Coinbase CEO Brian Armstrong predicts Bitcoin will soar into the millions, citing increasing institutional adoption and regulatory clarity. Meanwhile, XRP remains strong with steady price action around $3.13 and positive news, including Blackrock-backed tokenized U.S. Treasuries launching on the XRP Ledger. In policy news, Elon Musk’s Department of Government Efficiency (DOGE) claims to be saving the U.S. $1 billion daily through cost-cutting measures. Elsewhere, Robert Kiyosaki warns of a historic stock market crash in February 2025, suggesting it could trigger a Bitcoin rally.
Coinbase CEO Predicts Bitcoin’s Surge Into Multiple Millions
Bitcoin is poised to hit “multiple millions,” Coinbase’s CEO declared, citing surging institutional adoption, ETF inflows, and the transformative potential of clear U.S. legislation… read more.
Editor’s comment: Brian Armstrong is talking about the long term potential of Bitcoin. It’s funny how predicting Bitcoin being worth millions of dollars is no longer a laughable prediction. It’s a consensus one.
XRP Traders Brace for Action as Key Levels Tighten
XRP is presently priced at $3.13, commanding a market capitalization of $180 billion and a 24-hour trading volume of $2.53 billion. Its intraday price movement has fluctuated narrowly within the bounds of $3.11 and $3.14, reflecting measured activity… read more.
Editor’s comment: XRP’s price chart is one of the strongest in the market. Couple that with a higher likelihood than most altcoins for attention and positive news, and you have a very strong coin indeed.
Blackrock-Backed Treasuries Arrive on XRP Ledger
Ripple is revolutionizing finance by launching tokenized U.S. Treasuries backed by Blackrock’s liquidity fund on the XRP Ledger, promising seamless access, stability, and institutional-grade security… read more.
Editor’s comment: Speaking of good news about XRP, this is exactly what I’m talking about! Expect more of these kinds of announcements.
Elon Musk’s DOGE Saves Federal Government $1B Daily
Elon Musk’s Department of Government Efficiency (DOGE) claims it’s slashing $1 billion daily by cutting unnecessary hires, DEI programs, and foreign payments—aiming for $3 billion in savings… read more.
Editor’s comment: Efforts like DOGE have ramifications for the broader economy. If DOGE is successful it will help the U.S. government borrower less, which can increase investor confidence in the U.S. government and the U.S. economy. Less borrowing now means the government has more maneuverability (e.g., can borrow more later) if and when things go badly.
Robert Kiyosaki: Historic Market Crash Coming in February
Robert Kiyosaki forecasts February 2025’s biggest stock market crash will trigger a bitcoin explosion, urging investors to buy the crypto before prices skyrocket… read more.
Editor’s comment: There does appear to be some softening of macro data, but it doesn’t appear highly likely a severe crash is imminent. Even if it is, assets like gold and bitcoin can also sell off too, although they tend to sell off less severely and recover faster.
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