NBX conference in Berlin sparks discussion on Bitcoin’s future

Bitcoin is back in the spotlight, but this time on a wave of macroeconomic changes, regulation and innovative financial products. The juxtaposition of these factors is triggering discussions on the future of cryptocurrencies, from Bitcoin itself to a range of financial tools, including ETF solutions.

Halving relevant, but increasingly less so

At the Next Block Expo (NBX) conference in Berlin, participants pondered the future of Bitcoin, expressing differing views on the halving cycle and its psychological impact on the market. Miko Matsumura compared it to a medieval battering ram, noting that the cycle has a place in the psyche of investors, causing reflexive reactions and prompting further actions.

However, as Bitcoin grows, it seems that the actual economic effect of halving is gradually diminishing. What was once a dynamic shift in supply is diminishing with each cycle, potentially having a weaker and weaker effect on the market.

Prudent management key to success

Beyond the Bitcoin market itself, there is also a growing interest in financial instruments related to the cryptocurrency. One example is Bitcoin ETFs, which, pending approval, have the potential to significantly increase the value of BTC itself. According to some, such funds could bring as much as $10-12 billion in new investments. This is an important event not only for the cryptocurrency market, but also for global exchange operators, who will have to adjust to the possible increase in demand.

However, despite the euphoria accompanying the growth of the market, there is a voice of caution. Mention is made of the overspending of some crypto companies during the bull market and the need to build a solid foundation for long-term growth. A cautious approach is emphasized as the key to avoiding the pitfalls that over excitement in the market can bring.

Binance’s problems not as bad as they may seem

In addition, enforcement and regulatory actions such as those against Binance appear to be having an impact on the industry as a whole. Despite initial concerns, Binance’s settlement with the U.S. Department of Justice is seen as a step toward ensuring stability and reducing uncertainty about the future of the world’s largest cryptocurrency exchange.

It is these factors – from the halving cycle to expected ETFs to regulatory actions – that will shape the cryptocurrency landscape in the coming years. All these elements, assembled into a mosaic of changes, draw a picture of a dynamic and evolving future for the cryptocurrency world.

Disclaimer: Blockbulletin does not take accountability of investments based on the information of the website. We highly advice readers to make extensive research prior to any invest

Share this article

More news

XRP

XRP outperforms Bitcoin and Ethereum

In the past week, XRP decisively outperformed its main rivals, Bitcoin (BTC) and Ethereum (ETH), in terms of capital flows. Moreover, it recorded an impressive $2.7 million…

Solana and Avalanche on the eye of investment funds

Two alternative coins, Solana (SOL) and Avalanche (AVAX), are gaining increasing interest and are successively attracting the attention of investment funds. Although bitcoin (BTC) remains the main…
All articles loaded
No more articles to load

Learn

Cryptocurrency wallets

Cryptocurrency wallets

We talked about security when trading crypto assets in an article titled “Online security“. We also mentioned how important it…
hardware wallets

Cryptocurrency hardware wallets

From the article titled “Cryptocurrency wallets” you learned about the different types of wallets. They were briefly characterized there. Let’s…
Where to buy cryptocurrency brokers

Which cryptocurrency Brokers to use

In the article “Where to Buy Cryptocurrencies (Exchanges)“, we introduced you to which exchange platforms you can purchase cryptocurrencies on.…
Trading cryptocurrencies

Trading cryptocurrency

In the cryptocurrency market, you face many opportunities to invest in cryptocurrency or buy or sell cryptocurrency. If you want…
All articles loaded
No more articles to load

Analyses

All articles loaded
No more articles to load

Latest news

All articles loaded
No more articles to load