Coinbase Research: "Optimistic Outlook for the Cryptocurrency Market in the Second Half of This Year"
JH Kim
Summary
- Coinbase Research stated that it is optimistic about the cryptocurrency market in the second half of this year.
- The report conveyed that improvements in macroeconomic prospects and enhanced regulatory clarity are the main drivers of market activation.
- It analyzed that if the stablecoin regulation and cryptocurrency market structure bill are passed in the U.S. Congress, a clear regulatory environment will be established.
On the 12th (local time), according to CoinDesk, a media outlet specializing in cryptocurrency, Coinbase Research offered an optimistic outlook for the cryptocurrency market in the second half of this year through a report.
The report stated, "Improvements in macroeconomic prospects and enhanced regulatory clarity will be key drivers for the activation of the cryptocurrency market," adding, "In particular, if the stablecoin regulation 'GENIUS Act' and the cryptocurrency market structure bill (CLARITY Act), both pending a final vote in the U.S. Congress, are passed, a clear regulatory environment will be established for both issuers and investors."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
![[Market] Bitcoin breaks below $70,000… Korea premium at 0.31%](https://media.bloomingbit.io/PROD/news/74018332-717e-4495-9965-328fe6f56cb4.webp?w=250)
