Day: January 27, 2025

Russia’s largest power grid operator Rosseti to support Bitcoin mining

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Rosseti, the largest state-backed power grid operator in Russia, plans to support Bitcoin mining by utilizing some of its underloaded power centers. According to Russia’s state news agency TASS, Rosseti views the initiative as an opportunity to maximize unused energy capacity while driving additional revenue streams. A translated statement cited in the report states: “The Rosseti Group is the largest grid company in Russia and can act as an operator coordinating the placement of mining infrastructure.” The state-backed energy provider said it was equipped with advanced infrastructure capable of monitoring…

Bitcoin Correction Alert: Arthur Hayes Warns Of Drop To $75K

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The price performance of Bitcoin is drawing the attention of market experts. Arthur Hayes, co-founder of BitMEX, is sounding the alarm bell on the coin’s trajectory. Hayes recently warned of a possible drop to $70,000–$75,000 in the near future. This prediction comes amid global economic instability and changing market conditions. A Potential Mini Financial Crisis According to Hayes, the global financial system might experience a “mini financial crisis.” This event could force Bitcoin to assess reduced support levels even if it is still appealing to investors looking for a safety…

Crypto ETF products see $1.9b weekly inflow as Trump backs Bitcoin reserve idea

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Weekly inflows into crypto ETF products hit $1.9 billion, following Trump’s backing of Bitcoin reserve proposals. Nearly $2 billion flowed into crypto investment products last week, boosting year-to-date inflows to $4.8 billion, CoinShares revealed in a Jan. 27 research report. Bitcoin (BTC) continues to dominate, pulling in $1.6 billion last week, or 92% of the total inflows. Year-to-date, it has attracted $4.4 billion in investments. Short-Bitcoin ETFs also saw $5.1 million in inflows, CoinShares notes, adding that this inflow was likely from traders preparing for potential market pullbacks after Bitcoin’s…

Ready To Rocket? Dogecoin Chart Hints At Major Gains Ahead

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Este artículo también está disponible en español. Crypto analyst Ali Martinez (@ali_charts) has spotlighted a potential trend reversal for Dogecoin, revealing that the popular memecoin has flashed a bullish technical signal on its daily chart. According to Martinez, the TD Sequential indicator has presented a “buy signal,” suggesting a price rebound could be on the horizon. Dogecoin Prints TD9 Buy Signal The shared chart—spanning daily candlesticks of the DOGE/USDT pair—illustrates 10 days of downward price action. Dogecoin has retreated from previous highs near $0.4843 to trade at approximately $0.32, shedding…

‘Rich Dad’ author Kiyosaki predicts Bitcoin will challenge US dollar dominance

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Robert Kiyosaki, author of “Rich Dad Poor Dad,” has argued that Bitcoin will force the US dollar “into hiding.” He cited economic principles and network effects to support his prediction about the future of currency. In a series of tweets, Kiyosaki explained his bullish stance on Bitcoin (BTC) through two key laws. First, he referenced Gresham’s Law, which states that “bad money” in a system causes “good money” to go into hiding. He noted that gold, silver and Bitcoin are forcing the fake U.S. dollar into hiding. TWO LAWS THAT…

Wallet addresses holding at least $100 in Bitcoin approach all-time highs: report

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Wallet addresses holding at least $100 in Bitcoin are approaching all-time highs as per a recent report by Binance. On-chain data shows a major increase in small Bitcoin (BTC) holders, showing a surge in renewed interest and optimism for BTC. This retail growth goes parallel to the institutional adoption driven by BTC ETFs, which saw holdings double from 650,000 BTC to over 1,250,000 BTC throughout 2024. The expanding retail presence comes as BTC shows strong holder behavior, with over 50% of BTC remaining unmoved for more than two years. Market…

Bitcoin ETF weekly inflows slowdown despite optimism following Trump’s inauguration

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Inflows into spot Bitcoin exchange-traded funds in the United States tapered off over the past week, starkly contrasting the expectations of the crypto community following President Donald Trump’s inauguration. According to data from SoSoValue, the 12 spot Bitcoin ETFs experienced a slowdown in inflows over the past week, attracting approximately $1.76 billion from investors—around 10.5% less than the $1.96 billion recorded the previous week. These investment products reportedly drew over $1 billion on Jan. 17, marking their highest inflow since the beginning of the year, just ahead of Trump’s presidential…

Will Aptos Crash Or Soar? Analysts Split As Active Users Hit All-Time Highs

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Aptos, the blockchain platform making waves with its cutting-edge programming language, is riding a rollercoaster of growth and growing pains. While its ecosystem is exploding with new users and activity, its native token, APT, can’t seem to catch a break. Let’s unpack what’s driving the hype—and why investors are biting their nails. Ecosystem Boom Meets Market Blues Aptos isn’t just growing—it’s skyrocketing. In less than a year, active addresses on the network ballooned from under 100,000 to over 1.4 million. Transactions are up 30% this month alone, fueled by developers…

Cardano (ADA) In The Red: Struggles Persist Under $1.00

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

XRP Price Sees a Bearish Shift: Key Levels to Watch

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…