Altcoins News
By Evie Vavasseur
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Bitcoin’s Market Strength Continues. VanEck’s head of digital assets research, Mathew Sigel, outlined the firm’s bullish outlook in a…
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Analysts Call for Patience. Market experts agree that VanEck’s projection is theoretically achievable, but the timeline may…
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Comparing Bitcoin and Gold. The comparison between Bitcoin and gold has long been central to the digital asset narrative.
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VanEck’s Long-Term Vision. VanEck’s projection builds on a set of long-term assumptions.
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Market Cycle and Halving Context. Historically, Bitcoin has shown cyclical peaks tied to its halving events, which cut mining…
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Steady Growth Over Speculative Surges. Both Lim and McMillin expect Bitcoin’s price trajectory to extend well beyond the typical halving…
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A Maturing Asset Class. While VanEck’s $644,000 target might seem distant, analysts argue that Bitcoin’s transformation…
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Investment firm VanEck has projected that Bitcoin could eventually capture half of gold’s $26 trillion market capitalization, which would value the leading cryptocurrency at…
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VanEck’s head of digital assets research, Mathew Sigel, outlined the firm’s bullish outlook in a post on X (formerly Twitter), noting that Bitcoin’s current trajectory mirrors…
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Bitcoin’s market capitalization currently stands at $2.48 trillion, up more than 12% in the past month, according to CoinGecko.
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“Given Bitcoin’s shift to stable, absolute dollar gains of $50,000 to $60,000 per cycle rather than exponential surges, this target is more realistic over five to ten years,” Lim…
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Despite this, Bitcoin continues to gain institutional traction. “JPMorgan has already dubbed gold and Bitcoin the ‘debasement trade,’ pairing them together is the first step,”…
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VanEck’s projection builds on a set of long-term assumptions. In a July 2024 blog post, the firm outlined scenarios in which Bitcoin becomes an integral part of the global…
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Applying a velocity-of-money model, VanEck calculated that Bitcoin could reach a market cap of $61 trillion, implying a price of $2.9 million per coin by 2050.
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Historically, Bitcoin has shown cyclical peaks tied to its halving events, which cut mining rewards in half approximately every four years.
The Currency Analytics
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