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Showing posts from April, 2025

Rich Dad Poor Dad Author Robert Kiyosaki Says Buy Bitcoin, Gold, Silver As ”Biggest Market Crash In History” Begins

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Rich Dad Poor Dad Author Robert Kiyosaki has told his millions of followers to buy Bitcoin, gold and silver, arguing that the stock market meltdown he predicted years ago is underway “I warned the biggest stock market crash in history was going to wipe out the financial security of millions of investors,” he said in a post  on X. “That stock market crash arrived today.” Robert Kiyosaki Suggests Investors Turn To “Non-Wall Street” Assets Analysts and experts have speculated that a recession might be looming. Prediction platforms such as Kalshi and Polymarket both put the odds of a 2025 recession at over 60%.  While many experts believe a recession is coming, Kiyosaki is confident the recession has already started. He warned that this recession will “more than likely” also lead to a depression soon. Kiyosaki warned that older investors, considered “baby boomers,” are most at risk because they no longer have time...

Former Binance CEO CZ To Advise Kyrgyz Republic On Blockchain Technology, Crypto Regulation

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Former Binance CEO Changpeng Zhao will start advising the Kyrgyz Republic on blockchain and crypto regulation and technology. That’s after the crypto mogul signed a memorandum of understanding (MOU) with the National Investment Agency (NIA). “A Memorandum of Understanding has been signed between the National Investment Agency under the President of the Kyrgyz Republic and Changpeng Zhao (CZ),” said Kyrgyzstan president Sadyr Zhaparov in an April 3 X post . According to the president, the MOU with Zhao is a crucial step towards “strengthening technological infrastructure,  implementing innovative solutions, and preparing highly qualified specialists in blockchain technologies, virtual asset management, and cybersecurity.” Changpeng Zhao Advises Multiple Governments On Crypto And Blockchain Kyrgyzstan is not the first to tap Zhao’s Web3 knowledge and expertise. “I officially and unofficially advise a few governments on their crypto regu...

US Stocks: Dow Drops 1,400 Points as Markets Nosedive on Trump Tariffs

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Although the US stock market had been struggling for most of the year, things took a turn with the Dow (DJI) dropping a remarkable 1,400 points as the market’s nosedive followed US President Donald Trump’s ‘Liberation Day’ tariff announcement Tuesday. The president announced that the country would be adopting a bevy of import taxes to balance international trade. Moreover, the move was always poised to have a massive impact on Wall Street and the economy. Indeed, the former is proving that correct, with a host of mega-cap stocks plummeting Wednesday. Source: Reuters / Brendan McDermid Also Read: Amazon (AMZN) Expands AI Push as Stock Eyes End to 8-Week Losing Streak US Stock Market Falls: Dow Plummets and S&P 500 Loses 4% Throughout the first three months of the year, the United States had seen many of its larger companies struggle. Some of the most prominent tech firms were unable to find their footing, with companies like Tesla (TSLA) and Amazon (AMZN) boa...

First Digital USD (FDUSD) Depegs After Justin Sun Alleges Firm Is ‘Insolvent’ and Not Fulfilling Redemptions

A prominent stablecoin depegged from the US dollar Wednesday morning after it was alleged that its Hong Kong-based issuer was bankrupt In a new thread on the social media platform X, crypto billionaire and Tron (TRX) founder Justin Sun urged his followers to “take immediate action” to protect any assets they held in FDUSD, a stablecoin managed by First Digital Trust (FDT). Sun also called for regulators to step in and take action to prevent further losses and save Hong Kong’s reputation as a financial power. “First Digital Trust (FDT) is effectively insolvent and unable to fulfill client fund redemptions. I strongly recommend that users take immediate action to secure their assets. There are significant loopholes in both the trust licensing process in Hong Kong and the internal risk management of its financial system. I urge regulators and law enforcement to take swift action to address these issues and prevent further major losses. Hong ...

USDC Issuer Circle Files For IPO As Analysts Flag Profitability Concerns

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Circle Internet Financial, the issuer of USD Coin (USDC), has filed for an initial public offering (IPO) amid analyst concerns over the company’s profitability. The firm  submitted an S-1 form to the Securities and Exchange Commission (SEC) yesterday, which, if approved, will see the company’s stock trade on the New York Stock Exchange under the symbol “CRCL.” Not USDC Issuer’s First Attempt To Go Public Circle , the issuer of the second-largest stablecoin by market capitalization,  has been trying to go public since 2021. Its first attempt was a SPAC merger, which failed because the company did not complete the SEC’s “qualification in time,” said CEO Jeremy Allaire. Reports at the time suggested that the SEC simply chose to not sign off on Circle’s plans, but the company denies these claims. Circle then tried a different approach for its second attempt, filing a draft registration for an initial public offering wit...

Pepe Trader Turns Just $2000 Into $10 Million: Here's How

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According to crypto Analysis firm LookOnChain, a trader spent $2184 to buy 1.5 trillion Pepe (PEPE) in its early stage. The trader has sold 1.02 trillion coins for $6.66 million. The wallet still has 493 billion coins worth $3.64 million. In total, the trader made a profit of more than $10 million. When the frog-themed crypto was at its peak, the trader’s holdings were worth around $43 million. Also Read: De-Dollarization: Countries Look For Payments Without US Dollar A $PEPE OG sold 150B $PEPE($1.14M) again 5 hours ago. This OG spent only $2,184 to buy 1.5T $PEPE($43M at the peak) in the early stage. He sold 1.02T $PEPE for $6.66M, leaving 493B $PEPE($3.64M), with a total profit of $10.3M(4,718x).https://t.co/tyzLr10sGj pic.twitter.com/FD6fFpyqCi — Lookonchain (@lookonchain) March 29, 2025 PEPE Surges Amid Bearish Market Source: Techpoint Africa The crypto market has faced substantial resistance over the last two months. Bitcoin (BTC) hit an all-time high of $108,786 in Ja...