ARK Invest’s Bold Bitcoin Prediction: $2.4M by 2030 in Bullish Scenario
ARK Invest has dramatically increased its Bitcoin price target for 2030, projecting a bullish scenario of $2.4 million per BTC—a 60% jump from its January 2024 estimate. This updated forecast reflects a 72% compound annual growth rate (CAGR), driven by revised assumptions about Bitcoin’s active supply and accelerating institutional adoption. The firm’s base case sits at $1.2 million (53% CAGR), while the bear case remains unchanged at $500,000. This bold prediction underscores ARK Invest’s confidence in Bitcoin’s long-term value proposition as a transformative asset class. The analysis suggests that Bitcoin’s scarcity and growing institutional interest could propel its price to unprecedented heights over the next decade. As of April 2025, this updated outlook comes at a time when Bitcoin continues to demonstrate resilience and growing mainstream acceptance, potentially paving the way for the cryptocurrency to reach these ambitious targets by 2030.
ARK Invest Raises 2030 Bitcoin Price Target to $2.4M in Bullish Scenario
ARK Invest has significantly revised its Bitcoin price target for 2030, now projecting a bullish scenario of $2.4 million per BTC—a 60% increase from its January 2024 estimate. The update reflects a 72% compound annual growth rate, driven by adjusted assumptions about active supply and institutional adoption.
The base case settles at $1.2 million (53% CAGR), while the bear scenario remains at $500,000. Analyst David Puell’s model evaluates Bitcoin’s potential across multiple sectors, including its evolution as "digital gold" and institutional investment vehicle. Bitcoin currently trades NEAR $94,000.
Roger Ver Paid $600K to Donald Trump Ally to Fight Crypto Charges
Roger Ver, the early Bitcoin adopter once dubbed ’Bitcoin Jesus,’ is embroiled in a high-stakes legal battle. Federal prosecutors have charged him with mail fraud, tax evasion, and filing false tax returns related to his 2014 citizenship renunciation. The case centers on allegations of $48 million in unpaid taxes.
Ver has launched an unconventional defense strategy beyond the courtroom. Disclosure filings reveal he paid $600,000 to Roger Stone, a longtime Trump confidant, to lobby Congress for amendments to the tax laws underlying his indictment. The payments commenced in February through a newly formed advocacy group.
In a January video statement, Ver framed his case as existential for crypto advocates, claiming potential exposure to ’over 100 years in prison.’ He attributes the tax shortfall to illiquid Bitcoin markets during his transition from U.S. citizenship, not willful evasion.
Is Bitcoin a Risk-On or Risk-Off Asset? A Comparative Analysis with Gold and Stocks
Bitcoin’s classification as a risk-on or risk-off asset remains a pivotal debate among investors. Its decade-long trajectory showcases both explosive returns and stomach-churning volatility, setting it apart from traditional SAFE havens like gold or equities. The cryptocurrency’s inverse correlation with the U.S. dollar during risk-off periods suggests hybrid characteristics—behaving like tech stocks during bull markets while occasionally mimicking gold’s store-of-value narrative.
Market participants increasingly treat BTC as a Leveraged bet on global liquidity. When central banks ease, Bitcoin thrives; when risk appetite sours, it often leads crypto selloffs. This duality creates unique hedging opportunities—portfolio managers now weigh BTC allocations against both Nasdaq futures and Treasury yields.
Bitcoin Whales Drive Market Recovery as BTC Rebounds to $94,000
Bitcoin’s price surge to $94,000 marks a sharp recovery from lows below $75,000 earlier this month. On-chain data reveals crypto whales—large holders with outsized market influence—are aggressively accumulating BTC, lending credence to the rally’s sustainability.
Glassnode’s Accumulation Trend Score, which measures net buying activity among wallet cohorts, shows entities holding 10,000+ BTC scoring 0.9 (near maximum accumulation). Mid-tier whales (1,000-10,000 BTC) follow at 0.7, while smaller wallets pivot toward accumulation with a 0.5 score. The metrics suggest institutional-grade conviction is returning to the market.
BlackRock’s Bitcoin ETF Predicted to Dominate Global ETF Market Within a Decade
Michael Saylor, Chairman of MicroStrategy, forecasts that BlackRock’s iShares Bitcoin Trust (IBIT) will become the world’s largest ETF within ten years. The bold prediction comes as U.S. spot Bitcoin ETFs collectively attract $2.8 billion in net inflows over five trading days, propelling BTC prices from $85,000 to $94,000.
IBIT alone captured $1.3 billion of these inflows, demonstrating institutional appetite for Bitcoin exposure. The ETF currently holds a $54 billion market capitalization with Thursday’s trading volume exceeding $1.5 billion. This growth trajectory positions IBIT to challenge traditional market leaders like the Vanguard S&P 500 ETF (VOO), which currently commands a $593.5 billion valuation.
Senator McCormick Invests $1M in Bitcoin ETF Ahead of Trump’s Crypto Policy Shift
Senator Dave McCormick of Pennsylvania has emerged as Congress’s largest Bitcoin investor, disclosing over $1 million in Bitcoin ETF holdings. The move comes as cryptocurrency takes center stage in U.S. politics, following Donald Trump’s pro-crypto campaign that secured his 2024 election victory.
The political landscape has shifted dramatically, with Trump’s early embrace of digital assets galvanizing the crypto community. Democrats, including Kamala Harris, scrambled to adopt crypto-friendly positions but failed to match Trump’s decisive stance. Now, with the former president returning to power, institutional and political adoption of cryptocurrency is accelerating.
