Gemini co-founder Tyler Winklevoss reiterated his belief that Bitcoin’s price could reach $1 million in the next five to 10 years. He was speaking while announcing his new company Cypherpunk, which has received more than $50 million in backing from Winklevoss Capital and will focus on privacy and digital ownership.
Bitcoin price and long-term outlook
In a recent post on social media, Tyler Winklevoss said he still expects Bitcoin to reach seven digits in the next few years.
He described the coin as digital gold, a secure store of value in a world where privacy is disappearing. He believes Bitcoin’s fixed supply and independence from central banks make it a strong hedge against inflation and government regulation.
Additionally, Cypherpunk was launched to invest in technology that protects privacy and personal freedom. Tyler Winklevoss said that true freedom begins with privacy, and warned that privacy is becoming diluted as most activities move online. His statement links the rise of Bitcoin to widespread demand for economic independence.
Privacy is a prerequisite for many of our freedoms. It is the point where governments and corporations end and our individual freedom and self-sovereignty begin. As our lives move online, privacy becomes rare and disappears.
That’s why we founded Cypherpunk… https://t.co/PD38Id90pg
— Tyler Winklevoss (@tyler) November 12, 2025
In line with the current update, Ledger’s Chief Technology Officer Charles Guillemet also commented on the security concerns. He said quantum computers aren’t even close. Break Bitcoin encryptionconcerns about its safety and long-term price outlook have allayed.
The price of Bitcoin is currently trading at $103,990.65, and many people are paying attention to it. Short-term Bitcoin price range Approximately $111,000 and $116,000. BTC movement here could cause an increase in volatility.
Still, long-term investors are keeping an eye on Winklevoss’ prediction, seeing it as a sign of renewed confidence in Bitcoin.
Zcash and promoting privacy
It is important to add that when explaining Cypherpunk’s goals, Winklevoss said that Zcash will be a key part of the company’s plans.
Cypherpunk has already purchased approximately 203,775 ZEC at an average price of $245, representing approximately 1.25% of Zcash’s total supply. The company aims to increase this number to at least 5% in the coming months.
He said Zcash, like Bitcoin, has a total supply of 21 million coins, but also offers private trading. In his words, if Bitcoin is digital gold, Zcash is digital cash. He said the two work in tandem, with one storing value while the other moves it privately.
It is important to add that Arthur Hayes, former CEO of BitMEX, shared his thoughts on Zcash and said: Prices can jump to $10,000 Depending on how the market values privacy coins, it could even drop to $10.
