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The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin, Warns About SEC Regulations Crushing Crypto Tokens The author of Rich Dad Poor Dad, Robert Kiyosaki, has revealed the key reason why he is investing in bitcoin. The famous author warned that the Securities and Exchange Commission (SEC) will “crush” most other crypto tokens with its regulations. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries. Kiyosaki tweeted Friday that he is investing in bitcoin. He explained that he is “very excited” about BTC because the cryptocurrency “is classified as a commodity much like

Bitcoin and select altcoins remain under pressure as bounces off support levels are being sold into. Investors have faced a tumultuous year in 2022 as stocks, bonds, and the cryptocurrency sector have all witnessed sharp declines. As of Nov. 30, the performance of a traditional portfolio comprising 60% stocks and 40% bonds has been the worst since 1932, according to a report by Financial Times. The next big question troubling crypto investors is whether the pain in Bitcoin (BTC) is over or will the downtrend continue in 2023. Analysts seem to be divided in their opinion for the first quarter of the new year. While some expect a drop to $10,000 others anticipate a rally to $22,000. Daily cryptocurrency market performance. Source: Coin360 While the near-term remains uncertain, research and trading firm Capriole Investments said in its latest edition of the Capriole Newsletter that Bitcoin could copy gold’s explosive bull move in the 1970s and if that happens, Bitcoin could soar past $6

Its been 105 days since Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network and the number of Ethereum validators is set to surpass 500,000 in 2023. According to metrics, Ethereum’s issuance rate of new coins has dropped considerably and only 4,790.45 ether has been minted since The Merge took place on Sept. 15, 2022. Ethereum’s Issuance Rate Is 0.014% per Annum in Contrast to the Simulated PoW Inflation Rate of 3.58% per Year The Ethereum (ETH) network has been operating under its proof-of-stake (PoS) consensus algorithm for more than three months and since then, 4,790.45 ethereum or $5.7 million in value has been added to the supply. Statistics from ultrasound.money show that Ethereum’s current issuance rate of new coins per annum is 0.014%. Statistics from ultrasound.money on Dec. 29, 2022. That’s a whole lot different than what it would be if Ethereum was still a PoW chain, according to ultrasound.money’s simulation metrics. If ETH rema

The coming decade could be Bitcoin's time to copy gold's 1970s breakouts, says Capriole Investments. Bitcoin (BTC) is due to copy gold’s explosive 1970s breakout as it becomes the world’s “ hardest asset ” in 2024. That was one forecast from the latest edition of the Capriole Newsletter, a financial circular from research and trading firm Capriole Investments. Bitcoin due big moves "and more" in 2020s Despite BTC price action flagging at nearly 80% below its latest all-time high, not everyone is bearish about even its mid-term outlook. While calls for a further drop before BTC/USD finds its new macro bottom remain, Capriole believes that 2023 will be bright for Bitcoin as a reserve asset. The reason, it says, lies in the world economy’s financial history of the past century, and in particular, the United States after the dollar deanchored from gold completely in 1971. Gold, as the world’s premier safe haven of the time, saw “huge” gains during the decade, and fifty

TheCaféDAO and TheLaborDAO sit down with The Agenda to discuss how decentralized autonomous organizations can revolutionize the fight for workers’ rights. Collective action, labor struggle and protest go hand in hand, and it’s no secret that unionizing and organizing to fight for workers’ rights is a tedious task. But is there a way to simplify and boost the efficiency of the process? On this week’s episode of the newly launched podcast The Agenda , Cointelegraph senior copy editor Jonathan DeYoung and head of markets Ray Salmond sit down with Larry Williams Jr., co-founder of TheLaborDAO, and Daniel Carias and Dustin Tong, co-founders of theCaféDAO, to discuss the state of worker s’ rights in the United States and how Blockchain can strengthen labor movements. The trio also touched on whether a decentralized autonomous organization (DAO) could successfully and equitably run a business. Workers should be stakeholders and have access to equity For Carias, the initial idea for theCaf

The mining company has faced financial problems due to escalating energy costs and the falling price of Bitcoin. Bitcoin mining firm Argo blockchain has suspend ed trading of its American depositary shares (ADS) on NASDAQ, according to a Dec. 27 press release. The company says that it needed to suspend trading because of an announcement that will come on Wednesday morning and because the London Stock Exchange is closed on Tuesday. Argo says that it expects shares to resume NASDAQ trading on Wednesday. At our request, @Nasdaq temporarily suspended trading of Argo’s ADSs and unsecured notes for today - Tues Dec 27. We’ll be making an announcement tomorrow (Dec 28) via RNS before the @LSEplc opens in the UK…we expect trading on Nasdaq to resume tomorrow.#ARB $ARBK #BTC — Argo (@ArgoBlockchain) December 27, 2022 The statement comes after the company has been plagued with financial problems and faced bankruptcy rumors due to rising energy costs and falling Bitcoin prices. On Dec. 9

Join Our Telegram channel to stay up to date on breaking news coverage When it comes to the most valuable Metaverse initiatives, the market valuation of Internet Computer Protocol (ICP) is $1.08 billion, making it one of the top tokens worth investing in for the long term. It has always been interesting to users, and it will continue to be so as long as it has the potential to define a Metaverse future.   If the Metaverse continues to grow and more established companies enter the Web3 market, ICP may serve as both an inspiration and an object of want for those who will soon have to compete in the space. The Internet Computer Protocol (ICP) has surpassed other prominent Metaverse initiatives, according to the results of a recent market valuation study.   Stick around till the end of this article to understand whether it is worth investing in ICP for the long term. More on Internet Computer Protocol Using recent developments in encryption, the Internet Computer Protocol implem

Bitcoin exchange users get comfortable as "Do Nothing December" sees BTC price volatility drop to record lows. Bitcoin (BTC) exchange users have forgotten all about the FTX scandal this Christmas, data shows. According to on-chain analytics firm Glassnode, exchange outflows have now hit their lowest levels in over six month s. Still not your keys, still not your coins? As Bitcoin volatility sets a new record low in what is being called “Do Nothing December,” exchange users’ habits are also rapidly adjusting to the current climate. After seeing an overwhelming surge in light of the FTX meltdown, BTC withdrawals from exchange wallets have entirely reversed the spike which began around six weeks ago. Having hit a peak of 142,788 BTC on Nov. 14, outflows from the trading platforms tracked by Glassnode have declined over ten times. On Dec. 25, the latest date for which numbers are available, total exchange outflows came in at just 9,352 BTC — a drop of 93.5%. Bitcoin exchange ou

People involved in financial tech, software programming, cyber security, and cryptocurrencies have been talking about the Lastpass data breach that was disclosed two days ago. The password management company detailed that a breach, committed earlier this year, allowed hackers to obtain a “backup of customer vault data.” Lastpass Reveals ‘Threat Actor Was Also Able to Copy a Backup of Customer Vault Data’ On Dec. 22, 2022, the password management firm Lastpass disclosed that an “unknown threat actor” managed to breach the firm’s cloud-based storage environment in or around Aug. 2022. As soon as the news was published, the Lastpass data leak has been a topical discussion on social media and forums. A great number of people believe that Lastpass’ situation “may be worse than they are letting on.” LastPass attackers now know all websites you have passwords stored for and the blobs, encrypted only by your master password https://t.co/Wdbt6mWe8C https://t.co/HldcJ8DYkK — SwiftOnSecurity

The top 100 DeFi tokens had a volatile yet bearish week with nearly all the tokens trading in red on the weekly charts. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Uniswap, one of the leading decentralized exchange platforms, is integrating debit and credit card support for its users. It will allow Uniswap users to buy cryptocurrency directly with their cards. An ex-employee caused Ankr protocol’s recent $5 million hack. The DeFi protocol alerted relevant authorities and is seeking to prosecute the attacker while shoring up its security practices. A Web3 developer has claimed that many crypto ecosystem projects would rather get hacked than pay bounties. After reporting and helping patch a smart contract vulnerability, the developer claims that the projects he helped started to ignore him. However, despite a tumultuous year, DeFi, nonfungible tokens

Join Our Telegram channel to stay up to date on breaking news coverage Crypto Oliver reviewed Calvaria for his 196,000 YouTube followers. A new P2E battle card game, has attracted the attention of investors due to its methodology. The primary distinctive feature of the game, as opposed to comparable traditional card games, is that players fully own all of the game’s resources and assets. As a result, each player can gather a specific set of resources to pursue the strategy of their choice. These resources can be purchased on the open market outside of the game as well as from the in-game store. Any player can sell their resources and possessions to anyone else, which is also true Calvaria – Crypto Oliver Reviewed Calvaria: Duels of Eternity is a card game players compete in tournaments using cards that represent several characters, each of which has an unique set of skills. In order to obtain awards and other upgrades, the player’s objective is to overcome opponents utilizin

When done right, crypto can be used to show children how to be responsible with their money — and help them discover the value of hard work. Cryptocurrencies are often dismissed as vehicles for speculation — an asset class that lacks intrinsic value. But this is a naive, underdeveloped, and misinformed argument, especially when you consider how digital assets are being used as a modern tool for financial education. Jay-Z and Jack Dorsey recently teamed up to launch "The Bitcoin Academy," with dedicated classes for children aged 5 to 17. All of this is very exciting, and it's only the beginning. There are big opportunities for crypto to revamp financial education in the world's classrooms — and compelling applications that extend far beyond telling youngsters who Satoshi Nakamoto is. Related: What will drive crypto 's likely 2024 bull run? Crypto classrooms in action While " crypto class rooms" are something to strive for, there are challenges to overc

Join Our Telegram channel to stay up to date on breaking news coverage With inflation rising and the stock market becoming more volatile, many investors are looking for ways to diversify their portfolios and take advantage of the lucrative alternative investment landscape. Besides, who doesn’t want to own diamonds, watches, rare coins, and bottles of fine wine? Not only are these assets super-cool, but they tend to appreciate in value over time and are less susceptible to market fluctuations. However, accessing these alternative investments has traditionally been challenging for the average investor. These alternative investments are expensive, illiquid, hard to authenticate, and difficult to store. That is until now. HedgeUp is changing the game by bringing these alternative investments — from rare coins to vintage wines — within reach of everyday people. The average investor can access these lucrative investments through a convenient and secure online platform. HedgeUp: Mak

Users will be able to swap and bridge assets across multiple networks like Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom. Decentralized Exchange (DEX) aggregator OpenOcean has announced the rollout of its new interoperable "all-in-one" cross-chain swap platform, which allows users to swap and bridge assets across Ethereum, BNB Chain, Polygon, Arbitrum, Avalanche, and Fantom.  We’ve just launched our 1-click Cross-chain swap+aggregator! Get the best cross-chain swap rates, now live on @ethereum, @BNBCHAIN, @0xPolygon, @arbitrum, @avalancheavax & @FantomFDN. Dive in nowhttps://t.co/UNP6FBATu0 More info: https://t.co/X9JFUfVMNm — OpenOcean - A leading Web3 DEX Aggregator (@OpenOceanGlobal) December 20, 2022 According to OpenOcean, it has integrated Celer Bridge and the Multichain bridge within its platform to provide users with competitive rates across the supported chains. The DEX aggregator, which supports over 1,100 coins across multiple chains, seeks