After Predicting Bitcoin’s Eventual Rise To $600,000, Guggenheim CIO Now Calls Crypto ‘Tulipmania’

Major asset manager VanEck has predicted Bitcoin could reach $2.9 million by 2050. This forecast was outlined in a report titled “Bitcoin 2050 Valuation Scenarios: Global Medium of Exchange and Reserve Asset,” authored by Head of Digital Assets Research Matthew Sigel and Senior Investment Analyst Patrick Bush. VanEck, a major Bitcoin Exchange Traded Fund (ETF) […] ...
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