The author of ‘Rich Dad Poor Dad’ Robert Kiyosaki, has broken his silence on the real reason he invests in Bitcoin (BTC) as an asset. In a post on X titled ‘ARE YOU BREAKING the LAWS?,’ he spoke directly to those violating the core principles about money, highlighting why they are poor. While not uncommon, this latest post justifies his adoption of Bitcoin as a store of value. Robert Kiyosaki Validates Bitcoin as Investment to Save According to the financial expert, the poor violate two important laws of money: Gresham’s Law and Metcalf’s Law. Gresham’s law states that when bad money enters a system, good money goes into hiding. He slammed those who save fake money while shunning real money. He named his three favorites, which include Gold, Silver, and Bitcoin. ARE YOU BREAKING the LAWS? Most poor people are poor…. because they break the 2 most important laws of… Read More at Coingape.com
Senator Elizabeth Warren is concerned that political interference is driving the SEC’s latest crypto decisions. Paul Atkins, the newly appointed Chairman of the SEC, has promised to prioritize clear and transparent regulatory frameworks for the crypto industry.
His pledge marks a significant shift in direction for the agency following years of controversy.
Paul Atkins Charts New Course for Crypto Regulation at SEC
During an April 25 roundtable organized by the SEC’s crypto task force, Atkins stressed the urgent need for transparent rules to support innovation and responsible growth.
“This is important work as entrepreneurs across the United States are harnessing blockchain technology to modernize aspects of our financial system. I expect hug benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation. Market participants engaging with this technology deserve clear regulatory rules of the road,” Atkins stated.
Meanwhile, Atkins openly criticized the SEC’s previous leadership under former Chairman Gary Gensler. He stated that a lack of clear policy stifled industry development and pushed key players to the edge.
Now, Atkins has vowed to correct past missteps. He committed to working closely with Congress and President Donald Trump to create a regulatory structure that fits the unique characteristics of digital assets.
Early signs of this shift are already visible, with the SEC beginning to dismiss several enforcement actions initiated during the previous administration. The Commission has also established a dedicated crypto task force to collaborate with industry stakeholders on shaping future policy.
US Lawmaker Raises Alarms Over Potential Political Interference
While Atkins seeks to reset the SEC’s approach to crypto oversight, concerns are mounting over the agency’s independence.
The senator expressed particular concern that Trump could personally benefit from products requiring SEC approval, describing the situation as an unprecedented ethical risk.
“The President has attempted to assert his dominance over decision-making at independent agencies like the SEC through executive orders and firings, putting further pressure on the Commission to fall in line,” the lawmaker stated.
She emphasized that pending legislation may soon give the Federal Reserve and the Office of the Comptroller of the Currency more oversight powers. Trump reportedly seeks greater control over these two agencies.
Given these risks, Warren requested detailed records from the SEC, including internal assessments and communications with the White House.
She stressed that these measures are necessary to safeguard decision-making and maintain the credibility of financial markets.
The crypto market is witnessing a powerful breakout as Bitcoin crosses the $97,000 mark, fueling a broad-based rally across digital assets. In the past 24 hours, the global crypto market cap surged by 1.64% to $2.98 trillion, driven primarily by bullish momentum in Bitcoin and Ethereum.
Bitcoin exploded by over $3,500 within hours to hit $97,469, triggering $55 million in short liquidations. The surge was backed by $24.27 billion in trading volume, with Bitcoin now commanding 64% of the total market dominance. Its Relative Strength Index (RSI) remains at a healthy 66, indicating strong buyer interest without entering overbought territory.
Why Crypto is Surging?
One major catalyst is the renewed optimism over global trade. The U.S. government announced it is restarting trade negotiations with 18 countries—excluding China. Treasury Secretary Scott Bessent confirmed the move, which markets interpreted as a step toward easing economic tensions. The update sparked a short-lived risk rally, contributing to Bitcoin’s squeeze higher.
This tariff news indicates a potential shift in U.S. trade policy under Donald Trump’s influence, as he continues pushing for lower interest rates and friendlier economic terms.
Government Adoption Boosts Sentiment
Institutional interest hit a new high as New Hampshire became the first U.S. state to approve crypto investments for its treasury. Governor Kelly Ayotte signed a bill allowing the state to allocate funds to top-tier digital assets like Bitcoin, marking a new era of state-level crypto adoption.
Adding to the bullish tone, Binance founder CZ predicted Bitcoin could hit $500K to $1M this cycle. He cited growing ETF flows, government accumulation, and sovereign adoption by countries like El Salvador and Bhutan as reasons for the upside potential.
While Bitcoin leads the charge, altcoins are tagging along:
Ethereum rose 1.02% to $1,824
Solana added 0.90% to $145.67
BNB gained 0.58% to reach $602.30
XRP stood out with a 1.44% daily jump and 4.46% weekly rise
Smaller-cap tokens like LAYER and ALPACA saw explosive 30% gains, while meme coins such as GORK and Fartcoin posted eye-catching spikes on decentralized platforms.
Market Outlook: Will the Rally Hold?
Total crypto trading volume surged 27.35% to $81.48 billion, indicating renewed market participation despite macro uncertainty. All eyes are now on the upcoming Federal Reserve rate decision, with a 97% probability of no change according to the CME FedWatch Tool.While altseason remains muted—measured by an index score of just 24/100—Bitcoin’s rally toward the $100K psychological mark could be the ignition point.
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The crypto market is witnessing a powerful breakout as Bitcoin crosses the $97,000 mark, fueling a broad-based rally across digital assets. In the past 24 hours, the global crypto market cap surged by 1.64% to $2.98 trillion, driven primarily by bullish momentum in Bitcoin and Ethereum. Bitcoin exploded by over $3,500 within hours to hit …
XRP price rebounds above $2 as BTC and ETH see $50M in liquidations, but derivatives trading metrics suggest weekend volume weakness may pressure altcoins lower.
Ripple (XRP) price holds $2 support as altcoins mirror Bitcoin’s resilience to Trade War Triggers
Ripple (XRP) price initially plunged to 30-day lows around $1.80 with hours after Trump announced sweeping tariffs during the liberation speech on Friday.
However, the momentum swung positive in recent days as BTC holds firm above $82,000 after China retaliatory 34% tariffs on Thursday, reinforcing investor confidence in the crypto markets as a crisis resistant asset class.
Ripple (XRP) price action, April 5 | Source: TradingView
Ripple price rebounded 12.5% since Thursday, rising as as $2.15 at press time according to CoinMarketCap data.
As seen above, Ripple price continues to consolidate well-above the $2 mark, mirroring the likes of ETH, BTC and SOL, which have also defended key psychological support levels around $1,800, $80,000 and $110 respectively over the past week.
Derivative Market Analysis: Crypto Buying Pressure Could Slow Down this Weekend
With top-ranked crypto assets including XRP all consolidating around key psychological price points this weekend, it signal market-wide buying support, amid capital inflows from investors exiting stocks amid US trade war tensions.
However, considering that US markets are now closed, the volume of transitional capital flows could slow down significant until pre-market trading begin.
Validating this stance, Coinglass derivatives market data shows evidence of short-term bearish trading signals.
Crypto Derivatives Markets Analysis, BTC, ETH see combined losses of $50M, April 5. | Source: Coinglass
Derivatives data from Coinglass reinforces this stance. Over the past 24 hours, crypto markets saw a total of $110.65 million in liquidations, with long positions accounting for $85.10 million—over 76% of the total.
Bitcoin and Ethereum alone alone recorded nearly $50 million combined, with BTC traders booking $36.32 million in liquidations, followed by Ethereum at $13.61 million.
The bearish imbalance, especially the outsized long wipeouts in the last 12 hours ($67.11M longs vs $13.48M shorts), points to a rising number of over-leveraged bullish positions being flushed out.
This suggests short-term exhaustion in buying momentum, increasing the likelihood of a minor pullback or sideways action through the weekend.
With high leverage being unwound and external demand on pause, weekend trading may turn defensive with XRP markets and other prominent altcoins.
Strategic altcoin traders woould watch for support retests, especially if funding rates begin to flip or volume declines further ahead of Monday’s open.
As the week closes on April 5, XRP price forecast charts on TradingView reflect signs of short-term exhaustion following its rebound to $2.15.
Despite five consecutive green candles, XRP price remains below the 50-day EMA at $2.21 and the 100-day EMA at $2.28. This reflects supply-side pressure still outweighing momentum, even as bulls attempt a recovery from March’s lows.
XRP Price Forecast
Notably, the 200-day EMA near $1.95 is acting as a key anchor. A breach below this could trigger stop runs and reopen downside risk toward $1.80.
True Strength Index (TSI) remains in bearish territory at -0.80, yet is flattening, hinting that the selling momentum is decelerating. Volume has weakened across recent sessions, confirming the rally lacks conviction. A clear break above $2.22 would be required to invalidate near-term bearish bias.
Until that happens, XRP remains vulnerable to weekend drawdowns. Bulls must defend $1.95 or risk deeper losses into next week’s open. A close below $2.00 would reassert sellers’ control short-term.
