Bitcoin To $10 Million By 2030
It might seem hyper-bullish, but there is real reason to believe such an ascension in price could occur.Bitcoin will experience three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that already occurred last year, Bitcoin has experienced a total of 3 halvings since its launch in 2009. Historically, in the year following each halving, the bitcoin price shoots up exponentially due to an increase in demand and decrease in supply in the market. But there is a new type of demand in the market, one that weighs far heavier than the....
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Ark Investment Management (Ark Invest) has predicted that the price of bitcoin could surpass $1 million per coin by 2030. “Our research suggests that bitcoin has the potential to transform monetary history by providing financial freedom and empowerment in a fair, global, and distributed way,” Ark’s analyst added.
Bitcoin’s $1 Million Prediction by Ark Invest
In Ark Invest’s “Big Ideas 2022” report published last week, the firm’s analyst Yassine Elmandjra explained that “As bitcoin’s market capitalization....
Ark Invest, a fund management company, has sharply raised its price forecasts for Bitcoin, predicting the cryptocurrency may reach $2.4 million at the end of 2030 in its most bullish scenario. The new target, set in an April 24 report by research analyst David Puell, is a massive increase from the firm’s former bull case […]
Cathie Wood, the CEO of asset management firm Ark Invest, has backed Bitcoin (BTC) to achieve a $1.5 million price point by 2030. The American investor and cryptocurrency advocate has based this projection on multiple factors, including rising institutional investment and global recognition of Bitcoin’s ability to serve as a store of value. Related Reading: […]
Let the numbers speak as a start, when it comes to estimating the future growth of the gaming market. According to a PwC report, the AR and VR industry was valued at $46 billion in 2019, and will grow by over 30 times by 2030. Let the year 2030 stand hereon as a new planning […]
Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse.
Metaverse Could Generate $5 Trillion by 2030
Global management consulting firm McKinsey & Company published a report last week titled “Value creation in the metaverse.”
The report details: “Our work began by surveying more than 3,400 consumers and executives on metaverse adoption, its potential, and how it may shift behaviors. We also interviewed....