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**”Kiyosaki Criticizes BlackRock, Predicts Bitcoin Will Reach $350K by 2025″**
Renowned author and crypto enthusiast Robert Kiyosaki has recently taken to Twitter to express his thoughts on the current state of the cryptocurrency market. In a series of tweets, he has criticized BlackRock for allegedly suppressing the price of Bitcoin (BTC). This claim has sparked controversy in the crypto community.
According to Kiyosaki’s tweets, he believes that it is only a matter of time before Bitcoin reaches $350,000 by 2025. His criticism of BlackRock stems from his theory that the company is actively working to keep the price of Bitcoin down so that institutional investors can purchase it at a lower rate.
Kiyosaki is no stranger to making bold predictions in the cryptocurrency market. In the past, he has made accurate predictions regarding the direction of various cryptocurrencies. His latest claim has sparked significant interest and debate within the crypto community.
While Kiyosaki’s prediction may seem ambitious, there are several factors that could contribute to its validity. For instance, many publicly traded companies have been increasingly incorporating Bitcoin into their corporate treasuries. This trend, which was first started by MicroStrategy in 2020, has continued to gain momentum with companies like KULR Technology recently allocating a significant portion of their surplus funds to the cryptocurrency.
Additionally, there are ongoing efforts to create new investment instruments that provide exposure to Bitcoin. Bitwise Asset Management has applied for an ETF that tracks the shares of companies that hold at least 1,000 BTC in treasury. Similarly, Strive Asset Management has filed a second application for a Bitcoin Bond ETF. This type of activity could potentially contribute to increased demand and higher prices for the cryptocurrency.
Furthermore, Kiyosaki’s criticism of BlackRock may have some merit given the company’s massive influence over the global financial system. As one of the largest asset managers in the world, it is not difficult to imagine a scenario where they would seek to suppress the price of Bitcoin to benefit their own investors.
While only time will tell if Kiyosaki’s prediction comes to pass, his criticism of BlackRock has certainly raised some eyebrows within the crypto community.
Source: coinpedia.org
