WHAT'S THE WAY FORWARD FOR BITCOIN?
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As of January 27, 2026, Bitcoin ($BTC ) is trading around $87,700 - $88,600 (With a live price of $88,300 at the time of writing) showing signs of consolidation after recent volatility. The cryptocurrency has been under pressure from macroeconomic factors, geopolitical tensions (such as U.S.-Iran issues), and market rotations away from risk assets. This has led to a choppy trading environment, with BTC struggling to reclaim higher levels like $90,000 while defending key supports. Short-Term Price Movement (1-30 D
She Zhijiang was extradited back to China today, having been involved in illegal blockchain financing projects.
BlockBeats News, November 12 — Chinese national She Zhijiang (also known as She Lenkai, Tang Kriang Kai), a transnational criminal involved in illegal blockchain financing projects, was escorted by Thai police from Thailand to Suvarnabhumi Airport in Bangkok and extradited back to China today. Previously, on November 10, the Office of the Supreme Prosecutor of Thailand stated that the Court of Appeal upheld the decision of the lower court to extradite She Zhijiang for his illegal gambling operations and other activities that violate Chinese law. She Zhijiang’s main crimes include creating and operating 239 illegal gambling websites, involving over 12.63 trillion Thai Baht (approximately 2.77 trillion RMB) in illicit funds. He has long been engaged in gambling and telecom fraud activities in the KK Park area of Miao Wadi in Myanmar and the “Asia-Pacific New City,” using online platforms to lure Chinese citizens into illegal transactions. She Zhijiang also built the Asia-Pacific New City near the Myanmar-Thailand border in the Shui Gou Gu area, claiming it was the first blockchain-based project for global financing, but in reality, he was involved in online gambling and telecom fraud operations.