{"id":755,"date":"2026-01-03T07:49:54","date_gmt":"2026-01-02T22:49:54","guid":{"rendered":"https:\/\/www.kabutec.jp\/blog\/?p=755"},"modified":"2026-01-03T07:49:54","modified_gmt":"2026-01-02T22:49:54","slug":"2026%e5%b9%b4%e3%83%93%e3%83%83%e3%83%88%e3%82%b3%e3%82%a4%e3%83%b3%e4%be%a1%e6%a0%bc%e4%ba%88%e6%b8%ac%ef%bc%9a%e6%a9%9f%e9%96%a2%e6%8a%95%e8%b3%87%e5%ae%b6%e6%99%82%e4%bb%a3%e3%81%ae%e5%b9%95","status":"publish","type":"post","link":"https:\/\/www.kabutec.jp\/blog\/?p=755","title":{"rendered":"2026\u5e74\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u4fa1\u683c\u4e88\u6e2c\uff1a\u6a5f\u95a2\u6295\u8cc7\u5bb6\u6642\u4ee3\u306e\u5e55\u958b\u3051"},"content":{"rendered":"\n<p>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e2026\u5e74\u4fa1\u683c\u4e88\u6e2c\u306f\u3001\u4e3b\u8981\u91d1\u878d\u6a5f\u95a2\u306e\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u3067<strong>14\u4e07\u301c17\u4e07\u30c9\u30eb<\/strong>\u306b\u53ce\u675f\u3057\u3064\u3064\u3042\u308b\u3002\u3053\u308c\u306f2024\u5e74\u521d\u982d\u306e\u5f37\u6c17\u4e88\u6e2c\uff0830\u4e07\u30c9\u30eb\u8d85\uff09\u304b\u3089\u5927\u5e45\u306b\u4e0b\u65b9\u4fee\u6b63\u3055\u308c\u305f\u6570\u5b57\u3060\u304c\u3001\u73fe\u5728\u4fa1\u683c\uff08\u7d048.7\u4e07\u30c9\u30eb\uff09\u304b\u3089\u306f<strong>60\u301c95%\u306e\u4e0a\u6607\u4f59\u5730<\/strong>\u3092\u793a\u5506\u3059\u308b\u30022024\u5e744\u6708\u306e\u534a\u6e1b\u671f\u5f8c\u3001\u5f93\u6765\u306e4\u5e74\u30b5\u30a4\u30af\u30eb\u306f\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u53c2\u5165\u306b\u3088\u308a\u300c\u69cb\u9020\u7684\u306b\u5909\u5316\u300d\u3057\u305f\u3068\u591a\u304f\u306e\u30a2\u30ca\u30ea\u30b9\u30c8\u304c\u6307\u6458\u3057\u3066\u304a\u308a\u30012026\u5e74\u306f\u300c\u6a5f\u95a2\u6295\u8cc7\u5bb6\u6642\u4ee3\u306e\u672c\u683c\u7684\u5230\u6765\u300d\u3068\u306a\u308b\u898b\u8fbc\u307f\u3060\u3002 <a href=\"https:\/\/research.grayscale.com\/reports\/2026-digital-asset-outlook-dawn-of-the-institutional-era\" target=\"_blank\" rel=\"noreferrer noopener\">Grayscale<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e3b\u8981\u91d1\u878d\u6a5f\u95a2\u306e2026\u5e74\u4fa1\u683c\u4e88\u6e2c<\/h2>\n\n\n\n<p>\u5927\u624b\u91d1\u878d\u6a5f\u95a2\u306e\u4e88\u6e2c\u306f\u3001\u904e\u53bb1\u5e74\u3067\u9855\u8457\u306a\u4e0b\u65b9\u4fee\u6b63\u304c\u884c\u308f\u308c\u305f\u3002<strong>\u30b9\u30bf\u30f3\u30c0\u30fc\u30c9\u30fb\u30c1\u30e3\u30fc\u30bf\u30fc\u30c9<\/strong>\u306e\u30b8\u30a7\u30d5\u30ea\u30fc\u30fb\u30b1\u30f3\u30c9\u30ea\u30c3\u30af\u6c0f\u306f\u30012026\u5e74\u672b\u76ee\u6a19\u3092\u5f53\u521d\u306e30\u4e07\u30c9\u30eb\u304b\u3089<strong>15\u4e07\u30c9\u30eb<\/strong>\u3078\u534a\u6e1b\u3055\u305b\u305f\u3002 <a href=\"https:\/\/247wallst.com\/investing\/2025\/12\/17\/standard-chartered-cuts-bitcoin-2026-forecast-in-half-300k-dream-becomes-150k-reality\/\" target=\"_blank\" rel=\"noreferrer noopener\">24\/7 Wall St.<\/a>\u7406\u7531\u306f\u300c\u4f01\u696d\u306e\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u63a1\u7528\u304c\u4e88\u60f3\u3088\u308a\u9045\u3044\u300d\u3053\u3068\u3068\u300cETF\u6d41\u5165\u3078\u306e\u4f9d\u5b58\u5ea6\u4e0a\u6607\u300d\u3067\u3042\u308b\u3002 <a href=\"https:\/\/coinmarketcap.com\/academy\/article\/bitcoin-2026-price-predictions-btc-price-250k-10k-next-year\" target=\"_blank\" rel=\"noreferrer noopener\">coinmarketcap<\/a><a href=\"https:\/\/www.financemagnates.com\/trending\/this-new-bitcoin-price-prediction-shows-btc-will-hit-only-150k-in-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\">Finance Magnates<\/a><\/p>\n\n\n\n<p><strong>JP\u30e2\u30eb\u30ac\u30f3<\/strong>\u306f<strong>17\u4e07\u30c9\u30eb<\/strong>\u3092\u57fa\u672c\u30b7\u30ca\u30ea\u30aa\u3068\u3057\u3066\u63d0\u793a\u3057\u3001\u751f\u7523\u30b3\u30b9\u30c8\u306b\u57fa\u3065\u304f\u4fa1\u683c\u4e0b\u9650\u3092<strong>9.4\u4e07\u30c9\u30eb<\/strong>\u3068\u7b97\u51fa\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/zycrypto.com\/jpmorgan-calls-bitcoin-bottom-at-94000-unveils-170k-forecast-to-challenge-golds-dominance\/\" target=\"_blank\" rel=\"noreferrer noopener\">ZyCrypto<\/a><a href=\"https:\/\/247wallst.com\/investing\/2025\/12\/11\/crypto-market-2026-predictions-which-coins-will-10x-and-which-will-crash\/\" target=\"_blank\" rel=\"noreferrer noopener\">24\/7 Wall St.<\/a>\u30cb\u30b3\u30e9\u30aa\u30b9\u30fb\u30d1\u30cb\u30ae\u30eb\u30c4\u30a9\u30b0\u30ed\u30a6\u7387\u3044\u308b\u30a2\u30ca\u30ea\u30b9\u30c8\u30c1\u30fc\u30e0\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u5bfe\u30b4\u30fc\u30eb\u30c9\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u6bd4\u7387\u306e\u4f4e\u4e0b\u50be\u5411\u3092\u6307\u6458\u3057\u3001\u91d1\u306e28.3\u5146\u30c9\u30eb\u5e02\u5834\u3078\u306e\u6311\u6226\u53ef\u80fd\u6027\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/cointelegraph.com\/news\/jpmorgan-citi-bitcoin-q4-boom-btc-price-targets\" target=\"_blank\" rel=\"noreferrer noopener\">Cointelegraph<\/a><a href=\"https:\/\/finance.yahoo.com\/news\/jpmorgan-forecasts-bitcoin-bottom-anticipates-183113549.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a><\/p>\n\n\n\n<p><strong>\u30b7\u30c6\u30a3\u30b0\u30eb\u30fc\u30d7<\/strong>\u306f\u30b7\u30ca\u30ea\u30aa\u5225\u306b\u3001\u5f31\u6c17\u30b1\u30fc\u30b9<strong>7.85\u4e07\u30c9\u30eb<\/strong>\u3001\u57fa\u672c\u30b1\u30fc\u30b9<strong>14.3\u4e07\u30c9\u30eb<\/strong>\u3001\u5f37\u6c17\u30b1\u30fc\u30b9<strong>18.9\u4e07\u30c9\u30eb<\/strong>\u3068\u3044\u3046\u4e88\u6e2c\u3092\u63d0\u793a\u3002<strong>\u30d0\u30fc\u30f3\u30b9\u30bf\u30a4\u30f3<\/strong>\u30822026\u5e74\u672b\u3067<strong>15\u4e07\u30c9\u30eb<\/strong>\u30012027\u5e74\u672b\u306720\u4e07\u30c9\u30eb\u3092\u4e88\u60f3\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/coinmarketcap.com\/academy\/article\/bitcoin-2026-price-predictions-btc-price-250k-10k-next-year\" target=\"_blank\" rel=\"noreferrer noopener\">coinmarketcap<\/a><a href=\"https:\/\/www.financemagnates.com\/trending\/this-new-bitcoin-price-prediction-shows-btc-will-hit-only-150k-in-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\">Finance Magnates<\/a><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>\u6a5f\u95a2\u540d<\/th><th>2026\u5e74\u76ee\u6a19\u4fa1\u683c<\/th><th>\u30b7\u30ca\u30ea\u30aa<\/th><\/tr><\/thead><tbody><tr><td>JP\u30e2\u30eb\u30ac\u30f3<\/td><td>17\u4e07\u30c9\u30eb<\/td><td>\u57fa\u672c<\/td><\/tr><tr><td>\u30b9\u30bf\u30f3\u30c0\u30fc\u30c9\u30fb\u30c1\u30e3\u30fc\u30bf\u30fc\u30c9<\/td><td>15\u4e07\u30c9\u30eb\uff08\u6539\u5b9a\uff09<\/td><td>\u57fa\u672c<\/td><\/tr><tr><td>\u30d0\u30fc\u30f3\u30b9\u30bf\u30a4\u30f3<\/td><td>15\u4e07\u30c9\u30eb<\/td><td>\u57fa\u672c<\/td><\/tr><tr><td>\u30b7\u30c6\u30a3\u30b0\u30eb\u30fc\u30d7<\/td><td>14.3\u4e07\u30c9\u30eb<\/td><td>\u57fa\u672c<\/td><\/tr><tr><td>ARK Invest<\/td><td>\u30b4\u30eb\u30c7\u30a3\u30ed\u30c3\u30af\u30b9\u5e74<\/td><td>\u5f37\u6c17\u7dad\u6301<\/td><\/tr><tr><td>\u30b0\u30ec\u30fc\u30b9\u30b1\u30fc\u30eb<\/td><td>ATH\u66f4\u65b0\uff08H1\uff09<\/td><td>\u5f37\u6c17<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>\u8457\u540d\u306a\u6697\u53f7\u8cc7\u7523\u95a2\u4fc2\u8005\u3067\u306f\u3001\u30ab\u30eb\u30c0\u30ce\u5275\u8a2d\u8005\u30c1\u30e3\u30fc\u30eb\u30ba\u30fb\u30db\u30b9\u30ad\u30f3\u30bd\u30f3\u6c0f\u304c<strong>25\u4e07\u30c9\u30eb<\/strong>\u3001 <a href=\"https:\/\/finance.yahoo.com\/news\/bitcoin-2026-price-predictions-btc-100000369.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a>BitMEX\u5171\u540c\u5275\u8a2d\u8005\u30a2\u30fc\u30b5\u30fc\u30fb\u30d8\u30a4\u30ba\u6c0f\u304c2026\u5e743\u6708\u307e\u3067\u306b<strong>20\u4e07\u30c9\u30eb\u8d85<\/strong>\u3092\u4e88\u60f3\u3002 <a href=\"https:\/\/coinmarketcap.com\/academy\/article\/bitcoin-2026-price-predictions-btc-price-250k-10k-next-year\" target=\"_blank\" rel=\"noreferrer noopener\">coinmarketcap<\/a>\u4e00\u65b9\u3001\u30d6\u30eb\u30fc\u30e0\u30d0\u30fc\u30b0\u30fb\u30a4\u30f3\u30c6\u30ea\u30b8\u30a7\u30f3\u30b9\u306e\u30de\u30a4\u30af\u30fb\u30de\u30af\u30b0\u30ed\u30fc\u30f3\u6c0f\u306f\u5e73\u5747\u56de\u5e30\u30ea\u30b9\u30af\u3092\u8b66\u544a\u3057\u3001<strong>1\u301c5\u4e07\u30c9\u30eb<\/strong>\u3078\u306e\u4e0b\u843d\u53ef\u80fd\u6027\u3082\u6307\u6458\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/uk.finance.yahoo.com\/news\/bitcoin-price-crypto-2026-prediction-federal-reserve-060009860.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo!<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">2024\u5e74\u534a\u6e1b\u671f\u5f8c\u306e\u5f71\u97ff\u3068\u904e\u53bb\u30b5\u30a4\u30af\u30eb\u3068\u306e\u9055\u3044<\/h2>\n\n\n\n<p>2024\u5e744\u670820\u65e5\u306b\u5b9f\u65bd\u3055\u308c\u305f\u7b2c4\u56de\u534a\u6e1b\u671f\u3067\u306f\u3001\u30d6\u30ed\u30c3\u30af\u5831\u916c\u304c6.25BTC\u304b\u3089<strong>3.125BTC<\/strong>\u306b\u6e1b\u5c11\u3057\u305f\u3002 <a href=\"https:\/\/www.ark-invest.com\/articles\/analyst-research\/bitcoin-cycles-entering-2025\" target=\"_blank\" rel=\"noreferrer noopener\">Ark Invest<\/a><a href=\"https:\/\/finance.yahoo.com\/news\/ark-invest-cathie-wood-bitcoin-132031778.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a>\u6b74\u53f2\u7684\u306b\u534a\u6e1b\u671f\u5f8c12\u301c18\u30f6\u6708\u3067\u30b5\u30a4\u30af\u30eb\u30d4\u30fc\u30af\u3092\u8fce\u3048\u308b\u30d1\u30bf\u30fc\u30f3\u304c\u3042\u308a\u3001 <a href=\"https:\/\/coindcx.com\/blog\/bitcoin-halving-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">CoinDCX<\/a>2020\u5e74\u534a\u6e1b\u671f\u5f8c\u306f\u7d0418\u30f6\u6708\u3067<strong>541%\u4e0a\u6607<\/strong>\uff086.9\u4e07\u30c9\u30eb\u5230\u9054\uff09\u3092\u8a18\u9332\u3057\u305f\u3002<\/p>\n\n\n\n<p>\u3057\u304b\u3057\u4eca\u30b5\u30a4\u30af\u30eb\u306f\u7570\u306a\u308b\u69d8\u76f8\u3092\u5448\u3057\u3066\u3044\u308b\u3002\u534a\u6e1b\u671f\u304b\u30891\u5e74\u5f8c\u306e\u4e0a\u6607\u7387\u306f**\u7d0440%**\u306b\u3068\u3069\u307e\u308a\u3001 <a href=\"https:\/\/bitcoinmagazine.com\/markets\/in-less-than-3-years-bitcoin-price-will-change-forever\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Magazine<\/a>2016\u5e74\u30b5\u30a4\u30af\u30eb\u306e291%\u30012020\u5e74\u306e541%\u3092\u5927\u304d\u304f\u4e0b\u56de\u308b\u3002 <a href=\"https:\/\/research.kaiko.com\/insights\/bitcoins-halving-anniversary-this-time-was-different\" target=\"_blank\" rel=\"noreferrer noopener\">Kaiko<\/a>\u4e3b\u306a\u8981\u56e0\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3060\uff1a<\/p>\n\n\n\n<ul>\n<li><strong>\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u652f\u914d\u7684\u5b58\u5728<\/strong>\uff1a\u30b9\u30dd\u30c3\u30c8ETF\u627f\u8a8d\u306b\u3088\u308a500\u5104\u30c9\u30eb\u8d85\u306e\u8cc7\u91d1\u6d41\u5165<\/li>\n\n\n\n<li><strong>\u5e02\u5834\u898f\u6a21\u62e1\u5927\u306b\u3088\u308b\u53ce\u76ca\u9013\u6e1b<\/strong>\uff1a\u6642\u4fa1\u7dcf\u984d2.5\u5146\u30c9\u30eb\u8cc7\u7523\u3067\u306f\u30d1\u30fc\u30bb\u30f3\u30c6\u30fc\u30b8\u5229\u76ca\u304c\u7e2e\u5c0f <a href=\"https:\/\/beincrypto.com\/bitcoin-market-cycle-institutional-liquidity-outlook-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\">BeInCrypto<\/a><\/li>\n\n\n\n<li><strong>\u30dc\u30e9\u30c6\u30a3\u30ea\u30c6\u30a3\u4f4e\u4e0b<\/strong>\uff1a60\u65e5\u9593\u4fa1\u683c\u5909\u52d5\u7387\u304c2012\u5e74\u306e200%\u8d85\u304b\u30892024-25\u5e74\u306f\u7d0450%\u3078<\/li>\n\n\n\n<li><strong>\u30b5\u30a4\u30af\u30eb\u5ef6\u9577\u7406\u8ad6<\/strong>\uff1a\u5f93\u6765\u306e4\u5e74\u30b5\u30a4\u30af\u30eb\u304b\u3089\u300c\u6d41\u52d5\u6027\u4e3b\u5c0e\u306e5\u5e74\u30b5\u30a4\u30af\u30eb\u300d\u3078\u306e\u79fb\u884c <a href=\"https:\/\/beincrypto.com\/bitcoin-market-cycle-institutional-liquidity-outlook-2026\/\" target=\"_blank\" rel=\"noreferrer noopener\">BeInCrypto<\/a><\/li>\n<\/ul>\n\n\n\n<p>\u30b0\u30ec\u30fc\u30b9\u30b1\u30fc\u30eb\u306e\u30b6\u30c3\u30af\u30fb\u30d1\u30f3\u30c9\u30eb\u6c0f\u306f\u300c4\u5e74\u30b5\u30a4\u30af\u30eb\u306e\u7d42\u7109\u300d\u3092\u5ba3\u8a00\u3057\u3001 <a href=\"https:\/\/zycrypto.com\/grayscale-predicts-bitcoin-to-reach-new-peak-in-h1-2026-heres-why\/\" target=\"_blank\" rel=\"noreferrer noopener\">ZyCrypto<\/a>\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u5b89\u5b9a\u7684\u6d41\u5165\u304c\u30ea\u30c6\u30fc\u30eb\u6295\u8cc7\u5bb6\u306e\u6025\u9a30\u30fb\u6025\u843d\u30d1\u30bf\u30fc\u30f3\u3092\u7f6e\u304d\u63db\u3048\u3064\u3064\u3042\u308b <a href=\"https:\/\/finance.yahoo.com\/news\/ark-invest-cathie-wood-bitcoin-132031778.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a>\u3068\u5206\u6790\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/zycrypto.com\/grayscale-predicts-bitcoin-all-time-high-in-first-half-of-2026-as-institutional-era-begins\/\" target=\"_blank\" rel=\"noreferrer noopener\">ZyCrypto<\/a>2026\u5e743\u6708\u306b\u306f<strong>2000\u4e07\u679a\u76ee\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3<\/strong>\u304c\u63a1\u6398\u3055\u308c\u308b\u8c61\u5fb4\u7684\u30de\u30a4\u30eb\u30b9\u30c8\u30fc\u30f3\u3082\u63a7\u3048\u308b\u3002 <a href=\"https:\/\/research.grayscale.com\/reports\/2026-digital-asset-outlook-dawn-of-the-institutional-era\" target=\"_blank\" rel=\"noreferrer noopener\">Grayscale<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306e\u52d5\u5411\u304c\u30b2\u30fc\u30e0\u30c1\u30a7\u30f3\u30b8\u30e3\u30fc\u306b<\/h2>\n\n\n\n<p>2024\u5e741\u6708\u306e\u30b9\u30dd\u30c3\u30c8ETF\u627f\u8a8d\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u5e02\u5834\u306e\u69cb\u9020\u3092\u6839\u672c\u7684\u306b\u5909\u3048\u305f\u3002<strong>\u30d6\u30e9\u30c3\u30af\u30ed\u30c3\u30af\u306eiShares Bitcoin Trust\uff08IBIT\uff09\u306f\u5358\u72ec\u3067\u7d0480\u4e07BTC<\/strong>\uff08\u7dcf\u4f9b\u7d66\u91cf\u306e\u7d043.8%\uff09\u3092\u4fdd\u6709\u3057\u3001AUM\u306f\u7d041000\u5104\u30c9\u30eb\u306b\u9054\u3059\u308b\u53f2\u4e0a\u6700\u901f\u6210\u9577\u306eETF\u3068\u306a\u3063\u305f\u3002 <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-reclaims-122000-as-blackrock-bitcoin-etf-surpasses-800000-btc-aum\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Magazine<\/a><\/p>\n\n\n\n<p>\u7c73\u56fd\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3ETF\u5168\u4f53\u306eAUM\u306f<strong>1380\u301c1910\u5104\u30c9\u30eb<\/strong>\u30012025\u5e74\u306e\u7d14\u6d41\u5165\u984d\u306f<strong>310\u5104\u30c9\u30eb<\/strong>\u3092\u8a18\u9332\u3002 <a href=\"https:\/\/www.theblock.co\/post\/382743\/2026-institutional-crypto-outlook\" target=\"_blank\" rel=\"noreferrer noopener\">The Block<\/a>\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f13F\u30d5\u30a1\u30a4\u30ea\u30f3\u30b0\u30d9\u30fc\u30b9\u3067<strong>ETF\u8cc7\u7523\u306e24.5%\u3092\u4fdd\u6709\u3057\u3001 <a href=\"https:\/\/www.ainvest.com\/news\/impact-sec-stance-spot-bitcoin-etfs-2512\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ainvest<\/a>\u30cf\u30fc\u30d0\u30fc\u30c9\u5927\u5b66\u57fa\u91d1\u306f\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u914d\u5206\u3092257%\u5897\u52a0<\/strong>\u3055\u305b\u305f\u3002 <a href=\"https:\/\/coinshares.com\/us\/insights\/research-data\/13f-filings-of-bitcoin-etfs-q3-2025-institutional-report\/\" target=\"_blank\" rel=\"noreferrer noopener\">CoinShares<\/a><\/p>\n\n\n\n<p>\u4f01\u696d\u4fdd\u6709\u3082\u6025\u62e1\u5927\u3057\u3066\u3044\u308b\u3002<strong>\u30b9\u30c8\u30e9\u30c6\u30b8\u30fc\uff08\u65e7\u30de\u30a4\u30af\u30ed\u30b9\u30c8\u30e9\u30c6\u30b8\u30fc\uff09\u306f672,497BTC<\/strong>\uff08\u53d6\u5f97\u7dcf\u984d504.4\u5104\u30c9\u30eb\u3001\u5e73\u5747\u5358\u4fa174,997\u30c9\u30eb\uff09\u3092\u4fdd\u6709\u3057\u3001 <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/12\/29\/strategy-reloads-on-bitcoin-acquires-a-further-1-229-btc-for-usd109-million\" target=\"_blank\" rel=\"noreferrer noopener\">CoinDesk<\/a>\u7dcf\u4f9b\u7d66\u91cf\u306e\u7d043.2%\u3092\u5360\u3081\u308b\u3002 <a href=\"https:\/\/beincrypto.com\/microstrategy-collapse-crypto-black-swan-2026-risk-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">BeInCrypto<\/a>\u30c6\u30b9\u30e9\u306f11,509BTC\u3001 <a href=\"https:\/\/www.coingecko.com\/en\/treasuries\/companies\/tesla\" target=\"_blank\" rel=\"noreferrer noopener\">CoinGecko<\/a>\u30d6\u30ed\u30c3\u30af\uff08\u65e7\u30b9\u30af\u30a8\u30a2\uff09\u306f\u7d048,692BTC\u3092\u7d99\u7d9a\u4fdd\u6709\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/www.theblock.co\/treasuries\/xyz\" target=\"_blank\" rel=\"noreferrer noopener\">The Block<\/a><\/p>\n\n\n\n<p>\u653f\u5e9c\u30ec\u30d9\u30eb\u3067\u306f\u3001<strong>\u7c73\u56fd\u6226\u7565\u7684\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u6e96\u5099\u91d1<\/strong>\u304c2025\u5e743\u6708\u306e\u5927\u7d71\u9818\u4ee4\u306b\u3088\u308a\u8a2d\u7acb\u3055\u308c\u3001\u62bc\u53ce\u8cc7\u7523\u7531\u6765\u306e\u7d04<strong>19.8\u4e07BTC<\/strong>\u3092\u300c\u30c7\u30b8\u30bf\u30eb\u30d5\u30a9\u30fc\u30c8\u30ce\u30c3\u30af\u30b9\u300d\u3068\u3057\u3066\u4fdd\u6709\u3002 <a href=\"https:\/\/finance.yahoo.com\/news\/donald-trumps-2025-crypto-playbook-013044085.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a>\u30a8\u30eb\u30b5\u30eb\u30d0\u30c9\u30eb\u306fIMF\u5727\u529b\u306b\u3082\u304b\u304b\u308f\u3089\u305a\u7d047,500BTC\u306e\u8cfc\u5165\u3092\u7d99\u7d9a\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u9280\u884c\u30bb\u30af\u30bf\u30fc\u3082\u672c\u683c\u53c2\u5165\u3092\u958b\u59cb\u3057\u305f\u3002\u30e2\u30eb\u30ac\u30f3\u30fb\u30b9\u30bf\u30f3\u30ec\u30fc\u306f2026\u5e74\u4e0a\u534a\u671f\u306bE*Trade\u3067\u306e\u30b9\u30dd\u30c3\u30c8\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u53d6\u5f15\u3092\u8a08\u753b\u3001 <a href=\"https:\/\/www.cnbc.com\/2025\/09\/23\/morgan-stanley-crypto-trading-e-trade-next-year.html\" target=\"_blank\" rel=\"noreferrer noopener\">CNBC<\/a>\u30c1\u30e3\u30fc\u30eb\u30ba\u30fb\u30b7\u30e5\u30ef\u30d6\u3082\u540c\u6642\u671f\u306e\u53d6\u5f15\u958b\u59cb\u3092\u76ee\u6307\u3059\u3002 <a href=\"https:\/\/cryptoslate.com\/bitcoin-data-proves-60-of-top-us-banks-are-quietly-activating-a-strategy-they-publicly-denied-for-years\/\" target=\"_blank\" rel=\"noreferrer noopener\">CryptoSlate<\/a>\u30de\u30a4\u30b1\u30eb\u30fb\u30bb\u30a4\u30e9\u30fc\u6c0f\u306b\u3088\u308c\u3070\u3001<strong>\u7c73\u56fd\u30c8\u30c3\u30d710\u9280\u884c\u306e\u3046\u30618\u884c<\/strong>\u304c\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u62c5\u4fdd\u30ed\u30fc\u30f3\u306e\u6e96\u5099\u307e\u305f\u306f\u767a\u884c\u3092\u9032\u3081\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u898f\u5236\u74b0\u5883\u306e\u5287\u7684\u8ee2\u63db\u3068\u4e3b\u8981\u56fd\u52d5\u5411<\/h2>\n\n\n\n<p>\u30c8\u30e9\u30f3\u30d7\u653f\u6a29\u4e0b\u3067\u7c73\u56fd\u306e\u6697\u53f7\u8cc7\u7523\u898f\u5236\u306f\u300c\u5236\u9650\u300d\u304b\u3089\u300c\u7d71\u5408\u300d\u3078\u3068\u6839\u672c\u7684\u306b\u8ee2\u63db\u3057\u305f\u3002 <a href=\"https:\/\/coinpedia.org\/news\/u-s-crypto-policy-takes-a-historic-turn-under-trump-administration\/\" target=\"_blank\" rel=\"noreferrer noopener\">CoinPedia<\/a><\/p>\n\n\n\n<p><strong>\u7c73\u56fd<\/strong>\u3067\u306f2025\u5e747\u6708\u306b<strong>GENIUS\u6cd5<\/strong>\uff08\u521d\u306e\u9023\u90a6\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u898f\u5236\u6cd5\uff09\u304c\u6210\u7acb\u3057\u3001 <a href=\"https:\/\/research.grayscale.com\/reports\/2026-digital-asset-outlook-dawn-of-the-institutional-era\" target=\"_blank\" rel=\"noreferrer noopener\">Grayscale<\/a><a href=\"https:\/\/www.whitehouse.gov\/fact-sheets\/2025\/07\/fact-sheet-president-donald-j-trump-signs-genius-act-into-law\/\" target=\"_blank\" rel=\"noreferrer noopener\">The White House<\/a>SEC\u306f\u300c\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u30fb\u30af\u30ea\u30d7\u30c8\u300d\u3092\u7acb\u3061\u4e0a\u3052\u3066\u8a3c\u5238\u6cd5\u306e\u629c\u672c\u7684\u898b\u76f4\u3057\u306b\u7740\u624b\u3002 <a href=\"https:\/\/www.chainalysis.com\/blog\/2025-crypto-regulatory-round-up\/\" target=\"_blank\" rel=\"noreferrer noopener\">Chainalysis<\/a>CFTC \u306f2025\u5e7412\u6708\u306b<strong>\u30c7\u30b8\u30bf\u30eb\u8cc7\u7523\u30d1\u30a4\u30ed\u30c3\u30c8\u30d7\u30ed\u30b0\u30e9\u30e0<\/strong>\u3092\u958b\u59cb\u3057\u3001BTC\u30fbETH\u30fbUSDC\u3092\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u53d6\u5f15\u306e\u8a3c\u62e0\u91d1\u62c5\u4fdd\u3068\u3057\u3066\u8a8d\u3081\u305f\u3002 <a href=\"https:\/\/www.lw.com\/en\/us-crypto-policy-tracker\/regulatory-developments\" target=\"_blank\" rel=\"noreferrer noopener\">Latham &amp; Watkins<\/a>SEC\u3068CFTC\u306f\u5171\u540c\u58f0\u660e\u3067\u898f\u5236\u8abf\u548c\u3092\u5ba3\u8a00\u3057\u3001\u6697\u53f7\u8cc7\u7523\u306e\u898f\u5236\u7ba1\u8f44\u3092\u660e\u78ba\u5316\u3059\u308b\u300c\u30af\u30e9\u30ea\u30c6\u30a3\u6cd5\u6848\u300d\u304c\u4e0a\u9662\u5be9\u8b70\u4e2d\u3060\u3002 <a href=\"https:\/\/qz.com\/2026-crypto-predictions-bitcoin-stablecoins-clarity-etfs\" target=\"_blank\" rel=\"noreferrer noopener\">Quartz<\/a><\/p>\n\n\n\n<p><strong>EU<\/strong>\u3067\u306f<strong>MiCA\u898f\u5236<\/strong>\u304c2024\u5e7412\u670830\u65e5\u306b\u5168\u9762\u65bd\u884c\u3055\u308c\u3001\u6697\u53f7\u8cc7\u7523\u30b5\u30fc\u30d3\u30b9\u4e8b\u696d\u8005\uff08CASP\uff09\u306f27\u52a0\u76df\u56fd\u3067\u306e\u30d1\u30b9\u30dd\u30fc\u30c8\u6a29\u3092\u5f97\u305f\u3002 <a href=\"https:\/\/en.wikipedia.org\/wiki\/Markets_in_Crypto-Assets\" target=\"_blank\" rel=\"noreferrer noopener\">Wikipedia<\/a>\u79fb\u884c\u671f\u9593\u306f2026\u5e747\u67081\u65e5\u307e\u3067\u7d99\u7d9a\u3059\u308b\u3002 <a href=\"https:\/\/www.nortonrosefulbright.com\/en\/knowledge\/publications\/2cec201e\/regulating-crypto-assets-in-europe-practical-guide-to-mica\" target=\"_blank\" rel=\"noreferrer noopener\">Norton Rose Fulbright<\/a><\/p>\n\n\n\n<p><strong>\u65e5\u672c<\/strong>\u306e\u91d1\u878d\u5e81\u306f2025\u5e749\u6708\u306b<strong>\u753b\u671f\u7684\u306a\u898f\u5236\u8ee2\u63db<\/strong>\u3092\u767a\u8868\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u542b\u3080105\u306e\u627f\u8a8d\u6697\u53f7\u8cc7\u7523\u3092\u8cc7\u91d1\u6c7a\u6e08\u6cd5\u304b\u3089\u91d1\u878d\u5546\u54c1\u53d6\u5f15\u6cd5\u3078\u79fb\u884c\u3057\u3001\u300c\u91d1\u878d\u5546\u54c1\u300d\u3068\u3057\u3066\u518d\u5206\u985e\u3059\u308b\u65b9\u91dd\u3060\u3002\u7a0e\u5236\u6539\u9769\u3067\u306f\u6697\u53f7\u8cc7\u7523\u6240\u5f97\u7a0e\u3092\u6700\u592755%\u304b\u3089\u682a\u5f0f\u4e26\u307f\u306e**\u4e00\u5f8b20%**\u3078\u306e\u5f15\u304d\u4e0b\u3052\u3092\u63d0\u6848\u30012026\u5e74\u306b\u78ba\u5b9a\u4e88\u5b9a\u3067\u3042\u308b\u3002<\/p>\n\n\n\n<p><strong>\u9999\u6e2f<\/strong>\u306f2025\u5e74\u306b\u300c\u4e16\u754c\u3067\u6700\u3082\u6697\u53f7\u8cc7\u7523\u5bfe\u5fdc\u6e96\u5099\u304c\u6574\u3063\u305f\u5730\u57df\u300d\u3068\u8a55\u4fa1\u3055\u308c\u3001 <a href=\"https:\/\/sumsub.com\/blog\/hong-kongs-new-crypto-exchange-licensing-regime\/\" target=\"_blank\" rel=\"noreferrer noopener\">Sumsub<\/a>8\u6708\u306b\u65bd\u884c\u3055\u308c\u305f<strong>\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u6761\u4f8b<\/strong>\u3084\u300cASPIRe\u300d\u30ed\u30fc\u30c9\u30de\u30c3\u30d7\u3067\u6a5f\u95a2\u6295\u8cc7\u5bb6\u5411\u3051\u30a4\u30f3\u30d5\u30e9\u3092\u6574\u5099\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30de\u30af\u30ed\u7d4c\u6e08\u8981\u56e0\u3068\u91d1\u5229\u30fb\u30a4\u30f3\u30d5\u30ec\u306e\u5f71\u97ff<\/h2>\n\n\n\n<p>FRB\u306f2025\u5e74\u306b\u5408\u8a08<strong>1.75%\u306e\u5229\u4e0b\u3052<\/strong>\uff083\u56de\uff09\u3092\u5b9f\u65bd\u3057\u3001\u30d5\u30a7\u30c7\u30e9\u30eb\u30d5\u30a1\u30f3\u30c9\u91d1\u5229\u306f3.50\u301c3.75%\u3068\u306a\u3063\u305f\u3002 <a href=\"https:\/\/www.usbank.com\/investing\/financial-perspectives\/market-news\/federal-reserve-interest-rate.html\" target=\"_blank\" rel=\"noreferrer noopener\">U.S. Bank<\/a>\u3057\u304b\u30572026\u5e74\u306e\u898b\u901a\u3057\u306f\u614e\u91cd\u3067\u3001FRB\u30c9\u30c3\u30c8\u30d7\u30ed\u30c3\u30c8\u4e2d\u592e\u5024\u306f<strong>1\u56de\u306e\u307f\u306e\u5229\u4e0b\u3052<\/strong>\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/www.jmco.com\/articles\/manufacturing\/federal-reserve-cuts-main-rate-to-3-5-3-75-range-signals-cautious-2026-outlook\/\" target=\"_blank\" rel=\"noreferrer noopener\">James Moore<\/a>\u5e02\u5834\u306f2\u56de\u306e\u5229\u4e0b\u3052\uff083.0\u301c3.25%\u5230\u9054\uff09\u3092\u7e54\u308a\u8fbc\u3080 <a href=\"https:\/\/finance.yahoo.com\/news\/big-changes-coming-federal-2026-110000843.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a>\u304c\u3001\u30e0\u30fc\u30c7\u30a3\u30fc\u30ba\u306e\u30de\u30fc\u30af\u30fb\u30b6\u30f3\u30c7\u30a3\u6c0f\u306f\u52b4\u50cd\u5e02\u5834\u5f31\u4f53\u5316\u3092\u7406\u7531\u306b2026\u5e74\u4e0a\u534a\u671f\u306b3\u56de\u306e\u5229\u4e0b\u3052\u3092\u4e88\u60f3\u3059\u308b\u3002 <a href=\"https:\/\/www.cnbc.com\/2025\/12\/31\/economist-mark-zandi-sees-the-fed-surprising-with-three-rate-cuts-in-first-half-of-2026-.html\" target=\"_blank\" rel=\"noreferrer noopener\">CNBC<\/a><\/p>\n\n\n\n<p>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u306e\u4efb\u671f\u306f2026\u5e745\u6708\u306b\u6e80\u4e86\u3057\u3001\u30c8\u30e9\u30f3\u30d7\u5927\u7d71\u9818\u306e\u65b0\u8b70\u9577\u6307\u540d\u304c\u4e88\u5b9a\u3055\u308c\u308b\u3002 <a href=\"https:\/\/finance.yahoo.com\/news\/big-changes-coming-federal-2026-110000843.html\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo Finance<\/a>FRB\u306e\u72ec\u7acb\u6027\u3078\u306e\u653f\u6cbb\u7684\u5727\u529b\u304c\u300c\u7740\u5b9f\u306b\u4fb5\u98df\u3055\u308c\u3066\u3044\u308b\u300d\u3068\u306e\u6307\u6458\u3082\u3042\u308a\u3001 <a href=\"https:\/\/www.cnbc.com\/2025\/12\/31\/economist-mark-zandi-sees-the-fed-surprising-with-three-rate-cuts-in-first-half-of-2026-.html\" target=\"_blank\" rel=\"noreferrer noopener\">CNBC<\/a>\u91d1\u878d\u653f\u7b56\u306e\u4e0d\u78ba\u5b9f\u6027\u306f\u9ad8\u3044\u3002<\/p>\n\n\n\n<p>\u30a4\u30f3\u30d5\u30ec\u306f\u4f9d\u7136\u3068\u3057\u30662%\u76ee\u6a19\u3092\u4e0a\u56de\u308b\u7d042.7%\u3067\u63a8\u79fb\u3002\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e\u30a4\u30f3\u30d5\u30ec\u30d8\u30c3\u30b8\u3068\u3057\u3066\u306e\u6709\u52b9\u6027\u306b\u3064\u3044\u3066\u306f\u3001\u300c<strong>2\u5e74\u4ee5\u4e0a\u306e\u9577\u671f\u4fdd\u6709\u3067\u306f\u6a5f\u80fd\u3059\u308b\u304c\u3001\u77ed\u671f\u3067\u306f\u4fe1\u983c\u6027\u304c\u4f4e\u3044<\/strong>\u300d\u3068\u3044\u3046\u5b66\u8853\u7684\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u304c\u5f62\u6210\u3055\u308c\u3064\u3064\u3042\u308b\u3002\u7279\u306bVIX\u304c\u9ad8\u3044\u91d1\u878d\u4e0d\u5b89\u6642\u306b\u306f\u30b4\u30fc\u30eb\u30c9\u3068\u7570\u306a\u308a\u4e0b\u843d\u3059\u308b\u50be\u5411\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p>\u30c9\u30eb\u76f8\u5834\u306f\u6b74\u53f2\u7684\u9ad8\u6c34\u6e96\u306b\u3042\u308b\u304c\u3001IMF\u30c7\u30fc\u30bf\u306b\u3088\u308b\u3068\u30c9\u30eb\u306e\u5916\u8ca8\u6e96\u5099\u6bd4\u7387\u306f**57.8%**\u3068\u904e\u53bb\u6700\u4f4e\u3092\u8a18\u9332\u3002\u4e2d\u592e\u9280\u884c\u306e73%\u304c\u4eca\u5f8c5\u5e74\u3067\u30c9\u30eb\u6bd4\u7387\u4f4e\u4e0b\u3092\u4e88\u60f3\u3057\u3001BRICS\u8af8\u56fd\u306e\u300c\u8131\u30c9\u30eb\u5316\u300d\u63a8\u9032\u3082\u52a0\u901f\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u30c7\u30fc\u30bf\u304c\u793a\u3059\u5e02\u5834\u69cb\u9020\u306e\u5909\u5316<\/h2>\n\n\n\n<p>\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u6307\u6a19\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u304c\u300c\u81e8\u754c\u7684\u8ee2\u63db\u70b9\u300d\u306b\u3042\u308b\u3053\u3068\u3092\u793a\u5506\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p><strong>\u5b9f\u73fe\u6642\u4fa1\u7dcf\u984d<\/strong>\u306f2025\u5e7412\u6708\u306b<strong>1.125\u5146\u30c9\u30eb<\/strong>\u306e\u904e\u53bb\u6700\u9ad8\u3092\u8a18\u9332\u3057\u3001\u8cc7\u672c\u6d41\u5165\u306e\u7d99\u7d9a\u3092\u793a\u3059\u3002** <a href=\"https:\/\/www.ainvest.com\/news\/bitcoin-critical-resistance-support-levels-early-2026-technical-structural-deep-dive-2512\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ainvest<\/a>MVRV\u6bd4\u7387<strong>\u306f\u7d041.8\u3067\u3001\u6b74\u53f2\u7684\u306b\u30b5\u30a4\u30af\u30eb\u30c8\u30c3\u30d7\u3067\u306f\u306a\u304f\u56de\u5fa9\u30d5\u30a7\u30fc\u30ba\u306b\u95a2\u9023\u3059\u308b\u6c34\u6e96\u3060\u3002<\/strong> <a href=\"https:\/\/www.ainvest.com\/news\/bitcoin-long-term-holder-dynamics-critical-inflection-point-2026-2601\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ainvest<\/a>MVRV Z\u30b9\u30b3\u30a2**\u306f2017\u5e74\u30682021\u5e74\u306e\u30ed\u30fc\u30ab\u30eb\u30dc\u30c8\u30e0\u3092\u793a\u3057\u305f\u6c34\u6e96\uff08\u7d041.43\uff09\u306b\u3042\u308b\u3002 <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-indicators-predict-q3-2025\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Magazine<\/a><\/p>\n\n\n\n<p>\u9577\u671f\u4fdd\u6709\u8005\uff08155\u65e5\u4ee5\u4e0a\u4fdd\u6709\uff09\u306e\u884c\u52d5\u306f\u7279\u5fb4\u7684\u3060\u30022025\u5e7410\u6708\u306b\u306f<strong>100\u4e07BTC\u4ee5\u4e0a<\/strong>\u304c\u58f2\u5374\u3055\u308c2019\u5e74\u4ee5\u6765\u6700\u5927\u306e\u5206\u914d\u3068\u306a\u3063\u305f\u304c\u300112\u6708\u306b\u306f\u4e00\u8ee2\u3057\u3066<strong>\u7d14\u84c4\u7a4d\u306b\u8ee2\u63db<\/strong>\u3057\u3001\u7d0433,000BTC\u3092\u8ffd\u52a0\u3057\u305f\u3002\u300c <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/12\/30\/long-term-holders-turn-net-accumulators-easing-a-major-bitcoin-headwind\" target=\"_blank\" rel=\"noreferrer noopener\">CoinDesk<\/a>\u30c0\u30a4\u30e4\u30e2\u30f3\u30c9\u30cf\u30f3\u30c9\u300d\u5c64\uff085\u5e74\u4ee5\u4e0a\u4fdd\u6709\u8005\uff09\u306f\u5805\u6301\u59ff\u52e2\u3092\u7dad\u6301\u3057\u3066\u3044\u308b\u3002<\/p>\n\n\n\n<p>\u53d6\u5f15\u6240\u6e96\u5099\u91d1\u306f<strong>275.1\u4e07BTC<\/strong>\u307e\u3067\u6e1b\u5c11\u3057\u3001OTC\u6b8b\u9ad8\u306f2025\u5e741\u6708\u304b\u308921%\u6e1b\u306e\u904e\u53bb\u6700\u4f4e\uff08\u7d0415.5\u4e07BTC\uff09\u3002 <a href=\"https:\/\/www.benzinga.com\/Opinion\/25\/12\/49446799\/are-long-term-bitcoin-holders-accumulating-or-distributing\" target=\"_blank\" rel=\"noreferrer noopener\">Benzinga<\/a>\u3053\u308c\u306f\u4f9b\u7d66\u903c\u8feb\u306e\u7d99\u7d9a\u3092\u793a\u5506\u3059\u308b\u3002<\/p>\n\n\n\n<p>\u30cf\u30c3\u30b7\u30e5\u30ec\u30fc\u30c8\u306f2025\u5e7410\u6708\u306b<strong>1,151.6 TH\/s<\/strong>\u306e\u904e\u53bb\u6700\u9ad8\u3092\u8a18\u9332\u5f8c\u3001\u73fe\u5728\u306f\u7d041,070 TH\/s\u3067\u63a8\u79fb\u3002 <a href=\"https:\/\/bitcoinist.com\/bitcoin-mining-difficulty-rose-35-in-2025-data\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoinist<\/a>\u30de\u30a4\u30cb\u30f3\u30b0\u96e3\u6613\u5ea6\u306f\u5e74\u959335%\u4e0a\u6607\u3057\u3001 <a href=\"https:\/\/bitcoinethereumnews.com\/bitcoin\/bitcoin-mining-difficulty-hits-148-2t-in-final-2025-adjustment\/\" target=\"_blank\" rel=\"noreferrer noopener\">BitcoinEthereumNews.com<\/a>\u4e0a\u4f4d10\u30de\u30a4\u30ca\u30fc\u306e\u30aa\u30fc\u30eb\u30a4\u30f3\u30ad\u30e3\u30c3\u30b7\u30e5\u30b3\u30b9\u30c8\u306f\u534a\u6e1b\u671f\u5f8c<strong>\u7d0445,000\u30c9\u30eb\/BTC<\/strong>\u3068\u306a\u3063\u3066\u3044\u308b\u3002 <a href=\"https:\/\/www.bitcoinmagazinepro.com\/blog\/examining-the-2024-bitcoin-halving-effect-on-price-movements\/\" target=\"_blank\" rel=\"noreferrer noopener\">Bitcoin Magazine Pro<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5f37\u6c17\u30fb\u5f31\u6c17\u30b7\u30ca\u30ea\u30aa\u5225\u306e\u4fa1\u683c\u30ec\u30f3\u30b8\u4e88\u6e2c<\/h2>\n\n\n\n<p>2026\u5e74\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u4fa1\u683c\u306f\u3001\u4ee5\u4e0b\u306e\u30b7\u30ca\u30ea\u30aa\u306b\u5fdc\u3058\u3066\u5927\u304d\u304f\u7570\u306a\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3002<\/p>\n\n\n\n<p>**\u5f37\u6c17\u30b7\u30ca\u30ea\u30aa\uff0818\u4e07\u301c25\u4e07\u30c9\u30eb\uff09**\u306e\u6761\u4ef6\uff1a<\/p>\n\n\n\n<ul>\n<li>FRB\u306e\u7a4d\u6975\u7684\u5229\u4e0b\u3052\u3068\u30b0\u30ed\u30fc\u30d0\u30eb\u6d41\u52d5\u6027\u62e1\u5927 <a href=\"https:\/\/www.cryptotimes.io\/2026\/01\/03\/grayscale-flags-2026-as-cryptos-institutional-inflection\/\" target=\"_blank\" rel=\"noreferrer noopener\">Crypto Times<\/a><\/li>\n\n\n\n<li>ETF\u6d41\u5165\u304c2024\u5e74\u30da\u30fc\u30b9\uff08500\u5104\u30c9\u30eb\u8d85\uff09\u3092\u7dad\u6301<\/li>\n\n\n\n<li>\u9577\u671f\u4fdd\u6709\u8005\u306e\u84c4\u7a4d\u30d5\u30a7\u30fc\u30ba\u7d99\u7d9a<\/li>\n\n\n\n<li>\u30b4\u30fc\u30eb\u30c9\u5e02\u5834\u30b7\u30a7\u30a2\u306e\u8ffd\u52a0\u7372\u5f97<\/li>\n<\/ul>\n\n\n\n<p>**\u57fa\u672c\u30b7\u30ca\u30ea\u30aa\uff0810\u4e07\u301c15\u4e07\u30c9\u30eb\uff09**\u306e\u60f3\u5b9a\uff1a<\/p>\n\n\n\n<ul>\n<li>2026\u5e74\u4e0a\u534a\u671f\u306e\u8abf\u6574\u5f8c\u3001\u4e0b\u534a\u671f\u306b\u65b0\u9ad8\u5024\u66f4\u65b0 <a href=\"https:\/\/zycrypto.com\/grayscale-predicts-bitcoin-all-time-high-in-first-half-of-2026-as-institutional-era-begins\/\" target=\"_blank\" rel=\"noreferrer noopener\">ZyCrypto<\/a><\/li>\n\n\n\n<li>\u6df7\u5408\u7684\u30de\u30af\u30ed\u74b0\u5883\u4e0b\u3067\u306e\u5b89\u5b9a\u7684\u6a5f\u95a2\u63a1\u7528<\/li>\n\n\n\n<li>\u9700\u7d66\u5747\u8861\u306e\u7dad\u6301<\/li>\n<\/ul>\n\n\n\n<p>**\u5f31\u6c17\u30b7\u30ca\u30ea\u30aa\uff084.5\u4e07\u301c8\u4e07\u30c9\u30eb\uff09**\u306e\u30ea\u30b9\u30af\u8981\u56e0\uff1a <a href=\"https:\/\/coinmarketcap.com\/academy\/article\/bitcoin-2026-price-predictions-btc-price-250k-10k-next-year\" target=\"_blank\" rel=\"noreferrer noopener\">coinmarketcap<\/a><\/p>\n\n\n\n<ul>\n<li>\u666f\u6c17\u5f8c\u9000\u307e\u305f\u306f\u30cf\u30fc\u30c9\u30e9\u30f3\u30c7\u30a3\u30f3\u30b0<\/li>\n\n\n\n<li>\u653f\u7b56\u30df\u30b9\u307e\u305f\u306f\u898f\u5236\u5f37\u5316<\/li>\n\n\n\n<li>ETF\u304b\u3089\u306e\u5927\u898f\u6a21\u8cc7\u91d1\u6d41\u51fa<\/li>\n\n\n\n<li>\u4e3b\u8981\u30b5\u30dd\u30fc\u30c8\u30e9\u30a4\u30f3\uff088.5\u4e07\u30c9\u30eb\u30017.4\u4e07\u30c9\u30eb\uff09\u306e\u6c7a\u58ca<\/li>\n<\/ul>\n\n\n\n<p>\u30c6\u30af\u30cb\u30ab\u30eb\u7684\u306b\u306f\u3001<strong>8.8\u4e07\u301c9\u4e07\u30c9\u30eb<\/strong>\u304c\u4e3b\u8981\u30b5\u30dd\u30fc\u30c8\u30be\u30fc\u30f3\u3001<strong>9.9\u4e07\u301c10.2\u4e07\u30c9\u30eb<\/strong>\u304c\u5fc3\u7406\u7684\u30ec\u30b8\u30b9\u30bf\u30f3\u30b9\u3068\u3057\u3066\u6a5f\u80fd\u3057\u3066\u3044\u308b\u3002 <a href=\"https:\/\/www.investing.com\/analysis\/2-critical-levels-poised-to-shape-bitcoins-early2026-trend-200672607\" target=\"_blank\" rel=\"noreferrer noopener\">Investing.com<\/a>\u30d5\u30a3\u30dc\u30ca\u30c3\u30c1\u62e1\u5f35\u306b\u57fa\u3065\u304f\u76ee\u6a19\u306f\u30011.618\u500d\u306710.2\u4e07\u30c9\u30eb\u30012.618\u500d\u306714.55\u4e07\u30c9\u30eb\u3068\u306a\u308b\u3002 <a href=\"https:\/\/www.ainvest.com\/news\/bitcoin-critical-resistance-support-levels-early-2026-technical-structural-deep-dive-2512\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ainvest<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u7d50\u8ad6\uff1a\u65b0\u305f\u306a\u6295\u8cc7\u30d1\u30e9\u30c0\u30a4\u30e0\u306e\u5230\u6765<\/h2>\n\n\n\n<p>2026\u5e74\u306e\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306f\u3001\u5f93\u6765\u306e\u534a\u6e1b\u671f\u30b5\u30a4\u30af\u30eb\u304b\u3089\u300c\u6a5f\u95a2\u6295\u8cc7\u5bb6\u4e3b\u5c0e\u306e\u69cb\u9020\u7684\u6210\u9577\u300d\u3078\u3068\u30d1\u30e9\u30c0\u30a4\u30e0\u30b7\u30d5\u30c8\u3059\u308b\u8ee2\u63db\u70b9\u306b\u3042\u308b\u3002 <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/12\/17\/grayscale-outlines-top-crypto-investing-themes-for-2026-amid-growing-institutional-adoption\" target=\"_blank\" rel=\"noreferrer noopener\">CoinDesk<\/a>ETF\u3092\u901a\u3058\u305f\u6a5f\u95a2\u30de\u30cd\u30fc\u306e\u6d41\u5165\u3001\u4f01\u696d\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\u306e\u63a1\u7528\u3001\u653f\u5e9c\u6e96\u5099\u91d1\u306e\u8a2d\u7acb\u306f\u3001\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u3092\u300c\u6295\u6a5f\u8cc7\u7523\u300d\u304b\u3089\u300c\u30de\u30af\u30ed\u611f\u5fdc\u578b\u30fb\u4f9b\u7d66\u5236\u7d04\u8cc7\u7523\u300d\u3078\u3068\u5909\u5bb9\u3055\u305b\u305f\u3002<\/p>\n\n\n\n<p>\u4e3b\u8981\u91d1\u878d\u6a5f\u95a2\u306e\u4e88\u6e2c\u304c<strong>15\u4e07\u301c17\u4e07\u30c9\u30eb<\/strong>\u306b\u53ce\u6582\u3057\u3066\u3044\u308b\u3053\u3068\u306f\u3001\u5e02\u5834\u306e\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u5f62\u6210\u3092\u793a\u3059\u3002\u305f\u3060\u3057\u3001Galaxy Digital\u304c\u6307\u6458\u3059\u308b\u3088\u3046\u306b2026\u5e74\u306f\u300c5\u4e07\u30c9\u30eb\u304b\u308925\u4e07\u30c9\u30eb\u306e\u7b49\u78ba\u7387\u300d\u3068\u3044\u3046\u9ad8\u3044\u4e0d\u78ba\u5b9f\u6027\u3082\u6b8b\u308b\u3002 <a href=\"https:\/\/coinpedia.org\/news\/galaxy-digital-admits-bitcoin-2026-is-too-chaotic-as-price-targets-split-widely\/\" target=\"_blank\" rel=\"noreferrer noopener\">CoinPedia<\/a><\/p>\n\n\n\n<p>\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u306e\u91cd\u8981\u306a\u76e3\u8996\u30dd\u30a4\u30f3\u30c8\u306f\u3001\u2460ETF\u6d41\u5165\u306e\u6301\u7d9a\u6027\u3001\u2461FRB\u653f\u7b56\u306e\u8ee2\u63db\u6642\u671f\u3001\u246210\u4e07\u30c9\u30eb\u7a81\u7834\u5f8c\u306e\u4fa1\u683c\u52d5\u5411\u3001\u2463\u9577\u671f\u4fdd\u6709\u8005\u306e\u84c4\u7a4d\u7d99\u7d9a\u3001\u3067\u3042\u308b\u30022026\u5e743\u6708\u306e2000\u4e07\u679a\u76ee\u63a1\u6398\u3001 <a href=\"https:\/\/research.grayscale.com\/reports\/2026-digital-asset-outlook-dawn-of-the-institutional-era\" target=\"_blank\" rel=\"noreferrer noopener\">Grayscale<\/a>\u30d1\u30a6\u30a8\u30eb\u8b70\u9577\u4efb\u671f\u6e80\u4e86\uff085\u6708\uff09\u3001GENIUS\u6cd5\u306b\u57fa\u3065\u304f\u898f\u5236\u6574\u5099\u3001\u30e2\u30eb\u30ac\u30f3\u30fb\u30b9\u30bf\u30f3\u30ec\u30fc\u7b49\u306e\u53d6\u5f15\u958b\u59cb\u3068\u3044\u3063\u305f\u30a4\u30d9\u30f3\u30c8\u304c\u3001\u5e74\u9593\u3092\u901a\u3058\u3066\u4fa1\u683c\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3060\u308d\u3046\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u30d3\u30c3\u30c8\u30b3\u30a4\u30f3\u306e2026\u5e74\u4fa1\u683c\u4e88\u6e2c\u306f\u3001\u4e3b\u8981\u91d1\u878d\u6a5f\u95a2\u306e\u30b3\u30f3\u30bb\u30f3\u30b5\u30b9\u306714\u4e07\u301c17\u4e07\u30c9\u30eb\u306b\u53ce\u675f\u3057\u3064\u3064\u3042\u308b\u3002\u3053\u308c\u306f2024\u5e74\u521d\u982d\u306e\u5f37\u6c17\u4e88\u6e2c\uff0830\u4e07\u30c9\u30eb\u8d85\uff09\u304b\u3089\u5927\u5e45\u306b\u4e0b\u65b9\u4fee\u6b63\u3055\u308c\u305f\u6570\u5b57\u3060\u304c\u3001\u73fe\u5728\u4fa1\u683c\uff08\u7d048.7\u4e07\u30c9\u30eb\uff09\u304b\u3089\u306f60\u301c9 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"_links":{"self":[{"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=\/wp\/v2\/posts\/755"}],"collection":[{"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=755"}],"version-history":[{"count":1,"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=\/wp\/v2\/posts\/755\/revisions"}],"predecessor-version":[{"id":756,"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=\/wp\/v2\/posts\/755\/revisions\/756"}],"wp:attachment":[{"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kabutec.jp\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}