Welcome back, blockchain enthusiasts! In today’s blog post, we’ll dive into the latest happenings in the world of cryptocurrencies and blockchain. From the skyrocketing price of Axie Infinity (AXS) to a record-breaking Bitcoin transaction fee and investment advice from the legendary Robert Kiyosaki, we have plenty to unravel. So, let’s jump right in!

Axie Infinity (AXS): Soaring to New Heights
Axie Infinity, the popular play-to-earn blockchain game, has been making waves lately. Recently, its native token, AXS, reached a 175-day high of $7.51, showcasing its growing strength in the market. But that’s not all – technical analysis suggests that AXS has the potential to continue its upward momentum and eventually hit the $10 mark. Factors like the Relative Strength Index (RSI) and bullish divergence are playing a crucial role in supporting this optimistic rally. Positive announcements from the Sky Mavis team, including the revival of the original Axie Classic game and the introduction of the Axie Infinity Merch Store, have further fueled the price surge. However, as with any investment, caution is key. If AXS fails to maintain its breakout level above $6.70, a decline of 25% to the nearest support level at $5.50 could be on the horizon.

Bitcoin Transaction Follies: A Pricey Mistake
In a truly astonishing turn of events, a record-breaking Bitcoin transaction fee amounting to $3.1 million made headlines. Antpool, the mining pool responsible for mining the block, received a whopping 85.2163 BTC in fees, in addition to the standard 6.25 BTC. While rising Bitcoin transaction fees due to increased NFT project activity aren’t entirely surprising, this specific transaction stands out as an individual error rather than a broader market impact. The sender’s wallet was created moments before the transfer, and strangely enough, the recipient received a mere 55.78 BTC instead of the original 139.42 BTC. Antpool remains mum on the overpaid fee, leaving us to wonder about the story behind this peculiar occurrence.

Robert Kiyosaki’s Investment Insights: Seeking Inflation Hedges
You might know him as the author of the renowned personal finance book “Rich Dad Poor Dad.” Robert Kiyosaki is no stranger to the world of investments and financial strategies. Lately, he has been vocal about his concerns regarding inflation and its impact on fiat currencies. Kiyosaki advocates for investing in assets like Bitcoin, gold, and silver due to their ability to retain value amidst a depreciating fiat monetary system. He attributes rising inflation to what he refers to as the “woke government,” claiming that leaders show little regard for the average person. Kiyosaki predicts substantial price increases, envisioning gold reaching $3,700 and Bitcoin soaring to $100,000 in the future. In the event of a stocks and bonds market crash, he goes even further, suggesting Bitcoin could reach a staggering $1 million, while gold and silver could rise to $75,000 and $65,000, respectively.

As always, these predictions and insights should be taken with a grain of salt, as the unpredictable nature of the market makes it impossible to guarantee any particular outcome. However, it’s evident that blockchain technology, cryptocurrencies, and the ever-evolving financial landscape continue to capture the attention of spectators and participants alike.

That wraps up our blockchain masterclass for today. Stay tuned for more captivating updates from the exciting world of cryptocurrencies and blockchain. Happy investing, everyone!