Cantor $4B Bitcoin SPAC; SharpLink De Top for ETH Holdings
Cantor Equity Partners 1, na be SPAC company weh dey connected to Cantor Fitzgerald and dem dey led by Brandon Lutnick, wan finish beta deal to buy up to 30,000 BTC worth $4 billion from Blockstream founder Adam Back. Dis Bitcoin SPAC deal get $800 million fund raise and dem plan to change the name go BSTR Holdings, e mean say Lutnick don dey spend near $10 billion for crypto dis year.
Meanwhile, Nasdaq listed SharpLink Gaming don become di biggest corporate ETH holder with 280,706 ETH (about $840 million) after dem raise $413 million plus buy 74,656 ETH. Dem still get $257 million left to buy more ETH.
On another level, former President Trump don reach deal with GOP lawmakers to push the GENIUS Act, Anti-CBDC Surveillance Act and CLARITY Act, dat fit open road for important crypto laws. This kain tori show say institutions dey yan more for digital assets and e fit make market stable.
Bullish
Dis news good for Bitcoin and Ethereum. Di $4 billion Bitcoin SPAC dey show say plante people and companies want buy Bitcoin, fit make BTC price go high short time. SharpLink dey collect plenty ETH show say companies dey interested for Ethereum. Law dem wey wan control crypto dey move forward, e fit reduce confusion for market, and e go help make growth steady and investors trust well for long term.