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Crypto

Canadian billionaire calls $200,000 bitcoin forecast less plausible than aliens

Canadian billionaire and gold advocate Frank Giustra criticised forecasts that bitcoin could rise to $150,000 to $200,000 in 2026, saying the existence of aliens was more plausible. The exchange followed a post by crypto commentator Chris Millas. Giustra has also rejected bullish price targets cited by Cathie Wood of ARK Invest for 2030 and said bitcoin would not reach $1 million. The debate underscores clashes between bitcoin optimism and scepticism.

Crypto

Bitcoin retirement strategy re-emerges; 2 to 5 BTC seen needed around 2030

An analysis said 2 to 5 bitcoin may be needed to fund retirement around 2030, depending on price scenarios and withdrawal rates. BeInCrypto reported that institutional participation is boosting optimism but volatility risks remain. VanEck outlined a base scenario of $1 million by 2031, while other forecasts ranged from $120,000 to $250,000 by end-2026. Models using 4 percent and 6 to 8 percent withdrawal rates produced differing BTC requirements.

Crypto

VanEck bullish calls contrast with prediction markets\' 9 percent odds of $1 million bitcoin within five years

Market views are split on whether bitcoin will reach $1 million before 2030. VanEck digital assets research head Matthew Sigel said in a CNBC interview that bitcoin could hit $1 million within the next few years, comparing its adoption to the spread of video games across generations. VanEck sees about $2.9 million by 2050 in its base case. Prediction markets are more cautious, putting the chance of $1 million before 2030 at 9 percent.