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⚡Robert Kiyosaki Backs Bitcoin🔙

Croxroad

26 Mar 2024 — 3 min read

☕️ GM Dear Plebs!

Here is Crox Road, your daily dose of orange pill that will turn you into a Bitcoin Maxi.

The menu for today:

🪭 Kiyosaki's Crypto Crusade

Robert Kiyosaki, the renowned author of the influential personal finance book "Rich Dad Poor Dad," is making headlines once again for his unwavering support of Bitcoin. As reported by U.Today, Kiyosaki is reinforcing his bullish stance on the cryptocurrency, aligning his investment strategy with the forecasted surge that could see Bitcoin reaching $100,000 within six months.

Taking to social media platforms, Kiyosaki has publicly announced his intentions to further invest in Bitcoin, emphasising the significance of the impending Bitcoin halving event. This event, which has historically catalysed significant price increases, is a pivotal factor driving Kiyosaki's confidence in Bitcoin's future performance.

💤 Bitcoin's Dormant Giant Awakens

Blockchain enthusiasts were captivated this week as the long-dormant "37X" wallet, once boasting the prestigious title of the fifth-largest Bitcoin wallet, stirred to life after remaining inactive since 2019. In a remarkable move, 94,504.03 Bitcoin—worth a staggering $6 billion—were transferred across three distinct addresses, marking a significant reshuffling within the hierarchy of top Bitcoin holders.

The monumental transaction, which took place just forty-eight hours ago, sent shockwaves throughout the cryptocurrency community, sparking widespread speculation and analysis. Bitcoin.com News had previously spotlighted the "37X" wallet in a September 2023 feature focusing on Bitcoin's top ten wallets by assets, where it held the sixth position at that time.

Despite lingering mysteries surrounding the wallet's ownership—previously speculated to belong to Huobi, now known as HTX—its sudden activation has reignited debates among blockchain explorers. On Monday, Arkham Intelligence shed light on the whale's movements, revealing that over $6 billion in Bitcoin had been distributed across three new addresses, with substantial amounts allocated to each.

This transaction unfolds against the backdrop of a broader trend, where prominent Bitcoin whales and longstanding wallets are increasingly active in transferring significant sums on-chain. Just days prior, on March 14, 2024, amidst Bitcoin's peak value surge to $73,794 per unit, the "37X" wallet maintained its position as the fifth-largest holder, securing its status as a key player in the dynamic cryptocurrency ecosystem. Currently, with 78,317 BTC temporarily housed in the "bc1q8" wallet—now ranking as the sixth-largest Bitcoin address—the saga of the "37X" wallet continues to captivate and intrigue observers within the blockchain community.

📥 Blackmail Scams

Blackmail crypto scams represent yet another ploy in scammers' playbook. Through threatening emails, they allege possession of records of users' visits to sensitive websites, demanding private keys or cryptocurrency payments to prevent exposure.