Crypto

Billionaires Are Buying This Cryptocurrency That Could Soar 116% by Year's End, According to This Analyst

Published

2 years ago

September 19, 2024

Billionaires Are Buying This Cryptocurrency That Could Soar 116% by Year's End, According to This Analyst

Bitcoin (CRYPTO: BTC) can be a volatile asset. But that hasn’t stopped some analysts, experts, and billionaires from turning extremely bullish on the world’s largest cryptocurrency and buying huge amounts of it. After recent purchases the other day, billionaire Michael Saylor’s company MicroStrategy Incorporated owned 1.17% of all Bitcoin outstanding. Other billionaires, including Elon Musk and the Winklevoss twins, have also purchased huge amounts of Bitcoin.

These billionaires seem to be in line with one Wall Street analyst who recently issued a research note suggesting the price of Bitcoin could jump 116% from current levels and hit $125,000 by year’s end. Let’s take a look.

Impact of the election

In a recent report by the investment bank Standard Chartered, a team of analysts said that Bitcoin is poised to hit a new high by the end of the year, which is only a few months away. The bank considered several economic and political factors in reaching this conclusion.

First, Standard Chartered looked at how the presidential election might affect Bitcoin, ultimately determining that the outcome is less important than people think.

“Progress on relaxing regulations — particularly the repeal of SAB 121, which imposes stringent accounting rules on banks’ digital asset holdings — will continue in 2025 no matter who is in the White House,” Geoff Kendrick, global head of digital assets research at Standard Chartered, wrote in his note. Still, Kendrick thinks crypto deregulation will move faster if former President Donald Trump wins rather Vice President Kamala Harris, although he still thinks it would eventually happen under a Harris presidency, too.

Kendrick believes that a Harris victory would likely lead to an initial decrease in the price of Bitcoin but that it wouldn’t last long due to other external factors. Kendrick assigned Bitcoin a $125,000 price target if Trump wins and a $75,000 price target if Harris wins.

The economic impact

Aside from the election, Kendrick also thinks Bitcoin will start “building positive momentum” as the yield curve un-inverts after more than two years and starts to steepen, with long-term yields exceeding short-term yields.

That certainly makes sense from a historical perspective because Bitcoin has performed well in falling-interest-rate environments, which tend to increase investment in riskier assets because Treasury bills no longer yield as much. Additionally, lower interest rates typically result in a weaker U.S. dollar, creating another environment in which Bitcoin has performed well because it is viewed as an alternative to traditional currencies like the dollar.

Bitcoin Price data by YCharts

As you can see above, Bitcoin has performed very well in a lower-interest-rate environment. Recently, it’s also been resilient in the higher-rate environment.

Bitcoin and price targets

Price targets are difficult to predict for even the oldest blue-chip stocks, but they are especially difficult for an asset like Bitcoin, which can be more volatile than a traditional stock. We are also still in the process of learning more about Bitcoin and other cryptocurrencies.

Now, the billionaires who own Bitcoin have predicted some pretty outlandish price targets. For instance, Saylor thinks the price of Bitcoin could hit $13 million by 2045. Maybe, but it seems like an aggressive call. The good news about price targets from Wall Street is that they are usually placed 12 to 18 months out and are therefore a little more realistic.

I couldn’t tell you whether Bitcoin will hit $75,000 or $125,000 by year’s end. But I do think Bitcoin has long-term upside and can be a part of your portfolio.

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Bram Berkowitz has a position in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool recommends Standard Chartered Plc. The Motley Fool has a disclosure policy.

Billionaires Are Buying This Cryptocurrency That Could Soar 116% by Year’s End, According to This Analyst was originally published by The Motley Fool

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Crypto

Capital B Completes Capital Increase and Acquires 44 Additional Bitcoin, Now Holds 2,888 BTC

Published

6 minutes ago

March 24, 2026

Press Room

Capital B Completes Capital Increase and Acquires 44 Additional Bitcoin, Now Holds 2,888 BTC

France-based Capital B, also known as The Blockchain Group, announced the completion of an At-the-Market (ATM) capital increase and warrant issuances on March 23, 2026. This financial restructuring involves partnerships with TOBAM and UTXO Management to support the firm’s specialized focus on data intelligence and decentralized technology.

The company successfully acquired 44 bitcoin ( BTC) for $3.12 million (€2.7 million), bringing its total holdings to 2,888 BTC with an acquisition value of $309.34 million (€267.1 million). Key performance metrics reveal a year-to-date BTC yield of 0.72% and a total BTC gain of 20.4 tokens for the Paris-listed entity.

🧭 FAQs

• Where is Capital B headquartered and listed? The company is based in Puteaux, France and listed on the Euronext Growth Paris exchange.

• What is the total bitcoin holding for the group? The group and its Luxembourg subsidiary now hold a total of 2,888 BTC.

• Who participated in the recent capital raises? TOBAM and UTXO Management provided the funding through ATM contracts and share subscription warrants.

• Does this transaction require a local AMF prospectus? This specific financial transaction does not require a prospectus subject to approval by the AMF.

Crypto

Fintech Stock SoFi Technologies Just Proved That the Ultimate Cryptocurrency Has a Clear Use Case | The Motley Fool

Published

12 hours ago

March 23, 2026

Press Room

Fintech Stock SoFi Technologies Just Proved That the Ultimate Cryptocurrency Has a Clear Use Case | The Motley Fool

If a company, particularly one that operates in the otherwise boring and slow-moving financial services industry, has seen its revenue soar 133% in three years, it’s clearly doing something right. That’s the best way to describe SoFi Technologies (SOFI +1.48%). The digital banking superstar ended 2025 with almost 13.7 million customers.

Product innovation has been a key pillar of SoFi’s success, and in recent months, this core competency has been on full display. This fintech stock just proved that the ultimate cryptocurrency has a clear use case.

Image source: Getty Images.

Giving its members another tool to better handle their finances

SoFi tapped Lightspark, a payments start-up founded in 2022 by former Meta Platforms executive David Marcus, to enable cross-border payments for its customers. Lightspark provides the back-end infrastructure, while SoFi Pay users can leverage this exciting capability.

This feature leans on the Bitcoin (BTC +3.99%) Lightning network, a Layer-2 protocol that allows for fast and cheap transactions to occur.

What stands out with this is that SoFi doesn’t necessarily need to be bullish on Bitcoin. The management team simply picked what it thought was the most capable technological solution that could rapidly integrate and scale up. Since it was introduced in August last year, SoFi Pay now facilitates remittances to over 30 countries.

At a high level, the person sending the money and the person receiving the money deal with their own respective local currencies. Underneath the hood, SoFi and Lightspark handle the conversion to and from Bitcoin.

Besides how easy the feature is to use, SoFi could save its customers a lot of money. In 2024, $138 billion of remittances were sent from the U.S. to India, for example. Money-transfer services charge average fees that can be well above 5% of the value being sent.

Today’s Change

(3.99%) $2717.74

Current Price

$70898.00

Key Data Points

Market Cap

$1.4T

Day’s Range

$67564.00 – $71646.00

52wk Range

$60255.56 – $126079.89

Volume

56B

Propelling the top digital asset to its next stage of development

This product introduction shows how innovative SoFi is, as the popular banking platform isn’t afraid to try new things with the top priority being to better serve its members.

Additionally, this move is a clear signal to the rest of the world that Bitcoin has a use case in the finance world. Looking ahead, it will be important to pay attention to any commentary SoFi’s leadership team provides on adoption trends. Other banks might choose to do something similar.

I believe we’re now witnessing the early innings of Bitcoin’s next evolutionary phase to becoming a medium of exchange. It has been a wonderful investment, with a trailing 10-year return of 18,000% (as of March 18). While I expect strong gains to continue, the crypto asset’s ability to transfer value around the globe is impossible to overstate and will be critical for its long-term viability.

Should Bitcoin be leaned on more for its utility value, it provides durable demand. This can support a higher price in the future.

Crypto

The Best Crypto to Buy for Long-Term Investors Right Now | The Motley Fool

Published

1 day ago

March 23, 2026

Press Room

The Best Crypto to Buy for Long-Term Investors Right Now | The Motley Fool

Despite its position as a multitrillion-dollar asset class, the cryptocurrency industry is still trying to prove itself as a viable place to park capital. Volatility remains a challenge. And there is no shortage of critics who still believe these digital assets serve no purpose.

Even after considering these arguments, investors might want to test the waters for the sake of boosting the returns of their portfolios. Here’s the best cryptocurrency that long-term investors should buy.

Image source: Getty Images.

Start with the world’s prime digital asset

According to coinmarketcap.com, there are tens of millions of different cryptocurrencies out there that make up this relatively new asset class. That huge figure can distract investors who are serious about where to allocate their hard-earned savings. In this situation, simplicity is key. Stick to the proven crypto that has developed a dominant position: Bitcoin (BTC 0.57%).

Bitcoin has been around for more than 17 years, ever since its first block was mined in January 2009. This makes it the first cryptocurrency. Its market cap of $1.4 trillion (as of March 18) gives it almost 60% share of the entire industry.

And the performance is phenomenal. In the past 10 years, Bitcoin’s price has skyrocketed 18,000%. It has been one of the best assets that anyone could have owned this century.

You might be wondering what problem Bitcoin solves. It was created to be a solution to the current monetary system, which has its own issues. These center on persistent currency debasement and monumental, ever-increasing amounts of sovereign debt.

Bitcoin’s absolute scarcity, shown by its hard supply cap of 21 million units, is its most compelling feature. It’s also not controlled by a single entity, is completely decentralized, and has never been hacked.

Today’s Change

(-0.57%) $-390.91

Current Price

$68392.00

Key Data Points

Market Cap

$1.4T

Day’s Range

$67564.00 – $68885.00

52wk Range

$60255.56 – $126079.89

Volume

34B

Expect the volatility to continue, but the gains can be massive

Because Bitcoin is an emerging monetary asset, the volatility isn’t going away just yet. Over time, the price swings have gotten less extreme. However, the ups and downs are something long-term investors can’t avoid. This isn’t unique to Bitcoin. Some of the most impressive technology stocks over the past couple of decades, like Nvidia, Amazon, and Netflix, were extremely difficult to hold on to during times of intense volatility.

As was the case with those disruptive businesses, patient investors will be rewarded in this situation. Bitcoin is currently trading 41% below its record price from about five months ago. But it has historically always recovered to reach newer all-time highs. Its fundamentals, particularly around network security, transaction volume, and adoption trends, are all in strong shape.

Investors who can buy Bitcoin and hold for 10 years are setting themselves up for success.