Bitcoin Market Cap Breaks All Time High; Moves Past Silver and Google

The post Robert Kiyosaki: I Don’t Trust “Fake” Dollars – I Trust Bitcoin! appeared first on Coinpedia Fintech News

The legendary Rich Dad Poor Dad author, Robert Kiyosaki

Robert Kiyosaki

Robert Toru Kiyosaki is an American businessman and author, known for the Rich Dad Poor Dad series of personal finance books

Content Creator / Influencer

is preparing for the storm. 

He’s sounding the alarm yet again – warning that the “biggest crash in history” is already unfolding. But he’s not running for cover – he’s stacking Bitcoin, gold, and silver.

In a fiery new tweet, Kiyosaki calls out the Federal Reserve and Treasury, accusing them of inflating the economy with “fake dollars.” His solution? Hard assets – and he’s placing Bitcoin front and center as his go-to financial shield.

Market Meltdown Incoming: Kiyosaki Rings the Alarm

Kiyosaki has long warned about what he believes to be an inevitable economic collapse. Citing predictions from his book Rich Dad’s Prophecy, he emphasizes that we’re now living through the exact scenario he foresaw – an epic crash in stocks, bonds, and real estate.

In his recent Tweet, Kiyosaki states, “Odds are the Fed and Treasury will print trillions in fake dollars…. increasing M2 money supply,” and he expects it to cause huge inflation soon.

Bitcoin, Gold, and Silver: His “Real Asset” Safety Net

1. The Crash Is Now: Stocks, bonds, and real estate are crashing, just as he predicted years ago.

2. Massive Inflation Ahead: He expects the Fed and Treasury to flood the economy with “trillions in fake dollars.”

3. Bitcoin = Wealth Protection: Kiyosaki trusts Bitcoin to defend against fiat chaos and inflation.

4. Silver to Hit $70 by 2026: A bold forecast suggests silver could double in value over the next year. He frequently emphasizes silver’s accessibility, noting that even those with lower incomes can start stacking silver coins as a hedge against economic turmoil. 

5. “Savers Are Losers”: He repeats his famous mantra: don’t save dollars, invest in real assets.

• Also Read :
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•   ,

Don’t Panic, Be Prepared!

Kiyosaki warns that unemployment is spreading fast, and traditional assets might not offer the protection investors expect. His advice? Don’t wait for disaster to strike – start preparing now.

He urges people to begin building positions in Bitcoin, gold, and silver before the economic wave hits full force.

In a Nutshell

Robert Kiyosaki’s firm belief in Bitcoin highlights his vision of the cryptocurrency as a crucial tool for financial security. We saw how Michael Saylor believes in Bitcoin exploding as he adds Bitcoin regularly to the Strategy’s Bitcoin reserve.

With his Tweet, he simply pushes for investments in Bitcoin and commodities like Gold and Silver. However, high volatility in crypto markets and long-term inflation are unpredictable.

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The post Robert Kiyosaki: I Don’t Trust “Fake” Dollars – I Trust Bitcoin! appeared first on Coinpedia Fintech News
The legendary Rich Dad Poor Dad author, is preparing for the storm.  He’s sounding the alarm yet again – warning that the “biggest crash in history” is already unfolding. But he’s not running for cover – he’s stacking Bitcoin, gold, and silver. In a fiery new tweet, Kiyosaki calls out the Federal Reserve and Treasury, …

Solana whales are showing no signs of slowing down after two entities waded in to scoop significant amounts of SOL tokens. SOL Strategies and DeFi Dev Corp have increased the size of their holdings by a combined 200,000 SOL.

SOL Strategies Load Up Their Holdings With 122,524 SOL

Canadian investment firm SOL Strategies has announced the purchase of 122,524 SOL to continue its accumulation spree of the Solana native token. According to a press release, Sol Strategies acquired its latest tranche at an average price of $148.96 per token, splurging $18.2 million on the purchase.

The latest purchase follows the unveiling of a $500 million convertible note to buy SOL at the end of April. Per the company statement, the purchase is the first tranche flowing from the $500 million raise, with the company hinting at a future accumulation.

“With the closing of our initial $20 million tranche for the ATW facility, we’re executing exactly as promised – strategically acquiring SOL to expnd our validator operations and ecosystem position,” said SOL Strategies CEO Leah Wald.

The company CEO disclosed that the purchases will bring it one step closer to the goal of investing in Solana-based technology. Consequently, SOL Strategies’ total holdings stand at 391,782 SOL, valued at $55.6 million at current prices.

DeFi Dev Corp Acquires 82,404 SOL In Accumulation Spree

Publicly traded firm DeFi Dev Corp is matching the appetite of SOL Strategies to acquire 82,404 SOL. The company announced the purchase via a press release, splurging $11.2 million on the purchase.

The purchase brings DeFi Dev Corp’s total holdings to 400,091 SOL with a valuation of around $58.5 million. However, DeFi Dev Corp says the newly acquired tokens will be staked on its validators, earning native yield for investors.

As a result of the company’s latest purchase, speculation of a growing SOL arms race with SOL Strategies is brewing in cryptocurrency circles.

Solana Price Outlook Amid The Wave Of Institutional Interest

Data from CoinMarketCap reveals a bland reaction to the sizable purchases by SOL Strategies and DeFi Dev Corp. Over the last day, Solana price has shed nearly 2% to trade at $143, but monthly gains currently exceed 24%.

SOL price is holding up well above the $140 mark, riding the wave of Solana-based PumpFun flipping Ethereum in fees. However, Solana price has shown flashes of a potential rally, given a spike in daily trading volume by 18% to settle at $2.41 billion.

A Coingape article predicts Solana’s price to reach $750, but a low-hanging fruit is a short-term rally to clinch $300.

The post Solana Accumulation Heats Up: SOL Strategies, DeFi Dev Corp Scoop Over 200,000 SOL appeared first on CoinGape.

Shiba Inu meme coin has recently rattled the crypto market by following one of the latest trends in the sector. The crypto’s team shared an X post this Friday that read, “Shib is for everyone.” This post follows the recent “Base is for everyone” token buzz.

Notably, Coinbase Layer 2 network Base earlier posted a very similar comment on X. As an upshot, the crypto realm saw the unintended launch of a new coin, with its price skyrocketing momentarily before falling from grace.

Shiba Inu Team Shares “Shib Is For Everyone” Post After Base, Here’s The Scoop

Shiba Inu team’s account @Shibtoken shared an X post on April 18 that read, “Shib is for everyone.” Further, the team shared another post soon after that read “Coined it.” The latter post was linked to Zora, a platform that allows users to mint content as tokens.

As mentioned above, these posts mainly follow the Coinbase L2 network’s recent chronicle. It’s noteworthy that the Layer 2 network shared an X post that read “Base is for everyone, followed by another post that read, “Just coin it,” linking it to the platform Zora.

The upshot? A domino effect kicked in, and these posts by the Layer 2 network ignited the launch of a new token that wasn’t even officially verified. Notably, this new token soon hit a market cap of over $20 million before erasing over 40% in value and retracing to $11 million. In turn, crypto market traders and investors are left abuzz amid this token’s launch, whilst the Shiba Inu team is now following similar footsteps.

It’s notable that some crypto traders even turned a mere $4.5K investment into a whopping $666K with the new “Base is for everyone” token. This saga put a major spotlight on the crypto project, with some even tossing insider trading and rug-pull allegations.

Did SHIB Price React Similarly To “Base Is For Everyone” Token?

Meanwhile, the hourly SHIB price chart shows that the meme coin witnessed a 1% uptick after the post by @Shibtoken, reaching $0.0000118. Its price recovered after hitting a low of $0.00001164 intraday. Notably, market experts like IAmCryptoWolfy are wondering about the sudden jump in Shiba Inu price, highlighting the surge on X.

However, this upward trajectory is relatively diminished compared to what the new Base token witnessed before falling. Besides, CoinGape recently reported that SHIB’s daily volume has also hit remarkable levels. As a result, traders and investors remain optimistic about what lies next for the meme coin’s price as it taps into one of the latest market trends amid bullish dynamics.

The post Shiba Inu Follows Crypto Market Trend With “Shib Is For Everyone” Post, What’s Happening? appeared first on CoinGape.