• Nov 24, 2024

Trump pick Lutnick's firm in talks with Tether for $2 billion bitcoin lending project, Bloomberg reports

Lutnick's financial services firm, Cantor Fitzgerald, is discussing receiving support from Tether to help fund the project, which could potentially reach tens of billions of dollars, the report said, citing people familiar with the matter. "Tether Investments is looking to use part of the profits generated in the past years for different opportunities", Tether said in an e-mailed response to Reuters.

  • Nov 24, 2024

US plans to reduce Intel's $8.5 billion federal CHIPS grant below $8 billion: New York Times

The change took into account a $3 billion contract Intel had been offered to make chips for the Pentagon, the people told the Times. This spring U.S. President Joe Biden's administration said it was awarding Intel nearly $20 billion in grants and loans, supercharging the company's domestic semiconductor chip output and marking the government's largest outlay to subsidize leading-edge chip production. The U.S. announced a preliminary agreement for $8.5 billion in grants and up to $11 billion in loans for Intel in Arizona, with some of the funding to be used to build two new factories and modernize an existing one.

  • Nov 24, 2024

These Shocking Cryptocurrencies Are on Fire This Weekend

Uniswap (CRYPTO: UNI) has risen 12.6% since Friday's market close, Chainlink (CRYPTO: LINK) is up 11.8%, Fantom (CRYPTO: FTM) jumped 39.9%, and Sei (CRYPTO: SEI) is up 33.5%. That medium has been stablecoins for a growing number of transactions with the blockchain being rendered almost a commodity.

  • Nov 24, 2024

No Rest For the Wicked: Another Big Weekend Move for Dogecoin

Dogecoin (CRYPTO: DOGE) is certainly driving plenty of investor intrigue this weekend, with one of the biggest moves among the top-10 cryptocurrencies in the market. Investors appear to be taking some profits after an incredible surge that saw Dogecoin break through the $0.48 level this weekend. Now, it's worth noting that at this weekend's high, which represented a multi-year high for the meme token, Dogecoin was roughly 50% away from breaking a new all-time high.

  • Nov 24, 2024

Why Stellar, Polkadot and NEAR Protocol Were 3 Of the Biggest Crypto Winners This Weekend

This is a 24/7 game, with trading open at all hours -- and some of the biggest moves often take place during Asian trading hours. The idea that money never sleeps is not lost on many traders with short-term positions in many tokens. Stellar (CRYPTO: XLM), Polkadot (CRYPTO: DOT), and NEAR Protocol (CRYPTO: NEAR) have surged 45.9%, 33.2% and 13.7%, respectively, as of 12:30 p.m. ET on Sunday, justifying a deeper look into what's driving these impressive moves.