Digital asset investment manager Bitwise is unveiling its predictions for cryptocurrencies and the industry in 2025.

Starting with Solana (SOL), Bitwise’s head of research Ryan Rasmussen says the asset manager is predicting that the Ethereum (ETH) rival will skyrocket by 250% and hit a price of $750 this year.

Solana is trading at $214 at time of writing, around 18% below the all-time high price of $263 reached in November of 2024.

On Bitcoin (BTC), Bitwise predicts that the crypto king will surge by 106% from the current level to reach a price of $200,000 in 2025. Ethereum, according to Bitwise, will rally by around 99% from the current level to hit a price of $7,000 this year.

Bitcoin is trading at $96,940 at time of writing while Ethereum is worth $3,521.

Turning to US spot Bitcoin exchange-traded funds (ETFs), Rasmussen says Bitwise expects the inflows in 2025 to surpass last year’s figures. The cumulative total net inflows into the US spot Bitcoin ETFs as of January 3rd amounted to approximately $35.66 billion.

Rasmussen also says that Bitwise is predicting that the number of countries holding Bitcoin in their reserves will double in 2025. Some of the countries that currently hold Bitcoin reserves include El Salvador. The Central American country holds over $588.95 million in Bitcoin as of January 3rd.

The Bitwise head of research also cites the crypto asset manager’s bonus prediction that is projected to materialize further into the future.

“In 2029, Bitcoin will overtake the $18 trillion gold market and trade above $1 million.”

Bitcoin has a market cap of approximately $1.917 trillion at time of writing.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Billionaire Stanley Druckenmiller is exploring new opportunities after dumping more than $2.5 billion in stocks.

The famed investor and head of Duquesne Family Office sold all of the firm’s shares of Nvidia (NVDA) last year, along with nearly all of the firm’s stake in Palantir (PLTR).

Now, Druckenmiller is beginning to pour some of the firm’s massive cash stockpile into Teva Pharmaceutical (TEVA), buying 1,427,950 shares worth about $30.3 million, reports the Motley Fool.

The stock surged more than 100% in 2024, as the company settled opioid litigation and reported strong growth after centering its efforts on brand-name drugs.

As of Q3 2024, the top holdings at Duquesne Family Office include Natera (NTRA) worth $452 million, Coupang (CPNG) valued at $287 million, Coherent (COHR) at $264 million, Woodward (WWD) at $181 million and Seagate Technology (STX) at $179 million.

In a recent interview with Nicolai Tangen, CEO of Norges Bank Investment Management, Druckenmiller said his top concern is whether the Federal Reserve started cutting rates too soon.

“When this whole inflationary episode started, and I’d say two years ago or a year and a half ago, I was very confident that inflation was going to come down, which I was right on.

But I was worried about the economy, which I was completely wrong on. You can take this with a grain of salt since I had one right and one wrong there, I’ve switched to being more worried about inflation going forward than the economy itself.

I’m a little worried that the Fed has declared victory too early. I don’t have conviction like I had in 2021 that inflation was going to go up, that’s when the money supply was growing 40% and all sorts of things were happening. But I also don’t have conviction that they’ve snuffed this thing out and won the battle.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Marathon Digital Holdings reports December 2024 Bitcoin production and mining metrics, showing continued operational progress.

Marathon Digital Holdings reported a 15% increase in its energized hash rate to 53.2 exahashes per second, exceeding its year-end target of 50 EH/s. However, Bitcoin (BTC) production fell slightly, down 2% from November to 890 BTC, which MARA attributed to “luck” variations in mining, per CEO Fred Thiel.

Hash rate is a critical measure of a miner’s computational power and is essential for securing the Bitcoin network and validating transactions. MARA’s increased hash rate reflects its expanding operations, positioning the company as a more competitive player in the mining sector.

Analysts at H.C. Wainwright predicted in a Jan. 2 note that Bitcoin mining companies like Marathon will outperform their competitors in 2025. 

Total yearly stats

For 2024, MARA mined 9,457 BTC and purchased an additional 22,065 BTC at an average price of $87,205 per coin. This brought the company’s total Bitcoin holdings to 44,893 BTC.

As of year-end, this stash is valued at $4.2 billion, based on a Bitcoin spot price of $93,354. Additionally, MARA loaned 7,377 BTC to third parties, generating extra income.

MARA operates a hybrid model of mining and purchasing Bitcoin. Mining involves solving complex computational puzzles to earn BTC directly, while purchasing Bitcoin during price dips allows the company to optimize acquisition costs and maintain operational flexibility.

CEO Fred Thiel emphasized MARA’s efficiency improvements, noting the company’s ability to produce BTC at a lower cost than the spot market price. 

The company also highlighted the growth of its proprietary MARAPool, which saw a 168% increase in hash rate in 2024, significantly outpacing the overall Bitcoin network’s 49% growth.