Cointime

Cointime

Download App
iOS & Android
Home / Point

'Rich Dad Poor Dad' author: Now may be an ideal time to buy Bitcoin

Robert Kiyosaki, the author of "Rich Dad, Poor Dad," recently posted on X, stating that he expects the market to experience a significant downturn, but those who are prepared may also have investment opportunities. He once again recommended that people invest in Bitcoin, predicting that its price will "skyrocket" during October (Uptober), and suggesting that now may be the ideal time to buy.

Comments

All Comments

Recommended for you

  • Iran's Foreign Minister: Willing to Reopen the Strait of Hormuz in Seven Days, Conditional on Certain Requirements

    On September 25, according to the Jerusalem Post, Iranian Foreign Minister Abbas Araghchi stated to reporters during the United Nations General Assembly in New York that Iran has proposed a plan to the United States to reopen the Strait of Hormuz within seven days. Araghchi indicated that the plan would be based on a memorandum of understanding reached between the two countries in June of this year, but it would only be implemented if specific conditions are met. He said, 'I believe it would be better if this could be completed before the U.S. midterm elections, but it depends on the decision of the U.S. government.' Araghchi also noted that Iran is not concerned about the specific timeline and is not in a hurry to advance this process.

  • US Spot BTC ETF Sees $2.251 Billion Net Inflow Over Four Trading Days

    According to AiCoin monitoring, the US spot BTC ETF has experienced continuous inflows over the past four trading days, totaling $2.251 billion. During this period, the largest inflow was into IBIT, amounting to $1.061 billion, followed by FBTC with an inflow of $652 million.

  • DeepSeek Harness Launches Official Desktop Version, Apple Notarized but Not Yet Officially Announced

    On September 25, as reported by Wall Street Insights citing Machine Heart, DeepSeek Harness has launched its official desktop version, which supports a graphical interface, DeepSeek account login, and API Key, significantly lowering the usage threshold compared to the previous web version that required command line initiation. This client has passed Apple notarization, with the signing entity being 'Hangzhou DeepSeek Artificial Intelligence Co., Ltd', pointing to DeepSeek company, but it is a nightly build and has not been officially announced. The version includes six official plugins (Agent Team, Voice Input, Terminal, Agent Loop, Subagent, Web Search) and offers four working modes: Standard, PTC, Minimalist, and Creative, continuing the composable architecture concept of 'Everything is a Plugin'. Currently, this client does not support Linux.

  • Arkham Data: Morgan Stanley's On-Chain Holdings Approximately $775 Million, Mostly in Bitcoin

    On September 25, according to Arkham Explorer data, Morgan Stanley's on-chain entity currently holds assets valued at approximately $775 million (775,015,895.63 USD), with a change of +0.34%. Nearly all of its holdings are in Bitcoin: approximately 9,218 BTC, valued at about $775.02 million based on a unit price of around $84,074. The page also indicates that this entity transferred several small amounts of ETH to Coinbase Prime Custody about 8 months ago, with each transfer being less than $100.

  • Bitcoin May Achieve Zcash-like Privacy Transactions Without Soft Forks, Team Builds 'Shielded Bitcoin'

    On September 25, Unchained reported that Misha Komarov, founder of the [alloc] init team, stated that they are developing 'shielded Bitcoin'—a privacy fund pool that mimics Zcash and operates on the existing Bitcoin network without the need for a soft fork or company operation. The solution, named Bitcoin PIPEs, utilizes witness encryption to lock a Bitcoin key, which can only be unlocked upon proving compliance with the rules. The team plans to release the second version of their research in February 2026. Komarov mentioned that each shielded transaction is approximately 700 vbytes (compared to about 100-200 vbytes for regular transactions), with fees around four times higher than conventional transactions, which he described as 'not catastrophic'; the more it is used, the stronger the privacy. He acknowledged that witness encryption is still in the experimental stage, and while the related cryptographic files have been compressed from about 300 TB last year to around 8 TB, they remain quite large. The team plans to reuse audit tools and conduct repeated audits. No launch date has been provided, and users are encouraged to participate in the protocol design discussions early.

  • Japan's 30-Year Government Bond Yield Rises to 4.21%, Highest Since 1999

    On September 25, Japan's 30-year government bond yield rose to 4.21%, marking the highest level since its listing in 1999.

  • NYSE Partners with Blockchain.com to Establish Tokenized Securities Channel Targeting $55 Trillion Market

    On September 24, CryptoSlate reported that the New York Stock Exchange (NYSE) Group signed a memorandum of understanding with Blockchain.com on September 23. The agreement aims to allow Blockchain.com users to access NYSE's planned digital trading platform for trading tokenized U.S. stocks and ETFs, pending regulatory approval. The two parties will also establish a bidirectional market data relationship between stocks and crypto assets. NYSE's digital platform, disclosed in January this year, is set to offer 24-hour trading of tokenized U.S. stocks and ETFs, on-chain instant settlement, and stablecoin funding. This move comes as Wall Street seeks to capitalize on on-chain assets, with Citigroup's research estimating that the size of tokenized financial assets could reach $55 trillion by 2030 under a baseline scenario, and $82 trillion in an optimistic scenario. The relevant trading functionalities are still awaiting regulatory approval, and the timeline for launch, tradable securities, and applicable jurisdictions have yet to be determined.

  • SEC Commissioner Peirce Calls for Reduced Personal Data Collection and Promotes Privacy Protection Technologies

    On September 24, Bitcoin Magazine reported that Hester Peirce, a U.S. SEC commissioner known as 'Crypto Mom', who will be leaving her position in November, urged at the SIFMA Digital Assets Conference in New York for a rethinking of how the financial system is monitored. She advocated for collecting less personal data rather than more. Peirce criticized KYC/AML regulations, stating that the increasing data collection and intermediary monitoring are turning the financial landscape into a 'panopticon prison'. She argued that accumulating data on compliant customers does not help in tracking down criminals; instead, it makes it harder to find the 'needle' in the 'haystack' and increases the risks of data breaches and misuse. She proposed the use of zero-knowledge proofs (ZKP) and attribute-based credentials to verify age, accredited investor status, or whether someone is on a sanctions list without exposing personal information. Additionally, she urged the SEC to allow companies to rely on identity verifications completed by other regulated entities. Peirce identified herself as a 'libertarian' rather than an industry spokesperson.

  • Tether's Partner Bank EQIBank Faces Asset Seizure, Funds Frozen

    On September 24, The Information reported (by reporters Yueqi Yang and Michael Roddan) that some of Tether's funds are trapped in its partner bank EQIBank, which is facing liquidation risks due to an asset seizure by U.S. authorities. EQIBank is a licensed digital bank in Dominica; U.S. law enforcement has seized approximately $89 million in assets related to it, reportedly accounting for about 80% of the bank's currency holdings, stemming from a securities fraud lawsuit involving payment processor Capstone Ltd. EQIBank has warned that it may be forced to liquidate. Tether responded that its exposure at the bank is limited, accounting for less than 0.034% of its total assets, but did not disclose a specific dollar amount or directly confirm the report. There has not yet been a noticeable panic in the market regarding de-pegging.

  • Jensen Huang: If Frontier Labs Can't Control AI, They Must Be Shut Down

    On September 25, in an interview with The New York Times, NVIDIA CEO Jensen Huang stated that if frontier labs cannot ensure AI safety, "we must shut down these labs." Referring to the jailbreak attacks on frontier AI models from companies like OpenAI, Anthropic, Meta, and Google, Huang emphasized that if these labs cannot control their AI experiments, those experiments must cease. He warned that uncontrolled AI agents could lead to civil and criminal liabilities, and the labs must bear the consequences. Currently, concerns surrounding frontier AI labs are seen as "distractions" that deviate from the core issues, and there should not be widespread anxiety; instead, the focus should be on the controllability of the experiments.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company