Author: James Wilson

Robert Kiyosaki said current economic pressure reflects changes that began in the 1970s.  Summary Kiyosaki said 1974 policy shifts still shape debt, inflation, retirement pressure, and demand for Bitcoin. He warned baby boomers may face retirement income gaps as pensions gave way to market-based accounts. Santiment data showed Bitcoin bearish sentiment rose, while contrarian traders watched fear levels for reversal signs. Robert Kiyosaki said 1974 marked a major shift in how money and retirement worked in the United States. In a post on X, he wrote that “the future created in 1974 has arrived” and tied today’s financial stress to…

Bitcoin is showing mixed signals as on-chain data points in two different directions.  Summary CryptoQuant said record Bitcoin inflows to accumulation addresses showed whales were quietly building positions daily. XWIN Research Japan said STH-SOPR near one showed short-term holders were selling at losses. Negative Coinbase Premium showed weak US demand, keeping Bitcoin bottom confirmation out of reach now. CryptoQuant analyst CW8900 said Bitcoin inflows to accumulation addresses are setting new records each day. The analyst said a large amount of BTC is moving into these wallets even as the market trades in a sideways range. According to CW8900, whale activity…

Peter Schiff has renewed his criticism of Bitcoin by questioning its long-term value as an investment.  Summary Peter Schiff: Bitcoin gained 12% in five years, trailing gold, silver, Nasdaq, and S&P 500. Michael Saylor said Bitcoin has outperformed assets since August 2020, arguing time frame changes comparisons. Santiment data showed Bitcoin bearish sentiment reached late-February highs, with ratio at 0.81 in comments. In a post on X, he compared Bitcoin’s five-year return with gains in the Nasdaq, S&P 500, gold, and silver. His remarks framed the debate around whether Bitcoin still offers a stronger long-term case than traditional assets. Peter…

Bitcoin drew mixed public views after new comments from market observers focused on long-term performance and price structure.  Summary Adam Livingston said Bitcoin trades 0.94 sigma below center as price structure tightens around power law. Livingston said Bitcoin’s historical trading range compressed sharply, with crashes and blowoff tops becoming less extreme. Peter Schiff said Bitcoin gained 12% in five years, trailing stocks, gold, and silver. Adam Livingston said Bitcoin’s recent price action shows a more stable pattern. In a post on X, he wrote that the asset’s oscillations are “dampening” and that the “funnel is closing.” He said this pattern…

XRP fell to fifth in crypto market cap rankings as BNB moved ahead, with weekly ETF outflows and a seven-month slide weighing on price now. Source link

Bitcoin (BTC) traded near $66,749 at press time, while market activity stayed muted across major digital assets.  Summary Bitcoin traded near $66,749 as low volatility and weak liquidity kept traders watching for moves. Analyst Michaël van de Poppe said Bitcoin may sweep liquidity before a fast recovery upward. EGRAG CRYPTO said past Bitcoin cycle bottoms often reached the 1.618 Fibonacci zone before rebounding. The asset was down slightly in the past 24 hours, while seven-day gains stood at 0.81%. Daily trading volume reached $19.67 billion. That price action came during a period of weak movement in the market. Analysts tracked…

Drift Protocol said the April 1 attack on its platform followed months of planning and social engineering.  Summary Drift said attackers spent six months building trust before using malicious tools to breach contributor devices. The exchange linked the exploit with medium-high confidence to actors behind Radiant Capital’s October 2024 hack. Drift said repeated in-person contact at crypto events helped attackers study contributors and gain access. The decentralized exchange linked the case to a group that spent time building trust with contributors before sending malicious tools and links. External estimates put the loss at about $280 million. Drift Protocol said its…

President Donald Trump submitted a $1.5 trillion defense spending request for fiscal year 2027 on Friday — the largest military budget proposal in U.S. history, a roughly 40% increase over current funding levels, arriving in the fifth week of the U.S.-led war against Iran. Summary Trump’s FY2027 budget seeks $1.5 trillion in defense spending, the proposed largest year-over-year increase in the post-WWII era, according to nonpartisan fiscal analysts The plan pairs the defense surge with $73 billion in domestic cuts targeting health research, education, renewable energy, and community development programs Non-defense discretionary spending would be cut by 10%; the proposal…

Leap Wallet will shut down its products by May 28, ending a crypto wallet project that began in the Terra ecosystem and later expanded to Cosmos and other chains.  Summary Leap Wallet will shut down its apps, web platform, exchange tool, and validator service by May 28. Users can still access assets through another wallet using their recovery phrase or private key. Leap began in Terra and expanded into Cosmos after the 2022 collapse changed its path. The closure affects its browser extension, mobile apps, web app, exchange tool, and validator service. Leap said on Friday that it plans to…

Two U.S. military aircraft were shot down in separate incidents during combat operations over Iran on April 3 — an F-15E Strike Eagle and an A-10 Thunderbolt II — with a search-and-rescue operation still ongoing for one missing crew member as Operation Epic Fury approaches its sixth week. Summary Iran shot down a U.S. F-15E Strike Eagle on April 3; one of the two crew members was rescued, the other remains unaccounted for An A-10 Thunderbolt II dispatched during the rescue effort was also struck by Iranian fire; the pilot ejected and was subsequently recovered The incidents directly contradict recent…