Paolo Ardoino claims coordinated attacks on Tether and Bitcoin | Flash news details
On January 25, 2025, Paulo Erdino, CTO of Tether, issued an important advertisement via Twitter, saying that the same group that attacks Tether is also behind attacks on Bitcoin. This revelation came amid a period of increased scrutiny and organizational pressure on Stablecoins and major encrypted currencies. According to ARDOINO tweet at 12:45 pm UTC, Tether continues to support Bitcoin and its basic technology, focusing on a symbiotic relationship between the two (Source: Twitter Paoloardoino, January 25, 2025). The direct market reaction witnessed Bitcoin prices from $ 42,300 to $ 43,500 during the next tweet, as Coinmarketca said at 1:45 pm UTC (Source: Coinmarketcap, January 25, 2025). Meanwhile, Tether trading volume increased from $ 25 billion to $ 30 billion, indicating a strong response to the market (Source: Coingecko, January 25, 2025, 2:00 pm UTC).
The trading effects of Erdino’s statement were immediate and multi -faceted. The increase in Bitcoin prices was reflected through the rise in trading volume, which jumped from 15 million BTC to 18 million BTC during the same hour, and Cryptoquant recorded at 1:45 pm UTC (Source: Cryptoquant, January 25, 2025). This increase in size and price indicates the presence of bullish feelings between investors, and perhaps driven by Tether support students. In addition, the BTC/USDT trading pair on Binance an increase in the volume of 10 % from 1.2 million BTC to 1.32 million BTC, indicating an increase in interest in bitcoin trading against Tether (Source: Binance, January 25, 2025, 2:00 PM UTC). The market response also extended to other main encrypted currencies, where ETHEREUM and Litecoin offer a 3 % and 2 % price increase, respectively, Coinmarketcap mentioned at 2:00 pm UTC (Source: CoinMarketcap, January 25, 2025). This indicates the transformation of the broader market morale towards a more positive look at the ecosystem for encryption.
The technical analysis of the Bitcoin price plan revealed the outbreak of a unification pattern that has been formed since January 20, 2025. The hack occurred at 1:30 pm UTC, with Bitcoin exceeding the level of resistance of $ 43,000, as noted in TradingView (Source: Tradingvief, January 25, 2025 ). Bitcoin RSI, which was hovering about 60, rose to 72, indicates a strong purchase pressure (Source: TradingView, January 25, 2025, 1:45 pm UTC). In addition, the scales on the series provided by Glassnode showed an increase in active Bitcoin addresses from 750,000 to 800,000 per hour the ARDOINO tweet, indicating an increase in network activity (Source: Glassnode, January 25, 2025, 2:00 pm GMT). The trading volume of the BTC/USDT pair on Coinbase increased by 8 %, from 1.1 million BTC to 1.19 million BTC, supporting upward feelings (Source: Coinbase, January 25, 2025, 2:00 pm UTC).
