Robert Kiyosaki, author of Rich Dad Poor Dad, predicts an imminent economic collapse and urges investors to secure assets like bitcoin. XRP has faced bearish trends, trading between $2.19 and $2.25, but still shows strong altcoin potential amid the market downturn. Ripple CEO Brad Garlinghouse’s dinner with President-elect Trump has sparked optimism about Ripple’s regulatory challenges. QCP Capital has pioneered a derivatives trade using Blackrock’s BUIDL tokenized fund as collateral. Lastly, a Matrixport report suggests Bitcoin may enter a consolidation phase due to the Fed’s hawkish stance.
Robert Kiyosaki Calls It: Historic Crash is Here
Economic collapse is here, warns Rich Dad Poor Dad author Robert Kiyosaki, urging investors to seize assets like… read more.
Editor’s comment: While it is a safe bet to buy Bitcoin as a hedge, it is perhaps most important to be able to stomach the volatility so you do not get shaken out. Don’t buy if you can’t handle the deep drawdowns.
XRP Market Update: Short Sellers Capitalize on Bearish Trends
XRP is trading at $2.19 to $2.25 over the last hour, with a 24-hour trading volume of $7.85 billion, a market cap of… read more.
Editor’s comment: I’ll repeat what I said last week: XRP continues to look like one of the strongest altcoin charts. Doubly true during the market decline this week.
Ripple Execs Meet Trump
A dinner between Ripple’s leadership and President-elect Trump has sparked speculation that Ripple’s legal battle… read more.
Editor’s comment: The fact that Ripple CEO Brad Garlinghouse attended a private dinner with Trump certainly bodes well for any regulatory issues Ripple might still have.
QCP Capital Pioneers First BUIDL-Collateralized Trade
QCP Capital has executed the first derivatives trade using Blackrock’s BUIDL tokenized fund as collateral, marking… read more.
Editor’s comment: It’s great to see tradfi institutions begin to operate in defi. How long until they’re depositing into Aave or other lending protocols for yield?.
Matrixport Report Suggests Bitcoin May Enter a Consolidation Phase
The Fed’s increasingly hawkish stance could limit bitcoin’s rally, leading to another period of price… read more.
Editor’s comment: If Bitcoin enters a consolidation phase, then altcoins will run hard.
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