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Financial author and investor Robert Kiyosaki, known for his best-selling book “Rich Dad Poor Dad,” has warned about what he considers the “biggest lie” in the financial industry. In an X post on May 25, Kiyosaki claimed that the lie emanates from financial planners who deceive “gullible, mom and pop investors” by promoting the safety of bonds. Consequently, Kiyosaki warned investors, including those deemed sophisticated, that they risk significant losses when AAA bonds—bonds with the highest credit rating—plummet as the commercial real estate market falters. Picks for you 'Dollar is the most widely traded crypto,' dunks senior commodity analyst 29 mins ago ‘Concerning development’ as Treasury ...

BRICS is advancing in its de-dollarization quest by convincing developing countries to ditch the US dollar for all global transactions. Now that four new countries have joined the bloc, the alliance has received a boost in the arm of its de-dollarization agenda. The new members are also keen on the formation of a BRICS currency to bring the US dollar down. Also Read: BRICS Pays $4,000,000,000 in Local Currency, Sidelines US Dollar Amid the de-dollarization process, two countries have openly expressed that they will begin using BRICS currency to settle trade and not the US dollar after the launch of the tender. Read here to know how many sectors in the US will be impacted if BRICS ditches the dollar for trade. Russia & Iran To Settle Trade in BRICS Currency After Its Launch, Ditch US Dollar Source: Financial Tribune BRICS members Russia and Iran made it clear that they would start using BRICS currency the same day of its launch and ditch the US dollar for trade. B...

Ethereum (ETH), the second-largest crypto by market capitalization, has recently shown signs that suggest a potential rebound is on the horizon. Analysts have been closely monitoring various technical indicators, and one such analyst, Ali, has highlighted a key signal that points to an impending price surge. Related Reading Ethereum Price Anticipates Upside Break To Shift Sentiment Towards Bullish 1 week ago TD Sequential Signals Buy As Ethereum Eyes Recovery   According to Ali’s social media platform X Analysis , the TD Sequential indicator on Ethereum’s daily chart has issued a strong buy signal, hinting at a possible upward movement lasting one to four candlesticks. The TD Sequentia...

Polkadot (DOT) is consolidating gains above the $7.40 zone against the US Dollar. The price could start another increase if it clears the $7.70 resistance. DOT gained pace and tested the $7.70 resistance level against the US Dollar. The price is trading above the $7.20 zone and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $7.40 on the hourly chart of the DOT/USD pair (data source from Kraken). The pair could continue to rise if it fails to stay above the $7.20 support. Polkadot Price Holds Support After forming a base above the $6.80 level, DOT price started a decent increase. It broke many hurdles near $7.20 and even spiked above $7.65. A high was formed at $7.69 and the price is now consolidating gains, like Ethereum and Bitcoin. There was a move below the $7.50 support zone. The price declined below the 23.6% Fib retracement level of the upward move from the $6.91 swing low to the $7.69 high. ...

The XRP price dropped 1% in the last 24 hours to trade at $0.5223 as of 02:57 a.m. EST on trading volume that skyrocketed 104% to $2.2 billion. This comes despite there being speculation over whether an XRP ETF (exchange-traded fund) might be next after the U.S. Securities and Exchange Commission (SEC) approved eight spot Ethereum ETFs yesterday . Ripple’s CEO, Brad Garlinghouse, said in February that a spot XRP ETF ”simply makes sense.” Ripple CEO Brad Garlinghouse has expressed optimism about an XRP ETF, stating he would 'certainly welcome' it. Is an $XRP ETF next in line? 🤔#Ripple #XRP @bgarlinghouse @Ripple pic.twitter.com/ed25Vc0G2e — TheNewsCrypto (@The_NewsCrypto) February 21, 2024 He called this week’s events momentous for the crypto community, and said the ETH ETF approvals and the passing of the FIT21 crypto bill ”feels like hell has frozen over!!” Big momentum in crypto this week – ETH ETF passed and bipartisa...

Dog-themed meme coins have become immensely popular and have achieved a massive market cap of $45.9 billion. Can Dogeverse add to this rally of dog coins? Dogecoin (DOGE), Shiba Inu (SHIB), and Bonk (BONK) have helped boost the category’s market value, according to CoinGecko. In this guide, we’ll look at how the popular dog-themed meme coins have been performing and introduce a new one you might want to add to your portfolio. Dogecoin (DOGE) Dogecoin, the original meme coin, has a market value exceeding $22.85 billion, making it the dominant player in the meme coin world. Created as a fun and light-hearted cryptocurrency inspired by a dog meme, Dogecoin aimed to appeal to a broader audience than just Bitcoin enthusiasts. With the enthusiastic backing of Elon Musk, its value soared in just a few months. Today, Dogecoin has shown noticeable price swings, currently hovering around $0.157. It experienced a slight drop of 7% over the last day, mirroring wider fluctuations i...

USDD is a massive stablecoin that describes itself as ‘algorithmic’ and has a market capitalization of approximately $730 million. However, despite this size and seeming importance, it has a variety of issues, from its design to its reserves and its partners. Changes to USDD When USDD was launched, it was intended to inherit an algorithmic design reminiscent of the Luna-Terra system. The original whitepaper described how, by the end of 2022, Tron version 5.0 was going to be released, which would integrate USDD minting and redemption directly into the core of the protocol. However, as of press Tron version 5.0 has yet to be released.  This version was meant to actually ‘burn’ the tron (TRX) used to issue new USDD; currently, the TRX that is ‘burned’ isn’t burned but instead held in a wallet and counted as collateral for the token. Following the collapse of the Luna-Terra system, more recent whitepapers for USDD no longer mention bei...

Although the cryptocurrency community is familiar with Andrew Tate’s love for Bitcoin (BTC), the social media personality and former professional kickboxer also seems bullish on the market’s largest altcoin – Ethereum (ETH) – as he recently suggested it would surpass an important price level. Indeed, true to his style of communication, the popular influencer with a massive following promised his followers on social media platform X (formerly Twitter) that he would call them all “losers” if Ethereum hits the price of $4,000, according to his X post on May 22. At the same time, Tate shared his post from early March, when he correctly predicted that Bitcoin would reach $70,000 and, as promised, told his audience they were losers when the flagship decentralized finance (DeFi) asset, indeed, crossed this important psychological barrier. Picks for you ...

With many assets in the cryptocurrency sector starting to stagnate after recent bullish price action, the same is happening to XRP, but artificial intelligence (AI) algorithms predict further improvements for this crypto asset in the following several months. As it happens, XRP has halted its bullish advances from the previous days and has dropped back below the previously surpassed critical price level at $0.53, demonstrating the beginning of a consolidation noticeable in other assets in the crypto market as well. XRP price prediction Specifically, one of the popular AI algorithms, which takes into account historical XRP price movements, technical Analysis (TA) indicators, chart patterns, and other relevant factors, has set the price of XRP on August 1, 2024, at $0.384764, which would suggest a drop of 27.29% from its current price . Picks for you ...

Every year on May 22, the cryptocurrency community comes together to commemorate a special event known as Bitcoin Pizza Day. This day marks the anniversary of the first-ever recorded real-world transaction using Bitcoin, which took place fourteen years ago when Floridian programmer Laszlo Hanyecz bought two pizzas for 10,000 BTC. The Bitcoin Pizza Day Backstory On May 18, 2010, Hanyecz made a post on the Bitcointalk.org forum, stating that he wanted to use Bitcoin to buy two large pizzas. He offered 10,000 BTC to anyone who could place the order and deliver the pizzas to him, with the only condition being that crypto payments should be available. In his own words, Hanyecz stated, “I’ll pay 10,000 Bitcoins for a couple of pizzas. Like maybe 2 large ones so I have some leftovers for the next day. I like having leftover pizza to nibble on later. If you’re interested, please let me know and we can work out a deal.” Also read: Shiba Inu: Machine Learning AI Predicts SHIB ...

According to a report by the European Securities and Markets Authority (ESMA), Ripple ’s XRP token surpassed Solana (SOL) and Binance’s BNB in volume in 2023. XRP’s dominance is surprising, given that the asset’s market cap fell below SOL and BNB’s last year. The ESMA report was shared on X by WrathofKahneman, a prominent XRP supporter. According to the report, Ripple ’s XRP traded $25 billion more than Solana (SOL) and $80 billion more than Binance’s BNB token. Interesting data from ESMA: The trading volume tells a slightly different story than the token market caps. #XRP, for instance traded $25b more than Solana & $80b more than BNB. Still only 2% of market share but interesting. #XRP also seems the least correlated of the major… pic.twitter.com/ZLAHwekBOZ — WrathofKahneman (@WKahneman) May 20, 2024 Also Read: Ripple XRP Forecasted to Reach $3, Here’s When The ESMA report shows that XRP has more demand than SOL and BNB. However, the asset’s price contin...

May 21, 2024 at 08:54 // Price Author Coin Idol The price of Ethereum (ETH) has resumed its uptrend, rising and breaking above the 50-day SMA. Price Analysis by Coinidol.com. Long-term analysis of the Ethereum price: bullish Since May 17, the largest altcoin has been trapped between moving average lines. The cryptocurrency fluctuated between the moving average lines for three days before staging a recovery. The cryptocurrency has bounced off its sideways trend. On May 20, the upward momentum broke through the 50-day SMA and rose to the $3,720 resistance lev...

Floki has been around since the last bull run. Analysts believe it has the potential to become one of the biggest meme coins because of its expanding ecosystem that goes beyond just being a meme. Furthermore, another project with similar capabilities is expected to launch soon, aiming to replicate Floki’s success and potentially reach a billion-dollar or multi-billion-dollar market cap. Floki (FLOKI) price analysis Floki has been on a hot streak lately, with a 33.71% increase in the past month and a 4.70% jump in the past week. After a solid day with a 8% gain, the coin currently sits at $0.000213. Support levels are at $0.000188 and $0.000182, with a strong floor at $0.000172. Resistance sits at $0.000203, $000.213, with a ceiling of $0.000218. While some might compare Floki to other meme coins, its history and Features suggest otherwise. It has reached similar price points before, even achieving a significant 24-hour trading volume of $1.1 billion earlier in March. Despit...