U.Today - In a stunning turn of events, the SEC's official X account faced a security breach on Tuesday. An unauthorized post claimed that the agency had greenlit the launch of the . However, SEC Chair Gary Gensler swiftly clarified that the agency had not approved any such ETFs, and the misleading post, now deleted, originated from an unauthorized user.
Notably, , the acclaimed author of the best-selling book "Rich Dad Poor Dad," reacted to the news with significant commentary. Expressing enthusiasm for the prospect of a Bitcoin ETF (TSX:EBIT), Kiyosaki highlighted his satisfaction with having invested in Bitcoin years ago. He boldly predicted a surge in Bitcoin's value to $150,000 shortly.
Kiyosaki also foresaw a bullish trajectory for gold, attributing it to central banks' accumulating and holding the precious metal. In contrast, he anticipated a decline in silver prices as some sellers might liquidate their holdings to meet financial obligations amid rising inflation.
Interestingly, Kiyosaki's optimistic outlook took a more cautious tone, suggesting a potential silver market crash. Despite the uncertainty, he declared it as a buying opportunity for silver stackers.
Notably, had earlier made even bolder forecasts, speculating that Bitcoin's price could soar to an unprecedented $1 million.