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Yahoo
a day ago
- Business
- Yahoo
Could Bitcoin Help You Retire a Millionaire?
Some investors are now predicting that Bitcoin could hit a price of $1 million within the next few years. A dollar-cost averaging (DCA) strategy is one way to gain access to Bitcoin's $1 million price potential. Numerous risks still exist for Bitcoin, and it should make up only a small part of a prudent retirement portfolio. 10 stocks we like better than Bitcoin › When most people think about retirement, they probably aren't thinking about Bitcoin (CRYPTO: BTC). Historically, Bitcoin has been a risky, speculative, and volatile asset -- exactly the sort of asset you don't want to have in a retirement account. But, for many investors who have not saved nearly enough for retirement and are now playing catch-up, Bitcoin could offer a potential lifeline. After all, it's arguably the only asset capable of churning out triple-digit returns with any regularity. But can it really help you retire as a millionaire? A growing number of high-profile investors now think that Bitcoin could hit a price of $1 million or higher sometime within the next decade. For example, Cathie Wood of Ark Invest thinks Bitcoin will hit a price of $1.48 million by the year 2030. And there are still others who think Bitcoin will hit a price of $1 million by the end of 2028. These $1 million price forecasts are based on one primary factor: the growing adoption of Bitcoin by Wall Street financial institutions, corporations, institutional investors, and sovereign governments. Mainstream adoption sped up in 2024, when Wall Street launched new spot Bitcoin exchange-traded funds (ETFs). And it has only accelerated in 2025, with the launch of new Bitcoin-related initiatives by the Trump administration, such as the decision to create the Strategic Bitcoin Reserve. If you buy into these bullish future price predictions for Bitcoin, then all it takes is holding a single Bitcoin in your retirement portfolio, and you will eventually be a millionaire. Of course, that's easier said than done. The current cost of a single Bitcoin is about $105,000. Unless you're already a millionaire, you likely won't be able to buy a single Bitcoin immediately. You would need to dollar-cost average (DCA) into Bitcoin, buying steadily each month or each week. Theoretically, if you invest $1,000 in Bitcoin each month, like clockwork, for the next decade, you would eventually have $120,000 invested into Bitcoin. That would be enough to buy a single Bitcoin at today's prices. However, if you think that Bitcoin is going to hit $1 million by 2030, then you would need to speed up your timeline considerably. Instead of investing $1,000 in Bitcoin each month, you would need to invest $2,000 each month. The longer you wait to build your Bitcoin position, the more expensive this DCA strategy becomes. Right now, you "only" need $105,000 to buy a single Bitcoin. In a year or two, you might need double that amount to buy a single Bitcoin. In three years, you might need triple that amount of money to buy a single Bitcoin. At some point, a DCA strategy may no longer be feasible, unless your monthly income is growing at an extraordinary clip. Of course, all of this assumes that the future price trajectory of Bitcoin will be up for the next five years. For Bitcoin to soar in price from $100,000 to $1 million in just five years, it must grow at an annualized rate of 60%. But, if history is any guide, this is highly unlikely. That's because Bitcoin tends to have very steep declines every few years. For example, just consider what happened during the previous Bitcoin bull market rally. In 2021, Bitcoin hit a (then) all-time high of $69,000. By the end of 2022, it was trading for less than $17,000, a decline of 75%. While Bitcoin eventually recovered, it's a cautionary tale for anyone who thinks that becoming a millionaire is fast or easy. According to the Motley Fool Money 2025 Cryptocurrency Investor Trends Survey, investors still have numerous concerns about Bitcoin for retirement. Only 40% of those surveyed were interested in crypto for retirement. And the percentage has been falling over time. In 2024, that percentage was 44%. And in 2022, that percentage was 52%. This suggests that investors still have concerns about Bitcoin beyond just its volatility. For example, there are also questions about the safety and security of Bitcoin. If you decide to trust your Bitcoin to a cryptocurrency exchange, then you are at risk of hackers, criminals, or malicious corporate executives running off with your crypto. And if you decide to hold the Bitcoin yourself, then you are at risk of forgetting your cryptographic keys (without which you will never be able to access your Bitcoin), or even worse, the dreaded "wrench attack," involving threats of physical harm to a crypto holder. As a general rule of thumb, you should only be allocating a relatively small percentage of your retirement portfolio to Bitcoin. Depending on your overall risk appetite and how many years you have until retirement, this allocation could range between 1% and 5%. While this is the prudent thing to do, it also implies that investing thousands of dollars per month in Bitcoin via a DCA strategy might be out of reach for most investors. At some point, the math simply becomes overwhelming. So, if you are thinking about a potential DCA strategy for Bitcoin, just be aware of the risks and pitfalls involved. Becoming a Bitcoin millionaire might be more challenging than you originally imagined. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Dominic Basulto has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Could Bitcoin Help You Retire a Millionaire? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Here Are the 2 Best Cryptocurrencies to Invest $5,000 in Right Now
Bitcoin and XRP are both worth owning. Bitcoin is seeing its supply dry up due to big new holders and buyers. XRP could soon be held by the government, and it's being used to process payments. 10 stocks we like better than Bitcoin › Crypto is an asset class that's brushing up against sovereign policy, institutional capital, and regulated finance infrastructure. That makes now an exciting time to invest and probably a profitable time, too. Two assets, in particular, stand to benefit from this confluence. One is Bitcoin (CRYPTO: BTC), and the other is XRP (CRYPTO: XRP). Both are already being treated as strategic assets by deep-pocketed actors, and both may soon sit at the core of how digital value is stored, transferred, and governed. Here's why they're worth an allocation of $5,000 each. Bitcoin is currently experiencing something it probably won't ever experience again: A confluence of political breakthroughs and institutional adoption. On March 6, the White House issueed an executive order creating a Strategic Bitcoin Reserve (SBR), instructing the executive agencies to hang on to their seized coins instead of auctioning them off as had been their previous course of action. While the SBR isn't up and running yet, it could be a huge development for holders. This single stroke removes hundreds of millions of dollars in float (coins available for public trading) from the market and signals that the government now treats Bitcoin as a strategic asset to be held rather than as contraband to be offloaded to anyone willing to take it. And investors have taken notice of the government's unambiguous stamp of approval for the asset. U.S. spot price Bitcoin exchange-traded funds (ETFs) attracted a net of roughly $5.8 billion in inflows during May alone. Those flows matter because they represent long-horizon buyers like pension plans, insurers, and sovereign funds, which are less likely to flip on every price wobble. Furthermore, the sheer scale of their purchasing activity indicates that this asset is far, far more than a meme coin. With its price at about $105,000, or just a bit less than its all-time high, the coin's lofty valuation is underpinned by the fact that a shrinking portion of the total supply is actually available to buy. Between the U.S.'s and other government stockpiles, ETF custodians, and a base of long-term holders that are largely holding their coins at a profit, the circulating float is thinner than it looks. This means that marginal purchasing activity will have a strongly positive impact on prices. Given these dynamics and the fact that it's never going to be easier to mine (produce) than it is right now, it's very reasonable to allocate $5,000 to Bitcoin today. Just be prepared for some volatility over the years, and years that you should aim to hold it. Bitcoin has dropped 50% or more six times in 12 years. It remains volatile. If you can't tolerate large declines without losing sleep, lower your allocation or avoid the asset entirely. While Bitcoin grabs headlines, XRP is engineering the plumbing of cross-border finance, and it's precisely that less-visible work that's driving demand -- not to mention getting a green light from the government that's similar to the one Bitcoin got. The same executive order that created the SBR also envisioned a separate basket of non-Bitcoin cryptocurrencies for the closely related repository, the National Digital Asset Stockpile (DAS), with officials later naming XRP as one of the leading candidates for inclusion. So, in the eyes of the government, the coin is worth stockpiling, too. Aside from its favorable treatment by the government, XRP's value proposition is functional. Banks use it as a bridge asset to send funds across international borders in seconds for fractions of a cent. When financial institutions use XRP to process their transfers instead of legacy technologies, they avoid currency exchange fees, as well as the fees and days-long delays that are traditionally associated with legacy money transfer methods like SWIFT. Ripple, the company that issues XRP, claims that more than $1 trillion in value has been moved using XRP's ledger since 2012. Its payment network now spans 90 markets and 55 different currencies, so all of the most-used currencies in all of the most-moneyed nations are supported. The ability of XRP to handle such throughput is likely part of the reason why 83% of institutional investors plan to boost crypto exposure this year, many targeting tokens with clear real-world utility. XRP's market cap is about $129 billion, so any incremental institutional demand can move the needle very quickly in comparison to a behemoth like Bitcoin. But, its volatility is not to be underestimated. XRP once fell 95% peak-to-trough. Utility doesn't guarantee price support, especially if private ledgers win out or Ripple stumbles. Still, for investors allocating $5,000, XRP is a rational way to gain asymmetric exposure to real-world crypto adoption. Its institutional use case, regulatory tailwinds, and rising integration into national policy initiatives make it a somewhat risky but likely favorable bet. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $660,821!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $886,880!* Now, it's worth noting Stock Advisor's total average return is 791% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Alex Carchidi has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool has a disclosure policy. Here Are the 2 Best Cryptocurrencies to Invest $5,000 in Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Business
- Yahoo
These 3 Catalysts Could Bump Bitcoin to $125,000 by the End of Summer
After hitting a price of nearly $112,000 in May, Bitcoin has struggled to gain any new momentum. The White House is scheduled to finalize plans for the Strategic Bitcoin Reserve this summer. If the Federal Reserve cuts interest rates this summer, it could lead to a rally in Bitcoin. 10 stocks we like better than Bitcoin › Ever since hitting a new all-time high of $111,970 on May 22, Bitcoin (CRYPTO: BTC) has struggled to find any upward momentum. In fact, over the past two weeks, Bitcoin has shown signs of dropping below the $100,000 level. The good news is that three big catalysts are emerging that could push Bitcoin higher within the next three months. If so, Bitcoin could hit a new all-time high above $125,000 before the end of summer. The first catalyst is new legislation for the U.S. Strategic Bitcoin Reserve. Yes, an executive order already exists for the creation of the Strategic Bitcoin Reserve, but there is no legislation actually defining how it will work and function. The White House executive order in March specifically said that any future Bitcoin purchases must be "budget-neutral" with no direct impact on taxpayers. The new legislation is expected to outline a clear mechanism for how this would work. The big deadline to keep an eye on is July 22. That's when the Trump administration is scheduled to unveil the final architecture of its Strategic Bitcoin Reserve. According to Bo Hines, executive director of the White House President's Council of Advisers on Digital Assets, a "reserve framework" already exists and is already circulating among different inter-agency working groups. So, it really looks to be a case of when, and not if, new legislation for the Strategic Bitcoin Reserve will finally be voted on by members of Congress. If the Strategic Bitcoin Reserve is able to garner true bipartisan support, that's when Bitcoin could start to rally hard. One of the big stories of the year in the crypto industry has been the emergence of new companies that are following the Bitcoin Treasury Company (BTC) model. These companies do nothing but buy Bitcoin, and some of them have already amassed massive war chests to do just that. In addition, several high-profile companies within the tech industry are starting to consider adding Bitcoin to their balance sheets as a Treasury asset. In just the past six months, two major tech companies -- Microsoft (NASDAQ: MSFT) and Meta (NASDAQ: META) -- have voted on shareholder proposals asking them to add Bitcoin to their balance sheets. While both voted "no" on these proposals, it's easy to see how the dam is starting to break. One by one, smaller companies are starting to embrace Bitcoin. The latest example is Trump Media & Technology Group (NASDAQ: DJT), which recently raised over $2 billion to buy Bitcoin. All it takes is one high-profile company to embrace Bitcoin as a Treasury asset, and it might set off a domino effect within corporate America. And, finally, there's the matter of the Federal Reserve and a potential interest rate cut coming soon. Starting in April, President Donald Trump has been calling for the Fed to lower rates, even going so far as to suggest he might be willing to replace Fed Chairman Jerome Powell if he does not acquiesce. In early June, President Trump ramped up his call for a rate cut, saying that one is needed immediately. He's now demanding "a full point" from the Fed. As he noted in a social media post, this would be "rocket fuel" for the economy, making it easier for people to borrow money. It would also be "rocket fuel" for the crypto market. Historically, rate cuts by the Fed have led to the infusion of cheap, fast money into crypto. The best example is from the pandemic era, when the Fed lowered rates by a full point in March 2020. That coincided with Bitcoin soaring to new all-time highs in the period from April 2020 to November 2021. On paper, all of these potential Bitcoin catalysts sound fantastic. But how likely are they? After all, if the Trump administration can't pass the Big Beautiful Bill, how will it ever be able to pass a Big Beautiful Bitcoin Bill? And Fed rate cuts are no slam-dunk, either. As long as the economy is at risk of higher inflation from new tariffs, the Fed will likely be unwilling to reduce rates. That's why some traders are warning of a "bull trap" for Bitcoin. In other words, investors might be cajoled into investing in Bitcoin due to rampant hype, buzz, and speculation. It will look like Bitcoin has no place to go but up. As soon as enough of these investors put their money into Bitcoin, the trap will close. The price of Bitcoin will sink, and these investors will lose their money. So, if you're thinking about investing in Bitcoin, make sure you are doing so because you believe in its long-term outlook. If you are trying to time the market over the short term, you are likely doing it all wrong. The good news is that online prediction markets currently give Bitcoin a 62% chance of hitting $125,000 before the end of the year. If the U.S. government goes all-in on its Strategic Bitcoin Reserve, and if Corporate America continues to embrace crypto, it's possible that Bitcoin might reach that target by the end of the summer. Before you buy stock in Bitcoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bitcoin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $657,871!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $875,479!* Now, it's worth noting Stock Advisor's total average return is 998% — a market-crushing outperformance compared to 174% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Dominic Basulto has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin, Meta Platforms, and Microsoft. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. These 3 Catalysts Could Bump Bitcoin to $125,000 by the End of Summer was originally published by The Motley Fool Sign in to access your portfolio
Arabian Post
11-06-2025
- Business
- Arabian Post
Trump-Backed Truth Social Launches Spot Bitcoin ETF Bid
Trump Media & Technology Group, owner of the Truth Social platform, has submitted a Form S‑1 registration to the U.S. Securities and Exchange Commission for its proposed Truth Social Bitcoin ETF, aiming to list on NYSE Arca. The application states the fund will hold Bitcoin directly, with serving as custodian, prime execution agent and liquidity provider, and Yorkville America Digital listed as sponsor. NYSE Arca has separately filed a Form 19b‑4 to list the fund should it receive regulatory approval. The filing highlights an unprecedented disclosure linking the fund's prospects to President Trump's crypto-related initiatives. For the first time in a crypto-ETF filing, the risk section cites creation of an SEC crypto task force in January and the March executive order establishing a Strategic Bitcoin Reserve. It warns that the impact of these policies on the sponsor, the fund, TMTG, or affiliates 'is not possible to fully predict'. Bloomberg's Eric Balchunas noted this is likely 'the first time ever the advisor is in the risk section'. If approved, the ETF would become part of a growing cohort of spot Bitcoin funds currently active in the U.S., including BlackRock's iShares Bitcoin Trust, which has amassed over US $70 billion in assets, BlackRock having initially launched the product in January 2024. Other major asset managers—Fidelity, Bitwise—also offer similar instruments, making the market highly competitive. ADVERTISEMENT TMTG's proposed fund is closely tied to the broader ambitions of Trump's crypto policy platform. The earlier executive order in March 2025 mandated creation of a Strategic Bitcoin Reserve using government-forfeited assets, effectively integrating Bitcoin into sovereign reserves. The order also created a U.S. Digital Asset Stockpile, requiring federal agencies to centralise digital asset holdings and obliging the Secretaries of Treasury and Commerce to evaluate further acquisitions at no cost to taxpayers. The regulatory backdrop has shifted markedly. January's executive directive established a Presidential Working Group on Digital Asset Markets and directed the SEC to create a crypto task force. Gary Gensler resigned as SEC chair on the eve of Trump's inauguration and was succeeded by Paul Atkins, a noted crypto advocate. The SEC has since dropped several previous enforcement cases and eased accounting rules, paving the way for more crypto-product filings. Trump Media's broader strategy involves securing a substantial Bitcoin treasury. SEC filings indicate its Form S‑3 shelf registration allows issuance of up to 85 million shares tied to its $2.3 billion private placement, earmarked to purchase roughly 23,000 Bitcoin—potentially placing the company among the top public corporate holders. Custody of these assets is expected to be shared between Anchorage Digital and Yorkville America Digital's dual role—as sponsor of the ETF and partner to TMTG—has raised questions of conflicts of interest. The risk disclosure notes Yorkville affiliates are also involved in an investing platform tied to Trump's 'America First' agenda, and have made up to $2.5 billion in equity commitments to TMTG. The same affiliate acted as co-placement agent for the $2.44 billion private placement. Financial markets have responded with mixed signals. While Bitcoin briefly surpassed US $111,000 following Trump's return to the executive and policy shifts, it has since retreated to the US $105,000–$101,000 range. TMTG's own stock dropped around 8 per cent following public disputes between Trump and Elon Musk, and remains down roughly 56 per cent over the past 12 months. ADVERTISEMENT Analysts say the fund faces significant challenges. Despite its high-profile branding and alignment with Trump's policy agenda, it competes against established firms with deep institutional credibility. ETF expert Dave Nadig remarked that long-term asset gathering for this fund is 'extraordinarily unlikely'. CoinCorner CEO Danny Scott expressed unease about Trump's use of political influence in personal financial ventures. The ETF's structure also contains potentially problematic clauses. Cointelegraph reports that the S‑1 includes exclusive arrangements granting sole custodian and liquidity provision roles, and provisions that allow the sponsor to take positions ahead of the Trust—raising transparency concerns. Still, proponents contend the fund could redefine retail and ideological investor access. Backers assert its America‑First branding might appeal to conservative retail investors seeking regulated Bitcoin exposure. reach—serving over 140 million users and holding approximately US $30 billion in assets—could alleviate institutional concerns about custody risk. Approval hinges on SEC review of both S‑1 and 19b‑4 filings. With multiple spot Bitcoin ETFs already approved in the U.S., the regulatory framework exists—but TMTG's political ties, interlocking financial relationships and novel disclosures may trigger heightened scrutiny.
Express Tribune
07-06-2025
- Business
- Express Tribune
PM's aide on crypto Bilal Bin Saqib meets Elon Musk's father
Minister of State for Crypto, Blockchain and CEO of the Pakistan Crypto Council Bilal Bin Saqib Listen to article Special Assistant to Prime Minister (SAPM) on Crypto and Blockchain Bilal Bin Saqib, held a notable meeting in New York with Errol Musk, father of billionaire entrepreneur Elon Musk. The minister shared a photograph of the meeting on social platform X, in which Errol Musk is seen greeting him warmly. The image quickly gained attention, particularly given the growing relevance of blockchain discussions in global finance. Met Elon Musk's dad. Requested that the markets finally have great momentum - let's not mess it up! The world needs Tesla and Trump in the same group chat! 🙏 Peace and Build — Bilal bin Saqib MBE (@Bilalbinsaqib) June 6, 2025 According to Saqib, Errol Musk remarked during the meeting, 'The market has finally picked up. Let's not ruin it.' The quote was seen by observers as a subtle reference to ongoing global economic volatility and the importance of responsible innovation in tech and finance. Bilal Bin Saqib added in his post that the world desires greater alignment between powerful innovators and decision-makers. 'The world wants Tesla and Trump in the same group chat for peace and progress,' he wrote, suggesting that coordinated global dialogue is vital for technological and geopolitical stability. The meeting is being viewed as a symbolic moment as Pakistan seeks to strengthen its positioning in emerging technologies, particularly in the areas of digital assets and blockchain. Read More: Pakistan is establishing 'Strategic Bitcoin Reserve A day earlier, SAPM on Crypto and Blockchain Bilal Bin Saqib met with over a dozen key US government officials and lawmakers this week in Washington to strengthen cooperation in the areas of digital assets, blockchain regulation and financial innovation. The visit also served to share Pakistan's initiatives — including the recent announcement of its Strategic Bitcoin Reserve, efforts to build a virtual asset regulatory framework, and the use of stablecoins to improve remittances and expand financial access. The exchanges highlighted the need for closer global coordination and the role emerging markets like Pakistan can play in shaping the next chapter of the digital economy. Last week, the Ministry of Finance reported that Pakistan allocated 2,000 megawatts of electricity for Bitcoin mining and AI data centres as part of a national initiative to make Pakistan a leader in digital innovation. Read more: IMF seeks explanation on Bitcoin, AI initiatives This initiative, led by the Pakistan Crypto Council (PCC), aims to use excess electricity, create high-tech jobs, and attract foreign investment. The allocation marks the first phase of a broader digital infrastructure rollout. Future developments are expected to include renewable energy-powered facilities, global partnerships with blockchain and AI firms, and the establishment of fintech and innovation hubs. On the other hand, the federal government and the central bank reiterated on Thursday that the use of cryptocurrencies was illegal and anyone dealing in these currencies was liable to be investigated by the Financial Monitoring Unit (FMU) and the Federal Investigation Agency (FIA). The statements were made by Federal Finance Secretary Imdad Ullah Bosal and State Bank of Pakistan (SBP) Executive Director Sohail Jawad during a meeting of the National Assembly Standing Committee on Finance. Read more: Crypto currencies' use is illegal, National Assembly told The development also came a day after the newly appointed Special Assistant to the Prime Minister on crypto and blockchain, Bilal Bin Saqib, made a pitch for the promotion of cryptocurrencies during his visit to the United States. Crypto is not a legal currency in Pakistan, said Bosal. He recommended that the committee invite the Pakistan Crypto Council (PCC) for further briefing. SAPM Bilal Bin Saqib is also the chief executive officer of the PCC. "The work on the crypto currencies is at a very, very preliminary stage and whenever the government decides to take it further, we would recommend to first have a comprehensive legal and regulatory framework for it," Bosal said, adding that so far, there was no such framework.
