Bull Market, Bitcoin Reserves, AI Agents, and More
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In a latest blog post, VanEck has outlined its top 10 crypto predictions for 2025. VanEck predicts the Crypto bull market to hit a medium-term peak in Q1 and set new highs in Q4. It believes that the crypto bull market will persist through 2025, reaching its first peak in the first quarter. It projects Bitcoin to be valued at around $180,000, with Ethereum trading above $6,000, while Solana and Sui could exceed $500 and $10, respectively. Following this first peak, it anticipates a 30% retracement in BTC, with altcoins facing sharper declines of up to 60% as the market consolidates during the summer. However, it noted that a recovery is likely in the fall, with major tokens regaining momentum and reclaiming previous all-time highs by the end of the year. Strategic Bitcoin Reserve Going further, it predicts that the U.S. embraces bitcoin with strategic reserves and foresees increased crypto adoption. VanEck predicts that by 2025, either the federal government or at least one U.S. state, likely Pennsylvania, Florida, or Texas will establish a Bitcoin reserve. With new SEC leadership, multiple new spot crypto ETPs will be approved. Ethereum ETPs will include staking, while both Ethereum and Bitcoin ETPs will allow in-kind transactions and redemptions. Tokenised Securities To Exceed $50B Its third prediction is that the value of tokenized securities exceeds $50 billion. VanEck thinks that 2025 will be a breakthrough year for tokenized securities to launch on open-source blockchains as entities like DTCC explore bridging public and private blockchains. Next, it noted that stablecoins are poised to revolutionize payments, with daily settlement volumes projected to reach $300 billion by the end of 2025, tripling from the current $100 billion per day. 1 Million AI Agents Could Emerge! One of the most compelling narratives VanEck believes will translate into massive…
Filed under: News - @ December 13, 2024 11:21 pm