U.Today – Top Three Crypto News Stories

Bitcoin (BTC) Eyes Epic Price Breakout This Week: Details

Yesterday, Bitcoin, the world’s largest cryptocurrency, experienced a significant price surge, testing new levels that analysts predict could lead to a breakout and a new all-time high. Michaël van de Poppe, in a recent X post, noted that BTC has already reached the $62,000 level and is now "facing the crucial resistance zone" around $65,000. Van de Poppe anticipates an upward breakout for Bitcoin this week or the next, aligning with the broader market expectation for "Uptober." Currently, Bitcoin is trading at $66,883, up 1.57% in the last 24 hours, according to CoinMarketCap.

Ripple Mints Gigantic 4.5 Million RLUSD Stablecoin in 24 Hours

Ripple Stablecoin Tracker, an X account monitoring the minting and transfer of Ripple’s stablecoin RLUSD, reported that yesterday, the fintech company minted 4.5 million RLUSD in just 24 hours. An additional 260,000 RLUSD was also minted, bringing the total to 4,760,000 RLUSD. Both batches were transferred to unknown wallets. Ripple began testing RLUSD on XRP Ledger and Ethereum mainnet in early August. This recent minting activity is part of Ripple's strategy to enhance testing in anticipation of the stablecoin's launch later this year.

“Rich Dad Poor Dad” Author Issues Crucial “Fake USD” Warning to Investors

Robert Kiyosaki, notable financial guru and author of "Rich Dad Poor Dad," addressed the diminishing value of the U.S. dollar on the X platform. Kiyosaki argued that since President Nixon removed the dollar's gold backing in 1971, the currency became "fake." He reiterated crucial lessons from his book, emphasizing that wealthy individuals don’t save "fake U.S. dollars" and warning that "savers are losers" due to ongoing devaluation. He also highlighted the importance of financial education to thrive amid economic challenges.

This article was originally published on U.Today.