Robert Kiyosaki strongly bets on Bitcoin
Robert Kiyosaki businessman and author of “Rich Dad, Poor Dad” has shown his positive stance towards Bitcoin. Extend this and more in our Crypto summary.
The bestselling author of the book “Rich Dad, Poor Dad” has made negative appreciations for Bitcoin on previous occasions. However, he seems to have changed his mind. In this context, everything indicates that Robert Kiyosaki bets on Bitcoin.
Robert Kiyosaki seems to bet on Bitcoin
Entrepreneur Robert Kiyosaki advocates turning to Bitcoin during the current financial crisis caused by the Coronavirus pandemic. In this sense, Robert Kiyosaki bets on Bitcoin.
Previously, the best-selling author of the book “Rich dad, poor dad” would have shown a negative stance against the main cryptocurrency on the market. However, it seems that he has changed his mind, since he has said that Bitcoin could reach USD 75,000 in three years.
“The economy is dying. The FED is incompetent. The next payment will be billions in pensions. Hope disappears. Let’s buy more gold, silver and Bitcoin. Gold will be at $ 3,000 in 1 year, silver at $ 40 in 5 years, and Bitcoin at $ 75,000 in 3 years. Let us pray for the best, but be prepared for the worst. ”
Robert Kiyosaki also posted a message on Twitter denouncing the actions of the Federal Reserve during the pandemic, and his belief that assets such as gold, silver and Bitcoin (BTC) would be the saviors of investors during this crisis. This is how Robert Kiyosaki now bets on Bitcoin.
Where is Bitcoin moving to?
Earlier today, one of our analysts published an analysis regarding the movements that Bitcoin has registered in the last hours and where its price could go.
In it, they detail the trends of the cryptocurrency in the short, medium and long term. Bitcoin tries to conquer the $ 10,000 barrier. The analysis details that at the time of publication of the post, the cryptocurrency was trading at $ 9,350. Expand more here.
Consequences of Binance’s return to China
We recently learned that the world’s leading cryptocurrency exchange, Binance, plans to return to its home market, China. The platform was forced to close operations within the Asian country, caused by the number of regulations imposed by China regarding the crypto ecosystem.
The return of the exchange within its country of origin, seeks the penetration of Blockchain and Bitcoin technology within the country. What it is also looking for is to continue consolidating itself as a leading company in this sector, and thus hit its competition hard. This, if he succeeds with complete success, entering this western world.
Houbi has reported bias from CoinMarketCap
In recent days, various users and companies have filed some complaints and allegations regarding the CoinMarketCap generated to the Binance administration. Since, according to what they detail, there is a bias that has been favoring Binance. This was confirmed by the Vice President of Huobi, Ciara Sun.
Recall that the CEO of Binance recently announced the purchase of CoinMarketCap. However, Changpeng Zhao and the entire team denied that there is any manipulation by the exchange.
The company has changed the way of calculating the ranking of crypto exchange exchanges. Giving more importance to web traffic than other factors such as the percentage of the Bitcoin market that each one manages.
Which has placed Binance in the first place of the ranking, while putting its main competitor, Huobi, at a disadvantage. However this week, the CEO of Binance assured that both platforms work without any relation to each other.
Former Coinbase chief legal officer becomes U.S. Controller
Brian Brooks, the former chief legal officer of Coinbase, is close to taking a senior position at a major U.S. banking regulator.
Brooks will move on to assume the role of Acting Comptroller of the currency until Donald Trump’s new appointments to the area. So it is not clear how long the process will take.
The Political Pro platform reported this week that Joseph Otting would have resigned after reforming some regulations designed to prevent financial institutions from discriminating against low-income people and minorities.
Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.