According to an ambitious research study published by asset manager and 
cryptocurrency exchange-traded fund (ETF) issuer VanEck, Bitcoin (BTC) could 
potentially reach a staggering price of $2.9 million per coin by 2050. The 
insights come from Matthew Sigel, the firm’s Head of Digital Assets Research, 
and Senior Investment Analyst Patrick Bush, who have employed a valuation 
framework based on Bitcoin&#8217;s role in two primary total addressable markets: as 
a medium of exchange (MoE) and as a reserve asset for central banks. VanEck 
Projects 15% CAGR For Bitcoin In their analysis, Sigel and Bush project a 15% 
compound annual growth rate (CAGR) from Bitcoin&#8217;s current levels, which would 
position the cryptocurrency as a significant player in the global economy. 
Related Reading: Did Morgan Stanley Orchestrate Bitcoin October Crash? 
Analysts Draw Correlations The report outlines two structural shifts that they 
believe will be pivotal for Bitcoin&#8217;s appreciation. The first, dubbed the 
Settlement Pivot, predicts that by 2050, Bitcoin will be responsible for 
settling between 5% and 10% of global international trade, as well as 5% of 
domestic trade transactions. The second crucial aspect, referred to as the 
Reserve Pivot, connects Bitcoin’s potential growth to waning trust in G7 
sovereign debt. As confidence in these currencies diminishes, the authors 
anticipate that central banks might allocate resources toward Bitcoin as a 
hedge against fiscal instability. Yet, the VanEck report does not stop at a 
mere base case; it also explores a more optimistic scenario termed the Bull 
Case. ‘Hyper-Bitcoinization’ In this scenario, known as “hyper- 
bitcoinization,” if Bitcoin captures 20% of international trade and 10% of 
domestic GDP, its value could skyrocket to $53.4 million per coin, 
representing a major 29% CAGR. Achieving this would require Bitcoin to either 
equal or surpass gold&#8217;s status as a primary global reserve asset, making up 
nearly 30% of financial assets worldwide. Related Reading: GENIUS Act Key 
Provisions In Spotlight: XRP Attorney Deaton Alerts To Bankers’ Role For 
context, the report uses a baseline current price of approximately $88,000 
when projecting these values. Interestingly, it incorporates a Bear Case 
target of $130,000, reflecting a modest 2% CAGR. In terms of correlation, 
VanEck anticipates that Bitcoin will exhibit low to moderate correlation with 
global equities, bonds, and gold over various market cycles. Notably, they 
emphasize a persistent negative correlation with the US Dollar (DXY), 
reinforcing Bitcoin&#8217;s potential role as a hedge against monetary debasement. 
Featured image from DALL-E, chart from TradingView.com

VanEck Predicts Bitcoin Could Reach $2.9 Million In New Long-Term Capital Report

Zcash faces developer departures as a new team structure moves ahead with a 
wallet launch following a governance dispute.
The post Zcash developer unveils new wallet amid team departure appeared first 
on Crypto Briefing.

Zcash developer unveils new wallet amid team departure

Polygon’s native token extended its rally for an eighth straight session, 
climbing to its highest level since Dec. 2 as network activity surged, 
alongside the company’s unveiling of the Open Money Stack.

Polygon price rallies as network pivots to payments with Open Money Stack

Solana price has confirmed a bullish market structure shift after breaking a 
key lower-high sequence, with price action now positioning for a continuation 
toward $156.

Solana price confirms market structure shift, $156 comes into focus

Dogecoin (DOGE) is rebounding strongly alongside the broader meme coin market, 
which has experienced a notable uptick in Q1 2026. As sentiment surrounding 
meme coins continues to improve, a crypto analyst suggests that Dogecoin could 
be positioning for more gains. The analyst notes that Dogecoin’s rapid 
accumulation signals the potential for a sharp upward sweep in the near term. 
Dogecoin Accumulation Signals Upward Sweep Crypto market expert Bitguru 
recently shared a fresh technical outlook on Dogecoin, highlighting how its 
price structure has consistently changed after months of corrective movement. 
According to him, a completed liquidity sweep followed by an extended 
consolidation phase suggests that the market has reset and may be setting up 
for a bullish continuation. Related Reading: Catalysts That Suggests The 
Dogecoin Price Rally Could Continue Bitguru explained that Dogecoin’s chart 
shows price stability after clearing sell-side liquidity between November and 
December 2025, which pushed out weak holders and created a base for 
accumulation. The consolidation that continued into 2026 shows lower 
volatility and steady base building, two conditions the analyst believes are 
needed before Dogecoin’s next major price move. The chart also illustrates 
bullish patterns, such as a rounded H cup formation and a continuation phase 
in the middle of 2025, which helped establish higher price levels before the 
broader market pullback. Bitguru added that Dogecoin’s recent move back above 
the key support near $0.14 suggests accumulation is likely completed, as price 
now starts to tighten and move upward from its base level. He noted that as 
long as Dogecoin stays above this reclaimed support, the chances of an upward 
sweep toward higher supply zones increase. The chart also points to potential 
gains reaching the highlighted green target area between $0.188 and $0.194, 
which lines up with past resistance levels that have previously limited price 
movement during the decline. Area That Could Invalidate Upward Sweep Bitguru’s 
chart also shows the possibility of a price decline despite the rapid increase 
in accumulation. The red zone on the chart represents a stop-loss or risk 
area. If Dogecoin falls below the support area around $0.148, it could 
initiate a drop toward new lows within this risk zone. Related Reading: The 
Dogecoin Cycle Fractal That Shows Where The Price Is Headed Next If the meme 
coin’s price dips below the consolidation zone between $0.146 and $0.148, then 
the analyst&#8217;s bullish setup and potential upward sweep could be invalidated. 
The chart projects a potential decline to the $0.13-$0.11 range, reflecting a 
decrease of more than 9% from current levels. At the time of writing, the 
Dogecoin price is trading at $0.143, up more than 18% this week, according to 
CoinMarketCap data. Although the meme coin is showing clear signs of a 
recovery from former downtrends, its trading volume is still down by more than 
30%. Moreover, DOGE’s price has been unexpectedly volatile recently, dropping 
by 5% over the past 24 hours. Featured image from Pngtree, chart from 
Tradingview.com

Cryptocurrency price in BTC