Share this article
How Bitcoin Gets to $100,000
Another look at the bitcoin valuation models that could possibly lead to a six-figure bitcoin valuation over the course of the next year.
Updated Sep 14, 2021, 10:36 a.m. Published Nov 29, 2020, 2:00 p.m.
Another look at the bitcoin valuation models that could possibly lead to a six-figure bitcoin valuation over the course of the next year.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
This episode is sponsored by Crypto.com and Nexo.io.
On this edition of The Breakdown’s Long Reads Sunday, NLW reads a recent piece by Hong Fang, CEO of OKCoin.
In it, Fang provides a set of valuation models and scenarios that plausibly lead to bitcoin achieving a significant $100,000 value over the course of 2021.
See also: Bitcoin at $318,000 Next December? One Citibank Exec Says It’s Possible
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
BlackRock Files for Staked Ethereum ETF
The iShares Ethereum Staking Trust marks a bold push into on-chain yield exposure, as the SEC's tone has shifted under new leadership.
What to know:
- BlackRock has officially filed for a staked Ethereum ETF, marking its first formal move toward SEC approval.
- The filing reflects a shift in SEC policy under new Chair Paul Atkins after earlier pushback on staking features.
- BlackRock’s existing Ethereum fund holds $11B in ETH, but the new ETF would offer separate staking exposure.
Top Stories
