The âRich Dad Poor Dadâ author says heâs buying Bitcoin, Ethereum, gold, and silver as âreal moneyâ while warning of an impending economic crash. Kiyosaki Doubles Down on Hard Assets Best-selling author and financial educator Robert Kiyosaki is once again turning heads with his bold market predictions. In a post shared on X (formerly Twitter) on Sunday, Kiyosaki warned that a major economic crash is on the horizon â but said heâs buying, not selling. âCrash coming: Why I am buying, not selling,â Kiyosaki wrote, revealing new price targets of $250,000 for Bitcoin (BTC), $27,000 for gold, and $100 for…
Author: Blockto Team
While endorsing the ECBâs digital euro initiative, Italian banks urge spreading rollout costs over several years to ease financial pressures. Italian banks have voiced strong support for the European Central Bankâs (ECB) digital euro project, highlighting its potential to advance digital sovereignty in Europe. However, banking leaders caution that implementation costs are significant and should be phased over time to prevent undue strain on financial institutions. âWeâre in favour of the digital euro because it embodies a concept of digital sovereignty,â said Marco Elio Rottigni, General Manager of the Italian Banking Association (ABI), during a press seminar in Florence. He…
Market momentum steadies amid consolidation; analysts see potential for renewed upside if $3,950 level holds. Gold (XAU/USD) continues to trade resiliently above the $4,000 mark, extending its dominance in a volatile macro environment. After hitting a record high near $4,250, the precious metal has entered a consolidation phase, hovering around $4,001 in early European trading. Analysts suggest that the current price structure reflects a healthy pause in the broader uptrend, with traders closely watching the $3,950â$3,800 support band for directional cues. On the daily chart, gold remains structurally bullish following a sustained breakout from the $3,700 resistance zone earlier this…
Federal Reserve officials brace for a new financial era as stablecoin demandâprojected to reach up to $3 trillionâcreates unprecedented pressure on Treasury markets and dollar liquidity. The U.S. Federal Reserve may soon have to adjust its monetary policy to account for the explosive rise of stablecoins, according to Federal Reserve Governor Stephen Miran. Speaking at the BCVC Summit 2025 in New York, Miran cautioned that digital dollar-tied assets could reshape global liquidity flows, forcing the Fed to adapt as adoption accelerates worldwide. âStablecoins may become a multitrillion-dollar elephant in the room for central bankers,â Miran said. Fed staff projections estimate…
Bitcoin and major altcoins rebounded Friday amid short-covering and growing optimism that weak U.S. data could revive prospects for a December interest rate cut. Relief for Crypto Bulls After a Tumultuous Week After a bruising week that saw sharp declines across digital assets, crypto markets managed a modest recovery on Friday, offering some relief to traders. About an hour before U.S. stock markets closed, Bitcoin (BTC) climbed back above $103,000, up roughly 2% in 24 hours, after dropping to the $99,000 range earlier in the day. Altcoins Join the Rebound Several leading altcoins joined the late-week bounce. Market analysts said…
The first week of November delivered a mixed backdrop for both cryptocurrency and traditional financial markets. Major tokens such as Bitcoin, Ethereum, and select altcoins faced renewed headwinds, even as safe-haven play in gold held firm. Across the board, a rotation of capital away from highly speculative assets into perceived stability defined trading behaviour. Broader Market Landscape Spot gold settled at around $4,001 per ounce on 7 November, supporting the view that investors continue to allocate into non-yielding assets amidst global uncertainty. At the same time, Bitcoin hovered near $101,000â$103,000, after falling from recent highs. Historical data show a close…
Despite losing momentum to sectors like AI and gold, analysts believe Bitcoinâs cooling phase marks a healthy transition toward long-term maturity and renewed investor focus. After a blazing start to 2025, Bitcoinâs momentum has cooled, with investors rotating toward AI, quantum tech, nuclear energy, and gold. Yet according to Alex Thorn, head of research at Galaxy Digital, this slowdown is part of a natural market evolution â not a decline. âAttention will come back to Bitcoin, it always does,â he told CNBC, describing the current phase as a âmuch more mature eraâ for the worldâs largest cryptocurrency. From Hottest Trade…
As South Koreaâs crypto trading volumes collapse, retail investors are driving a historic rally in semiconductor and AI stocks, transforming the nationâs speculative energy into a state-backed market surge. South Korea, once the beating heart of global crypto speculation, is witnessing a dramatic transformation. The collapse in trading volumes on Upbit and Bithumbâdown nearly 80% year-over-yearâ marks the end of the countryâs altcoin obsession. But instead of retreating from risk, millions of retail investors have pivoted to the stock market, fueling an explosive rally led by AI and semiconductor giants such as Samsung Electronics and SK hynix. Cryptoâs Decline and…
A year into Donald Trumpâs return to the White House, the crypto industry has seen major policy wins â but rising political turbulence and economic uncertainty threaten to slow momentum. One year after Donald Trumpâs reelection, the U.S. crypto industry finds itself in a period of both unprecedented progress and political instability. Backed by a pro-crypto administration, digital asset advocates have achieved key policy victories, including landmark legislation and favorable regulatory appointments. Yet, a record-breaking government shutdown, falling approval ratings, and concerns over conflicts of interest have cast shadows over what was meant to be a breakthrough year for blockchain…
Declining ETF inflows, weaker derivatives data, and global economic uncertainty have left Ethereum under pressure despite steady on-chain engagement. Ethereum is showing signs of strain as weak institutional demand and fading trader confidence continue to weigh on its price performance. Despite a brief rebound above $3,400, Ether (ETH) has fallen nearly 11% over the past week, struggling to regain momentum toward the $3,900 resistance level. Analysts point to ETF outflows, macro headwinds, and a decline in decentralized finance (DeFi) activity as major contributors to the current stagnation. Investor Sentiment Remains Muted Data from derivatives markets shows Ether futures are trading…
