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The post US Stock Market’s Hints At Recession, Bitcoin Crash Imminent? appeared first on Coinpedia Fintech News There is a link between broader cryptocurrency and the US Stock Market, although the correlation may not be super strong. Often when one goes up, the other goes up too and if Bitcoin does go up, altcoins follow too, although there is some delay. But if the US stock market falls into recession, could it affect Bitcoin and the broader crypto market? Read…

The cryptocurrency markets are closely watching several key US macroeconomic events this month, which could significantly impact portfolios. Fed interest rates announcements in particular will be a key print in September. Positive economic data often influences investor sentiment in the crypto space. As traditional markets strengthen, investors become more confident in the overall economy, and vice versa. This could influence risk appetite and, ultimately interest in alternative assets like cryptocurrencies US Economic Events to Watch in September Bitcoin (BTC) has…

The post Elon Musk’s Dire Warning: Can Bitcoin Be the Safe Haven Amid U.S. Economic Turmoil? appeared first on Coinpedia Fintech News The rising national debt has been a major concern in America, and it has caught the attention of Elon Musk, the billionaire CEO of Tesla, SpaceX, and X Corp. Musk has issued a stern warning about the U.S. government’s overspending, suggesting that it could lead the country toward bankruptcy.  This warning has prompted discussions on Wall Street about…

The post Max Keiser Predicts U.S. Dollar’s Fall: Bitcoin to the Rescue? appeared first on Coinpedia Fintech News Max Keiser, a well-known financial journalist and Bitcoin advisor to El Salvador’s President Nayib Bukele, has just dropped a bombshell prediction: the U.S. dollar could collapse within the next six months. Keiser’s warning comes as the U.S. national debt soars to unprecedented levels, recently hitting a staggering $35.27 trillion. This translates to an average debt of $104,568 per U.S. citizen. Is Bitcoin…

As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Friday’s GDP data will play crucial roles in shaping Bitcoin market sentiment. Notably, these economic indicators are expected to offer greater clarity on whether the Federal Reserve will commence a rate-cutting cycle in…

As global economic uncertainty looms, Bitcoin (BTC) has experienced increased volatility and is struggling to maintain its footing above critical resistance levels lost over the past month. The largest cryptocurrency on the market remains in a precarious position, but emerging signs could bode well for the BTC price and the broader crypto ecosystem. Fed’s Rate Cuts Signal Hope For Bitcoin Price Recovery One promising development is the possibility of further interest rate cuts by the US Federal Reserve (Fed) later…

The post Donald Trump Will Soon Reveal Plans to Make US the ‘Crypto Capital of the Planet’ appeared first on Coinpedia Fintech News Former President Donald Trump took to his X handle and made a major yet confusing announcement. He shared a video and revealed that he will soon lay out a plan to make the United States the ‘crypto capital of the planet.’  At the July Bitcoin 2024 conference, Trump reinforced his pro-Bitcoin stance, promising to establish a strategic…

The post Crypto Takes Center Stage in the 2024 U.S. Presidential Election Race appeared first on Coinpedia Fintech News With the 2024 U.S. presidential election race heating up, crypto is becoming a hot topic on the campaign trail. As US Presidential candidates Donald Trump and Kamala Harris prepare to face off, their contrasting views on digital currencies could shape the future of the crypto market.  With both candidates bringing different perspectives to the table, this election might be a turning…

The post Nigeria vs. Binance: CEO Demands U.S. Intervention for Employee’s Health Crisis appeared first on Coinpedia Fintech News The ongoing lawsuits by Nigeria against Binance the biggest cryptocurrency exchange for money laundering and tax evasion seem intensifying. On August 27, 2024, Binance CEO Richard Teng, requested the United States to intervene as the health of Tigran Gambaryan a Binance employee and former federal agent, who has deteriorated while in custody. Binance Employee’s Condition Critical  Additionally, the CEO called for…