Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Robert Kiyosaki argues a global cash shortage is driving the market crash and says he’s holding Bitcoin and gold, crypto executive Jeff Park voiced support for the CFTC taking the lead on crypto regulation. Meanwhile, Tether expanded its commodities lending strategy, with $1.5 billion already deployed to traders.
Robert Kiyosaki, author of Rich Dad Poor Dad, has told his 2.8 million followers on X that he is not selling his Bitcoin or gold despite the sharp decline.
“The everything bubbles are bursting,” he said in a Saturday post, adding that the real reason markets are falling is a global cash shortage. “The cause of all markets crashing is the world is in need of cash,” he added.
