Bubble Trouble for Bitcoin?

Robert Kiyosaki disagreed with most analysts by predicting that the Bitcoin “bubble” could soon burst.

Author

Danielle du Toit
July 21, 2025

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Here's what we've got for you today:

  • ‘Rich Dad, Poor Dad’ Author Warns Bitcoin ‘Bubble’ Could Burst Soon

  • Bitcoin Exchange CoinDCX Lost $44Million Due to Hack

  • Michael Saylor Again Signals New Bitcoin Purchase

  • Total NFT Market Cap Rebounds Past $6 Billion, Whale Buys 45 CryptoPunks for Over 2,000 ETH

Robert Kiyosaki disagreed with most analysts by predicting that the Bitcoin “bubble” could soon burst, along with gold and silver.

  • Robert Kiyosaki warned that the Bitcoin, gold, and silver bubbles are about to burst, and suggested he’ll buy after the crash.

  • His bearish outlook contrasts with his earlier bullish comments after Bitcoin hit an all-time high above $120,000, where he celebrated owning BTC and warned against overinvesting.

  • In early July, Kiyosaki even mocked crash warnings as “clickbait,” which only adds to the confusion surrounding his current bearish stance.

The Indian crypto exchange suffered a $44.2 million loss after a sophisticated hack compromised its internal account.

  • Indian crypto exchange CoinDCX was hacked on July 18. According to ZachXBT, about $44.2 million was drained from an internal liquidity account.

  • The exchange reportedly waited about 17 hours before confirming the breach, which was later acknowledged by co-founder Sumit Gupta.

  • Gupta assured users that customer wallets were unaffected, all losses are covered by the treasury, and the exchange continues normal operations while cybersecurity experts investigate.

Michael Saylor’s Strategy hinted at another major Bitcoin purchase after recently buying 4,225 BTC.

  • Strategy purchased 4,225 BTC for $472.5 million on July 14, which raised its total holdings to 601,550 BTC worth over $71.4 billion.

  • So far, the Bitcoin stash has generated approximately $28.5 billion in unrealized gains.

  • Strategy’s bullish Bitcoin strategy also boosted its stock, which rose 15.2% in the past month, pushing the company’s market valuation above $118 billion.

📈 Total NFT Market Cap Rebounds Past $6 Billion, Whale Buys 45 CryptoPunks for Over 2,000 ETH

Analysts pointed out that the NFT market seems to be benefiting from the broader bullish sentiment in the crypto sector.

  • The NFT market has surged alongside the crypto rally, with its market cap reaching $6.04 billion—its highest since early February.

  • Global NFT sales volume spiked 154% in 24 hours to $41.4 million, according to CryptoSlam data.

  • Additionally, a single buyer spent 2080 ETH (~$7.8M) on 45 CryptoPunks, driving the floor price up 15.9% to 47.5 ETH in one day.

👀 QUICK NEWS

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