Today in the cryptocurrency market:

1.Bitcoin ($BTC ) has reached a new high at $57,000 and continues to rise. This is attributed to the increase in #Bitcoin ETF funds and the upcoming halving event. Experts predict further #Bitcoin‬ price growth, with some even speculating it could surpass $1 million per coin.

2.Other cryptocurrencies like Ethereum ($ETH ), Solana ($SOL ), Cardano (#ADA ), and Stacks (#STX ) are also rising amid the Bitcoin rally.

3.Significant profits have been recorded in the last 24 hours due to Bitcoin's price surge, resulting in over $150 million in losses for bearish leveraged positions. Analysts believe this signals the start of a new bullish market for cryptocurrency and anticipate significant Bitcoin price growth as the halving event approaches.

4.It's important to note that the #bitcoinhalving process, occurring approximately every four years, can impact price trends. Traders may leverage the current trend, identify key support and resistance levels, and employ breakout strategies to profit from price movements.

5.According to the news, in the last 20 days, "Smart Money" on the blockchain actively purchased various coins such as MOV, WLD, COTI, WBAI, PALM, and ORDS. These coins have shown high profitability and attracted attention due to concepts of artificial intelligence and fair distribution. They share common characteristics such as market attractiveness, fair distribution, and low market capitalization.

6. The Spanish financial market regulator, the Securities and Exchange Commission (CNMV), has warned investors about 18 companies operating in the country without the appropriate licenses. Among these companies are several cryptocurrency firms, including BITBINX, Crytomerge, and CryptoMaxiTrade. CNMV states that these companies do not have permission to provide investment services or other activities under its control. The regulator recommends concerned investors to seek legal assistance through regular judicial proceedings.