Robert Kiyosaki has reiterated his warning of a potential massive recession in the United States and rising corruption, urging his followers to invest in gold, silver, and Bitcoin as a hedge against these problems. He believes that the country is in for a "crash landing" due to high corruption and incompetence.

On Friday, major cryptocurrencies like Bitcoin and Ethereum experienced a decline in their indexes due to a surge in selling pressure in the global digital asset market.

Bitcoin's market is currently uncertain as it forms a symmetrical triangle, with traders and investors closely monitoring the $26.5K to $27.5K range for its next significant move.

Astrobotic Technology, BitMEX, and Bitcoin Magazine are collaborating to send the first physical Bitcoin to the Moon this summer. The Bitcoin contains 1 BTC, a public address, and a private key engraved on it.

Investors are being advised to hedge against the potential negative effects of the US debt-ceiling deal, which could cause a sudden drain of liquidity and a drop in stock prices. The founder and CTO of Penso Advisers, Ari Bergmann, suggests that the government will need to sell Treasury bills to restock its cash buffer, which could lead to a $1 trillion supply burst and a decrease in liquidity in the banking sector. However, this could potentially benefit cryptocurrency investors, as Bitcoin has been gradually decoupling from stocks and trading in correlation with gold as a safe-haven asset. Traders should be cautious of potential changes in Bitcoin's affiliation with stocks.

Renowned crypto enthusiast Ran Neuner has shocked the crypto community by announcing on a podcast that he is liquidating his altcoin holdings in favor of Bitcoin. Neuner believes that impending governmental blunders, ranging from economic collapses to escalating geopolitical tensions, will cause investors to flock to secure assets such as gold and eventually Bitcoin. Neuner is excited about Bitcoin's recent evolution, including the launch of Ordinals, which gives Bitcoin increased functionality similar to Ethereum. He advises investors to accumulate "dry powder" or investable cash and get into Bitcoin and its burgeoning ecosystem now to prepare for the impending revolution.

Bitcoin has been consolidating above $27,000 during today's trading session, but has slid lower and broken below that level. Technical analysis shows that Bitcoin is trading in a declining channel and may see further losses in the coming days. The Relative Strength Index (RSI) is below the 50-mark, indicating bearishness in the market, and the Moving Average Convergence Divergence (MACD) shows that the negative trend will likely continue. The bears have extended their grip on BTC and the technical indicators suggest further losses if BTC fails to break above $27,000 in the coming days, with the next support levels near $26,430 and $26,000.

Bitcoin2023, the world's largest Bitcoin conference, is currently taking place in Miami but is struggling to attract attendees. The conference is expecting only 15,000 in-person attendees, down from 26,000 last year, possibly due to high ticket prices and decreased excitement in the crypto industry. The price for a general admission ticket is set at $999, while an "Industry Pass" that grants exclusive access to the "Official Networking App" is available for $2,299. The conference lineup lacks star power compared to previous years, with attendees including an obscure member of the Kennedy dynasty, Tulsi Gabbard, and Eric Weinstein.

Bitcoin has been struggling to surpass the $27,500 resistance level for the past week, partly due to the risk of a potential U.S. default as the government struggles to get the debt limit increase approved in Congress. However, some analysts and investors believe that the debt ceiling standoff is just a "show" and that additional money will eventually enter the markets, leading to inflationary pressure. As a result, some investors suggest owning hard assets like Bitcoin. Despite recent positive macroeconomic data, a U.S. debt default could still negatively impact the global economy, as many countries hold significant amounts of U.S. Treasuries. Professional traders in the Bitcoin market seem to be favoring bullish positions, with no signs of excessive leverage from buyers. If the U.S. debt ceiling stand-off continues, Bitcoin's market structure is bullish and could rally towards $28,000. However, readers should conduct their own research and be aware of the risks involved in any investment or trading move.

Recent on-chain data shows that the Bitcoin Binary Coin Days Destroyed (CDD) has remained at low levels. The CDD metric measures the total number of coin days being reset throughout the network on any given day. When this indicator has a high value, it implies that a large number of coin days are being reset in the market currently, which is a sign of movement from the “long-term holders” (LTHs). However, the current low value of the CDD suggests that there hasn’t been any significant destruction of coin days in the market recently, indicating that LTHs haven’t been making any moves out of the ordinary. This can be constructive for the price in the long term.