‘More Valuable Than Gold’- The Motley Fool Announces $5 Million Investment In...
The fifth-largest investment website globally with over 80 million monthly visitors, The Motley Fool’s positive outlook for the future of bitcoin is another data point in the coin’s journey as the influential advisory organization wades into the debate. Investing Advice Provider Believes Bitcoin Will Deliver Ten-Fold Returns in the Next 15 Years The Motley Fool has announced a $5 million investment into bitcoin as part of a long-hold plan to gain a 10x return on its investment over the next 15 years. As the fifth-largest investment website globally, with over 45 million unique....
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“We plan to hold this Bitcoin investment for many years and we'll wait for all of our members in our new 10X service to be able to buy before we do.” Financial and investment advisory giant The Motley Fool has announced it will invest $5 million into Bitcoin (BTC) with the expectation that it will rise to $500,000.Announced earlier today via a blog and Twitter post, the firm stated it won’t be “buying overpriced ETFs” but will be “buying Bitcoin directly.” Currently ranked fifth globally in the investing category, according to SimilarWeb, and with 87 million website visits per month, The....
Motley Fool analysts think this smallcap bank stock might be the next to benefit from Bitcoin's surge Following a Citi report downgrading business intelligence firm Microstrategy’s stock to a “sell” rating, analysts for popular trading website the Motley Fool have recommended a lesser-known bank stock that also has an emphasis on cryptocurrencies. Last Tuesday, Citi analyst Tyler Radke downgraded Microstrategy (NASDAQ:MSTR) shortly after the firm announced a debt purchase that would bring its Bitcoin holdings up to a nearly $1 billion mark. The report chided the company, which at points....
PRESS RELEASE. Leading personal financial services’ evaluator, the Ascent, named KuCoin crypto exchange the best cryptocurrency app of 2022. The Ascent is a flagship product of world-renowned private financial and investing advice company, The Motley Fool. Ascent rated KuCoin Exchange based on factors like fees, selection of coins, customer reviews, KYC rules, security features and wallet availability.
Accolades from organizations such as the Ascent or Forbes—which named KuCoin Exchange one of the best cryptocurrency exchanges last year—reflect the....
Increased trading volumes, innovative products and strong DeFi integration have helped BNB, HT, FTT and OKB soar in February. Bitcoin’s (BTC) current bull run continues to attract institutional investors who are finally realizing its long-term potential. The latest to take the Bitcoin plunge is BlackRock Financial Management, which has “started to dabble a bit” in crypto investments, according to the investment giant’s chief investment officer Rick Rieder.In another positive, investment advisory The Motley Fool projected that Bitcoin could rise to $500,000 over the next 15 years. The firm....
Daniel Mark Harrison is a financial journalist and entrepreneur who writes a daily column for The Motley Fool UK and whose work has appeared regularly in other mainstream publications, including the Wall Street Journal. Since discovering bitcoin in early 2013, he has had a fascination for the digital currency. In this article, Harrison examines the many reason touted for the decline in the bitcoin price, debunking a few myths along the way, and takes a look at where the price might be headed in both coming months and years. The past weekend rounded up the recent trend of brutally....