Investment

Vanguard, a major investment firm, still views Bitcoin as a speculative ’toy’ unsuitable for long-term wealth building. However, the company has begun allowing its clients to access Bitcoin ETFs offered by competitors like BlackRock and Fidelity on its platform.

Ripple raised €430 million from major Wall Street firms at a €34 billion valuation, but investors secured significant protections due to the company’s heavy reliance on XRP, which has declined over 40% since July.

Bank of America will allow advisors to recommend clients invest up to 4% of their portfolio in Bitcoin ETFs starting January, joining other major US banks in embracing crypto investments.

Traditional saving methods no longer beat inflation, making Bitcoin allocation a prudent risk management strategy for investors.

Robert Kiyosaki, author of ‘Rich Dad Poor Dad’ and known Bitcoin advocate, has sold nearly €2 million worth of Bitcoin at $90,000 per coin, surprising his followers. He plans to reinvest in passive income opportunities while remaining bullish on Bitcoin long-term.