‘Rich Dad Poor Dad’ Author Names Easiest Way to Become a Millionaire, Ripple Reveals Major Initiative for Japan and South Korea: U.Today’s Crypto News Digest

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Here are the top three stories brought to you by U.Today.

The author of “Rich Dad, Poor Dad” mentions the easiest way to become a millionaire

Robert Kiyosaki, American businessman and author of the best-selling book on finance, “Rich Dad, Poor Dad,” Has revealed the “easiest” way to become a millionaire in your recent x publication. Kiyosaki wrote that he knows the difficulties of making millions as an entrepreneur, and that is exactly why he is now saving Bitcoin. “Bitcoin does the hard work for me. That’s why I love Bitcoin,” he wrote at the end of his post. However, some of Kiyosaki’s followers pointed out that it is almost impossible for an ordinary person to become a millionaire with the help of Bitcoin due to the high price of the flagship cryptocurrency. At the time of writing, BTC is trading at $69,933, according to data from CoinMarketCap.

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Ripple presents important initiative for Japan and South Korea

According to a recent Press release by Ripple, the company He has launched the XRPL Japan and Korea Fund. This move aims to drive innovation in XRP Ledger “in the dynamic Japanese and Korean markets.” Ripple supported the initiative as part of its 1 billion XRP commitment through the XRPL Grants and XRPL Accelerator programs; As a reminder, the fintech giant committed the aforementioned sum to various XRPL projects in April 2022. Emi Yoshikawa, vice president of strategy and operations at Ripple, wrote in her x publication that the fund will involve tens of millions of dollars over time for corporate partnerships, investments and grants for developers.

PlanB Issues Epic Bitcoin (BTC) Price Prediction for the End of the Year

In a recent x publicationrenowned crypto analyst PlanB has issued an end-of-year prediction for the price of Bitcoin. The analyst’s Bitcoin scenario spans five years, from 2024 to 2028. The post says: “My best guess is Bitcoin scenario 2024-2028: 2024 (EOY): $0.15 million, 2025: $0.8 million of dollars, 2026: 0.4 million dollars, 2027: 0.3 million dollars, 2028: 0.4 million dollars.” PlanB used the S2F model to compare Bitcoin’s trend with previous cycles, highlighting that it aligns perfectly with the S2F^3 power law model. He admits that this forecast for Bitcoin price seems unlikely, but states that “800K would be in line with the highest and best-fitting R2 historical data model.” Several factors will determine whether PlanB’s positive price prediction for Bitcoin comes true, including investor sentiment around BTC and increased adoption by institutional players through spot Bitcoin ETF products.

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