Coinotag notes that the current direction of bitcoin creates significant opportunity for both long-term investors and market participants willing to take risks.
Coinotag notes that the current direction of bitcoin creates significant opportunity for both long-term investors and market participants willing to take risks.
The Bitcoin mining sector has witnessed a worrying fall in market capitalization, as highlighted in a detailed report by JPMorgan. The analysis shows that the combined market value of 14 publicly traded companies, including MARA and Core Scientific, plummeted by an impressive 25% in March.
Japan's Financial Services Agency (FSA) will submit a bill on the classification of cryptocurrencies as financial products to the country's parliament as early as 2026. Crypto-assets may become subject to local laws dealing with insider trading.
BlackRock CEO Larry Fink, a well-known supporter of cryptocurrencies and other digital instruments, warned about a possible threat posed by the spread of bitcoin to the US currency.
Bitcoin is increasingly being used in corporate finance and could become a standard reserve asset for major corporations by 2030. Elliot Chan, an expert at Architect Partners, estimates that a quarter of the S&P 500 will hold BTC on their balance sheets as a long-term investment.
Institutional adoption of Bitcoin in the EU has been sluggish, primarily due to regulatory fragmentation and conservative investment strategies. Unlike the US, where President Donald Trump ordered to create a federal BTC reserve, European firms have no clear position on the asset.
Bitcoin has fallen below $86,000 ahead of a record $16.5 billion options expiration, an event that could trigger significant volatility in the cryptocurrency market, according to FXLeaders. The market is struggling to break through the key resistance level around $90,000.
According to Glassdoor, the number of major bitcoin holders with at least 10,000 BTC in assets continues to grow. Whales seem to be preparing for a potential bitcoin rally by focusing on favorable macroeconomic circumstances and other positive factors, the organization believes.
A video of Ripple CEO Brad Garlinghouse delivering a speech at the event organized by the International Monetary Fund (IMF) and the Swiss National Bank has popped up online again.
According to CoinDesk.com, the top priority of the US Congress in regulating cryptocurrencies is to finalize the Stablecoin Act as soon as possible. The Senate Banking Committee has already advanced its own version, gaining bipartisan approval. The bill now moves to the Senate for consideration.
The US Securities and Exchange Commission (SEC) has announced its decision to hold four round tables addressing the regulation issues related to cryptocurrencies.
Bitcoin is the first and most commonly used cryptocurrency in the world. It holds a prominent place in the digital economy and draws the attention of traders and investors. High volatility and a wide range of influencing factors make the forecasting of its price complicated and requiring complex analysis.
Successful bitcoin trading is based on analyzing market trends, fundamentals, and technical factors.
Key elements that determine the value of bitcoin include:
Major investors and funds also have a considerable impact on the movement of bitcoin prices. Their massive purchases or sales can cause sharp fluctuations in the exchange rate. In addition, the general sentiment in the crypto market determines the dynamics of BTC, creating periods of high activity and deep corrections.
Forecasting the price of bitcoin is a complex task, as it is formed under the influence of many factors. Successful trading strategies and investment decisions require a thorough analysis of the macroeconomic situation, politics, and investor sentiment.