Based on the inflow/outflow of funds for BTC spot ETF on January 29th, it is expected that approximately 14,800 BTC (about 638.8 million US dollars) will be transferred to various ETF custody addresses after the opening of the U.S. stock market today, including:- GrayScale GBTC custody address will have an outflow of about 4,441 BTC;<br>- The remaining nine ETF custody addresses will have an inflow of about 10,359 BTC;<br>- The overall net inflow is about 5,918 BTC. Funds have been continuously flowing in for 2 days.

According to data tracked by IntoTheBlock, cryptocurrency whales or large investors have accumulated $3 billion worth of Bitcoin this month. The amount of Bitcoin held in wallets with over 1,000 BTC has increased by about 76,000 BTC, reaching nearly 78 million BTC. Although the net inflow of Bitcoin ETF is $820 million, the capital inflow of Bitcoin whales has increased by about $3 billion (76,000 BTC) since 2024.

Bitcoin may be clear to attack resistance higher up, but the odds of sweeping recent lows later on remain convincing among BTC price pundits.

BTC has briefly surpassed 42200 USDT and is now reporting 42191.4 USDT, with a 24-hour increase of 0.74%.

Bitcoin DeFi dApp Sovryn announced the launch of BitcoinOS, which is a Bitcoin rollup "super chain" designed to address any limitations brought by Rootstock sidechain technology, enabling developers to develop on Bitcoin, achieve sustainability, drive adoption, and cultivate network effects.

The US government has filed a notice to sell almost $130 million worth of Bitcoins seized from the Silk Road darknet marketplace. The sale will be in two lots, with one lot consisting of 2874 BTC valued at $129 million and the other lot consisting of 58 BTC worth $3.3 million. Individuals, excluding defendants, have 60 days from January 10 to assert an interest in the forfeited property via an ancillary petition. The US government's sale of these Bitcoins could create further selling pressure on the BTC price.

According to Coinglass data, the total open position of BTC futures contracts on the network is 427,590 BTC (approximately $17.12 billion). Among them, the open position of CME BTC contracts is 110,520 BTC (approximately $4.42 billion), ranking first; the open position of Binance BTC contracts is 104,560 BTC (approximately $4.19 billion), ranking second.

Former Ark Invest cryptocurrency head and current Placeholder VC partner Chris Burniske stated on social media that he believes Bitcoin may fall to a range of $30,000 to $36,000 or test the range of $20,000 to $30,000. He reminds the market of volatility and false breakouts. Currently, there seem to be many uncertain factors at the macro level. New product innovations are coming, but they are not yet fully in place. Chris Burniske suggests patience and still holds cryptocurrency assets.

SHANGHAI/HONG KONG, Jan 25 (Reuters) - Dylan Run, a Shanghai-based finance sector executive, started moving a bit of his money into cryptocurrencies in early 2023, when he realized that the Chinese economy and its stock markets were going downhill.

Kaiko stated in a post on X platform that the 60-day correlation between BTC and the Nasdaq 100 index has approached 0.