{"id":667884,"date":"2024-12-28T20:00:17","date_gmt":"2024-12-28T20:00:17","guid":{"rendered":"https:\/\/wncen.com\/?p=667884"},"modified":"2024-12-28T10:22:30","modified_gmt":"2024-12-28T10:22:30","slug":"bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama\/","title":{"rendered":"Bitcoin To $350K? Kiyosaki Stands Firm Amid BlackRock ETF Drama"},"content":{"rendered":"<p>Bitcoin fans have been abuzz after a bold prediction emerged: Robert Kiyosaki, the author of &#8220;Rich Dad Poor Dad&#8221;, believes that Bitcoin can reach $350,000 by 2025. His prediction isn&#8217;t just based on a guess. Kiyosaki points out the digital asset&#8217;s impressive 130% growth this year as a sign of what is to come. Can Bitcoin really go that high?<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-exchange-reserves-surge-are-traders-preparing-for-a-major-market-shift\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Exchange Reserves Surge: Are Traders Preparing For A Major Market Shift?<\/a><\/div>\n<h2><strong>The Institutional Push: Help Or Hindrance?<\/strong><\/h2>\n<p>Institutional players like BlackRock are entering the crypto space in big ways. Their involvement legitimized Bitcoin. But things are not all rosy either. Recently, <a href=\"https:\/\/finance.yahoo.com\/news\/bitcoin-etf-outflows-hit-1-214707379.html?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAANVT3YuF2sKuk5LANkOrup6o8AeOdWv1XamjRAdixsSq7NA03d2Jel8Qyt4KNZjty24GatDVzZK5WOeAn4JSJ5LegmtVsIDzmpn8LyT0ha9IwLSrBz-W_SFX_iO833RwQXeoNk5J5AcIQxzl0hj8hplhlDRx1P2cyTY3qp8KAph1\" target=\"_blank\" rel=\"noopener nofollow\">BlackRock <\/a>reported $188 million in outflows for its <a href=\"https:\/\/www.investopedia.com\/spot-bitcoin-etfs-8358373\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin ETF<\/a>. For some people, that was a red flag. The critics worry that such giants will manipulate the market. Kiyosaki, an adamant proponent of financial freedom, encourages investors to keep their Bitcoin private wallets and not let institutions handle it.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Larry Fink dumping Bitcoin. VIVEK warned Larry Fink of BLACK ROCK is a Marxist. Vivek warned Fink &amp; Black Rock are Share Holder Capitalist not Stake Holder Caplitist. Share Holder Capitalists are Marxist\u2026.like Klaus Schwab who state: \u201cSomeday you\u2019ll own nothing and you\u2019ll be\u2026<\/p>\n<p>\u2014 Robert Kiyosaki (@theRealKiyosaki) <a href=\"https:\/\/twitter.com\/theRealKiyosaki\/status\/40704137?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 27, 2024<\/a><\/p><\/blockquote>\n<h2><strong>Is Bitcoin Getting Too Centralized?<\/strong><\/h2>\n<p>One of the best things about Bitcoin is its <a href=\"https:\/\/www.sciencedirect.com\/science\/article\/abs\/pii\/S00113\" target=\"_blank\" rel=\"noopener nofollow\">decentralized<\/a> nature. As Wall Street behemoths such as BlackRock begin to dip their toes in, fears of centralization start to fill the air. Kiyosaki does not trust these institutions. He believes they may end up gaining too much influence over the crypto market. This would shift Bitcoin from its original appeal as &#8220;people&#8217;s money.&#8221;<\/p>\n<figure style=\"width: 1626px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/ePXkN91x\/\" width=\"1626\" height=\"883\"><figcaption class=\"wp-caption-text\">Bitcoin is currently trading at $94,465. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>With such concerns, institutional interest still may drive up demand. If the market perceives Bitcoin as a &#8220;safe bet&#8221; due to BlackRock and others, its price may skyrocket. However, the potential downside\u2014the loss of the power of decentralization\u2014cannot be disregarded.<\/p>\n<h3><strong>The Road To 2025<\/strong><\/h3>\n<p>Will Bitcoin hit $350,000 by 2025? Opinions remain divided. The crypto market is famously unpredictable, driven by factors like investor sentiment, regulation, and global economic conditions. Kiyosaki\u2019s bullish stance appeals to those who see Bitcoin as a hedge against inflation. But others argue that market manipulation and regulatory scrutiny could keep prices in check.<\/p>\n<figure id=\"attachment_667886\" aria-describedby=\"caption-attachment-667886\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-667886 size-full\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_83ebf1.png?resize=1024%2C387\" alt=\"\" width=\"1024\" height=\"387\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_83ebf1.png?w=1038 1038w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_83ebf1.png?w=460 460w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_83ebf1.png?w=768 768w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_83ebf1.png?w=860 860w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_83ebf1.png?w=750 750w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-667886\" class=\"wp-caption-text\">Bitcoin price in the red zone today. Source: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">Coingecko<\/a><\/figcaption><\/figure>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/dogecoin-2\/dogecoin-rally-ahead-analyst-hints-at-a-bigger-breakout-than-2021\/\" target=\"_blank\" rel=\"noopener \">Dogecoin Rally Ahead: Analyst Hints At A Bigger Breakout Than 2021<\/a><\/div>\n<p>For now, one thing is quite obvious: Bitcoin is sure to be a hot and highly debated topic. Investor caution is the watchword of the day. While the thought of $350,000 is very tempting, a consideration of risks and reward must be undertaken.<\/p>\n<p>Crypto markets are still in an evolving stage. Predictions such as those by Kiyosaki are intriguing, but only time will tell whether or not Bitcoin will see those dizzying heights. For now, stay educated and cautious.<\/p>\n<p>At the time of writing, Bitcoin was <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">trading at $94,448<\/a>, down 2.4% and 4.3% in the daily and weekly timeframes, data from Coingecko shows.<\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fans have been abuzz after a bold prediction emerged: Robert Kiyosaki, the author of &#8220;Rich Dad Poor Dad&#8221;, believes that Bitcoin can reach $350,000 by 2025. His prediction isn&#8217;t just based on a guess. Kiyosaki points out the digital asset&#8217;s impressive 130% growth this year as a sign of what is to come. Can Bitcoin really go that high? Related Reading: Bitcoin Exchange Reserves Surge: Are Traders Preparing For A Major Market Shift? The Institutional Push: Help Or Hindrance? Institutional players like BlackRock are entering the crypto space in big ways. Their involvement legitimized Bitcoin. But things are not all rosy either. Recently, BlackRock reported $188 million in outflows for its Bitcoin ETF. For some people, that was a red flag. The critics worry that such giants will manipulate the market. Kiyosaki, an adamant proponent of financial freedom, encourages investors to keep their Bitcoin private wallets and not let institutions handle it. Larry Fink dumping Bitcoin. VIVEK warned Larry Fink of BLACK ROCK is a Marxist. Vivek warned Fink &amp; Black Rock are Share Holder Capitalist not Stake Holder Caplitist. Share Holder Capitalists are Marxist\u2026.like Klaus Schwab who state: \u201cSomeday you\u2019ll own nothing and you\u2019ll be\u2026 \u2014 Robert Kiyosaki (@theRealKiyosaki) December 27, 2024 Is Bitcoin Getting Too Centralized? One of the best things about Bitcoin is its decentralized nature. As Wall Street behemoths such as BlackRock begin to dip their toes in, fears of centralization start to fill the air. Kiyosaki does not trust these institutions. He believes they may end up gaining too much influence over the crypto market. This would shift Bitcoin from its original appeal as &#8220;people&#8217;s money.&#8221; With such concerns, institutional interest still may drive up demand. If the market perceives Bitcoin as a &#8220;safe bet&#8221; due to BlackRock and others, its price may skyrocket. However, the potential downside\u2014the loss of the power of decentralization\u2014cannot be disregarded. The Road To 2025 Will Bitcoin hit $350,000 by 2025? Opinions remain divided. The crypto market is famously unpredictable, driven by factors like investor sentiment, regulation, and global economic conditions. Kiyosaki\u2019s bullish stance appeals to those who see Bitcoin as a hedge against inflation. But others argue that market manipulation and regulatory scrutiny could keep prices in check. Related Reading: Dogecoin Rally Ahead: Analyst Hints At A Bigger Breakout Than 2021 For now, one thing is quite obvious: Bitcoin is sure to be a hot and highly debated topic. Investor caution is the watchword of the day. While the thought of $350,000 is very tempting, a consideration of risks and reward must be undertaken. Crypto markets are still in an evolving stage. Predictions such as those by Kiyosaki are intriguing, but only time will tell whether or not Bitcoin will see those dizzying heights. For now, stay educated and cautious. At the time of writing, Bitcoin was trading at $94,448, down 2.4% and 4.3% in the daily and weekly timeframes, data from Coingecko shows. Featured image from Pexels, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":667891,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651],"tags":[428,7720,1119,6664,1944,85621],"class_list":["post-667884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-blackrock","tag-btc","tag-crypto","tag-etf","tag-kiyosaki"],"acf":[],"yoast_head":"\n<title>$350K Bitcoin? 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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Kiyosaki Stands Firm Amid BlackRock ETF Drama","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_579758.jpg?fit=2758%2C2566","datePublished":"2024-12-28T20:00:17+00:00","dateModified":"2024-12-28T10:22:30+00:00","description":"Bitcoin fans have been abuzz after a bold prediction emerged: Robert Kiyosaki, the author of \"Rich Dad Poor Dad\", believes that Bitcoin can reach $350,000","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin\/bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_579758.jpg?fit=2758%2C2566","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/a_579758.jpg?fit=2758%2C2566","width":2758,"height":2566,"caption":"Kiyosaki"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-to-350k-kiyosaki-stands-firm-amid-blackrock-etf-drama\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin To $350K? 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin To $350K? 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