The post JPMorgan Reveals Hidden Factor Behind Bitcoin’s Next Move appeared on BitcoinEthereumNews.com. JPMorgan has identified a critical factor influencing Bitcoin’s near-term price movement. The investment bank points to Strategy, the world’s largest corporate Bitcoin holder, as a key variable in the cryptocurrency’s trajectory. Strategy’s financial health and market positioning could determine whether Bitcoin maintains momentum or faces renewed pressure in the coming months. Enterprise Value Ratio Emerges as Critical Metric The company’s Enterprise Value to Bitcoin ratio stands at 1.13, a figure JPMorgan considers essential for stability. This metric must remain above 1 to avoid forced selling scenarios. Strategy holds $1.44 billion in cash reserves, providing a two-year buffer for operational obligations. The financial cushion offers protection against market volatility and operational pressures. Bitcoin’s price dynamics have become increasingly intertwined with corporate balance sheet strategies. This represents a shift from previous market cycles, which were driven primarily by retail sentiment and macroeconomic factors. Institutional Bitcoin holdings now play a measurable role in price formation and market liquidity. MSCI will announce its decision on the Strategy’s index inclusion status on January 15. The outcome carries implications for Bitcoin’s short-term direction. Continued inclusion would maintain institutional investment flows and support potential price recovery. Exclusion would create headwinds, though JPMorgan suggests much of this risk has already been reflected in current valuations. Index decisions affect passive fund allocations and institutional exposure limits. Strategy’s presence in major indices channels capital into Bitcoin indirectly through equity holdings. The company’s stock performance and Bitcoin’s price movements have shown correlation patterns throughout 2024. Long-Term Valuation Target Set at $170,000 JPMorgan’s analysis extends beyond immediate catalysts. The bank estimates Bitcoin’s fair value to be near $170,000 over the medium term. This valuation reflects anticipated adoption trends and improved market liquidity conditions. The projection assumes continued institutional participation and favorable regulatory developments. Corporate Bitcoin accumulation strategies have introduced new market dynamics.… The post JPMorgan Reveals Hidden Factor Behind Bitcoin’s Next Move appeared on BitcoinEthereumNews.com. JPMorgan has identified a critical factor influencing Bitcoin’s near-term price movement. The investment bank points to Strategy, the world’s largest corporate Bitcoin holder, as a key variable in the cryptocurrency’s trajectory. Strategy’s financial health and market positioning could determine whether Bitcoin maintains momentum or faces renewed pressure in the coming months. Enterprise Value Ratio Emerges as Critical Metric The company’s Enterprise Value to Bitcoin ratio stands at 1.13, a figure JPMorgan considers essential for stability. This metric must remain above 1 to avoid forced selling scenarios. Strategy holds $1.44 billion in cash reserves, providing a two-year buffer for operational obligations. The financial cushion offers protection against market volatility and operational pressures. Bitcoin’s price dynamics have become increasingly intertwined with corporate balance sheet strategies. This represents a shift from previous market cycles, which were driven primarily by retail sentiment and macroeconomic factors. Institutional Bitcoin holdings now play a measurable role in price formation and market liquidity. MSCI will announce its decision on the Strategy’s index inclusion status on January 15. The outcome carries implications for Bitcoin’s short-term direction. Continued inclusion would maintain institutional investment flows and support potential price recovery. Exclusion would create headwinds, though JPMorgan suggests much of this risk has already been reflected in current valuations. Index decisions affect passive fund allocations and institutional exposure limits. Strategy’s presence in major indices channels capital into Bitcoin indirectly through equity holdings. The company’s stock performance and Bitcoin’s price movements have shown correlation patterns throughout 2024. Long-Term Valuation Target Set at $170,000 JPMorgan’s analysis extends beyond immediate catalysts. The bank estimates Bitcoin’s fair value to be near $170,000 over the medium term. This valuation reflects anticipated adoption trends and improved market liquidity conditions. The projection assumes continued institutional participation and favorable regulatory developments. Corporate Bitcoin accumulation strategies have introduced new market dynamics.…

        Highlights:  US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraform’s $40 billion downfall caused huge losses and sparked a long downturn in crypto markets.  Do Kwon will face sentencing on December 11 and must give up $19 million in earnings.   US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwon’s criminal earnings.  The court filing came in New York’s Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined.  U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a “colossal” fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing is… — Wu Blockchain (@WuBlockchain) December 5, 2025  Terraform Collapse Shakes Crypto Market Authorities explained that Terraform’s collapse affected the entire crypto market. They said it helped trigger what is now called the ‘Crypto Winter.’ The filing stressed that Kwon’s conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: “The cost and time associated with calculating each investor-victim’s loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victim’s losses, will delay payment and diminish the amount of money ultimately paid to victims.” Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwon’s Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November.  TERRA STATEMENT: “We are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.” — Zack Guzmán  (@zGuz) April 5, 2024  The news of Kwon’s sentencing caused Terraform’s token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwon’s lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.