Is Wall Street Taking Over Crypto?

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When crypto first appeared, it was promoted as a way for people to store and transfer money without relying on banks. More than 15 years later, the sector has taken a completely different path. Instead of replacing traditional finance, blockchain technology is increasingly being adopted by the same institutions it was once designed to bypass.

As more corporations like American Bitcoin Corp. (NASDAQ: ABTC) increase their stakes in the crypto industry, analysts will be watching how their growing influence impacts the trajectory of the…

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