Howard Lutnick, CEO of Cantor Fitzgerald, a Wall Street private financial services company, has recently confirmed that they lent their services to Tether, the issuer of the biggest stablecoin in the cryptocurrency market. On CNBC’s Money Movers, Lutnick stated that he was a fan of Tether and that they held their treasuries. Cantor Fitzgerald CEO […]
Bitcoin Technical Analysis: Bears Take the Reins Clawing BTC’s Price Back
On Monday, the valuation of bitcoin experienced a 3.3% decline within the past day, falling beneath the $ 42K threshold. Currently positioned at $ 42,224, bitcoin’s valuation is undergoing a marked shift in the cryptocurrency landscape on Dec. 11, 2023, just two days prior to the forthcoming meeting of the U.S. Federal Reserve. …
Cardano’s Charles Hoskinson Clashes With Blockstream’s Adam Back Over Crypto Security Classification
Charles Hoskinson, co-founder of Input Output Global (IOHK) and the Cardano blockchain initiative, recently expressed his frustration in a video over the U.S. regulator’s decision to categorize the cryptocurrency cardano as a security. He’s perplexed and critical about the exemption of bitcoin from being tagged as a security, mocking the situation as a “pathetic joke” […]
South Korea’s Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average
Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 2023, the Korean won accounted for 3.53% of all bitcoin (BTC) trades in the previous 24 hours. Bitcoin Price Soars $ …
AI-Driven Crypto Market Rebounds Back to $3 Billion Amid Surge in Leading Tokens
In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $ 4 billion. Yet, by the end of July, this sector experienced a notable decline, dropping to $ 2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the AI-focused crypto landscape, with …