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Bitwise CIO Predicts ‘Megatrend’ of Companies Setting up Corporate Bitcoin Treasuries

Matt Hougan provided the rationale for his prediction in a weekly memo published on Monday. Corporate Bitcoin Treasuries Are an Overlooked Megatrend Software firm Microstrategy (Nasdaq: MSTR) saw revenues dip…

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‘We’re Heading to 6-Figure Bitcoin’ — What’s Driving This Bold Prediction

Bitcoin could reach six figures sooner than expected, driven by surging institutional flows into exchange-traded funds (ETFs), economic instability, and the U.S. presidential election, according to the chief investment officer…

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‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind

Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want…

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Market Panic: Bitwise CIO Reflects on Bitcoin’s Resilience Amid Market Turmoil

The chief investment officer at asset management firm Bitwise has addressed the current market downturn, drawing parallels with the market crash on March 12, 2020, when the Covid-19 pandemic caused…

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Bitwise CIO Predicts Major Bitcoin Upside — Says ‘We’re Not Bullish Enough’

Bitwise’s chief investment officer has expressed that the industry is not bullish enough about bitcoin, given the current market dynamics. He pointed to increasing political support, including Donald Trump’s proposal…

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Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO

Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs)…

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Bitwise CIO Predicts Bitcoin Surge to $100,000 Despite Current Price Dip

Bitcoin could reach $100,000 by the end of the year, according to Bitwise’s Chief Investment Officer Matt Hougan. Despite bitcoin currently trading under $60,000 at $57,800, Hougan sees significant potential…

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Bitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’

While there’s been an awful lot of calls for bitcoin to reach six-digits in value in 2021, as the end of the year draws closer, it doesn’t seem like $100K…

Continue ReadingBitwise CIO Says $100K Bitcoin a Difficult Prediction to Make, Calls Ethereum the ‘Asset of the Year’