Asset manager VanEck explains how one bitcoin could be worth $2.9 million by 2050
The asset manager’s base case assumes bitcoin gains traction as a settlement tool and reserve asset over the next 25 years.
The asset manager’s base case assumes bitcoin gains traction as a settlement tool and reserve asset over the next 25 years.
Bitcoin BTC$87,981.44 has disappointed investors this year, trailing both gold and the tech-heavy Nasdaq 100 stock index, despite expectations that it would benefit from fiat currency devaluation. But according to a VanEck manager, the largest crypto asset could be setting up for a major comeback… Read More
Ether ETH$3,097.40 traded below $3,100 on Sunday during a broader pullback in digital assets. The token was recently near $3,066 at 9:36 p.m. UTC, down 3.4% over the past 24 hours. It briefly fell through the $3,100 level on Bitstamp at about 4 p.m. UTC,… Read More