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Robert Kiyosaki doesn't "Trust" U.S. Dollar? Buying Bitcoin

Newsletter 2

“Join the Crypto Revolution - Because Why Not Throw Your Money into a Giant Digital Black Hole?”

- Crypto Boo

Welcome to the Ghostfi™ newsletter, where we promise to make you feel like an expert in blockchain technology...or at least confuse you enough to make you feel like one. Join us as we explore the ever-changing world of cryptocurrency and give you a 5-min weekly briefing.

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Here’s what we have for you today:

  • Robert Kiyosaki, Rich Dad Poor Dad Author, Buys Bitcoin Because He doesn't "Trust" U.S. Dollar

  • Coinbase suspends BUSD trading.

  • Can XRP hit $10 in 2023 with $600 million trading volume?

  • Goldman Sachs plans to grow its digital-asset team using their new blockchain platform

  • Rookies’ Corner: What is Proof-of-Work? (Video) & What is DeFi? (Video

Last updated March 2, 2023

Robert Kiyosaki, Rich Dad Poor Dad Author, Buys Bitcoin Because He doesn't "Trust" U.S. Dollar

Looks like Robert Kiyosaki, the financial Yoda of "Rich Dad Poor Dad" fame, has some serious beef with the US dollar. According to him, the greenback is about as trustworthy as a politician's campaign promise. But fear not, fellow investors, because Kiyosaki's got a secret weapon: Bitcoin, the digital currency that's more reliable than your mom's lasagna recipe. He's also a fan of gold and silver, which apparently are worth more than their weight in...well, gold and silver. And even though the powers that be are trying to stomp on Bitcoin's party, it's been soaring like a bald eagle on steroids. In fact, Kiyosaki's predicting that Bitcoin's gonna hit half a million dollars by the time we're all zipping around in flying cars. Who needs a piggy bank when you've got crypto, am I right?

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Beginning March 13 - Coinbase has announced the suspension of BUSD trading

Well, well, well, it looks like Coinbase is suspending trade in Binance USD (BUSD) from March 13 because the US regulator is investigating it as a possible unregistered security. But who cares about that, right? BUSD is still the third-largest stablecoin with a $10.6 billion market capitalization. And don't worry, Coinbase users can still access and withdraw their BUSD. Sure, Paxos was ordered to suspend issuance of the Ethereum-based stablecoin by the New York Department of Financial Services, and even received a Wells notice from the SEC, but that's just minor details. Binance is still one of the biggest crypto exchange out there!

Can XRP hit $10 in 2023 with $600 million trading volume?

Hey, hey, hey! XRP is the bee's knees, baby! Investors are getting all hot and bothered over the prospect of hitting $10 by 2023. Sure, there are a few buzzkills with those pesky legal battles and regulatory concerns, but thats not match for what XRP has in store. Ripple is hooking up with a Dubai exchange and doing some fancy-pants cross-chain bridge shenanigans, so that's gotta be awesome sauce, amirite? Even though the price hasn't blasted off into the stratosphere just yet, believe me, it's on the launchpad.

El Salvador proves Bitcoin is the real deal

Oh wow, isn't it just amazing?! El Salvador has now officially made Bitcoin its legal tender, making them the first country in the world to do so. I mean, who needs those old-fashioned fiat currencies when you have Bitcoin, right? It just shows how much people are accepting and adopting Bitcoin as a mainstream currency, which is obviously a positive thing for its overall success. And let's not forget about the potential benefits and challenges this adoption brings, like the impact on the country's economy and the adoption of other cryptocurrencies around the world. Way to go, Bitcoin and El Salvador!

Goldman Sachs plans to grow its digital-asset team using their new blockchain platform

Goldman Sachs is getting ready to take over the world with their fancy digital asset team and their new GS DAP tokenization platform. They managed to sell $100m worth of green bonds in Hong Kong and cut settlement time from five days to just one. Mathew McDermott, the global head of blockchain, is ready to expand the team and use the platform for all kinds of assets, like alternative investments, fund units, derivatives, and private equity. He thinks the platform will make markets more efficient with more data and transparency.

Rookies’ Corner

Phantom Press

Remember Litecoin? Why Litecoin Could Be On The Cusp Of Major Momentum Change. Litecoin, unlike other cryptocurrencies, put in a bottom long before the FTX collapse. Following a short period of outperforming the rest of the market, the now-ranked lucky number 13 by market cap has gone stagnant.

Hope you didn’t dump your Meme Coins too soon. Here Are The Meme Coins That Have Seen Green Amid Market Fall-Off Over the last week, cryptocurrencies in the market have seen a decline as momentum slowed down, but there are some meme coins that have been able to hold onto a good portion of their gains during this time. These meme coins have continued to perform well, outlasting various forecasts that have predicted their ‘deaths.’ Floki […]

Hope for Celsius Celsius creditors tout NovaWulf deal as ‘best’ option Under a proposed bankruptcy deal, smaller creditors would get 70% of their money back.

Tool for building for the SHIB crowd? What Is Shibarium, and What Does It Mean for SHIB: Guide As Shiba Inu (SHIB) developers launch Join Shibarium portal, moment has come to dive deep into first Ethereum L2 by meme cryptocurrency…

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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