Recession Fears Sink Crypto Market, But Is It Just a Blip on the Radar? The crypto market has taken a tumble, with Bitcoin and US cryptocurrency-related shares plummeting in value. But is this a sign of impending doom or just a normal correction in an otherwise volatile market? To answer this quest
The cryptocurrency market is notorious for its volatility, and Bitcoin is no exception. Recently, its price plummeted from $70,000 to around $50,000, leaving many investors wondering what's next for this digital darling. But, in a remarkable turn of events, Bitcoin's price has rebounded back to $60,
The crypto industry is on a spending spree, dumping over $119 million into the 2024 U.S. presidential election. This staggering amount is more than even giant conglomerates like Koch Industries, which contributed $28 million to its Americans for Prosperity Action PAC. But what's driving this unprece
In recent years, scammers have been exploiting the rise of Bitcoin ATMs to dupe unsuspecting victims out of their hard-earned cash. According to the Federal Trade Commission (FTC), the amount of money lost to these scams has skyrocketed, with over $110 million reported in 2023 alone. What's more, ol
It's September, which means the cryptocurrency market is once again entering its most infamous month. Since 2013, the market has historically taken a nosedive in September, with negative returns in eight of the past eleven years. But, this year, whispers of an impending Federal Reserve rate cut are
As investors eagerly await the Federal Reserve's policy meeting, stock futures are experiencing a lukewarm response. Will the central bankers' decision to cut interest rates for the first time since 2020 be the spark that sets the market ablaze? Or will it be a mere afterthought in the grand scheme
The Federal Reserve is poised to make a big move this week: cutting its key interest rate from a two-decade peak. Will this be enough to deliver a "soft landing" for the economy, or is it just a quick fix? The economy is a complex beast, and predicting its future is like trying to shoot a moving ta
Cryptocurrency exchange Coinbase has just experienced its worst week of the year, with the value of its shares plummeting by 20%. This decline is part of a broader trend in the crypto market, which has seen a significant downturn in recent weeks. What's behind this sudden drop in value? Is it a sign
The stock market is about to open, and investors need to be prepared for what's coming. Here are the top 5 things you need to know before the market opens on Monday. So, what's the big news? Well, the Federal Reserve is set to make a crucial decision on interest rates, which could have a significan
The recent equity rotations have been painting a grim picture for the US economic growth outlook. Goldman Sachs' Chief US Equity Strategist David Kostin and his team have downgraded their growth outlook, citing disappointing labor market reports and a shift in the Federal Reserve's focus from inflat
