{"id":812822,"date":"2024-12-18T22:14:50","date_gmt":"2024-12-19T04:14:50","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/18\/bitwise-cio-says-btc-could-easily-hit-500k-if-trump-administration-creates-bitcoin-reserve\/"},"modified":"2024-12-18T22:14:50","modified_gmt":"2024-12-19T04:14:50","slug":"bitwise-cio-says-btc-could-easily-hit-500k-if-trump-administration-creates-bitcoin-reserve","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/18\/bitwise-cio-says-btc-could-easily-hit-500k-if-trump-administration-creates-bitcoin-reserve\/","title":{"rendered":"Bitwise CIO Says BTC Could Easily Hit $500K If Trump Administration Creates Bitcoin Reserve\u00a0"},"content":{"rendered":"<div id=\"main-content-row\">\n<div>\n<figure><img width=\"1200\" height=\"628\" src=\"https:\/\/image.coinpedia.org\/wp-content\/uploads\/2023\/09\/30120745\/Web_Photo_Editor-1.webp\" alt=\"Bitwise Launches Rebranded XRP ETF, Ripple's Investment Drives Market Growth\" data-main-img=\"1\" decoding=\"async\" fetchpriority=\"high\"  ><\/figure>\n<\/div>\n<div id=\"the-post\">\n<p>Bitwise CIO Matt Hougan, in a recent interview, predicted that Bitcoin would reach as high as $500,000 if Donald Trump\u2019s administration created the Strategic Bitcoin Reserve. He said that this development is too significant to ignore, and governments would likely need to follow, potentially causing a supply shock for Bitcoin. Notably, Bitwise recently predicted that Bitcoin will hit $200,000 in 2025.However, there are doubts about whether a Strategic Bitcoin Reserve will be created, as Castle Island Ventures\u2019 founding partner, Nic Carter, and Arthur Hayes have expressed that they do not expect the BTC reserve to happen.<\/p>\n<\/div>\n<div>\n<h2>We&#8217;d Love to Hear Your Thoughts on This Article!<\/h2>\n<div>\n<h4>Was this writing helpful?<\/h4>\n<\/div>\n<\/div><\/div>\n<p><a href=\"https:\/\/coinpedia.org\/crypto-live-news\/bitwise-cio-says-btc-could-easily-hit-500k-if-trump-administration-creates-bitcoin-reserve\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Nidhi Kolhapur<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise CIO Matt Hougan, in a recent interview, predicted that Bitcoin would reach as high as $500,000 if Donald Trump\u2019s administration created the Strategic Bitcoin Reserve. He said that this development is too significant to ignore, and governments would likely need to follow, potentially causing a supply shock for Bitcoin. Notably, Bitwise recently predicted that<\/p>\n","protected":false},"author":1,"featured_media":812823,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[91696,1812],"tags":[],"class_list":{"0":"post-812822","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitwise","8":"category-could"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/812822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=812822"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/812822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/812823"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=812822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=812822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=812822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}