In a groundbreaking initiative, Howard Lutnick, recently appointed Commerce Secretary under President-elect Donald Trump, is steering a significant shift in the financial landscape with the launch of a $2 billion project aimed at facilitating Bitcoin-backed loans. This venture, as reported by Bloomberg on November 24, is anticipated to evolve into a multi-billion-dollar scheme over time,
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Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing a significant resurgence in trading activity, with its price hovering near $3,470. This level marks the highest trading point since late July, suggesting a promising rebound from previous downturns. A crucial aspect of this recent price movement is Ethereum’s ability to remain above the 200-day moving
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In the wake of Donald Trump’s victory in the recent US elections, the cryptocurrency arena has exploded with renewed vigor, primarily led by Bitcoin’s spectacular ascent. Over the past few weeks, Bitcoin has catapulted from the lower limits of $70,000 to a staggering high of approximately $99,800, reigniting enthusiasm among investors and crypto aficionados alike.
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In the rapidly evolving landscape of mobile gaming, FIFA Rivals emerges as an innovative title set to captivate football enthusiasts and gamers when it launches in summer 2025. Developed by Mythical Games in collaboration with FIFA, this mobile game is designed to be a free-to-play experience accessible on both iOS and Android platforms. What differentiates
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The cryptocurrency market has recently witnessed a dramatic ebb and flow, particularly surrounding Bitcoin’s price dynamics. After reaching a staggering high of nearly $100,000—specifically coming within $200 of this psychological barrier—Bitcoin has encountered a significant retreat. Since Friday’s trading sessions, the asset has experienced a decline of over $4,000, signaling a crucial moment of volatility
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In a significant move reflecting the complexities of corporate governance within the cryptocurrency sector, BIT Mining has settled with U.S. authorities concerning serious allegations of bribery linked to Japanese officials. This settlement, amounting to $10 million, relates to accusations that the company attempted to secure a casino resort license through illicit means, violating the Foreign
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