Robert Kiyosaki, the author of Rich Dad Poor Dad, has once again sounded the alarm about the state of the American economy and the financial system. The book Rich Dad Poor Dad was written by Kiyosaki and Sharon Lechter in 1997. For almost six years, it has been included on
On June 14, the official exchange rate of the Nigerian naira against the U.S. dollar hit an all-time low of NGN634 per greenback. The devaluation of the naira by more than 30 percent occurred days after the Central Bank of Nigeria (CBN) disputed that it had lowered the exchange rate
According to the most recent assessment, there are now over 12,494,695 Ordinal inscriptions connected to the Bitcoin blockchain. As a result of this ongoing pattern, mempool.space has recorded over 300,000 outstanding transactions that have yet to be validated. Bitcoin miners validated these transactions and others worth $46.10 million in conventional
The “OG” institutional Bitcoin investment vehicle seems to have gained value as a result of BlackRock’s Bitcoin aspirations. According to data compiled by tracking platform CoinGlass, the Grayscale Bitcoin Trust (GBTC) came dangerously close to new all-time highs on June 17. Late last week, when word spread that the biggest
For an article he published last year, ZachXBT, one of the most followed on-chain crypto sleuths on Twitter, claims to be facing legal action. The analyst claims he needs public funding to pay for his defense since, unlike his accuser, he does not have a lot of money. That backing
In a significant development for the cryptocurrency market, major digital currencies closed the week with notable gains, driven by the news of “BlackRock’s plans to launch a Bitcoin exchange-traded fund (ETF).” The announcement by BlackRock, one of the world’s largest asset management firms, has captured the attention of investors and
After almost a decade in business, San Francisco’s Wyre, a cryptocurrency payments startup, has announced shutdown, citing the problems of the crypto winter rather than any strong “regulatory agency direction” in the U.S. On June 16th, the firm said it will be shutting down in order to “protect the best
On Thursday, Jack Dorsey’s payments firm Block announced the launch of an open beta test for its Bitkey self-custodial Bitcoin wallet. To securely transfer Bitcoin from Coinbase or CashApp to the wallet “without the friction of standard ‘copy and paste,’” the beta already contains unique interfaces with both services. Block,
After a rough couple of weeks, the cryptocurrency market is starting to trend upward again. After the interest rate decision by the U.S. Federal Reserve, the price of Bitcoin dropped below $25,000. The statements made by Fed Chair Jerome Powell prompted the sell-off, even though a halt to rate rises
Floating Point Group, a crypto brokerage firm, reported on June 12 that it has suspended trading, withdrawals, and deposits after a hack on June 11. The entire loss from the assault, according to FPG’s estimations, is between $15 and $20 million. Moreover, after identifying the security compromise, FPG reportedly locked
