Robert Kiyosaki’s prediction of Bitcoin reaching 120K in 2024 and its impact on the US dollar is explored. Robert Kiyosaki, the author of “Rich Dad Poor Dad,” is known for his insightful comments on finance and investing. Kiyosaki recently made a prediction on Twitter that has caught the attention of the cryptocurrency community. Kiyosaki, as […]
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The district attorney for the Southern District of New York detailed aggressive actions against a cryptocurrency scammer during a press conference. The alleged bad actor found weaknesses in an exchange’s smart contract and exploited them to mislead the exchange about the liquidity it had inserted. According to the NYPD, the scammer attempted to launder his […]
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Central banks around the world are buying gold to fight inflation, with 85 sovereign wealth funds and 57 banks managing $21 trillion. In 2022, central banks made record purchases of gold with net purchases of 1,136 tons, marking the 12th consecutive year of net increase. Despite Bitcoin’s performance, central banks remain wary of digital assets, […]
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A lawyer for Grayscale Investments has sent a letter to a US circuit court, challenging regulators’ refusal to allow Grayscale’s Bitcoin ETF to trade. The lawyer noted that regulators clearly see no problem in allowing the Volatility Shares 2X Bitcoin Strategy ETF to trade on exchanges, which, he argues, may even be riskier than product […]
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Jeremy Allaire, CEO of Circle, suggested that China should consider yuan-backed stablecoins instead of CBDCs. Jeremy Allaire, CEO of Circle, suggests that Beijing should consider allowing Chinese yuan (CNY)-backed stablecoins if it wants to internationalize its currency. In a recent interview with the South China Morning Post, Allaire argued that stablecoins might be a better […]
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