Six decade-old wallets moved $40 million this month, but Galaxy’s data shows dormant coin activity at its lowest since 2022 and 2026 on pace for under half of last year’s total.
Analysts say consolidation could strengthen bitcoin’s rally, while thin trading above $80,000 may set up sharper price moves.
The ETH/BTC ratio has recently formed a bullish golden cross, suggesting ether could extend its outperformance against bitcoin.
ZEC traded above its January 2018 peak as futures volume hit billions of dollars and a Grayscale filing showed fresh progress toward converting its Zcash Trust into a spot ETF.
The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market.
Today in crypto, MANTRA’s token fell to an all-time low amid a precautionary halt. Bitcoin miners are pouring billions into AI and high-performance computing even as revenue trails investment, while a newly uncovered phishing operation targeted about 885,000 phone numbers worldwide. MANTRA token sinks 18%… Read More
