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Robert Kiyosaki, American entrepreneur and writer, is once again urging investors to be cautious when exploring investment opportunities. Namely, in a July 25 post on X, the author of Rich Dad Poor Dad noted the limits of exchange-traded funds (ETFs), acknowledging their usefulness yet recommending more tangible assets. According to Kiyosaki, investment funds make the lives of average investors easier, likely alluding to their hands-off nature, but they are no substitute for holding the real thing, being, as he calls them, “paper assets.” “ETFs make investing easier for the average investor… so I do recommend them.… Yet an ETF is like having a picture of a gun for personal defense.” Gold, silver, and Bitcoin ETFs are all accessible options, the writer notes, especially in times of crisis, but only if you “know the differences, and how to use them.” BEWARE of PAPER I realize ETFs make investing easier for the average investor….so I do recommend ETFs for the ...

Crypto investment giant Pantera Capital says there is a “great on-chain migration” underway as tokenization moves from a concept to reality. In a new newsletter, Pantera general partner Franklin Bi says “the rise of tokenized assets today mirrors the early days of ETFs (exchange-traded funds).” Says the investor, “When the first U.S. equity ETF (SPY) launched in 1993, it crossed $1 billion in AUM (assets under management) within a year. But the real inflection point wasn’t its size. It was when ETF volumes began consistently matching and eventually exceeding mutual fund flows. That’s when market structure changed and investor behavior soon followed. We believe tokenization will hit a similar moment in broad market structure transformation and issuer and investor behavior.” Bi says that when any one of four things happens, the tipping point for tokenization will have arrived. Those things include daily on-chain equity volume ex...

Ripple (XRP) is busy forging new milestones. The token is at the center of mainstream activity with the long queue of the XRP ETFs waiting to seek approval from the US SEC. Apart from that, Ripple has always been known as one of the leading ambitious coins, charting its own price path with great precision and care. Now that the token is free from all the legal barriers, this is how high XRP can trade one year from now, per recent technical Analysis and markers. Also Read: How Much Bitcoin (BTC) Does North Korea Hold? Ripple: Where’s The Token Currently? Source: Bitcoin News XRP is currently trading at $2.46, up 3% in the last 24 hours. The token is aiming for a price above $3 as the primary target to ace first. Per Dark Defender, a notable cryptocurrency expert, XRP has the potential to ace even bigger price targets, ultimately hitting the ambitious $5 to $8 price marks in no time. “Hi all. Today, I want to share an update on the monthly structure we previously used, along with t...

Since January 1, bitcoin (BTC) has rallied 127% while its nearest rival, ether (ETH), trailed way behind at just 47%. A year-end review is in order to understand why Vitalik Buterin failed to lead ETH to outperform BTC and other major assets in 2024. For context, tether’s (USDT) market capitalization increased 52% this year. ETH’s market cap even failed to outperform a stablecoin. It has also underperformed XRP, BNB, SOL, and even DOGE. Embarrassment is setting in. Generally speaking, crypto assets are ending the year on a high note. Without exception, the market cap of every top 10 asset has outperformed the S&P 500’s 23% year-to-date rally. Respectably, ETH bidders lifted $4,000 offers for the first time since 2021 and suffered no major hacks or downtime. But why did ETH fail to outperform BTC so disappointingly? Here are ETH’s wins, losses, and major developments from 2024. Read more: Did Vitalik Buterin’s girlfriend stall Ethereum development? ...

The asset management giant Bitwise has recently predicted an array of new timelines and forecasts concerning the cryptocurrency domain. As the current Web3 domain gears up for meteoric changes, the asset management firm took to X to share some staggering forecasts, going a mile ahead to claim that Bitcoin is poised to trade above $1M by the year 2029. Also Read: $1000 in Dogecoin Today: What Could It Be Worth by 2030? Bitwise Predictions: Bitcoin To Overtake Gold, Coinbase Stock To Trade Above $700 Image Source: Watcher Guru The asset management giant Bitwise has made a series of new predictions, speculating that the cryptocurrency market will undergo a massive change in the coming years. As 2024 approaches its end, Bitwise predicted a series of new events and timelines that have set the speculatory whims to run on turbo mode. According to Bitwise, Bitcoin is poised to trade above $200,000 in 2025. In addition, Bitcoin ETFs are set to attract more momentum and traction next year, invit...

Cboe to launch cash-settled Bitcoin index options based on the CBTX index on Dec 2. The options will offer indirect exposure to Bitcoin via US spot Bitcoin ETFs. Mini options and customizable FLEX options will also be available at launch. Cboe Global Markets, a leader in the derivatives and securities exchange network, has announced plans to launch the first cash-settled index options tied to the price of spot Bitcoin. The new offering, set to go live on December 2, 2024, will be based on the Cboe Bitcoin US ETF Index (CBTX), marking a significant development in the world of cryptocurrency derivatives. The CBTX index, a modified market cap-weighted benchmark developed by Cboe Labs and Cboe Global Indices, is designed to track the performance of a basket of Bitcoin exchange-traded funds (ETFs) listed on US exchanges. The index aims to offer indirect exposure to spot Bitcoin by reflecting the performance of these ETFs, providing investors with a way to gain e...

The ETFSwap (ETFS)  token is off the mark in the race to $2 as crypto investors cheer on the Ethereum-based token that is taking the crypto world by surprise and leaving Ripple (XRP) and Dogecoin in its wake.  ETFSwap (ETFS) Is Off To A Great Start  The ETFSwap (ETFS) token is turning out to be the most coveted crypto in 2024, as all in the crypto space are clamoring for the opportunity it gives to own a part of valuable real-world assets like real estate, tech companies, oil and gas stocks, and traditional exchange-traded funds that have been tokenized on the blockchain and made available on the ETFSwap (ETFS) platform.  The ETFS tokens provide access to trade tokenized crypto ETFs, such as spot Bitcoin (BTC) and spot Ethereum (ETH), and can provide a hedge that attracts institutional investors to the platform as it prevents the risks associated with directly holding crypto assets.  The race to $2 is already won for the ETFSwap (ETFS) tokens, as the ...

Inflows into spot Bitcoin ETFs remain strong, indicating that long-term market investor confidence is unshaken. Despite Bitcoin struggling to maintain levels above $60,000, investors continue to buy into spot Bitcoin ETFs. Data from Farside Investors reveals that since August 7, there have only been two days of outflows, suggesting that the current price is a long-term buying opportunity. Technical analyst SuperBro notes that historically, Bitcoin tends to bottom out in July or August during U.S. presidential election years, followed by a sharp rally after the elections. If this pattern holds true, Bitcoin could potentially reach a new all-time high in November. Crypto market data daily view. Source:  Coin360 The Bitcoin market needs a solid pick-up in demand soon to push it above the all-time high, but the Bitcoin whales do not seem to be supportive. Onchain analytics firm CryptoQuant said that Bitcoin whales have reduced their buying pace since an all-time hi...