In a bold move that signals a potential shift in traditional finance, Howard Lutnick has announced his plan to launch a significant $2 billion initiative aimed at facilitating loans using Bitcoin as collateral. This ambitious project, reported by Bloomberg on November 24, is expected to ultimately scale into the tens of billions of dollars. The
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Binance, the leading cryptocurrency exchange globally, is taking significant strides to enhance the trading experience for its users. The platform has announced the introduction of new monthly options contracts along with an array of new trading pairs tailored for margin trading. Effective from November 26, traders will gain access to European-style options for Solana (SOL)
In the wake of Donald Trump’s victory in the recent U.S. elections, the cryptocurrency market has experienced an unprecedented bull run, notably led by Bitcoin. From a position below $70,000 to surpassing the $99,000 milestone, Bitcoin’s ascent has captured the attention of investors and analysts alike. This noteworthy surge illustrates not only the asset’s volatility
Ethereum, the second-largest cryptocurrency by market capitalization, has recently captured attention, trading at levels not seen since July. Its price currently oscillates around $3,470, marking a notable recovery after a tumultuous period. This resurgence above the pivotal 200-day moving average (MA) of $2,965 signifies more than just a price increase; it indicates a potential bullish
Over the past few days, the cryptocurrency market has experienced a remarkable rally, but the momentum appears to be fluctuating as we enter a new week. This shift from a bullish sentiment to a cooling phase raises questions about the sustainability of the gains observed. As digital assets correct, traders and investors alike are analyzing
The digital landscape continues to evolve, and amid this transformation, Truth Social, a social media platform spearheaded by Trump Media and Technology Group (TMTG), is now setting its sights beyond mere social networking. The organization, primarily owned by former U.S. President Donald Trump, has taken steps to trademark a new digital currency payment service named
FIFA Rivals, set to debut in the summer of 2025, is generating significant buzz in the gaming and sports communities. This new mobile football game is a collaboration between Mythical Games and the iconic FIFA brand, aiming to create a unique and immersive experience for fans. Designed to be free to play and accessible on
In a significant legal development, BIT Mining, a notable player in the cryptocurrency mining industry, has faced serious allegations regarding bribery. The company has reached a settlement with U.S. authorities, specifically concerning violations of the Foreign Corrupt Practices Act (FCPA). The charges stem from purported efforts made between 2017 and 2019 to bribe Japanese government
Cardano (ADA) has recently made headlines in the cryptocurrency world, currently occupying the ninth position in market capitalization. Over a remarkably short span of just two weeks, the asset has witnessed an impressive rise of approximately 108%. This growth has been further amplified, reaching a remarkable 32-month peak following a surge of optimistic sentiment in
In the ever-volatile world of cryptocurrency, Bitcoin recently made headlines as it approached the highly coveted $100,000 mark. After weeks of rising prices, reaching an impressive peak of nearly $99,800, Bitcoin’s fortunes took an unexpected turn. Within a short span, the digital currency plummeted by more than $4,000. This abrupt decline not only highlights the
