Robert Kiyosaki Explains Why He Won't Buy Bitcoin ETF

Rich Dad Poor Dad author Robert Kiyosaki has explained why he won’t invest in a spot bitcoin exchange-traded fund (ETF). “Just as I own gold and silver coins and mines and own apartment houses, I do not own gold or silver ETFs,” he stressed. The famous author stated this week that he believes the price of bitcoin will reach $2.3 million.

Robert Kiyosaki Won’t Buy Spot Bitcoin ETFs

While demand for spot bitcoin exchange-traded funds (ETFs) is soaring in the U.S., the author of Rich Dad Poor Dad, Robert Kiyosaki, has explained why he will not invest in spot ETFs. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

He wrote on social media platform X on Friday: “Q: Will you buy the bitcoin ETF?” He then answered his own question:


“ETFs are best for most people and institutions. Personally, I am an entrepreneur and prefer to stay as far away from Wall Street’s financial products as possible,” he added. “Packaging my own financial products is best for me because packaging my own securities requires me to be smarter than most ETF buyers. It is what is best for me. If I F’ up, I have no one to blame but me. The more important question is ‘What is best for you.’”

Despite his current stance against spot bitcoin ETFs, Kiyosaki previously advocated for them as an alternative for investors hesitant to buy actual bitcoin. Recently, Shark Tank star Kevin O’Leary, aka Mr. Wonderful, also reiterated his view that he will not buy a spot bitcoin ETF. “I would never do that. Why would I pay the fees? There’s no added value to an ETF. I just own the coin directly,” he emphasized.

Kiyosaki calls himself a bitcoin bull. He revealed this week that he believes the price of bitcoin will reach $2.3 million, citing a prediction by Ark Invest CEO Cathie Wood. Last week, he responded to a prediction by economist Harry Dent stating that the price of bitcoin could crash to $200. “If bitcoin drops to $200 per coin I will buy as many coins as I can,” he affirmed.

The renowned author has also intensified his advice for investors to ditch the U.S. dollar to buy bitcoin alongside gold and silver. He views BTC as the perfect asset at the right time while calling the USD a “giant Ponzi scheme.” Earlier, Kiyosaki predicted that the price of bitcoin would hit $100K by September, emphasizing the importance of the halving. He also stated that BTC is headed for $300K this year.

Source: https://news.bitcoin.com/robert-kiyosaki-explains-why-he-wont-buy-bitcoin-etf/

Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement

A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to transfer the ownership of these bitcoins to the U.K. government.

Petition Garners More Than 2,500 Signatures

A group of Chinese victims of an over $6 billion fraud scheme, orchestrated by Tianjin Lantian Gerui Electronic Technology, have appealed to the country’s foreign ministry for assistance in recovering more than 61,000 bitcoins thought to have been bought with their funds. The group, which has gathered over 2,500 signatures, reportedly made a similar plea to China’s public security ministry.

As reported by Bitcoin.com News, the 61,000 bitcoins were recovered following a 2018 raid on the residence of Jian Wen, a British-Chinese woman, and her employer, Zhimin Qian. While Qian has since vanished, Wen was arrested and a U.K. court recently convicted her on charges of entering into money laundering arrangements.

According to a report by the Financial Times, the group is urging relevant Chinese authorities to engage with U.K. judicial departments and to submit “evidence” supporting their claim to the seized bitcoins. The U.K.’s Crown Prosecution Service (CPS) has reportedly initiated civil proceedings to confiscate the bitcoins.

This process could result in half of the seized bitcoins being allocated to the police and the other half to the Home Office, provided no one comes forward to claim the cryptocurrency. However, in their letter sent to the two Chinese ministries, the victims expressed strong opposition to attempts to transfer ownership of the bitcoins to the UK government.

“There is no time to lose. We do not want, and will never accept, a situation where bitcoins are confiscated by the U.K. and not returned to us,” the fraud victims said.

Chinese authorities have launched a task force in response to a fraud scheme that is believed to have attracted more than 207,000 investors. The task force has reportedly reimbursed victims 8% and 5% of their investment capital, totalling $309 million, from the seized assets of the fraudulent entity.

However, this amount falls significantly short of the more than $6.2 billion lost by investors or the value of recovered bitcoins.

Source: https://news.bitcoin.com/chinese-fraud-victims-seek-government-aid-in-recovering-61000-btc-seized-by-uk-law-enforcement/

Gold (and silver) and Bitcoin are storing value better.

Having some physical precious metals and cash is nice if there is a widespread power outage.

Fiat money is convenient because it's widely accepted.

$10.5 Trillion Asset Manager Blackrock's Spot Bitcoin ETF Now Holds 270K BTC

Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares Bitcoin Trust (IBIT), which has amassed nearly 270K bitcoins.

IBIT Has Amassed Nearly 270K Bitcoins

Blackrock, the world’s largest asset manager, released its financial results on Friday for the first quarter ended March 31, showing a record $10.5 trillion in assets under management (AUM), an increase of $1.4 trillion from the previous year.

The asset manager’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has maintained a dominant position in the U.S. spot bitcoin ETF market. As of April 11, IBIT’s bitcoin holdings stood at approximately 269,314 BTC, with a notional value of over $18.9 billion.

Larry Fink, CEO of Blackrock, recently said that IBIT is “the fastest growing ETF in the history of ETFs.” He added that he is “very bullish on the long-term viability of Bitcoin” and is “pleasantly surprised” by the retail demand for Blackrock’s spot bitcoin ETF.

Last week, Blackrock filed an amendment to its IBIT prospectus, revealing that the fund now has nine authorized participants. They are ABN AMRO Clearing USA, Citadel Securities, Citigroup Global Markets, Goldman Sachs, Jane Street Capital, JP Morgan Securities, Macquarie Capital (USA), UBS Securities, and Virtu Americas.

Blackrock has also filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a spot ether ETF. Despite some optimism surrounding potential SEC approval of spot ether ETF applications by May’s deadline, skepticism is growing. Jan Van Eck, CEO of investment firm Vaneck, recently expressed his doubts, anticipating the rejection of his firm’s application in May.

Moreover, there are reports that the SEC may be trying to classify ether as a security. Fink, however, believes that even if ETH is classified as a security, Blackrock can still launch a spot ether ETF.

On Thursday, financial technology firm and stablecoin provider Circle introduced smart contract capabilities aimed at enabling holders of the Blackrock USD Institutional Digital Liquidity Fund (BUIDL) to exchange their shares for USDC through Circle.

Source: https://news.bitcoin.com/10-5-trillion-asset-manager-blackrocks-spot-bitcoin-etf-now-holds-270k-btc/

Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain

The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest S21 Pro model from Bitmain, which offers 15 joules per terahash (J/T).

Bitmain and Cleanspark Seal Deal for 100,000 High-Efficiency Miners

On Friday, Cleanspark (Nasdaq: CLSK) disclosed that its operations have surpassed a total hashrate of 17 exahash per second (EH/s). Back in January 2024, the company announced the acquisition of 60,000 application-specific integrated circuit (ASIC) bitcoin mining rigs and mentioned its right to purchase an additional 100,000 S21 Antminers at a set price of $16 per terahash. This was prior to the release of the Antminer S21 Pro, known for its enhanced efficiency of 15 J/T.

Cleanspark has amended the deal, enabling the purchase of the S21 Pro units at the unchanged price of $16 per terahash, offering a significant improvement in BTC mining efficiency. The total investment for acquiring these 100,000 Antminers is estimated at $374 million. By opting for the S21 Pro, Cleanspark anticipates a 17% increase in hashrate, approximately an additional 3.4 EH/s compared to the former S21 models.

“Efficiency is the most important variable as we head into the halving,” Zach Bradford, the CEO of Cleanspark commented on Friday. “With the upgrade to the new S21 Pro, we expect that we have cemented our lead as the most efficient publicly traded bitcoin miner at scale in North America. Our extraordinary scale has allowed us to make meaningful gains in our bitcoin production without having to increase the energy use of our data centers.”

Bradford also noted that post-halving, many older and less efficient units will likely be phased out, thus naturally boosting his company’s market share. He pointed out that more efficient machines also reduce the overall energy consumption of the Bitcoin network. According to the agreement, the new S21 Pros are expected to be delivered between June and December 2024.

Source: https://news.bitcoin.com/cleanspark-to-upgrade-mining-fleet-with-100000-s21-pro-bitcoin-miners-from-bitmain/

43 Bitcoin Projects Secure Key Funding in 2024 Attracting Over $127 Million

Since the onset of 2024, the Bitcoin ecosystem has seen an influx of capital flowing into startups. Data gathered by Coin98 Analytics from the web portal crypto-fundraising.info, reveals that over the past few months, 43 Bitcoin-centric projects have secured funding from key investors.

Startups Dedicated to the Bitcoin Ecosystem Gather Significant Capital Injections

A fresh wave of capital is finding its way into the crypto world, with a laser focus on Bitcoin. On April 10, the crypto analytics team from Coin98 Analytics unveiled an infographic illustrating that 43 projects dedicated to the Bitcoin ecosystem have successfully attracted funding from prominent investors. The data was sourced from crypto-fundraising.info, an online portal that highlights fundraising activities in the crypto space.

“43 projects within the Bitcoin ecosystem successfully raised funding from major investors,” the X post said. “Among them, only a few projects have launched tokens, while the rest are promising projects yet to announce tokens. Keep an eye on them”


Infographic shared by Coin98 Analytics
Crypto-fundraising.info data reveals that 43 unique initiatives focusing on Bitcoin have collectively garnered $127.19 million in funding. Take Alpen Labs, for example, which recently emerged from stealth mode and announced a $10.6 million funding round. Similarly, Ordinalsbot secured $3 million in a seed funding round from a select group of investors. In March, Bitlayer attracted $5 million from its investors, while Mezo just recently secured $23 million to further its development on Bitcoin.

The infographic from Coin98 Analytics categorizes these startups into various segments, including layer two (L2) projects such as Bitflow, Chainway, and Merlin Chain. It also showcases wallets like Unisat and Oyl, alongside staking protocols such as Babylon and Bouncebit. Other highlighted areas include gaming, decentralized finance (defi), bridges, APIs, launchpads, and marketplaces for non-fungible tokens (NFTs), among others.

Crypto-fundraising.info also highlights a diverse group of backers for these initiatives, including Castle Island Ventures, Geometry Research, Okx Ventures, Ribbit Capital, Pantera, Framework, Maven Capital, Portal Ventures, UTXO Management, Starkware, and Arrington Capital, among many others. Numerous other Bitcoin-focused ventures have indicated that while their fundraising announcements are pending, they anticipate these developments will occur shortly.

Source: https://news.bitcoin.com/43-bitcoin-projects-secure-key-funding-in-2024-attracting-over-127-million/

Rich Dad Poor Dad Author Robert Kiyosaki Believes Bitcoin Price Will Reach $2.3 Million

Rich Dad Poor Dad author Robert Kiyosaki says he believes that the price of bitcoin will reach $2.3 million, citing a prediction by Ark Invest CEO Cathie Wood. Meanwhile, he said stock, bond, and real estate markets are “set to crash,” and he expects the U.S. to go bankrupt.

Robert Kiyosaki Foresees Bitcoin Hitting $2.3 Million

The author of Rich Dad Poor Dad, Robert Kiyosaki, has reaffirmed his bullish stance on bitcoin. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter. It has been on the New York Times Best Seller List for over six years. More than 32 million copies of the book have been sold in over 51 languages across more than 109 countries.

He explained on social media platform X Wednesday that Ark CEO Cathie Wood has predicted that bitcoin will hit $2.3 million per BTC. “Do I believe her? Yes I do,” the famous author wrote, noting that Wood is “very smart” and he trusts her opinion.

“Could she be wrong? Yes. She could be. So what? The more important question is ‘What do you believe?’ … And most importantly: ‘How many bitcoin do you own?'” he shared, emphasizing that if Wood is right, he would wish that he bought more BTC. Nonetheless, he stressed:


“I suggest ‘Live dangerously.’ If you can afford $.01 bitcoin… you will be better educated, smarter, wiser when it comes to bitcoin,” he opined.

Wood and her asset management firm, Ark Invest, have made a bullish BTC price prediction that is even higher than what Kiyosaki quoted. “We put our bull case for bitcoin at $1.5 million,” the Ark CEO recently said, adding that “If institutional investors were to allocate a little more than 5% of their portfolios to bitcoin, that alone would add $2.3 million” to her firm’s $1.5 million projection.

In addition to the surging demand for spot bitcoin exchange-traded funds (ETFs), Wood recently highlighted other factors that are driving the price of bitcoin higher. She said the cryptocurrency is a hedge against currency devaluations and wealth erosions. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she detailed, attributing the recent bitcoin price surge to a “flight to safety.”

Kiyosaki has also repeatedly warned about markets crashing. “The Everything Bubble, stocks, bonds, real estate set to crash. U.S. debt increasing by $1 trillion every 90 days. U.S. bankrupt. Save yourself. Please buy more real gold, silver, bitcoin,” he wrote on X Sunday.

Last week, he responded to a prediction by economist Harry Dent stating that the price of bitcoin could crash to $200. “If bitcoin drops to $200 per coin I will buy as many coins as I can,” he affirmed. The renowned author has also ramped up his advice for investors to ditch the U.S. dollar to buy bitcoin alongside gold and silver. He sees BTC as the perfect asset at the right time while the USD is a “giant Ponzi scheme.” Earlier, Kiyosaki predicted that the price of bitcoin would hit $100K by September, advising people to pay attention to the halving. He also stated that BTC is headed for $300K this year.

Source: https://news.bitcoin.com/rich-dad-poor-dad-author-robert-kiyosaki-believes-bitcoin-price-will-reach-2-3-million/

US Senator Says 'So Much Appeals to Me About Bitcoin'

U.S. Senator Marsha Blackburn has revealed that there is “so much that appeals” to her about bitcoin. She explained that as we move forward and people are more comfortable with the cryptocurrency, “there will be more transactions in your daily life where bitcoin is accepted as a form of payment.”

Senator Blackburn on Benefits of Bitcoin

U.S. Senator Marsha Blackburn (R-TN), a consumer rights and privacy advocate, answered some questions about bitcoin in a fireside chat at Bitcoin Policy Summit on Tuesday.

The senator was asked what appeals to her about Bitcoin, considering her background in advocating for consumer rights and privacy. She replied:


“First of all, when you talk about freedom and you talk about privacy, Bitcoin allows that for individuals,” she described, adding: “Also, the decentralized nature of it — no government interference — and that is important to people.”

Senator Blackburn brought up Afghanistan as an example where some people are “less trusting of government structures” and “less trusting of Fiat currencies,” she detailed. “They want something that is going to be a good solid store of value. This is a great option for them … People want to be able to have that control over the use of their currency.” The lawmaker from Tennessee continued: “When you look at the facts that there is an ease of use to bitcoin, that is something else that people like.”

She further shared: “One of the hot issues on Capital Hill right now is increasing the processing fees for credit cards. And people are beginning to look at how expensive it is to use credit cards. So this provides them another option where they’re not burdened with having to pay that swipe fee.”

Noting that she has “worked for years on the issues of consumer rights and consumer protection,” the senator stressed that bitcoin “is a really good solid option.” She concluded:


Source: https://news.bitcoin.com/us-senator-says-so-much-appeals-to-me-about-bitcoin/

Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is 'Unstoppable'

Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations.

Two Pieces of Legislation Could Provide Greater Clarity in Digital Assets

Congressman Patrick McHenry (R-NC) discussed bitcoin and crypto legislation in a fireside chat at the Bitcoin Policy Summit 2024 on Tuesday.

He began by highlighting the unstoppable nature of Bitcoin, pointing out that “Even the Chinese Communist Party that tried to shut down Bitcoin couldn’t.” Noting that Satoshi Nakamoto brought Bitcoin into this world, the lawmaker emphasized:


“So, it is an unstoppable piece of technology that I’m trying to convince policymakers on the Hill to embrace and for the United States to be leaders in rather than fall behind,” McHenry stressed.

“We need the United States to be leaders in this generation of technology rather than falling behind,” the congressman continued. He then outlined what the U.S. must do to become a leader in the crypto industry. “First, there’s no definition. We have IRS putting out rulings on the tax consequences of owning bitcoin,” he said, adding:


McHenry, chair of the House Financial Services Committee, then highlighted two bipartisan bills passed by his committee last year.

The first bill he mentioned was the FIT for the 21st Century Act, which passed out of the committee in July last year. “Number one is the FIT 21 Act, authored and led by [Congressman] French Hill, which provides that clarity of the definition of a digital asset,” McHenry described, elaborating: “It would state clearly what is a commodity, what is a security, and for digital assets, it would create a means of exchange.”

The second bill was the Clarity for Payment Stablecoins Act, which the House Financial Services Committee also passed in July last year. “We have a second piece of legislation that provides clarity on what is a stablecoin under a federal regime, modeled after the New York State law defining a stablecoin,” McHenry explained, elaborating:


The Congressman emphasized these bills aim to “put the U.S. back in the game” in both Bitcoin and the “broader set of digital assets.”

Source: https://news.bitcoin.com/lawmaker-highlights-2-bills-to-make-us-a-crypto-leader-says-bitcoin-is-unstoppable/

Next Bitcoin Halving to Propel Prices to Between $150,000 and $169,000, Says Bitfinex

A new analysis by Bitfinex researchers predicts a 160% surge in bitcoin’s price in the upcoming 12-14 months, potentially reaching over $150,000 per unit. This forecast, derived from historical data and statistical models related to previous Bitcoin halving events, suggests a bullish future for the world’s leading digital currency.

Bitfinex Researchers See Bitcoin Soaring Past $150,000 in 12-14 Months

Bitfinex’s Alpha report delves into Bitcoin’s past halving events since the first one in 2012, employing a regression model to forecast the potential impact of the upcoming halving. Despite acknowledging the simplicity of their model, researchers argue for a significant upswing in bitcoin’s value, projecting it to hit between $150,000 and $169,000. This optimistic outlook is tempered by the recognition of unprecedented market dynamics, such as pre-halving all-time highs and increased selling pressure from both long-term and short-term BTC holders.

The Alpha report states:


The report highlights the consolidation phase BTC is currently experiencing, with prices fluctuating between $65,000 and $71,000. This period of volatility is punctuated by significant buying activity from short-term holders, including new spot buyers and U.S. spot exchange-traded funds (ETFs), which have absorbed nearly 900,000 BTC released by long-term holders since the start of the year. This shift underscores the evolving dynamics of bitcoin ownership and the growing influence of institutional investments on its market price.

Adding a layer of complexity to bitcoin’s trajectory are broader macroeconomic indicators. The Alpha report points to robust job market growth and wage increases in the U.S., which could influence the Federal Reserve’s interest rate decisions. Such economic conditions, coupled with Federal Reserve Chair Jerome Powell’s recent statements on inflation and monetary policy, provide a backdrop against which BTC’s post-halving performance must be considered.

Beyond the U.S. market, Bitfinex’s analysis touches on global developments affecting the cryptocurrency space, such as South Korea’s impending stricter regulations for crypto exchanges and Australia’s steps toward launching its first bitcoin ETF. These international movements, alongside innovations in banking services for stablecoin issuers in Hong Kong, reflect a maturing market increasingly influenced by regulatory and institutional actors.

“The decision to list the ETF on Cboe Australia is seen as providing greater confidence to regulators that the fund will be trading on an exchange that is part of Cboe Global Markets, one of the best known international markets,” Bitfinex researchers conclude.

Source: https://news.bitcoin.com/next-bitcoin-halving-to-propel-prices-to-between-150000-and-169000-says-bitfinex/

Coinbase Anticipates Bitcoin Dips to Be 'More Aggressively Bought' Than Previous Cycles

Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of U.S. spot bitcoin exchange-traded funds (ETFs) and the larger inflow of institutional demand can be seen in the open interest of bitcoin futures.

Coinbase’s Bitcoin Outlook

Coinbase Institutional’s research team discussed various topics, including bitcoin and the impact of spot bitcoin exchange-traded funds (ETFs), in their latest Weekly Market Commentary, published Friday.

“In our view, bitcoin’s increased acceptance as a form of ‘digital gold’ could enable demand from a new subset of investors in this market regime,” the crypto firm stated, elaborating:


Moreover, Coinbase noted that bitcoin’s broader access to capital as a result of the launch of U.S. spot bitcoin ETFs “could also contribute to dampened volatility (relative to previous cycles) in our view.”

The crypto exchange continued:


Coinbase highlighted that the CME bitcoin futures open interest at $9.9 billion has surpassed that of any single centralized exchange (CEX) and accounts for more than one third of the entire bitcoin futures market (including both perpetual and fixed futures).

“In our view, the capital unlocked by the ETFs perhaps represents the most fundamental shift in market structure between the previous 2020-21 cycle and today. These capital unlocks, coupled with the upcoming Bitcoin halving (estimated to occur on April 20-21 subject to variations in network hash rate) and other positive catalysts, make us still largely constructive in our view throughout Q2,” the crypto exchange detailed.

Source: https://news.bitcoin.com/coinbase-anticipates-bitcoin-dips-to-be-more-aggressively-bought-than-previous-cycles/

Ark CEO Cathie Wood Sees Bitcoin as a Hedge Against Currency Devaluations and Rogue Regimes

Ark Invest CEO Cathie Wood sees bitcoin as a hedge against currency devaluations and wealth erosion. “I think this is an insurance policy against rogue regimes or against just horrible fiscal and monetary policies,” she explained, attributing the recent bitcoin price surge to a “flight to safety.”

‘I Think This Is a Flight to Safety’

The CEO of asset management firm Ark Invest, Cathie Wood, shared her perspective on bitcoin in an interview with CNBC last week.

Discussing why the price of bitcoin surged “dramatically,” the Ark Invest CEO highlighted that “There’s something else going on around the world” besides the impact of spot bitcoin exchange-traded funds (ETFs). “There are currency devaluations taking place that people are not talking about. The Nigerian naira is down 50%-60% in the last nine months, Egypt just devalued by 40%, Argentina continuing to devalue,” she detailed.

Wood opined:


“And we saw this even here last year in the United States,” she noted, adding: “Regional banks imploded, bitcoin went up 40%.”

Emphasizing that “Bitcoin does not have counterparty risk,” Wood explained that the cryptocurrency is both a risk-on and a risk-off asset.

The Ark Invest chief concluded:


Wood said earlier this year that based on her firm’s research, “the probability of the bull case has increased” for BTC with spot bitcoin ETF approvals. “Our bull case is $1.5 million by 2030,” she affirmed. Ark Invest’s February “Big Ideas 2024” report identified four key catalysts for bitcoin’s price growth this year: spot bitcoin ETFs, the upcoming Bitcoin halving, regulatory developments, and institutional acceptance.

Source: https://news.bitcoin.com/ark-ceo-cathie-wood-sees-bitcoin-as-a-hedge-against-currency-devaluations-and-rogue-regimes/

Stimmt natürlich. Geräte zur Ultraschalldickemessung und zur Messung der Leitfähigkeit von Metallen gibt es aber diese sind teurer und es lohnt sich eher nur wenn man schon zahlreiche Unzen kauft oder man diese von jemanden ausleihen kann.

Ich denke ein bisschen würde man da auch merken ob die Person sehr unseriös wirkt oder beim Säuretest nervös wird (weil man eventuell noch was anderes testet)

Eine relativ günstige Variante ist ein Säuretestkit. Hab so eins um so €74,90€ - das ist es wohl Wert zu wissen ob es echt ist. Kann man natürlich auch für Silber und Platin verwenden.

Richtig.

Ein Beispiel:

- 1 Bitcoin bei $20000 gekauft
- 0.5 Bitcoin bei $60000 verkauft
- von den $30000 die Steuer abgeführt (wären bei mir in Österreich 27.5%)
- mit den $21750 dann Gold kaufen

So hätte man dann (bei Beachtung der Verkaufskosten und Anschaffungskosten des Golds, sowie der Steuer bei einem möglichen Verkauf der Coins) ungefähr den ursprünglichen Wert auf 2 Assets. Mag sein, dass bei Gold und Silber in nächster Zeit keine große Preisrally zu $100,000 vorkommt doch es verhält sich ziemlich Inflationssicher, wenn man es über mehrere Jahre behält. Würde raten den Preis pro Unze zu beachten und physisches Gold oder Silber zu nehmen!

Coinbase Reaches 'Crucial Milestone' in Canada With Restricted Dealer Registration

Cryptocurrency exchange Coinbase has announced that it has reached “a crucial milestone” in Canada by obtaining registration as a restricted dealer in the country. “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has the potential to be a leader in the global cryptoeconomy,” Coinbase noted.

‘Crucial Milestone in Coinbase’s Journey in Canada’

Crypto exchange Coinbase (Nasdaq: COIN) announced last week that it has obtained registration as a restricted dealer in Canada. “Today we’re excited to share a crucial milestone in Coinbase’s journey in Canada,” the crypto exchange wrote, elaborating:


“This milestone, following our formal launch in August 2023, reinforces our commitment to Canada as a Go Deep market,” Coinbase added. The crypto firm outlined the specific requirements it must meet as a restricted dealer in Canada here.

Coinbase also shared the results of a new survey it conducted in partnership with Angus Reid, which found that “72% of Canadians think that the regulation of cryptocurrency exchanges is important,” the crypto firm stated. “Nearly a third of Canadians (29%) said they would be more inclined to buy cryptocurrency if there was more regulation in the industry.”

Moreover, among those who did purchase cryptocurrencies, “nearly half (49%) said they were driven by their curiosity in digital assets, while 39% said they wanted to diversify their investments and just over half (53%) said they were interested in investing to make money,” the exchange detailed.

Coinbase explained that its Canadian commitment “stems from a significant opportunity for the cryptocurrency market to grow and thrive in Canada.” The crypto platform emphasized: “Ranked as Coinbase’s third-most crypto-aware nation globally, Canada boasts an enthusiastic tech ecosystem that has the potential to be a leader in the global cryptoeconomy.” Coinbase noted:


Source: https://news.bitcoin.com/coinbase-reaches-crucial-milestone-in-canada-with-restricted-dealer-registration/

Nice auction. Good luck.

Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia

Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint in Asian markets.

Monochrome’s Commitment to Investors Evident in Application Transfer

Monochrome Asset Management, an investment management firm based in Australia, announced on April 5 that it had transferred its application for its flagship bitcoin exchange-traded fund (ETF) to Cboe Australia. The firm views this move as a testament to its “commitment to providing investors with secure, accessible, and innovative investment products.”

In a statement, Monochrome expressed that moving the application to Cboe Australia, an alternative trading platform to the Australian Securities Exchange, is in line with its objective of expanding its presence in Asian markets.

Jeff Yew, CEO of Monochrome, commented on the firm’s application to Cboe Australia, saying:


Yew added that the quotation from Cboe would enrich our product offering and cement Monochrome’s foothold in the Asia-Pacific region. According to the statement, Monochrome’s Bitcoin ETF is the only one in Australia that permits the direct holding of Bitcoin.

According to a report, Australian firms seeking to list a crypto ETF must first receive approval from the Australian Securities & Investments Commission (ASIC) before applying for a listing on an exchange. Reportedly, Monochrome has been given the green light by the ASIC and is now awaiting the decision from Cboe Australia.

Meanwhile, Yew reportedly said he expects Cboe Australia to make its decision sometime before mid-year.

Source: https://news.bitcoin.com/australian-asset-management-firm-transfers-bitcoin-etf-application-to-cboe-australia/

Bitcoin.org Owner Cobra Predicts Next Bitcoin 'Great Divide'

Cobra, the pseudonymous owner and operator of Bitcoin.org, has predicted the next divide that will plague the Bitcoin ecosystem in the coming times. Cobra explained in social media that this conflict will face ossificationists (people that want Bitcoin to stay as it is), and improvers, who want Bitcoin to improve its focus and functionality.

Cobra Predicts New Bitcoin Conflict

Cobra, the pseudonymous owner of the Bitcoin.org domain, has anticipated what might be the next conflict in the Bitcoin arena. According to him, a conflict that will face two sides to change the face of Bitcoin’s scope and focus is looming and might develop soon.

Cobra believes that this new battle for Bitcoin will face a party that seeks to maintain Bitcoin as it is and another that will seek to evolve Bitcoin to include more features to enhance Bitcoin’s features and functionality.

He classified the first party as “ossificationists,” striving to enable the solidity of the network through stability; and the second party as “improvers,” chasing the evolution and improvement of the network through constant change.

Cobra did not specify if he favored one side or the other. He stated:


However, he did state that taking the middle road and trying to experiment with Bitcoin while at the same time striving to maintain the core network unchanged would not work in the long road. “The failure of those experimental components would undermine the entire system. Sure, some protocols can have quirky parts, but not money,” he stressed.

Cobra recognized that ossification would also present problems, as not improving had associated risks. “For example, if there are any cryptographic weaknesses discovered they would need to be fixed,” he detailed.

Before, he had alerted about a leadership crisis in Bitcoin, acknowledging that Bitcoin needed “some kind of revival” because it lacked a unified vision.

Source: https://news.bitcoin.com/bitcoin-org-owner-cobra-predicts-next-bitcoin-great-divide/

Paraguayan Lawmakers Introduce Bill to Temporarily Pull the Plug on Bitcoin Mining Operations

A group of Paraguayan lawmakers is spearheading a bill that seeks to enact a temporary ban on cryptocurrency mining operations in Paraguay for 180 days or until the industry’s activities are properly regulated. The bill alleges that 28% of the energy losses of the National Power Administration (ANDE) correspond, in part, to illegal bitcoin mining connections.

Paraguayan Bill Seeks To Enact Temp Ban On Crypto Mining Operations

Paraguay is shifting its view on cryptocurrency and cryptocurrency mining. A group of Paraguayan lawmakers introduced a bill that seeks to temporarily ban cryptocurrency mining operations in the country due to its intensive use of electric energy.

The bill, introduced to the National Congress on April 3, proposes enacting a 180-day ban on the operation and installation of cryptocurrency mining farms and other operations involving cryptocurrency assets. This ban could be extended until a law that regulates these activities is enacted.

In the first article, the document details the activities falling under its scope. It states:


Illegal cryptocurrency mining operations have originated significant economic losses for the National Power Administration (ANDE). According to the bill, only in the department of Alto Parana, these operations could cause losses of $60 million in 2024. Lawmakers have also linked recent energy blackouts to illegal cryptocurrency mining operations, which impact the lives of Paraguayans.

The suspension of cryptocurrency mining activities would guarantee fair access to power for all Paraguayans, allowing the country to adequate its grid to manage this intensive power draw. The bill argues that suspending this activity until “an adequate power supply can be guaranteed and can handle this additional demand without interruptions in service to other users” is the decision to make.

If the bill is passed, legal miners in the country will face an uncertain destiny. Joaquin Morinigo, founder and CEO of crypto consulting company Cryptopy, revealed that formal mining operators had paid the ANDE over $30 million to guarantee the power delivery to 5 unnamed sites. Worried about the outcome, he declared:


Global bitcoin mining companies like Bitfarms and Pow.re have reported having commenced construction of data centers in Paraguay. If the bill gets passed, these operations could be affected.

In March, ANDE, the Supreme Court, and the Department of Justice convened on a joint framework to deal with power theft linked to illegal cryptocurrency mining.

Source: https://news.bitcoin.com/paraguayan-lawmakers-introduce-bill-to-temporarily-pull-the-plug-on-bitcoin-mining-operations/