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World-renowned author Robert Kiyosaki shares his view on Bitcoin. Pseudonymous crypto analyst sees BTC at $100,000 in 2025. Bitcoin slid back under $27,000 after Fed’s rate decision today. Bitcoin – the world’s largest cryptocurrency is a “bargain” today , says Robert Kiyosaki – the renowned author of Rich Dad Poor Dad. Robert Kiyosaki shares his view on Bitcoin The so-called digital gold has not been a lucrative investment over the past two months. But the Founder of Rich Global LLC recommends seeing the recent weakness as an opportunity to build a position in the “future” at a discount. His recent tweet reads: Gold, silver, bitcoin are bargains today … but not tomorrow . America is broke. Buy GSBC today before stocks, bond, real estate. Robert Kiyosaki even called fiat currencies “fake money” this past weekend. Also on Wednesday, Santiment – a crypto analytics platform reported a...

Source: Unsplash The crypto market could be facing its “first real recession,” and milestones similar to the invention of Bitcoin (BTC) cannot be ruled out, a well-known Bloomberg strategist has predicted. Writing on Twitter this weekend, Bloomberg’s Senior Market Strategist Mike McGlone reminded his followers that the last major economic contraction in the US, the Global Financial Crisis of 2007-2008, led directly to the creation of Bitcoin. If we now have another “real recession,” a comparable outcome or technological breakthrough could be seen, he said. Bitcoin’s white paper was released in October of 2008, less than one year into the crisis and just a month after the collapse of major US investment bank Lehman Brothers. How much will crypto prices fall? According to McGlone, who has become popular for his generally bullish stance on Bitcoin, the key question as we enter a recession is how much prices will fall before the longer...

Source: AdobeStock / Igor Zakowski Major cryptoasset exchange Binance was reportedly used by a Mexican-based internationally-operating drug cartel to launder millions of US dollars - and the exchange helped the authorities identify the suspects. Forbes cited an ongoing investigation by the US Drug Enforcement Administration (DEA), saying that a gang dealing in methamphetamine and cocaine, which operated across countries and continents - specifically, the US, Mexico, Europe, and Australia - used Binance to launder their drug proceeds. The report said that, "Between $15 and $40 million in illicit proceeds may have been funneled through Binance, the DEA alleged." The group in question remains unnamed, but the report cited a search warrant per which it is identified as a Mexican gang. They have allegedly been using Binance since 2020. At the time, several DEA informants using the crypto trade forum localbitcoins.com conversed with a user who offered to excha...