Bold Predictions for 2021

Cody Garrison | 12/28/2020

1. Coinbase debuts as the first IPO in crypto with a market capitalization surpassing $30 billion.

2. Bitcoin’s (BTC) total market capitalization will surpass $1 trillion — one Bitcoin will surpass $50,000.

3. Ethereum (ETH) total market capitalization will surpass $225 billion — one Ethereum will surpass $2,000.

4. China successfully rolls out the Digital Yuan, gaining mass domestic adoption through WeChat and Alipay.

5. US Treasury will announce plans for a Digital USD to be rolled out by 2025 as a reaction to China’s success. Fedcoin?

6. Bitcoin will experience at 30% correction from a newly established all-time high.

7. Multiple major US companies convert their cash balance sheet from USD to Bitcoin.

8. Digital “Tokenization” of art, real estate, and non-traditional assets will gain mainstream popularity.

9. The SEC (Securities and Exchange Commission) approves first bitcoin ETF to be traded on an American Stock Exchange.

10. Bitcoin will be available to be traded on major broker dealer exchanges (Fidelity, Schwab, TD Ameritrade), unlocking over 100 million new users globally.

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The views above are opinions of the author and clearblock insights. They are not to be taken as investment advice.