Dunleavy draws a comparison to the 1970s in the United States, specifically referencing President Nixon’s termination of the Gold Standard in 1971 as a pivotal economic shift.“If we look at the 1970s in the US, then President Nixon’s ending of the Gold Standard in 1971 could be seen as a similar pivot point as the shift we see with the Trump administration’s embrace of crypto,” Dunleavy stated.
Quarterly Bitcoin And Crypto Predictions For 2025 Q1 2025: MV Global anticipates a sharp uptrend fueled by increasing excitement surrounding the new administration.“Trump’s first 100 days lead to a realization that the crypto agenda is actually top of mind,” Dunleavy explained.
He highlights the potential approval of Bitcoin and Ethereum ETFs by major Registered Investment Advisors (RIAs) and brokerage firms such as Merrill Lynch and Charles Schwab.“ETH leads as the lack of a SOL ETF is a short-term impediment to institutional flows,” he noted, indicating that Ethereum may benefit more immediately from institutional adoption compared to Solana.
The story "Bitcoin To $250,000, Ethereum To $12,000: Here’s When, Says VC CIO" has 572 words across 69 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "Bitcoin To $250,000, Ethereum To $12,000: Here’s When, Says VC CIO" was covered 12 hours ago by NewsBTC, a news publisher based in United Kingdom.
How trustworthy is 'NewsBTC' news outlet?
NewsBTC is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.
The outlet is headquartered in United Kingdom and publishes an average of 4 news stories per day.
It's most recent story was published 8 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
