Can Bitcoin really reach $2.9 million? | Source: Gemini Key Takeaways VanEck projects Bitcoin’s price could reach $2.9 million by 2050. ChatGPT and Grok both expressed strong doubt about such extreme valuations. Despite long-term debate, CCN analysts reported that Bitcoin remains range-bound in the short term. Investment firm VanEck has released a long-term forecast projecting Bitcoin’s price could reach $2.9 million per coin by 2050, citing adoption as a settlement currency for 5–10% of global tr ...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Standard Chartered has significantly tempered its bullish price projections for Bitcoin over the next five years. “I still see Bitcoin continuing to print fresh all-time highs going forward, but I think the pace will be slower than previously expected,” Standard Chartered Global Head of Digital Assets Research Geoffrey Kendrick said in an email last week. Kendrick said in a Dec. 9 note that Standard Chart ...