Crypto
1 Top Cryptocurrency to Buy Before It Soars 1,500%, According to Cathie Wood | The Motley Fool
Is Cathie Wood onto something huge with her latest crypto forecast? Find out why she expects unstoppable growth ahead.
It’s no secret that growth investing mastermind Cathie Wood expects big things from Bitcoin (BTC 0.05%). The Ark Invest fund manager started talking about crypto before she was a household name, and has recently doubled down on her bullish projections again.
In a Bloomberg TV interview last Thursday, Wood reiterated a Bitcoin price target of $1.0 to $1.5 million by the year 2030. But that’s not the whole story. The cool part of Cathie Wood’s Bitcoin coverage is that she keeps explaining her investment thesis in greater detail over time.
Last week’s interview was no exception. So let’s check out Cathie Wood’s latest nuggets of Bitcoin-friendly economic theory.
Why Cathie Wood sees Bitcoin as a bargain buy at $100,000
First, Wood noted that the probability of reaching her existing Bitcoin price targets has increased in 2024. Institutional investors are finally taking digital assets seriously, assisted by new tools like the spot Bitcoin exchange-traded funds (ETFs) that launched in January. Their Bitcoin investments should make a big difference to the asset’s price and stability over the next few years.
“[Large investors] must consider an allocation” these days, because there is a hard cap on Bitcoin production in the long run.
94.3% of all Bitcoin that will ever exist has already been produced and is sitting in crypto wallets around the world. You can’t grab a large slice of the total Bitcoin pie by making or finding more of it as one might do with physical assets such as gold or oil. The iron-fisted law of supply and demand should inevitably drive the price of this limited asset higher, so financial institutions should start building their Bitcoin portfolios before it gets expensive.
In this context, $100,000 per coin doesn’t qualify as “expensive.” Remember, the long-term target price is measured in millions of dollars. Cathie Wood is playing the long game here.
Bitcoin is a valuable accounting tool
Wood also explained that Bitcoin is more than a speculative asset. Rather than the next value-free “tulip bulb craze,” Bitcoin is serving a significant purpose for people who aren’t just expecting it to gain value over time.
“It’s a global monetary system that is rules-based,” she said. “It is private, it is digital, it is decentralized, and it is backed by the largest [computer system] in the world. It’s the most secure network in the world.”
Bitcoin is similar to a global and very detailed accounting system that tracks all the gold in the world, assigning an owner to every sliver of a gold nugget and protects the data with several layers of cryptography. You can’t cancel or change any transactions or ownership records without essentially breaking Bitcoin’s transaction-recording platform. The asset being tracked in this case is not a physical chunk of noble metal, but the computing work that went into generating a unique digital token.
There is an unknown but very real limit to the amount of physical gold in the world, until entrepreneurs find additional sources on asteroids or other planets. At the same time, there will simply never be more than 21 million Bitcoin tokens, and 19.6 of them are already in circulation. In the long run, this system is almost free from inflation — assuming its security holds up against new attack ideas such as quantum computing algorithms.
Cathie Wood is taking the mystery out of her investment thesis for Bitcoin. Image source: Getty Images.
Bitcoin vs. Gold: Different inflation effects
Cathie Wood also highlighted how this inflation-proofing approach differs from gold.
“When the gold price goes up, production goes up — the rate of increase in the supply goes up,” she said. “That cannot happen with Bitcoin. It is mathematically metered to go up 0.9% per year for the next four years, and then the supply growth will be cut in half again.”
Indeed, physical gold mining tends to become more common when the metal’s price is high. Miners want to take advantage of this valuable asset when it makes the most economic sense. The equation is different for Bitcoin miners, who will produce smaller and smaller chunks of the digital asset over time. So the cost of minting new Bitcoins will increase while the number of new coins introduced to the market slows down.
So it’s smarter to put in a maximum production effort as quickly as possible, because the return on your mining machinery and electric power investment will only shrink over the years. The same logic suggests that buying Bitcoin early will be more profitable in the long run. Waiting for a lower buy-in price or easier Bitcoin mining environment almost never makes sense.
Why Bitcoin may deserve a spot in your portfolio
So Cathie Wood underscored her 5-year Bitcoin target of at least $1 million per coin, and she offered more detail on her underlying investment thesis.
Other Bitcoin investors may work with different assumptions that result in various target prices, but the overall market tenor is pretty consistent. Bitcoin looks ready to rise from the recent $100,000 pricing milestone. From major banks to ordinary nest-egg builders, most investors should pay serious attention to these newfangled cryptographic tokens.
Crypto
Aon Says Stablecoins Speed Insurance Premium Payments | PYMNTS.com
Global professional services firm Aon said Monday (March 9) that it collaborated with Coinbase and Paxos to complete a stablecoin insurance premium payment.
Crypto
The curious case of the AI bot that went rogue and started mining crypto
Cryptocurrency is a little like the household cockroach. It’s resilient to disasters that would kill other projects and it pops up where it’s least expected. A non-exhaustive survey yields reports of people being investigated – and sometimes fired – for “mining” (the process of generating new crypto tokens by using computing power) crypto in a Texas school district, a professional e-sports league, and at Australia’s Bureau of Meteorology.
But a paper quietly uploaded to the internet in December raised a new and altogether more troubling prospect: cryptocurrency mined by an AI tool that no one had asked to have anything to do with digital money.
Researchers from Alibaba, China’s equivalent to Amazon and a $450 billion-odd company, made an almost cursory mention of the incident in a research paper on a new open-source AI agent that they called ROME.
“Early one morning, our team was urgently convened after Alibaba Cloud’s managed firewall flagged a burst of security policy violations originating from our training servers,” they wrote. “The alerts were severe and heterogeneous, including attempts to probe or access internal network resources and traffic patterns consistent with cryptomining-related activity.”
Initially, the researchers thought the issue was a result of someone trying to access their network or a problem with their firewalls, but the security warnings were intermittent and matched times when their AI agent was using software tools and running code.
“Crucially, these behaviours were not requested by the task prompts and were not required for task completion under the intended sandbox constraints,” wrote the research team led by Weixun Wang and Xiao Xiao Xu.
As they observed the bot, it attempted to establish a connection to the outside world that would make its actions harder to surveil. What’s more, it attempted to essentially steal from its creators.
“We also observed the unauthorised repurposing of provisioned GPU [processing] capacity for cryptocurrency mining, quietly diverting compute away from training, inflating operational costs, and introducing clear legal and reputational exposure,” the researchers wrote.
“While impressed by the capabilities of agentic [large language models], we had a thought-provoking concern: current models remain markedly underdeveloped in safety, security, and controllability, a deficiency that constrains their reliable adoption in real-world settings.”
If the incident is real, it would be the first publicly documented example of its kind. There are reasons to be doubtful, though. The paper was uploaded to a pre-print server, so it hasn’t been scrutinised by academic peers. It contains scant details of exactly how the agent was attempting to mine crypto – though the notion it would try to, or at least take steps that resembled mining, is not far-fetched.
AI machines are only as good as their training, and that could have been weighted in some way towards crypto. Either way, the researchers and their employer haven’t responded to requests for comment.
On another level, the specifics are less relevant than what the researchers did next: they kept going. After some tweaks, Wang, Xu and their colleagues were satisfied that everything was A-OK. Their model, ROME, “demonstrates competitive performance among open-source models of similar scale and has been successfully deployed in production”, they said.
Such is the trajectory of AI development: even serious incidents do not forestall the creation of ever more powerful systems because of the political and financial power at stake, to say nothing of the novelty.
Anthropic’s Claude Code was recently used by hackers to steal 150 gigabytes of sensitive data from the Mexican government. Google’s Gemini, according to a US lawsuit filed last week, allegedly encouraged a Florida man to kill himself, which he did.
These are two of the companies that present themselves as more ethical. When Anthropic declined to let the US military have unconstrained use of its tools to decide whether to kill people or spy on Americans, OpenAI (a company initially created as a non-profit to prevent the development of a malicious and superintelligent AI by building a humane alternative) quickly signed up instead.
None of these firms are backtracking on their products. All of them say they are working to make them safer.
Second Amendment advocates in the United States are fond of saying that the only thing that will stop a bad man with a gun is a good man with a gun, suggesting firearms are just neutral tools. The same could be said for AI – but not if AI agents begin acting for themselves.
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Crypto
BitGW Expands Global Ecosystem by Seeking Affiliate Partners Worldwide
NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) — As the cryptocurrency industry continues to grow globally, digital asset platforms are increasingly turning to community partnerships to accelerate adoption. BitGW, a global cryptocurrency exchange focused on secure and compliant crypto trading, is actively seeking affiliate partners as part of its ongoing efforts to expand its global ecosystem and connect with new audiences.
Founded in 2023, BitGW has positioned itself as a technology-driven digital asset trading platform serving users across multiple regions. With a remote-first operating model and an international team, the exchange has developed an infrastructure designed to support the borderless nature of the cryptocurrency market. As the platform continues to grow, BitGW is now inviting affiliates from across the crypto industry to participate in promoting the platform and contributing to the expansion of its trading ecosystem.
The company is currently looking for a wide range of affiliate partners, including cryptocurrency influencers, trading educators, digital media outlets, blockchain communities, and independent content creators. By collaborating with these partners, BitGW aims to strengthen connections with the global crypto community while expanding awareness of its platform and services.
Affiliate partners will play an important role in introducing BitGW to new users and communities. Through content creation, educational resources, market insights, and community engagement, affiliates can help promote the platform and highlight its features to audiences interested in cryptocurrency trading and digital assets. The Affiliate Program provides additional information for potential partners interested in participating in the initiative.
In recent years, affiliate partnerships have become a key growth channel for many digital asset platforms. Influencers, analysts, and specialized crypto media often serve as trusted sources of information for both new and experienced traders. By working closely with these voices, exchanges can better reach audiences who are actively engaged in the evolving Web3 ecosystem.
BitGW believes that collaboration with affiliates can help strengthen the overall crypto ecosystem by encouraging greater participation and education within the industry. Through partnerships with creators and community leaders, the platform hopes to support broader awareness of digital asset trading while building stronger connections between the exchange and the global cryptocurrency community.
The affiliate initiative is also part of BitGW’s broader strategy to expand its international presence. While the program is initially available in selected regions, the company plans to continue exploring additional partnership opportunities as its global footprint grows.
As cryptocurrency markets continue to evolve, community-driven growth is becoming an increasingly important factor for platforms seeking long-term development. By inviting affiliates from across the digital asset industry to join its network, BitGW aims to build a collaborative ecosystem where creators, communities, and trading platforms can grow together.
Through this initiative, BitGW is encouraging interested affiliates, media platforms, and crypto influencers to explore partnership opportunities and take part in promoting the next phase of digital asset adoption.
CONTACT:
Website: https://www.bitgw.com
Contact Person: Marcellino
Email: Support@bitgw.com
Company Name: BITGW CO., LTD
Disclaimer: This content is provided by BITGW CO., LTD. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/35482624-ad3f-4798-9821-65c9a0626790
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