The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that investing in a well-diversified portfolio of stocks, bonds, mutual funds, and exchange-traded funds (ETFs) is “very risky” advice. Kiyosaki stressed that gold, silver, and bitcoin are the best investments for “unstable times.”

Cathie Wood on Saturday said growth stocks and innovation-based strategies will recover the lost gains as the “brutal interest rate increase” by the U.S. Federal Reserve comes near to an end.

Veteran trader Peter Brandt has asserted that Bitcoin is at a turning point.

While the Bitcoin halving is considered the biggest event in the cryptocurrency’s life cycle, the onset of Bitcoin based NFTs could potentially go on to become the next biggest development. Primarily, Bitcoin was so far seen as a layer 1 blockchain with its use case being peer to peer transactions. With the coming of Non Fungible Tokens (NFTs) on Bitcoin layer itself, there could be a paradigm shift in the way miners operate, going forward. On chain data shows that the mean miner transaction fee per block rose in parallel with the adoption of Ordinals.

The Brazilian government is set to issue a decree that modifies some of the rules established in the Bitcoin Law approved in November 2022 by former president Jair Bolsonaro. This move comes in line with recent developments taken by President Lula da Silva in recent weeks. 

According to CryptoQuant data, the True USD (TUSD) Inflow for all exchanges was 86 million on February 16 and Binance accounted for over 90% of the TUSD inflow. The exchange inflow and outflow for all exchanges indicate an increase in trading activity in TUSD.

Ari Paul, CIO and founder of BlockTower, took to Twitter to reveal his predictions for the big bull in the coming months. Paul cites $100,000 as a possible price point for Bitcoin in 2024.

Following yesterday’s PPI data, both the Nasdaq and the S&P 500 were at their long-term uptrend lines. We saw a big squeeze before the actual meltdown. This is usually the case when the narrative is bearish for the day and the technicals are right at support.

Solana (SOL), the cryptocurrency that powers Solana’s high-performance smart-contract-enabled blockchain, saw an impressive $830 million in trading volumes on Thursday, according to data presented by crypto analytics platform Token Terminal. That was the second-highest daily trading volume in two weeks, with only Wednesday (the 15th of February) clocking in ahead with volumes of $850 million.

Bitcoin and BNB fell more than 2% over the past 24 hours, while ether was little changed. Crypto-related stocks were mostly up.