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  • Cantor Fitzgerald to launch $2 billion Bitcoin financing business

    Cantor Fitzgerald to launch $2 billion Bitcoin financing business

    • Cantor Fitzgerald is looking to launch a Bitcoin financing business with an initial capital of $2 billion.
    • The financing services giant’s CEO announced the plans at Bitcoin 2024.
    • Cantor Fitzgerald will partner with top Bitcoin custody pltforms to offer leverage to investors that hold BTC.

    Cantor Fitzgerald, a New York-based global financial services company, will invest an initial $2 billion in a new Bitcoin financing business, the firm’s CEO Howard Lutnick announced at Bitcoin 2024.

    The company confirmed the plans via a press release.

    Cantor Fitzgerald eyes BTC financing business

    According to the Cantor Fitzgerald CEO and per details in the news release, the new business venture will offer leverage to investors holding Bitcoin. The firm will invest more into the financing platform after the initial $2 billion splash.

    “We are excited to help unlock Bitcoin’s full potential and continue bridging the gap between traditional finance and digital assets,” Lutnick said in a statement.

    In his comments at Bitcoin 2024, Cantor Fitzgerald exec said his firm was bringing the flagship digital asset to the global financial markets. The company is ready to work with leading custodians in the market, he added.

    Lutnick also revealed that Cantor Fitzgerald owns Bitcoin and that he personally also holds the benchmark crypto asset.

    “My view is Bitcoin, like gold, should be free to trade everywhere in the world and as the largest wholesaler in the world we are going to do everything in our power to make it so,” he said at Bitcoin 2024.

    Cantor Fitzgerald launched in 1945 and has grown into one of the world’s leading financial services providers.

    The company offers access to services such as investment banking, equity research, capital markets, asset management and prime brokerage among others.

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  • Why a Bitcoin rally could mean big business for NUGX as whales diversify

    Why a Bitcoin rally could mean big business for NUGX as whales diversify

    TLDR

    • Bitcoin’s upcoming pre-halving event has set the tone for a rally.

    • The International Monetary Fund (IMF) warns of possible inflation in 2024, which can affect Bitcoin’s rally.

    • Crypto whales seeking ways to diversify their portfolios are looking to NuggetRush for considerable returns.

    As the pioneering digital asset, the movements of Bitcoin ($BTC) can sway the entire crypto market, dictating trends and influencing investment strategies. Recently, the crypto community has been abuzz with talk of a Bitcoin rally, which has rekindled the industry’s excitement and curiosity. 

    Amidst this Bitcoin resurgence, the intersection of its rally with the trajectory of NuggetRush (NUGX) sets the stage for intriguing exploration by crypto whales. NuggetRush is a meme coin that distinguishes itself through its blend of gaming, real-world impact, and a passionate community. The project stands at the forefront of crypto innovation, using the allure of digital art, including non-fungible tokens (NFTs), in its gaming model. 

    In this article, we journey through the ripples created by this Bitcoin resurgence, specifically focusing on how the diversification of these crypto whales can impact top crypto coins like NuggetRush. 

    NuggetRush (NUGX): Embracing the GameFi gold rush

    NuggetRush is a groundbreaking meme coin, setting itself apart through a captivating gamification approach that promises to redefine the cryptocurrency landscape. This means that, beyond the trading charts and price fluctuations, investors can engage in a dynamic gaming environment and enjoy an interactive experience. It’s an excellent opportunity for early supporters seeking top crypto coins with a real-world impact.

    The native token of the cryptocurrency ICO, NUGX, has a total supply of 500 million. With an intriguing tokenomics structure, NuggetRush offers a presale that marks a pivotal step toward realizing the project’s growth. The ICO has an initial DeFi coin price of $0.10 per token and a proposed launch price of $0.020 following the five stages of the presale.

    NuggetRush offers a virtual universe that guarantees an unforgettable experience. The project is a revolutionary blend of GameFi and adventure that immerses players in the heart of a virtual gold rush. Every mine you explore and every strategy you craft holds the promise of valuable treasures, making every gaming session a thrilling quest. It’s a place where memes and trending NFTs evolve into tangible value. 

    This cryptocurrency ICO doesn’t just stop at providing an immersive gaming experience. It’s built on the Ethereum blockchain, ensuring the highest security and transparency standards. 

    The game’s characters, including Maxwell Stoneforge, Marcus “Mack” McAllister, and Amelia “Mia” Gallagher, offer players a dynamic and diverse set of skills and attributes, doubling as collectible non-fungible tokens. Excitement is added to the gameplay with these trending NFTs.

    >> Buy NuggetRush Now <<

    Bitcoin ($BTC): Opportunities amidst the rally

    The recent Bitcoin rally has captured the attention of the cryptocurrency world, sparking intrigue and excitement. This surge in the value of the token’s DeFi coin price is driven by a complex interplay of factors, including its impending pre-halving event and the possibility of a Bitcoin ETF approval. 

    With these two factors, a change is definite for the cryptocurrency, although no one can tell which way the rally winds will blow. $BTC could skyrocket in price or decline further, especially following the IMF’s (International Monetary Fund) warning of inflation in 2024.

    Cryptocurrency whales, individuals or entities holding substantial amounts of digital assets, have historically been known to wield considerable influence over the market. During bullish phases like the ongoing Bitcoin rally, these whales often diversify their portfolios, seeking new investment opportunities in tokens with incredible features like NUGX. 

    This behavior demonstrates faith in the continued growth of the crypto market and suggests a potential flow of capital into smaller tokens. This diversification also introduces a layer of unpredictability as the market landscape evolves, with benefits and challenges awaiting smaller tokens as they navigate the tidal wave of a $BTC rally. 

    With crypto whales diversifying to new tokens like NUGX, more growth opportunities are sure to arise for such projects and an influx of investors. These projects could potentially meet their goals quickly while gaining more partnerships.

    >> Buy NuggetRush Now <<

    Conclusion 

    The Bitcoin rally casts its influence far and wide, rippling the cryptocurrency market. As it surges, it illuminates the potential for diversified investments and ushers in fresh opportunities. 

    NuggetRush, with its unique blend of gaming, impact, and community, stands poised to navigate these dynamic waters. The synergy between Bitcoin’s resurgence and the innovative approach of NuggetRush hints at a promising journey ahead. 

    As the cryptocurrency landscape continues to evolve, one thing remains certain: the interplay of Bitcoin’s rally and tokens like NUGX exemplifies the dynamic nature of the crypto world, offering opportunities for investors and enthusiasts to explore and engage.

    Visit NuggetRush Presale Website

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  • Tether and City of Lugano launch Plan Business Hub celebrating Plan’s anniversary

    Tether and City of Lugano launch Plan Business Hub celebrating Plan’s anniversary

    • The Plan Initiative was launched on March 03, 2022.
    • The main objective of the Plan was to scale Lugano’s blockchain capabilities.
    • Tether and the City of Lugano have launched the Plan Business Hub to celebrate the first anniversary of the Plan.

    It is now a year since the Plan Initiative was launched in the city of Lugano. So far The Plan has brought crypto to over 150 shops and businesses within the city. As a result, Tether Operations Limited (Tether), the company behind USDT stablecoin, has joined the city to celebrate this achievement.

    When The Plan was launched, the city of Lugano announced that Bitcoin (BTC), Tether (USDT), and the city’s own LVGA token would be accepted as payment for taxes, parking tickets, tuition fees, and public services. So far, over 150 businesses and shops including Mcdonald’s have also started accepting USDT, BTC, and LVGA in addition to fiat currency as payment for goods and services.

    To celebrate the culmination of a successful year for The Plan Inititiative, Tether and the City of Lugano on March 3, 2023, announced the launch of the Plan Business Hub.

    The Plan Business Hub

    The Plan Business Hub will help explore the potential adoption of blockchain technology in businesses and the long-term use of cryptocurrencies in the European region.

    The Hub will house more than 300 blockchain experts and enthusiasts and serve as a global point of reference in Lugano. It will also host a recreational space for meetups and workshops fostering education and development. It is designed to attract talent, and encourage networking and knowledge sharing.

    The Mayor of Lugano, Michele Foletti, commenting on the development said:

    “The goal of this collaboration is to make Lugano a center of excellence for blockchain technologies. In the first 12 months we have seen growing interest and Lugano is now definitely on the world map, alongside a handful of other destinations. The strength of Lugano’s Plan ₿ is that it has been able to demonstrate real-world use of blockchain technologies by applying it practically to local communities in Lugano. Businesses of all sizes and scale have begun to leverage blockchain platforms to improve their processes and we are watching before our very eyes as Lugano becomes a model for the global adoption of cryptocurrency.”

    Since The Plan was launched, Lugano has hosted numerous networking, outreach, and educational events that have attracted people from around the world to learn and discuss the opportunities presented by blockchain technology and cryptocurrency adoption. For instance 86 students from 26 countries visited the city over the past year for the first-ever Plan summer school, an intensive 2-week program by Tether taught by world-class experts on the business, regulatory, and technological implications of blockchain and Bitcoin.

    There is a 500-student grant set aside for future Plan summer school program students. Tether and the City of Lugano are also working together to provide additional grants to university students in the coming months.

    For the 2023 calendar, there is the 2023 Plan forum in Lugano that is scheduled to take place between October 20 and October 21. Tether will also continue its Plan summer school program with two sessions for 2023 in the spring and summer.

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  • Here's Why Uniglo.io, Shiba Inu, And Dogecoin Will Do Well In Asian Markets – Business 2 Community

    Here's Why Uniglo.io, Shiba Inu, And Dogecoin Will Do Well In Asian Markets – Business 2 Community

    Many cryptocurrency projects are finding growth opportunities in Asia, where populations are expanding and income levels are rising. The volume of

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  • Yuga Labs Buys CryptoPunks and Meebits

    Yuga Labs Buys CryptoPunks and Meebits

    The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

    @2022 CoinDesk

  • BAYC Backer Yuga Labs Buys CryptoPunks and Meebits

    BAYC Backer Yuga Labs Buys CryptoPunks and Meebits

    The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

    @2022 CoinDesk

  • Ukraine Asks Tether to Halt All Transactions With Russians; Tether Demurs

    Ukraine Asks Tether to Halt All Transactions With Russians; Tether Demurs

    The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

    @2022 CoinDesk

  • Evmos Looks to Get Back on Track After Failed Launch

    Evmos Looks to Get Back on Track After Failed Launch

    “To non-Cosmos people, this looks like a mess. To Cosmos people, this was a near miss,” Manian said. “This was an opportunity to dive in and see what was actually going on, what was built and how this thing was actually supposed to work, and I think most people’s response has been, ‘Oh, this was 95% there.‘”

  • Block’s Bitcoin Wallet Will Contain a Fingerprint Sensor for Transactions

    Block’s Bitcoin Wallet Will Contain a Fingerprint Sensor for Transactions

    The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

    @2022 CoinDesk

  • Russians Looking to the UAE to Unload Billions in Crypto Assets: Report

    Russians Looking to the UAE to Unload Billions in Crypto Assets: Report

    “We have one guy – I don’t know who he is, but he came through a broker – and they’re like, ‘We want to sell 125,000 bitcoin.’ And I’m like, ‘What? That’s $6 billion, guys.’ And they’re like, ‘Yeah, we’re going to send it to a company in Australia.’”