CoinVoice has recently learned that according to independent analyst Markus Thielen's latest report, as multiple cryptocurrency companies prepare for IPOs, Wall Street investment banks intend to support Bitcoin in maintaining high levels to create a favorable market environment for the upcoming IPOs.
Currently, multiple companies including Circle have submitted prospectuses, and there are new projects lining up to go public almost every week. At the same time, the stock prices of cryptocurrency-related public companies have surged significantly, with MicroStrategy up 47%, Coinbase up 67%, Robinhood up 180%, and Circle soaring by as much as 597%. This wave not only boosts market sentiment but also continues to bring profits to investors, with growing attention and enthusiasm for participating in cryptocurrency IPOs, which is expected to extend the current bull market cycle for Bitcoin. [Original link]
