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Here’s When Bitcoin Will Hit Massive $350,000 Price Tag, According To ‘Rich Dad Poor Dad Author’

The crypto market is not short of ambitious six-figure Bitcoin targets, and Robert Kiyosaki, the author of the personal finance book Rich Dad Poor Dad, known for years as a Bitcoin bull, remains optimistic about 2025. While Bitcoin has slumped after setting a new all-time high above $108,000 on Tuesday, Kiyosaki still thinks BTC can reach $350,000 next year. Robert Kiyosaki Sees $350K Bitcoin In 2025 In a post on X, Robert Kiyosaki reminded his 2.6 million followers that Donald Trump, the first-ever Bitcoin president in the United States, was reelected into office last month. During his 2024 election campaign, Trump made several crypto-related promises, including establishing a strategic Bitcoin stockpile. The concept has since picked up steam both in the U.S. and abroad. While there have been plenty of discussions and proposals, lawmakers have yet to review in detail a clear roadmap and timeline for the enactment of the national BTC reserve. Nevertheless, Kiyosaki believes the premier crypto Bitcoin will skyrocket to a new epic high in 2025 and reach a staggering $350,000 per BTC. Thus, he said, it makes sense to acquire more Bitcoin. “BITCOIN to $350K in 2025. OWN more BITCOIN in 2025,” Kiyosaki posited. Interestingly, a Bitcoiner created a poll to find out whether other Kiyosaki followers believe the flagship crypto will indeed reach $350,000 heights next year. Although only a handful of X users responded to the poll, the majority of the responders are skeptical of the sky-high price target. Are Kiyosaki’s Bitcoin Predictions Reliable? Since May. 2020, Kiyosaki has been a huge advocate for asset classes that cannot be directly manipulated by the Fed, having once advised investors to “Get Bitcoin and save yourself” after the Fed launched its mass money printing sprees to bolster the economy during the pandemic. It’s worth noting that Kiyosaki has a rather questionable track record of predicting Bitcoin’s price. Back in June, the best-selling author predicted that Bitcoin would be worth $350,000 by August. We are already in December, and the crypto’s current all-time high stands at $108,135 following the parabolic rally witnessed in recent weeks. Kiyosaki recently suggested that BTC was headed to $500,000 in 2025 and then climb past $1 million by 2030. In his belief, the gargantuan price appreciation would be triggered by artificial intelligence (AI) dramatically disrupting the global financial sector. As of the time of writing, Bitcoin trades at $101,046, down roughly 2.7% over the last 24 hours. NewsBTC

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Nexo donates 1 BTC to secure the bitcoin network & fund core development

On HODL Day, a celebration of resilience and long-term commitment, Nexo proudly announces its donation of 1 BTC (~$105K) to Brink , a leading non-profit funding Bitcoin Core development. Nexo has generously donated $105,000 to Brink , a non-profit organization dedicated to open-source Bitcoin development. Like any complex system, Bitcoin requires ongoing care and improvement to function optimally. As the network grows, so do the maintenance and development demands. Brink’s mission is to foster a thriving community of Bitcoin developers. This donation will enable them to expand their educational and mentorship programs, empowering the next generation of developers to contribute to Bitcoin’s future. Bitcoin Core development is the backbone of the Bitcoin network. By continually refining the underlying code, developers help ensure the network’s security, reliability, and scalability. Brink’s efforts in fuzz testing, bug fixing, and secure updates are crucial to maintaining Bitcoin’s strength and resilience for millions of users worldwide. 1 BTC donation covers ~7% of Brink’s $1.5M 2024 funding goal. Transaction: https://www.blockchain.com/explorer/transactions/btc/15aeb76eb864296de1e957234d2460ef94a4740bcee5bd7020900151f826c220 Nexo’s generous donation of 1 BTC to Brink represents a substantial step towards securing Bitcoin’s future. This contribution covers roughly 7% of Brink’s $1.5 million funding goal for 2024. By supporting Brink, Nexo directly empowers a global community of developers working tirelessly to enhance Bitcoin’s security and reliability. This funding will enable developers to address emerging vulnerabilities, conduct rigorous code reviews, and implement critical updates that safeguard the network. “Brink is very grateful for this 1 BTC contribution from Nexo to our developer funding efforts! The funds will be used to support our engineers’ work of securing Bitcoin software through their efforts of fuzz testing, code review, and other projects outlined in our recent annual report . Thank you Nexo! — [Mike Schmidt, Executive Director, Brink] Thanks to community donations, Brink has become a bug-hunting force, actively identifying and fixing critical vulnerabilities in the Bitcoin software. Recent disclosures on BitcoinCore.org offer a glimpse into the types of threats Brink and Bitcoin Core developers tirelessly combat, ensuring the network’s robustness for everyone. “Bitcoin Core developers are Bitcoin’s unsung guardians. By supporting their work, we help ensure that Bitcoin remains the most secure, innovative, and decentralized asset for future generations. This donation will directly fund Brink’s developers and is a testament to our shared responsibility to safeguard Bitcoin’s future. Stepping in to support critical development work that relies on contributions like these to move forward is crucial for the digital asset industry and we hope it inspires others to recognize the importance of funding Bitcoin Core development for securing the network’s future for millions worldwide.“ — [Elitsa Taskova, CPO, Nexo] This dedication to Bitcoin’s health isn’t lost on Nexo, a platform founded by “HODLers” (long-term Bitcoin believers). Nexo has a history of supporting Brink , and this HODL Day they’re making another significant contribution. This isn’t just a one-time act; Nexo is committed to Bitcoin’s future, ensuring its security for generations of HODLers to come. The collaboration between Nexo and Brink extends beyond finance. Earlier this year, they fostered a sense of community through the Bitcoin emoji initiative . This act signifies their commitment not just to Bitcoin’s security but also to its global impact. NewsBTC