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The days of the US dollar are numbered, per Tim Draper, a renowned venture capital investor and a billionaire. Draper, in his latest interview, predicted the demise of the US dollar, stating that the future may not favor the currency well. As the world economy consistently pivots towards a multipolar currency world, here’s how the US dollar may continue to fall, overpowered by newer assets with solid backing and strategic plans. Also Read: Bitcoin: Standard Chartered Says US Dollar Fall May Fuel New BTC Rally Draper Warns of US Dollar Demise Source: Watcher Guru Draper, in his recent interview, shared how the US dollar is heading for its demise, overpowered by forces like Bitcoin and digital assets that are here to stay for the long haul. Draper later predicted BTC’s price for the year-end, adding that the asset has the potential to hit $250K by the end of 2025. “The price of Bitcoin, I did say, will be $250,000 by the end of the year. But you go out ten years, and the answer is i...

The world’s largest cryptocurrency, Bitcoin (BTC), has been compared time and again to gold. Both these assets share similar properties, which has further pushed the community to call Bitcoin “digital gold.”ve a limited supply. While Bitcoin has a supply of 21 million coins, gold is a finite resource that is expensive to mine. The duo is considered a store of value asset, like BTC and gold, and a prominent hedge against inflation. Investors compare these assets to see which is safer and more rewarding. On one hand, Gold has been considered a fairly safe asset with low volatility. Bitcoin, on the other hand, has seen a significant increase in recent years but has only recently begun to emerge from its infancy. Also Read: De-Dollarization: New Country Joins New Development Bank (NDB) to Drop US Dollar Bitcoin vs Gold Charts Source: Watcher Guru Bitcoin has witnessed impeccable growth over the past couple of years. The asset managed to reach an all-time high of $111,970.1...

Leading venture capitalist Tim Draper weighed in on the financial pros and cons of Bitcoin and the US dollar. He opined that BTC would have more value than the USD in the future as trust in fiat currencies is eroding. The Federal Reserve is printing billions worth of bills every year and pushing them to circulation both in the homeland and overseas. The US dollar being imported funds its deficits while other countries bear the risk of inflation through it. Also Read: Shiba Inu: The Price SHIB Must Reach to Make $1,000 Turn to $1 Million Venture Capitalist Explains Bitcoin Has More Power than the US Dollar Source: News.Bitcoin.com Draper explained that Bitcoin could win in the long run as the US dollar is being manipulated by the government and the Feds. He stressed that BTC is transparent and no entity or government can control the blockchain technology. “Bitcoin might be worth an infinite amount of USD,” he said. Also Read: PEPE Hits Key Bollinger Zone: Another 20% Rally I...

A new Analysis by the prestigious Bank of America has revealed compelling insight. The bank has shared how gold has defeated the euro to emerge as the second-largest central bank reserve asset. With the current geopolitical changes, Gold is surging at a record pace, marching aggressively towards $3000. If the market favors the yellow metal, it may soon surpass leading assets and spark a massive price rally. Also Read: ChatGPT Predicts XRP’s Price Post Ripple ETF Launch Euro vs. Gold – Which Is The Best Investment? Source: iStock The analysts at Bank of America have shared how gold has surpassed the euro as the second-largest asset for banks worldwide to hoard. With the central bank gold buying spree that thrived this year, gold reserves in world banks have reached their peaks, with the yellow metal holding up a nearly 16% share as a leading central reserve asset. At the same time, the US dollar reserve share value has dropped significantly. The USD reserve share dropped 58% as Ea...

The financial markets thrive on investment ideas and possibilities concerning the next asset that may break out to win the ultimate race of profitability. The US dollar stands at a weak price pedestal, with the recent interest rate cuts wreaking havoc on its value. Gold and Bitcoin are speculated to rise high on the radar, helping investors gain steady momentum. Let’s explore which asset is the next best purchase for investors in the long haul. Also Read: Ripple To Break Consolidation? When Will XRP Claim Its $0.74 Level? US Dollar, Bitcoin, Or Gold: Status Update The US dollar is currently at a fragile threshold and is speculated to dip further down the line. The speculations concerning another interest rate cut looming over are also responsible for adding more pressure to the US dollar. At the same time, Bitcoin is currently sitting at $63K, with forecasts supporting its inevitable rise to $82K by the end of October 2024. Market patterns usually suggest that Bitcoin is also cons...

Financial educator and author Robert Kiyosaki has doubled down on his support for Bitcoin (BTC), this time offering insights into why the maiden cryptocurrency will likely see a price explosion.  Kiyosaki, the author of the best-selling personal finance book Rich Dad Poor Dad , noted that Bitcoin, as well as precious metals such as gold and silver, will likely rally due to the upcoming Federal Reserve monetary policy, he said in an X post on September 15 The investor argued that when the Fed eventually cuts interest rates, the flow of money will shift from what he termed as “fake assets” like U.S. bonds to “real assets” such as gold, silver, real estate, and Bitcoin. In his view, investors holding the assets will likely get richer.  Picks for you Here’s Bitcoin’s trading plan for this week; Interest rate cut incoming ...

Taking a somewhat unconventional approach to investing, Robert Kiyosaki, author of the finance book “Rich Dad, Poor Dad,” prefers investing in cryptocurrencies and commodities such as gold and silver to traditional stock market investing. Even there, his approach differs from the traditional “buy the asset for a profit,” instead, Kiyosaki prefers to view his investments as a hedge against inflation and the losing value of the U.S. dollar. MONEY is an interesting subject. Everyone in the modern world uses money…regardless if they earn the money or not. If you are born into a rich family…you may be lucky….yet history shows many family fortunes are gone by the third generation. I began studying money when I… — Robert Kiyosaki (@theRealKiyosaki) July 28, 2024 What might surprise investors is that “Rich Dad” decides to invest directly in commodities production, such as investments in oil wells, gold, and silver mines. ...

Taking a somewhat unconventional approach to investing, Robert Kiyosaki, author of the finance book “Rich Dad, Poor Dad,” prefers investing in cryptocurrencies and commodities such as gold and silver to traditional stock market investing. Even there, his approach differs from the traditional “buy the asset for a profit,” instead, Kiyosaki prefers to view his investments as a hedge against inflation and the losing value of the U.S. dollar. MONEY is an interesting subject. Everyone in the modern world uses money…regardless if they earn the money or not. If you are born into a rich family…you may be lucky….yet history shows many family fortunes are gone by the third generation. I began studying money when I… — Robert Kiyosaki (@theRealKiyosaki) July 28, 2024 What might surprise investors is that “Rich Dad” decides to invest directly in commodities production, such as investments in oil wells, gold, and silver mines. ...

2024 has proven to be a highly profitable year for investors in the stock and cryptocurrency markets. Aside from them, gold has reached its all-time high, and silver is trading in the green, making it an opportune time to consider investing. One of their staunch supporters and investors is Robert Kiyosaki, a famous finance author who has spent his career advocating against fiat money and proposing alternative ways of investment, calling them “real assets.”  Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have found their place in his portfolio. Picks for you Ethereum Rainbow chart predicts ETH price for 2025 2 hours ago 2 cryptocurrencies to reach $50 billion market cap in September ...

Within the digital asset market, one of the most important aspects of cryptocurrencies is the reserve status and backing of these assets. The worth of this new currency wave is only as solid as the foundation on which it is built. Subsequently, in this guide , we will answer the question of whether or not XRP is backed by GOLD . There is no doubt that gold is still one of the most important investment assets on the market. In 2024, the metal reached landmark figures throughout the year, while it settled at a new all-time high above $2,400 in April. Therefore, it is closely connected to digital assets as some of the most popular investment opportunities for traders. Source – StormGain Also Read: Can Ripple (XRP) Hit $1 This Weekend? Conversely, Ripple (XRP) is a cryptocurrency that has skyrocketed in popularity in recent years. Although it is currently only trading at less than $0.50 according to CoinMarketCap, it holds tremendous value. that is seen in its market cap f...

Amid impressive performance from the asset throughout 2023’s final few months, the GOLD price forecast has officially been upgraded to $2200 for 2024. Indeed, the metal set a new all-time high in December, reaching $2150. Despite a price correction taking away gains in recent weeks, it is poised to continue an upswing come January. Many experts have predicted that monetary policy action in the coming year will contribute to its positive direction. Indeed, the Federal Reserve has hinted at various interest rate cuts coming throughout next year. Therefore, many expect continued uptrends to be in store for GOLD . Also Read: Gold Price to Surpass $2050 as No Downward Corrections in Sight Gold Forecast for 2024 Upgraded to New All-Time High The past year has certainly been a good one for a host of investment assets. Bitcoin and other cryptocurrencies have seen tremendous upward swings over the last few months. Moreover, GOLD has followed, reaching new heights throughout ...