... in the second quarter from Bitcoin's price increase. The firm is now planning to raise another $4 billion through stock issuance to increase its crypto assets—an exemplary case of an enterprise’s long-term faith in Bitcoin. Other publicly traded companies, including several tech giants and retail chains, also hold cryptocurrencies on their balance sheets or accept them as payment. Additionally, traditional banks are exploring blockchain applications: for example, Bank of America is testing the use of stablecoins to expedite ...

... years. While government projects are currently not competitors to market-based stablecoins, their development psychologically confirms the importance of the phenomenon. Among private initiatives, along with Tether and Circle, stablecoins from large tech or financial companies are likely to solidify their positions. The previously mentioned PayPal USD (PYUSD)—launched in August 2023—aims to carve out a niche in payments within the PayPal/Venmo ecosystem by 2025. While its volumes are currently modest, the mere ...

... cryptocurrencies in the eyes of the market. Where participation in crypto-assets was previously limited mainly to specialized funds and tech enthusiasts, it is now joined by media corporations, traditional investment funds, and Wall Street veterans. This forms a ... ... that increasing resources are being invested in BTC mining, enhancing the network's security and decentralization. Major mining companies are announcing capacity expansions: new farms are being launched in North America and the Middle East, strengthening ...

... traditional stock market with the cryptocurrency industry emphasizes the blurring of boundaries between them and indicates the readiness of the largest exchanges to adapt to the changing financial landscape. Such steps by media corporations, banks, and tech giants strengthen confidence in the crypto market. While digital assets were once primarily viewed by enthusiasts and specialized funds, players from Wall Street and international companies are now joining in. This forms a new level of legitimacy and will likely lead to further inflows of capital from adjacent sectors of the economy. Infrastructure and Technology: Mining and DeFi Integration Concurrent with the influx of investment,...