Do Kwon Released, Robert Kiyosaki Buying BTC Before Halving, the EU Bans Anonymous Crypto. Top crypto news for 03.25.2024

Hey there, friends! Today, we’ve got some hot news from the cryptocurrency world, and I promise it’s going to be interesting! If you’re looking to make money from crypto or just keeping an eye on how the world is shedding its illusions about fiat, you’ve come to the right place. So, let’s get started!

  1. Let’s kick things off with Robert Kiyosaki. The well-known author of the bestseller “Rich Dad Poor Dad” seems to have decided to add a new chapter to his book by buying ten bitcoins. On his Twitter page, Robert made a statement about buying 10 bitcoins just before the halving, which he believes is a goldmine in the crypto world. He views Bitcoin, gold, and silver as real money, in contrast to fiat currencies, which he says are nothing more than “fake money.” Kiyosaki is not just sharing his investment decisions; he’s advising everyone to not just watch the crypto market but to actively participate in it. The entrepreneur is confident that Bitcoin’s price will soar to the skies and could hit the $100,000 mark by September 2024. It seems he views cryptocurrency as a lifebuoy in a world where inflation of fiat currencies is a constant worry.

  1. Moving on to a story just as intriguing, the crypto exchange FTX, which, to put it mildly, found itself in the center of a financial storm. The FTX saga is like the TV series “Billions” but set in the crypto dimension. It seems the IRS decided to play the numbers lottery, initially stating they wanted no less than 44 billion dollars from FTX. Later, presumably thinking they might be asking for too much from a company that’s already not in the best shape, they decided to drop the amount to 24 billion dollars. Regardless, the amount of the claims is still staggering, adding a dramatic flair to the FTX story. But despite all these challenges, FTX continues to hold its ground and has even presented a payout plan, attempting to compensate its clients and investors for their losses. This entire situation with FTX clearly demonstrates how important it is to be responsible when it comes to investing in cryptocurrencies.

  1. The European Union has decided to put an end to the anonymity of cryptocurrency payments. Just like that, with a stroke of the pen – “goodbye” anonymous transactions, welcome to a world where every step you take is watched. The new regulation means that anonymous crypto wallets will now be under strict scrutiny. “Big Brother” is watching, friends, and his gaze has now turned to cryptocurrencies. This decision has sparked quite a bit of controversy within the community. On one hand, it’s a step towards combating money laundering and the financing of terrorism. On the other hand, who among us wants to feel like we’re part of a reality show with no right to privacy? Nonetheless, the EU is convinced that transparency and security are essential for the healthy development of the cryptocurrency market.

  1. Now, let’s switch gears from serious topics to something more inspiring. The TON network shows that cryptocurrencies are still full of surprises and unexpected rises. The total locked value of assets in the TON network has reached unprecedented heights – over $83 million! One can imagine the admiration and slight envy this number evokes in those skeptical about TON’s potential just yesterday. Projects based on this network, such as the liquid staking protocol Tonstakers and the decentralized exchange, have become true leaders in terms of locked asset volume. This is precisely the moment when you can proudly say: “Yes, we did it!” and look towards the future with optimism. It’s worth noting that TON’s success is not only due to the developers and network participants but also a sign that there are still many unexplored opportunities in the world of cryptocurrencies. Perhaps now is the perfect time to invest in a promising project… or at least think about it.

  1. And finally, to wrap up today’s overview, let’s dive into some real drama because what’s the crypto world without it? Do Kwon, a name long familiar to anyone even remotely interested in cryptocurrencies, was finally released from jail. But things aren’t as straightforward as they seem at first glance. After his release from prison in Montenegro, the authorities decided not to take any risks and kept Do Kwon under control. His passport was confiscated to prevent any attempts to leave the country and thus avoid further legal proceedings. This story began with Kwon being arrested for using fake documents, but there’s a much larger story behind him, related to the downfall of his company Terraform Labs and the crash of the stable crypto TerraUSD, which led to significant financial losses for many investors. Understanding the full scale of the case and Do Kwon’s potential influence on the cryptocurrency market, the Montenegrin authorities decided to keep him under their wing.

That’s all for today, friends! The world of cryptocurrencies is full of surprises, intrigue, and, of course, opportunities. Don’t forget to do your own research before investing in crypto, and remember: in the world of finance, there’s always room for serious analytical thought as well as good humor. I hope you enjoyed today’s episode. Don’t forget to like and share this news with friends, and subscribe to the channel if you haven’t yet. See you in the next episodes, where we will definitely bring you even more of the latest and most interesting news from the world of cryptocurrencies. Bye for now!