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The prominent investor and popular author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ Robert Kiyosaki, has been known to favor a set of assets over most other investments.  Though three – gold, silver, and Bitcoin (BTC) – are generally the most mentioned, Kiyosaki is likewise generally engaged with Solana (SOL), wagyu cattle, and real estate. In an X post made late on October 30, the author took the time to offer a simple explanation as to why he likes – or, as he put it, loves – one of them: the world’s premier cryptocurrency, Bitcoin. Picks for you Bybit’s trading platform in Kazakhstan launches with full AFSA approval  12 mins ago Binance uses Amazon’s AI solutions to elevate its user exper...

Following Bitcoin’s (BTC) crash in the wake of growing conflict between Israel and Iran, questions have emerged regarding the asset’s ability to emulate gold and serve as a hedge in an environment dominated by geopolitical disputes.  In this light, a prominent analyst in the precious metals sector has suggested that after Bitcoin’s latest price movement, the asset’s promise to serve as “digital gold” has become a disappointment, Peter Spina said in an X post on October 2. Spina shared data comparing Bitcoin to gold over the last several years to support this assessment, highlighting a notable disparity in performance. Picks for you Crypto traders lost over half a billion dollars in market crash 1 hour ago ...

BlackRock’s spot Bitcoin ETF (IBIT) is near $20 billion in assets, currently in top 3% among all ETFs. IBIT and FBTC have recorded 59 days of inflows – a streak that puts the two among top 20 ETFs. Meanwhile, Bitcoin price could hit a new all-time high amid spot ETF and halving sentiment. BlackRock’s spot Bitcoin ETF (IBIT) continues to outshine peers as inflows surge. Data also shows that IBIT is not just in the top 20 in terms of longest consecutive streak of inflows, but its also climbing the ranks for total asset s. Bloomberg ETF analyst Eric Balchunas shared these details on Monday. He noted that BlackRock’s spot Bitcoin ETF has inched to within the top 3% among all ETFs for total assets held. According to the analyst, IBIT is closer to hitting the $20 billion mark in asset s, a feat that could coincide with a new all-time high for Bitcoin. BlackRock’s IBIT leads peers BlackRock, the world’s leading asset manager ...

According to a Nov. 2 post on X, SEBA Bank has announced a new partnership with St. Galler Kantonalbank (SGKB) to offer users the chance to buy and trade cryptocurrencies like Bitcoin and Ether. SGKB is the fifth largest bank, with 35 branches in the eastern part of Switzerland. A major milestone As part of the announce ment, the bank states that the initial group of clients to be served will consist of the bank’s wealth management customers, followed by retail customers and alongside plans to introduce additional coins and staking services . We are delighted to announce our new partnership with St.Galler Kantonalbank (SGKB), to enable digital asset custody and brokerage services for SGKB’s clients. This collaboration marks a significant milestone in adopting digital asset s and crypto-related services in Switzerland.… pic.twitter.com/syVeb0V5t5 — SEBA Bank AG (@WeAreSEBA) November 2, 2023 Commenting on this news, Falk Kohlmann, the Head of Market Servi...

FTX strongly criticized the UCC's pursuit of asset control, as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries. FTX debtors led by chief restructuring officer John J. Ray III have expressed disapproval of traders and market makers within the Official Committee of Unsecured Creditors (UCC) who are aiming to gain authority over assets. They believe the UCC’s plan to invest nearly $2.6 billion in cash reserves in short-term Treasuries is a bad idea amid FTX 2.0 draft restructuring plan. In a court filing dated August 9, FTX issued a response to the UCC's commentary regarding the reorganization and term sheet proposal. FTX strongly criticized the UCC's pursuit of asset control , particularly as it recommended that debtors allocate nearly $2.6 billion from cash reserves into short-term Treasuries, aiming to cover professional fees amounting to as much as $330 million. Screenshot of the debtors' response to the UCC.  S...

Called "Avalanche Vista," the initiative will consider investing in any asset that can be tokenized. The Avalanche Foundation announced the launch of “Avalanche Vista,” a $50 million initiative to spur tokenization on the Avalanche blockchain, on July 25. Today, the Avalanche Foundation introduces Avalanche Vista, a $50M initiative to pioneer tokenization on #Avalanche Tokenization is poised to be one of the most impactful blockchain innovations of the next decade, and Avalanche is uniquely equipped to power these systems. pic.twitter.com/ZWy109CMCi — Avalanche (@avax) July 25, 2023 Avalanche Vista comes amid a groundswell trend towards token ization throughout the blockchain community. Essentially, token ization allows anyone to convert an off -chain asset into a digital, on -chain token . One of the most popular early use cases for tokenization is in the real estate sector. Investment property purchases are typically the domain of large investors or investment corpo...