TradFi Companies 'Want to Transact in Bitcoin,' Says Cantor Fitzgerald CEO
Howard Lutnick was picked by Donald Trump to chair his presidential transition team last month.
Howard Lutnick was picked by Donald Trump to chair his presidential transition team last month.
It's not just the future upside potential of Bitcoin that is attracting billionaire investors.
(Bloomberg) -- Bitcoin flirted with a one-month low amid a wider retreat from riskier investments in global markets due to fears about the economic outlook.Most Read from BloombergHow Air Conditioning Took Over the American OfficeHong Kong’s Arts Hub Turns to Selling Land to Stay AfloatThe largest digital asset slid more than 4% at one point on Wednesday before paring a part of the decline to change hands at $56,318 as of 7:15 a.m. in London. Most other major tokens such as Ether also nursed los
BTC traded lower as weak U.S. manufacturing data revived growth concerns.
Four team members listed in World Liberty Financial's white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC.
Bitcoin could fall to as low as somewhere in the $40,000-$50,000 range following a September Fed rate cut in a bearish scenario, Bitfinex said in a report.
The August reading of the Institute for Supply Management’s manufacturing index slumped for a fifth straight month with a rebound from July but remaining below the 50 threshold.
The X accounts of Donald Trump's daughter-in-law and daughter were apparently hacked Tuesday evening to promote a token purportedly tied to World Liberty Financial, the upcoming crypto project touted by family members in recent days. Lara and Tiffany Trump, the wife of Eric Trump and daughter of Donald Trump, respectively, tweeted what they described as "the only official" blockchain addresses for World Liberty Financial. Not long after, Eric, the middle son of former President Trump, posted on X that the two profiles had been compromised and the addresses were a "scam."
Gryphon’s CEO discusses miner capitulation and why Bitcoin acquisition isn't their current focus.