Bloomberg ETF analyst Eric Balchunas revealed that Musk may use SPCX as the stock ticker for the SpaceX IPO; this ticker was previously held by Matt Tuttle. The analysis had already made a prediction as early as December last year, and it was proposed by Will Hershey of Roundhill Investments.

Bitcoin treasury company Strive recently increased its holdings by 113 BTC, bringing its total holdings to 13,791 BTC, ranking ninth. CEO Matt Cole hinted that it will surpass a certain CEX that holds 15,389 BTC.

Gate News, March 24 - Recently, Stripe co-founder John Collison and Paradigm co-founder Matt Huang held a video conversation with Kalshi co-founders Tarek Mansour and Luana Lopes Lara. During the conversation, the Stripe co-founder confirmed that prediction market platform Kalshi is integrating Stripe.

Bitwise Chief Investment Officer Matt Hougan predicts that Bitcoin spot ETFs will accumulate net inflows of approximately $60 billion from January 2024 to October 2025. Despite Bitcoin's price declining by approximately 50%, ETF net outflows will be less than $10 billion, demonstrating that institutional investors are maintaining their positions. Hougan believes that as a non-consensus asset, Bitcoin investment requires high conviction, and capital demonstrates greater "stickiness" amid volatility. He expects Bitcoin could potentially rise to $1 million within 10 years.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, points out that Bitcoin could reach $1 million if it captures a larger share of the global store of value market. This target reflects Bitcoin's maturation and the impact of long-term institutional adoption, but achieving it could take a decade or longer.

21Shares strategist Matt Mena pointed out that March CPI data has been absorbed by the market. In the short term, BTC is expected to fluctuate between $68,000 and $74,000. After breaking above $75,000, it may enter the $75,000 to $80,000 range. Historically, BTC often rebounds more than 15% after geopolitical shocks, and a restart of rate cuts could accelerate the recovery.

Bitwise Chief Investment Officer Matt Hougan pointed out in a memo that Bitcoin's price could reach $1 million in the future. He believes Bitcoin is competing with gold for the position of digital store of value, especially against the backdrop of the expanding global store of value market. If Bitcoin captures 17% of the market share, its price is expected to rise significantly.

Bitwise Chief Investment Officer Matt Hougan believes that the future of altcoin seasons will no longer be common, and only assets with real applications and growth momentum will profit. He pointed out that the market will become more differentiated, with investor attention focusing on Bitcoin, and mentions of altcoins dropping to a two-year low.

On March 4th, the U.S. military strike on Iran triggered global market tensions. Bitwise Chief Investment Officer Matt Hougan pointed out that the cryptocurrency market demonstrates the flexibility of 24/7 trading, making it essential for real-time transactions, while also driving on-chain finance toward mainstream adoption. Investors need to master stablecoins and tokenized assets to adapt to the increasingly competitive market environment.

Bitwise Chief Investment Officer Matt Hougan pointed out that despite Wall Street accelerating blockchain migration, traditional investors still overlook the potential of cryptocurrencies. Institutional research on on-chain finance and stablecoins has clearly accelerated, but market awareness lags behind, leading to undervaluation. As the regulatory environment becomes clearer, traditional finance and digital assets are accelerating their integration, making now an important opportunity to position in the crypto market.