The growing optimism is increasingly evident from technology companies to major banks

The cryptocurrency market continues to receive positive signals in the long term, as both technology businesses and institutional investors are beginning to show strong confidence in Bitcoin.

Recently, technology company Matador of #Canada officially added Bitcoin to its corporate fund, indicating a long-term strategy leaning towards digital assets. Not stopping there, Matador also announced plans to raise an additional 4 million CAD through a private placement, with a maximum of 6.45 million common shares to be issued. A portion of the net profit from this fundraising will be allocated to increase Bitcoin holdings.

In another development, major American commercial banks such as JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are discussing the issuance of a type of stablecoin together. This is an effort to respond to the increasing competition from the cryptocurrency sector and clearly demonstrates the recognition that blockchain technology has become an indispensable part of the future financial system.

Additionally, prominent investor James Wynn also shared optimism when updating his long-term Bitcoin positions, noting profits of over 111,000 USD and predicting that $BTC could reach 115,000 – 118,000 USD in the near term. Wynn even mentioned the potential explosion of altcoins, suggesting a more active market phase is on the horizon.

Risk Warning: The crypto market is highly volatile and not suitable for all investors. Always consider carefully before participating. #anhbacong