Howard Lutnick, the recently appointed Commerce Secretary by US President-elect Donald Trump, is poised to revolutionize the cryptocurrency realm with an ambitious plan to initiate a $2 billion loan project anchored in Bitcoin. This venture, as reported by Bloomberg, signals a significant shift in how traditional financial institutions perceive and interact with digital currencies. Initial
Binance, the world’s leading cryptocurrency exchange, is making significant strides in enhancing its trading platform and user communication. With the launch of new monthly options and trading pairs for margin trading scheduled for November 26, Binance is positioning itself to better serve its users and adapt to a rapidly evolving crypto landscape. This move not
As Ethereum traverses its highest trading levels since July—holding steady around a price point of $3,470—the cryptocurrency demonstrates a remarkable recovery. This upswing is particularly significant as it has consistently remained above the critical threshold of the 200-day moving average (MA), situated at $2,965. This strong performance not only confirms Ethereum’s bullish price structure but
The aftermath of the recent US elections saw a remarkable shift in the cryptocurrency landscape, with Bitcoin emerging as the standout performer. In just three weeks, the leading digital currency surged from just below $70,000 to a staggering peak above $99,000. This remarkable ascent highlights not only the resilience of the cryptocurrency market but also
Recent trends in the cryptocurrency markets have shown significant volatility, mirroring shifts in broader economic indicators. After an impressive rally, which has seen cryptocurrencies soaring to new heights, a correction seems to be underway as the market cools at the beginning of this week. Such fluctuations are not unusual in digital asset trading, where sentiment
In a notable move to enter the digital currency arena, Trump Media and Technology Group (TMTG)—the organization behind the social media platform Truth Social—has filed a trademark application for the name “TruthFi.” This initiative indicates an ambitious plan to develop a digital currency payment service that could potentially reshape how transactions occur within its ecosystem.
As the digital landscape continues to evolve, mobile gaming is becoming an increasingly significant part of our daily entertainment. Enter FIFA Rivals, an ambitious new mobile football game developed by Mythical Games in collaboration with FIFA, set to take the gaming realm by storm in summer 2025. This free-to-play game, available on iOS and Android
In a significant turn of events, BIT Mining has found itself embroiled in a scandal that highlights serious lapses in corporate ethics and governance. The company recently reached a settlement with US authorities, agreeing to pay $10 million in penalties related to bribery allegations connected to Japanese government officials. These allegations revolve around illicit activities
Bitcoin, the leading cryptocurrency, has experienced a remarkable run recently, reaching tantalizing peaks and coming close to the elusive $100,000 mark. However, just as quickly as it ascended, it has encountered a significant correction. After hitting a record high of approximately $99,800 across various exchanges, Bitcoin’s price has taken a sharp turn, retracting over $4,000
Bitcoin’s position as a leading cryptocurrency continues to spark debate among investors and economists alike, especially in light of its recent price surge. As of November 5th, the digital asset traded over 40% above its average price, prompting discussions about its future role in the economy. Insights from various stakeholders, including market analysts and seasoned