News

BlockBeats News, December 27th, according to Ashes Monitor, Bitmine has accumulated a total of 154,176 ETH in staking today, worth approximately 451 million U.S. dollars. According to previous statistics, Bitmine holds a total of 4.066 million ETH.

PANews reported on December 27 that Alex Thorn, Head of Research at Galaxy, stated on the X platform that for bitcoin to achieve a positive return in 2025, its closing price on the last day of the year must be above $93,389. However, the sentiment among bitcoin investors is undoubtedly rather subdued at the moment. Still, some portfolio managers may revisit bitcoin in January 2026. This year, bitcoin has seen many positive developments, and such “good news” seems to have become the norm. Despite a lackluster year-end performance, the performance of US bitcoin ETPs has been much more stable. Since the historical high of $62 billion set in October, cumulative inflows have only declined by 9%, further highlighting the increasing maturity of this asset class. Galaxy believes that it may only be a matter of time before bitcoin follows gold as a hedge against currency devaluation, and several large asset allocators and central banks could ignite this trend.

On December 27, a former traffic police officer in Ufa, Russia, was sentenced to 7 years in prison for stealing approximately 20 million rubles (equivalent to several hundred thousand US dollars) in bitcoin. The case occurred in 2022, when the officer illegally obtained access to the mobile phones of two detained individuals during an investigation, transferred BTC through messaging apps and crypto wallets, and used violence during evidence collection. The court sentenced him to 7 years in a general regime prison, ordered him to compensate the victims about 20 million rubles, and stripped him of his police rank.