- Bitwise research head shares key aspects that will likely predicted for the world of crypto in 2025
- According to the predictions, Bitcoin’s adoption by countries is likely to double and the price will see $200K.
- Other 2025 predictions discuss meme coins, crypto startups, companies that will join elite indexes and more.
Ryan Rasmussen, Head of Research at Bitwise discussed what 2025 will look like for the crypto industry in a recent podcast interview with Jay Hamilton.
He touched upon several key aspects that will define trends in the coming year as per Bitwise predictions for crypto in 2025.
These aspects include crypto IPOs, stablecoins, Coinbase v. Schwab, crypto exchanges joining elite indexes, Bitcoin price and global adoption, AI-driven meme coins, and many other aspects.
Rasmussen predicted that Coinbase will surpass Charles Schwab in 2025, becoming the most valuable financial services company in the world.
Additionally, Coinbase will experience a 2x increase in its stocks in the top $700 per share next year. Here are more crypto predictions for 2025 as explained by Rasmussen.
2025 Will Be The Year Of Crypto IPO
Bitwise analyst, Ryan Rasmussen said that a minimum of five crypto unicorns would go live in the US. Unicorn is a private company whose value is over a billion US dollars.
The analyst shared that Circle is their prime candidate and the company will go public. “I think it probably will be closer to 10 crypto unicorns going public in 2025,” said Rasmussen.
What’s The Bitcoin Arms Race?
The number of countries that currently hold bitcoin is nine. As per the Bitwise predictions for crypto in 2025, Rasmussen said,
“We believe countries are going to go out and start buying bitcoin. We’re continuing to see more and more countries considering…creating a national or strategic reserve of Bitcoin.”
He also shared a map indicating countries which currently hold Bitcoin.
He further mentioned, that this phenomenon is termed as the Bitcoin “arms race” or the “space race,” adding,
“…there’s this game theory that we believe will play out similar to the space race where no country wants to be last.”
Coinbase and MicroStrategy Will Enter Elite Indexes
As per Bitwise’s prediction, Coinbase will be listed in the S&P 500, and MicroStrategy will be listed in the NASDAQ 100 in 2025.
According to the analyst, this will be a good addition to every US investor’s portfolio with added crypto exposure. Notably, this is already happening since Micro Strategy will be entering NASDAQ 100 even before 2024 concludes.
AI-driven Memecoin Mania
Rasmussen said that the AI-driven tokens will spearhead memecoin mania more than 2024’s memecoin mania. He finds the intersection of crypto and AI really fascinating.
The Bitwise analyst said, “It’s just really interesting intersection to me of two disruptive technologies that find a way to create more value and be innovative in ways that no one could think of on their own.”
Bitcoin Will Surpass Gold in 2029
Ryan Rasmussen believes that Bitcoin will surpass the $18 Trillion worth of Gold market in 2029. He predicted that the Bitcoin price will surge over $1 Million in 2029.
He discussed the Bitcoin trend, starting with the year 2011 when Bitcoin could be accessed on any kind of exchange platform. Then, its value went up in the following three years and then experienced a 58% drop.
Ethereum was developed in 2015, followed by the ICO cycle in 2016 and 2017. However, the year 2018 experienced a massive pullback of 75% in Bitcoin price.
Additionally, Rasmussen predicted that Bitcoin price value will reach $200k in 2025.
Source: thecoinrepublic.com