Ryan Rasmussen, Head of Research at Bitwise, outlined his predictions for 2025 in the crypto industry during a podcast. Discussions included crypto company IPOs, country adoption of Bitcoin, and emerging tech trends.
2025 Will Be The Year Of Crypto IPO
According to Bitwise analyst Ryan Rasmussen, at least five crypto unicorns will go public in the US. Circle is their prime candidate for going public, and the number might reach ten such companies.
The Bitcoin Arms Race
Currently, nine countries hold bitcoin. Bitwise predicts that by 2025, more countries will start buying more bitcoin, forming it as national or strategic reserves. This has been termed as a 'bitcoin arms race.'
Coinbase and MicroStrategy Will Enter Elite Indexes
According to Bitwise's prediction, Coinbase will join the S&P 500 index while MicroStrategy will enter the NASDAQ 100 in 2025, offering investors more opportunities to include crypto assets in their portfolios.
Bitwise's predictions promise significant changes in the crypto industry by 2025, including IPOs, increased country adoption of Bitcoin, and a memecoin craze driven by AI. This could drastically alter the balance of power in financial markets and the integration of cryptocurrencies into traditional investment portfolios.
