Cryptocurrency

Kiyosaki opines that those who invested in gold 24 years ago, including himself, have done well for themselves. On the flip side, the higher gold prices may not equate to a good market outlook.Such high prices are usually attributed to investors’ pessimism. In other words, they are beginning to shift out of stocks to acquire defensive assets. Kiyosaki expects that the stock market will crash very soon. Should his forecast become reality, the author does not think it would turn out well for investors who do not own gold, silver or BTC.He believes that smart investors are the only ones who stand a chance at happiness when the stock market crash eventually comes. To avoid sitting on the supposed losing side, the author of “Rich Dad Poor Dad” advised non-investors to take their time to study and join an investment club. Then, watch for bargains and begin to plunge funds into assets like Bitcoin.This set of people will likely join the “gainers” in the next market bull run. “You will be one of the richer, smarter investors,” Kiyosaki added.Three weeks ago, he revealed a big reason for believing BTC will likely soar to $1 million per coin. He sees AI bringing changes that will likely impact the financial world. As a result, Bitcoin is bound to soar to $500,000 in 2025 and hit a mind-boggling level of $1 million by 2030.This article was originally published on U.Today More

This article was originally published on U.Today More

By Camillus EbohABUJA (Reuters) – Binance’s head of financial crime compliance was denied bail for a second time on Friday as his trial on money laundering charges started in Nigeria, with a judge ruling that the prison in which he is being held is capable of meeting his medical needs.Tigran Gambaryan, an American citizen, has been in detention in Nigeria since the end of February. He and Binance deny the charges against him. He had asked the Federal High Court in Abuja to free him on medical grounds, arguing that he needed to undergo surgery outside prison and that his health was deteriorating.”There is no evidence before this court that the Nigerian Correctional Service cannot handle the health challenges of the accused,” Judge Emeka Nwite said. Nwite also said Gambaryan had not withdrawn an appeal against a previous bail ruling in May and so his latest request “amount to abuse of judicial process to admit the accused to bail while an appeal is pending at the court of appeal.”The judge adjourned the trial to Oct. 18 after Gambaryan’s lawyer cross-examined two state witnesses.Gambaryan’s wife, Yuki Gambaryan, said her husband should not be in detention because he was never a decision maker at Binance and she would continue to fight for his freedom.”I just pray that when he is finally released that the damage he is suffering is not permanent. I am exhausted and deeply disappointed,” she said in a statement.  Binance separately faces tax evasion charges, which it denies.     More

Suirum ($SUIR), a new meme coin on the SUI blockchain, has officially launched its presale, marking its entry into the expanding meme coin ecosystem on SUI. This presale provides early supporters the opportunity to participate in Suirum’s development and engage with the rapidly growing SUI meme coin community.The SUI blockchain, recognized for its high transaction speeds and low fees, provides a platform where meme coins can gain traction. Projects such as $BLUB and $SUIMAN have already gained traction, highlighting the community-driven nature of these tokens. Suirum aims to bring fresh utility to this space with its deflationary model and strategic community focus.How to Join the Suirum CommunityAs part of Suirum’s community-driven approach, supporters can join the project’s Telegram and Discord channels for updates and direct engagement with the team. The Suirum project emphasizes the importance of community and encourages members to stay informed on developments and upcoming events.About SuirumSuirum is a meme coin project built on the SUI blockchain, blending humor with innovative token utility. By leveraging SUI’s transaction efficiency, Suirum aims to provide an enhanced experience for both meme enthusiasts and cryptocurrency investors. With a focus on community engagement, Suirum aspires to establish itself as a leading meme coin on the SUI platform.For more information on Suirum and to participate in the presale, users can visit suirum.com.Website: https://suirum.com/X: https://x.com/suirumTelegram: https://t.me/suirumDiscord: https://discord.gg/HtyC2c6qContactCTOCharles DrimeloSuirumalchemist@suirum.comThis article was originally published on Chainwire More

Having lost this point during the news-driven massacre on the cryptocurrency market worth at least $180 million yesterday, the price of Bitcoin briefly found itself as low as $58,946, according to the Binance chart. However, buyers showed their hand, and over the next 12 hours, this imbalance, as they see it, was restored, with Bitcoin now trading as high as $61,200.It is interesting to note the divergence between what is happening on the price chart of Bitcoin and the sentiment of market participants as, according to the Fear and Greed Index, we are now entering the period of the latter, with a figure of 32 on the radar of this popular indicator. On the other hand, Bitcoin was able to regain important local price levels and was supported by buyers. Is it really a divergence, and while fear prevails, the bravest take advantage? What’s more important – price action or market sentiment?Without getting too philosophical, the only thing that matters is where Bitcoin goes next. There are really only three options: a march toward the dynamic resistance level currently at around $65,000, a further drop below $60,000 or a prolonged sideways chop that will eventually lead us to the first two options.This article was originally published on U.Today More

This product marked a complete pivot for BlackRock, a traditionally conservative firm. In line with its adoption of Bitcoin, CEO Larry Fink is now one of the major advocates of the digital currency. With the AUM boost, it remains unclear what the firm plans for its iShares Bitcoin Trust product overall.While the Bitcoin ETF is BlackRock’s flagship and most popular crypto product, BlackRock is also fully invested in iShares Ethereum Trust, the ETH ETF. Despite the generally poorer performance of Ethereum ETF products, BlackRock remains in the lead among issuers overall.With the massive uptick in BlackRock AUM, it may be inferred that Bitcoin and Ethereum contributed significantly to this new milestone.As a regulated investment outfit, BlackRock is combining a conservative approach with new tech adoption. As such, its current capital base might encourage it to take more calculated risks in the coin moving forward.Despite BlackRock’s stance, not all rivals share its vision for Bitcoin. Firms like Vanguard have specifically issued a highly publicized disclaimer that it will not get involved with Bitcoin, or crypto in general.This article was originally published on U.Today More

The conversation quickly expanded when a follower suggested that Nouriel Roubini, known as “Dr Doom,” would be a better fit to be featured in the documentary. The explanation behind this is that Roubini had significant archival interactions with prominent figures in the cryptocurrency space, including Roger Ver.However, Schiff responded by claiming that his criticism of Bitcoin comes from a different perspective to Roubini’s. While Roubini approaches the issue from an economic standpoint, Schiff emphasized his libertarian views and a deeper connection with high-profile Bitcoiners. He highlighted his past debates with figures such as Alex Mashinsky, the founder of Celsius, whose demise he predicted long before the company collapsed.Schiff also reminded the community that his warnings about the 2008 global financial crisis earned him the “Dr. Doom” moniker from CNBC, before it was later attributed to Roubini by the New York Times. Amid a spill to below $59,000 per BTC and liquidations of at least $180 million, the fear and greed indicator has experienced the strongest deterioration in favor of the latter in recent weeks. This article was originally published on U.Today More

The message and the image seem to be a reaction to the recent presentation of Tesla’s Robotaxi/Cybercab made by its CEO, Elon Musk, on Oct. 10. This event was called “We, Robot…” referring to a movie starring Will Smith based on Isaac Asimov’s sci-fi stories.It seems to be a bullish reaction to the recent event staged by Tesla (NASDAQ:TSLA) boss Elon Musk. Musk presented unsupervised self-driving Cybertrucks that are going to be used as taxis. Musk gave a speech, in which he criticized the modern transportation system, which seems inefficient because of high traffic and other issues.Robotaxis/Cybercabs do not have a steering wheel or pedals, and they do not require any control from passengers whatsoever. Earlier, Musk stated that users would be able to allow their Tesla cars to be used as taxis since, on average, a car is not used that frequently per week.Aside from Cybercabs, the guests of the event also witnessed the appearance of Tesla-made androids called Tesla Optimus (“autonomous assistant, humanoid friend”). One of them even worked as a bartender, making cocktails and dressed correspondingly, also wearing a fedora hat and letting clients take a selfie with it. The robot showed a peace sign with his fingers while photos were taken.This article was originally published on U.Today More