Kiyosaki Predicts Historic Crash, Gensler’s Crypto Crackdown, and More — Week in Review

CN
5 小時前

Robert Kiyosaki has predicted an unprecedented economic collapse, advising investors to reconsider their asset allocations. Meanwhile, SEC Chair Gary Gensler has reportedly intensified efforts for a robust crypto crackdown, raising concerns about regulatory overreach. The crypto markets faced a downturn as Bitcoin plunged to $94K, leading to $1.5 billion in liquidations and a 6.31% market contraction. On a brighter note, XRP’s recent price climb to $2.42 has sparked optimism about another potential rally, while privacy coins like monero (XMR) surged 7.8% in a single day.

Robert Kiyosaki Predicts Historic Crash

Kiyosaki Predicts Historic Crash, Gensler's Crypto Crackdown, and More — Week in Review

Rich Dad Poor Dad author Robert Kiyosaki warns of an imminent economic collapse, urging swift action as baby boomers… read more.

Editor’s comment: Of the three major assets Kiyosaki suggests selling, I only agree that bonds might be worthwhile to derisk long term.

Gary Gensler Quietly Sets Aggressive Crypto Crackdown in Motion

Kiyosaki Predicts Historic Crash, Gensler's Crypto Crackdown, and More — Week in Review

SEC Chair Gary Gensler is orchestrating a last-minute push to cement aggressive crypto enforcement, with secret… read more.

Editor’s comment: It appears Gary Gensler and others in the Biden administration are ignoring the wishes of the American people who clearly voted for change.

Crypto Bloodbath: $1.5 Billion Liquidated as Bitcoin Crashes to $94K

Kiyosaki Predicts Historic Crash, Gensler's Crypto Crackdown, and More — Week in Review

Monday proved to be a tough day for cryptocurrency markets, with the crypto economy shrinking by 6.31% in just… read more.

Editor’s comment: For people who have been in crypto for a cycle or two, the drawdowns so far in the past four to six weeks have been pretty lackluster.

XRP Uptrend Intact—Is XRP Setting Up for Another Moonshot?

Kiyosaki Predicts Historic Crash, Gensler's Crypto Crackdown, and More — Week in Review

XRP has displayed a strong recovery over recent days, with prices climbing to $2.37 to $2.42 over the past… read more.

Editor’s comment: If retail is well and truly back, I bet XRP will pump..

Privacy Coins Take Center Stage: $7.38B Market on the Rise

Kiyosaki Predicts Historic Crash, Gensler's Crypto Crackdown, and More — Week in Review

Privacy coins are enjoying a boost this Wednesday, with the sector gaining 7.8% in just 24 hours. Monero (XMR) led the charge… read more.

Editor’s comment: As a strong supporter of privacy coins, I’m happy to see them get a little love.

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