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MicroStrategy Plans $1B Stock Offering to Buy Bitcoin

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Source: https://cryptobriefing.com/microstrategy-plans-1b-stock-offering-bitcoin/

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‘Rich Dad’ Author Robert Kiyosaki Predicts ‘Giant Stock Market Crash’, Keeps HODLing Bitcoin

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The highly successful author behind the “Rich Dad Poor Dad” series of personal finance books, Robert Kiyosaki, has predicted a “giant stock market crash” is coming in October, and while he noted the price of bitcoin may crash too, he is not selling his BTC holdings.

According to a tweet Kiyosaki published, the best-selling author believes that the stock market crash will take down with it not only equities but also the price of precious metals like gold and silver. Cryptocurrencies like bitcoin will also be affected, with cash being “best for picking up bargains after crash.”

The author added he will not be selling his gold, silver, or bitcoin, but maintains “lots of cash for life after stock market crash,” before noting he believes the stock market is currently dangerous for investors.

Kiyosaki has over 1.7 million followers on the microblogging platform, partly thanks to the success of his “Rich Dad Poor Dad” books. The main book of the series of one of the top 10 personal finance books of all time, “advocates the importance of financial literacy (financial education), financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses, as well as increasing one’s financial intelligence (financial IQ) to improve one’s business and financial aptitude.”

The best-selling author has been predicting a stock market crash for some time now. In June, he recommended buying bitcoin ahead of what he believes was going to be the “biggest crash in world history.” The crash, he revealed, was coming after the “biggest bubble in world history” popped.

In August, he revealed BTC had the “greatest upside” while the value of the U.S. dollar was dropping. Earlier this year, the author said the price of bitcoin was “going to $1.2 million” in five years. Kiyosaki has also recently commented on China’s crackdown on cryptocurrency.

Per his words, China is “about to launch its Government crypto coin,” and as such outlawed cryptocurrency mining and trading to crackdown on privately issued competitors.

DISCLAIMER
The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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Source: https://www.cryptoglobe.com/latest/2021/09/rich-dad-author-robert-kiyosaki-predicts-giant-stock-market-crash-keeps-hodling-bitcoin/

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Santiment: Ethereum Network Growth Stalling, Speculators Turning to Other L1s

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Crypto-focused behavior analytics startup Santiment claims market speculators are moving on from Ethereum ($ETH) to other layer one (L1) blockchains that offer a higher rate of return on investment. 

In a new insights blog post titled “ETH – Where has all the magic gone?”, which was published on September 22, Santiment says that exchanges are experiencing an influx of $ETH, indicating that investors are moving to sell their $ETH holdings. 

Santiment’s recent insights report comes in the wake of Bitcoin’s recent selloff, leading to a price depression across the crypto markets. While Ethereum managed to rebound above $3,000, the price dip took the cryptoasset close to $2,600 as investors responded to the bearish downturn. 

Santiment identified Ethereum’s price action as “not the healthiest look” for creating an uptrend, and indicated the majority of the trading was being driven by macro events such as the Evergrande meltdown and the U.S. Securities and Exchange Commission’s stance towards crypto. 

Santiment also says Ethereum’s network growth is sending a troubling sign to investors: 

ETH’s Network Growth has been stagnant for the past few months even after the price bottomed out. Price continued to grow but Network Participants continue to just range, this deviation is generally not a healthy sign.

Santiment attributed the change in Ethereum’s network activity to growing interest in other projects, such as Avalanche ($AVAX), coinciding with a gradual decline in NFT speculation:

As usual, if there are better speculative opportunities that are cheaper and yields higher ROI, people will be there. And for now, ETH isn’t the place for that.

Santiment concluded that $ETH’s price struggles are being exacerbated by speculators moving on to other cryptoassets, causing a stagnation in network growth.

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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Source: https://www.cryptoglobe.com/latest/2021/09/santiment-ethereum-network-growth-stalling-speculators-turning-to-other-l1s/

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Binance Charity Launches NFT Tree Planting Project ‘Tree Millions’ To Plant 10 Million Trees Worldwide

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Binance Charity, the first-ever blockchain-enabled transparent donation platform, leads the most ambitious NFT tree planting project to date, to plant 10 million trees worldwide.

Tree Millions Alliance launches on September 28, 2021, led by Binance Charity.

The initiative already has 17 crypto industry players confirmed to help with reforestation efforts and aims to have 100 members by March 21, 2022, in celebration of the UN Day of Forests.

The multi-million dollar fundraising campaign is open to both corporations and individuals.

For every donation made, an NFT certificate encrypted with the details of trees planted will be issued.

It repurposes NFTs as a tool to track how donors’ money has been spent and record details such as the species of tree and where and when it’s been planted. As with all Binance Charity projects, 100% of the donation will go directly to the project execution partners.

CZ, founder and CEO of Binance, said,

“The crypto industry is young and constantly evolving, so we recognize the role our industry needs to play in protecting the planet. Tree Millions is just one step towards mitigating our impact on the natural world – we’ll keep innovating and collaborating to reduce this further. Blockchain technology is a powerful tool for building a fairer, more transparent and more equal future. We’re determined to continue unlocking this potential.”

Binance Charity is teaming up with Binance NFT, a world-leading NFT marketplace, for Tree Millions to plant the NFT in metaverse to create the world’s largest virtual tree planting forest.

In addition, Binance NFT will line up creators to take part in ‘NFT for Good’ to drive fundraising efforts for Tree Millions. NFT for Good was first launched in June 2021 by Binance Charity and Binance NFT, with a vision to capture creativity to drive meaningful change. The NFT certificates produced for Tree Millions by Binance Charity will use Binance Smart Chain, which uses less than 1% of the energy consumption of Bitcoin.

Helen Hai, head of Binance Charity and Binance NFT, said,

“The natural world is in crisis, and we’re calling on the digital world to help. It’s increasingly clear that we’re all intrinsically linked, so if we fail nature, we fail ourselves. We know trees are a critical resource in the battle against climate change and an essential part in keeping the balance to our fragile ecosystems that help to provide life on earth – that’s why we’re launching Tree Millions. We believe crypto is the future and we want to be part of a future that is green.”

Binance Charity is working with established environmental nonprofits to help execute the tree planting, such as One Tree Planted and Koala Clancy Foundation already on board, with more to be announced soon.

The first phase of the project is underway with a $2 million donation from Binance. Tree planting efforts have started in Australia, Canada, Germany, Ukraine, Kenya, Uganda, Ethiopia, Ghana, South Africa, Brazil, Mexico, Colombia, Argentina, India, Indonesia, Philippines, Vietnam and Thailand.

Tree Millions Alliance is one step toward Binance Charity and Binance’s shared vision for a greener crypto industry. Last year, Binance launched Binance Smart Chain (BSC), one of the leading green blockchains. If the Bitcoin network consumes approximately 113.89 terawatts per hour per year (TWh/year), and the traditional banking systems consume 263.72 TWh/yr – Binance Smart Chain consumes less than 1% of it. BSC is extremely eco-friendly and cost-efficient as a blockchain and as an NFT minting platform.

This content is sponsored and should be regarded as promotional material. Opinions and statements expressed herein are those of the author and do not reflect the opinions of The Daily Hodl. The Daily Hodl is not a subsidiary of or owned by any ICOs, blockchain startups or companies that advertise on our platform. Investors should do their due diligence before making any high-risk investments in any ICOs, blockchain startups or cryptocurrencies. Please be advised that your investments are at your own risk, and any losses you may incur are your responsibility.

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Source: https://dailyhodl.com/2021/09/28/binance-charity-launches-nft-tree-planting-project-tree-millions-to-plant-10-million-trees-worldwide/

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