ChainCatcher news, BitRiver financial analyst Vladislav Antonov stated that the price of Bitcoin "is expected to continue to grow to $130,000 between March and April 2025, and to $160,000 between October and November 2025." This prediction depends on favorable financial and regulatory developments, as well as positive geopolitical developments.

ChainCatcher news, the Russian government and the country's crypto miner BitRiver announced plans to build mining data centers in BRICS countries. The plan involves the Russian Direct Investment Fund (RDIF), and the two parties released the relevant news on October 18 at the BRICS Business Forum in Moscow.BitRiver CEO Igor Runets stated that the plan will focus on building infrastructure based on crypto mining to enhance global computing power to support the development of artificial intelligence projects.Currently, BitRiver has 21 data centers in Russia and is constructing 10 new centers. Although the specific details of the deal with BRICS have not been disclosed, both parties believe there is a shortage of space for energy-intensive data centers globally. RDIF CEO Kirill Dmitriev emphasized that developing AI computing capabilities is a priority for Russia and its BRICS partners.

According to ChainCatcher news, as reported by Bitcoin.com, Russia has climbed to the second place in the world in terms of total power capacity specifically for cryptocurrency production facilities. According to data provided by Russia's largest mining operator, Bitriver, the electricity involved in cryptocurrency mining has reached 1 gigawatt (GW) in the first three months of this year.Despite the ongoing regulatory uncertainties and the negative impacts of sanctions, the investment in the industry has been increasing, reaching a historical high this year. (Source link)