Bitcoin ETFs switch back to outflows as China’s DeepSeek spooks investors

Spot Bitcoin exchange-traded funds in the United States shifted back to outflows for the first time since President Donald Trump’s inauguration, triggered by the global adoption of the Chinese AI app DeepSeek, which spooked investors and led to massive liquidations across the crypto market yesterday. According to data from SoSoValue, the 12 spot Bitcoin ETFs […]

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

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 […]