Senators Elizabeth Warren and Ron Wyden have questioned U.S. Commerce Secretary Howard Lutnick and Tether CEO Paulo Ardoino about reports that Tether provided a loan to a trust tied to Lutnick's children. The loan reportedly helped finance Lutnick's transfer of his former company, Cantor Fitzgerald, to his adult children after he took his Cabinet position. The senators expressed concerns about potential conflicts of interest and the influence of Tether on Lutnick’s policy decisions. Both Lutnick and Tether have yet to respond to these inquiries, which come amid ongoing regulatory scrutiny of stablecoin issuers like Tether.
Zcash (ZEC) is approaching the $600 mark after breaking out of a multi-week consolidation, showing strong bullish momentum. The price has surpassed key moving averages and resistance levels, supported by healthy trading volume and positive technical ...
Ethereum is gaining strength, trading near $1,920 after surpassing its 26-day and 50-day EMAs, signaling renewed buying interest. The next key resistance is the 100-day EMA at around $1,944; a daily close above this could lead Ethereum toward the 200...
Bitcoin (BTC) is showing signs of recovery after a prolonged downtrend, breaking above its 26-day and 50-day exponential moving averages (EMAs) near $63,400 and $64,100 respectively. This technical rebound suggests strengthening short-term momentum a...
Fundstrat's Granny Shot US-Small & Mid-Cap ETF (GRNJ) has delivered strong year-to-date returns, beating similar ETFs like VOT and VOO despite its higher 0.75% expense ratio. The fund targets stocks at the intersection of major secular trends, partic...
ETHSystems, a new Ethereum-focused non-profit backed by Bitmine Immersion Technologies and Ethereum co-founder Joe Lubin, aims to enhance privacy on the Ethereum network for institutional use. This marks the third non-profit stepping in as the Ethere...
