[ad_1] Bitcoin, Ethereum, and other major cryptocurrencies gained value on Thursday, with investors welcoming the United States Federal Reserve’s decision to hold interest rates steady while maintaining projections for two rate cuts by year-end. As of 12.43 pm, Bitcoin was trading at $85,928.49, up 3.31%, while Ethereum gained 4.13% to reach $2,015.37. The Fed, as […]
Trump pick Lutnick’s firm in talks with Tether for $2 billion bitcoin lending project – CNBC TV18
[ad_1] U.S. President-elect Donald Trump’s pick for Commerce Secretary, Howard Lutnick is in talks to deepen his financial ties with the company operating the world’s largest stablecoin, Tether, by launching a $2 billion project to lend dollars to clients against bitcoin, Bloomberg News reported on Sunday. Lutnick’s financial services firm Cantor Fitzgerald is discussing receiving […]