Bitcoin News

Robert Kiyosaki, the author of the book “Rich Dad, Poor Dad” and one of the most consulted names in the financial field in recent years, again warned Bitcoin, gold and silver. Kiyosaki, citing the example of retirees starting to work again, especially in America, said, “Bitcoin, gold, silver prices about to EXPLODE. As stated in my previous tweet, you talkers, cowards discussing which is better; Gold or Bitcoin will be Big Losers… when Marxist Fed PIVOTS cutting interest rate. And real assets go up in price…as fake money leaves fake assets such as US bonds, fleeing to real assets such as real estate, gold, silver, and Bitcoin.” he said.

August inflation figures, which fell below 3% for the first time in a long time in July in the US, will be announced today at 8:30 A.M. While headline inflation is expected to come in at 2.5%, the data will also closely affect the Fed’s

RIOT Platforms, one of the largest Bitcoin mining companies in the US and the world, announced that it did not sell Bitcoin in August and held more than 10 thousand (10,019) BTC. For the company, which produced 370 BTC in July, this figure was 322 in August.

In an interview with Maria Corina Machado, one of the opposition leaders in Venezuela, where inflation exceeded 1 million per cent for a period of time, especially due to US sanctions, said that Bitcoin had a major share in helping many Venezuelans get rid of inflation. Machado also stated that Bitcoin should be included in the country’s reserves.

Bitcoin is down below $56,000 on Friday, when markets focused on two data to be announced in the US. Bitcoin, which dropped to $55,280, and the 30-year US bond yield also fell. This shows that the market is avoiding risky assets.

Binance, the world’s largest crypto asset platform, announced that it has appointed Grant Thornton Singapore, one of the leading business and professional services firms, to provide accounting and tax advisory services as part of its global audit preparations.

In the latest analysis of Outlier Ventures, known for its investments in blockchain and Web3, it was stated that there are no more four-year cycles and this should be accepted. The analysis also commented on “Bitcoin’s worst price performance following any halving to date,” for the 4-month period since the halving.

Bitcoin fell sharply during the night hours and fell below $56,000. While the declines in the US markets and Asia also attract attention, experts cite the low US Manufacturing Industry data as the reason. Friday’s non-farm employment and unemployment data will also be critical for the price trajectory.