U.Today – Here are the top three news stories presented by U.Today.
The author of the book “Rich Dad Poor Dad” gives the easiest way to become a millionaire
Robert Kiyosaki, an American businessman and author of the financial bestseller “Rich Dad Poor Dad”, in his latest post on X revealed the “easiest” way to become a millionaire. Kiyosaki wrote that he knows the hardships of making millions as an entrepreneur and that’s why he’s saving now. “Bitcoin does all the hard work for me. That’s why I love Bitcoin,” he wrote in the summary of his post. However, some of Kiyosaki’s supporters pointed out that it is almost impossible for an ordinary person to become a millionaire using Bitcoin due to the high price of the flagship cryptocurrency. At the time of writing, BTC is trading at $69,933 according to CoinMarketCap.
presents an important initiative for Japan and South Korea
According to a recent Ripple press release, the company has launched the XRPL Japan and Korea Fund. The move aims to boost XRP Ledger innovation “in the dynamic Japanese and Korean markets.” Ripple supported this initiative as part of its commitment of 1 billion XRP through both the XRPL Grants and XRPL Accelerator programs; as a reminder, in April 2022, the fintech giant allocated the above-mentioned sum to various XRPL projects. Emi Yoshikawa, vice president of strategy and operations at Ripple, wrote in her post
PlanB releases amazing Bitcoin (BTC) price forecast for the end of the year
In a recent post on X, renowned cryptocurrency analyst PlanB published a year-end Bitcoin price forecast. The analyst’s Bitcoin scenario covers five years, from 2024 to 2028. The post reads: “My best guess is the 2024-2028 Bitcoin scenario: 2024 (EOY): $0.15 million, 2025: 0.8 million USD, 2026: USD 0.4 million, 2027: USD 0.3 million, 2028: USD 0.4 million.” PlanB used the S2F model to compare Bitcoin’s trend with previous cycles, highlighting that it perfectly matches the S2F^3 power law model. He admits that this Bitcoin price prediction seems unlikely, but claims that “800,000 would be consistent with the best-fitting, highest-fitting model of historical R2 data.” Several factors will determine whether PlanB’s positive Bitcoin price prediction comes true, including investor sentiment around BTC and increased adoption by institutional players via spot Bitcoin ETF products.
