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XRP Falls Below $3: Will the Downturn Continue?

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Ripple’s native token XRP fell below the $3 mark on Wednesday, shedding 2.5% of its value. The leading altcoin remains rangebound in the charts, offering little to no price spurts this month. The Ripple’s token went north in the last three months, generating stellar returns to traders. The ongoing dip in price comes after the broader markets experienced volatility due to trade wars and tariffs. Source: CoinGecko After Trump slapped India and Brazil with 25% and 50% tariffs, respectively, the markets remain in muddy waters. Dow Jones is down nearly 600 points since then, while the Nasdaq Composite dipped by 225 points. In addition, the S&P 500 index has shed nearly 85 points, and the downturn persists. All of these pushed XRP below the $3 mark and even the cryptocurrency market is trading in the back foot. Also Read: Ripple’s (XRP) 3 & 6 Month Frame Predicts Epic Rally: Details Will XRP Reclaim the $3 Price Range? Source: coinpedia.org The chances of a continued downturn...

R. Kiyosaki warns ETFs are like ‘having a picture of a gun’

Robert Kiyosaki, American entrepreneur and writer, is once again urging investors to be cautious when exploring investment opportunities. Namely, in a July 25 post on X, the author of Rich Dad Poor Dad noted the limits of exchange-traded funds (ETFs), acknowledging their usefulness yet recommending more tangible assets. According to Kiyosaki, investment funds make the lives of average investors easier, likely alluding to their hands-off nature, but they are no substitute for holding the real thing, being, as he calls them, “paper assets.” “ETFs make investing easier for the average investor… so I do recommend them.… Yet an ETF is like having a picture of a gun for personal defense.” Gold, silver, and Bitcoin ETFs are all accessible options, the writer notes, especially in times of crisis, but only if you “know the differences, and how to use them.” BEWARE of PAPER I realize ETFs make investing easier for the average investor….so I do recommend ETFs for the ...