U.Today’s daily news keeps you up to date with the most important updates from the crypto industry
U.Today presents the top four news stories from the past. Take a closer look at the world of crypto!
I’m Waiting For Bitcoin To Test $1,100: Robert Kiyosaki
tomorrowRobert Kiyosaki, author of “Rich Dad, Poor Dad,” shared his new BTC price predictions and buy-the-dip plans with his Twitter followers. He began his post with a “Rich Dad Lesson”, writing that losers give up on losers, while winners learn from their mistakes. Kiyosaki then said that he was waiting for bitcoin to test $1,100, and that he would buy more of it, once King Crypto recovers. Notably, earlier this year, in May, after the Fed began raising historic interest rates, the author of “Rich Dad, Poor Dad” tweeted that he thought BTC could hit a low of $17,000. may be on the mark. Around the same time, Kiyosaki admitted that bitcoin could drop below $9,000, but he is still optimistic, as “the Fed and the Treasury are corrupt organizations.”
Michael Sayer, Who Owns 130,000 BTC, Advices to Crypto Investors
microstrategy CEO Michael Saylor It has recently taken to Twitter to educate cryptocurrency investors who are in the process of surviving another bear market. He urged his followers to “remain humble” and “stack the sit,” meaning they should calmly amplify their profits without worrying about market structure. Saylor is a good example to his clients as he himself follows their advice; His company continues to expand its bitcoin stack despite current issues across the industry. Furthermore, Saylor isn’t worried about repeatedly buying bitcoin at its peak and placing it at a significant loss of $1.2 billion.
Cardano has become the most actively developed project in the crypto industry
With over 350 commitments in the last month, cardano The region has shown the highest development activity, leaving behind projects such as Kusama and Polkadot. Ethereum and Solana have both received over 270 commits, with other important projects near the top. The network has consistently been one of the most actively developed projects in the entire industry since the release of smart contract updates. One of the most recent updates was the upgrade of stake pool operators to Cardano node 1.35. The new update makes the latest node version a candidate for the final Mainnet Vasil hardfork release. With the launch of Node Network, Vasil will have a soft and stable launch with all updates and improvements.
Somebody is buying huge amounts of Ethereum, and nobody knows why
a heavy Ethereum Buying volume was observed for Binance and the ETH/USD pair on another regulated exchange, indicating that a major investor or unnamed whale was eager to buy as much ETH as they could for a price of $1,228. As per the chart, the price of the asset has not been affected by this, which suggests that there is a massive buying by either a massive sell or a short. Such a huge amount of money suggests that there are still few investors who would buy digital assets at significant discounts. Unfortunately, the absence of large buying power and upward volatility in the market could cause problems for Ethereum investors in the future as there is an imbalance between buy and sell orders.