ChainCatcher News, “Rich Dad Poor Dad” author Robert Kiyosaki posted on X platform stating that although the crypto market is still in a downturn, he continues to increase his holdings and bought one Bitcoin at a price of $67,000. His reasons are twofold: 1) When the US debt crisis impacts the dollar system, “massive money printing” will commence, and the Federal Reserve will once again print “trillions of dollars” of fiat currency; 2) The total supply cap of 21 million Bitcoins is approaching full mining, and when the “21 millionth Bitcoin” is mined, Bitcoin will have an advantage over gold.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
"Bitcoin is dead" search volume hits a record high: Is this a sign of surrender or the true bottom?
Recently, the Bitcoin market has experienced intense volatility, with searches for "Bitcoin is dead" surging to a record high. Bitcoin's price dropped from $126,000 to around $63,000, reducing its market capitalization by over $2 trillion, triggering panic among retail investors. Analysts believe this sentiment may signal the bottom of the market rebound. Despite selling pressure, the market still shows capital resilience, with short-term selling appearing weak. The future of the crypto market is expected to evolve rather than perish.
区块客4m ago
Data: If BTC drops below $64,765, the total long liquidation strength on major CEXs will reach $1.755 billion.
ChainCatcher Message: According to Coinglass data, if BTC drops below $64,765, the total long liquidation strength on major CEXs will reach $1.755 billion. Conversely, if BTC breaks through $71,013, the total short liquidation strength on major CEXs will reach $1.318 billion.
GateNewsBot23m ago
Spot Bitcoin ETFs See Five Weeks of Net Withdrawals Totaling $3.8B
US spot Bitcoin ETFs have extended a five-week stretch of net outflows, with investors pulling roughly $3.8 billion from the products across the period. The latest weekly snapshot shows continued pressure even as inflows emerged on select days, underscoring a broader de-risking phase among
CryptoBreaking51m ago
If Bitcoin breaks through $69,000, the total liquidation strength of mainstream CEXs' short positions will reach 864 million.
According to Coinglass data, if Bitcoin breaks through $69,000, the liquidation strength of mainstream CEXs will reach 864 million; if it drops below $67,000, the long liquidation strength will reach 419 million. The liquidation chart reflects liquidation strength, not the specific number or value of contracts.
GateNewsBot59m ago
BBVA Opens Bitcoin Trading Across Europe for 77 Million Customers
Europe’s banking sector just witnessed a turning point. One of the continent’s largest financial institutions has decided to bring Bitcoin directly to its customers. This move signals more than just product innovation. It marks a structural shift in how traditional finance approaches digital
Coinfomania1h ago
Bitdeer discloses Bitcoin holdings remain at 943.1 BTC, with no net increase this week
Odaily Planet Daily reports that Nasdaq-listed Bitcoin mining company Bitdeer released the latest Bitcoin holdings data on the X platform. This week, its Bitcoin mining output was 189.8 BTC, but it sold 189.8 BTC during the same period, resulting in a net increase of 0 BTC in Bitcoin holdings. As of February 20, its Bitcoin holdings remained approximately 943.1 BTC.
GateNewsBot1h ago
