According to a Wall Street Journal (WSJ) investigation, Howard Lutnick, Trump's nominee for Commerce Secretary and current presidential transition adviser, maintains significant business connections with cryptocurrency giant Tether through his firm Cantor Fitzgerald.

After weeks of intense speculation, incoming US President Donald Trump has named Scott Bessent his Treasury Secretary pick. The drawn-out selection process has attracted many popular names, including Howard Lutnick of Cantor Fitzgerald, former Federal Reserve governor Kevin Warsh, and billionaire Marc Rowan.

Bitcoin has surged past the $99,800 mark, setting another all-time high as it inches closer to the psychological $100,000 milestone. Despite briefly testing the level, BTC has yet to break through, leaving investors and analysts eagerly anticipating the next move.

Story Highlights Bitcoin price struggles to achieve the $100k mark and records a high of $99,655. Ethereum price hits a new 4-month high and retests the $3.5k mark. XRP price surpasses the $1.5 mark and reclaims its $30-month high.

U.S. spot Bitcoin Exchange-Traded Funds (ETFs) saw an unprecedented surge, attracting a whopping $1.05 billion in net inflows. This marks a significant milestone in the ongoing rise of Bitcoin as a mainstream investment.

Stuart Alderoty, Ripple's chief legal officer, recently highlighted the company's contributions to the cryptocurrency industry's "victory" against the U.S. Securities and Exchange Commission (SEC).

ADA appears set for an upward move, with several factors suggesting a potential rally.

MicroStrategy, the well-known business intelligence firm led by Michael Saylor, has raised $3 billion through the sale of convertible notes, a bold financial move aimed at further expanding its Bitcoin reserves. The company's ongoing strategy to accumulate the cryptocurrency has raised eyebrows across the industry, and this latest development has solidified its position as one of the largest institutional Bitcoin holders.

$100,000, that's for sure. $150,000, why not?

A post-election rally positions ETH for a breakout, but consolidation is likely unless HODLers absorb selling pressure.

Bitcoin blew up the price chart after the US elections, but altcoins pulled ahead this week. Here's how Web3 is making the Internet usable again.

The price of Bitcoin (BTC) has risen to the psychological milestone of $100,000. BTC price analysis by Coinidol.com.

XRP, the cryptocurrency linked to the Ripple network, is currently experiencing a surge in market momentum, largely driven by increased activity from large investors, known as whales. Over the past week, these whales have accumulated over $526 million worth of XRP, marking the largest purchasing spree in nearly three years.

Ripple's recent price action underscores significant bullish momentum as buyers continue to dominate the market. Despite a potential brief consolidation phase, XRP is steadily approaching another coveted milestone of $2, with the prospect of achieving tapping that target by the year's end growing.

Bitcoin's breakout signals bullish strength as $120K emerges as the next key target.

Bitcoin (BTC) Holds $95K as Record ETF Inflows, Pro-Crypto Policies Offset Fed Hawkishness

The acquisition could strengthen Tether's market position, potentially impacting global stablecoin dynamics and U.S. economic policy influence. The post Cantor Fitzgerald, led by Trump's Commerce secretary nominee, struck deal to acquire 5% stake in Tether appeared first on Crypto Briefing.

XRP, the popular cryptocurrency associated with Ripple, is on an impressive upward trajectory, and renowned pro-crypto attorney John Deaton believes that it is on track to reach a massive $100 billion market cap.

XRP continues to shine as bullish momentum propels the price closer to the $1.7 target. This steady climb highlights the strength of buyer confidence and reinforces the optimism surrounding its upward trajectory.

The crypto universe has concluded yet another week, primarily with riveting developments unfolding across the broader sector. Bitcoin (BTC) continues to pump, hitting a new ATH this week.

The Ethereum price has formed a key technical pattern reminiscent of the one observed in 2017 when the cryptocurrency embarked on a major bull rally. According to a crypto analyst, this pattern, known as the ‘Bullish Megaphone‘, could signal a possible price rise to $10,000 for ETH.

President-elect Donald Trump recently nominated Cantor CEO Howard Lutnick for Commerce Secretary.

XRP surges to $1.62, its highest since May 2021, amid SEC shake-up and pro-crypto policy speculation.

ADA has currently slipped into the red zone, but it is holding strong above the $1 level. Up by more than 50 percent in the last seven days, ADA is eyeing the important $2 level. Similarly, Ripple's XRP has also recorded impressive gains and is trading at $1.46 levels.

Cantor Fitzgerald will acquire a 5% ownership stake in Tether, strengthening its role as a key banking partner managing a significant portion of Tether's U.S. Treasury portfolio.

The report comes four days after Cantor Fitzgerald's CEO Howard Lutnick was appointed as President-Elect Donald Trump's Secretary of Commerce.

Ripple's legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple's battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief's Vision for SEC's Crypto Reset Ripple's chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S.

The crypto market has been abuzz with activity regarding XRP, and there is a consensus among investors that its anticipated return to all-time high (ATH) territory may occur sooner than anticipated. Related Reading: Upbit Listing Sends BONK Skyrocketing 67% For A Fresh ATH In Memecoin Mania XRP's price has reached $1.43, marking a monumental 25% increase in the past day alone, bringing its weekly gains to a solid 50%.

President-elect Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald, to be the next Secretary of Commerce. Lutnick, a Wall Street figure and a vocal supporter of Trump, is expected to play a key role in shaping the administration's economic agenda.

Mad Money host Jim Cramer has picked bitcoin over Microstrategy's stock (MSTR), calling the cryptocurrency “a winner.” Jim Cramer Picks Bitcoin Over Microstrategy's Stock Jim Cramer, host of CNBC's Mad Money, shared his insights on bitcoin and Microstrategy's stock (Nasdaq: MSTR) during his show's Lightning Round segment this week.

XRP's price surged over 20% following Gary Gensler's announcement that he will step down as SEC Chairman in January 2025. This revelation has sparked speculation about whether the XRP-SEC lawsuit could come to an end before Gensler's departure.

XRP, the native cryptocurrency of the Ripple network, has recently experienced a major surge in value, surpassing the $1 mark for the first time in years. The rally has generated optimism among investors, with some experts suggesting that the digital asset could see even more significant gains in the near future.

The Bitcoin price rally towards the $100,000 mark is the talk of the crypto industry. Notably, the Bitcoin price has reached new all-time highs for four consecutive days on the path to this $100,000 price level, with the latest being an intraday high of $99,645 in the past 24 hours.

Despite heightened expectations for the Bitcoin price to hit the $100,000 milestone, a crypto analyst has surmised that this key target could present psychological resistance for the pioneer cryptocurrency. Amidst this bearish warning, the coin's price's continued upward movement towards the elusive $100,000 mark has become the center of attention in the crypto community.

Ripple's XRP is down by more than five percent in the last 24 hours and is trading above the $1.50 level. The cryptocurrency is up by more than 40 percent in the last seven days and is now trying to break the $1.70 levels.

Bitcoin has cleared major resistance levels at $70,000, $85,000, and $99,000. The exponential moving averages (EMAs) signal a strong bullish trend, with the 50-day EMA positioned above the 100- and 200-day lines. However, the Relative Strength Index (RSI) has reached 82, indicating overbought conditions that could lead to a short-term price correction.

Bitcoin has just achieved two major milestones that reflect its ever-growing dominance in the digital currency space. On November 21, the cryptocurrency's computational power, known as the hashrate, hit an all-time high of 776 exahash per second (EH/s).

Robert Kiyosaki strongly endorsed Michael Saylor's bitcoin strategy and his $13 million BTC forecast. He urged investors to act, declaring, “Buy bitcoin today. I am.

Legal expert Jeremy Hogan expects XRP ETF products to get a green light from the SEC in the summer of 2025, potentially opening a new era for Ripple.

Following the events of the past week, it is more of a matter of “when” rather than of “if” the Bitcoin price will hit a historic six-figure value. The crypto commentary channels and waves have been largely occupied with the premier cryptocurrency potentially reaching $100,000 over the last few weeks.

The layer-1 blockchain Cardano (ADA) is primed to continue its long-awaited price surge, according to a popular crypto analyst. The digital asset trader Ali Martinez tells his 87,300 followers on the social media platform X that whales and “institutional players” have been buying into the Ethereum (ETH) competitor in anticipation of further price increases.

President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple's CEO called him “the perfect pick” for advancing crypto and innovation.

Former President Donald Trump is taking a significant step toward reshaping the U.S. cryptocurrency landscape. Reports suggest he is assembling a specialized crypto advisory council tasked with creating a strategic Bitcoin reserve, streamlining digital asset regulations, and positioning the U.S. as a dominant player in the global crypto market.

Former star for the Chicago Bulls Scottie Pippen reveals the latest on his crypto currency adventures and the future of the industry.

Cardano (ADA) is currently on an impressive upward trajectory, gaining over 43% in just the past week. This remarkable surge comes amid a broader market rally and heightened activity from both retail traders and institutional investors.

Ethereum has been slow compared to Bitcoin, but this could change if certain moving parts fall into place.

Cardano (ADA) has made a wild move in the past few days and has gained notable attention from crypto enthusiasts, including whales and traders. Besides a significant upside rally in the past few days, the market sentiment suggests that this rally is poised to continue as Cardano's ADA has room to soar.

The ongoing legal battle between Ripple and the Securities and Exchange Commission (SEC) could be entering a pivotal phase. With SEC Chair Gary Gensler officially stepping down on January 20, 2025, optimism is growing among XRP investors and the broader cryptocurrency community.