Today’s Top Crypto News, Friday January 27th

Today’s Top Crypto News, Friday January 27th

•US institutions account for 85% of Bitcoin buying in ‘very positive sign’ – CoinTelegraph

“Matrixport’s head of research and strategy suggests the industry will soon see layer 1 and other altcoins outperforming relative to Bitcoin.”

•Crypto Exchange Bithumb Raided in South Korean Price Manipulation Probe– CoinDesk

“South Korean prosecutors are investigating transactions related to a specific person or entity moving the price of a coin to make a profit and said they will also examine relevant transactions on other exchanges.”

•Bitcoin Mining Hardware Market to Reach $1.7 Billion, Globally, by 2031 at 12.6% CAGR: Allied Market Research – Yahoo Finance

“Improved data transparency across payments in banks, financial services, and other business sectors drives the growth of the global bitcoin mining hardware market.”