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Analyst Predicts 30% Shiba Inu Rebound to a Crucial EMA Resistance

Elendu Benedict
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Analyst Predicts 30% Shiba Inu Rebound to a Crucial EMA Resistance

With Shiba Inu continuing to hold support, an analyst has predicted a strong rebound to retest a crucial daily exponential moving average (EMA).

Shiba Inu (SHIB) has been fluctuating between $0.000010 and $0.0000099 recently amid persistent struggles. This mirrors the directional uncertainty witnessed by Bitcoin and among major altcoins.

Expect a Shiba Inu Bounce

However, analyst SwallowAcademy believes that Shiba Inu is on the cusp of a significant upward move. The market watcher shared this in his TradingView analysis on Wednesday.

He highlighted that despite the underwhelming SHIB price development, it still holds a crucial support area. With Shiba Inu maintaining this critical demand zone, the analyst shared a prediction of a rebound to higher prices.

Moreover, the recent dip created a visible gap that prices need to fill. An accompanying chart shows that Shiba Inu dropped below a support area between $0.00001145 and $0.00001264, highlighted in green.

Shiba Inu and the 200-day EMA
Shiba Inu and the 200-day EMA

The marked area had provided support for the price of Shiba Inu several times during its multi-month-long consolidation. Hence, the analyst suggests that Shiba Inu would bounce from the current price of $0.0000100 to reclaim that zone, which has now become resistance.

200-Day EMA Next Target

Notably, SwallowAcademy had earlier identified the 200-day EMA as a resistance stronghold for the prominent meme coin. An earlier commentary highlighted how the indicator has suppressed bullish momentum for Shiba Inu on four instances since May.

Notably, the tops at $0.00001765 in May, $0.00001597 in July, and $0.00001484 in September have all followed a rejection near the EMA. Now, the latest commentary asserts that SHIB would most likely retest the area.

SwallowAcademy suggested that the move would not just fill gaps but also provide insight into the next trajectory of Shiba Inu. How the token reacts to the resistance will determine whether it is ready for a momentous bullish shift if it breaks above or if it will continue to consolidate following a rejection.

Meanwhile, the 200-day EMA trends at $0.00001299 at the time of writing. From the current market price of $0.000010, an increase to this indicator represents a 30% price growth.

Remarkably, this aligns with an outlook from “ForexDreamVantage,” which claimed that Shiba Inu is still alive. He shared that holding the current support would pave the way for a rebound towards the “trend reversal zone” at $0.00001765. Reclaiming this resistance would shift momentum from bearish to bullish for the token, encouraging an adventurous northward price drive.

Shiba Inu Security Outfit Issues New Crucial Warning to SHIB Holders

Lele Jima
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Shiba Inu Security Outfit Issues New Crucial Warning to SHIB Holders

Shiba Inu official scam alert channel, Susbarium (alias Shibarium Trustwatch), has issued a new security warning about an ongoing phishing scam targeting members of the community.

In the message, Susbarium warned the community about a malicious website designed to drain the wallets of unsuspecting Shiba Inu investors. 

Key Details of the Scam 

According to Susbarium, the fraudulent domain, https://app-shib-io.pages.dev/snapshot, has been designed to look identical to Shiba Inu’s official portals, including ShibaSwap and Shib.io. 

The rationale behind cloning the visual layout of official platforms is to make the malicious website appear legitimate, effectively tricking users into connecting their wallets.

Notably, scammers behind such platforms use fake promotions and offers such as presales, bonuses, and cross-chain swaps to lure users into connecting their wallets. 

Once connected, the scammers would automatically gain access to the wallet, effectively draining users’ funds without further consent. 

Shib.io Remains the Official Hub of Shiba Inu Ecosystem 

Meanwhile, Susbarium reiterated that Shib.io remains the only legitimate platform for the Shiba Inu ecosystem. It emphasized that the broader Shiba Inu community and ecosystem developers have verified the platform. 

The Shib.io platform serves as the official hub for all Shiba Inu ecosystem tokens, including LEASH, BONE, SHIB, and TREAT, as well as ShibaSwap and other official initiatives. 

Recurring Shiba Inu-Related Scams 

Meanwhile, the alert channel warned that scammers are also impersonating official admins and moderators across social media platforms. This trend has been ongoing for several years, with Susbarium reporting this malicious practice.

In 2023, scammers promoted a fake SHIB giveaway via an X account impersonating lead developer Shytoshi Kusama. 

Susbarium also warned users about fake accounts impersonating Shiba Inu’s developers on Telegram in June 2024. Besides alerting users about impersonation scams, Susbarium has consistently highlighted other malicious activities targeting unsuspecting users. 

Earlier this year, Susbarium reported that scammers had launched different ShibaSwap websites to drain users’ assets. 

Tips to Stay Safe 

In the meantime, Subarium outlined safety tips to help protect users against the latest phishing scam and related attempts. It advised users against connecting their wallets to unverified or suspicious platforms. 

Since scammers often use lookalike domain names, Shiba Inu community members are urged to always double-check URLs before clicking on links. Users who have already interacted with malicious platforms are advised to use revoke.cash to revoke token approvals and permissions immediately. 

In addition, Susbarium advised users to report any phishing website to their wallet providers or the browser’s security team and to follow only official channels across various social media platforms, including X, Telegram, and Discord. 

Shiba Inu Adds a Zero to Its Price, Here’s How Much More SHIB Can Fall

Lele Jima
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Shiba Inu Adds a Zero to Its Price, Here’s How Much More SHIB Can Fall

Following the recent shakeout across the crypto market, Shiba Inu has now added an extra zero to its price.

This development has left investors wondering how much further the token could decline. Notably, the downtrend began on October 10, and since then, SHIB’s price has added an additional zero, bringing the total number of zeros after the decimal point to five.

Shiba Inu Now Under $0.000001

For context, Shiba Inu crashed to a multi-year low of $0.0000074 following the October 10 flash crash. However, the asset demonstrated resilience and quickly reclaimed $0.000010 the following day.

Despite this brief recovery, Shiba Inu slipped again to around $0.00000933 on October 17 before bouncing back once more. The canine-themed token managed to hold its ground briefly, resisting bearish pressure that threatened to keep it trading with five zeros.

However, Shiba Inu lost this battle yesterday, as it eventually added another zero to its price. This time, it crashed to a low of $0.000009666. While it has rebounded slightly from this level, Shiba Inu is still trading with an extra zero at press time. At the moment, it is at $0.000009894, marking a 24-hour decline of 1.66%.

Shiba Inu chart TradingView
Shiba Inu chart TradingView

How Low Can Shiba Inu Fall?

Following its recent decline, investors are now questioning how much further Shiba Inu could fall. For context, SHIB recorded its all-time low (ATL) just a few weeks after its launch. CoinMarketCap lists Shiba Inu’s ATL at $0.00000000008165, while CoinGecko reports an even lower figure of $0.000000000056.

While many enthusiasts do not think SHIB will ever revisit its all-time low, analysts believe SHIB could drop lower from its current price if it fails to hold key support areas. One of those who shares this sentiment is “The Coin Cartel,”

In a tweet, he noted that while Shiba Inu on-chain holders have soared recently, the token is struggling to stay above the $0.000009 support zone. However, if that support fails, SHIB risks dropping to $0.0000080, which was last seen on October 10.

However, investors are still skeptical whether SHIB would revisit the October 10 low of $0.0000074 amid the ongoing market downtrend.

Notably, pseudonymous analyst Trader0028 suggested that SHIB could drop to a low of $0.000006, which would ultimately serve as a key support before a potential rebound.

In the meantime, Shiba Inu continues to face intense bearish pressure. Over the past few days, the token’s exchange reserves have risen steadily, with an additional 56.68 billion SHIB deposited within 24 hours.

This surge suggests that more investors may be preparing to offload their holdings, which could potentially push SHIB’s price downwards.

T. Rowe Price Files for Crypto ETF Tracking XRP, Cardano

Mark Brennan
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T. Rowe Price Files for Crypto ETF Tracking XRP, Cardano

Legacy asset manager T. Rowe Price has made its first attempt to offer a crypto ETF tracking the performance of major digital assets like XRP and Cardano.

The $1.77 trillion Baltimore-based firm filed an S-1 form with the US Securities and Exchange Commission (SEC) on Wednesday, according to the regulator’s official website. Termed the T. Rowe Price Active Crypto ETF, the fund will offer exposure to “eligible assets” that meet its criteria at the time of filing.

New ETF Tracking the Performance of XRP and Cardano

Notably, the eligible assets include Bitcoin, Ethereum, XRP, Dogecoin, Solana, Cardano, Hedera, Chainlink, Shiba Inu, Avalanche, Bitcoin Cash, Polkadot, Lumen, and Litecoin. The mixed crypto ETF would have most of its weight on BTC and Ether, with other assets comprising a smaller percentage.

The T. Rowe Price Active Crypto ETF is the first digital asset-based fund for the manager, aiming to build on the success of previously launched ETFs. For context, the Bitcoin and Ethereum ETFs have attracted billions in inflows since launch, with BlackRock’s Bitcoin spot ETF becoming the most successful fund in ETF history.

Meanwhile, the Wednesday filing noted that it seeks to outperform the FTSE Crypto US Listed ETF.

Notably, the number of cryptocurrencies in the fund can vary depending on the asset manager’s discretion. The fund will hold between 5 and 15 tokens but can still exceed the upper boundary or fall below the lower boundary at any time.

The filing adds to the expanding list of ETFs offering spot access to XRP and Cardano. Grayscale earlier filed for an ADA spot ETF, while asset managers like 21 Shares, Bitwise, Franklin Templeton, and Canary Capital, among others, have filed for the XRP spot ETF.

Growing Commingling Between TradFi and Crypto

For the uninitiated, T. Rowe Price is a legacy asset manager that has been around since 1937. It focused mainly on mutual funds before its recent interest in crypto.

Analysts believe this highlights the growing adoption of the digital asset sector by the traditional financial system.

“Can’t overstate significance of T. Rowe Price filing for an actively managed crypto ETF out of left field,” NovaDius Wealth Manager President Nate Geraci tweeted.

He added that thinking that the cryptocurrency would go away is not a good business strategy. Furthermore, he stated that this could be the first step before a venture into securities tokenization.

Meanwhile, the US SEC cannot work on the T. Rowe Price or any other ETF application presently. This is because the US government shutdown remains ongoing, limiting the activities of the securities watchdog. Many believe that upon resumption, the commission will approve multiple altcoin ETFs lying on its desk, including the XRP and Cardano ETFs.

Tucker Carlson Claims CIA Created Bitcoin

Albert Brown
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Tucker Carlson Claims CIA Created Bitcoin

Former Fox News host Tucker Carlson has renewed speculation about the origins of Bitcoin, claiming it may have been created by the Central Intelligence Agency (CIA).

Speaking at a Turning Point USA event at Indiana University on Tuesday, Carlson said the lack of clarity surrounding Bitcoin’s mysterious founder, Satoshi Nakamoto, prevents him from investing in it.

Carlson’s Doubts About Bitcoin Creator

Carlson told the audience he finds it troubling that no one can explain who Nakamoto was or why he vanished. Drawing on his upbringing in a government-connected family in Washington, D.C., he said:

“That’s my guess—CIA. I can’t prove it, but nobody has another answer.”

Furthermore, he questioned why billions of dollars’ worth of Bitcoin linked to Nakamoto’s accounts remain untouched.

“Would you invest in something when the founder is unknown and controls billions in dormant coins?” he asked, calling it a matter of trust and transparency.

Echoes of Previous Remarks

Interestingly, Carlson made similar remarks last year at a private Bitcoin 2024 event, where he laughed and said, “Obviously, it was the CIA, we all know that. It’s like Signal—they got there first. It’s a honeytrap!”

Although the comment was partly in jest, it reflected his ongoing suspicion that U.S. intelligence agencies might have played a role in Bitcoin’s creation.

At the same event, he also described cryptocurrencies as a tool for financial independence, even if they originated within government agencies.

Conspiracy Theory vs. Confirmed Facts 

Claims linking Bitcoin to the CIA have circulated for over a decade, particularly on online forums such as Reddit. However, no credible evidence supports these theories. 

Indeed, the CIA has acknowledged running programs related to cryptocurrency tracking to counter ransomware and illicit financial activity.

Former CIA Director Michael Morell has described blockchain as a “boon for surveillance” and an effective tool for law enforcement. 

Beyond that, there is no public proof suggesting the agency invented Bitcoin. Most experts dismiss the idea as speculative.

Carlson’s Mixed View on Bitcoin

Despite these doubts, Carlson said he still sees Bitcoin as a powerful force for personal freedom. He described it as a tool that allows ordinary people to operate outside centralized control.

“Crypto gives people the ability to manage their own affairs without oversight,” he said.

Nevertheless, he believes Bitcoin must evolve beyond being a store of value to become a mainstream medium of exchange. For that to happen, he said, the network must offer greater privacy and be more widely accepted for everyday transactions.

Future Outlook

In conclusion, Carlson stated that if Bitcoin solved its privacy and adoption challenges, he would reconsider his position.

“If those issues were fixed,” he said, “I’d sell everything and put it all into Bitcoin.”

While Carlson’s theory remains unproven, his remarks highlight a lingering fascination and suspicion about the true origins of the world’s first decentralized currency.

Pundit Shares the ‘Final 2025 XRP Timeline,’ Predicts XRP Price

Sam Wisdom Raphael
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Pundit Shares the ‘Final 2025 XRP Timeline,’ Predicts XRP Price

An XRP community pundit has shared his “final 2025 XRP timeline,” predicting XRP’s possible price by December 2025.

Zach Rector, a well-known XRP community commentator, presented this in one of his latest disclosures on XRP price outlook. The disclosure comes when XRP is facing intense downward pressure amid a broader market downturn. Interestingly, Rector believes this downtrend is part of the journey to greater heights.

“Final 2025 XRP Timeline”

In his X commentary, the market pundit revealed what he called the “final 2025 XRP timeline,” breaking down how XRP could move from the current bearish position to reach a price between $5 and $12 by the first half of December 2025. 

He first called attention to historical data that supports his case, pointing out that XRP faced similar struggles just before the U.S. elections in November 2024. Specifically, XRP, which hit a high of $0.6540 on Oct. 1, 2024, witnessed selling pressure as October progressed, dropping to a low of $0.4860 by Oct. 25. This marked a 25% decline for XRP.

XRP October 2025 Drop Zach Rector
XRP October 2025 Drop | Zach Rector

Notably, Rector noted that at this point, most analysts suggested that XRP would miss this bull rally just like it did during the 2020/2021 market run. Notably, market veteran Raoul Pal advised investors to look to other assets, arguing that assets like XRP and Cardano (ADA) are dead. 

However, XRP defied the bearish expectations, soaring rapidly following the U.S. elections in November 2024. From a price of $0.5 on Nov. 4, XRP rallied to a peak of $3.4 by January 2025. This represented an over 580% gain for the crypto asset within two months. 

XRP Now Eyeing $5 to $12 by December

Highlighting the similarities with recent trends, Rector noted that this October, XRP dropped 49% amid the current market uncertainties before rebounding. The pundit pointed out that this is similar to the 60% crash XRP witnessed at the start of 2017 during the 2017/2018 bull market. Interestingly, after this drop, XRP rallied 61,000% to $3.31.

XRP 49% Drop This October Zach Rector
XRP 49% Drop This October | Zach Rector

Rector then overlaid the October to December 2024 fractal with XRP’s current price situation on the logarithmic chart. He found that if the structure holds, XRP could soar to a price of $5 to $12 by December 2025. According to him, XRP could see its meteoric push in November 2025, pointing out Nov. 5 as a pivot point to watch.

Final 2025 XRP Timeline Zach Rector
Final 2025 XRP Timeline | Zach Rector

Notably, multiple analysts have already predicted a possible XRP price run to the $5 to $12 range. For instance, in July, market watcher EGRAG Crypto projected that the XRP “Valhalla Gate” could push prices to a lower range of $12. Earlier, in December 2024, EGRAG also set uptrend targets of $6 to $8.

Here’s XRP Price if XRP ETFs Get Only Half of Bitcoin ETF 2025 Inflows

Sam Wisdom Raphael
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Here’s XRP Price if XRP ETFs Get Only Half of Bitcoin ETF 2025 Inflows

The XRP price could jump to greater heights if, after approval, XRP ETFs get only half of the 2025 inflows from Bitcoin ETFs in two years.

Amid the ongoing U.S. government shutdown, the U.S. Securities and Exchange Commission has not ruled on multiple XRP spot ETFs despite their deadlines. For perspective, several filings, including those from Grayscale, 21Shares, and Bitwise, had deadlines ranging from Oct. 18 to Oct. 20. 

XRP ETFs Prospects Still Bullish

Meanwhile, others such as CoinShares, WisdomTree, and Franklin Templeton have later deadlines. However, with the government shutdown still in effect, Grayscale, 21Shares, and Bitwise have not seen a decision on their filings. Nonetheless, several market watchers, including Oliver Michel, CEO of German firm Tokentus, believe the SEC will grant approval once the shutdown ends.

Should the sort of widespread approval analysts expect actually materialize, industry leaders like Canary Capital CEO Steven McClurg believe XRP ETFs could see massive inflows. For instance, McClurg has predicted inflows ranging from $5 to $10 billion in the first month of trading. 

Now, even if the lower end of this projection plays out, what happens after a month of trading? Notably, while Ethereum ETFs underperformed in their first four months, seeing a total netflow of -$480 million then, they picked up momentum much later, with total netflows hitting $14.57 billion at press time.

This shows that it could also be up only for XRP spot ETFs, positively impacting the XRP price. Considering this prospect, we recently assessed how much the XRP price could increase if, in two years, XRP spot ETFs capture just 50% of the inflows recorded by Bitcoin ETFs this year alone.

XRP Price if It Captures 50% of Bitcoin ETFs’ 2025 Inflows

For context, Bitcoin ETFs have seen a cumulative net inflow of $65.17 billion since launch, according to Sosovalue. Of this figure, $26.6 billion has come from this year alone. This is despite the poor performance from these products since Oct. 10, having lost $533 million within this period.

Notably, if XRP ETFs capture 50% of this figure in two years, they would welcome $13.3 billion in inflows. This is a reasonable expectation, considering Ethereum ETFs have already secured $14.57 billion worth of inflows in just a year and three months.

Meanwhile, it is important to note that capital inflows do not always equal the increase in an asset’s valuation. Due to the inflow-to-valuation multiplier, capital flows often lead to higher spikes in market caps. For instance, in May, analyst Dom found that $61 million in capital inflows led to a $16.6 billion rise in XRP’s market cap. This translated to a 272x multiplier.

If we consider just a third of this multiplier for the sake of modesty, XRP market cap would increase by about $90 for every $1 worth of inflow its ETFs receive. At this 90x ratio, the $13.3 billion in netflows by the second year would lead to a $1.205 trillion increase in XRP’s market cap. 

Today, XRP boasts a market cap of $143 billion, as it currently trades for $2.38. If its valuation increases by $1.205 trillion, this would lead to a new cap of $1.348 trillion. Considering the circulating supply of around 60 billion, this new market cap would lead to a price of $22.48, representing an 844% increase from the current value.

GameFi 2025: Why ZYLO from CosmoFox Could Be the Breakthrough Token of the Year

Esra Zuhal
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GameFi 2025: Why ZYLO from CosmoFox Could Be the Breakthrough Token of the Year

The GameFi market is experiencing a new phase of growth. Investors and players are returning to the “play-to-earn” concept, where in-game activity directly translates into real profits. The focus is on projects that offer not just tokens, but full-fledged ecosystems with gaming products, utility services, and sustainable tokenomics. One of the most talked-about tokens this fall is ZYLO, the native token of the Zylo ecosystem, which meets all the expectations of today’s investors.

Why GameFi is Back in Focus

After a slowdown in 2023–2024, the GameFi sector has started to recover thanks to improvements in user experience and growing interest in tokens with real utility. In 2025, investments in Web3 gaming projects increased by over 40% compared to last year, while the average returns for top gaming tokens exceeded 120%. Games where tokens serve not only as in-game currency but also as an investment tool are demonstrating steady growth.

ZYLO: More Than Just a Gaming Token

The CosmoFox project and its token ZYLO have quickly stood out from competitors. Unlike most GameFi tokens, which are used only for in-game transactions, ZYLO operates on real economic principles. It is used for in-game purchases, upgrades, and staking with yields up to 20% annually. Moreover, token holders participate in DAO governance, influencing the development of the entire Zylo ecosystem.

The tokenomics of ZYLO are particularly noteworthy. Its total supply is capped at 1 billion tokens, with only a portion entering the open market. The built-in deflationary model burns 2% of each transaction and buys back tokens using 30% of premium content revenue. The team also plans annual burns of up to 2% of the total supply. This system not only reduces inflationary pressure but also creates long-term value for the token.

Analysts note that ZYLO’s success stems from a balanced combination of gameplay and investment potential. Unlike “speculative” gaming tokens, CosmoFox offers a full metaverse where users gather resources, craft items, trade them, and earn ZYLO through active participation. The token thus becomes part of the natural gaming cycle rather than an external economic attribute.

How ZYLO Competes with Market Leaders

Today, GameFi is dominated by projects like Illuvium (ILV), Immutable X (IMX), and GALA Games, which have proven their resilience. However, ZYLO differentiates itself by focusing on ease of engagement and making Web3 mechanics accessible to a broader audience.

Additionally, CosmoFox is building a multi-platform ecosystem, where ZYLO will be used not only within the game but also in partner products such as VPN services and other digital tools.

Outlook for the End of 2025

If current trends continue, ZYLO has strong potential to enter the top 10 GameFi tokens by market capitalization by year-end. Growing interest in the CosmoFox ecosystem, a limited supply, and an active community provide a foundation for sustainable growth. Analysts predict that with a successful global game release and the expansion of the partner network, the token’s value could rise as early as Q1 2026.

Conclusion

GameFi is back, but in a new form. Gaming tokens are no longer merely speculative assets—they are integral components of the digital economy. ZYLO embodies this transformation, combining gaming, investment, and governance within a single ecosystem. For investors seeking projects with real utility and sustainable tokenomics, ZYLO is one of the most promising assets for late 2025.

If you want to be part of the game of the future, pay attention to those who are already building it today.

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Nearly 16,000 Dormant Bitcoin Suddenly Move On-Chain as Whales Face $7B in Losses

Abdulkarim Abdulwahab
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Nearly 16,000 Dormant Bitcoin Suddenly Move On-Chain as Whales Face $7B in Losses

As the market continues to reel in red, Bitcoin wallets that had been inactive for the past three years are coming back to life.

Today, Bitcoin’s on-chain activity recorded a major event: exactly 15,965 BTC, dormant for around three years, suddenly re-entered circulation.

According to CryptoQuant analyst JA Maartun, this is the first significant movement from these wallets since late 2022 to early 2023.

Dormant Bitcoin Waking Up

Indeed, Data from CryptoQuant confirms that these long-dormant Bitcoin wallets had been inactive for roughly two to three years. They transferred a large volume of BTC earlier today to undisclosed destinations.

The coins moved while Bitcoin’s price hovered below $110,000, following a sharp correction earlier this month from its all-time high of $126,000. With Bitcoin currently around $108,000, the coins are worth approximately $1.724 billion.

CryptoQuant Chart of Bitcoin whale movements
CryptoQuant Chart of Bitcoin whale movements

This development has many wondering whether another major Bitcoin dump is looming. Commenting on JA Maartun’s post, one market watcher noted that old coins entering circulation during a correction is a concerning signal, as it suggests a “transfer of conviction.”

New Whales Underwater

This surge in the movement of old coins coincides with increasing pressure on newer Bitcoin whales. As previously reported, new whale wallets that accumulated BTC near recent highs are now facing nearly $7 billion in unrealized losses—the largest since October 2023.

CryptoQuant data shows these whales hold Bitcoin at an average cost of $113,000. In other words, most are currently underwater with prices still below that level.

Despite this, many large investors are continuing to accumulate BTC, viewing the ongoing dip as a long-term buying opportunity.

BTC Accumulation Continues Despite Losses

Analyst Crypto Patel recently highlighted that over 26,500 BTC tokens have moved into whale accumulation wallets, suggesting quiet accumulation amid fear. He noted that such activity typically occurs during the early stages of accumulation before major uptrends.

Meanwhile, Glassnode data confirms a significant drop in leveraged positions. Open interest has fallen 30%, contributing to a healthier and more stable market structure.

What Comes Next

Notably, market analyst Ted Pillows has identified the $107,000–$108,000 range as a key support zone. A strong defense of this level could trigger a relief rally, while a breakdown might push Bitcoin toward $100,000.

Amid fears of Bitcoin revisiting sub-$100K levels, Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, has maintained that BTC is still on track to hit $200,000 by year-end.

In a recent interview, Kendrick described the October 10 crash and the ongoing lull as a major buying opportunity. He remains bullish, even in a “bear case,” forecasting prices “well north of $150,000,” assuming continued Fed rate cuts.

Looking ahead, Kendrick reiterated his long-term prediction that Bitcoin could hit $500,000 by the end of Trump’s current second term in 2028.

Fidelity Says Bitcoin and Crypto Becoming Central in Conversation with Clients

Elendu Benedict
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Fidelity Says Bitcoin and Crypto Becoming Central in Conversation with Clients

Prominent asset manager Fidelity, with $16 trillion in assets under administration, has revealed an increasing interest among clients in issues pertaining to Bitcoin and cryptocurrency.

Fidelity Digital Assets, a subsidiary of Fidelity designated for crypto investment, disclosed this in a recent social media post, exciting enthusiasts. It noted that digital assets are now a central part of discussions between financial advisors and clients, signaling growing interest in the sector.

Bitcoin Conversations Become Common

The crypto firstborn had faced criticism in the past, with most claiming it was speculative and lacked real value. Nonetheless, that mentality is shifting, with retail and institutional investors slowly adopting the asset and the broader crypto industry.

Now, institutions and wealth managers are increasingly discussing the options of gaining exposure to digital assets with their clients, according to Fidelity. This disclosure by Fidelity is massive, as it could spark more capital influx into Bitcoin and crypto.

Notably, Fidelity alone manages $16.4 trillion, and a slice of that entering the market would fuel massive buying pressure.

Meanwhile, investors are also agreeing on the long-term viability of the crypto industry. Fidelity Digital Assets disclosed that 50% of the respondents in its recent survey believe Bitcoin is here to stay; therefore, it advised financial advisors to prepare to help their customers navigate the sector more effectively.

Three Frequently Asked Questions

One of the questions clients have repeatedly asked financial advisors is about the volatile nature of cryptocurrencies. Critics have often highlighted the volatility of Bitcoin, especially as it is a new asset class compared to traditional vehicles.

However, Fidelity explained that Bitcoin is becoming less volatile even compared to prominent securities like Meta and NVIDIA. The premier asset also has a lower volatility than other cryptocurrencies.

Another FAQ is which digital asset to invest in. Fidelity identifies Bitcoin as an “entry point” for traditional investors new to the sector, highlighting its “fundamentally different” nature.

The firm views Bitcoin as the most decentralized, secure digital asset, and no other can improve on it. Nonetheless, it advised seeking other alternatives like Ethereum, the largest digital asset after Bitcoin.

The last question is on custody choice. Fidelity emphasized that while the core feature of Bitcoin encourages self-custody, those who are not comfortable could use third-party systems to hold their tokens.

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