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Matthew Sigel, head of digital asset research at VanEck, retweeted the "Second Foundation" tweet on the X platform, with the caption saying that the Ethereum Foundation is not the only entity that can write the future of Ethereum.
A report authored by Matthew Sigel, head of digital asset research at VanEck, assesses the Central American country's experience with bitcoin and its positive impact. The report notes that nearly 8% of Salvadorans will use bitcoin for transactions in 2024, a "meaningful step" for a country that has traditionally had a low adoption of electronic payments, in addition to the country's bitcoin reserves already accounting for 1.6% of GDP. VanEck's analysis suggests that, given Trump's strong support...
Matthew Sigel, head of digital asset research at VanEck, said: "It is the Gary Gensler-led SEC that is breaking with the long tradition of rules-driven regulation through enforcement. A return to the usual disclosure-based system will create room for more innovation in the space... I think the likelihood of a Solana ETF going public by the end of next year is extremely high."
Matthew Sigel, head of digital asset research at VanEck, wrote on the X platform: "VanEck supports strategic bitcoin reserves. No need to quote'sources' - we will announce it ourselves." Fox reporter Eleanor Terrett previously quoted sources as saying that BlackRock has not established a strategic bitcoin reserve.
Matthew Sigel, head of digital asset research at VanEck, said bitcoin is in "blue sky territory" and expects the cryptocurrency's price to reach $180,000 by 2025. He said bitcoin's record-breaking gains since the US election are expected to continue.
Matthew Sigel, head of digital asset research at VanEck, said that with US debt reaching $35 trillion, if central banks use bitcoin as a reserve asset, it will reach $3 million by 2050. David Bailey, a former Trump crypto aide, believes that nation-states are about to enter the bitcoin market and predicts that sovereign funds and central banks will invest billions of dollars per month.
Matthew Sigel, head of digital asset research at VanEck, said on the X platform that Scott Bessent, Trump's economic advisor on Polymarket, has a 55% chance of being elected as the Trump administration's Treasury secretary, making him the first U.S. Treasury secretary to support cryptocurrencies.
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