Bitcoin pioneer predicts $1T BTC market cap by 2022 or 'sooner'
Adam Back believes that Bitcoin could boost its market cap by 400% in under two years. Bitcoin (BTC) hitting a $1 trillion market cap by 2025 is “conservative,” and those levels should hit in less than two years.That was according to Blockstream CEO Adam Back, who delivered a fresh bullish BTC price outlook on Monday.Back was responding to a report by Yassine Elmandjra, a crypto-asset analyst at investment advisor Ark, who in September forecast a Bitcoin market cap of $1 trillion to $5 trillion by 2030 at the latest.Ark is well known for its enthusiastic price forecasts for Tesla stock,....
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Goldman Sachs analysts believe Bitcoin and the crypto market could see some relief, but only further short and mid-term turmoil. A recent report from the banking institutions claims the crypto market has been moving in tandem with the U.S. stock market and thus it has been affected by the macro-economic environment. Related Reading | Why Bitcoin Could Collapse Another 50%, Says Michael “Big Short” Burry The analysis was conducted by Marion Laboure and Galina Pozdnyakova and it predicts a 30% rally for Bitcoin by the end of 2022. This is still far from the cryptocurrency’s....
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This Week Elon Musk: US past peak inflation after Tesla sells 90% of BitcoinWith Tesla now having sold 90% of its Bitcoinholdings during the bear market, Elon Musk says the U.S. economy is past peak inflation and predicts that only a mild to moderate recession could be incoming. We sort of have some insight into where....
It’s time for another Bitcoin 2022 recap. That fateful afternoon, What Bitcoin Did’s Peter McCormack hosted. It contains the most talked-about panels and keynotes. We have the perspective of two billionaires, refugees, activists, a loudmouth journalist that may be a billionaire, and the Podcasting 2.0 pioneer. On top of that, the Jack Mallers’ announcement that […]
Bitcoin advocate Samson Mow has once again shared a bold prediction about the world’s largest cryptocurrency. The Jan3 CEO now believes that Bitcoin could reach $1 million much sooner than his previous forecast of 2031. His reasoning? A surge in government support for the crypto, particularly in the United States, could send the price soaring […]