SHIB Lead Shytoshi Kusama Comes out of 'Quiet Mode,' Ripple Helps Move Almost 500 Million XRP, Robert Kiyosaki Reveals Top Assets for Average Investors: Crypto News Digest by U.Today

Take a look at what happened in the world of crypto by reading U.Today’s top three news stories.

Shiba Inu: Shytoshi Kusama comes out of "quiet mode, here's his message

To the great joy of the SHIB army, Shytoshi Kusama, the lead of the Shiba Inu project, has recently "come out of quiet mode" on his Telegram channel "Shibarium Tech." Kusama engaged in a message exchange with his followers, explaining that he and his team have been "busy with platforms to support the community and begin this network state," which is why SHIB fans have not been hearing from him much lately. "Sometimes silence is the best weapon," wrote the SHIB lead, implying that the efforts spent on work outweigh efforts spent on idle chatting. Kusama also shared that he had been talking to "very important individuals and some top in the community" about the next phase of Shibarium. This could mean that the SHIB project might have further important collaborations on the cards.

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Almost 500 million XRP shoveled in last 24 hours, Ripple giant involved

According to data provided by Whale Alert, yesterday, an anonymous whale moved almost half a billion XRP tokens. The shift was made in two transactions; the first one was made between two anon wallets and carried 412,334,412 XRP, while the second one carried 26,500,000 XRP from an unknown blockchain wallet to the Bitstamp crypto exchange. At the time of these transfers, their value was estimated at $213,373,038 and $13,807,682, respectively. As shared by Bithomp XRP-centered analytics platform, the second transfer was made by Ripple Labs, as it moved its regular XRP lump to Bitstamp. Last week, Whale Alert spotted a similar transaction that moved 400 million XRP from one anonymous address to another.

"Rich Dad Poor Dad" author reveals top assets for average investors

In a recent X post, Robert Kiyosaki, prominent investor and author of the world's bestselling book "Rich Dad Poor Dad," gave a new piece of advice to "average investors" like himself. Kiyosaki recommended not to pretend to be a Warren Buffet and "pick bottoms," but rather to accumulate strong assets and hold them for a long time. He stated that while investing, he relies on the Dollar Cost Averaging (DCA) method. As part of his portfolio, the author has been accumulating gold, silver, real estate and Bitcoin (BTC) for years and used DCA for each. According to Kiyosaki, he purchased his first gold coin for $50, and today that same coin is worth $2,000. "You can become rich by being an average investor, using dollar cost averaging to get rich," concluded Kiyosaki in the last sentence of his post.