Billionaire Investor Tim Draper Still Bullish on Bitcoin, Foresees $250,000 Price in the Future – Here's the Timeline
Billionaire venture capitalist Tim Draper is standing by his Bitcoin (BTC) price prediction of $250,000 per coin - but he’s pushed it forward to 2025. “When Bitcoin was $4000, I predicted it would reach $250k (60X) by no...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
“When Bitcoin was $4000, I predicted it would reach $250k (60X) by now,” tweeted Draper at the end of last month. The asset traded for roughly $30,400 at the time, and has remained mostly flat since. “I guess we have to wait a little longer, (maybe 2 years) but engineers are hard at work,” he added. ...
Read More: Billionaire Investor Tim Draper Still Bullish on Bitcoin, Foresees $250,000 Price in the Future – Here's the Timeline
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Charles Schwab says Bitcoin still has strong fundamentals for the future
Schwab's endorsement and regulatory clarity could bolster Bitcoin's legitimacy, potentially driving broader institutional adoption...
Bitcoin Futures Open Interest Slips To $7.68 Billion As Traders Keep Funding Positive
TL;DR: A Saturday derivatives snapshot showed Bitcoin open interest at $7.68 billion, down 0.69% in 24 hours. Funding remained pos...
Ethereum ETFs Lose $320 Million In A Week As Bitcoin Outflows Slow
TL;DR: US spot Ethereum ETFs lost $320.1 million in the week ending October 16, more than the $228.4 million withdrawn from Bitcoi...
Grayscale Opens DeFi And AI Crypto Funds To Investors With Just $2,500
TL;DR: Grayscale and investment platform Republic are offering three specialised crypto funds with minimum commitments starting at...
Charles Schwab Opens Bitcoin And Ethereum Transfers As Crypto Rollout Expands
TL;DR: Charles Schwab is expanding its direct Bitcoin and Ethereum services, including phased external wallet transfers. The move...
Bitcoin ETFs post $82.39 million in net outflows as Ethereum funds shed $69.68 million
The significant outflows from Bitcoin and Ethereum ETFs indicate a cautious investor sentiment, potentially signaling a broader ma...