... by the Federal Reserve. Maturation of BTC as an asset class and reduction in its volatility, attracting interest from institutional investors. Return of the ICO market format. Four "Hidden" Drivers of Growth for BTC and ETH: Insights for CIS Investors Bitcoin (BTC) and Ethereum (ETH) remain pivotal assets in the cryptocurrency market, with their long-term dynamics increasingly influenced by macroeconomic factors, institutional demand, and regulatory developments. Below, we outline four potential ...

... logistics metrics: delivery speed, last-mile costs, warehouse utilization. Trends in active customers and order frequency, conversion rates, and retention. Capital expenditures and free cash flow as a basis for dividends and buybacks. Conclusion for CIS Investors' Portfolios JD.com demonstrated a strong quarter: revenue and earnings per share exceeded forecasts, and JD shares reacted positively with growth. The combination of advanced logistics, a marketplace model, and cost discipline creates a foundation ...

... these data will reflect investor confidence: alignment between statistics and forecasts may strengthen current optimism and lead to relatively stable dynamics, while unexpected deviations could provoke capital reallocation and increased volatility. Investors in the CIS countries should keep a close eye on the news of the day. A careful analysis of macroeconomic indicators (such as PMI, inflation metrics, and trade balance), combined with an assessment of corporate results, will help timely identify emerging trends....

... industry landscape, opening up new opportunities for exits and company consolidations. Global expansion of venture capital. The investment boom is reaching new markets around the world, forming their own technology ecosystems. Local focus: Russia and the CIS. Despite restrictions, new funds and initiatives are being launched to develop local startup ecosystems, attracting investor attention to the region. IPO Market Revitalized: "Window of Opportunity" for Listings Remains Open The global primary public offering market has revived after a long lull and continues to gain momentum. In Asia, Hong Kong has initiated ...

... regulators urged brokers to cease promoting stablecoins, viewing them as a threat to financial stability. Other countries in the region, such as Japan and South Korea, are gradually opening markets to cryptocurrencies while emphasizing risk control and investor protection. Russia and CIS: In Russia, direct cryptocurrency circulation remains limited by law, but interest in the industry is growing. In 2025, the country retains the second position globally in Bitcoin mining scale (over 20% of global hash rate), having officially recognized ...