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Financial author Robert Kiyosaki declared Friday’s sharp market downturn confirms the financial collapse he has predicted for decades, stating the U.S. is now in a recession and potentially a depression. His comments came as global stock markets shed trillions, driven by new U.S. tariffs and swift Chinese retaliation. Major U.S. tech stocks were hit hard. Apple, Microsoft, and Nvidia shares fell sharply Friday (7.3%, 3.56%, and 7.36% respectively), extending Thursday’s losses. Amazon, Alphabet (Google), and Meta also saw significant declines (4.15%, 3.20%, 5.06%). The sell-off, wiping a reported $6.4 trillion from global equity markets according to the New York Post , followed new U.S. tariffs taking effect and immediate Chinese countermeasures, including hefty import taxes and company blacklists. In contrast to traditional markets, the crypto market demonstrated resilience. After an initial dip, the total crypto market cap recovered quickly, bouncing back to $2.76 trillion. Bitcoin notably rebounded from lows near $81,000 to trade back above $83,000 Related: Standard Chartered: Bitcoin Correction Linked to Stock Market Dip Taking to social media, Kiyosaki claimed the crash validates warnings from his book “Rich Dad’s Prophecy,” particularly regarding risks to baby boomers’ retirement savings in traditional assets like stocks, bonds, and mutual funds. Instead, Kiyosaki urged Americans to consider alternative stores of value like Bitcoin. “As I have been suggesting for years, I recommend saving real gold, real silver, and today, Bitcoin,” he wrote. He added that the value of these assets will rise as the U.S. dollar weakens and inflation surges. “Gold, silver, and Bitcoin are not going up in price — the dollar is going down in value.” While Kiyosaki’s warnings resonate with some, others point out that he has made similar predictions during past financial crises, such as the Global Financial Crisis, which didn’t fully materialize as expected. Jim Vitek also suggests that the market may not yet be in a “bubble” state, indicating more room for equities to lose value before a crash. Related: Kiyosaki’s Stock Market Crash Warnings Look Prescient—Bitcoin: The Safety Net & Discounted Asset The market downturn followed the latest round of U.S. trade measures targeting imports from China, the EU, and other nations. China’s response was immediate and forceful. European markets followed suit, with the UK’s FTSE 100 dropping 4.9% and Germany’s DAX falling nearly 5%. Japan’s Nikkei lost over 2.7%, with Prime Minister Fumio Kishida calling the situation a “national crisis.” Meanwhile, President Donald Trump dismissed concerns over the market crash, pointing instead to job growth and economic fundamentals. “Hang tough. We can’t lose,” he wrote on social media. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The crypto landscape thrives on momentum, visibility, and utility — and for $STO (StakeStone), its recent listing on Bitget marks a major step forward. But beyond the buzz and initial price movements, this listing carries deeper implications for the project’s ecosystem growth, liquidity, adoption, and long-term trajectory. 1. Increased Accessibility = Wider User Base Bitget is one of the fastest-growing global exchanges, with millions of active users and a strong presence across Asia, Europe, and emerging markets. Listing on Bitget exposes $STO to a much broader audience than ever before, making it significantly easier for both retail and institutional investors to access and trade the token. This enhanced accessibility can lead to: Increased daily trading volume Greater community participation More user-generated liquidity in staking platforms 2. Liquidity Boost and Market Depth With Bitget providing deep order books and robust infrastructure, $STO benefits from enhanced liquidity. For a protocol focused on Liquid Staking Derivatives (LSDs), liquidity is essential not only for trading but also for enabling efficient participation in the broader DeFi ecosystem. Higher liquidity typically leads to: Reduced slippage for traders More confidence from larger investors Better integration opportunities with other DeFi tools 3. Validation and Credibility Getting listed on a major exchange like Bitget serves as a validation checkpoint. It signals to the wider market that StakeStone has passed certain compliance and technological assessments — a form of trust signal that can attract: Potential partners and protocols Developers looking to build on StakeStone Cross-chain bridge platforms and aggregators It’s essentially a vote of confidence that the project is worth watching. 4. Fuel for Ecosystem Growth With more users and liquidity flowing into $STO, the core StakeStone ecosystem stands to gain: Higher TVL (Total Value Locked) from users engaging in liquid staking More demand for integrations with wallets, aggregators, and DeFi dashboards Incentive to roll out new features or LSD variations to retain and grow users This could help StakeStone position itself as a serious contender among top LSD protocols like Lido, Rocket Pool, and Ankr. 5. Opportunity to Scale Community Engagement Listings often coincide with marketing pushes, trading competitions, AMA sessions, and a general wave of community excitement. For StakeStone, this is a prime opportunity to: Educate users on its mission and value proposition Expand its DAO participation or governance base Leverage the momentum for future ecosystem updates or launches Conclusion The Bitget listing is more than a trading event for $STO — it’s a gateway to deeper liquidity, larger community growth, ecosystem expansion, and long-term legitimacy. If StakeStone can capitalize on this exposure with meaningful utility, user incentives, and continued transparency, it could cement itself as a key player in the LSD and DeFi sectors. $STO

JUST IN: 🇬🇧🇺🇸 UK Prime Minister Keir Starmer seeks new trade deal with the United States to remove tariffs.

JUST IN: 🇬🇧🇺🇸 UK Prime Minister Keir Starmer seeks new trade deal with the United States to remove tariffs.

While the crypto market has displayed a constant bearish price action since the month started, the Cosmos ( $ATOM ) price has defied the trend and has displayed an impressive price action overnight. With a trading volume of $276.21 million, this altcoin has successfully reclaimed the $5 mark, indicating a strong bullish inflow. As per analysis, the prime reason for the recent price surge is assumed to be the sharp rise in the technical sentiment of the Cosmos coin. This has resulted in trust-building among investors for Atom price short-term outlook further pushing the price toward a higher price target. Are you one of many who are closely monitoring the market sentiment and price prospects of this bullish altcoin? In this write-up, we will understand the short-term Cosmos price prediction. Atom Price Recalims The $5 Mark ! The Cosmos crypto token has formed an inverted head and shoulder pattern in the daily time frame, indicating a high chance of a bullish rally. Moreover, the altcoin is currently hovering around its neckline, suggesting a sustained positive influence. With a market cap of $1.96 billion, this altcoin currently holds the 41st position. The Moving Average Convergence Divergence (MACD) successfully displays a rising green histogram in the daily time frame. On the other hand, the average trendline records a positive crossover in the ATOM price chart, suggesting an increase in the buying pressure for the altcoin in the cryptocurrency space. Moreover, the Simple Moving Average (SMA) witnesses a similar price trend by achieving a bullish crossover. This indicates that the Cosmos price may continue gaining momentum during the upcoming weekend. Is Cosmos Crypto Worth Buying ? Suppose the bulls continue the positive momentum, in that case, the price of Cosmos token could head to its immediate resistance level of $5.675. Maintaining the value above that level could push the altcoin toward its higher price target of $7 this month. Conversely, if the bearish trend reversal occurs, the ATOM crypto price may plunge toward its low of $4.575. If the bulls fail to regain momentum at that point, this could result in it dropping toward its lower price target of $4 during the days ahead.