May 1, 2024

Bitcoin has become an element of the global financial market

Bitcoin has become an element of the global financial market

An analyst at Los Angeles-based asset management firm Wedbush Securities said the price increaseBitcoin is supported by fundamental factors.

In a recent note to clients, the managerCEO Dan Ives said bitcoin is becoming a permanent feature of the global financial market. He also noted that the corporate adoption of bitcoin is a significant event for the cryptocurrency, which will affect its future price.

«We believe that the story and theme are much morebroader than just investing in Bitcoin and predicting its future price. Rather, it's about the potential ramifications that cryptocurrencies, blockchain and Bitcoin could have in the tech world and the corporate sector over the next decade.

Ives said Bitcoin's popularity is not a tribute to fashion, noting interest from Paypal, Square, Visa and Tesla.

«We believe that in the coming years the trendstransactions, investments in Bitcoin and blockchain-based initiatives could skyrocket as this Bitcoin mania, in our opinion, is not a fad, but the beginning of a new era on the digital currency front.

Ives' asset management firm Wedbush Securities has been supporting Bitcoin adoption since 2014, touting BTC as a disruptive force for existing financial markets.

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is determined by the trading volume andnumber of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 OKEx https://okex.com 7.4
3 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5
5 Yobit https://yobit.net 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features — futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Bitcoin has become an element of the global financial market

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