Tag: Blockchain

Why Robert Kiyosaki Calls Bitcoin a Better Hedge Than Precious Metals

Robert Kiyosaki Highlights Bitcoin’s Scarcity as Its Greatest Strength

As gold approaches record highs near the $5,000 mark, finance author and investor Robert Kiyosaki has reaffirmed his belief that Bitcoin is a better investment than traditional precious metals. Taking to X (formerly Twitter), the Rich Dad Poor Dad author pointed to Bitcoin’s capped supply as the defining reason he favors it over gold or silver.

“One reason why I trust Bitcoin is there are only to ever be 21 million,” Kiyosaki wrote. He contrasted Bitcoin’s strict scarcity with the flexible supply of physical resources like gold, silver, and oil. “If the price of gold, silver, or oil goes up, I will simply mine or drill for more… I cannot do that with Bitcoin.”

Unlike commodities, Bitcoin’s supply cannot expand in response to market demand. It is mathematically fixed and enforced by the blockchain, making it immune to inflationary pressures that affect fiat currencies and mined resources.

Robert Kiyosaki, who owns physical mines and oil wells, stressed that supply increases are possible for virtually all other assets—except Bitcoin. For him, that makes BTC uniquely valuable in uncertain financial environments, where inflation and policy instability are growing concerns.

This isn’t the first time Kiyosaki has voiced support for Bitcoin. He has long encouraged diversification away from fiat currencies and previously predicted Bitcoin could hit $250,000 by 2025. With Bitcoin currently trading near $97,000, that target appears increasingly plausible.

Bitcoin price the time Robert Kiyosaki made the statement

His recent statements came as both gold and Bitcoin are trending upward. Historically, when both assets rise in tandem, Bitcoin often leads the charge due to its higher volatility and market-driven appeal.

Robert Kiyosaki’s latest remarks contribute to the growing perception of Bitcoin as a mainstream hedge asset, not just a speculative play. With traditional investors and institutions joining the fold, the argument that Bitcoin is “digital gold” continues to gain traction.

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Lee Jae-myung Vows to Embrace Crypto ETFs as Part of Youth-Focused Reform

Lee Jae-myung’s Crypto ETF Agenda Targets Youth Wealth Growth

South Korea’s Democratic Party leader and presidential frontrunner, Lee Jae-myung, has committed to approving spot Bitcoin ETFs if elected, signaling a sharp shift toward crypto-friendly regulation in the country. His announcement on May 6 comes as part of a broader plan to boost financial opportunities for younger Koreans.

X post regarding Embracing BTC's ETF

Speaking at a campaign event, Lee outlined proposals to foster a “safe investment environment” tailored to younger generations. The initiative aims to use digital assets as a tool for wealth-building while also lowering fees and implementing stronger investor protections.

Lee’s support for Bitcoin ETFs aligns with global trends, particularly in the U.S., where BlackRock’s iShares Bitcoin Trust (IBIT) has logged 16 consecutive days of net inflows. As of the latest data, IBIT added 280 BTC in a single day and has attracted nearly $5 billion in new capital since its January launch.

Lee’s platform would include legislative support for compound cryptocurrency ETFs and an improved regulatory framework. His proposals include the expansion of consumer safeguards and reduced transactional friction to help integrate digital assets into South Korea’s broader financial infrastructure.

Polls from the National Barometer Survey show Lee leading the race with 42% support. Notably, there is growing bipartisan agreement in the National Assembly on the need for clearer digital asset regulations, including support from both the People Power Party and the Democratic Party.

Should Lee win the June 3 election, South Korea could quickly become one of the most crypto-progressive nations in Asia. His policies mark a notable departure from previous regulatory hesitation and reflect increasing public and political interest in blockchain finance.

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Breaking ! What Happened to Ethereum on May 6, 2025?

Ethereum Price Holds Steady Under $3,000 Amid Mixed Market Signals

Ethereum (ETH) traded in a narrow range around $2,945 on May 6, 2025, struggling to push past the psychological $3,000 level. After a week of sideways movement, the market remains on edge as traders await decisive signals about the asset’s next move.

Ethereum price as of May 6 2025

ETH is currently down 1.2% over the past 24 hours, continuing a pattern of low volatility that has defined the month so far. Weekly performance stands nearly flat, with Ethereum posting a modest 0.4% gain over the last seven days.

Trading volume has also tapered off, with 24-hour activity dipping below $12 billion—a significant drop from late April, when ETH frequently saw daily volumes surpassing $20 billion. This decline in volume often suggests uncertainty, as traders hesitate to take strong directional positions.

On-chain metrics also reflect the lull. Data from Glassnode shows that active addresses and daily transaction counts are slightly down from last week, while ETH’s exchange balances remain stable. This indicates that while there’s no panic selling, fresh demand is also limited.

Analysts remain divided on Ethereum’s short-term direction. Some expect a breakout toward $3,300 if ETH closes above key resistance around $3,050. Others warn that failure to gain momentum could send the price back to support near $2,800, particularly if Bitcoin shows weakness.

Long-term sentiment remains more optimistic, driven by expectations surrounding Ethereum’s next major upgrade, which could improve transaction efficiency and scalability. However, until a clear catalyst appears, Ethereum seems locked in consolidation mode.

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Breaking ! Silk Road Bitcoin Wallets Wake After 11 Years, Move $322M in BTC

Two long-dormant Bitcoin wallets linked to the infamous Silk Road marketplace reactivated on Monday, transferring a total of 3,421 BTC—worth around $322.5 million—after more than a decade of inactivity. These transfers are among the largest movements from early Bitcoin-era wallets in recent memory and have sparked fresh discussion across the crypto community.

Bitcoin Silk Road Wallet Arises After 11 Years

Bitcoin price as of May 6 2025

Dormant Wallets Spring Back to Life

The first wallet, inactive since 2013, initiated a transfer of 2,343.481 BTC at block height 895,421, equivalent to approximately $220.8 million. The funds were moved from an old-style Pay-to-Public-Key-Hash (P2PKH) address to 31 separate outputs. Notably, 30 of these outputs were redirected to a newly created Pay-to-Witness-Public-Key-Hash (P2WPKH) address, a more secure and modern Bitcoin wallet format.

The second transaction occurred at block height 895,433, moving 1,078.99 BTC—worth over $101 million—from another wallet that had also remained untouched since July 11, 2013. Like the first, this transfer also shifted BTC from a P2PKH address to a P2WPKH wallet in 27 outputs. The coins have remained unmoved since the transaction.

Silk Road Connection Raises Eyebrows

Blockchain analytics platforms including btcparser.com and Whale Alert flagged the transactions, citing the unusual age and size of the wallets. Sani from timechainindex.com suggested that the funds may be tied to Silk Road—a darknet marketplace active in Bitcoin’s early years. According to Sani, the coins were likely withdrawn from Silk Road in 2012.

Community Reaction and Ongoing Speculation

The crypto community is now watching closely to see if these freshly moved coins will be sold, further transferred, or simply remain in the new addresses. Due to the Silk Road connection and the historical significance of the funds, their movement has raised questions about long-term holders and the potential market impact if the BTC is sold.

Conclusion

While the BTC remains untouched for now, the awakening of these wallets serves as a stark reminder of Bitcoin’s shadowy origins and the transparency of blockchain technology. As markets react and observers speculate, the transfers have become a focal point for discussions on Bitcoin’s past—and its unpredictable future.

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Hope? Bitcoin Price Analysis: BTC Holds Above $94K Amid Institutional Momentum

Bitcoin Price, As of May 5, 2025 is trading at approximately $94,121, reflecting a slight decrease of 1.4% over the past 24 hours. Despite this minor dip, the cryptocurrency continues to exhibit resilience, bolstered by ongoing institutional interest and favorable market conditions.

Will Bitcoin Reach $100K Again Before June ?

Bitcoin's Price as of May 5, 2025

Institutional Investments Fuel Confidence

Recent significant purchases by major firms underscore the growing institutional confidence in Bitcoin. Strategy, formerly known as MicroStrategy, acquired an additional 1,895 BTC for $180.3 million, bringing its total holdings to 555,450 BTC. Similarly, Semler Scientific invested $16.2 million to purchase 167 BTC, marking its entry into Bitcoin as a treasury asset.

Technical Outlook and Market Sentiment

Technical analyses indicate that Bitcoin is maintaining its position above key support levels, suggesting potential for upward movement. Analyst AltcoinGordon highlights a target of $220,000, citing strong technical signals. Additionally, Crypto Rover notes that Bitcoin’s price action is consolidating near critical support, signaling an imminent move.

Future Projections

Looking ahead, various analysts project significant growth for Bitcoin Price. Standard Chartered anticipates a price of $200,000 by the end of 2025, while Fundstrat’s Tom Lee forecasts a rise to $250,000, driven by increased institutional adoption and favorable regulatory developments.

Conclusion

Bitcoin’s current stability above $94,000, coupled with substantial institutional investments and optimistic forecasts, suggests a positive outlook for the cryptocurrency. As market dynamics evolve, Bitcoin remains a focal point for investors seeking exposure to digital assets.

The Bitcoin price or The price of BTC seems to be stable for now but hopes are high as May is just getting started.

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Insane ! Strategy Buys More Bitcoin for $180M, Now Holds 555,450 BTC

Strategy, formerly known as MicroStrategy, has purchased 1,895 more Bitcoin worth $180.3 million, according to a filing submitted to the U.S. Securities and Exchange Commission on May 5, 2025. The acquisition took place between April 28 and May 4 at an average price of $95,167 per Bitcoin.

Strategy Goes Ballistic, Saylor’s Next Move?

X post Regarding Strategy/Saylor Buying BTC

Stock-Fueled Bitcoin Accumulation Continues

The company funded this purchase by raising capital through two stock sale programs—earning $128.5 million from common shares and $51.8 million from STRK preferred stock. These funds were raised under a prior offering plan, which has now been completed. Strategy has already launched a new stock sale initiative to continue raising capital throughout the year.

Following this latest acquisition, Strategy’s total Bitcoin holdings now stand at 555,450 BTC, acquired at a combined cost of $38.08 billion. This puts its average purchase price at $68,550 per Bitcoin. With BTC currently trading near $96,000, the company’s holdings are now worth over $52 billion.

Just last week, Strategy made a significantly larger purchase—buying 15,355 BTC for $1.42 billion. The company has consistently added Bitcoin to its balance sheet nearly every week since the beginning of 2025. These efforts have yielded a 14% return on its Bitcoin holdings so far this year. Strategy has set a target to achieve a 25% return, which would translate to a $15 billion profit.

Looking ahead, the company plans to raise up to $84 billion by 2027 through a combination of stock and bond offerings to further increase its Bitcoin reserves. A real-time dashboard on the company’s website tracks its BTC activity and current valuation.

Semler Scientific Joins the Bitcoin Movement

In a similar development, Semler Scientific, a health-tech firm, has announced the purchase of 167 Bitcoin for $16.2 million at an average price of around $97,000 per coin. The company said this investment is part of its long-term strategy to protect against inflation and preserve value by holding strong financial assets like Bitcoin.

More Companies Could Follow

Analysts at Bernstein suggest that Strategy’s aggressive Bitcoin Tactic, now mirrored by Semler Scientific, could inspire other corporations—especially those with cash reserves and slower growth—to add Bitcoin to their balance sheets. As institutional adoption picks up, the role of BTC as a treasury asset continues to gain momentum.

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Curve Finance’s X Account Hacked to Promote Fake CRV Airdrop

Curve Finance’s official X account was compromised earlier today in a security breach that promoted a fake CRV token airdrop. The post, since deleted, falsely announced Curve’s “first CRV airdrop” and included a link appearing to direct users to Curve’s website.

Curve Finance’s X Account Hacked and What it causes and signifies

X post regarding the hack of Curve Finance X account

Fake Airdrop Sparks Panic

The fraudulent tweet invited users to register before a midnight UTC snapshot on Sunday, promising “rewards” and urging action within a week. Though the link resembled Curve’s authentic domain, the Curve team quickly confirmed the message was fake.

Founder Issues Warning

Curve founder Michael Egorov confirmed the hack on his personal account, writing: “Confirmed: Curve X account hacked. No other account appears to be hacked — the control over the X account was just silently taken by someone.” He advised followers to avoid any links from the Curve X account until the team regains access.

Community Confirms Compromise

Crypto analyst CrediBULL crypto also posted a warning, sharing a screenshot of the fake tweet and urging followers not to engage with it. The deceptive post included professionally designed visuals that mimicked typical airdrop promotions, adding to its believability.

Unclear How Hack Occurred

It remains uncertain how the hacker accessed Curve’s X account. There is no confirmation yet whether the breach was due to phishing, leaked credentials, or social engineering. As of now, Curve’s core platforms and services remain unaffected.

Stay Vigilant

Until control is officially restored, users are advised to avoid engaging with the @CurveFinance X account and to rely solely on Curve’s verified website and Telegram for updates. The incident highlights ongoing security risks in the crypto space, especially as scammers use realistic-looking airdrops to lure victims.

Sad and very upsetting to say but Curve Finance is not the first one and is definitely isn’t the last one to get their account hacked. Such lack of proper and bullet proof security has made it difficult to share information in any social media platform even for us Normal humans let alone some organization like Curve Finance

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Breaking ! Trader’s $111K Loss in 5 Minutes Highlights the Dangers of FOMO in Crypto

A crypto trader has become the latest cautionary tale in digital asset trading after losing $111,000 in just five minutes due to a rash FOMO-driven decision. The event underscores the harsh consequences of emotional trading in low-liquidity tokens, especially within meme coin circles.

Low Liquidity, High Risk: The Trader $POPE Incident

Trader's FOMO Incident-X post

Blockchain analytics platform Lookonchain revealed that the trader spent 200,000 USDC to purchase POPE, a trending meme coin with low liquidity. Moments after the purchase, the token’s price plummeted, triggering a panic-sell. The trader liquidated their position for just $89,000, taking a staggering 55% loss in under five minutes.

The rapid collapse of POPE’s price reflects the inherent instability of small-cap altcoins, especially those driven by social media hype rather than fundamentals. These tokens are frequently targeted by whales and manipulators due to their ease of movement with relatively little capital.

The fear of missing out (FOMO) remains a leading psychological driver behind such trades. Investors, often influenced by online chatter and viral posts, dive into trending assets without due diligence. When prices inevitably reverse or manipulation kicks in, losses can be swift and devastating.

With the total crypto market cap now at $3.09 trillion, as reported by CoinGecko, opportunities for profit are abundant—but so are the risks. This incident serves as a reminder that speculative markets demand clear strategies and emotional discipline.

As meme coins like POPE continue to generate buzz, traders are urged to stay cautious, avoid impulsive entries, and always assess liquidity before making large trades.

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Best Cryptocurrencies to Watch in May 2025: Key Players and Emerging Trends

As the cryptocurrency market continues to evolve, May 2025 presents a landscape rich with potential. Investors and enthusiasts are closely monitoring several key cryptocurrencies that are showing promising developments. Here are the top cryptocurrencies to watch this month:

Cryptocurrencies to Look Out for in May 2025

Bitcoin (BTC): Approaching the $100,000 Milestone
Bitcoin has rebounded significantly, reaching over $97,000—its highest in over two months—and edging closer to the psychological $100,000 mark. This surge came on the heels of reports that investment bank Morgan Stanley may introduce spot cryptocurrency trading to its E*Trade platform and news that MicroStrategy, the largest corporate bitcoin holder, plans to buy more via a $21 billion equity offering. These developments come amid investor concerns about U.S. trade policies under the Trump administration. Bitcoin has risen approximately 30% from April lows, showing signs of functioning as a safe haven during market volatility.

Ethereum (ETH): Advancements in Scalability and DeFi Integration
Ethereum continues to solidify its position as a foundational platform for decentralized applications and finance. With ongoing enhancements aimed at improving scalability and reducing transaction costs, Ethereum is attracting a growing number of developers and users. The expansion of its Layer-2 solutions further reinforces its potential for long-term success.

Cardano (ADA): Anticipation of ETF Approval and Network Upgrades
Cardano is gaining attention with a 75% estimated chance of securing a U.S. spot ETF approval. This optimism is bolstered by its recent price increase and growing trading volumes. Cardano’s commitment to a scientific approach and its focus on sustainability and scalability continue to attract interest from both institutional and retail investors.

Solana (SOL): High-Speed Transactions and Ecosystem Growth
Solana is making waves again, climbing above $200 in 24 hours following a 10% increase. SOL is now trading at $208.83, and bullish projections continue to pour in. This momentum comes after Bitcoin rallied back to $97k and pushed up the price of altcoins market-wide. However, the buzz isn’t just about price action. Polymarket bettors now give a 78% chance of SEC approval for Solana ETFs this year. Big names like Grayscale, VanEck, 21Shares, Bitwise, and Canary Capital have all filed applications, highlighting growing confidence in Solana’s future.

Fetch.ai (FET): Bridging AI and Blockchain Technologies

Live price for one of the cryptocurrencies as of May 5 2025

Fetch.ai is gaining traction by integrating artificial intelligence with blockchain technology. The platform enables the creation of decentralized autonomous agents that can perform tasks like data sharing, trading, and infrastructure optimization. As AI adoption surged in 2024, Fetch.ai gained attention for its practical applications, including smart city infrastructure and supply chain automation. Focusing on real-world utility and cutting-edge technology, Fetch.ai remains a top contender for 2025.

These here mentioned before are the Cryptocurrencies with the most potential in future marking those as the best cryptocurrencies to look out for in 2025.

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XRP Whales Buy $900M Worth of Tokens, Fueling Price Surge Predictions

Ripple’s XRP is making headlines as crypto whales—large-scale investors—have accumulated approximately 900 million tokens over the past month, signaling potential bullish momentum in the near future

Whale Activity Sparks Hopes of 35% XRP Rally

XRP Price as of May 2, 2025

According to data shared by crypto analyst Ali Martinez, the recent surge in whale activity shows strong institutional and high-net-worth interest in XRP. This buying spree has pushed investor optimism despite lingering legal uncertainty around Ripple’s case with the U.S. Securities and Exchange Commission (SEC).

April 2025 was a mixed month for XRP. Market fluctuations were fueled by rumors of a new SEC chair and delayed decisions around a potential XRP ETF. Despite this regulatory fog, Ripple gained 5% during the month, increasing its market dominance to 4.398%—placing it just behind Bitcoin, Ethereum, and Tether in terms of market cap.

Analysts suggest that if Ripple maintains its support level of $2.20, it could target the next resistance at $2.50. Should bullish sentiment continue, the token may even reach the $3 mark by the end of May.

While excitement is growing around Ripple’s future—especially the potential launch of an ETF—experts caution that market performance still depends on regulatory developments and continued whale accumulation.

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