Bitcoin News: Robert Kiyosaki Predicts Silver to Outperform Bitcoin, Foresees $200 Price Target

In a surprising turn of events, renowned financial expert Robert Kiyosaki has predicted that silver will outperform both gold and Bitcoin in the near future, with a potential price surge to $200 per ounce within a couple of years.

Robert Kiyosaki Predicts Silver Price Surge to $200

Financial expert Robert Kiyosaki, known for his book Rich Dad, Poor Dad, has recently sparked speculation by recommending silver over Bitcoin and gold. He believes silver is set for substantial growth and predicts its price could reach $200 per ounce within a year or two. Kiyosaki wrote, “Silver for the next two months is the best of the three, gold, silver, and Bitcoin,” indicating that he expects silver to outperform both gold and Bitcoin in the NEAR future.

GameStop Loses $3 Billion After Bitcoin Investment

GameStop, the video game giant, announced on March 26, 2025, its intention to use proceeds from a $1.3 billion convertible debt offering to purchase Bitcoin. Initially, investors welcomed this news, pushing up GameStop’s stock by 12% on the day of the announcement. However, sentiment quickly reversed the following day, with the stock falling by nearly 24%, leading to a loss of about $3 billion in market capitalization. Investors doubt this strategy, suspected of masking the company’s structural difficulties.

South Carolina Bill Proposes Bitcoin as State Reserve Asset

Introduced by state Rep. Jordan Pace, the “Strategic Digital Assets Reserve Act,” proposes that the state treasurer be allowed to allocate up to 10% of certain public funds into digital assets, starting with Bitcoin. The House Bill 4256, or HB4256, seeks to authorize the state treasurer to purchase and hold Bitcoin as a strategic reserve within key state-managed funds, including the General Fund and Budget Stabilization Reserve Fund. With a maximum cap of one million BTC, the bill outlines a secure framework for custody, mandates regular public audits, and allows for voluntary BTC donations from residents.

South Carolina Explores Bitcoin Reserve, Drops Lawsuit Against Coinbase

South Carolina has taken a significant step toward integrating digital assets into its state-level financial strategy. On March 27, the state lawmakers introduced the Strategic Digital Assets Reserve Act (H4256), a bill that would allow South Carolina to invest up to 10% of its state-held funds in Bitcoin as a safeguard against inflation and economic instability. Representative Jordan Pace sponsored the bill. Additionally, the state has dropped its lawsuit against Coinbase over alleged securities violations related to its staking services.

Undercover Sex Trap Rocks Chinese BTC Holders: 6 BTC Stolen In Sextortion Scam

A shocking case of Bitcoin theft has impacted the Chinese BTC community. In 2024, a software engineer in Chengdu lost 6 BTC to a criminal scam gang. The perpetrators used a honeypot scheme, luring the victim via an X profile with promises of sexual favors. After months of online communication, the victim was coerced into transferring 6 BTC by a gang threatening his reputation in a high-end hotel. Police are investigating and warning crypto users about similar scams targeting holders.