Bitcoin growth models project $200,000 by 2025 and up to $1.5 million by 2035, outpacing gold and the Nasdaq in long-term returns. Key takeaways: Bitcoin’s long-term CAGR of 42.5% outpaces the Nasdaq and gold, but is projected to drop to 30% by 2030. The power-law and quantile models keep BTC’s Q4 2025 target between $150,000–$200,000, with $1.2million to $1.5 million possible by 2035. Read more
From a $37 IPO to $118 intraday, Bullish’s NYSE debut highlights Wall Street’s growing appetite for regulated crypto businesses. Cryptocurrency exchange operator and media company Bullish made an enormous public debut on the New York Stock Exchange, with shares surging as much as 218% — a clear sign of heightened institutional appetite for crypto-related assets. After weeks of speculation, Bullish went public on Wednesday at an IPO price of $37, above its earlier target range of $32 to $33 per share. The stock, trading under the ticker symbol BLSH, soared to an intraday high of $118.00, marking a 218% gain from its IPO price, on trading volume of roughly 38 million shares, according to Yahoo Finance data. Read more
Bitcoin and Ether look poised to hit new highs soon. Which altcoins could follow? Key points: Bitcoin bulls are chasing after BTC’s $123,218 all-time high as buying pressure surges. Ether has played catch-up to Bitcoin and is close to making a new all-time high. Read more
The European country’s sovereign wealth fund does not hold BTC directly but has indirect exposure through a portfolio of crypto companies. Norway’s sovereign wealth fund, the largest state-directed wealth fund in the world, increased its indirect Bitcoin (BTC) exposure by 192% over the last year, according to crypto research company K33 Research. The fund has indirect exposure to 7,161 BTC through its investment portfolio, which includes treasury companies Strategy and Metaplanet and crypto exchange Coinbase. The fund currently holds over 11.9 billion Norwegian krone ($1.2 billion) of Strategy’s stock, a 133% increase from 2024. Similarly, the fund has increased its Coinbase holdings by over 96% since 2024. Read more