Rich Dad Poor Dad Author Names Bitcoin as Antidote to Hyperinflation

BitFinancial expert Robert Kiyosaki pitches Bitcoin as solution to high inflation  With almost every country on Earth today battling excessive inflation, major financial experts like the “Rich Dad Poor Dad” Author Robert Kiyosaki have been sounding alarms on how many can reposition and fight this inflationary war with their investment choices. Again, Kiyosaki has leveraged the X platform to advogado for Bitcoin (BTC), keeping his publicity for the coin steady.  In his recent admonition, Kiyosaki defined what hyperinflation represents, which is not the misconception that price is going up, but the exact opposite. He highlighted that with hyperinflation, the purchasing power of someones money is actually going down, a situation that can present a bad economic status.  In order to prevent this, Kiyosaki advised his more than 2.4 million followers on X to buy Gold, Bitcoin and Silver to stand up tall later.  ‘Don’t be a loser. Buy gold, silver, & Bitcoin and be a winner not a loser, he said emphatically.  Over the past decade, many have actually grown to see Bitcoin as a major hedge against inflation in recent times. While Gold takes up the de facto role in the investing world, Bitcoin is now notably evolving enough to also assume this role.  Bitcoin

2023-10-01indústria

Ripple Releases XRPL EVM Sidechain FAQ

RippleX developers explained benefits and risks of upcoming EVM sidechain on XRP Ledger that will be activated via XLS-38d proposal  The developers of RippleX made things clear about the design, economical concept, usage and features of a hotly anticipated XLS-38d-enabled Ethereum Virtual Machine (EVM) sidechain on top of XRP Ledger that is co-developed by Ripple and Peersyst.  XRPL EVM sidechain brings interoperability, flexibility, developer friendliness  With the launch of the XRPL EVM sidechain, developers focused on Ethereum-like blockchains will be able to move their dApps to XRP Ledger with minor modifications. Technically, their dApps will be deployed to XRPL as smart contracts, the new explanation by RippleX says. Thus, the activation of the XRPL EVM sidechain will make the development process faster and more streamlined.  The process of dApps onboarding will be 100% permissionless: no amendment approval will be required to launch applications. As a result, the XRP Ledger ecosystem will grow further thanks to the inflow of EVM-based dApps of various types.  Be default, there will be only one public open source EVM sidechain supported by Ripple and Peersyst. It will serve as a gateway for the XRPL community. However, independent groups of XRPL enthusiasts will be able to create multiple permissioned sidechains for

2023-10-01indústria

Judge Rejects Sam Bankman-Frieds Request For A Temporary Release

It seems that Sam Bankman-Fried isn‘t getting relief from the court very soon. On September 28, Judge Lewis Kaplan denied a motion from SBF’s legal team requesting a temporary release. The team appealed to the US District Court for the Southern District of New York. It said that their client needs some time to prepare for his trial. However, the judge didnt find any merit in the argument and turned it down.  Denial Of Final Pretrial Request And The Path Ahead  Since the arrest, SBF‘s lawyers have filed for their client’s temporary release many times. The recent one was done on August 11 on the grounds of witness intimidation. The appellate court reviewed the matter twice but didn‘t agree with the attorneys’ requests. Reportedly, Judge Kaplan considered SBF a flight risk. According to him, SBFs age and potential prison time are likely to make him one.  Despite denying early release, the judge allowed SBF to arrive at the court early on certain days. This would allow him to discuss the case with his legal team. Notably, the final preparations for Bankman-Fried‘s trial are at their peak. The entire crypto space is keen to know what’ll come out of this case. Theyre also curious

2023-10-01indústria

Análise de preço DOGE para 29º de setembro

Isenção de responsabilidade: As opiniões expressas por nossos escritores são próprias e não representam as opiniões da U.Today. As informações financeiras e de mercado fornecidas no U.Today são destinadas apenas para fins informativos. A U.Today não é responsável por quaisquer perdas financeiras incorridas durante a negociação de criptomoedas. Conduza sua própria pesquisa entrando em contato com especialistas financeiros antes de tomar qualquer decisão de investimento. Acreditamos que todo o conteúdo é preciso na data de publicação, mas algumas ofertas mencionadas podem não estar mais disponíveis.  Os touros estão tentando manter a iniciativa conquistada, de acordo com a CoinSats.  Gráfico DOGE por CoinStatsDOGE / USD  A taxa do DOGE subiu 1.26% desde ontem.  Imagem por TradingView  No gráfico horário, a taxa DOGE está sendo negociada lateralmente após um falso rompimento do nível de suporte local de US$ 0.06157. Como a moeda meme ultrapassou a maior parte de seu ATR diário, há poucas chances de ver quaisquer movimentos bruscos hoje.  Imagem por TradingView  A alta de hoje não afetou a posição técnica do DOGE no gráfico diário. O preço continua longe da resistência, o que significa que os touros ainda não tomaram a iniciativa.  Neste caso, a consolidação na área de US$ 0.062-US$ 0.063 é o cenário mais provável até

2023-10-01indústria

Will VET Crypto Sustain the Breakout?

VeChain price prediction showcases the recovery of VET crypto as it broke out of the consolidation phase over the daily time frame chart. Meanwhile, trading volume needs to rise in favor of buyers to push VET ahead of the upper threshold. However, volume change is below average and needs to grow in favor of buyers intraday. Buyers need to accumulate at a higher rate in order to push VET crypto and let it sustain at the present level.  VeChain price was at $0.01745700 and has gained around 2.23% of its market capitalization during the days trading session. Trading volume has increased by 8.32% intraday. This demonstrates that buyers are trying to push VET ahead of the upper threshold. Volume to market cap ratio was at 2.03%.  Analyzing VeChain Price Technical Indications   VeChain price has broken out of the consolidation phase and is currently trying to sustain above the upper price range of the consolidation phase. Meanwhile, buyers need to maintain their accumulation rate to push VET crypto upwards and avoid slipping back inside the consolidation phase. However, volume change is below average which needs to grow in favor of buyers intraday. Meanwhile, VET crypto is above the 20 and 50-EMAs to reach

2023-10-01indústria

Gemini planeja investir US$ 24 milhões em seu centro de tecnologia e desenvolvimento na Índia ⋆ ZyCrypto

On September 26, Gemini announced its plans to invest $24 Million (INR 200 crore) in its engineering hub and development centre in Gurgaon, India. Gemini‘s Center for Crypto and Technology Innovation at Gurgaon’s Cyber Hub is staffed by over 70 employees.  Pravjit Tiwana, CEO APAC & Global CTO, Gemini, said in an announcement.  The Cameron and Tyler Winklevoss-founded crypto exchange will use the India technology center to develop products and services across engineering, design, and operations for its customers worldwide.  The teams based in Gurgaon will take care of core platform fundamentals in compliance, data pipelines, warehousing, security, and payments. Gemini has over 500 employees, of which the Gurgaon center has around 70. Gemini plans to take its headcount at Gurgaon to over 150 in the next two years, Tiwana stated.  The announcement also revealed that the company is actively hiring for key roles across software engineers, technical product managers, talent acquisition, finance, compliance, and support.  In April, Gemini announced the launch of its engineering center in India. In the announcement, the company said it plans to develop products and services that unlock the next era of financial, creative, and personal freedom with crypto and Web 3 innovation.  “Right now, we are in the midst of

2023-10-01indústria

Cofundador da 3AC preso e condenado à prisão

Su Zhu, cofounder of 3AC, faces four-month prison sentence, per verdict of Singapore court  Su Zhu, cofounder of the now-defunct crypto hedge fund Three Arrows Capital (3AC), has been sentenced to four months in prison by a Singapore court, according to updates from Teneo, the firms joint liquidators. Earlier today, Zhu was arrested at Changi Airport while he was attempting to depart from Singapore.  This comes after significant sanctions and a nine-year trading ban had been levied against him and his cofounder Kyle Davies by the Monetary Authority of Singapore (MAS) in September.  Committal order  Zhu was arrested after a committal order was granted by Singapore Courts, according to the Teneo statement. The order, which was obtained on Sept. 25, was a response to the cofounders intentional noncompliance with a previous court order compelling him to cooperate with ongoing liquidation investigations and account for his activities related to 3AC.  Now that Zhu is commencing his four-month sentence, the liquidators aim to focus on asset recovery and ensuring complete compliance from Zhu in providing information and documents pertinent to 3AC and its former investment manager.  OX tumbles  The hedge fund fell from grace last year due to a glaring lack of a proper risk management framework. Significant holdings

2023-10-01indústria

BlockFi avançará com o plano do Capítulo 11

BlockFi‘s Chapter 11 plan received approval earlier this week, supported by both the company’s management and the Committee of Unsecured Creditors.  According to a blog post, the plan got 90% approval across all voting classes.  The former crypto lender filed for bankruptcy in late 2022 following the collapse of FTX. It followed in the footsteps of bankrupt lenders Voyager and Celsius.  BlockFi will continue to seek recoveries from the Three Arrows Capital and FTX bankruptcies as part of the plan, which would then increase recoveries for customers.  As Blockworks previously reported, BlockFi is also fighting claims from both FTX and 3AC, which both seek to recover funds. The company alleged, however, that it fell victim to the former crypto exchange.  Leia mais: How BlockFi went from tech unicorn to crypto burnout  Additionally, back in early September, FTX objected to BlockFis bankruptcy plan, alleging that it “still suffers from certain fundamental shortcomings.”  The plan will ensure that digital assets are distributed to customers, including BlockFi Interest Account holders.  Regarding the interest accounts specifically, the blog post said that “the company expects that this will be the first wave of distributions, which will be followed by additional distributions.”  BlockFi is still working to distribute “funds to clients with assets in the

2023-10-01indústria

Crypto Exchange Gemini, com sede nos EUA, interromperá serviços comerciais em país europeu de 17,000,000 milhões de habitantes

US-based crypto exchange Gemini is shutting down its trading operations in the Netherlands, which boasts the sixth-largest economy in the European Union (EU).  In a new announcement, the company says that it will stop offering crypto services to the Dutch market on November 17th, due to requirements imposed by the De Nederlandsche Bank (DNB), the Netherlands central bank.  Gemini says its customers need to withdraw their crypto and fiat balances by that date.  In an effort to ease the transition, the exchange says it will waive any internal instant order trading fees for customers.  Gemini does, however, raise the possibility of reopening Dutch customer accounts sometime in the future.  MiCA is the upcoming European Union legislation that will provide rules covering the supervision, consumer protection and environmental safeguards of crypto assets. The law also includes measures against other financial crimes including market manipulation, money laundering and terrorist financing. Its scheduled to take effect in December 2024.  Disclaimer: As opiniões expressas no The Daily Hodl não são conselhos de investimento. Os investidores devem fazer a devida diligência antes de fazer qualquer investimento de alto risco em Bitcoin, criptomoeda ou ativos digitais. Por favor, esteja ciente de que suas transferências e negociações são por sua conta e risco,

2023-10-01indústria

Advogado de Sam Bankman-Fried desafia questões do júri propostas pelo governo dos EUA

The lawyer representing Sam Bankman-Fried, the former CEO of the now-defunct crypto exchange FTX, has claimed that the proposed jury questions for the upcoming fraud trial will elicit biased responses.  In a court filing on Sept. 29, lawyer Mark Cohen, who is representing Bankman-Fried, contends that the jury questions presented by the United States government contain prejudice that could result in an unfair trial for Bankman-Fried.  “The Governments proposed voir dire discourages full disclosure from potential jurors, fails to elicit sufficient information to allow the defense to ascertain potential juror bias, and risks tainting the jury by presenting the allegations in a prejudicial manner.”  He also argues that the language used in the jury selection questions already portrays a biased image, presuming Bankman-Frieds guilt in fraud and money laundering.  “In particular, by referring to ”his fraud,“ rather than ”his alleged fraud“ or simply ”fraud,“ the final sentence in paragraph 3 improperly suggests that fraud by Mr. Bankman-Fried is an established fact.”  Cohen stresses the importance of the court reminding potential jurors that Bankman-Fried is entitled to the presumption of innocence until proven guilty beyond a reasonable doubt.  Furthermore, Cohen argued that the court should use the voir dire proposed by Bankman-Fried.  However, Cointelegraph recently reported that the

2023-10-01indústria
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