Bitcoin's Quantum Risk, Peter Schiff's Bearish Prediction, and More: Weekend Round-Up

Sunday, Dec 21, 2025 10:56 am ET1min read

Bitcoin's adoption may be slowing due to perceived quantum risk, as Taproot adoption declines from 42% to 20% since 2024. Economist Peter Schiff predicts a $50,000 downside target for Bitcoin and that Strategy Inc. shares will halve to $80. Analyst Willy Woo believes early Bitcoin investors may buy up Satoshi Nakamoto's stash during a flash crash. BitMEX co-founder Arthur Hayes predicts Bitcoin could reach $200,000 in 2026 due to the Federal Reserve's Reserve Management Purchases program. Ethereum's future is uncertain, with some viewing it as a true form of "cryptomoney" and others seeing it as a technology platform token with weakening fundamentals.

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