Get Smarter About Crypto

₿itcoin reached $63,799. -1.06%

♢Ethereum reached $3,048.  -1.08%

What we will talk about today...

🚀 Robert Kiyosaki’s Bitcoin Investment

💡 Michael Saylor's Bitcoin Price Prognosis

🔍 Samson Mow Announces 'Bitcoin Quantitative Hardening' Following BTC Halving

Robert Kiyosaki’s Bitcoin Investment

Robert Kiyosaki, the author of “Rich Dad Poor Dad,” has become a vocal supporter of Bitcoin (BTC), shifting from initial skepticism to advocating it as a vital investment against inflation and central bank policies.

Bitcoin Journey:

• Kiyosaki was doubtful about Bitcoin in August 2017 but now predicts it could reach $2 million per coin, seeing it as an essential safeguard against economic uncertainty.

Holdings:

• Kiyosaki owns 66 BTC, a significant investment given the growing interest from institutions, and he considers it a strategic asset with potential for growth.

ETF Approval:

• The SEC’s approval of a Bitcoin ETF in January 2024 boosted Kiyosaki’s confidence in Bitcoin’s future, as it led to a price increase and affirmed its long-term prospects.

Global Adoption:

• The Hong Kong Securities and Futures Commission’s approval of Bitcoin and Ethereum ETFs reflects the increasing global acceptance of cryptocurrencies. Kiyosaki prefers investing in entrepreneurial ventures rather than traditional financial products.

Current Valuation:

• As of April 17, Kiyosaki’s Bitcoin holdings are worth over $4.1 million, with Bitcoin’s price at about $62,226 per coin. This investment highlights his belief in Bitcoin’s wealth-generating potential.

Kiyosaki continues to endorse Bitcoin and offers insights for investors interested in the evolving cryptocurrency market. Watch for more updates on his financial journey and its impact on the financial world.

Michael Saylor's Bitcoin Price Prognosis

Michael Saylor, the visionary founder of MicroStrategy, a leading business intelligence company, has recently shed light on the potential correlation between Bitcoin halvings and BTC price movements. His remarks come as the cryptocurrency community eagerly anticipates the effects of the upcoming halving event on Bitcoin's valuation.

Michael Saylor’s Analysis:

• Michael Saylor of MicroStrategy suggests a potential rise in Bitcoin’s price after the next halving, based on previous patterns. For instance, after the 2020 halving, Bitcoin’s value jumped from $8,618 to a peak of $69,000.

Comparing Bitcoin and Gold:

• Anthony Pompliano points out Bitcoin’s 40% increase in 2024, outperforming gold’s modest 11% growth over five years. This comparison questions gold’s role as a stable investment compared to Bitcoin.

Halving Celebrations:

• Saylor celebrated the latest halving on X (formerly Twitter), highlighting its importance for Bitcoin’s scarcity and value.

Plan B’s Predictions:

• Market analyst Plan B predicts a price boost for Bitcoin following the halving, expecting a 2x rise before the event and a 4x increase afterward, based on his stock-to-flow model.

Bitcoin’s journey and its impact on the crypto market as we approach the halving event.

Samson Mow Announces 'Bitcoin Quantitative Hardening' Following BTC Halving

Bitcoin luminary Samson Mow, renowned for his contributions to the cryptocurrency space, took to Twitter/X to commemorate the arrival of the much-anticipated fourth Bitcoin halving. Mow heralded this event as the initiation of "Bitcoin quantitative hardening," contrasting it with the quantitative easing measures frequently employed by the US Federal Reserve.

Samson Mow’s ‘Quantitative Hardening’:

• Samson Mow marked the fourth Bitcoin halving as the start of ‘quantitative hardening,’ a term he uses to describe the reduction of new Bitcoin issuance, contrasting with the US Federal Reserve’s quantitative easing.

Halving’s Supply Impact:

• The halving cuts the Bitcoin mining reward from 6.25 BTC to 3.125 BTC, emphasizing Bitcoin’s scarcity and supporting its value. Mow notes the increased mining difficulty post-halving.

Bitcoin vs. Gold:

• Mow highlights Bitcoin’s advantage over gold, with a post-halving inflation rate of 0.9% for Bitcoin versus gold’s 1.4%, challenging gold’s status as a store of value.

Market Dynamics:

• At the announcement, Bitcoin’s price was $63,913. Mow’s insights shed light on Bitcoin’s inflation resistance and its influence on the financial sector.

Keep an eye out for more updates on Bitcoin’s impact on the financial market.

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Stay tuned for more twists and turns in the crypto world & Happy Investing🚀💎