Bitcoin Updates Today: Kiyosaki Turns Bitcoin Profits into Ongoing Income, Living by His Own Advice
- Robert Kiyosaki sold $2.25M in Bitcoin at $90,000/coin, reinvesting in surgical centers and billboards for tax-free income. - He aims for $27,500 monthly cash flow by 2026, aligning with his passive-income strategy while maintaining Bitcoin's $250K/2026 price target. - Bitcoin's 33% drop from $126K peaks reflects broader market slump driven by Fed rate uncertainty and offshore trading pressures. - Kiyosaki advocates gold/silver and warns of systemic risks, contrasting with analysts who see intact fundame
Robert Kiyosaki, well-known for his book Rich Dad Poor Dad and his ongoing support of
The money from the Bitcoin sale is being redirected into two surgical clinics and a billboard advertising company, which Kiyosaki estimates will yield $27,500 in monthly tax-free income by early 2026
This sale comes at a time when the broader market is experiencing a slump. Since peaking at $126,000 in October, Bitcoin has dropped more than 33%, briefly falling below $80,000 in early November
Reactions to Kiyosaki’s move have been mixed. Some interpret it as a wise step to secure steady income during uncertain times, while others view it as a sign of caution. His decision also mirrors a larger pattern of both institutional and individual investors locking in profits as Bitcoin’s typical four-year cycle shows signs of weakening
Outside of Bitcoin, Kiyosaki has continued to voice contrarian opinions during the market decline. He has recently cautioned about an impending "largest crash in history" affecting global financial systems, advising investors to consider gold, silver, and
The crypto sector remains deeply divided. While Kiyosaki and others, such as Peter Brandt, predict long-term growth for Bitcoin, short-term obstacles remain. Massive withdrawals from Bitcoin ETFs and ongoing forced sales highlight current market stress, though analysts at Bitfinex maintain that the underlying fundamentals are still strong
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Today: Ethereum's Recent Overselling: Is a Recovery Imminent or Will the Decline Continue?
- Ethereum faces mounting bearish pressure amid crypto market selloff, with technical indicators and extreme fear metrics signaling a stretched downtrend. - Market capitalization dropped 8% in 24 hours, Bitcoin dominance rose to 56%, while ETH trades below key EMAs with an oversold RSI of 27. - Binance confirms "Strong Sell" signals for ETH/USD, with 12 bearish moving averages and a 14-day RSI of 30.48 reinforcing the negative bias. - DeFi liquidity crisis ($12B idle assets) and a Fear & Greed Index at 14
Blockchain’s Evolving Foundations: Institutional Embrace Fueled by Governance and Privacy
- Tezos (XTZ) shows steady recovery via governance-driven upgrades, regaining $0.60 support amid growing institutional altcoin interest. - Zero Knowledge Proof (ZKP) gains traction with privacy-focused tech, $100M engineering investment, and transparent ICA token distribution. - Both projects highlight blockchain 3.0 priorities: Tezos emphasizes forkless governance adaptability, ZKP advances verifiable privacy infrastructure. - Analysts project XTZ reaching $1.20 by 2026 through RWA partnerships, while ZKP
Beehiiv: The Platform Powering the Professional Creator Ecosystem
- Beehiiv CEO Tyler Denk positions the platform as an "operating system" for professional creators, integrating email, analytics, and multi-format content delivery. - The strategy addresses industry trends toward community engagement and diversified revenue, aligning with McKinsey/Nieman Lab insights on scaling beyond hobbyist models. - By reducing take rates and prioritizing operational efficiency, Beehiiv challenges niche platforms while competing with Substack in the professionalization-driven creator e
Ethereum Updates Today: BitMine's ETH Acquisition: A 'Hotel California' Bet Despite $4.18B in Losses
- BitMine buys $60M in Ethereum despite $4.18B unrealized losses, expanding its 3% ETH treasury amid market volatility. - Company launches MAVAN staking network and declares $0.01/share dividend, aiming to create recurring revenue from ETH staking. - Stock drops 52% vs. ETH's 28% decline as analysts warn DAT models face liquidity risks and "Hotel California" exit challenges. - CEO Tom Lee remains bullish on ETH's long-term recovery, citing historical V-shaped rebounds post-liquidity shocks like FTX collaps
Trending news
MoreCrypto prices
More
