Rich Dad Poor Dad author Robert Kiyosaki predicts a catastrophic stock market crash and the collapse of “The Everything Bubble,” warning that gold, silver, and bitcoin will nosedive, triggering a global depression.

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Peter Brandt, a well-known trader and chartist, has warned bitcoin investors about troubling market patterns. He highlighted that BTC has gone 30 weeks without a new all-time high, historically leading to severe declines of up to 75%. While Brandt remains optimistic, forecasting a bitcoin price of $135,000 by late 2025, he cautions that a close below $48,000 could derail his analysis.

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On Tuesday, HBO is set to release a documentary that claims to reveal the identity of Bitcoin’s creator, Satoshi Nakamoto, and speculation is swirling around Len Sassaman as the potential figure.

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MARA, one of the largest bitcoin miners traded on the public market, acquired 192 BTC in September, while also holding onto all the bitcoin it mined during the month.

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On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading.

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Recent data reveals that bitcoin wallets holding between 0.1 and 1 BTC have grown by an impressive 9,563 since the year began. Meanwhile, the number of crab wallets containing 1 to 10 BTC has shrunk by 7,783. Bitcoin dolphins, sharks, and whales, those with between 100 to 10,000 BTC, made a noticeable splash, with 101 new addresses surfacing since early January.

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With bitcoin trading above $65K, crypto enthusiasts are anticipating big price moves in October. Many still believe BTC will exceed its all-time high before the year ends. On Polymarket, a blockchain-powered predictions platform, the odds currently show a 61% chance that bitcoin will top the record it set seven months ago.

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Blackrock’s digital asset chief sees bitcoin as a “risk-off” asset even though it has shown a pattern aligned with U.S. stocks. He drew parallels between bitcoin and gold, pointing to its decentralized structure and limited supply as crucial factors setting it apart.

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This past week, a batch of five block rewards from 2009 were moved for the first time in almost two years. Interestingly, since 2015, only 48 block rewards from Bitcoin’s creation year have been spent. With the reawakening of these so-called ‘sleeping’ bitcoins from Bitcoin’s early days, it’s a good time to reflect on just how many of these rewards remain untouched today.

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In a recent report, Blackrock, the largest digital asset manager, explores bitcoin’s role as a unique investment diversifier, highlighting its distinct risk and return factors compared to traditional assets. The financial institution’s report also discusses bitcoin’s growing appeal among institutional investors.

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During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s development.

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Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July.

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U.S. spot bitcoin exchange-traded funds (ETFs) saw inflows of $202.51 million on Monday, marking the eighth consecutive day of gains. In contrast, spot ethereum ETFs experienced a loss of $13.23 million during the same trading session.

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Bitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01% rise in the overall crypto market, which now stands at $2.24 trillion.

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According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC.

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As the landscape of Bitcoin mining becomes increasingly competitive, the question of profitability takes center stage. With advancements in technology and shifts in the industry, it’s crucial to understand how Bitcoin mining remains viable today and how the DeMi Token is redefining access to this opportunity.

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Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin.

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In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established in 2013. The first case involved an individual who moved 250 BTC—worth just over $15 million—from a long-inactive address created on May 12, 2013.

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Bitcoin’s price reached a five-month low, dipping to $49,647 at 2:25 a.m. EDT on Monday, Aug. 5. This decline is fueled by growing concerns about an impending recession, with Japan’s Nikkei experiencing its steepest daily drop since ‘Black Monday’ in 1987.

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Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent” and “massive,” stating that “it’s going to end up benefiting the country.”

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The head of strategy at crypto investment firm 21shares has explained that the broad-based bitcoin selloff following the Federal Reserve’s decision to keep interest rates unchanged was partly due to increasing geopolitical tensions in the Middle East and fears of conflict escalation, leading to a temporary flight to safety.

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Throughout July, bitcoin has climbed 2.5% against the U.S. dollar, despite a midweek dip to $64,350 per coin. This month has been marked by notable events, including movements by Mt Gox and the U.S. government transferring billions. Additionally, 76 transactions from dormant bitcoin wallets, created between 2010 and 2017, spent 6,536.17 BTC, amounting to $424 million.

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The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research, criticizing previous work for its lack of fundamental understanding of bitcoin.

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Microstrategy’s executive chairman, Michael Saylor, predicts that by 2045, bitcoin’s price could range from a bear case of $3 million to a bull case of $49 million, with a base case of $13 million. He highlighted bitcoin’s role in revolutionizing the global economy, advocating for its adoption as a primary treasury asset to ensure economic stability and wealth accumulation.

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U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer.

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On July 29, 2024, bitcoin continues its bullish trend, demonstrating significant strength across multiple time frames. As of today, bitcoin is trading at $69,456 with a 24-hour price range between $67,618 and $69,842. Key technical indicators suggest that bitcoin’s upward momentum is likely to persist.

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On Saturday, July 27, 2024, the 45th president of the United States spoke to a massive crowd at the Bitcoin 2024 conference in Nashville. The event began with David Bailey, CEO of Bitcoin Magazine, presenting Trump with a 2013 Casascius physical bitcoin loaded with 1 BTC. “Bitcoiners know inflation better than anyone else,” Trump told the crowd.

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Veteran trader Peter Brandt has emphasized that the current bitcoin price pattern “appears as a down channel.” Brandt’s recent analysis also indicates a potentially significant long-term upside for bitcoin, contrasting with gold advocate Peter Schiff’s bearish stance on the cryptocurrency.

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The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25.

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On Wednesday, billionaire investor Mark Cuban shared on X about Silicon Valley’s growing backing for former President Trump, labeling it a “bitcoin play.” He argued that reduced tax rates and tariffs are likely to boost bitcoin prices.

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