Coin Stories
News Block: Eric Trump Predicts $1 Million Bitcoin, MicroStrategy to Join Nasdaq 100, Bitwise Predicts Bitcoin Will Surpass Gold in 2029
Dec 13, 2024
Eric Trump forecasts a staggering $1 million per Bitcoin, highlighting the cryptocurrency's transformative potential. Meanwhile, JPMorgan is rewarding miners who hold onto their Bitcoins, signaling institutional interest. MicroStrategy is set to join the Nasdaq 100, bolstering its Bitcoin portfolio with new acquisitions. Plus, experts from Bitwise believe Bitcoin will outshine gold by 2029, indicating a bright future for crypto in the financial landscape.
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Quick takeaways
- Eric Trump forecasts that Bitcoin could reach $1 million, highlighting a growing belief in its future potential among influential figures.
- MicroStrategy's expected inclusion in the Nasdaq 100 indicates increasing institutional acceptance of Bitcoin as a legitimate asset class.
Deep dives
Bitcoin Conference Highlights
The Bitcoin Mina conference in Abu Dhabi marked a significant gathering for Bitcoin enthusiasts, featuring prominent figures such as Ray Dalio and Eric Trump. Dalio advocated for transitioning away from bonds to hard assets like Bitcoin and gold. Eric Trump made waves with an inspiring message, expressing confidence in Bitcoin's future and the Trump family's commitment to promoting the cryptocurrency, even predicting it could reach $1 million. The need for increased institutional adoption was emphasized as crucial for achieving these ambitious price levels.
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