Robert Kiyosaki: The Dollar Is Trash â Invest in Bitcoin
Robert Kiyosaki said that the US national debt is growing by $1.1 trillion every 100 days, and servicing the interest costs taxpayers $1 trillion a year.
âWhile I want Donald Trump to win, it doesnât really matter. The real problem is the US debt of $35 trillion, which neither Trump nor Kamala Harris can handle. If you spent $1 a minute, it would take 31,688 years to spend $1 trillion. Simply put, we are in shit. The dollar is trash,â the writer said in his tweet.
The entrepreneur and investor once again called for stopping âhoarding fake money.â According to him, investors should invest their available funds in the first cryptocurrency and precious metals. According to the writer, a recession is inevitable and the world stock market will make a very hard landing "due to the illiterate policies of central banks."
Justin Sun: Coinbase's Wrapped Bitcoin Will Be a Disaster for the Market
Justin Sun believes that the wrapped version of Bitcoin in the form of an ERC-20 token is not able to attract new investors to the market, and its value is questionable:
âcbBTC has no proof of reserves, no audits, and if something happens to this product, users will not be able to get their money back. Any court order from the US government will result in all your bitcoins being confiscated. This clearly shows how centralization can undermine the foundations of Bitcoin. A dark day for the first cryptocurrency.â
The businessman said that he has been approached by representatives of decentralized finance projects concerned about possible increased market surveillance and the risks of reduced security for the Ethereum and Base networks. #JustinSun #TRON #coinbase $TRX $BNB $FDUSD
Ethereum Core developers are looking for an opportunity to speed up the Pectra hard fork and are considering launching it as early as February 2025. But to do this, they will have to split the update into two parts.
For Ethereum, Pectra should be the largest update, and splitting it will help reduce technical risks. #Ethereumâ $ETH
Blum is a decentralized cryptocurrency exchange integrated into Telegram. It was created by former Binance executives Gleb Kostarev and Vladimir Smerkis. The project has attracted significant attention and support from Binance Labs, the venture arm of Binance, which helps the platform grow and scale. Blum is also a participant in BNB Chainâs Most Valuable Builder (MVB) program, which confirms its potential in the blockchain space. Blum has quickly gained popularity since its launch in 2024, attracting millions of users thanks to its tap-to-earn feature and tight integration with Telegram.
The Binance team has already taken action against the user â the hackers have removed suspicious adpeca in the black cpicok, providing users with the opportunity to enter the user's account. Depzhatelyam kpiptovalyut pekomenduetcya tpizhdy ppovepyat adpeca vyvoda cpedctv, to make sure that no vpedonocnaya ppogpamma does not interfere with the tpani.
Binance also encourages users to verify the authenticity of applications and plugins, to verify the authenticity of applications and plugins, and to rely on the ability to withdraw data shennikov. #cryptonews #Binance #ĐŃĐ”ĐŽĐŸĐœĐŸŃĐœĐŸĐ”ĐĐ $BNB $FDUSD
The Supreme Court of the United Kingdom of Great Britain and Northern Ireland has ruled that the stablecoins of the American company Tether should be treated as property by the courts.
The High Court ruling states that USDT coins are a special form of trust property that is not based on an underlying legal right. The legal approval of USDT equates the stablecoin with valuable assets and allows owners to seek legal protection in cases where the crypto asset is stolen or where ownership is disputed.
âThe High Court of England and Wales has concluded that ownership of USDT stablecoins gives rise to property rights under English law,â said Deputy Judge Richard Farnhill.
The cumulative betting volume on the decentralized forecasting platform Polymarket has reached $1.75 billion since the beginning of the year.
The platform's popularity is largely due to the presidential election, with bets on it reaching $900 million.
Kamala Harris is leading with an estimated 50% chance of winning, versus 49% for Donald Trump. However, $144 million has been bet on Trump, while $127 million has been bet on Harris.
Americans are betting not only on the winner of the race, but also on other events. For example, will the presidential candidate mention the word "cryptocurrency" in the debates? $BTC $ETH
Binance to Give Away $1 Million in BNB to Vietnam Typhoon Victims
Cryptocurrency exchange Binance has announced a $1 million BNB airdrop for users affected by Typhoon Yagi in Northern Vietnam.
The exchange will identify affected customers via Proof-of-Address (POA). Beneficiaries must reside in one of the 25 cities in Northern Vietnam that were âhit the hardest.â
Users who complete POA by September 10, 2024 will receive $50 in BNB.
Given that some users did not have time to complete the identification, Binance will also airdrop $20 in BNB to all users in the region who registered before September 10 and complete POA by September 30.
The first batch of donations will be sent to the accounts of victims on September 16.
âWe would like to express our sincere condolences to those affected by the devastating Typhoon Yagi in Vietnam. We hope that our efforts can bring some relief to those affected. We stand in solidarity with the community members and hope that the community can recover from this disaster soon,â said Binance CEO Richard Teng. #binance #BNBđ„ $BNB
The US plans to create a new committee on crypto regulation
John Rose from the Financial Services Committee introduced such a bill in the US Congress.
The main goal of the new committee should be to resolve disagreements between the SEC and CFTC. In particular, the SEC proposes to classify most cryptocurrencies as securities, and the CFTC as goods.
It is assumed that the committee will include not only representatives of regulators, but also crypto analysts and scientists. $BTC $SOL
Binance to Promote Blockchain Education in Azerbaijan
As announced at the Binance Academy, the Center for Analysis and Coordination of the Fourth Intellectual Evolution of the Asian Economy olodezhi ctpany i cpecialictam ppofilnyx ctpuktup camyx pepedovyx knowledge in the field of blockchain and WebZ. According to the signed memorandum, Binance Academy experts and other experts will be presented by Azerbaijani universities y, NFT and Metavcelennyx.
UK to Consider Bill on Legal Status of Cryptocurrencies
The UK government has introduced a bill to parliament that aims to formally define digital assets as a new form of property. If passed, it would give owners of bitcoin and other cryptocurrencies legal protection, the bill's authors said. The bill will protect asset owners and crypto firms from fraud and scams, the report said, and will help resolve cases in which digital assets are contested or are part of a settlement.
Binance Labs' venture arm has invested an undisclosed amount in the mini-app and future exchange Blum.
The investment took place during the seventh season of BNB Chain's Most Valuable Builder (MVB) in late August. According to the company, the Blum team had to "settle some legal and administrative issues" before the announcement, which is why the disclosure was delayed.
"Binance Labs' support will accelerate the creation of Blum's trading infrastructure and allow us to scale to new markets," said CEO and founder Gleb Kostarev. #binanseLabs #Blum $BNB $ETH $SOL
63% of voters declared Harris the winner in a CNN and SSRS poll.
The debates were held in two rounds. The first round discussed domestic policy issues.
1. Trump claimed that the policies of the Biden administration and the Democrats led to record high inflation. Harris focused on the high unemployment that Trump left behind after his presidential term. The candidates also discussed abortion rights. Trump accused the Democrats of intending to allow abortions in the 9th month of pregnancy.
2. The second round discussed foreign policy issues. Trump once again announced his intention to resolve the war in Ukraine before the inauguration. Harris noted that if Trump were in power now, Ukraine would have lost long ago, and also promised to provide the United States with the deadliest army in the world.
Following the debates, Trump called them the best in his entire political career. Harris' team announced their readiness for the second round of debates in October. $BTC $BNB