Posts

Showing posts with the label investment

Bitcoin Price Plunges To $108K As Peter Schiff Says Gold More Likely To Hit $1M Than BTC

Image
The Bitcoin price slid 2% in the past 24 hours to trade at $108,388 as of 1:20 a.m. EST on trading volume that plunged 26% to $83.3 billion. BTC permabear Peter Schiff seized on the downward momentum, and a new all-time high for gold that took its market capitalization past $30 trillion, to double down on his prediction that gold is more likely to hit $1 million than BTC. Gold is more likely to hit $1 million than Bitcoin. — Peter Schiff (@PeterSchiff) October 16, 2025 Schiff’s latest salvo, aligning with gold’s 60% year-to-date surge, drew a sarcastic response from Binance co-founder Changpeng Zhao (CZ), who suggested he’s right ”about 1% of the time.” Peter revenge. 👏 We should have listened to him, two months ago, out of the 16 years in bitcoin's existence. About 1% of the time. I am sure bitcoin fluctuated negatively against gold more than that, except BTC went from $0.004 to $110,000 USD in 16 years. https://t.co/c7IiygbOer ...

Friend AI spent millions on mimicking friendship -- now it's just another chatbot

Image
While the LLM apocalypse and the extermination of the human race by robots and AI may very well be on the horizon, it certainly isn’t going to come at the hands of wearables, and Friend AI is proof of that. Last year, Humane Inc. attempted to create a wearable AI pin that could give directions, identify visible plants or animals, schedule meetings, and send friends, coworkers, and family messages. The problem was that none of these functions worked particularly well and, as a result, after failing to move units, the company was acquired by HP. Despite Humane’s issues with wearable AI, a new startup, Friend, founded by venture capital-backed entrepreneur Avi Schiffmann, has launched its own attempt at an AI wearable. Friend AI is a screenless, audio-free pendant that text you when its time to interact. Schiffmann, insists that Friend AI isn’t meant to be an assistant or helpful guide, but is designed to be your friend, a new tech solution to the ongoing l...

Is It Too Late To Buy Dogecoin? 3 Analysts Reveal What’s Next

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

R. Kiyosaki says buy Silver before the ‘rocket leaves earth’

Image
Robert Kiyosaki has once again put hard assets at the center of his message, this time with silver in the spotlight. Posting on X on October 9, the Rich Dad Poor Dad author wrote: “SILVER near time high. Silver is a dollar away from turning into a rocket ship. Please get a few silver coins before the silver rocket leaves the earth.” SILVER near time high. Silver is a dollar away from turning into a rocket ship. Please get a few silver coins before the silver rocket leaves the earth. — Robert Kiyosaki (@theRealKiyosaki) October 9, 2025 At the time, silver was trading at $49.35, less than a dollar from the psychologically critical $50 level. A decisive break would mark fresh highs and, in Kiyosaki’s telling, confirm silver’s place alongside gold, Bitcoin (BTC), and Ethereum (ETH) as insurance against what he calls the “end of the U.S. dollar.” Silver 1-day price chart. Source: Finbold/TradingView The remark came in a week when safe-haven...

Strategy’s mNAV falls to 19-month low as BTC outperforms

Image
The basic multiple-to-net asset value (mNAV) per share of Strategy has fallen to a 19-month low. At just 1.21x,* the company’s common stock hasn’t traded at a worse basic premium to its bitcoin (BTC) holdings since late February 2024. Investors overwhelmingly value shares of MSTR based on the company’s BTC treasury and its prospects to accrete additional BTC. Strategy currently owns $78 billion worth of BTC but it enjoys a $94 billion market capitalization. It also made less than $350 million in gross profit over the past 12 months — in other words, not much relative to its $16 billion premium to BTC. Indeed, the vast majority of that $16 billion in extra valuation is down to optimism about founder Michael Saylor’s efforts to sell products appealing to dividend and bond investors. Unfortunately, that optimism has been waning. As recently as November, MSTR traded as high as 3.4x or 240% above the value of its BTC holdings. Today, MSTR trades at a mere 1.2...

ChatGPT picks two altcoins to buy for ‘Uptober’

Image
With October underway, the cryptocurrency market is bracing for the ‘Uptober’ seasonal phenomenon, a period when cryptocurrencies historically see notable gains. Notably, October often sparks renewed investor interest and heightened trading activity, creating potential opportunities for savvy market participants. For this season, Finbold turned to OpenAI’s ChatGPT to identify two altcoins with potential to rally.  Solana (SOL) According to ChatGPT, Solana (SOL) is worth buying, driven by several bullish catalysts, such as the anticipated ETF approval decisions in October 2025, with analysts projecting a 99% probability of approval.  Such a milestone could bring significant institutional inflows. At the same time, the ongoing U.S. government shutdown has driven investors toward alternative assets like Solana, contributing to its recent price gains.  Beyond these short-term factors, ChatGPT noted that Solana’s expanding role in decentralized app...

XRP ETF Makes US Debut: Can It Push XRP To $5 By 2025 End?

Image
US ETF investors can finally have exposure to XRP, thanks to REX-Osprey’s XRPR fund. The fund is not a traditional and pure “spot ETF.” Instead, the issuer has restricted the fund to comply with regulations. However, an XRP exchange-traded fund exposure was long-awaited in the US. Let’s discuss if the ETF can push the asset’s price to the $5 mark by the end of this year. Will ETF Inflows Push XRP’s Price To The $5 Mark by 2025-End? Source: Icobench ETFs have played a significant role in the current market cycle. Bitcoin (BTC) has hit multiple all-time highs since the SEC approved 11 spot ETFs in 2024. Ethereum (ETH) also hit a new all-time high earlier this year, thanks to consistent ETF inflows. There is a chance that XRP will also see a similar pattern. According to Bloomberg ETF analyst Eric Balchunas, REX-Osprey’s XRP ETF saw $37.7 million in inflows on its first day. This marks the biggest natural debut volume of any 2025 ETF launch. The fi...

Institutions Pile Into XRP as Trump Signals Shift

Image
XRP institutional investors have been channeling capital into the digital asset at unprecedented levels, and recent data shows $69.4 million in weekly inflows while other cryptocurrencies experienced capital outflows. This surge comes right now as speculation builds around Trump’s announcement regarding new crypto policies, and also analysts are confirming that XRP institutional investors are basically loading into regulatory clarity rather than confusion. Also Read: XRP Price Prediction for October 2025: Analyst Targets $5 Breakout XRP Institutional Adoption Rises With Trump Announcement And Investor Interest Source: Andrew Harnik / Getty Images / nypost Record Weekly Inflows Show XRP Institutional Investors Loading Up Recent market data has been accelerating how capital gets distributed across various major cryptocurrency segments, and it’s revealing some notable divergences in institutional appetite. The latest figures spearheaded a striking performance by XRP, which secu...

Bitcoin Bulls Eye Next Big Move As Price Nears $118,000, New ATH In Sight?

Image
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

VanEck CEO Calls Ethereum “Wall Street Token,” Eyes $6K

Image
Ethereum’s ‘Wall Street token’ status is solidifying right now as VanEck CEO Jan van Eck officially calls it the preferred cryptocurrency for financial institutions, and with Ethereum price prediction 2025 targeting some pretty ambitious levels, the Ethereum $6k target is becoming increasingly realistic amid growing Ethereum institutional adoption that’s been happening. “Ethereum is the Wall Street token,” says @JanvanEck3. pic.twitter.com/9NAqjh8r0x — VanEck (@vaneck_us) August 27, 2025 Ethereum Wall Street Token Insights: Price Prediction, Adoption & Risks Source: iGaming.org VanEck CEO Endorses Ethereum Wall Street Token Status DefiLlama Stablecoin Market Data – Source: DefiLlama Jan van Eck has been positioning Ethereum Wall Street token as the industry standard during his recent Fox Business appearance, and the VanEck executive outlined why Ethereum institutional adoption is accelerating across traditional finance right now. Van Eck stated: “Ethe...