China News Daily TheBitTimes.com

Robert Kiyosaki, American businessman and educator, has sounded yet another financial alarm. In a recent social media post, the author of Rich Dad Poor Dad warned that the global economy could be on the brink of a collapse comparable to the 1929 crash and the Great Depression.  Kiyosaki’s warning cites ballooning U.S. debt as the chief reason for concern and recommends, in his characteristic fashion, a shift toward assets such as gold, silver, and Bitcoin (BTC). “I sit tight with gold, silver, & Bitcoin. Good luck. We may be on the brink of another 1929 crash and another Great Depression. America’s debt is out of control. America is the worlds biggest debtor nation in history. You can only print money to pay your bills….for so long.” DO YOU have a 401k or IRA filled with stocks? DO YOU know investment legends Warren Buffet and Jim Rogers have sold most if not all of their stocks and bonds? They are both in cash or silver. If you do not know why B...

Summary ⚈ McGlone warns a crypto crash could signal looming economic turmoil and deflation. ⚈ Market indicators point to fragility, with Bitcoin’s strength crucial to broader stability. ⚈ Analysts fear a 2025 recession driven by trade tariffs and tightening liquidity. Bloomberg Senior Commodity Strategist Mike McGlone has asserted that a cryptocurrency crash could signal looming economic turmoil and a deflationary period unlike any in recent history. Drawing on historical parallels like the 1929 United States stock market crash, Japan’s 1989 bubble, and the early 2000s Dot-com bubble, McGlone suggested that the crypto market’s current fragility might be an early indicator of deeper systemic issues, he said in an X on April 26. McGlone pointed to the 200-day moving average (MA) of the U.S. Treasury 10-year yield, which is now on the verge of turning lower after reaching its highest levels in nearly two decades. Cryptos have stalled vs...

The crypto market remains in a state of stagnation, with overall valuation dipping to $2.88 trillion. Despite the lack of momentum and growing frustration among investors, opportunities still exist for those willing to navigate the dips. Although the market appears dull, some traders continue to secure significant gains through strategic trades and market insights. Several tokens present potential buying opportunities amid the downturn. Even in this sluggish phase, opportunities for long-term gains remain. Investors who stay patient and strategic may benefit from these discounted prices as the market seeks its next bullish wave. Pi Network (PI) Pi Network has been a topic of much discussion in the crypto space due to its unique mining mechanism and its long-awaited transition to a fully launched and listed asset. For years, users have been able to mine $PI on their mobile phones, creating a large and dedicated community even before it became tradable. Now that Pi Network has final...

The cryptocurrency market has experienced one of its most severe liquidations in history, wiping out $2.24 billion in value within 24 hours, with total estimates reaching as high as $10 billion.  Bitcoin (BTC) continues to struggle past the $100,000 mark, as risk-off sentiment grips investors amid escalating global tensions.  Yet, even as panic selling dominates certain mid-cap cryptocurrencies—those with market capitalization between $1 billion and $100 billion, are emerging as strong picks for long-term growth.  Picks for you Enso surpasses $3.1 billion in crypto transaction volume 43 mins ago Crypto trader makes $600k in 2 hours with amazing short position 1 hour ago ...