Rich Dad Poor Dad author Robert Kiyosaki has issued a cautionary statement regarding the possible downfall of the U.S. dollar in the event of the BRICS economic bloc launching a gold-backed cryptocurrency. Kiyosaki predicts a scenario where trillions of U.S. dollars flood back into the country, leading to hyperinflation and the eventual collapse of the U.S. dollar.

Turkey is preparing to present a new law to regulate crypto assets to Parliament

Barry Sternlicht, CEO of Starwood Capital Group, has voiced concerns about the v

The Nigerian currency, which has been depreciating against the U.S. dollar in the past few weeks, has completely erased its gains from early April, making it the worst-performing currency in the world. The decline of the naira is attributed to Nigeria’s ongoing foreign exchange shortages. One economist expects the pressure on the currency to peak in the second half of the year.

Bitcoin faces a pivotal period that echoes the past block size wars, according to Bitcoin Core contributor Matt Corallo. In a recent blog post, Corallo examines the ongoing struggles within the Bitcoin community that could determine the future of the pioneering cryptocurrency.

In a recent motion to dismiss a case brought by the Securities and Exchange Commission (SEC), cryptocurrency exchange Kraken argued that the SEC’s legal theory misinterprets crucial aspects of the case. The court document, dated May 9, 2024, claims the SEC fails to identify legitimate investment contracts involved in the transactions on Kraken’s platform.

David Bailey, CEO of Bitcoin Magazine, has disclosed his nexus with the campaign of former President Donald Trump. Bailey and his team have advised Trump to develop a Bitcoin and crypto-friendly agenda, including signing a crypto-focused executive order on day one. He declared that crypto enthusiasts will not vote for Trump but against Biden’s crypto policies in the upcoming elections.

The U.S. District Court for the District of Columbia has ordered the forfeiture

Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction.

On May 12, as bitcoin hovered slightly above the $61,000 mark, two dormant bitcoin wallets, inactive for over ten years and eight months, executed transactions totaling 1,000 bitcoins valued at approximately $61.1 million. It appears that both wallets, created on the same day, were owned by the same individual.

Goldman Sachs analyst Scott Feiler warns of a bleak outlook for consumers as sta

Recent figures show that despite bitcoin&#x2019;s downturn in price, premiums in South Korea have diminished yet remain around $1,800 to $2,000 higher than <a class=\\\"lar-automated-link\\\" href=\\\"https://branch.wallet.bitcoin.com/news-contextual-btc\\\" 311996 target=\\\"_blank\\\">BTC</a>&#x2019;s weighted global average price. Further metrics reveal that the South Korean won still ranks as the second most traded fiat currency against bitcoin, accounting for 2.07% of all spot bitcoin trades, only behind the U.S. dollar.

Ripple&#8217;s CEO, Brad Garlinghouse, has voiced concerns that the U.S. governm

Robert Kiyosaki warns of an impending severe market crash and advises investing in assets like bitcoin, gold, and silver. Edward Snowden has issued a stern warning to Bitcoin developers, urging them to enhance privacy features at the protocol level. In Kenya, President William Ruto has enlisted Marathon Digital, a U.S.-based Bitcoin mining firm, to consult on the country&#8217;s cryptocurrency strategy. Warren Buffett of Berkshire Hathaway remains confident in the U.S. dollar&#8217;s status as the global reserve currency. Lastly, Franklin Templeton predicts that Solana could rise to become the third largest cryptocurrency.

Match Systems, a cybersecurity company specializing in Anti-Money Laundering (AM