... and high BTC prices in Q2, yet profitability remains negative. Investors should focus on the Cost of Mining and plans for expanding hash rate. If the loss turns out to be less than expected (e.g., due to effective cost reductions or re-evaluation of Bitcoin reserves) and management expresses optimism regarding prospects amid the recent crypto rally, MARA shares may see a positive response. However, analysts caution that the volatility of the crypto market remains a high risk. Any indication of the need for additional funding (dilution of shares) or rising costs could provoke a negative reaction. Investors interested in MARA should also consider the current Bitcoin dynamics ...

... instruments. For example, the Moscow Exchange has launched trading in a futures contract linked to the price of Bitcoin (based on the Bitcoin ETF), while the SPB Exchange is testing derivative instruments on crypto assets. These steps indicate a growing recognition ... ... cryptocurrency exchange rates for tax calculations. Market Conditions: Global trends in the cryptocurrency market and price volatility remain a significant factor. Even with the development of a national ecosystem, digital assets are characterized by ...

... during such periods, reflecting the predominance of growth expectations. At the same time, maintaining a sound approach remains important: even amid institutional excitement, private investors should not succumb to euphoria, considering the persisting volatility of cryptocurrencies. Institutional Interest in Ethereum The current distribution of the largest holders demonstrates a new phase of institutional interest in Ethereum. Whereas corporations and funds previously primarily focused on Bitcoin, Ethereum is increasingly taking its place in their strategic reserves and investment portfolios. The emergence of a whole group of "Ethereum treasurers" — from exchanges and mining firms to DAO funds — indicates that large capital ...

... the price of Dogecoin. The beginning of 2025 marks a relative improvement in sentiment in the cryptocurrency market following Bitcoin's halving in April 2024, which historically sets a bullish trend for the next year to a year and a half. If global economic ... ... monetary policy or new regulatory restrictions regarding cryptocurrencies could dampen market participants' enthusiasm. As a highly volatile coin, Dogecoin is particularly sensitive to shifts in sentiment: in a deteriorating macroeconomic backdrop, investors ...

... Executives of major funds also point to the influx of investments: Hunter Horsley, CEO of Bitwise, noted that the recent rise in Bitcoin (to around $94,000) occurred with minimal retail participation, highlighting the role of institutional investors​. This ... ... appetite) or due to internal troubles in Solana. If the broader cryptocurrency market undergoes a correction, Solana, as a highly volatile altcoin, may experience a sharper decline. In this case, it is crucial to monitor support levels: a break below the $130 ...