Bitcoin to Outshine Gold? Fidelity Calls BTC’s Rise ‘Possible’
The director of global macro at Fidelity Investments, Jurrien Timmer, has made a bold prediction for Bitcoin, claiming the asset could overtake gold. However, he believes that this could only happen in a decade or two.
Detailing his thesis, Timmer explained that this potential move would not be as simple as people think. Per his observation, Bitcoin would have to follow either the power law curve or the S-curve trajectory of internet adoption.
Our research shows that the Power law curve occurs when the distribution of a return is heavily skewed. Meanwhile, the S-curve adoption is a graphical representation of adoption and growth over time. Technically, this covers how technology evolves, gains traction, matures, and levels off.
According to Timmer, this prediction also assumes that gold follows its historical compound annual growth rate (CAGR) of 8%. The challenge for Bitcoin in this “journey” is that “hard money could end up winning the race” if it grows at the rate indicated by the two models.
Amidst this backdrop, gold could also appreciate faster than the usual 8% per year, staying ahead of its digital version. In concluding his submission, Timmer highlighted that “gold will always be Bitcoin’s quieter older sibling.”
Earlier, The Digital Chamber analyst Perianne Boring disclosed that Bitcoin could reach the market capitalization of gold in 2025. However, she explained that this could depend on several factors. Out of this, one of the key factors is the successful establishment of Bitcoin as a strategic reserve in the US. Fascinatingly, an executive order has been signed by US President Donald Trump to make this a reality, as indicated in our recent blog post.
If Donald Trump is successful in putting forward many of the proposals he promised to the community, the sky is the limit because Bitcoin has a fixed supply.
Adding to this, Boring disclosed that the successful operation of the “so-called Boosting Innovation, Technology and Competitiveness Through Optimized Investment Nationwide (BITCOIN)” could position Bitcoin within the same category as gold and oil reserves.
Based on the results of the stock-to-flow (S2F) model, she believes that the asset could hit $800k. Mathematically, this price point could send the Bitcoin market cap to at least $15 trillion.
Meanwhile, Germany’s biggest bank, Deutsche Bank, does not see much disparity between the two. As detailed in our last news piece, Deutsche equated Bitcoin to gold as a digital store of wealth while hinting that the recent strategic reserve move by the US could define a new benchmark for the world’s financial system.
In a recent study, we reported that 52% of Americans now prefer Bitcoin to gold and stocks, pointing to a significant shift of interest and a future move towards the luxurious metal’s current market cap.
DOGE Price Set for 4,259% Surge? Expert Reveals Bullish “Doge Circle” Theory
In a recent analysis, crypto strategist Trader Tardigrade identified a recurring pattern in Dogecoin’s (DOGE) price movements, suggesting the potential for a substantial rally. According to Tardigrade, Dogecoin’s macro chart follows a circular structure referred to as the “Doge Circle,” that has consistently influenced its price movements across multiple market cycles.
This pattern has played a role in determining key support levels and major rallies. Dogecoin has historically rebounded whenever it touched the lower boundary of this circle, making it a critical support zone since 2015.
In the first cycle in 2015, DOGE rebounded around $0.0001earlier in the year before surging from $0.0004 to $0.0041 in April 2017. The second cycle saw DOGE bouncing at $0.0012 in March 2020 and $0.0024 in November 2020, leading to its all-time high of $0.7488 in May 2021. In the third and ongoing cycle, DOGE surged to $0.4846 in November 2024 after rebounding from the same support zone.
Most recently, the meme coin touched the Doge Circle’s lower boundary during its drop to $0.1432 before recovering 26% to $0.1822. These consistent rebounds suggest that Dogecoin may be gearing up for another rally in line with past market cycles.
Currently, DOGE has just exited the oversold zone and is projected to reach the overbought zone, estimated between $8 and $10. This projection implies a potential 4,259% increase from its current price levels.
As Crypto News Flash recently reported, Dogecoin (DOGE) has officially broken out of its three-month downtrend, injecting fresh confidence into the market. Analysts predict a potential 55% surge if the price successfully clears the key $0.20 resistance level.
Adding to the bullish momentum, whales have accumulated over 200 million DOGE in the past two weeks, according to crypto analyst Ali Martinez. Over the past week, Dogecoin has rallied approximately 8%, while its trading volume has seen a 29.60% drop in the last 24 hours to $256 million. Currently trading at $0.185, DOGE holds its position as the largest meme coin with a market capitalization of $26 billion, while its closest competitor, Shiba Inu (SHIB), follows with a $7 billion market cap.
Beyond technical indicators, The House of Doge, the official commercialization partner of the Dogecoin Foundation, recently introduced The Official Dogecoin Reserve, beginning with an initial purchase of 10 million DOGE tokens. This reserve aims to enhance liquidity and stability within the Dogecoin ecosystem while serving as a proof of concept for its potential in seamless, efficient transactions.
Meanwhile, Dogecoin-related exchange-traded fund (ETF) filings from Bitwise, Grayscale, and Rex Shares are still awaiting approval from the U.S. Securities and Exchange Commission (SEC), adding another layer of anticipation to the market.
Hawk Tuah Girl: SEC ends meme coin investigation, ‘work is complete’
Add “Hawk Tuah Girl” to the list of cryptocurrency investigations that the U.S. Securities and Exchange Commission is no longer interested in pursuing.
Haliey Welch, who gained fame as the “Hawk Tuah Girl” in a viral video, has announced that the U.S. regulators concluded their investigation into the controversial meme coin bearing her catchphrase without taking action against her.
“For the past few months, I’ve been cooperating with all the authorities and attorneys, and finally, that work is complete,” Welch told TMZ .
Welch’s attorney, James Sallah, elaborated on the outcome:
The SEC closed the investigation without making any findings against, or seeking any monetary sanctions from, Haliey. Because they did not bring any action against her, there are no restrictions on what she can do in regards to crypto or securities in the future.
The $HAWK token became the subject of regulatory scrutiny after experiencing a crash following its sudden rise. The surge saw the coin reach a market capitalization of nearly $500 million before plunging to around $3 million. The collapse left many investors with substantial losses.
While Welch escaped SEC penalties, the coin’s creators face a separate lawsuit alleging negligence for launching the token without proper regulatory approval.
Sources close to Welch say the influencer has severed ties with the LLC behind the coin and will not support or promote it.
Welch’s viral fame began with a street interview where her description of a certain physical act quickly went viral. She capitalized on her sudden celebrity through various ventures, including the “Talk Tuah” podcast.
Reports also mentioned that a “Hawk Tuah” documentary is being developed.
The Hawk Tuah coin isn’t the only crypto-related entity to see its troubles swept under the rug.
The SEC has recently dismissed various cryptocurrency investigations and lawsuits, including cases against Immutable , Crypto.com , Ripple and Coinbase .
Since Gary Gensler, a Biden administration appointee, resigned as SEC chair, cryptocurrency companies and entrepreneurs enjoy looser regulatory oversight under the current Trump administration.
According to Politico, crypto companies (e.g., Ripple, Coinbase, Kraken, Robinhood, and Circle) have made seven-figure donations to Trump since Nov. 5, 2024.
After the Hawk Tuah meme coin crash, Welch temporarily disappeared from social media, raising questions about her involvement in the project.
Despite the controversy, Welch appears ready to move forward.
“Happy to be starting back up again,” she told TMZ.
Musk Sells X To xAI: The Real Strategy Behind This Move!
Elon Musk announced on Friday night the sale of his social network X to his own artificial intelligence company, xAI. This major transaction values X at 33 billion dollars, slightly less than Twitter’s initial purchase price in 2022, but also includes 12 billion dollars in debt.
Elon Musk announced this transaction on Friday night directly on his X account. The billionaire revealed that his platform would come under the control of xAI , his artificial intelligence startup.
“The future of xAI and X is closely linked“, he stated , emphasizing the necessity to “combine data, models, computing, distribution, and talent”.
This merger occurs at a strategic moment. The Grok chatbot, created by xAI, is already operating on X, demonstrating early synergies.
According to Musk, this alliance will “unlock immense potential” by combining xAI’s expertise with X’s 200 million users, to provide “smarter experiences”.
The new merged entity would reach a valuation of 80 billion dollars. This figure represents a spectacular turnaround for X, whose value had dropped by nearly 80% according to estimates from investment firm Fidelity last October, before partially rebounding at the end of the year.
This reorganization comes as Elon Musk now plays a key role in the Trump administration. Appointed to head the Department of Government Efficiency , the billionaire seeks to better organize his numerous businesses in the face of criticism about his ability to manage them simultaneously.
This acquisition fits into Musk’s clear ambition to become a major player in artificial intelligence. His recent attempt to acquire OpenAI for nearly 100 billion dollars shows his willingness to compete directly with Sam Altman, the creator of ChatGPT.
The X platform has recently won back major advertisers like Amazon and Apple, who are returning after stepping back due to moderation controversies. The valuation of xAI has also skyrocketed, reaching nearly 75 billion dollars according to Bloomberg.
By merging X and xAI, Musk thus strengthens his position in the AI market, a priority sector for the Trump administration.
In summary, X’s renewed success is closely tied to the growing influence of Musk in American politics . His new governmental role makes X an essential platform for tracking the activities of the Trump administration, attracting investors and users.
Decoding the Crypto Consolidation: Analyst Uses ADA as Case Study
A crypto analyst used Cardano (ADA) price action to illustrate the broader crypto market’s conflicting signals currently.
According to “cryptorecruitr” on X (formerly Twitter), ADA’s chart suggests a possible short-term decline. However, the longer-term perspective still presents a potentially bullish outlook.
The analyst argued both short-term bearish and long-term bullish projections can hold validity simultaneously for traders. An individual’s decisions, they noted, depend on personal strategy and preferred timeframe.
The analysis concluded both scenarios reflected possibilities for significant price movement. This means traders positioning for either direction might eventually be proven right, depending on how the market resolves from its current state.
Related: Top Analyst’s Confident Take: ADA and XRP at $10? ‘Fine With Me’
This analysis arrives as the cryptocurrency market remains in a state of consolidation, lacking a clear directional trend for several months. Notably, apart from Bitcoin, most crypto assets failed to reach their previous all-time highs during the market’s last major upward phase. That development led many analysts to believe significant upside potential remains untapped across the altcoin sector.
Overall, the market reflects a mid-trend consolidation picture. The total crypto market capitalization currently sits near $2.68 trillion, according to TradingView data. It retraced to this level after peaking near $3.73 trillion in December 2024 and has since found support around the notable $2.6 trillion region.
This current crypto market status leaves many traders primarily in observation mode. They appear to wait for clearer signals indicating whether the market will resume an upward trend or break below current support levels.
Related: XRP, SOL, ADA, DOGE Prices Analyzed Following IBKR Listing News
ADA’s recent price behavior exemplifies the situation facing many other cryptocurrencies currently consolidating near key zones. Analysts generally expect a more definite market-wide direction to emerge in the near future.
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