Search results for Rick Edelman
Crypto
U.S. regulatory clarity could lift bitcoin; legendary investor says $150,000 possible
Bitcoin could rise above $150,000 by the end of 2026 if U.S. regulation becomes clearer, according to a forecast cited by The Crypto Basic. Rick Edelman said the CLARITY Act could be a turning point by reducing regulatory uncertainty and enabling Wall Street to participate more actively. He said even a 2 to 3 percent allocation by major firms could bring large inflows. He also argued for higher equity and crypto exposure in long-term portfolios.
Crypto
Rick Edelman says stablecoin interest rate row could threaten crypto regulatory clarity
Financial expert Rick Edelman warned that a dispute over stablecoin interest rates could threaten clarity on cryptocurrency regulation, CoinDesk reported on Monday. Appearing on \"Market Outlook\", he said the issue is not one the crypto industry should insist on and called for compromise to pass a bill. He said banks oppose stablecoins over deposit outflows and have strong lobbying power. He also said Bitcoin could reach $500,000 by 2030.
Crypto
Bitcoin at $10,000 or $500,000? Bears and bulls remain locked in standoff
Bitcoin has become the focus of market debate as projections split between a surge to $500,000 and a slide to $10,000. Bitcoin advocate Andrew Parrish calls recent declines an opportunity, citing extreme fear readings and ETF outflows as a chance to accumulate. Investor Rick Edelman also sees a path to $500,000 by 2030 through broader global allocation. Bloomberg Intelligence strategist Mike McGlone warns of an 85% drop.
