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VanEck says strategic Bitcoin reserve could hold up to 35% of US debt by 2050

Cryptopolitan 22 Dec 2024
Investment manager VanEck has projected that the Bitcoin Reserve, as proposed under Senator Cynthia Lummis’s BITCOIN Act, could hold up to 35% of the US national debt by 2050 ... It further assumes Bitcoin will compound at 25% annually over the same period from the base of $200,000 in 2025 ... Based on this assumption, Bitcoin would be worth $42.3 million by 2049 ... “Bitcoin doesn’t have to undermine the dollar.

Peter Schiff’s FOMO: Why he wants USA coin instead of Bitcoin

Cryptopolitan 22 Dec 2024
Peter Schiff, a harsh critic of Bitcoin, has proposed a government-backed digital currency, “USA Coin.” This shift suggests he’s reconsidering his stance on cryptocurrency, favoring centralized control ... For years, Peter Schiff, vocal Bitcoin critic. He has repeatedly argued that Bitcoin lacks intrinsic value, generates no income, and is driven purely by speculation.

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# Name Price Volume (24h) % Change (24h)
1 Bitcoin (BTC) $ 9379.51121871 29291234397.1 -2.12 %
2 Litecoin (LTC) $ 68.6382381813 5720089694.18 -1.62 %
3 Ethereum (ETH) $ 181.975638826 11767008363.1 -0.48 %
4 Veritaseum (VERI) $ 18.45 0 0.00 %
5 EOS (EOS) $ 4.206085936 3774755482.59 -0.25 %
6 Centra (CTR) $ 0.01471 0 0.00 %
7 DigiByte (DGB) $ 0.0062005626 942236.540577 0.00 %
8 AdEx (ADX) $ 0.05420 88877.21 -1.21 %
9 Humaniq (HMQ) $ 0.004962 14208.2208233 0.00 %
10 Private Instant Verified Transaction (PIVX) $ 0.2293 734764.276735 -3.14 %
11 XRP (XRP) $ 0.2412959304 1903216173.21 0.88 %
12 Bitshares (BTS) $ 0.0211442821 3198719.09431 -1.80 %
13 BitSwift (SWIFT) $ 0.4051 0 0.00 %
14 OmiseGo (OMG) $ 0.9035012009 73564679.2141 2.52 %
15 Sphere Coin (SPHR) $ 0.06553 0 0.00 %
16 Ethereum Classic (ETC) $ 11.5038562535 2965506879.02 -0.61 %
17 NEM (XEM) $ 0.0454819175 29553422.0555 0.00 %
18 Rivetz (RVT) $ 0.007995 9993 -20.90 %
19 MaidSafe Coin (MAID) $ 0.1110 1367484.96476 -0.32 %
20 FunFair (FUN) $ 0.003110 659876.996354 -2.81 %
21 Paragon (PRG) $ 0.01592 362.34112 -12.81 %
22 Stratis (STRAT) $ 0.3037 985978.792886 -0.12 %
23 NavCoin (NAV) $ 0.1015 659640.563461 -1.83 %
24 Rise (RISE) $ 0.002627 44551.98061 3.45 %
25 Verge (XVG) $ 0.0037872163 759364.83599 5.08 %
26 Reddcoin (RDD) $ 0.0007190 40259681.7228 25.00 %
27 TenX (PAY) $ 0.05483 456707.500823 -0.13 %
28 Waves (WAVES) $ 0.8912100364 82970286.3014 1.84 %
29 Lisk (LSK) $ 1.0365054837 6082448.73385 6.17 %
30 KickCoin (KICK) $ 0.0000969519 57571.4577545 5.26 %
31 Monero (XMR) $ 72.1346716882 107010674.883 0.86 %
32 Komodo (KMD) $ 0.6368109417 2702396.03471 3.95 %
33 BitcoinDark (BTCD) $ 22.00 0 0.00 %
34 Dash (DASH) $ 129.41 44110.8016989 2.43 %
35 Gnosis (GNO) $ 15.82 542.73541475 -0.64 %
36 Populous (PPT) $ 0.5442 589469.581183 5.01 %
37 NEO (NEO) $ 11.5080200258 470747259.833 7.02 %
38 BitConnect Coin (BCCOIN) $ 1.00 0 0.00 %
39 Tether (USDT) $ 1.0003916102 40283398497.6 0.00 %

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VanEck says strategic Bitcoin reserve could hold up to 35% of US debt by 2050

Cryptopolitan 22 Dec 2024
Investment manager VanEck has projected that the Bitcoin Reserve, as proposed under Senator Cynthia Lummis’s BITCOIN Act, could hold up to 35% of the US national debt by 2050 ... “Bitcoin doesn’t have to undermine the dollar.
Edit

Peter Schiff’s FOMO: Why he wants USA coin instead of Bitcoin

Cryptopolitan 22 Dec 2024
Peter Schiff, a harsh critic of Bitcoin, has proposed a government-backed digital currency, “USA Coin.” This shift suggests he’s reconsidering his stance on cryptocurrency, favoring centralized control.
Edit

Analyst Says Bitcoin Price Peak Lies Above $225,000, The Timeline Will Shock You

NewsBTC 22 Dec 2024
As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close ... Analyst Predicts Bitcoin Price Surge Above $225,000 By June 2025.
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How Strategic Bitcoin Reserves Could Help Offset US Debt, CEO Explains

Bitcoinist 22 Dec 2024
Specifically, the reelection of Donald Trump revived Bitcoin and the entire crypto market after an uninspiring second and third quarter ... Why Should The US Establish Strategic Bitcoin Reserves?.
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Bitcoin Bull Cycle Remains Far From Over Despite Price Fall – Here’s Why

Bitcoinist 22 Dec 2024
In a rather unseemingly fashion, Bitcoin’s (BTC) journey to a new all-time high at $108,268 was followed by an estimated 17% decline pushing the asset’s price to a local bottom of $92,281 ... Bitcoin Price Overview.
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Bitcoin FUD Hits Highest Point of the Year: What Does This Mean BTC Bull Run?

Coin Edition 22 Dec 2024
Bitcoin drops to $95K, facing renewed market uncertainty after failing to reclaim $100K ... Historical patterns indicate that extreme pessimism could signal a potential bullish reversal for Bitcoin ... Bitcoin FUD Now at Historic Levels.
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Peter Schiff Releases an Upgraded Version of His Proposed USAcoin

Coin Edition 22 Dec 2024
According to Schiff, the USAcoin will make a better reserve coin than Bitcoin. Renowned Bitcoin critic Peter Schiff has upgraded the design for his proposed cryptocurrency, the USAcoin ... The Bitcoin ...
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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

The Daily Hodl 22 Dec 2024
An analyst who continues to build a following with macro crypto calls believes Bitcoin (BTC) is almost ready to enter the parabolic stage of its market cycle ... At time of writing, Bitcoin is trading for $97,274.
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Veteran Trader Peter Brandt Predicts New Bitcoin Price Target

CoinGape 22 Dec 2024
Bitcoin price has noted a strong recovery this weekend after a sharp decline recently falling below the $91K mark ... Peter Brandt Predicts Bitcoin Price Rally Ahead. The Bitcoin price, alongside the top ...
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Bitcoin Drops Below $100,000: The End Or Beginning Of The Crypto Bull Market?

NewsBTC 22 Dec 2024
Bitcoin, the titan of the cryptocurrency world with a market cap hovering around $1.9 trillion, has experienced a significant downturn, dipping below the psychological threshold of $100,000 ... Bitcoin.
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Crypto Prices Today December 22: BTC Below $97K, SOL Drops 7%, WIF Falls 13%

CoinGape 22 Dec 2024
Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week ... Bitcoin Price Today.
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Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

Bitcoin 22 Dec 2024
From Dormant to Dynamic In the past 12 hours, bitcoin has ....

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