Bernstein expects Bitcoin to reclaim $125,000 by late 2026, before reaching $300,000 in 2029 under its base case, with a bull case of $500,000. Wall Street research company Bernstein expects Bitcoin to recover from its latest downturn, reclaim its 2025 high and set new records in the coming years heading into the peak of its historical cycle. Bernstein expects Bitcoin (BTC) to reclaim $125,000 by late 2026 under both its base and bull cases, according to a research report published Wednesday and seen by Cointelegraph. The company said Bitcoin gained 28% over the previous 10 days after falling about 50% from its October 2025 peak, a rebound that could signal the end of the current bear cycle. Read more
Taurus expects first institutional clients to connect in days, with initial DLT transactions through its platforms expected within weeks. Digital asset infrastructure provider Taurus has integrated its tokenization and custody platforms with Swift’s blockchain-based ledger. Taurus said Wednesday in an announcement shared with Cointelegraph that its clients can connect their existing digital asset infrastructure to the ledger for payments using bank-issued tokenized deposits. The first client integrations are expected to go live within days, with the first distributed ledger technology transactions facilitated through its platforms expected within weeks. Read more
Bitcoin struggled to establish support at $80,000 as investor cohorts all returned to net profitability. Bitcoin (BTC) remains sensitive to sell-side pressure at $80,000, even as investors broadly avoid mass profit-taking. Key points: Read more
The FSA, Finance Ministry, BOJ and financial institutions plan to study the infrastructure and produce a development plan by early 2027. Japan is reportedly preparing a blockchain-based system intended to enable immediate cash settlement of stock and Japanese government bond transactions at any time of day. The Financial Services Agency, Ministry of Finance, Bank of Japan (BOJ) and financial institutions plan to establish a study group this summer, Nikkei reported Wednesday. The group is expected to decide how the blockchain-based infrastructure will be built, divide responsibilities among public agencies and financial institutions and produce a development plan early in 2027. Read more