Latest news with #crypto market
Yahoo
a day ago
- Business
- Yahoo
If You'd Invested $10,000 in DOGE 5 Years Ago, Here's How Much You'd Have Today
Key Points Dogecoin is the cryptocurrency market's largest meme coin. While Dogecoin's token price has been prone to high levels of volatility, it's managed to deliver huge returns over the last five years. Dogecoin is a risky and highly speculative investment, but it's seen recent momentum in conjunction with favorable developments for the crypto industry. 10 stocks we like better than Dogecoin › Dogecoin (CRYPTO: DOGE) was one of the crypto market's first meme coins. While the cryptocurrency token was seemingly started with somewhat of a joking context, it's shown impressive staying power since its debut way back in December 2013. Through some huge swings, the cryptocurrency now has a market capitalization of roughly $33 billion as of this writing -- making it the eighth-largest overall token by measure of valuation. Dogecoin has always been a risky and highly speculative play, but it's actually managed to deliver incredible returns for investors who bought the crypto five years ago and held on to their tokens. Read on to see how much a $10,000 investment in Dogecoin made five years ago would be worth today -- and for a look at the key catalysts that are shaping its recent valuation moves. An investment in Dogecoin five years ago would have been a massive winner If you invested $10,000 in Dogecoin five years ago and held on to your position, it would now be worth more than $600,000. While the crypto market has seen the introduction of a wide array of meme coins, Dogecoin has the largest level of support by far. For comparison, Shiba Inu ranks as the second-largest meme coin by valuation and has a market cap of roughly $7.5 billion. As of this writing, Dogecoin's market cap is roughly 4.4 times larger than Shiba Inu's market capitalization. With the cryptocurrency market seeing a strong bull run over the last several months in response to political and macroeconomic tailwinds, Dogecoin has been a beneficiary of the momentum. The meme coin is up roughly 19% over the last three months and has recently seen gains connected to news that cryptocurrencies will become eligible for inclusion in 401(k) accounts. On the other hand, Dogecoin is still down roughly 35% year to date -- and investors should proceed with the understanding that the cryptocurrency's potential for big upside comes with a high level of risk. Should you invest $1,000 in Dogecoin right now? Before you buy stock in Dogecoin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Dogecoin 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 $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. If You'd Invested $10,000 in DOGE 5 Years Ago, Here's How Much You'd Have Today was originally published by The Motley Fool
Globe and Mail
27-07-2025
- Business
- Globe and Mail
Ethereum Is Soaring. 3 Reasons Investors Should Pay Attention.
Key Points Ethereum is now up 65% over the past 30 days, and is starting to decouple from Bitcoin. Ethereum's recent performance could signal the arrival of "altcoin season," when risky, speculative cryptocurrencies tend to outperform. New crypto legislation is opening up high-growth opportunities for Ethereum in areas such as stablecoins. 10 stocks we like better than Ethereum › Seemingly out of nowhere, Ethereum (CRYPTO: ETH) has become one of the hottest cryptocurrencies on the planet. It's now up 65% over the past 30 days, and analysts are busy ratcheting up their price targets for just how high Ethereum might go in 2025 and beyond. Ethereum's rapid rise over the past few months could have important implications for your investment portfolio. Here are three reasons why investors should be paying attention. The arrival of "altcoin season"? Ethereum's rise has been so meteoric that it is now outpacing Bitcoin (CRYPTO: BTC), which is only up 15% over the past 30 days. This isn't supposed to happen. Historically, there has been a very tight correlation between price movements in Bitcoin and Ethereum. As a result, some investors are already starting to suggest that Ethereum's decoupling from Bitcoin could signal the arrival of "altcoin season." This is the time of the year when investors shift away from Bitcoin and into riskier, more speculative cryptocurrencies (such as viral meme coins) in search of higher returns. Typically, the first tell-tale sign of "altcoin season" is when Ethereum starts to overheat. This is then followed by money flowing into riskier and riskier cryptocurrencies, until a vast speculative bubble starts to form. If history is any guide, this is what could be happening now. Already, investors are starting to talk up the types of cryptos that might "pop" during this altcoin season. So, any vacation you might have planned during August could be the perfect time to think about ways you can diversify your portfolio away from Bitcoin in order to capture some of this potential upside. New momentum for Ethereum in two key areas Two new pieces of crypto legislation -- the Genius Act and the Clarity Act -- are now passing through Congress, and hopes are already building about what this could mean for Ethereum. The thinking here is that the combination of the Genius Act (which governs stablecoins) and the Clarity Act (which provides a regulatory framework for all digital assets) might create a sort of "perfect storm" for Ethereum's future development. That's because Ethereum is a powerhouse when it comes to both stablecoins and decentralized finance (DeFi), and these are exactly the two areas of the crypto market that this new legislation is designed to help. With that in mind, investors need to keep their eyes open for new investment opportunities that involve DeFi, and especially those that involve stablecoins. The hype around stablecoins might be a bit overblown, but even the most cynical investor has to admit that something huge is happening here. Stablecoins have grown from a sleepy $20 billion industry in 2020 to a $250 billion industry today. And Treasury Secretary Scott Bessent thinks stablecoins could hit $2 trillion within just a few years. A new way to invest in Ethereum Finally, keep your eyes open for new ways to invest in Ethereum. Arguably, the most exciting of these opportunities are the new Ethereum Treasury Companies that have been appearing ever since the end of May. There are now three publicly traded companies -- Bitmine Immersion Technologies (NYSEMKT: BMNR), Bit Digital (NASDAQ: BTBT), and SharpLink Gaming (NASDAQ: SBET) -- that have ditched their old business models and gone all-in on Ethereum. And one more -- The Ether Machine -- is on its way. The goal of these companies is to become "the Strategy (NASDAQ: MSTR) of Ethereum." Strategy has become one of the top-performing publicly traded companies in the world by building up a massive Bitcoin position on its balance sheet. In a similar way, companies are now racing to amass Ethereum on their balance sheets, in the hopes of delivering similar types of performance. For investors, this opens up new possibilities. It might be the case, for example, that you can earn higher returns by investing in these Ethereum Treasury Companies than by investing in Ethereum itself. Before you invest in Ethereum Does all this sound too good to be true? Maybe it is. After all, even though Ethereum has turned in some blistering performance of late, it's still only up 10% for the year. If you look at a chart for Ethereum for 2025, you'll see that it's been a roller coaster ride. Ethereum was on a rapid downward path for the first five months of the year, and is now rising nearly as fast on the upside. As a result, some of the updated price forecasts for Ethereum might be overly optimistic. The all-time high for Ethereum is under $5,000, but some are already predicting that Ethereum could hit $15,000 soon. That just doesn't seem to be realistic. So before you invest in Ethereum, make sure you do your due diligence. Should you invest $1,000 in Ethereum right now? Before you buy stock in Ethereum, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Ethereum 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 $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025
Yahoo
15-07-2025
- Business
- Yahoo
3 Factors Behind Bitcoin's Latest Record High. Will This Major Cryptocurrency Continue to Rise?
Bitcoin just hit a new all-time high of $120,000, primarily on the basis of rising institutional demand. New crypto-friendly policies from the Trump administration are also helping to power Bitcoin higher. While crypto market sentiment is currently bullish, there are still many unanswered questions related to the U.S. economy and global trade. 10 stocks we like better than Bitcoin › Bitcoin (CRYPTO: BTC) just surged past the $120,000 mark, setting yet another all-time high. Bitcoin is now up more than 28% for the year, and could be ready to soar even higher in the second half of the year. While Bitcoin's upward ascent might seem inevitable to many, there was actually a period in April when the cryptocurrency's price trajectory was very much in doubt. Bitcoin fell from a (then) all-time high of $110,000 to nearly $70,000. It has now fully recovered, and appears to be stronger than ever. So how did we get from there to here, in such a short period of time? The biggest factor in Bitcoin's favor has been robust demand from institutional buyers. The easiest way to see this in action is by tracking inflows (and outflows) of the spot Bitcoin exchange-traded funds (ETFs). During the peak of tariff uncertainty, money actually started to flow out of these ETFs, and the price of Bitcoin fell accordingly. But then, in early May, flows reversed again, with institutional investors once again placing their faith in Bitcoin. At the same time, an entirely new source of demand has emerged: the Bitcoin treasury company. Around the world, companies are loading up on Bitcoin for their balance sheets. In the U.S., the best example is Strategy, the company formerly known as MicroStrategy. In Japan, there's Metaplanet. In Europe, there's The Blockchain Group. What's particularly fascinating is that some companies in industries not even tangentially related to crypto appear to be abandoning their prior business models entirely as they refocus on Bitcoin. There are medical device companies buying Bitcoin. There are luxury watchmakers buying Bitcoin. There are real estate companies buying Bitcoin. And there are social media companies now buying Bitcoin. The other big factor in Bitcoin's favor has been strong support from the Trump administration. This goes far beyond just showing up at Bitcoin events in Las Vegas, or hosting crypto summits at the White House. The Trump administration is actually starting to draft legislation for the crypto market. The first step was the debut of new stablecoin legislation. The next step will be the passage of broad crypto market legislation, clearly laying out the rules of the road for different crypto assets, similar to what already exists in Europe. After that, it's likely that we'll see passage of new legislation that codifies the Strategic Bitcoin Reserve into law. When President Donald Trump signed the executive order in March, there was only a broad framework for how such a reserve would function. So it's important to sign into law something along the lines of the Bitcoin Act of 2025, which has already been introduced by Senator Cynthia Lummis (R-Wyoming). The third and final piece of the puzzle is market sentiment. This has the power to move markets up or down extremely quickly. Right now, investors are buoyant. Equity markets are at all-time highs, Bitcoin is at an all-time high, and Nvidia just became the first company to hit a $4 trillion market valuation. With all of this good news pouring in, it's easy to forget about tariffs, inflation, the national debt, or budget crises. It's easy to downplay geopolitical risk in Ukraine or the Middle East. And so the market keeps going up. If you look at the CoinMarketCap crypto Fear and Greed Index, which measures sentiment in the crypto market, the overall sentiment has primarily been neutral since the end of April. In fact, on some days, the Fear and Greed Index was giving a reading of 50, which is exactly halfway between "extremely fearful" and "extremely greedy." Today, with Bitcoin pushing above $120,000, the reading has suddenly flipped to 70. This pushes Bitcoin out of "neutral" territory and into "greed" territory. Investors are now lining up to buy Bitcoin. These three factors explain why Bitcoin has regained its mojo. And they also provide a very useful framework for understanding what could power Bitcoin higher during the coming months. The key factor here is likely market sentiment. Tariffs had been off the radar for some time, but now they're back. It looks like the "90 Deals in 90 Days" strategy has been replaced with a new "We'll send you a letter stating just how high your tariffs are going to be, and you're going to like it" strategy. Right now, Canada is staring at 35% tariffs, and Brazil is facing potential 50% tariffs. With that in mind, I'm keeping my eye on the crypto Fear and Greed Index. As long as it remains in positive territory, Bitcoin will likely move higher. However, if the tariff situation still hasn't been resolved by the end of summer, that's when the sentiment index might reverse direction, and investors might start taking some money off the table. 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 $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,010,880!* Now, it's worth noting Stock Advisor's total average return is 1,047% — a market-crushing outperformance compared to 180% 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 July 14, 2025 Dominic Basulto has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and Nvidia. The Motley Fool has a disclosure policy. 3 Factors Behind Bitcoin's Latest Record High. Will This Major Cryptocurrency Continue to Rise? was originally published by The Motley Fool Sign in to access your portfolio
