Robert Kiyosaki, the renowned author of “Rich Dad Poor Dad,” has issued a stark warning about an impending financial crisis that he believes will lead to a significant market downturn, including a potential Bitcoin crash to $5,000 per coin. In a post on X today, Kiyosaki elaborated on his views regarding the current economic climate, drawing parallels to the 2008 Global Financial Crisis (GFC).
SkyBridge Capital founder Anthony Scaramucci says mass adoption is likely coming on the back of Bitcoin (BTC) exchange-traded funds (ETFs). In a new interview on crypto influencer Natalie Brunell's YouTube channel, Scaramucci says that spot Bitcoin ETFs will significantly increase the number of investors, including public entities, investing in the flagship digital asset.
TL;DR Blockstream secures $210 million in funding to boost its Bitcoin infrastructure and expand the Liquid Network. The Liquid Network has issued over $1.8 billion in assets and currently has more than 3,800 Bitcoin locked on its chain. The funding will also support the BMN2 security token, aimed at institutional investors.
Bitcoin has seen an eventful Tuesday with the stock jumping to $68,000 as US markets opened, dived to $64,800 as stocks went red, and then rose again to above $67,000 while stocks kept staying red.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin Runes saw the light of day in October, registering more than three times the lowest transaction count recorded towards the end of August. Runes' transactions still account for more transactions than Bitcoin ordinals and BRC-20.
Blockstream, a major infrastructure provider for Bitcoin, raked in millions to build out its layer-2 offerings and mining business.
Technical signals are emerging to suggest that this Bitcoin rally is the ‘real deal.' That means it may finally be time to buy crypto.
Standard Chartered believes Bitcoin (BTC) could rally above $73,000 before the US election, driven by rising ETF inflows and a surge in call options activity, according to a research note shared with CryptoSlate. StanChart's global head of digital assets, Geoffrey Kendrick, highlighted several key market movements signaling bullish sentiment ahead of the November vote.
Spot Bitcoin US exchange-traded funds (ETFs) are roaring today, recording the highest inflow in four months as a total sum of $556 million streamed into 12 funds. Coincidentally, by the time the inflow was received, Bitcoin was rebounding as it touched a two-week high at $66,500.
Bitcoin has the potential to hit an all-time record in the next couple of weeks ahead of the election, Standard Chartered says.
Will Bitcoin return to $73,800 before the next U.S. president is picked? Here's why Standard Chartered expects big gains ahead.
itcoin rallied to just shy of $68,000 on Oct. 15 as spot BTC exchange-traded funds attracted the most single-day capital inflows in over four months.
The company raised $210 million in debt financing less than a month after launching a security token offering in Europe.
Metaplanet is well on track to hit its 1,000 BTC target after acquiring an additional 106.976 BTC on October 15.
A key Bitcoin price metric mirrors levels not seen since February, suggesting that new BTC highs could be on the way.
Harvard professor Robert Putnam's research, if extrapolated, shows that identifying as a “Bitcoiner” can actually reduce racism.
TL;DR Demand for Bitcoin has declined significantly since March's all-time high, while investor attention has waned in a sideways market. Bitcoin supply has been restricted, with active supply measures falling to low levels. Historically, Bitcoin supply contraction has preceded periods of high market volatility.
Eric Balchunas, Bloomberg's leading ETF expert, has predicted that Bitcoin ETFs are on track to overtake Satoshi Nakamoto as the largest holders of the flagship cryptocurrency by Christmas.
Bitcoin dropped by over 3% in the past hour, to hover above the $65,000 mark, after a surge in long liquidations.
Cullen Hoback, the director of 'Money Electric: The Bitcoin Mystery' discusses the debate around his film after it claims that Canadian developer Peter Todd is Bitcoin's anonymous creator, Satoshi Nakamoto.
Bitcoin price touched $67k before retreating to $65 k, SOL price has momentum from its wider ecosystem while ADA has good entry point.
Bitcoin's sudden price jump to nearly $68,000 Tuesday ruined loads of short positions—but now long positions are crumbling as the price dips.
Anthony Pompliano, founder & CEO of Professional Capital Management, sees Tesla's (NASDAQ:TSLA) latest advancements, including the autonomous Cybercab and Optimus humanoid robots, leading to an uptick in stablecoin usage. What Happened: In a Pomp Letter on Substack from Oct.11, Pompliano wrote that "Bitcoin (CRYPTO: BTC) will be for saving economic value and stablecoins will be for spending.
Bitcoin (CRYPTO: BTC) might be on the brink of hitting its highest value ever as the U.S. presidential election approaches. What Happened: According to a prediction from Standard Chartered's Geoff Kendrick, as reported by The Block, Bitcoin could reach its previous peak of $73,800, citing several factors: A steepening U.S. Treasury yield curve: the yield curve shift, driven by stronger-than-expected U.S. CPI data, indicates market volatility and opens up the possibility of slower interest rate cuts.
Bitcoin's recent upswing has begun to mirror past historical trends during U.S. elections. Will the trend repeat?
Bitcoin (BTC), the largest and oldest crypto by market cap, jumped past the $67,000 level on Monday as China's economic stimulus plans sent the country's stock flying.
MicroStrategy (NASDAQ: MSTR), the largest corporate holder of Bitcoin (BTC), has emerged as one of the top-performing stocks in the S&P 500, thanks to its aggressive Bitcoin-focused strategy.
At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase. This uptick pushed bitcoin's seven-day gains to 6.7% against the U.S. dollar. According to recent data, ‘Uptober' returns now sit at 3.83%.
Bitcoin looks increasingly apt to ditch its consolidation range as BTC price volatility kicks in at the Wall Street open.
BlackRock's endorsement of Bitcoin may accelerate institutional adoption, potentially reshaping global financial markets and asset diversification. The post Bitcoin inches toward $68,000 following BlackRock's CEO crypto endorsement appeared first on Crypto Briefing.
A British man who mistakenly discarded a hard drive with a trove of Bitcoin on it has launched a legal claim against a local council as a last-resort effort to be able to search for it in a landfill site.
What led to the Bitcoin whale's sudden activity after a decade?
Bitcoin is at the top of its sideways channel. It's a faintly bearish channel but the setup looks promising for now.
Metaplanet Inc., a Japanese company listed on the Tokyo Stock Exchange, on Tuesday announced a significant addition to its Bitcoin holdings. What Happened: In its press release the company stated that it had purchased an additional 106.976 bitcoin (CRYPTO: BTC) for approximately 1 billion yen, worth $6.7 million at current exchange rates, at an average price of 9,347,891 yen per bitcoin.
Digital assets are finally beginning to pay attention to not just the growing chance of a Trump victory in November, but also a GOP sweep, said Standard Chartered's Geoff Kendrick.
The sale of a new cryptocurrency backed by former U.S.
The daily liquidations have shot up to over $250 million.
As the weekly Bitcoin futures are revolutionizing trading on economic news
Bitcoin's (BTC) brief surge to $66,000 has attracted a surge in bullish predictions, with traders betting on an increase that could see the price surpass its all-time high. Although Bitcoin hasn't yet set a new record, its Open Interest (OI) has reached a peak, signaling that interest in the leading cryptocurrency is at its highest level in a considerable time.
The market for Bitcoin recently indicated that a reversal is imminent, which has sparked speculation that the one-year cycle may soon end. In the past, Bitcoin has generally followed a predictable pattern; however, the way the market is acting right now points to a possible break from this pattern.
Polymarket indicates a 78% chance of a Republican Senate, 56% odds of a Democrat House, and a 39% likelihood of a Republican sweep compared to 16% for the Democrats.
Bitcoin open interest is rising and bulls are eyeing new all-time highs above $75,000 as "Uptober" begins to take shape.
Metaplanet, a Japanese investment firm, announced the purchase of nearly 107 Bitcoin, prompting a 15.7% increase in its share price, on Oct. 15.
As Trump extends his lead over Harris in the prediction markets, BlackRock CEO Larry Fink said it doesn't matter to Bitcoin who occupies the White House.
Ripple (NASDAQ:XRP) has introduced its U.S. dollar-pegged stablecoin, RLUSD, targeting enterprise applications, on Tuesday. This development coincides with World Liberty, supported by Donald Trump, advocating for stablecoins over Bitcoin (CRYPTO: BTC).
The crypto market's volatility remains stable, with bitcoin below 50%, indicating maturation and only brief spikes during global events.