Bitcoin has stalled around $80,000 for much of this week, and Arthur Hayes believes that pause alone is enough to break Strategy's decade-old bitcoin playbook. The BitMEX co-founder argues Michael Saylor is now boxed into three uncomfortable choices, and none of them are free. The Premium Problem For years, Strategy Inc.
Bitcoin's price action during Friday's Asian trading session showed the cryptocurrency hovering just beneath the $80,000 level, following a brief spike to $81,280 in the previous session. This price movement coincided with a sustained wave of institutional investment, as U.S. spot Bitcoin exchange-traded funds recorded their eighth consecutive day of positive inflows, accumulating $2.8 billion.
At the Bitcoin Asia 2026 conference in Hong Kong, Changpeng Zhao—the founder of Binance widely recognized as CZ—declared that Bitcoin stands poised to eclipse gold's dominance in the upcoming major bull market. His forecast came during a keynote titled “The Bitcoin Century.
From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin's hashrate slide nearly a percentage point, along with roughly 55 exahash per second (EH/s) of computational power.
Warsh's Jackson Hole speech could shape expectations for Fed support of Treasury buybacks, with implications for bitcoin, gold and long-term yields.
Bitcoin has once again failed to break decisively above the $82,000 resistance zone.
According to Grayscale Investments' Zach Pandl, increased US debt would put a strain on bonds and reduce confidence in fiat currencies. Pandl pointed out that investors would be looking for an alternative means of storing value, which would favor Bitcoin, Ethereum, and Zcash.
Bithumb obtained its second victory in court while trying to get funds from the erroneous Bitcoin deposit in their February marketing event. Seoul Central District Court ruled that one of their users should repay around 194 million won for his mistake in selling Bitcoins.
Bitcoin regained the critical $80,000 level on Thursday, reaching an intraday peak of $80,808 following impressive quarterly results from chipmaker Nvidia.
Bitcoin recorded its biggest weekly dollar gain ever, while ETF inflows hit their strongest level since October 2025.
Bitcoin slips below $80,000 while Solana leads major altcoins higher. Traders now await Fed Chair Kevin Warsh's Jackson Hole speech.
The indictor has flipped positive for the first time since May as BTC looks to establish a foothold above $80,000.