Tag: News

Robert Kiyosaki Predicts Bitcoin Hitting $500K by 2025 and Gold Soaring to $5K – Markets and Prices Bitcoin News

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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of bitcoin will hit $500,000 by 2025. During the same time period, he expects the price of gold to reach $5,000 and silver to hit $500. Kiyosaki also warned that a “giant crash” is coming and a depression is possible. Robert Kiyosaki’s Latest Bitcoin, Gold, Silver Price Predictions The author of Rich Dad Poor Dad, Robert Kiyosaki, has shared his latest predictions on bitcoin, gold, and silver. Rich Dad Poor Dad is…

Hello Pets Depict an Open Entertainment Ecosystem and Aim to be the Next Disney in Web3 – Sponsored Bitcoin News

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sponsored Hello Pets team is building an open entertainment ecosystem where the community can join in the storytelling and art creation of shared IPs. Starting from their own adorable pet characters, Hello Pets also actively incorporate external NFT characters into their story and invite the holders and communities to create amazing content together. The Hello Pets team believes this is a paradigm shift that can fully unleash the potential of the community. Their ultimate goal is to be the next Disney in Web3. How will Web3 Revolutionize the Entertainment Industry?…

Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong – Featured Bitcoin News

DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply for Digital Asset License in Hong Kong DBS Group Holdings has unveiled its plan to expand its services in Hong Kong. The Straits Times reported Monday that the bank plans to apply for a license to offer…

South Sudan Government Bans US Dollar Transactions – Africa Bitcoin News

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The government of South Sudan has reportedly prohibited U.S. dollar-based transactions and has directed that all local payments be settled in the local currency. The Salva Kiir Mayardit government reportedly said it also wants all signed commercial contracts to be based on the local currency. South Sudan’s Economic Meltdown As part of initiatives aimed at reviving South Sudan’s war-torn economy, the government of Salva Kiir Mayardit recently outlawed U.S. dollar-based transactions, a report has said. In place of the greenback, the government reportedly directed that all local payments be settled…

NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours – Markets and Prices Bitcoin News

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The Blur non-fungible token (NFT) marketplace launched its native token this week, and users who were awarded token allotments received “care packages.” Blur tokens began trading at noon on Feb. 14, reaching a high of $5.02 per token. However, the coin has since dropped more than 85% against the U.S. dollar. BLUR Token Launch Records an 85% Drop on Its First Day of Trading On Tuesday, Feb. 14, 2023, which is Valentine’s Day, the NFT marketplace Blur announced the launch of its token and airdrop. Blur gave away “care packages”…

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake – Bitcoin News

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Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds a 5.5% stake in the bank, according to a Schedule 13G filing with the Securities and Exchange Commission (SEC). As Silvergate Shares Are the Most Shorted Stock on Wall Street, Citadel Securities Claims 5.5% Stake in the Crypto-Friendly Bank According to current market data, shares of the crypto…

Czhang Lin Explains the Investment Strategy of LBank Labs in Web3 – Interview Bitcoin News

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LBank Labs is the venture capitalist and blockchain accelerator arm of global crypto exchange LBank. Spearheaded by investor Czhang Lin, LBank Labs is entering the market with a 100 million USDT fund to propel the Web3 industry. He recently joined the Bitcoin.com News Podcast to talk about their investment strategy and the blockchain market: Czhang Lin, LBank Labs Czhang Lin is a Taiwanese Canadian entrepreneur, investor, and crypto pioneer. In the last five years, Lin’s knowledge of digital investment strategies has contributed to over a hundred successful crypto and blockchain…

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors – Economics Bitcoin News

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U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty in Markets Inflation in the United States exceeded expectations among analysts and economists for January 2023. The U.S. Labor Department released the Consumer Price Index (CPI) on Feb. 14, which measures the value of goods and services across the country. From December 2022 to January 2023,…

SOL Rebounds, TRX up for Fifth Straight Session – Market Updates Bitcoin News

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Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tron rose for a fifth consecutive session on Tuesday. Solana (SOL) Solana (SOL) rose by as much as 5% on Tuesday, as prices climbed back above a recent support level. SOL/USD surged to an intraday high of $21.70 earlier in today’s session, which comes a day after trading at a bottom…

SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude – Bitcoin News

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Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits to Prevent ‘Judicial Overlap’ According to the latest decision by a New York judge presiding over the criminal case of Sam Bankman-Fried, the co-founder of FTX, the two lawsuits filed by the top two financial regulators in the U.S. will be put on hold. Bankman-Fried was indicted…