Former Binance CEO Changpeng Zhao pointed to increased government adoption of the asset in the next ten years. In an interview , he highlighted its use-case as the future of money to drive massive investment. This will increase the asset’s price as well as the wider crypto sentiment. Zhao hinted at more strategic Bitcoin reserves for countries to flip negative macro realities. Talks around a Bitcoin reserve in the United States gained momentum in the run-up to the U.S. Elections. With a rising national debt, crypto enthusiasts tip the asset to offset debt and promote finance and cross-border payments. A possible US backing could influence other jurisdictions to adopt the top crypto for payments and a reserve. After the U.S. election, the price of Bitcoin hit new milestones, shaking off previous corrections and setting the tone for positive projections. Trading above $100K, bulls set sights on a higher rally on the back of increased institutional adoption. These inflows to the asset could spike growth coupled with government adoption in the coming decade. Bitcoin’s Utility Over Gold Zhao highlighted the advantages Bitcoin (BTC) has over gold amid recent adoption. Bitcoin continues its upward trajectory backed by heavy institutional buys , with bulls projected over-the-top surges for the crypto leader in five years. Gold and Bitcoin are popular as a store of value for varying groups of investors with a decade-long debate on utilities. In a recent interview, Zhao noted that Bitcoin is more scarce, coupled with new use cases that could fuel its price. Bitcoin is termed digital gold because of its portability and access to a wider adoption net, which users say helps its case against precious metals. According to him, the scarcity of the asset will drive more investment in the coming years. On the other hand, the world doesn’t know the total supply of gold despite its availability for centuries. “I think it should be way more than that (a 16 trillion market cap), as you said it has many advantages over gold and gold is not a limited asset, people control the supply of gold by not mining and we don’t know how much they are. With Bitcoin, we know exactly how certain it is and there’s not a whole lot left.” CZ added.
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Solana Predicted to Break $600 in Q1, While SHIB and 1Fuel Maintain Investors’ Buzz
The post Solana Predicted to Break $600 in Q1, While SHIB and 1Fuel Maintain Investors’ Buzz appeared first on Coinpedia Fintech News Market analysts have tipped Solana to reach $600 as the altcoin resumes its bull run. Shiba Inu and 1Fuel are other altcoins getting mass attention due to their promising outlooks. Shiba Inu looks poised to rally impressively, while 1Fuel could experience a massive post-presale surge . Expectations are high for 1Fuel, and the token looks prepared to meet and beat these expectations. Find out more about 1Fuel below. 1fuel’s Promises Of Explosive Returns Attract Top Investors Every investor wants high returns, and 1Fuel seems capable of providing that. The DeFi token has one of the best presales in 2024 and is set to explode after launch in 2025. 1Fuel has sold over 60 million tokens on presale, out of the 500 million available, the token’s limited supply will soon drive its demand and value through the roof, which is why it’s essential to get in early now. The demand for 1Fuel will skyrocket as more and more people become aware of its prospect. Analysts believe the current buzz is child’s play compared to what is to come, and top investors share in their sentiment. 1Fuel’s prominence will go beyond market buzz and community support. The new token will be backed by real-life uses, making it an essential crypto token. The crypto project will carve a niche for itself as a unique DeFi solution. 1Fuel will simplify transaction processes and provide unique functions to improve user experience. The groundbreaking crypto solution will be an upgrade on existing platforms, ensuring user satisfaction. The project’s utility positions it for high adoption and usage. This will in turn improve 1Fuel’s prominence and value. Analysts believe the buzz surrounding 1Fuel is backed by something tangible. Hence, it’s likely to have a sustained bull run. The new token is set to pump massively and smart money is already investing heavily. Solana Tipped To Pump Hard In 2025 Solana started the year on a positive note. The altcoin quickly broke into the $100 price zone from about $70+ initial value. Solana is keen on ending the year on a similar note, but prolonged bear pressure has been a challenge. Solana has dipped 14% since reaching a $263.83 all-time high. The altcoin fluctuates around $224 and $225 currently, as it hopes to change the tide. Despite the prevailing bear pressure, analysts predict that Solana will be a top-performing crypto coin in 2025. The top altcoin is showing signs of a strong bull run, and it may eventually experience it in Q1. Solana may hit $600 in 2025, making it a good investment choice. Shiba Inu Ready For A Great Market Run In 2025 Meme coins are tipped to have a more rewarding 2025, and Shiba Inu could be the best-performing one. While Shiba Inu hasn’t yielded as much as Pepe and BONK this year, the meme coin is hoping to outperform them soon. This could see Shiba Inu yield massive returns in Q1. Presently, Shiba Inu trades around $0.00002831 as it looks to return to its current yearly high at $0.000033. However, Shiba Inu is yet to completely weather bear pressure, making it difficult to beat the resistance at $0.000039. Shiba Inu may eventually break out beyond its current resistance level and surge towards $0.000035 by Q1. Conclusion Solana could be a top-performing crypto coin in 2025, just like Shiba Inu. However, investors could gain the most from 1Fuel. The token has one of the best presales in 2024, and it’s expected to reward investors massively. Get in on the 1Fuel presale now and be among the early investors. If you would like to find out more information about the presale: Presale: https://www.1fuel.io/ Telegram: https://t.me/Portal_1Fuel X: https://x.com/1fuel_?s=2 ZyCrypto
Dan Morehead Reveals Pantera Capital’s Diverse Crypto Portfolio
Dan Morehead discusses Pantera Capital`s investment strategy in cryptocurrencies. TON and Ondo Finance are key holdings in their diverse portfolio. Continue Reading: Dan Morehead Reveals Pantera Capital’s Diverse Crypto Portfolio The post Dan Morehead Reveals Pantera Capital’s Diverse Crypto Portfolio appeared first on COINTURK NEWS . ZyCrypto