Rich Dad Poor Dad author Robert Kiyosaki warns bitcoin could crash to $60,000, revealing his strategy to capitalize on the dip for future gains. Robert Kiyosaki Prepares for $60K Bitcoin Crash Renowned author Robert Kiyosaki, famous for his book Rich Dad Poor Dad, shared more insights about bitcoin, forecasting a potential dip before a long-term […] Source: https://news.bitcoin.com/robert-kiyosaki-warns-bitcoin-may-crash-to-60k-ready-to-buy-the-dip/
Month: December 2024
Michael Saylor tells Microsoft it’s value could soar $5T with Bitcoin
MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin. Source: https://cointelegraph.com/news/michael-saylor-tells-microsoft-it-could-grow-5-trillion-with-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Microsoft Could Boost Profits if it Adopts a Bitcoin Strategy, Saylor Tells Board
MicroStrategy co-founder Michael Saylor shared a detailed Bitcoin adoption strategy with Microsoft’s board of directors, demonstrating how the tech giant could reach up to $584 per share for its stock and create nearly $5 trillion in shareholder value by 2034 through various Bitcoin treasury strategies. Microsoft stock is up 14% year-to-date to $423.46, according to Google Finance data. Speaking at…
Ripple’s Legal Chief Exposes US Regulators’ Hidden War on Crypto
Ripple’s legal chief warns that U.S. regulators’ crypto guidance signals, “Don’t even think about it,” alleging a veiled campaign to deter banks from serving the industry. ‘Don’t Even Think About It’: How Regulators Subtly Squeeze the Crypto Market Ripple’s chief legal officer, Stuart Alderoty, has highlighted what he sees as a calculated effort by U.S. […] Source: https://news.bitcoin.com/ripples-legal-chief-exposes-us-regulators-hidden-war-on-crypto/
Musk again asks to block OpenAI’s ‘illegal’ conversion to for-profit model
Elon Musk also claimed OpenAI had engaged in “predatory practices” through its partnership with Microsoft, together owning nearly 70% of the generative AI market. Source: https://cointelegraph.com/news/musk-asks-court-block-openai-for-profit-model?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Exchange Balances Plunge as Long-Term Holders Help Drive Price to $98,000
Bitcoin balances on crypto exchanges have reached historic lows, as on-chain data points to a rapid depletion of available inventory. A recent note from 10X Research on Sunday highlighted the trend, underscored by a sharp drop in the amount of Bitcoin available to buy. It contrasts sharply with trends observed in late summer when a sudden inflow temporarily replenished exchange…
Analyst warns of ‘leverage driven’ XRP pump as token flips Tether
XRP could be in the midst of a “leverage-driven” pump as the price of the asset soars to reach new yearly highs. Source: https://cointelegraph.com/news/analyst-warns-leverage-driven-xrp-pump-as-price-skyrockets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP Flips Tether Becoming World’s Third Largest Crypto as Prices Soar
XRP, the native token used within Ripple’s payments system, has jumped to the third spot in market capitalization rankings, beating out the incumbent stablecoin issued by Tether. The asset is up more than 71% on the week to $2.47 and a further 367% over the last 30 days, according to CoinGecko data. The asset previously flipped Solana for the fourth…
Michael Saylor Claims He Can Convince Warren Buffett to Buy Bitcoin Using Berkshire’s $325B Cash
Berkshire Hathaway’s $325 billion cash reserve bleeds $32 billion yearly, Michael Saylor says, claiming that he could sway Warren Buffett to embrace bitcoin. Berkshire Buying Bitcoin? Michael Saylor Claims He Can Convince Warren Buffett Michael Saylor, co-founder and executive chairman of software intelligence firm Microstrategy (Nasdaq: MSTR), criticized the cash management strategy of Warren Buffett’s […] Source: https://news.bitcoin.com/michael-saylor-claims-he-can-convince-warren-buffett-to-buy-bitcoin-using-berkshires-325b-cash/
Tim Draper Predicts Bitcoin to Hit $250K in 2025 — 30x Growth on the Horizon
Bitcoin is poised for explosive growth, says Tim Draper, predicting it will dominate global transactions, save money, and revolutionize finance with its superior technology. Tim Draper Says ‘I Think 2025 Is the Year Bitcoin Will Finally Hit My Mark of $250,000’ Tim Draper, renowned Silicon Valley investor, has doubled down on his bullish outlook for […] Source: https://news.bitcoin.com/tim-draper-predicts-bitcoin-to-hit-250k-in-2025-30x-growth-on-the-horizon/