Ryan Rasmussen, head of research at Bitwise, discussed what 2025 will look like for the crypto industry in a recent podcast interview with Jay Hamilton.
He touched on several key aspects that will define trends in the coming year according to Bitwise’s 2025 crypto predictions.
These aspects include crypto IPOs, stablecoins, Coinbase v. Schwab, crypto exchanges joining elite indices, Bitcoin price and global adoption, meme coins driven by artificial intelligence and many other aspects.
Rasmussen predicted that Coinbase will surpass Charles Schwab in 2025, becoming the most valuable financial services company in the world.
Additionally, Coinbase will see its stock double to a high of $700 per share next year. Here are more crypto predictions for 2025 as explained by Rasmussen.
2025 will be the year of the crypto IPO
Bitwise analyst, Ryan Rasmussen, said that at least five crypto unicorns will become active in the US. Unicorn is a private company valued at more than one billion US dollars.
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The analyst shared that Circle is their top contender and that the company will go public. “I think there will probably be closer to 10 crypto unicorns in 2025,” Rasmussen said.
What is the Bitcoin Arms Race?
The number of countries that currently hold bitcoin is nine. According to Bitwise Crypto Predictions in 2025, Rasmussen said,
“We believe countries will come out and start buying bitcoin. We continue to see more and more countries considering… creating a national or strategic Bitcoin reserve.”
He also shared a map showing the countries that currently hold Bitcoin.
He further mentioned that this phenomenon is called the “arms race” or the “space race” of Bitcoin, adding,
“…there is this game theory that we believe will play out much like the space race where no country wants to be last.”
Coinbase and MicroStrategy will enter elite indices
According to Bitwise’s predictions, Coinbase will be listed in the S&P 500 and MicroStrategy will be listed in the NASDAQ 100 in 2025.
According to the analyst, this will be a good addition to any US investor’s portfolio with additional crypto exposure. In fact, this is already happening since Micro Strategy will enter the NASDAQ 100 even before the end of 2024.
AI driven Memecoin Mania
Rasmussen said AI-powered tokens will lead memecoin mania more than memecoin mania in 2024. He finds the intersection of crypto and artificial intelligence really fascinating.
A Bitwise analyst said: “To me, it’s just an interesting intersection of two disruptive technologies that are finding a way to create more value and be innovative in ways that no one could think of on their own.”
Bitcoin will surpass gold in 2029
Ryan Rasmussen believes that Bitcoin will surpass the $18 trillion gold market in 2029. He predicted that the price of Bitcoin will jump over $1 million in 2029.
He talked about the Bitcoin trend, starting in 2011 when Bitcoin could be accessed on any type of exchange platform. Then, in the next three years, its value grew, only to experience a 58% decline.
Ethereum was developed in 2015, followed by an ICO cycle in 2016 and 2017. However, 2018 saw a major 75% drop in the price of Bitcoin.
Additionally, Rasmussen predicted that the value of Bitcoin will reach $200,000 in 2025.
