Major cryptocurrencies including Bitcoin, Ether, Solana, and Dogecoin declined amid a surge in the U.S. dollar driven by the Japanese yen hitting a 40-year low. Bitcoin traded below $60,000 and its 200-week moving average, with muted onchain demand and shrinking transaction fees signaling low market activity. Adding to market caution, Strategy, the largest corporate bitcoin holder, announced plans to possibly sell over $1 billion in bitcoin, reversing its founder's previous stance. The crypto market remains subdued, awaiting changes in dollar strength and potential interventions in the yen's decline.
Matt Hougan, CIO at Bitwise Asset Management, identifies three key crypto investment themes: Bitcoin as a hedge against currency devaluation, Zcash for privacy features, and a long-term tokenization cycle involving Ethereum, Solana, and Uniswap. Bitc...
A Bitcoin wallet created in 2016 transferred 1,260.77 BTC, now valued at over $100 million, marking an 11,366% gain over a decade. Additionally, nearly 75 physical Casascius 1 BTC coins were redeemed in early September, indicating vintage holders are...
Bitcoin's mining difficulty increased by 1.31% at block height 965664, marking the eighth rise in 2026, reaching 127.45 trillion. Despite this, the network's hashrate remained steady at 934 EH/s, below the 1 ZH/s threshold. Meanwhile, the hashprice s...
Since the Federal Reserve's establishment in 1913, the US dollar has lost about 97% of its purchasing power due to inflation and major economic events. This decline has increased interest in Bitcoin, which offers a capped supply and potential protect...
Bitcoin traded near $79,972, up 0.43% in 24 hours, with optimism for reaching $85,000 fueled by strong ETF inflows and bullish market sentiment. The global crypto market cap rose to $2.72 trillion, led by gains in Solana, Ethereum, XRP, and BNB. Key ...
