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Why $50,000, even $100,000 Bitcoin in 2021 is possible!

by , 13 January 2021
Why $50,000, even $100,000 Bitcoin in 2021 is possible!
The Crypto market is FLYING right now…

It just broke through the $1 trillion value mark, which is an amazing feat in just over a decade.

But what's stolen the headlines over the past month is the meteoric rise of bitcoin.

The number one crypto has rallied to nearly $40,000 today.
And it’s soared over 146% since I recommended it to Real Wealth readers in November 2020’s issue.
But this incredible run is far from over.
You see, there are key catalysts at play today that could send Bitcoin past $50,000 And who knows, it could hit $100,000 by the end of 2021.
Here’s what I’m talking about…
These three cryptos are set to ride the next crypto wave
There are three cryptos that I believe will form the foundation of the next phase of the crypto revolution!
The first crypto king – one of three cryptos I want to share with you today… has massive potential!
…This crypto speeds up networks where most slow them down.
…This crypto has zero transaction fees
…And it has the Blockchain 50 as its customer!
It’s set out to be the protocol standard for machine-to-machine transactions, infinitely scalable, this crypto king will enable the Internet of Things (IoT) to cope with the mass of data that is being created
60 million reasons to take interest in the crypto market…
There’s a saying in life: “If you can’t beat them, join them.”
This seems to be the case with the crypto market lately.
PayPal, Square, Grayscale Bitcoin Trust and more recently, asset management firm, Guggenheim Partners have all followed and backed the crypto market.
Now a new major player is entering the market in what could be the biggest deal this year…
With a market cap of over $490 billion, Visa is the largest credit card company in the world. And they’re about to open a whole new wave of interest in the crypto market…
Connecting its global payment network to a Stablecoin…
On 2 December, Visa announced plans to connect its global payments network to the US Dollar Coin (USDC), a stablecoin built on the Ethereum blockchain.
This move would immediately provide 60 million merchants and their hundreds of millions of consumers access to a cryptocurrency that represents the US dollar.
Circle Internet Financial built USDC on the Ethereum blockchain as a centralised dollar-linked cryptocurrency. For every $1 reserved in a bank, there is one USDC in circulation.
And USDC has all of the properties associated with bitcoin.
Its ownership is tracked on a decentralised ledger. And it can be sent peer-to-peer without a middleman, faster and cheaper than current payment systems.
Millions of people will be able to access the crypto market!
With a market cap just over $3 billion, USDC is now the world’s 12th-largest cryptocurrency by market cap.
A key to the growth of USDC is thanks to the giant US crypto trading platform, Coinbase.
Coinbase has made it easy for its 35 million accounts to convert their US dollars into the USDC stablecoin.
Once a user owns USDC, they can use it on most other cryptocurrency exchanges, as well as send it as easily as sending an email.
Sometime in 2021, Visa will issue a credit card that lets businesses send and receive USDC payments directly from other businesses that use the card.
Visa Head of Crypto Cuy Sheffield told Forbes: “This will be the first corporate card that will allow businesses to be able to spend a balance of USDC. And so we think that this will significantly increase the utility that USDC can have for Circle’s business clients.”
Visa’s target market is the $120 trillion payment market, which is still plagued by costly wire and check payments that can sometimes take days to settle.
Since USDC settles on the Ethereum blockchain, the transaction can settle in under a minute, with fees sometimes less than $1.
That’s what makes blockchain so revolutionary!
If you doubted crypto’s future adoption, here’s the world’s largest credit card processor hyping up blockchain’s utility.
No one could have imagined this partnership just a few years ago, but today anything’s possible in the crypto market. And it’s going to get a whole lot more interesting in the future.
A crypto ETF on the way in 2021?
At the beginning of December, S&P Dow Jones Indices announced its launching a series of cryptocurrency indexes in 2021.
This is a big deal. S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research.  And this division is home to iconic indexes such as the S&P 500 Index and the Dow Jones Industrial Average.
By partnering with a leading New York City-based crypto asset software and data company, Lukka, S&P Dow Jones Indices has shown it is committed to creating a reliable benchmark for cryptocurrencies.
And the timing couldn’t be better.
Institutional interest is increasing rapidly, creating HUGE demand for crypto solutions!
The launch of indexes is a major step toward the creation of a tradeable cryptocurrency exchange-traded fund (ETF).
For nearly every index, there are investment vehicles that track them. When investors buy these ETFs, it creates demand for the underlying stocks in the indexes.
ETFs are already a massively popular investment vehicle…
Assets under management have nearly tripled over the past seven years, from $3.2 trillion to $9 trillion!
The launch of a crypto ETF could lead to the crypto market soaring.
JSE Top Penny Stock 2021 Report: You could make a fortune with the 5 potentially explosive shares hand-picked by our market expert.
Hundreds of billions could flow into the crypto markets sending prices sky-high!
With 550 cryptocurrencies included in the indexes, there are plenty of opportunities to make huge gains.
If only 5% of passive-fund assets are allocated to crypto ETFs, it would add $450 billion to the crypto market.
If you add active-fund assets into the mix and allocate 5%, a total of $1.1 trillion would be invested into cryptos.
This would triple the total cryptocurrency market cap!
And just imagine what it could do to crypto prices?
It would make 2020’s gains look minuscule. That’s why just a small investment into cryptos could net you a handsome profit.
See you next week.
Joshua Benton,
Managing Editor, Real Wealth

Why $50,000, even $100,000 Bitcoin in 2021 is possible!
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