BitMEX co-founder Arthur Hayes has predicted that Bitcoin (CRYPTO: BTC) could reach $250,000 by the end of 2025. He cites the Federal Reserve’s pivot toward purchasing more US Treasury bonds and a broader return to fiscal dominance as primary catalysts for a new Bitcoin bull cycle. What Happened: In a new blog post, Hayes argues […]
Bitcoin Could Reach $200,000 In 2025 If Fed Relaxes Policy, Bitwise’s Matt Hougan Says
Murtuza Merchant | March 19, 2025
Matt Hougan, Chief Investment Officer at Bitwise, believes Bitcoin (CRYPTO: BTC) could more than double to $200,000 by the end of 2025, provided the Federal Reserve takes steps to stimulate the economy. What Happened: Hougan’s remarks come amid what he describes as a “coiled spring” effect, where positive crypto developments have been overshadowed by macroeconomic […]
El Salvador Proved ‘Bitcoin Is Not Destined To Be Money,’ Analyst Says
Murtuza Merchant | February 12, 2025
El Salvador’s attempt to embrace Bitcoin (CRYPTO: BTC) as legal tender has conclusively proven that the cryptocurrency is not viable as a widespread payment system, according to an analysis by John Paul Koning. What Happened: Even with government support, adoption sputtered, Koning stated in a blog post. Bitcoin’s inherent volatility and impracticality render it unsuitable […]
Bitcoin Adoption Still Early, BlackRock Says
Murtuza Merchant | January 15, 2025
BlackRock‘s (NASDAQ:BLK) Head of Digital Assets, Robert Mitchnick, on Wednesday said that Bitcoin (CRYPTO: BTC) adoption is still in its “early days”, particularly within the wealth advisory and institutional segments. What Happened: He shared this perspective during an interview with Bloomberg, discussing the firm’s focus for the second year of their IBIT (NASDAQ:IBIT) ETF. Mitchnick […]
Bitcoin Could Hit $90,000 If Trump Wins, Hold $50,000 Floor Under Harris
Murtuza Merchant | November 4, 2024
Bitcoin (CRYPTO: BTC) could reach $90,000 if Donald Trump secures the presidency, whereas a Kamala Harris win could see Bitcoin stabilizing at a $50,000 floor before any recovery, according to new analysis. These predictions come at a time when both candidates have notably addressed crypto policy, making this election pivotal for the industry. What Happened: […]