“Rich Dad Poor Dad” Author Names Easiest Way to Become a Millionaire, Ripple Unveils Major Initiative for Japan and South Korea: Crypto News Digest by U.Today

by

As a researcher with a background in finance and technology, I find these news stories intriguing and thought-provoking. Robert Kiyosaki’s revelation of the “easiest” way to become a millionaire through Bitcoin is an interesting perspective, especially coming from someone who has experienced the challenges of building wealth as an entrepreneur. While it may be difficult for an ordinary person to amass millions with Bitcoin alone due to its high price point, the potential for significant returns cannot be ignored. I personally believe that a diversified investment strategy, including both traditional assets and cryptocurrencies like Bitcoin, is key to achieving long-term financial success.

Here are the top three news stories presented to you by U.Today.

“Rich Dad Poor Dad” author names easiest way to become a millionaire

As a researcher studying the financial strategies of successful entrepreneurs, I’ve come across Robert Kiyosaki’s latest revelation on becoming a millionaire through Bitcoin investment. Having experienced the challenges of amassing wealth as an entrepreneur myself, Kiyosaki emphasizes the appeal of Bitcoin’s potential for passive wealth creation. In his own words, “Bitcoin does most of the heavy lifting for me. That’s why I’m drawn to it.” However, some critics argue that the high price of Bitcoin makes it an unrealistic option for ordinary individuals to become millionaires through this means alone. At present, one Bitcoin costs approximately $69,933 according to CoinMarketCap statistics.

Ripple unveils major initiative for Japan and South Korea

As a crypto investor following the latest developments in the XRP ecosystem, I’m excited to share that Ripple recently announced the launch of the XRPL Japan and Korea Fund. This initiative aims to foster innovation on the XRP Ledger within the vibrant Japanese and Korean markets. In line with their 1 Billion XRP commitment, Ripple is investing in various projects through both the XRPL Grants and XRPL Accelerator programs.

PlanB issues epic year-end Bitcoin (BTC) price prediction

In a recent post on X, well-known cryptocurrency analyst PlanB has shared his forecast for Bitcoin’s price by the end of each year from 2024 to 2028. His prediction includes: $0.15 million in 2024, $0.8 million in 2025, $0.4 million in 2026, $0.3 million in 2027, and $0.4 million in 2028. PlanB based his scenario on the Stock-to-Flow (S2F) model, finding a strong correlation between Bitcoin’s trend and previous cycles using this model. He acknowledges that these price points seem improbable but believes they align with the best historical data model (S2F^3 power law). Several elements will influence whether PlanB’s optimistic Bitcoin price prediction materializes, such as investor sentiment towards BTC and institutional investment through spot Bitcoin ETFs.

Read More

2024-06-12 19:36