Global #Bitcoin

Satoshi Nakamoto, the elusive figure behind Bitcoin, remains one of the most intriguing mysteries in the world of cryptocurrency. Despite the massive impact of his creation, the true identity of Nakamoto is still unknown, and his vast stash of Bitcoin has fueled endless speculation.

In a recent advisory to his followers, financial educator Robert Kiyosaki has once again voiced his strong opposition to traditional banking systems, describing them as “corrupt” and vulnerable during financial crises.

In a striking development for financial markets, gold has recently surpassed $2,500 per ounce, a milestone that highlights its growing appeal amid economic uncertainties.

Bitcoin (BTC) is currently experiencing a period of consolidation, forming a bull flag pattern on the daily chart. While prices have stabilized and recovered from recent weaknesses, BTC remains down 8% from last week’s highs and is navigating a fragile position in the market.

U.S. Senator Ted Cruz has notably increased his investment in Bitcoin, as revealed in his recent official financial disclosure dated August 13, 2024. Cruz's Bitcoin holdings have surged to as much as $100,000, demonstrating a significant escalation from his initial investment made on January 25, 2022.

Bitcoin (BTC) saw its price peak at nearly $62,000 yesterday, only to face a sharp rejection and fall back by approximately $4,000. This volatile movement has significantly impacted the broader cryptocurrency market, leading to declines across major altcoins as well.