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.

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.

KSM pulls off a mighty 119% single-day rally, following a surge in liquidity within the Polkadot and Kusama ecosystems.

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.

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.

Shytoshi Kusama, the anonymous lead spokesperson of the Shiba Inu (SHIB) ecosystem, has taken to X to highlight the popular meme-inspired cryptocurrency's position among the market's top performers.

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

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.

Polkadot price rose for three consecutive weeks, reaching its highest level since March 4. It has risen to above $8, up by over 138% from its lowest point this year. Similarly, Kusama (KSM) token rose to $45, a significant increase from the year-to-date low of $16.43.

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.

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.

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.

Ryoshi, the creator of SHIB, had the idea for Treat to replace BONE as the reward token for ShibSwap. TREAT seeks to improve the Shiba Inu ecosystem's governance and trust.

Shiba Inu lead Shytoshi Kusama has announced the launch of the TREAT token, a major addition to the SHIB ecosystem. Originally envisioned by SHIB's creator, Ryoshi, Treat is designed to replace BONE as ShibSwap's reward token and provide liquidity for SHIB, the ecosystem's stablecoin.

Solana (SOL) has recorded a new all-time high (ATH) of $262, marking a historic recovery after three years of tumultuous price action. Notably, the token had once fallen as low as $8 at the peak of the FTX exchange collapse and the ensuing crypto bear market.

Bitcoin Cash (BCH) has been making headlines with its recent price surge, crossing the significant $500 mark and drawing attention from traders and investors. After a remarkable rally of 18.29% in the past 24 hours, BCH is not only holding above the $500 threshold but is also eyeing further gains, with the next key resistance target at $541.

Why Utility Cryptos Were Triumphant This Week

Bitcoin Cash (BCH) added nearly 35% to its value in the past month and rallied 12% on Thursday, November 21. Bitcoin's (BTC) observed a rally to $98,384 early on Thursday, with BCH and other top cryptocurrencies tagging along for the ride.

TRON (TRX) has been enjoying a significant resurgence this November, with its price making impressive gains, and the network showing strong performance across several key metrics. While the token's price increase is drawing attention, it is the dominance of USDT (Tether) on the TRON network that could be setting the stage for further growth.

Bitcoin Cash (BCH) eyes a 50% rally to $709 by December after breaking out of bullish technical patterns, supported by Bitcoin's halving momentum and Trump's pro-crypto policies.

Bitcoin Cash has surged over the past 24 hours to reach a 7-month high.

The cryptocurrency market experiences positive sentiments as Bitcoin nears $100K after topping $97K. Amidst the bullish trends, Bitcoin Cash (BCH) surpassed the $10 billion market cap after significant 24-hour surges. The upward trend triggered speculations about the potential for BCH price in the coming sessions.

Bitcoin Cash's price gains over the last seven days have outpaced market leaders Bitcoin and Ethereum. This morning (UTC), Bitcoin Cash ($BCH) blew up 17% in the course of 24 hours. The surge was brief, though, and the coin's 24-hour gains have since dropped to 8.1%.

Ethereum Classic was also among the top performers, gaining 9.4%.

Bitcoin Cash (BCH) price has risen more than 10% in the last 24 hours, surpassing the $10 billion market cap and signaling renewed bullish momentum. The recent surge has brought BCH closer to key resistance levels, indicating the potential for further gains if the uptrend strengthens.

A cryptocurrency user has miraculously recovered $129 million in USDT after falling victim to a phishing attack. This unprecedented event, originally reported by Wu Blockchain, highlights both the risks inherent in digital asset transactions and the extraordinary circumstances behind the return of the funds.

BCH jumped over 20% on Nov. 20, leading the top 100 cryptos, as analysts point to bullish chart patterns hinting at more gains.

As Bitcoin price creates a new all-time high at $97,900, the close curse in Bitcoin Cash is making waves. With a massive surge of 18.29% in the past 24 hours, the BCH price has crossed the $500 barrier.

The crypto market has been creating with optimism hitting new peaks each day. As a result, the market cap of the industry has surged 3.98% in the last 24 hours to $3.19 trillion. The trade volumes also registered a notable spike of 7.19%, with $193.79 billion moved.

TRON's November recovery means the network is in a good position right now.

As crypto grows, so does the list of complex terms to understand — like utility tokens.

A crypto whale narrowly avoided a $129 million USDT loss after falling victim to a phishing scam on the TRON blockchain. Blockchain security firm Scam Sniffer reported the incident on Nov. 20, detailing how the stolen funds were unexpectedly returned within hours.

A crypto investor lost a substantial amount of USDT tokens to a phishing address but eventually witnessed a return of the funds hours later.

The story of a user who unwittingly sent $129 million USDT to a phishing address and miraculously retrieved all the funds is truly unprecedented. Originally reported by Wu Blockchain, this case highlights the risks inherent in cryptocurrency transactions while presenting an extraordinary recovery scenario.

Binance launches a promotion for P2P users in Africa, offering up to 200 USDT in rewards for accurate BTC price predictions and completing P2P purchases.

World largest stablecoin issuer Tether has unveiled a real world asset tokenization platform that allows businesses to tokenize assets ranging from stocks, bonds, equities, loyalty points, and stable coin. According to a Nov.

Hadron supports multiple smart-contract-enabled blockchains, even the Bitcoin Layer 2 solution known as Liquid by Blockstream.

Tether has launched Hadron, a new platform that allows users to convert traditional assets into digital tokens, supporting various asset types and incorporating security measures that leverage the company's experience in managing $125 billion in assets.

Hadron by Tether introduces a modular system to issue and manage digital assets.

Tether launches Hadron, a platform aimed at simplifying asset tokenization for a broad audience, including institutions and governments, enhancing security and compliance.

Stablecoin leader Tether has unveiled Hadron, a tokenization stage, as demand for tokenized financial instruments on decentralized networks surges.

Tether launched a new tokenization platform called Hadron, which aims to service institutions, corporations, fund managers, and governments, according to a Nov. 14 press release. The platform will allow clients to tokenize assets ranging from stocks and bonds to stablecoins and loyalty points.

Hadron plans to let users tokenize a wide variety of assets, including stocks, bonds, stablecoins, and loyalty points.