Crypto Market Gains and Bitcoin Support at $105K Amid Institutional Activity Surge

A significant Georgian tour operator, Tripzy, has started accepting cryptocurrency payments from residents of Russia and the CIS countries. Meanwhile, Russian broker 'Finam' is offering qualified investors derivatives on leading cryptocurrencies. IG Group in the UK has opened crypto trading opportunities for retail investors. SharpLink Gaming, in its IPO planning, intends to purchase ETH worth $1 billion, according to SEC documents. The Tajwan-based crypto exchange BitoPro seems to have experienced a breach resulting in an $11.5 million loss, although this has not been officially confirmed. Additionally, Ripple has partnered with Portuguese company Unicambio to integrate its payment system. Bitcoin's price has surpassed $105,000, with analysts emphasizing the $103,000–$105,000 zone as crucial support levels; falling below this could lead to a drop to the $93,000–$97,000 range. Market rumors and insights suggest that bank analysts foresee a potential "supply shock" in the BTC market due to increasing demand and institutional activity. Ethereum's creator, Vitalik Buterin, predicts a tenfold productivity increase over the year as a result of blockchain upgrades.