November 16, 2024

Kiyosaki on USD ‘Implosion,’ Musk Considers Social Media, $540M in ‘Sleeping Bitcoins’ Move — Bitcoin.com News Week in Review

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It’s been another bustling week full of colorful stories in the crypto world, with Rich Dad Poor Dad author Robert Kiyosaki talking about the U.S. dollar imploding, and advocating people buy bitcoin, ethereum, and solana — not to mention talk of Spacex founder and CEO Elon Musk potentially starting his own free speech-focused social media network. On top of all this, the Ukrainian government has launched a “Museum of War” NFT collection, and massive amounts of sleeping bitcoin are on the move. So, without further ado, here’s your bite-sized digest of the week’s hottest crypto news.

Kiyosaki on USD 'Implosion,' Musk Considers Social Media, $540M in 'Sleeping Bitcoins' Move — Bitcoin.com News Week in Review

Robert Kiyosaki Warns US Dollar ‘About to Implode’ — Advises Buying Bitcoin, Ethereum, Solana

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the U.S. dollar is “about to implode.” Among the investments he suggested are cryptocurrencies bitcoin, ethereum, and solana.

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Kiyosaki on USD 'Implosion,' Musk Considers Social Media, $540M in 'Sleeping Bitcoins' Move — Bitcoin.com News Week in Review

Elon Musk Giving ‘Serious Thought’ to Creating Social Media Platform With Free Speech as Top Priority

Tesla and Spacex CEO Elon Musk says that he is “giving serious thought to” creating a new social media platform with free speech as a top priority. “Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy,” the Tesla billionaire said.

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Kiyosaki on USD 'Implosion,' Musk Considers Social Media, $540M in 'Sleeping Bitcoins' Move — Bitcoin.com News Week in Review

Ukraine’s Government Launches ‘Museum of War’ NFT Collection

The Ukrainian government has launched a “Museum of War” non-fungible token (NFT) collection. All sale proceeds will go directly to the official crypto wallets of the Ministry of Digital Transformation of Ukraine to support the army and civilians, according to the museum website set up by the government.

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Kiyosaki on USD 'Implosion,' Musk Considers Social Media, $540M in 'Sleeping Bitcoins' Move — Bitcoin.com News Week in Review

$540 Million Worth of ‘Sleeping Bitcoins’ From 2014 Move — BTC Possibly Linked to Cryptsy Theft

On March 29, blockchain parsers caught a sequence of 11 transactions totaling 11,325 bitcoin moving from unknown wallets created in 2014, to a great number of recipient addresses. Furthermore, the stash of bitcoin worth $540 million today is possibly linked to the Cryptsy theft, according to onchain analytics.

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