Tag: Business
Pennsylvania Bill Allocates $7 Billion State Fund for Bitcoin Reserve
Pennsylvania is making waves in the digital asset world with a groundbreaking bill that could allocate $7 billion from the state fund to establish a Bitcoin reserve. This move is seen as a strategic...
Howard Lutnick appointed as commerce secretary under Trump administration
President-elect Donald Trump has made a surprising nomination for Secretary of Commerce, selecting Howard Lutnick, the CEO of Cantor Fitzgerald, a financial services firm. Lutnick is known for his support of protectionist trade measures...
Tokenized Money Market Funds: The Rise of Stablecoin Alternatives
The stablecoin market has seen significant growth over the past year, with an all-time high market cap of $171 billion. Major players like Visa, PayPal, Revolut, and Stripe have all entered the stablecoin space,...
Maximizing Revenue with Solana’s Record-Breaking Daily Fees & Engagement
Solana, the third-largest blockchain network by market cap, has recently experienced a surge in daily revenue and fees, reaching an all-time high of nearly $4 million in revenue over the past 24 hours. This...
Choosing Between USDT and USDC: Important Factors to Consider
Stablecoins like USDT and USDC have become essential components of the digital finance world due to their stability and 1:1 peg to the US dollar. As their use for everyday transactions continues to grow...
Bitcoin Price Plunge to $95k Results in $180M Trader Losses, Halts $100k Surge
Bitcoin's price took a sudden dive below $95,000, causing panic among traders and resulting in significant losses totaling $180 million. This unexpected drop halted the momentum that was pushing Bitcoin towards the $100,000 milestone,...
Iranian Central Bank Advances CBDC and Fintech to Counter Sanctions
Iran's Central Bank is taking bold steps to counter sanctions by advancing its central bank digital currency (CBDC) and embracing fintech innovations. The upcoming launch of the Digital Rial aims to modernize Iran's banking...
Binance Research Warns Memecoins Pose Risk Amid Fundamental Innovation Frenzy
Binance Research recently released a report raising concerns about the risks associated with memecoins in the current market. The report highlighted that a staggering 97% of these tokens have either failed or become inactive...
Woo X Crypto Exchange Introduces ‘George AI’ Trader: AI-Powered Copy Trading App
Cryptocurrency exchange Woo X has recently introduced an AI-powered lead trader named "George AI" to its copy trade application. This new feature allows users to mimic a machine learning crypto sentiment engine and participate...
Mastering the Trump Trade: Success Story of a Crypto Hedge Fund
Former President Donald Trump's landslide victory in the 2024 U.S. presidential election came as no surprise to Quinn Thompson, the founder of the crypto hedge fund Lekker Capital. Thompson had been vocal about his...














