Howard Lutnick’s other top client: Crypto giant Tether
Before becoming Donald Trump’s commerce secretary pick, Lutnick deepened Cantor Fitzgerald’s ties with a stablecoin firm being investigated by U.S. authorities.
Should You Forget Bitcoin and Buy XRP (Ripple) Instead?
Is XRP the next big thing in cryptocurrencies? Find out how it stacks up against market leaders Bitcoin and Ethereum.
The rising price of paying the national debt is a risk for Trump's promises on growth and inflation
Donald Trump has big plans for the economy — and a big debt problem that will be a hurdle to delivering on them. Trump has bold ideas on tax cuts, tariffs and other programs, but high interest rates and the price of repaying the federal government’s existing debt could limit what he’s able to do. Not only is the federal debt at roughly $36 trillion, but the spike in inflation after the coronavirus pandemic has pushed up the government's borrowing costs such that debt service next year will easily exceed spending on national security.
Better Buy: Bitcoin or MicroStrategy?
After a huge post-election rally, Bitcoin (CRYPTO: BTC) just hit another all-time high, and is on the cusp of breaking through the $100,000 mark for the first time ever. To answer that question, you first have to understand how MicroStrategy has fundamentally changed its business over the past few years. It started in August 2020, when it became the first publicly traded company to buy Bitcoin as part of its capital allocation plan.
Ready to Invest in Cryptocurrency? 3 Tips for Mitigating Risk and Building a Successful Portfolio
Crypto investing can be thrilling, but these three risk management tips might save your portfolio.
Bitcoin and Black Friday will rock markets this week
Investors should have much to be thankful for when Thanksgiving arrives.
Stubborn US Inflation Set to Reinforce Fed’s Go-Slow Approach
(Bloomberg) -- US inflation figures in the coming week that are seen showing stubborn price pressures will reinforce the Federal Reserve’s cautionary posture toward future interest-rate cuts.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeNYC Mayor Adams Names Jessica Tisch to Lead Police Head Amid ProbesRecord NYC Than
Iran Braces for Trump Reset With Economy Buckling From Sanctions
(Bloomberg) -- When Donald Trump first entered the White House in 2017, Cyrus Razzaghi was running an Iranian business consultancy, advising US, Japanese and European companies about how to grab opportunities in a market emerging from years of economic isolation.Most Read from BloombergNYC's Underground Steam System May Be Key to a Greener FutureIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeNYC Mayor
Bitcoin ETFs surge past $1 billion in inflows as market optimism grows
The world's largest cryptocurrency is expected to continue its upward trend in the coming weeks.
Bitcoin values hit record highs. Should you invest in cryptocurrency? Here's how it works
Bitcoin values continue to skyrocket, with the crypto currency at a record price and approaching $100,000. Should you invest? Here's what to know.