Ark Invest Expects Bitcoin to Exceed $1 Million by 2030 — Says BTC Could Tran...
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....
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ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi. A new report from Cathy Woods’ ARK Invest forecasts Ethereum (ETH) will meet or even exceed a $20 trillion market cap within the next 10 years, which would equate to a price around $170,000 to $180,000 per ETH.The report also predicted big things for Bitcoin (BTC), saying it is “likely to scale as nation-states adopt (it) as legal tender… the price of one bitcoin could exceed $1 million by....
ARK Invest, the brainchild of savvy investor Cathie Wood, has had a rough go over the past few months. The flagship fund ARKK is down nearly 60% from it’s record high last year, however Wood and her team of analysts aren’t stopping their full-focus on innovative and forward-thinking investments – even when fundamental investments are running the show. This week was host to ARK’s ‘Big Ideas Summit,’ and ARK crypto analyst Yassine Elmandjra supplemented that material with a boisterous bitcoin tweet that will be music to BTC maxi’s ears. Cathie Wood &....
Top funds in the U.S. expect Bitcoin to hit anywhere between $130K to half a million in the long term. JPMorgan expects Bitcoin (BTC) to reach $130,000, while Ark Invest anticipates the market valuation of BTC to surpass that of gold.The optimistic macro prediction from both funds revolves around the scarcity of Bitcoin, which has buoyed its popularity as a safe-haven asset.BTC/USD 1-day price chart (Binance). Source: TradingView.comWhy are both high-profile funds so optimistic in Bitcoin?As Cointelegraph previously reported, the outlook of the U.S. dollar index is on the decline.The fear....
With the addition of the new fund, 10T Holdings’ assets under management would likely exceed $1 billion. Macro investor Dan Tapiero is launching another multimillion dollar fund intended to invest in mid- to late-stage companies in the digital asset ecosystem.According to a Notice of Exempt Offering of Securities filing with the U.S. Securities and Exchange Commission on Monday, Tapiero and his 10T Holdings partners Michael Dubilier and Stan Miroshnik have given the regulatory body notice of a $500 million growth equity fund for crypto and blockchain firms. The filing shows the fund has....
Finder’s panel of 33 fintech specialists has forecasted that the price of bitcoin will peak at about $94K before ending the year above $76K. In addition, the panel expects the price of the cryptocurrency to reach $192,800 in 2025 and $406,400 in 2030.
Finder’s Experts Predict BTC Price for 2022, 2025, and 2030
Finder, a major product comparison website, published an updated bitcoin price prediction Wednesday for 2022 by “Finder’s panel of 33 fintech specialists.”
According to the panel’s BTC price forecasts:
Bitcoin....