Ethereum's derivatives market is surging as open interest in futures contracts climbs to an unprecedented $20.8 billion. This record-breaking milestone reflects increasing bullish sentiment and heightened activity among traders betting on Ethereum's continued price rise.

Wall Street powerhouse Cantor Fitzgerald plans to launch a multibillion-dollar lending program using bitcoin as collateral, potentially reshaping crypto-backed financing and deepening ties with Tether Holdings.

According to stablecoin firm Tether, over $134 billion USDt tokens are circulating across various blockchain protocols as of November 2024.

Financial services firm Cantor Fitzgerald, which serves as Tether's banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday.

Ethereum (ETH) is currently facing significant downward pressure, with its price declining by 3% over the past 24 hours. This bearish trend could push ETH's price below the critical $3,000 price level.

Ethereum (ETH) is showing early signs of recovery as it consolidates near the $3,250 mark, reclaiming critical support levels.

Ethereum staking recorded a net inflow of +10k ETH, with 115k ETH deposited and 105k ETH withdrawn.

Cantor Fitzgerald, a prominent US financial services firm, is expanding its alliance with Tether, a key player in the digital asset industry and the issuer of the world's largest stablecoin.

NFT sales totaled $158 million in the past seven days. That is down 12.7% from the previous week of sales that reached $181 million.

Howard Lutnick, CEO and majority owner of Cantor Fitzgerald, has been nominated as Commerce Secretary by President-elect Donald Trump. Lutnick's potential appointment signals a possible pro-crypto shift in U.S. policy, given his involvement with blockchain and digital asset initiatives.

Howard Lutnick, CEO of Cantor Fitzgerald, is nominated as Commerce Secretary, which could affect U.S. crypto rules. His firm owns 5% of Tether and handles most of its reserves.

Tether's treasury mints 2 billion USDT tokens on the Ethereum network.

Financial services giant Cantor Fitzgerald has reportedly acquired a 5% stake in Tether, the world's largest stablecoin issuer, in a deal valued at up to $600 million. The post Cantor Fitzgerald Acquires 5% Stake in Stablecoin Issuer Tether, Valued up to $600M appeared first on Cryptonews.

Investor interest in the spot Ethereum ETFs (exchange-traded funds) appeared to have waned after failing to register a net inflow day for six consecutive days. However, the cryptocurrency products ended the week on a high with a substantial capital influx on Friday, November 22.

Cantor Fitzgerald CEO Howard Lutnick, President-elect Trump's Commerce Secretary nominee, wants to launch a $2 billion project to lend dollars to clients against Bitcoin.

Bitcoin (BTC) and Ethereum (ETH), the leading cryptocurrencies, are once again capturing attention with their remarkable price movements. Analysts believe Bitcoin has entered a new parabolic phase that could stretch across 300 days, while Ethereum has broken out of a bullish pattern, setting its sights on significant price gains.

Lido is one of the most important liquid staking protocols within the Ethereum ecosystem. Its model allows users to earn rewards from staking Ethereum (ETH) without losing liquidity, through the use of liquid tokens such as stETH and wstETH.

Howard Lutnick's Cantor Fitzgerald reportedly seeks to strengthen its financial ties with USDT issuer Tether.

Ethereum's recent surge has caught the attention of the cryptocurrency market, with a notable bullish engulfing candle signaling a potential breakout. This surge follows a brief consolidation period and has rekindled optimism that Ethereum may be on the brink of a major rally.

Ethereum is targeting the psychological $4,000 price mark, with its current price at $3,400 after an 8% gain last week. Learn how to trade Ethereum effectively.

Riding both Bitcoin and Donald Trump's coattails, several Ethereum competitors are shining bright in November. Is Ether still a good investment in cryptocurrency?

November has already surpassed October's total volume, continuing strong market momentum for NFTs.

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.

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.

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.

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

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.

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.

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.

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

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.

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

Solana (SOL) has become one of the most talked-about projects in the blockchain space, and with good reason. In recent months, the network has surged ahead in critical metrics like daily network fees, decentralized exchange (DEX) trading volume, and real-world adoption.

Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $20 billion, setting a new record and highlighting heightened speculative activity.

Google, Microsoft, Amazon, and IBM are some of the biggest companies currently researching and developing quantum computer technology.

Ethereum (ETH) has been experiencing a period of relative stability above the $3,000 mark, but recent fluctuations in the ETH/BTC pair are catching the attention of investors. As the ETH/BTC pair hits its lowest level since 2021, traders from key markets such as Korea and the U.S. are seizing the opportunity to accumulate Ethereum, believing the token is undervalued at current prices.

Circle's USDC and CCTP integration with Aptos enhances blockchain interoperability, bridging TradFi and DeFi worlds.

Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.

While Ethereum seems to have begun its own major rally, the asset has recently experienced significant activity on the Deribit Options Exchange which begs the question of what it means for ETH's price. A CryptoQuant analyst known as Amr Taha detailed these developments in a post on the CryptoQuant QuickTake platform.

A closely followed crypto analyst believes that the most popular memecoin by market cap is primed for another leg up. Pseudonymous analyst Altcoin Sherpa tells his 230,700 followers on the social media platform X that Dogecoin (DOGE) is printing a bullish pattern on the four-hour chart after bouncing off of the $0.36 level.

As Bitcoin surges toward the $100,000 mark, touching a new all-time high of $99,655.50, the non-fungible token (NFT) sales volume has shown a drop of 9.6% to $160.9 million. The global cryptocurrency market capitalization has continued to surge, reaching $3.

The massive altcoin season, characterized by massive inflows in assets compared to Bitcoin due to bullish momentum, might be around the corner. The present sentiment leans towards Bitcoin, with the asset breaking multiple all-time highs, hitting $99K.

Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after rising % on.

Ethereum whales have transferred 120,000 ETH tokens worth $217.4 million over the past 24 hours.

Analysts are eyeing a potential $20,000 cycle top for the Ether price, which is expected to gain momentum in the first half of 2025.

The world of cryptocurrencies is in constant upheaval, but certain developments draw particular attention due to their scale and implications. Indeed, open interest in futures contracts on Ethereum has just crossed an unprecedented threshold, surpassing 20 billion dollars.