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Billionaires Love This Soaring Cryptocurrency: Here's Why | The Motley Fool

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Billionaires Love This Soaring Cryptocurrency: Here's Why | The Motley Fool

Bitcoin combines long-term upside potential with a surprising amount of downside protection.

As widely anticipated, Bitcoin (BTC -0.68%) is getting a big post-election rally, soaring to a new all-time high of more than $75,000. For the year, it is now up more than 70% (as of Nov. 7), and some investors now suggest it could hit $100,000 by next January.

Among those investors are some high-profile billionaires, including a mix of tech entrepreneurs and hedge fund titans, who have been buying the cryptocurrency throughout the year. If these billionaires are buying it, should you be, too?

The upside potential

Leading the charge is the tech billionaire Michael Saylor, founder and executive chairman of enterprise software maker MicroStrategy (MSTR -0.14%). In July, he predicted that Bitcoin could eventually soar to $13 million by the 2045.

Not surprisingly, he’s now positioning his company to buy as much as it possibly can during the next three years. It plans to buy another $42 billion worth of the digital currency by 2028, adding to its already substantial hoard of 252,200 bitcoins.

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And Saylor is not alone among tech billionaires. Jack Dorsey, chief executive officer of Block, now thinks that Bitcoin could hit $1 million by 2030. He’s particularly attracted to its technological features that help to make it the world’s premier digital currency.

Another tech billionaire buying the crypto is Mark Cuban. During the past few months, he has been suggesting that it could soar in value as it gains in adoption and becomes a more important part of the global financial system. In fact, he has even suggested that it could eventually replace the U.S. dollar as the global reserve currency.

Price predictions of $1 million or higher might sound like pie in the sky. But Bitcoin has a long track record of delivering market-beating performance. For more than a decade, it has been one of the top-performing asset classes in the world.

From 2011 to 2021, for example, it delivered annualized returns of 230%, and no other asset class was even close. Last year, Bitcoin was up more than 150% and is now on pace to hit triple-digit percentage gains this year. Of course, past performance is no guarantee of future results, but there’s ample reason to be optimistic about the cryptocurrency’s upside potential.

The downside risk protection

Hedge fund billionaires are also buying Bitcoin, but not for the reasons you might think. They are certainly aware of the long-term potential, but they are just as interested in its unique hedging properties. As they see it, Bitcoin can help protect against economic, political, and geopolitical risk, and that is what helps to make it so valuable to them.

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Image source: Getty Images.

Of particular concern is the current situation in the US. As some top hedge fund managers see it, the current $35 trillion debt load of the U.S. government is no longer sustainable. At some point, the house of cards propping up the economy is going to come crashing down. When that happens, hedge fund billionaire Paul Tudor Jones warns, you want to be holding Bitcoin, not dollars.

Other hedge fund managers are much more focused on inflation. From their perspective, the crypto can play a role similar to gold when it comes to hedging against inflation. In fact, as billionaire Stanley Druckenmiller pointed out last year, Bitcoin could actually become more popular than gold as a hedge against inflation, simply because it is a digital asset that can be traded on a 24/7 basis.

What’s next?

Now that Bitcoin has hit a new all-time high of more than $75,000, it’s only natural to ask: What’s next for the world’s most popular cryptocurrency? A high of $100,000 by the time of Donald J. Trump’s inauguration as president in January is certainly on the table right now, especially if he shows signs of following through on his pro-Bitcoin campaign promises.

Meanwhile, investment firm Bernstein is calling for a new high of $200,000 by the end of next year. That’s when things get really interesting, because that’s when you can really start to visualize how Bitcoin’s ascent to $1 million is going to happen. To hit $1 million by the year 2030, it would only need to deliver annualized returns of about 40% per year for the next five years.

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Given Bitcoin’s historical track record of delivering triple-digit returns on a regular basis, 40% certainly sounds like an achievable goal. I’m long-term bullish. I agree with the billionaires who are buying Bitcoin right now: A combination of enormous upside potential with significant downside risk protection creates a very compelling investment thesis over the long run.

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The Cryptocurrency That Could Be About to Explode 1,000% | The Motley Fool

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The Cryptocurrency That Could Be About to Explode 1,000% | The Motley Fool

This tiny AI coin could be ready to skyrocket in 2026.

It’s slim pickings in the crypto market right now, with nearly every cryptocurrency down 25% or more over the past 90 days. But if you’re willing to dig for bargains and hold your nose at the same time, it’s possible to come up with some potential blockbuster plays for 2026.

My favorite pick right now is Artificial Superintelligence Alliance (FET 0.25%), down 68% over the past 90 days, and more than 80% for the year. This is exactly the type of beaten-down cryptocurrency that could be ready to explode higher by 1,000% or more over the next 12 months.

Rules for picking 1,000% winners

In order for any cryptocurrency to soar 1,000% or more within a relatively short period of time, it needs to meet a few key criteria. First of all, it needs to be dirt cheap — that’s the only way to attract speculative retail money. So, as a first cutoff, let’s narrow our search to beaten-down cryptos trading for $1 or less.

Second, the cryptocurrency needs to be in a red-hot sector or backed by a red-hot investment thesis. Within the blockchain and crypto world, there are plenty of potential hot ideas to choose from, including real-world asset tokenization, stablecoins, and decentralized finance (DeFi).

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But let’s face facts here: If you try explaining real-world asset tokenization or stablecoins to your friends and family over the winter holidays, you’ll probably be met with a very frosty reception. The investment narrative needs to be easy to grasp and easy to explain. And I can’t think of a better one right now than artificial intelligence (AI).

Image source: Getty Images.

So let’s further narrow our search down to so-called AI coins. This was once a red-hot category, and includes some major names like Bittensor, Render, and Artificial Superintelligence Alliance (FET 0.25%).

The case for buying Artificial Superintelligence Alliance

Of these AI coins, the only one that’s trading for less than a buck right now is Artificial Superintelligence Alliance (the cryptocurrency formerly known as Fetch.ai). It has a super-low discount price of $0.20 — almost as cheap as some meme coins. In order for FET to explode in price by 1,000%, all investors need it to do is hit a price of $2.20.

Fetch Stock Quote

Today’s Change

(-0.25%) $-0.00

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Current Price

$0.21

Thankfully, it has already done that in the past. In March 2024, Artificial Superintelligence Alliance hit an all-time high of $3.47. So, getting back to a price level of $2.20 may not be as insurmountable as it seems at first.

Moreover, the crypto (via the involvement of Fetch.ai in the alliance) is at the forefront of the hot new field of agentic AI, so there’s plenty of long-term growth potential.

Just keep in mind that there’s a big reason the price of Artificial Superintelligence Alliance has cratered by nearly 95% over the past 18 months. Simply put, investors have given up on the “alliance” that was supposed to create the world’s foremost AI coin.

The multistep merger process that was supposed to result in a single token called ASI has gone on much longer than expected. It has also been much messier than many people expected. In October, Ocean Protocol — one of the three big AI players involved — finally pulled out of the alliance, and that sent the price of FET tumbling.

What can investors expect in 2026?

As recently as December 2024, the price of Artificial Superintelligence Alliance was around $2. That’s why I’m optimistic about a potential rebound in price in 2026. Crypto traders have likely overreacted and are now dumping this AI coin indiscriminately.

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That being said, a 1,000% surge in price is by no means guaranteed. It’s quite possible that the price of Artificial Superintelligence Alliance could go to zero. So, buckle up now if you plan to invest in this AI coin — the path ahead is likely to be filled with turbulence and stomach-churning moves up and down.

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China Discovers ‘Largest’ Undersea Gold Deposit in Asia as State Mining Ambitions Expand

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China Discovers ‘Largest’ Undersea Gold Deposit in Asia as State Mining Ambitions Expand
China says it has uncovered Asia’s largest undersea gold deposit, a massive offshore find that strengthens domestic supply, reshapes regional resource rankings, and highlights Beijing’s accelerating push to secure strategic minerals.
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Crypto

North Korean hackers allegedly stole record $2.02 billion of cryptocurrency in 2025. Here’s how they did it | Stock Market News

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North Korean hackers allegedly stole record .02 billion of cryptocurrency in 2025. Here’s how they did it | Stock Market News

North Korea remains dominant threat to cryptocurrency security in 2025, even while confirmed incidents have decreased, according to a report by blockchain analytics company Chainanlysis.

Hackers from the Democratic People’s Republic of Korea (DPRK) allegedly stole a record $2.02 billion of crypto this year — a 51% jump compared to 2024, and taking their all-time total to $6.75 billion, it added.

The analysis further found that the DRPK is achieving larger thefts with fewer incidents, using unique methods to gain access and pull off their heists.

North Korea’s alleged crypto heists: Here’s how they did it

As per the report, these hacks were often carried out in unique fashion by embedding IT workers inside crypto services or using sophisticated impersonation tactics targeting executives.

Embedding IT workers

This is among the DPRK’s “principal attack vectors”, the report said. It added that the hackers secured jobs inside crypto services to gain privileged access and enable high‑impact compromises.

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“Part of this record year likely reflects an expanded reliance on IT worker infiltration at exchanges, custodians, and web3 firms, which can accelerate initial access and lateral movement ahead of large‑scale theft,” it noted.

Fake jobs

Further, taking the IT worker model and “flipping it on its head”, the analysis said that DPRK-linked operators are also increasingly impersonating recruiters for prominent web3 and AI firms. This way, they orchestrate fake hiring processes that culminate in “technical screens” designed to harvest credentials, source code, and VPN or SSO access to the victim’s current employer.

“At the executive level, a similar social‑engineering playbook appears in the form of bogus outreach from purported strategic investors or acquirers, who use pitch meetings and pseudo–due diligence to probe for sensitive systems information and potential access paths into high‑value infrastructure,” it added.

Higher- value attacks

Over the years, DPRK-linked operators are increasingly undertaking significantly higher-value attacks compared to other threat actors. “This pattern reinforces that when North Korean hackers strike, they target large services and aim for maximum impact,” the report added.

It noted that “this year’s record haul came from significantly fewer known incidents”, including the massive $1.5 billion Bybit hack in February 2025.

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DPRK’s distinctive laundering patterns

Not just the hacking process, the laundering of stolen funds is also distinctive, the report said. It noted that more than 60% of laundering was of volume concentrated below $5,00,000 transfer value tranches, despite the total stolen amounts being larger.

“Even while the DPRK consistently steals larger amounts than other stolen fund threat actors, they structure on-chain payments in smaller tranches, speaking to the sophistication of their laundering,” it added.

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