Bitcoin
Perianne Boring Predicts Trump’s 2025 Economic Policies Will Drive Bitcoin Price to $800K
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1 week agoon
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adminBitcoin investors received a jolt of optimism on Fox Business’ Mornings With Maria on December 13, 2024, when Digital Chamber founder and CEO Perianne Boring unveiled a staggering price prediction. Speaking with host Maria Bartiromo, Boring suggested that bitcoin could surge to $800,000 in 2025 under economic proposals set forth by President-elect Donald Trump.
Personnel is policy: Perianne Boring pic.twitter.com/52IPUr2owR
— Mornings with Maria (@MorningsMaria) December 13, 2024
Boring’s insights underscore how policy-driven macroeconomic factors could catalyze bitcoin’s ascent to historic highs. With its fixed supply, bitcoin’s unique scarcity positions it to thrive under conditions of increased adoption and favorable policy environments—a scenario Boring believes Trump is poised to create.
Trump’s Bitcoin Vision: A Policy Blueprint for Growth
The conversation with Bartiromo highlighted several proposals that could act as a tailwind for bitcoin’s growth. “What President-elect Donald Trump has proposed, what he’s outlined to our community, would absolutely solidify the United States’ leadership in the digital asset and blockchain technology ecosystem,” Boring stated.
She pointed to Trump’s famous bitcoin speech in Nashville, where he laid out a vision of building a national bitcoin stockpile and leveraging tax policy to attract economic activity into the space. Boring emphasized the importance of addressing regulatory challenges: “He wants to clear up a lot of these regulatory friction points for the industry. The U.S. has driven out activity under the Biden administration. We need leadership at the very, very top to bring these markets back to the United States.“
Regulatory Clarity on the Horizon?
Boring also addressed the ongoing confusion between the SEC and CFTC regarding oversight, which has driven significant innovation out of the U.S. She shared optimism about Trump’s personnel choices, including potential appointments like Paul Atkins for SEC chair and Brian Quintens for CFTC leadership. Both figures, she explained, bring technical and industry expertise needed to restore clarity and confidence to the market.
“Paul Atkins is absolutely committed to bringing that regulatory clarity,” Boring said. She also noted Quintens’ history of advocating for self-regulation in the digital asset market, adding that both leaders could “put us in the right step.”
A Historic Price Catalyst?
When Bartiromo raised the topic of price projections, Boring delivered the show-stopping prediction that captured investors’ imaginations: “The stock-to-flow model says it’s going to be at over $800,000 by the end of next year. If Donald Trump is successful in putting forth a lot of the proposals that he’s proposed to the community, the sky is the limit because bitcoin has a fixed supply.“
This bullish outlook aligns with models that measure bitcoin’s price trajectory relative to its halving cycles and its immutable monetary policy. The fixed supply cap of 21 million bitcoins contrasts sharply with the inflationary tendencies of fiat currencies, positioning bitcoin as a potential store of value in uncertain economic times.
Market Insights for Bitcoin Investors
While ambitious, the $800,000 price target reflects a growing belief among market analysts that supportive policies, reduced regulatory friction, and a resurgence of U.S.-led innovation could create the perfect storm for bitcoin adoption. Investors should watch closely as Trump’s administration shapes the landscape.
The alignment of fiscal policy, regulatory reform, and institutional confidence could reignite bitcoin’s trajectory. For those holding or considering allocations, the evolving policy backdrop could represent a pivotal moment in bitcoin’s maturation.
Adding to the bullish sentiment, Eric Trump, a prominent American businessman, Executive Vice President of the Trump Organization, and son of President-elect Donald Trump, made headlines at the Bitcoin MENA event in Abu Dhabi on December 10. Speaking to a captivated audience, he confidently predicted that Bitcoin would someday reach $1 million per BTC. This bold forecast aligns with the Trump family’s increasing advocacy for Bitcoin and its transformative potential in global finance. Eric Trump’s statement not only underscores the administration’s pro-Bitcoin stance but also reinforces the positive feedback loop of institutional and policy support driving long-term price appreciation.
With potential catalysts on the horizon, one thing is certain: 2025 could be a defining year for bitcoin’s role in the global financial system.
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Bitcoin
Metaplanet makes largest Bitcoin bet, acquires nearly 620 BTC
Published
55 minutes agoon
December 23, 2024By
adminTokyo-listed Metaplanet has purchased another 9.5 billion yen ($60.6 million) worth of Bitcoin, pushing its holdings to 1,761.98 BTC.
Metaplanet, a publicly traded Japanese company, has acquired 619.7 Bitcoin as part of its crypto treasury strategy, paying an average of 15,330,073 yen per (BTC), with a total investment of 9.5 billion yen.
According to the company’s latest financial disclosure, Metaplanet’s total Bitcoin holdings now stand at 1,761.98 BTC, with an average purchase price of 11,846,002 yen (~$75,628) per Bitcoin. The company has spent 20.872 billion yen in total on Bitcoin acquisitions, the document reads.
The latest purchase is the largest so far for the Tokyo-headquartered company and comes just days after Metaplanet issued its 5th Series of Ordinary Bonds via private placement with EVO FUND, raising 5 billion yen (approximately $32 million).
The proceeds from this issuance, as disclosed earlier, were allocated specifically for purchasing Bitcoin. These bonds, set to mature in June 2025, carry no interest and allow for early redemption under specific conditions.
Metaplanet buys dip
The company also shared updates on its BTC Yield, a metric used to measure the growth of Bitcoin holdings relative to fully diluted shares. From Oct. 1 to Dec. 23, Metaplanet’s BTC Yield surged to 309.82%, up from 41.7% in the previous quarter.
Bitcoin itself has seen strong performance this year, climbing 120% and outperforming assets like the Nasdaq 100 and S&P 500 indices. However, it has recently pulled back from its all-time high of $108,427, trading at $97,000 after the Federal Reserve indicated only two interest rate cuts in 2025.
Despite the retreat, on-chain metrics indicate that Bitcoin is still undervalued based on its Market Value to Realized Value (MVRV-Z) score, which stands at 2.84 — below the threshold of 3.7 that historically signals an asset is overvalued.
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Altcoin Season
End of Altcoin Season? Glassnode Co-Founders Warn Alts in Danger of Lagging Behind After Last Week’s Correction
Published
4 hours agoon
December 23, 2024By
adminThe creators of the crypto analytics firm Glassnode are warning that altcoins could lose all bullish momentum following last week’s market correction.
Jan Happel and Yann Allemann, who go by the handle Negentropic on the social media platform X, tell their 63,400 followers that “altcoin season,” which they say began in late November, could come to an abrupt end after alts witnessed deep pullbacks over the last seven days.
According to the Glassnode co-founders, traders and investors will likely have a risk-off approach on altcoins unless Bitcoin recovers a key psychological price point.
“Is This the End of Altcoin Season?
Bitcoin dominance is surging after dipping below $100,000, while altcoins are losing critical supports. Dominance has risen and resumed its upward trend, signaling a stronger BTC environment.
If BTC stabilizes above $100,00, we might see a pump in altcoins now in accumulation zones. Until then, Bitcoin appears poised to lead, leaving altcoins lagging behind.”
The Bitcoin Dominance (BTC.D) chart tracks how much of the total crypto market cap belongs to BTC. In the current state of the market, a surging BTC.D suggests that altcoins are losing value faster than Bitcoin.
At time of writing, BTC.D is hovering at 59%.
Looking at Bitcoin itself, the Glassnode executives say long-term Bitcoin holders are massively unloading their holdings as other investor cohorts pick up the slack.
“The Board Keeps Shifting.
As BTC continues flowing out of exchanges during this dip, long-term holders are exiting forcefully, while short-term holders step in without hesitation.
Whales quietly accumulate, miners remain neutral, and selling pressure has merely reshuffled the board.
New hands are absorbing the sales.”
At time of writing, Bitcoin is worth $97,246.
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Altcoins
Bitwise CIO Matt Hougan Predicts Institutional Interest in Altcoins, Says 2025 the Year of Crypto Diversification
Published
20 hours agoon
December 22, 2024By
adminBitwise CIO Matt Hougan says a wave of institutional interest in altcoins is coming next year, largely due to potential regulatory clarity and more exchange-traded funds (ETFs).
In a new interview with Bloomberg, Hougan says that institutional money is in the early stages of broadening out to other crypto assets besides just Bitcoin (BTC).
Hougan forecasts that 2025 will be the year that institutional investors will begin to incorporate more diversification in their crypto-investing strategies the same way they do in other asset classes like equities or bonds.
“You’re already seeing it broaden out actually. A lot of people were worried about the Ethereum ETFs for instance, which launched this summer and had tepid inflows.
But over the last month or so, you’ve seen billions of dollars flow into those products.
Again, the things that have happened in crypto in the past keep happening. Historically, most people enter crypto through Bitcoin, and then they discover Ethereum, and then they think about Solana. There’s no reason to assume that the institutions that came into Bitcoin won’t move on to other assets in the future.
In fact, I think in 2025, you’re going to see an explosion of interest in index space strategies that give diversified exposure to crypto. Of course, [that is] something we’ve been doing at Bitwise since 2017 when we pioneered that concept. I think 2025 is when that becomes a mainstream way to allocate to this space, the same way it is to stocks and bonds and real estate and everything else.”
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