Features Crypto News by Thebittimes.Com

As he continues to warn about the upcoming financial collapse that might engulf the United States and the rest of the world, Robert Kiyosaki, a popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ has highlighted another staggering fact. Specifically, explaining why precious metals gold and silver, as well as the maiden cryptocurrency Bitcoin (BTC), are necessary investments, Kiyosaki stressed that the U.S. kept falling deeper into debt, shackling themselves with another $1 trillion every 100 days, in his X post on August 22. HOW MUCH is a trillion? A trillion seconds was 31,688 years ago. America goes a trillion $ in debt every 100 days. Now do you know why you must buy gold, silver, and Bitcoin? — Robert Kiyosaki (@theRealKiyosaki) August 22, 2024 Adding $1 trillion in debt every 100 days As a reminder, Bank of America (NYSE: BAC) analysts warned in early March this year that the U.S. debt load was about to ramp up...

Join us as we discuss the current state of the crypto market and whether there could actually be a silver lining to capitulation. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Magdalena Gronowska. On this week’s episode of Market Talks, Cointelegraph welcomes Magdalena Gronowska, co-founder of Citadel 256 and senior consultant at MetaMesh — a blockchain consultancy and building platform. This week, we take a deep dive into everything that is happening in the crypto space — we get Gronowska’s professional take on Sam Bankman-Fried and the whole FTX saga and also BlockFi’s bankruptcy. Bitcoin (BTC) miners have also had a rough few months with profits slowly dipping. What are the odds of most miners shutting down shop and selling their Bitcoin while still making some profit on it, especially since most of them are currently struggling to manage their debt? How will this impact the rest of the market? During the bull market, the...