Softbank Group, the Japanese venture juggernaut, is leading a consortium that has formed Twenty One Capital, a new fund that will pool the cryptocurrency holdings of the partners with the goal of amassing more Bitcoin.
Tag: bitcoin
ONE BIG CLUB: LUTNICK’S SON PLACES BITCOIN BET WITH NEW CRYPTO VENTURE
Cantor Fitzgerald, the brokerage founded by Howard Lutnick, Trump’s billionaire pal and commerce secretary, is looking to cash in on bitcoin after announcing a $3.6 billion crypto venture with SoftBank, Tether, and Bitfinex.
BITCOIN DEFI GETTING SIMPLER, BUT STILL NEEDS DEVELOPMENT
Bitcoin focused Decentralized Finance (DeFi), especially so-called “native Defi,” which allows holders to retain control and custody while allowing lending against reserves, is likely to be much more important going forward.
BITCOIN OP_CAT UPGRADE COULD BRING POWERFUL NEW FUNCTIONALITIES
Bitcoin might soon get a major boost with a proposed change called OP_CAT. This Bitcoin Improvement Proposal (BIP) would add a new tool to Bitcoin’s “Tapscript” coding system, letting it glue two pieces of data together—like taping together two notes into one.
BLOCKCHAIN BATTLES
Early bitcoin and crypto investor Jason Calacanis recently said he believes Bitcoin will be replaced as a top market, and perhaps even relevant crypto, by newer crypto technologies.
REX SHARES LAUNCHES FIRST BITCOIN-BACKED CORPORATE BOND ETF
REX Shares, a leading exchange-traded product provider, this past week launched the REX Bitcoin Corporate Treasury Convertible Bond ETF (Ticker: BMAX).
PLAN FOR U.S. CRYPTO RESERVE DISAPPOINTS ENTHUSIASTS
Donald Trump’s executive order calling for the establishment of a U.S. strategic cryptocurrency reserve said the reserve would hold only digital assets forfeited to U.S. law enforcement agencies.
WHAT THE NEW U.S. BITCOIN RESERVE MEANS
The U.S. now has an official Bitcoin Strategic Reserve, and a Digital Assets Stockpile, consisting of crypto tokens like Ethereum, USDT and others.
TRUMP NAMES CRYPTOCURRENCIES FOR STRATEGIC RESERVE, SPARKING RALLY
In a 2 March social media post, Donald Trump named Bitcoin and Ethereum as mainstays in a U.S. strategic crypto reserve that would include tokens Cardano, Solana, and XRP.
CONGRESS GEARING UP TO CONSIDER BITCOIN RESERVE
We’ve previously reported that bitcoin reserve strategies are becoming more widespread for companies, and that U.S. states are considering and advancing bitcoin reserve bills.