Bitcoin Crypto

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 909 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 909 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 909 ngày trước

Bitcoin's New Address Surge Signals Bullish Divergence Amidst Market Uncertainty

Bitcoin has exhibited resilience with its price hovering around $26,000, but a notable bullish trend emerges as new BTC addresses surge. The number of addresses holding 0.1 or more Bitcoin has reached an all-time high at 4,487,486, while non-zero Bitcoin addresses hit a historic peak of 49,138,848. These statistics indicate growing investor interest in Bitcoin despite price fluctuations. Market analysts are cautious about a potential "death cross" but emphasize the complex nature of cryptocurrency markets. Meanwhile, anticipation surrounds the Federal Reserve's upcoming meeting, with a 97% expectation of a "pause" in their decision.

U.Today - 910 ngày trước

Dr. Jordan Peterson Proposes Bitcoin as an Alternative to Traditional Banking

Best-selling author and renowned psychologist Dr. Jordan Peterson ignited a debate by suggesting that Bitcoin could replace traditional banks, following news of Australian banks phasing out cash and cheque services. Peterson's call resonated with many Bitcoin proponents who argue that cryptocurrency eliminates counterparty risk associated with banks. Notably, crypto enthusiasts from various networks, including Bitcoin Cash, Nano, Monero, and Dash, joined the discussion, promoting decentralized cash-like experiences. However, critics, like Aaron Day, highlighted Bitcoin's scalability challenges compared to traditional banking systems and CBDCs.

Finbold - 910 ngày trước

Dr. Jordan Peterson Proposes Bitcoin as an Alternative to Traditional Banking

Finbold - 910 ngày trước

Bitcoin's Transaction Volume Surges Past Visa, Signaling a New Era

In a remarkable milestone, Bitcoin's annual transaction volume has overtaken Visa, underlining the increasing prominence of decentralized networks. While this achievement is noteworthy, it's essential to consider nuances. Bitcoin's transaction volume includes high-frequency transactions from protocols like Ordinals, potentially skewing the perception of retail adoption. Furthermore, comparing Bitcoin to Visa is complex due to their inherent differences. Nevertheless, this development prompts questions about the future of financial landscapes, hinting at the potential for decentralized networks to challenge centralized systems, despite challenges seen in real-world experiments like El Salvador's.

U.Today - 910 ngày trước

Financial Guru Robert Kiyosaki Boldly Declares Crypto as the Future

Renowned financial expert and author, Robert Kiyosaki, has made a confident proclamation that fiat currency is on the decline while cryptocurrency represents the future. Kiyosaki voiced his prediction during the TOKEN2049 cryptocurrency conference in Singapore, an event aiming to unite prominent figures and companies in the crypto space. However, Kiyosaki's history of controversial financial advice and legal issues has raised skepticism about his statements. Critics point to his involvement in multi-level marketing and past fraud claims, but he maintains a substantial following in the crypto community.

U.Today - 911 ngày trước

Latin America Takes Center Stage in Crypto Adoption Surge

Latin America is making significant strides in cryptocurrency adoption, with the region accounting for 9.1% of global crypto value in 2022, totaling $562 billion in transactions from July 2021 to June 2022. Factors driving this surge include rising inflation, progressive regulatory developments, and innovative uses of blockchain technology. In countries like Argentina and Venezuela, crypto is being embraced as a hedge against hyperinflation, while asset tokenization and crypto gaming are democratizing investment opportunities and providing new avenues for artists and gamers. Despite challenges, Latin America's crypto landscape is evolving rapidly.

CoinJournal - 913 ngày trước

Bitcoin and Crypto Can Surge Regardless of the Fed's Money Printer, Says Arthur Hayes

BitMEX founder Arthur Hayes, known for his controversial past, remains optimistic about Bitcoin's (BTC) future. In a recent newsletter, he asserted that Bitcoin's price could continue to rise regardless of the U.S. Federal Reserve's interest rate policies. Hayes believes that "capital at the margin" will shift to hard financial assets like Bitcoin, productive farmland, and big tech-AI stocks. He attributes this to the government's spending, which has lowered yields on government bonds. Despite his legal issues last year, Hayes remains confident in crypto's potential for substantial growth.

The Daily Hodl - 913 ngày trước

Bitcoin's Potential to Reign Supreme During Interest Rate Surge, as Predicted by Bloomberg Analyst Mike McGlone

Bloomberg Intelligence's senior commodity strategist, Mike McGlone, has suggested that Bitcoin could excel in an environment of increasing interest rates. McGlone cited Bitcoin's 24-7 trading and historical performance as factors supporting its investment appeal, particularly with the Federal Reserve signaling monetary tightening. He also noted the influence of Bitcoin's 20-week moving average on broader markets. While McGlone pointed out potential challenges due to rapidly rising interest rates, he emphasized Bitcoin's alignment with the current tightening cycle. The Federal Reserve is expected to maintain higher interest rates until at least Q2 2024.

U.Today - 913 ngày trước

Anthony Pompliano: Bullish on Bitcoin's Future Amid Market Turbulence

Anthony "Pomp" Pompliano, a prominent figure in the crypto space, has voiced his optimism for a significant Bitcoin bull run in a recent appearance on Fox Business. Despite recent market volatility, Pompliano believes Bitcoin's long-term potential remains strong. He points to growing institutional interest, with major companies seeking SEC approval for spot Bitcoin ETFs, and sees Bitcoin as a disruptor of traditional finance due to its decentralization and global accessibility. Pompliano's bullish outlook reflects increasing recognition of Bitcoin's legitimacy and its potential to reshape the financial landscape.

YouTube - 916 ngày trước

Former PayPal President Envisions Bitcoin as Global Payment Network

Former PayPal President and current CEO of Lightning Network infrastructure firm Lightspark, David Marcus, has expressed his vision of transforming Bitcoin into a global payment network. Marcus emphasized the need for Bitcoin to evolve beyond being a store of value and become a decentralized payment solution akin to PayPal. Despite scalability and regulatory challenges, Marcus is committed to realizing this vision and believes that technological advancements, like the Lightning Network, can address these issues. The goal is to revolutionize the financial industry by making Bitcoin a widely accepted and efficient means of global payment.

YouTube - 916 ngày trước

Global Leaders at G20 Summit Embrace FSB's Crypto Regulation Proposals

The G20 leaders, meeting in New Delhi, have voiced their support for comprehensive regulation and oversight of crypto-assets and global stablecoins, as recommended by the Financial Stability Board (FSB). They emphasized the need for consistent global implementation to prevent regulatory arbitrage. The leaders also welcomed reports by standard-setting organizations and pledged to discuss a coordinated policy and regulatory framework, taking into account various risks, including money laundering and terrorism financing, at their October 2023 meeting. India's G20 Presidency remains committed to monitoring the rapidly evolving crypto ecosystem.

Bitcoin News - 917 ngày trước

Bitcoin's 'Fair Value' Calculated at $47K Per Coin

Charles Edwards, founder of Capriole Investments, sees Bitcoin as an attractive long-term investment opportunity, driven by its production cost and energy value. Capriole's energy value theory suggests a fair price of $47,200, with a floor at $23,000, yielding a 1:5 risk-reward ratio. Edwards acknowledges the potential for even higher prices, though he notes historical trends rarely stop at fair value. The theory, based on energy expended in Bitcoin mining, has demonstrated a strong correlation with spot prices. However, caveats include variations in mining efficiency and factors beyond energy value affecting Bitcoin's price.

zerohedge - 917 ngày trước

Coinbase Launches Cryptocurrency Lending Service for U.S. Institutions

Coinbase, the prominent U.S. crypto exchange, has introduced a cryptocurrency lending service specifically tailored for large institutional investors in the United States. This move aims to fill the gap left by the recent bankruptcies of major industry players such as Celsius, Genesis, and Blockfi. Coinbase Prime customers have already invested $57 million in the lending program, which allows institutions to lend digital assets under standardized terms. Coinbase will employ borrowed funds to provide loans to other institutions. This initiative follows regulatory scrutiny and the suspension of Coinbase's retail lending service, Coinbase Borrow, earlier this year.

Bitcoin News - 918 ngày trước

Senator Ted Cruz Backs Bitcoin as a Tool for Freedom and Prosperity

Texas Senator Ted Cruz has expressed strong support for Bitcoin, citing its role in promoting freedom and economic benefits. Cruz highlighted how Bitcoin's decentralized nature makes it uncontrollable and resistant to government interference, contrasting it with China's ban. He also emphasized the positive externalities of Bitcoin mining, such as providing emergency power reservoirs and monetizing excess energy capacity. Bitcoin mining has also revitalized communities, created jobs, and generated tax revenues, particularly in areas with abundant and inexpensive electricity. Cruz sees Bitcoin as a catalyst for economic growth and environmental improvement, especially in regions like West Texas.

Bitcoin News - 919 ngày trước

Asset Managers Embrace Digital Assets as Nearly Half Manage Crypto, Survey Reveals

In a recent study conducted by digital currency data provider Amberdata and Coalition Greenwich, it was found that 48% of institutional investors now have digital assets under management (AUM). Despite market volatility, 75% of managers anticipate AUM growth over the next five years, with 40% expecting robust 11-20%+ expansion. Asset managers are eyeing the growing market opportunity for digital assets, with 44% expecting it to be a growing business line in the next three to five years. Regulatory optimism in the U.S. plays a crucial role, while spending on crypto market data is set to rise.

Bitcoin News - 919 ngày trước

Coinbase Targets Global Expansion Amid Crypto Regulation Variances

Coinbase, a leading cryptocurrency exchange, is eyeing several countries outside the U.S. for expansion due to clearer crypto regulations. In a recent blog post, the company identified the European Union, United Kingdom, Canada, Brazil, Singapore, and Australia as priority markets for acquiring licenses and strengthening operations. Coinbase expressed concerns over the U.S.'s approach, opting for enforcement through courts, potentially risking its influence in the crypto space. The company plans to engage with the G20 for global crypto standards and will focus on lobbying efforts in Brazil, the future G20 chair.

cointelegraph - 919 ngày trước

88,200 Millionaires Attribute Their Fortune to Cryptocurrency, New Study Reveals

A recent study by Henley & Partners, a London-based investment migration consultancy, reveals that out of the world's 56.1 million millionaires, 88,200 have accumulated their wealth through cryptocurrency. Specifically, 40,500 of these crypto millionaires have Bitcoin to thank for their fortunes. There are 182 centi-millionaires (with over $100 million in assets) and six billionaires who have made their wealth through cryptocurrencies. Notable figures in this elite group include Binance's CEO Changpeng Zhao, Ripple's Chris Larsen, and the Winklevoss twins. As governments consider crypto regulations, these individuals are exploring investment migration options to protect their assets.

Bitcoin news - 921 ngày trước

Ric Edelman, with $291 Billion Assets, Anticipates Bitcoin's Value Reaching $150,000 by 2025

Renowned financial expert Ric Edelman, founder of the Digital Assets Council of Financial Professionals, has expressed optimism about Bitcoin's future. He predicts that Bitcoin's value could surge to $150,000 by the summer of 2025, citing various growth drivers. Edelman highlighted the maturation of the crypto industry, with regulatory actions weeding out bad actors, making cryptocurrencies more appealing to institutional and individual investors. Additionally, he pointed to the upcoming Bitcoin halving, which historically has been bullish. Edelman's bullish outlook on Bitcoin's future aligns with the increasing adoption and institutional interest in the crypto space.

cryptonews - 922 ngày trước

El Salvador Aims to Incorporate Bitcoin Education in School System by 2024

El Salvador's Ministry of Education has teamed up with the nonprofit organization Mi Primer Bitcoin (MPB) to introduce Bitcoin education into the public school curriculum by 2024. MPB, in collaboration with Bitcoin Beach, will provide training to 150 teachers from 75 schools, aiming to equip them with fundamental knowledge about Bitcoin. The initiative is set to commence with a pilot program, and its success could lead to nationwide implementation. MPB's founder, John Dennehy, believes that El Salvador's adoption of Bitcoin can set an example for the world in promoting quality education.

cointelegraph - 922 ngày trước

Bitcoin Bull Run Initiated in March Anticipated to Reverberate, Arthur Hayes Predicts

BitMEX co-founder Arthur Hayes believes that Bitcoin's recent six-month bull run will have a significant impact on the market in the next six to twelve months. Speaking at Korea Blockchain Week, Hayes traced the beginning of the bull run to March 10 when the Federal Deposit Insurance Corporation took over Silicon Valley Bank. He highlighted that the Federal Reserve's interventions to stabilize the banking system by injecting money have undermined faith in fiat currencies, making assets like Bitcoin more attractive. Hayes predicts increased market response to Bitcoin's rise and its resilience regardless of central bank policies.

cointelegraph - 923 ngày trước

Bitcoin Holdings on Centralized Exchanges Decrease, Reflecting Rising Self-Custody Trend

In the past three years, a significant movement of bitcoin holdings has favored self-custody. Centralized exchanges have witnessed a staggering withdrawal of 804,000 BTC ($20.79 billion) since September 2020, with 184,000 BTC ($4.75 billion) taken out in the last three months alone. Cryptoquant.com data reveals exchanges' BTC reserves dwindled from 2.828 million to 2.024 million over three years. The shift is driven by the appeal of self-custody, offering security against hacks, insolvencies, and regulations, highlighted by the FTX collapse. The trend signals a growing preference for user-controlled assets and the advantages of decentralized ownership.

Bitcoin News - 924 ngày trước

Bitcoin Whales Maintain Strong Stance Through Market Volatility with $1.5 Billion Accumulation

Prominent Bitcoin investors, or "whales," have shown resilience amidst recent price fluctuations. Data from crypto analytics firm IntoTheBlock reveals that entities holding over 0.1% of the Bitcoin supply, valued at over $500 million, increased their holdings by $1.5 billion in the final two weeks of August. Notably, this accumulation coincided with minimal inflows into exchanges, indicating genuine buying interest. These strategic moves occurred during a period of price decline, with the largest haul after an August 17 drop. Analysts see Grayscale's ETF progress as a catalyst, potentially broadening Bitcoin accessibility.

coindesk - 925 ngày trước

Bitcoin's Long-Term Holders Stay Resilient Amidst Market Volatility

Amidst market turbulence, Bitcoin's steadfast long-term holders continue to demonstrate resilience, maintaining a strong 68.6% HODL Wave, as reported by LookIntoBitcoin. Despite a recent 10% price dip, these investors remain committed to their assets. Factors such as Grayscale's ETF application and a significant market segment in a holding pattern underscore their unwavering optimism. Historical trends reveal a positive correlation between high HODL Wave levels and Bitcoin's price surge. This data suggests a positive outlook for the cryptocurrency's value as long-term holders signal market sentiment through their sustained commitment.

Blockworks - 927 ngày trước

SEC Delays Seven Spot Bitcoin ETF Decision till October

U.S. Securities and Exchange Commission (SEC) has postponed verdicts on seven bitcoin ETF applications from firms like Blackrock, Wisdomtree, and Invesco Galaxy. The SEC expressed the need for more time to thoroughly assess the proposed ETFs and address concerns. Decisions on the applications, including those from Bitwise, Fidelity's Wise Origin, and Valkyrie, are now expected in mid to late October. Despite the delay, experts estimate a 75% chance of a bitcoin ETF being approved in 2023. The SEC began reviewing these applications last month after years of rejections and follows Blackrock's initial attempt this year.

Bitcoin News - 927 ngày trước

US Presidential Candidate Vivek Ramaswamy Hails Grayscale Legal Triumph as Gateway to Bitcoin Evolution

US presidential candidate Vivek Ramaswamy praises Grayscale's win against the SEC, stating it safeguards US Bitcoin and blockchain innovation. He blames "3-letter government agencies" for pushing such cases to courts, asserting that the recent ruling will retain innovation in the US. Ramaswamy vows to revoke regulations that don't meet the Supreme Court's "major questions" test, potentially limiting SEC's crypto oversight. While Ramaswamy supports the crypto industry, a recent court ruling questions the doctrine's applicability to crypto. He's among three candidates, including Kennedy Jr. and DeSantis, openly endorsing the crypto sector.

cointelegraph - 927 ngày trước

Massive Bitcoin Purchase of $388M Made by Whales Before Grayscale-SEC Announcement

Bitcoin whales have been steadily accumulating more BTC in recent months, using price dips as buying opportunities. Notably, ahead of the Grayscale vs. SEC court decision, large holders added over $388 million to their holdings, coinciding with a 6% price surge. Market analysts speculate about the role of these whales and sharks, hinting at potential market manipulation. The court ruling, which favored Grayscale's petition against the SEC, is seen as a positive step towards the US's first spot Bitcoin ETF, including BlackRock's application. Bitcoin's price currently hovers around $27,370.

CoinJournal - 928 ngày trước

Crypto Exchange Supplies of Bitcoin Reach Lowest in Almost Six Years: Santiment Report

Recent data from crypto analytics firm Santiment highlights a significant trend favoring cryptocurrencies. The supply of Bitcoin on crypto exchanges has reached its lowest level in more than five years, accounting for only 5.8% of its overall supply, a level not seen since December 2017. This suggests growing interest in holding BTC outside of exchanges. Furthermore, Bitcoin leads in active address activity, surpassing other digital assets like Tether, Ethereum, Polygon, and Litecoin. Ethereum sees its 10 largest addresses holding 35% of the coin's total supply, attributed to smaller investors reacting to market uncertainty.

The Daily Hodl - 930 ngày trước

$10 Trillion Asset Manager BlackRock Dominates Ownership in Four of Top Five Bitcoin Mining Companies

Global investment powerhouse BlackRock is strategically venturing into the Bitcoin mining sector. The company has emerged as the second-largest stakeholder in four of the top five Bitcoin miners by marketcap. As the Bitcoin mining industry grapples with rising difficulty and costs, smaller miners face profitability hurdles. This adversity, however, presents an opportunity for well-capitalized firms like BlackRock. Recent data reveals that BlackRock Fund Advisors significantly increased their holdings in major US-based mining firms, including Riot Platforms, Marathon Digital Holdings, Cipher Mining, and Terawulf. The move signifies BlackRock's interest in the crypto mining landscape.

Finbold - 930 ngày trước

Bitcoin Whale Awakens: 1,177.89 BTC Worth Over $30 Million Moved from Dormant Addresses

In a surprising turn of events, a 'sleeping bitcoin' whale from 2017 has reemerged, transferring 1,177.89 BTC worth over $30 million from seven dormant addresses. These addresses had remained untouched for six years before becoming active during block heights 805,096 and 805,100. The transactions were flagged by Btcparser.com, revealing a pattern of 200 BTC transfers among several addresses. Despite vulnerabilities in privacy, the owner's decision to distribute the BTC among 17 addresses remains shrouded in mystery. The value surge from the original $3.38 million to $30.71 million highlights the crypto's growth since 2017.

Bitcoin News - 930 ngày trước

Bitcoin Projected to Soar to $148k in 2024 Post-Halving, Pantera Analysis Suggests

Bitcoin's historic 15-month stretch of negative year-over-year returns (Feb. 2022 - June 2023) hasn't dampened optimism. Pantera Capital highlights favorable events such as the XRP ruling, endorsements from BlackRock, and the impending Bitcoin Halving in April 2024. The halving will cut mining rewards from 6.25 to 3.125 BTC per block, historically driving demand and price surges. Pantera's model predicts a rally in early 2024, followed by a strong surge post-halving. Despite current market fluctuations, Bitcoin's potential to reach $148,000 post-halving maintains positive market sentiment.

CryptoSlate - 934 ngày trước

Strong Bitcoin Interest Persists as Whales and Sharks Amass $300 Million Since Mid-August

Despite recent cryptocurrency market fluctuations, staunch Bitcoin investors holding substantial amounts remain resolute. Santiment's data reveals that whales and sharks, with holdings ranging from 10 to 10,000 BTC, have procured 11,629 BTC collectively since August 17. Notably, this accumulation trend encompasses both bearish periods and price rallies. The surge in acquisitions aligns with BlackRock's bid to launch a spot Bitcoin ETF in the US. This robust appetite for Bitcoin from significant players underscores confidence in its long-term potential, as exemplified by the strategic buying patterns amidst market retracements.

CryptoPotato - 934 ngày trước

Barstool Sports Founder, Dave Portnoy, Strongly Considering Bitcoin Integration in Company's Finances

Dave Portnoy, founder of Barstool Sports, expresses interest in incorporating Bitcoin into the company's finances. Portnoy, who regained ownership of Barstool after a complex financial saga, discusses his prior attempts to persuade the CEO of Penn Entertainment, Barstool's former owner, to integrate Bitcoin. He sees potential for the cryptocurrency on Barstool's balance sheet, following his decision to break free from Penn's regulatory constraints. Despite past controversies involving other cryptocurrencies like SafeMoon, Portnoy remains optimistic about Bitcoin's role in Barstool's future operations.

BeInCrypto - 936 ngày trước

Bitcoin Income Preferred by Miami Mayor Francis Suarez for Potential Presidential Role

Miami Mayor and U.S. Presidential candidate Francis Suarez has expressed his willingness to accept Bitcoin as part of his salary if elected. In an interview, Suarez noted he already receives his current salary in Bitcoin as Mayor and believes in the potential of cryptocurrencies like Bitcoin to ensure financial freedom and counterbalance a chaotic monetary system. He contrasted his position with that of his competitor, Florida Governor Ron DeSantis, stating that merely opposing Central Bank Digital Currencies (CBDCs) is insufficient. Suarez emphasized the importance of proactive engagement with cryptocurrency support and innovation.

benzinga - 936 ngày trước

Unknown Bitcoin Giant Accumulates $3.08B Worth of BTC in Under 3 Months, Ranks Third Worldwide

An unidentified entity has swiftly amassed over $3 billion in Bitcoin (BTC), propelling it to become the world's third-largest BTC address. This accumulation began in mid-May and by late June, the address became the top Bitcoin holder not associated with a crypto exchange. With its holdings now totaling 118,300 BTC valued at $3,089,466,557, the entity's address ranks just after Binance and Bitfinex's cold wallets. Analysts speculate the possibility of it being a crypto exchange rearranging its BTC reserves. Despite recent market downturns, Bitcoin whales continue to remain active.

The Daily Hodl - 937 ngày trước

Dubai Aims to Attract Global Talent and Investment with Subsidized Licenses for Web3 and AI Companies

The Dubai International Financial Centre (DIFC) has introduced special commercial licenses for Web3 and AI companies, providing 90% cost subsidy to aid their initial setup. The licenses grant access to physical spaces in the Innovation One building. Over 25,000 professionals from 2,000 registered companies operate within DIFC, a significant financial center for the Middle East, South Asia, and Africa. The move aims to bolster Dubai's Web3 and AI leadership. Exclusive to specific tech fields, the initiative seeks to attract global talent and investments, fostering collaboration and innovation.

Bitcoin News - 940 ngày trước

Renowned Financial Educator R. Kiyosaki Envisions $1 Million Bitcoin Amid Economic Turmoil

Renowned financial educator Robert Kiyosaki predicts that BRICS countries (Brazil, Russia, India, China, South Africa) will reject the US dollar in favor of alternative assets like Bitcoin. Kiyosaki expresses his distrust in the US government and praises Bitcoin as a shared tool against government control. He anticipates Bitcoin hitting $100,000 and envisions it as a replacement for the US dollar if the global economy collapses. Kiyosaki's thoughts were shared on X (formerly Twitter), along with his preference for gold and silver as trustworthy assets. He reiterates his stance in an interview with Stansberry Research.

Finbold - 943 ngày trước

Renowned Financial Educator R. Kiyosaki Envisions $1 Million Bitcoin Amid Economic Turmoil

Finbold - 943 ngày trước