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The entrepreneur and author of the bestselling book Rich Dad Poor Dad urged investors to invest in bitcoin, as soon the BRICS countries' own currency will put pressure on the US dollar. Robert Kiyosaki has repeatedly warned about the imminent collapse of the dollar and the entire American economy, calling for investing in gold and bitcoin.
Cryptocurrency blogger and CNBC analyst Ran Neuner predicts that only five altcoins will be able to survive another bearish trend in the cryptocurrency market, and one of them is XRP.
The Ethereum price has slipped by 0.3% in the past 24 hours, while keeping to the $1,800 support level it has held for several months now.
The price of bitcoin has risen to $28,000 after trading below this mark for the majority of May.
The USDT stablecoin issuer, Tether, has announced regular investments in the first cryptocurrency since May 2023.
Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing Bitcoin. These Bitcoin shall be considered on top of the minimum reserves assets that 100% back tether tokens.
The Ethereum Foundation developers have released a software update for Prysm and Teku clients to prevent further network outages.
According to analysts, the Bitcoin price rally may be just beginning. On Sunday, the price of bitcoin was $29,000, several pips below the important $30,000 resistance point and slightly below the all-year high of $31,000, writes Invezz.