Bitcoin Bull Robert Kiyosaki Addresses Breaking News About Middle Class
It’s been just revealed that the Bitcoin bull, Robert Kiyosaki has an important message for people out there. Check out the latest reports below. Bitcoin is surrounded by optimistic predictions Rich Dad Poor Dad author R...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It’s been just revealed that the Bitcoin bull, Robert Kiyosaki has an important message for people out there. Check out the latest reports below.
Bitcoin is surrounded by optimistic predictionsRich Dad Poor Dad author Robert Kiyosaki thinks US President Joe Biden is “crushing the middle class” as US political and macroeconomic policies drive de-dollarization around the world.
Kiyosaki made sure to explain the fact in a new interview with London Real that Saudia Arabia is joining the BRICS group of nations due to Biden’s decision to pull US troops out of Afghanistan in 2021.
“BRICS is an economic alliance that stands for the countries of Brazil, Russia, India, China and South Africa,” as the online pubcalition the Daily Hodl notes.
They continued and said the following:
“Kiyosaki predicts that 70% of the world’s population will eventually be using a gold-backed Chinese yuan as their main currency via the BRICS alliance, which he thinks will make the US dollar “toast.””
Last month, the author predicted that the US is headed for an economic recession and argued that investors should be allocating to Bitcoin (BTC), gold and silver.
Bitcoin to hit new ATH soonAn important crypto analyst says that Bitcoin (BTC) is about to make a run for all-time highs a lot sooner than anyone realizes.
While most in the crypto space are expecting a lengthy period of consolidation before the next bull run, pseudonymous analyst Credible Crypto said recently that Bitcoin is set to break the six-figure mark before the end of the year.
He also made sure to explain the fact that traders are likely putting too much emphasis on the Bitcoin halving, which is slated for April of next year and has historically coincided with BTC market cycles.
At the moment of writing this article, BTC is trading in the red and the king coin is priced at $29,985.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Bloomberg Adds Basel Crypto Exposure Classification For Banks And Asset Managers
TL;DR: Bloomberg has expanded its crypto analytics to classify bank exposure under Basel standards, including indirect holdings hi...
Bitcoin Flashes Bull Market Signal Amid Fresh ETF Inflows: Cryptoquant CEO
Bitcoin’s latest capital-flow signal resembles patterns seen during earlier bull markets, Cryptoquant CEO Ki Young Ju said. His as...
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Bitcoin Magazine Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike U.S. investors quickly reversed course on Thurs...
Coinbase Ireland Hit With €3.25M Fine Over Fund Safeguarding and Oversight Failures
Key Takeaways: Irish central bank fines Coinbase Ireland $1.19m for customer fund safeguarding and outsourcing failures. The compa...
HSBC Brings Hong Kong Dollar Stablecoin To PayMe As Retail Rollout Begins
TL;DR: HSBC has launched its Hong Kong dollar-backed RedCoin for payments through PayMe, with wallet activation set to expand to m...
HSBC Launches RedCoin Stablecoin and Plans to Let Customers Buy Tokenized Funds With It
HSBC put its first stablecoin, a Hong Kong dollar token called HSBC RedCoin (ticker RCHKD), on its PayMe payments app on Oct. 23,...