Market Update - January 26
- Gold surpasses $5,000, Bitcoin drops to $87,000, and altcoins face significant losses amid geopolitical instability.
- The Netherlands plans to tax cryptocurrencies based on unrealized gains starting in 2028, prompting strong community backlash.
- Michael Saylor reveals plans to acquire more Bitcoin this week; his strategy currently holds 709,715 BTC, valued at approximately $62 billion.
- Foundry USA, the world's largest Bitcoin mining pool, reports a 60% decrease in hashrate to around 200 EH/s due to the ongoing mining winter in the U.S.
- Colombia's second-large