US

The post Did the U.S. Order Telegram Founder Pavel Durov’s Arrest? Russia’s Top Internet Censor Makes Big Claims appeared first on Coinpedia Fintech News Russia’s leading internet regulator suggests that the U.S. was behind the arrest of Telegram co-founder Pavel Durov. The arrest, which took place on August 24th at a French airport, has sparked concerns that Washington may have been targeting the TON cryptocurrency. Durov, who holds dual citizenship with France and the United Arab Emirates, was detained at…

Cryptocurrency traders and investors are closely monitoring key events on this week’s US economic calendar. As Bitcoin (BTC) maintains a price above $64,000, these events could trigger significant market fluctuations. The crypto market, largely driven by retail investors, remains susceptible to economic pressures and regulatory uncertainties. With these factors at play, traders are eager to see how the week unfolds. Key US Economic Events This Week Bitcoin is eyeing further gains, supported by the Federal Reserve’s recent dovish tone. This…

In a new development that is creating ripples in the cryptocurrency space, Whale Alert, one of the top blockchain trackers, has detected two huge Ethereum (ETH) transfers heading to Coinbase. Each transfer involved 150,000 ETH, totaling a staggering 300,000 ETH at nearly $395 million. These transactions were carried out consecutively. Ethereum: Market Reaction And Speculation Big movements typically spark speculation. Large cryptocurrency flows into Coinbase mean the sender may be selling. Increasing availability could lower market prices. Despite Ethereum’s 3.25%…

The post Bitcoin (BTC) Price Skyrocket To $64K as RFK Jr. Backs Trump & Exit From U.S. Election appeared first on Coinpedia Fintech News On Friday, the crypto market saw a significant rise after two major events, firstly Robert F. Kennedy Jr. announced he would drop out of the 2024 U.S. presidential race and endorse former President Donald Trump, and Federal Reserve Chair Jerome Powell hinted at possible rate cuts soon.  These announcements led to Bitcoin (BTC) jumping 5.5% in…

The post The U.S. Debt Crisis and Bitcoin Reserves: Comments and Outlook from Bitharvest CEO Logan appeared first on Coinpedia Fintech News As we progress through 2024, the U.S. debt issue has become increasingly severe. Recent data shows that the total U.S. debt has reached a historical high, with many economists predicting that the country may face the risk of bankruptcy in the coming years. Against this backdrop, Bitcoin reserves are seen as a potential lifeline that could help the…

All eyes are on Bitcoin (BTC) after it reclaimed the $61,000 mark, following the release of the Federal Open Market Committee (FOMC) minutes. The recent price movement has reignited interest in the cryptocurrency, especially given Bitcoin’s correlation with global liquidity. This correlation also draws attention to the US dollar index (DXY), as changes in the DXY can impact BTC. Typically, when the dollar weakens, Bitcoin strengthens due to investors seeking alternative assets.  DXY Records New 2024 Lows: a Look at…

The post Crypto Legislation 2024: How GOP Senate Hopes to Reshape US Crypto Regulations appeared first on Coinpedia Fintech News As the window for crypto legislation in 2024 narrows, key Republican figures, including Sen. Cynthia Lummis (R-Wyo.) and Sen. Tim Scott (R-S.C.), at Wyoming Blockchain Symposium 2024 remain optimistic about passing meaningful crypto laws this year.  Politics to Drive Crypto Regulation Speaking at the SALT Wyoming Symposium, they highlighted the ongoing work in the Senate Agriculture Committee as a potential…

The post Robert Kiyosaki Stark Warning: U.S. Debt Crisis Highlights Need for Gold, Silver, and Bitcoin appeared first on Coinpedia Fintech News Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” raised a stark warning about the U.S. debt crisis, urging individuals to consider investing in gold, silver, and Bitcoin as a hedge against the looming economic uncertainty. U.S. Debt Growing Immensely  In a recent tweet, Robert Kiyosaki highlighted the enormous scale of U.S. debt, comparing a trillion dollars…

The post Bitcoin on the Brink: Will U.S. Jobs Report Trigger a Bear Crash or a Bull Rally? appeared first on Coinpedia Fintech News Major cryptocurrencies fell on Wednesday as the market prepared for the upcoming U.S. jobs report and anticipated speeches from policymakers likely to advocate for interest rate cuts. However, Bitcoin’s price dropped by 2%, trading at $59,456, which has investors worried as it hovers near important support levels. As the market awaits more details, the big question…