Shiba Inu ( SHIB -0.52% ) investors have been hit with big losses over the last six months.
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that hyperinflation and depression are here. He also warned that the biggest bubble burst is coming, advising investors to buy gold, silver, and bitcoin.
Glassnode data shows that 75% of Bitcoin wallets are in profit, compared to only 50% during the 2018 bear market.
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s.
Fees could soar as high as 70% in the Meta-owned virtual reality game.
The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their country as a result of Russia’s invasion.
Another week has passed in the action-packed world of crypto, so it’s time to kick back, take stock of the situation, and enjoy this week’s bite-sized digest of the hottest crypto news from the past seven days. On the menu this go-round is Tesla CEO Elon Musk talking about Twitter’s ‘single most annoying problem,’ a deep dive into the world of Bored Ape Yacht Club NFT gains, a pile of bitcoins connected to Mt Gox still shrouded in mystery, and tax developments in Indonesia.
The Billionaire Peter Thiel Rocks the Financial World With His Prediction That the Price of Bitcoin (BTC) Will Increase “100x” to Over $4 Million!
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to prevent such transactions.
The Billionaire and CEO of Apple Incorporation - Tim Cook has revealed last week at the New York Times' DealBook online conference that he personally owns and invests in Crypto Currencies. On the contrary, he elucidated that his company won't be investing in it, at least any time soon. He further considers investment in Crypto as a lucrative adventures but disclaims that his admission is by no means a general assurance to all who invest in Crypto as the market is marked by instability with potential risks. Hence the need for caution in investments.
No data