Coinbase's latest research report forecasts a positive trajectory for Bitcoin in the latter half of 2025, driven by robust economic growth, increased corporate adoption, and clearer regulatory frameworks. The report highlights that the risk of a U.S. recession has diminished, with economic indicators showing strength. Currently, 228 publicly listed companies hold a combined 820,000 BTC, underscoring the growing role of cryptocurrencies in corporate treasuries. On the regulatory front, the U.S. is advancing stablecoin legislation with the STABLE Act and GENIUS Act, potentially reaching a unified bill by August 4. Additionally, the SEC is reviewing approximately 80 cryptocurrency ETF applications, which could further bolster market confidence. Despite potential risks like the steepening U.S. Treasury yield curve, Coinbase remains optimistic about Bitcoin's upward trend, while altcoin performance may vary based on individual factors.