A recent report from Fidelity Digital Assets raises questions about Bitcoin’s future price movements. Analyst Zack Wainwright suggests that Bitcoin may still be in an “acceleration phase,” which is known for high volatility and potential profits, similar to its rise above $20,000 in late 2020. Although Bitcoin is currently down from its all-time high and ...
Fidelity Digital Assets has shared an optimistic report about the future of cryptocurrency, predicting exciting developments for 2025. The report highlights three key trends: increasing adoption of Bitcoin by countries like Bhutan and El Salvador, the rise of tokenization, which could significantly boost the value of digital assets, and the introduction of more structured digital ...
Fidelity, a global asset management firm, expects more countries to start stockpiling Bitcoin in 2023. In their recent report, analyst Matt Hougan highlighted that governments like Bhutan and El Salvador are leading the way in accumulating Bitcoin. He predicts that other nations might follow suit, inspired by the profits seen from Bitcoin investments. There’s also ...
