{"id":10961,"date":"2024-02-23T13:37:10","date_gmt":"2024-02-23T11:37:10","guid":{"rendered":"https:\/\/forklog.com\/en\/pantera-capital-predicts-bitcoin-surge-to-147000-by-2025\/"},"modified":"2024-02-23T13:37:10","modified_gmt":"2024-02-23T11:37:10","slug":"pantera-capital-predicts-bitcoin-surge-to-147000-by-2025","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/pantera-capital-predicts-bitcoin-surge-to-147000-by-2025\/","title":{"rendered":"Pantera Capital Predicts Bitcoin Surge to $147,000 by 2025"},"content":{"rendered":"<div class=\"wp-block-text-wrappers-keypoints article_keypoints\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin is projected to rise to $147,000 by 2025.<\/li>\n<li>The DeFi ecosystem based on digital gold could reach a value of $72-450 billion.<\/li>\n<\/ul>\n<\/div>\n<p>Based on previous halving cycles, Bitcoin&#8217;s price is expected to drop to $35,448 in April 2024, followed by a rise to $147,000 in 2025, according to forecasts from Pantera Capital.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">With all the negative things that happened in 2022 and 2023, an important theme now is the absence of bad things.<\/p>\n<p>Read our Feb Blockchain Letter: <br \/>\u2014 Revisiting Bitcoin Programmability<br \/>\u2014 Protocols With Fundamental Traction<br \/>\u2014 Bitcoin Halving Impact<br \/>and more.<a href=\"https:\/\/t.co\/AMRLt8OVV8\">https:\/\/t.co\/AMRLt8OVV8<\/a><\/p>\n<p>\u2014 Pantera Capital (@PanteraCapital) <a href=\"https:\/\/twitter.com\/PanteraCapital\/status\/1760035680271388748?ref_src=twsrc%5Etfw\">February 20, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts estimate that the cryptocurrency market has entered the early phase of a major bull cycle, which could last 18\u201324 months.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-922.webp\" alt=\"1-922\" class=\"wp-image-226635\"\/><figcaption class=\"wp-element-caption\">Data: Pantera Capital.<\/figcaption><\/figure>\n<p>Specialists noted a shift from a phase of &#8220;terribly bad events,&#8221; such as the collapse of several centralized organizations, to a gradual recovery of the industry. This recovery was facilitated by favorable rulings for Ripple and Grayscale in legal battles against the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span>, as well as the <a href=\"https:\/\/u1f987.com\/en\/news\/sec-approves-all-11-spot-bitcoin-etf-applications\">launch<\/a> of spot Bitcoin ETFs.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-719.webp\" alt=\"2-719\" class=\"wp-image-226636\"\/><figcaption class=\"wp-element-caption\">Data: Pantera Capital.<\/figcaption><\/figure>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin as a Unique Asset<\/strong><\/h2>\n<p>Analysts highlighted the uniqueness of digital gold as a financial asset, evidenced by the following characteristics:<\/p>\n<ul class=\"wp-block-list\">\n<li>Market capitalization exceeds $900 billion, 60% more than Visa;<\/li>\n<li>Daily trading volume is $26 billion\u2014250% higher than Apple;<\/li>\n<li>Annualized volatility of 50%\u201420% lower compared to Tesla;<\/li>\n<li>Owned by over 220 million people worldwide (only six countries have a larger population);<\/li>\n<li>Hashrate is 500 times greater than the most powerful computer.<\/li>\n<\/ul>\n<p>The organization predicted the global spread of the first cryptocurrency in Latin America, Africa, and Asia.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If Wall Street&#8217;s financial system is not built for Bitcoin, then Bitcoin will have to take on this task,&#8221;<\/em> specialists emphasized.<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\"><strong>The Time for Bitcoin DeFi Has Come<\/strong><\/h2>\n<p>One of the drivers will be the formation of a DeFi ecosystem based on the first cryptocurrency. Analysts estimate its capacity could reach $72\u2013450 billion.<\/p>\n<p>This figure is based on extrapolating the total value of DeFi protocols on the Ethereum network, equivalent to 8\u201350% of its capitalization. Calculations were made before Bitcoin&#8217;s jump to $52,000.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-425.webp\" alt=\"3-425\" class=\"wp-image-226637\"\/><figcaption class=\"wp-element-caption\">Data: Pantera Capital.<\/figcaption><\/figure>\n<p>Improved market conditions could spur the development of services.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Technological breakthroughs and macroeconomic trends are bringing DeFi closer to a breakthrough moment in Bitcoin. Now is the time to take advantage of this,&#8221;<\/em> the report states.<\/p>\n<\/blockquote>\n<p>Experts predicted the end of the current &#8220;era of neglect.&#8221;<\/p>\n<h2 class=\"wp-block-heading\"><strong>Reasons for Interest<\/strong><\/h2>\n<p>Previously, Pantera Capital attributed the lack of developer activity to the &#8220;inflexible&#8221; nature of the blockchain.<\/p>\n<p>The situation changed with:<\/p>\n<ul class=\"wp-block-list\">\n<li><a href=\"http:\/\/cryptorium\/chto-takoe-podpisi-shnorra-chto-takoe-taproot\">the 2021 Taproot update<\/a>;\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/li>\n<li>Ordinals;\u00a0\u00a0\u00a0\u00a0<\/li>\n<li>BRC-20.<\/li>\n<\/ul>\n<p>Analysts noted signs of activity formation in DeFi and NFT on the Bitcoin network, similar to Ethereum in 2016-2017.<\/p>\n<p>The trend&#8217;s development could be driven by weakened trust following the collapse of several centralized services.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;A decentralized financial system may finally emerge based on Bitcoin. Its potential is similar to or even greater than DeFi on Ethereum today, although it follows a different evolutionary path,&#8221;<\/em> specialists concluded.<\/p>\n<\/blockquote>\n<p>In January, Pantera Capital <a href=\"https:\/\/u1f987.com\/en\/news\/pantera-capital-foresees-altcoin-surge-in-bull-market\">revealed<\/a> the prospects for altcoins in a bull market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin is projected to rise to $147,000 by 2025. The DeFi ecosystem based on digital gold could reach a value of $72-450 billion. Based on previous halving cycles, Bitcoin&#8217;s price is expected to drop to $35,448 in April 2024, followed by a rise to $147,000 in 2025, according to forecasts from Pantera Capital. With all [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10960,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1093,160,1145,1150,1138,1296],"class_list":["post-10961","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-defi","tag-halving","tag-market-analysis","tag-news-plus","tag-opinions","tag-pantera-capital"],"aioseo_notices":[],"amp_enabled":true,"views":"65","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10961","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=10961"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/10961\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/10960"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=10961"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=10961"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=10961"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}