Curiosity has taken over the crypto space. Every enthusiast and potential trader wants to know when the next crypto bull run will start. The digital currency reached an all-time high in December 2017 and since then, it has been stuck in a crypto winter.

As well all know, Bitcoin, is the highest rising digital asset of all time. This is partly because of Bitcoin’s speculative nature, unlimited potential, and its built-in difficulty adjustment designed to throw off the elements of supply and demand to create a balance. This increases the Bitcoin price against the USD in return. It is a major reason why the leading digital currency can potentially initiate the next crypto bull run.

Bitcoin (BTC) Price Today – BTC / USD

A while ago, Starbucks announced that it was entering into a partnership with the United States cryptocurrency-based platform, Bakkt. Two days ago, new details about the partnership revealed that Starbucks, the United States coffee giant, may start accepting Bitcoin Bakkt payments because of the equity deal. The news was initially reported by The Block, a cryptocurrency news outlet.

Bitcoin Bakkt Payments On Starbucks

In August last year, Starbucks became one of the founding partners of Bakkt. Now, the coffee giant will install the Bitcoin Bakkt software that will allow customers make payments for their products in Bitcoin. The report from The Block stated that even if the payments will be made in cryptocurrencies, no Bitcoin will be left on the chain. They will be converted into fiat instantly.

Bitcoin (BTC) Price Today – BTC / USD



The entire cryptocurrency industry has been waiting for the release of Bakkt which is currently in its final stages. The platform is expected to support the massive adoption of cryptocurrencies around the globe. The platform will most likely be launched this year. Among other things, it is going to provide issuance for physically-delivered Bitcoin futures contracts. Right now, the main thing that is holding the platform back is regulatory approval from the CFTC. As soon as the United States Commodities Futures Trading Commission gives its approval, the platform will go live. This is expected to happen later this year.

Bitcoin miners can have some cheer as their earnings from bitcoin mining increases after hitting 18-month lows according to a new report from Diar. The blockchain research company in its weekly newsletter dated March 4 confirmed that the revenue from bitcoin mining is actually on the rise.

Cryptocurrency market valuation to hit $1 trillion this year. The market cap of cryptocurrency seems to just increase. Even though some of the individual ones are falling but cumulatively, the market cap seems to increase year-on-year.

According to the CEO of Kraken, Jesse Powell, cryptocurrencies would see accelerated growth. They would be able to pull back from the bottom to new highs.

According to him, there are many businesses revolving around cryptocurrencies now. Also, there are many people in the know-how of cryptocurrency is no

Introduction

In the modern world, new technologies become important factors of the development of financial sphere of world economy. Emergency of such cryptocurrency as Bitcoin is connected with both great opportunities and certain risks for the users of this cryptocurrency. The aim of the present work is to determine the main factors which affect the price of Bitcoin.