Tether, SoftBank Group, and
Jack Mallers have joined forces with
Cantor Equity Partners to unveil Twenty One, a Bitcoin-native company. This move, involving a staggering $3.6 billion Bitcoin investment, places crypto firmly in the mainstream financial world. Bitcoin's price continues to soar, with suggestions of both China and the dollar playing a part. Additionally, Trump's softer tariff stance also saw a leap in value.
BlackRock’s Bitcoin ETF IBIT hit $4.2 Billion in trading volume, with Bitcoin prices surpassing $91,000. Bitcoin also retained its upward momentum to reach $94,000. In notable advancements, Bitcoin Rollup Citrea implemented a bridge to alleviate the collateral bottleneck associated with using BTC in DeFi. Amidst this, Bitcoin's position strengthened, becoming the fifth-largest global asset, even surpassing Google's Market Cap. Meanwhile, the Bitcoin price rally continues to fuel debates. As both the dollar and stocks fall, analysts predict a rise back toward $100,000 if specific factors fall into place. In further industry news,
Cantor Fitzgerald has positioned itself strongly in the crypto market through a significant $3.6bn crypto venture deal with SoftBank and Tether. Finally, Bitcoin eyes a significant breakthrough, with expert predictions suggesting the crypto could soon top $100,000 thanks to U.S. Treasury buybacks and the weakening dollar.
Bitcoin News Analytics from Fri, 18 Apr 2025 08:30:00 GMT to Wed, 23 Apr 2025 21:42:44 GMT -
Rating 9
- Innovation 4
- Information 9
- Rumor 5
