The price of Bitcoin has dipped to $43.5K, while Babylon Chain has raised $18M in funding for Bitcoin staking initiatives. Financial pundit Robert Kiyosaki has warned of a potential market crash. Babylon Chain's funding will be used to develop their Bitcoin Staking protocol, which aims to enhance the security and liquidity of proof-of-stake networks. Hive Digital Technologies has seen a return on their Bitcoin investments made in December 2022. Kiyosaki advises buying gold, silver, and Bitcoin as a hedge against economic uncertainty. Despite positive developments, Bitcoin is currently experiencing a downturn. The price of Bitcoin is currently around $43,717, with key support levels at $42,429 and $41,190. The RSI suggests a possible brief consolidation or downturn before the price continues to climb. If Bitcoin maintains its upward momentum, it may challenge resistance near $45,926.
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