US

The post Ripple News: Grayscale Launches First U.S. XRP Trust – Will XRP Price Jump? appeared first on Coinpedia Fintech News In another daring move, crypto asset management giant Grayscale will launch the first U.S. XRP trust on Thursday. As per Fox Business report, Accredited investors will have direct exposure to XRP, the cryptocurrency behind Ripple’s XRP Ledger, which facilitates cross-border payments, through this “closed-end” fund. Launching this trust is significant for all those crypto fans who fear entering the…

The post Bitcoin News Today : Will Miner Sell-Off Trigger BTC Price Crash Amid U.S. Interest Rate Cuts? appeared first on Coinpedia Fintech News Bitcoin (BTC) miners play a fundamental role in securing the network and also producing new coins. Since the fourth Bitcoin halving earlier this year, BTC miners have been readjusting their operations to match the rising difficulty. Moreover, the Bitcoin block reward declined from 6.25 coins to about 3.125 units every ten minutes, thus making it difficult…

The post Bitcoin Price Falls Following US Elections Debate But Pepe Unchained Presale Continues to Show Bullish Momentum appeared first on Coinpedia Fintech News Traders don’t know if they’re coming or going amid volatile market conditions, but the Pepe Unchained ($PEPU) is continuing to show bullish momentum. The short-term outlook for financial markets is convoluted. Uncertainty about the upcoming U.S. elections, anticipation for interest rate cuts, and concerns about a potential economic slowdown are all colliding. Yet, Pepe Unchained continues…

The higher-than-anticipated US core Consumer Price Index (CPI) reading was followed by a decline in Bitcoin (BTC) price as it tumbled almost 1.5% to $56,168 at press time. US Headline CPI Matches Forecast, Core CPI Exceeds It US headline CPI, the metric typically used to assess the inflation rate in the country, came in according to expectations at 0.2% month-over-month (MoM), and 2.5% year-over-year (YoY) for August 2024. However, core CPI (MoM) printed 0.3%, slightly higher than the 0.2% forecasted…

The US Consumer Price Index revealed that inflation dropped to 2.5% in August, down from 2.9% in July. Bitcoin’s subdued response suggests that markets had already priced in the positive news. US Inflation Falls To 2.5% The US Bureau of Labor Statistics (BLS) reported that CPI inflation fell to 2.5% in August, down from 2.9% in July. The CPI measures the average price changes consumers pay for goods and services, serving as a key indicator of inflation and the dollar’s…

The post US Debt Hits $35.3 Trillion: Bitcoin’s Surge Makes Debt Look Smaller! appeared first on Coinpedia Fintech News The US national debt has skyrocketed to $35.3 trillion as of September 10, 2024, marking a $1.36 trillion increase this year. Surprisingly, when compared to Bitcoin, this huge debt appears smaller. According to Sani from Timechain Index, the debt now equals 644 million BTC, down from 761 million BTC at the start of the year. Despite the rising dollar debt, Bitcoin’s…

The post Must Watch PolitifiTokens Ahead Of US Elections! appeared first on Coinpedia Fintech News The recent US Presidential debate puts the Politifi meme coins back on trending pages. However, as Kamala Harris gains a slight upper hand in the recent US presidential debate, the MAGA Trump plunges with the broader crypto market. Amid such conditions, here are the top three PolitiFi tokens to watch out for. Top Three PolitiFi Tokens To Watch Out: MAGA (TRUMP) With a market cap…

The post BTC and ETH ETFs See Strong Inflows Amid U.S. Presidential Debate appeared first on Coinpedia Fintech News Bitcoin ETFs recorded a $117 million net inflow on September 10th, with Grayscale’s mini BTC ETF and Fidelity’s FBTC ETF leading the way with $41.128M and $63.1561M inflows, respectively. With a boost in buying pressure, the surge in inflow marks the first time in 36 days that no U.S. Bitcoin ETFs saw outflows. Further, the Ethereum ETFs registered a net inflow…

The post US Presidential Election Debate 2024: What Topics Will Take Center Stage? appeared first on Coinpedia Fintech News The United States is going to witness a very significant moment in the US Presidential Election Debate 2024. Democratic Kamala Harris and Republican Donald Trump are getting ready to face each other for the election debate. The debate will happen at the National Constitution Center in Philadelphia on September 10, Tuesday at 9 PM ET. This will offer voters an overview…