Cantor Partners With Tether, SoftBank, Bitfinex For $3 Billion Bitcoin Bet

Monicah W

Cantor Partners With Tether, SoftBank, Bitfinex For $3 Billion Bitcoin Bet

Cantor Fitzgerald is hurtling toward the launch of a $3 billion Bitcoin acquisition vehicle, garnering support from industry heavyweights. While the launch hangs in the balance, experts like Syncracy Capital co-founder Ryan Watkins are describing it as a MicroStrategy clone.

Cantor To Launch $3 Billion Bitcoin Venture

According to a Financial Times report, Cantor Fitzgerald is pooling resources to float a Bitcoin SPAC in the near future. The move has garnered the backing of industry heavyweights like SoftBank, Bitfinex, and Tether.

Per the report, Tether has pledged to seed the bitcoin acquisition vehicle with $1.5 billion worth of Bitcoin. Japanese investment giant SoftBank is putting skin in the game with a $900 million capital injection, while Bitfinex will contribute $600 million.

SoftBank’s decision to wade into Bitcoin investment follows its Tokyo-based Metaplanet’s steady BTC acquisition spree.

The trio will prop Cantor with $3 billion to pursue its Bitcoin acquisition ambitions. The venture will be steered via Cantor Equities Partners, which will create a new corporate entity dubbed 21 Capital.

Per the report, Brandon Lutnick, son of US Commerce Secretary Howard Lutnick will lead 21 Capital. Howard Lutnick is the Chairman of Cantor Fitzgerald, a brokerage with significant interest in Bitcoin and cryptocurrencies.

Previously, Cantor Fitzgerald has rolled out a $2 billion Bitcoin financing business, tapping Anchorage as custodial partner. Cantor also manages Tether’s reserves with the stablecoin issuer indicating an interest to invest in the BTC financing business.

Is The Move Mirroring MicroStrategy?

Syncracy Capital co-founder Ryan Watkins has described Cantor’s new venture as an attempt to mirror MicroStrategy’s Bitcoin accumulation blueprint. He warns that the move to accumulate Bitcoin may trigger bubble behaviour that may trigger unwindings in the future. MicroStrategy latest acquisition of 6556 BTC follows a lengthy streak of similar purchases by the publicly traded company.

“So another MicroStrategy clone, by Cantor, SoftBank, and Tether, with $550M of dry powder to start,” said Watkins. “One is an outlier, two is a trend. Dozens starts to look like bubble behaviour.”

However, crypto lawyer John Deaton argues that the move is in line with US President Trump’s decision to launch a Strategic Bitcoin Reserve. Trump’s executive order mandates Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent to acquire Bitcoin in budget-neutral ways.

Bitcoin price reacted positively to the report, climbing to a two-week high of $93,000. Despite the glowing price, there are fears that the BTC rally might be fake with the spectre of a drop to $80K lurking in the shadows.

The post Cantor Partners With Tether, SoftBank, Bitfinex For $3 Billion Bitcoin Bet appeared first on CoinGape.

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Bitcoin Nears All-Time Highs, But Retail Interest Still Remains Low

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Bitcoin is racing fast toward its all-time high of $109,111, with prices surging. But despite this strong rally, the retail interest is still subdued. Wikipedia searches for cryptocurrencies are low again, even as Bitcoin briefly touched $108,000 level today. This shows that people are not very confident right now. 

Markets might be in a phase of disbelief or the excitement may have cooled off. Historically, big jumps in interest happened when the market was very excited and prices were at their highest. 

Low Bitcoin interest despite 6x price jump

The search interest related to Bitcoin on Google Trends also remains low. This can be compared to the bear market period of 2022, when Bitcoin was trading only around $16,000. Despite Bitcoin’s price jumping 6x since 2022, the interest remains significantly low. 

Do Altcoin rallies trigger real retail hype?

One X user observed that retail investors are not excited by Bitcoin’s price alone. Instead, they tend to jump in when altcoins skyrocket. The takeaway here is that altseason is when retail truly shows up, and that’s when big players use the hype to sell. Until that euphoric altcoin surge happens, the bull market is not over.

This view also aligns with Matrixport’s take that most Bitcoin is being held by long-term investors and not everyday people. The lack of retail investors may explain why Google search interest for Bitcoin remains low, even as its price approaches record highs. Some in the crypto space see this as a bullish sign, calling it the “silence before the detonation.” 

Will The Rally Last?

But it also raises concerns over the sustainability of the current rally as the markets may lack the liquidity needed for long-term growth. Still, the long term outlook is optimistic with bullish targets for Bitcoin.

The post Bitcoin Nears All-Time Highs, But Retail Interest Still Remains Low appeared first on Coinpedia Fintech News
Bitcoin is racing fast toward its all-time high of $109,111, with prices surging. But despite this strong rally, the retail interest is still subdued. Wikipedia searches for cryptocurrencies are low again, even as Bitcoin briefly touched $108,000 level today. This shows that people are not very confident right now.  Markets might be in a phase …

Solana Holders Are Moving Money Fast—DuragDoge is Their Next Big Play

DuragDoge

The post Solana Holders Are Moving Money Fast—DuragDoge is Their Next Big Play appeared first on Coinpedia Fintech News

The bearish market continues to hit all tokens, and even the OG crypto Solana (SOL) is on a downward spiral. This dip has accrued losses for SOL investors and holders, causing them to run frantically to DuragDoge ($DURAG) for gains. DuragDoge might be a new crypto, but it has quickly exceeded all expectations as it continues to deliver gains to holders amidst the crypto dip.

DuragDoge is doing more than a meme coin should do by spicing things up with a mix of fun, utility, and an ultimate drip backed by $DURAG. The $DURAG token comes with many features that ensure holders and investors are constantly in the gain, which is why DuragDoge is recording one of the best crypto presales in the market. Read on to discover why SOL holders are turning to $DURAG for profits. 

Solana (SOL) Takes a Deep Crash as Whales Unstake Their Tokens

Solana is feeling the heat of the crypto dip, with SOL’s price crashing by over 16% within the last 24 hours. Following the bearish sentiments, crypto whales are beginning to turn their backs on the SOL token. Lookonchain recently reported that a whale unstaked 79,530 SOL tokens, an amount equivalent to about $10.86 million, and based on the current situation, more whales might unstake their SOL tokens soon. 

A reason for SOL’s price crash might be the talks about token releases from the bankrupt FTX crypto exchange, which are set to happen this month, March. Investors and token holders fear the massive dump will cause SOL to lose value, resulting in more losses. This is making them doubt Solana’s future and prospects. 

Even crypto analysts are unsure about Solana’s future in the crypto market as SOL continues to plummet with each new day. SOL is currently trading at $136, a significant decline from its all-time high of $294. However, they remain confident that $DURAG is one of the best cryptos to buy today. 

DuragDoge ($DURAG) Is Boosting Holders’ Portfolios With Its Utility-Packed Token

DuragDoge is a new meme coin with revolutionary features for the meme coin sector. It transcends beyond a mere meme coin, offering to build a community that empowers the underdogs, drives the hustle culture, and delivers long-term value. DuragDoge is one of the best cryptos to buy today as it is that token for the hoods looking to hustle and flex simultaneously.

DuragDoge’s vision also makes it one of the best cryptos to invest in. It aims to ensure that all community members believe they are part of something big and empower them to dare to make bold moves. DuragDoge aims to lead innovations that strengthen its ecosystem and benefit holders through the $DURAG token. The $DURAG token has features that make it utility-filled and quite beneficial, accounting for its massive success since its presale went live. 

Investors and Crypto Users’ Interest Increase With DuragDoge’s ($DURAG) Promise of Consistent Gains

Since its presale went live, the $DURAG token has continued to top the crypto charts, with the tokens selling out rapidly. This $DURAG’s presale success is going down as one of the best crypto presales in the crypto market’s history. $DURAG’s success can be attributed to its profit-making features, which make it appealing to everyone in the crypto market. 

With $DURAG’s staking and reward feature, holders can earn as high as 20% APY for staking their tokens. There are also community rewards, which will be another source of passive income for holders. $DURAG’s value and utility will continue to soar with the burn mechanism, ensuring a regulated token supply. This will, in turn, boost $DURAG’s value, making it one of the best cryptos to invest in in the long run. 

62% of the total supply (2,000,000) of $DURAG has been set aside for the presales to give everyone early access to this rare gem. With the ongoing presales, the $DURAG tokens sell at lower rates to increase holders’ gains. 

Conclusion

While SOL is in the dip, $DURAG is topping the charts and delivering gains to holders and investors. This makes $DURAG a lucrative token to add to your portfolio immediately, and the ongoing presale is the best opportunity. Join the presales now to be a part of the hustle and flex!

Follow Durag Doge on X and Telegram for the latest news and updates.

Visit Durag Doge Presale

The post Solana Holders Are Moving Money Fast—DuragDoge is Their Next Big Play appeared first on Coinpedia Fintech News
The bearish market continues to hit all tokens, and even the OG crypto Solana (SOL) is on a downward spiral. This dip has accrued losses for SOL investors and holders, causing them to run frantically to DuragDoge ($DURAG) for gains. DuragDoge might be a new crypto, but it has quickly exceeded all expectations as it …

Bitcoin Supply Shock Incoming: Nakamoto Holdings and KindlyMD Merges With $710M to Form a BTC Treasury Vehicle

The post Bitcoin Supply Shock Incoming: Nakamoto Holdings and KindlyMD Merges With $710M to Form a BTC Treasury Vehicle appeared first on Coinpedia Fintech News

  • The supply of Bitcoin on centralized exchanges has exponentially declined in the past few years.
  • Technical analysis suggests the onset of a BTC price parabolic rally in the next few months.

The Bitcoin (BTC) market has recorded a significant cash inflow in the past two years, mostly from institutional investors. The demand will further increase as nation-states, led by El Salvador and the United States, focus on the Bitcoin network to counter their respective debts and inflation.

According to on-chain data analysis from CryptoQuant, the supply of Bitcoin on centralized exchanges has dropped by nearly 1 million to 2.4 million in the past two years. With Bitcoin’s total supply fixed at 21 million, while long-term holders continue to aggressively accumulate, it is evident a supply shock is imminent.

Nakamoto Holdings and KindlyMD Focuses on Bitcoin

Earlier on Monday, KindlyMD, Inc. (NASDAQ: KDLY), an established provider of integrated healthcare services, announced a definitive merger with David Bailey’s Nakamoto Holdings to form a publicly traded Bitcoin treasury vehicle ahead.

According to the announcement, the newly formed company secured a total of $710 million to purchase Bitcoins for its treasury. As a result, the new company will join 193 more entities, led by Strategy and Metaplanet, which currently holds over 3.3 million BTCs in treasuries.

“Nakamoto’s vision is to bring Bitcoin to the center of global capital markets, packaging it into equity, debt, preferred shares, and new hybrid structures that every investor can understand and own. Our mission is simple: list these instruments on every major exchange in the world,” Bailey, Founder and CEO of Nakamoto, noted.

BTC Price Enters Parabolic Phase 

In the established four-year Bitcoin cycles, it is evident that BTC price, against the U.S. dollar, has begun the euphoric phase of the 2025 bull run. Considering the diminishing returns theory, Bitcoin price is well positioned to reach between $250k and $350k before the end of this year.

From a technical analysis standpoint, Bitcoin’s monthly Relative Strength Index (RSI) tends to reach about 90 percent at the peak of every macro bull cycle. Furthermore, Bitcoin’s monthly MACD line remains above the signal line and the zero line amid the rising bullish histograms, which suggests rising cash inflows.

The post Bitcoin Supply Shock Incoming: Nakamoto Holdings and KindlyMD Merges With $710M to Form a BTC Treasury Vehicle appeared first on Coinpedia Fintech News
The supply of Bitcoin on centralized exchanges has exponentially declined in the past few years. Technical analysis suggests the onset of a BTC price parabolic rally in the next few months. The Bitcoin (BTC) market has recorded a significant cash inflow in the past two years, mostly from institutional investors. The demand will further increase …