Bitwise has reiterated its optimistic Bitcoin forecast, maintaining a $200,000 price target for 2025 despite increasing global trade tensions. In a recent blog post, Matt Hougan, Chief Investment Officer at Bitwise, supported the firm's previous prediction, suggesting that current geopolitical shifts, particularly related to U.S. trade policies under President Donald ...
Matt Hougan, Chief Investment Officer at Bitwise, is skeptical about traditional financial institutions successfully entering the stablecoin market. He expressed concerns on X about major banks' ability to capture significant market share in this sector. His remarks come in response to recent comments by Bank of America (BofA) CEO Brian ...
U.S. President Donald Trump’s recent executive order on cryptocurrency may disrupt the market’s traditional four-year boom-and-bust cycle, according to Matt Hougan, chief investment officer at Bitwise. In a note dated January 29, Hougan described Trump’s sweeping January 23 order as a catalyst for the “full mainstreaming of crypto,” opening the ...
