The line between stocks and crypto is getting thinner. Tokenized U.S. stocks could bring traditional markets into a 24/7 digital environment. If this trend develops, the future of investing may not be “stocks vs. crypto.” It could be both moving along the same path. #SPCBX #BTC☀
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Galaxy's XXI Owned by Jack Mallers Can Rival MicroStrategy After Merger Proposed by Tether
Galaxy states that the merged XXI could compete with MicroStrategy as the second-largest public Bitcoin company.
Tether plans to combine Strike and Elektron Energy into XXI under one Public Crypto Vehicle on the NYSE.
The combined company will hold 43,514 BTC and around 50 EH/s mining capacity.
Galaxy Research head, Alex Thorn, conveyed that the merger plans between Twenty One Capital (XXI), Strike, and Elektron Energy will make XXI the most influential public Bitcoin company after MicroStrategy.
The majority shareholder of XXI, Tether Investments, stated this week that they will support the merger with Bitcoin financial services company, Strike, which will be followed by the merger with mining operator, Elektron Energy.
Galaxy Positions XXI as MicroStrategy's Closest Rival
XXI already holds 43,514 Bitcoin (BTC), making it the second-largest public holder of Bitcoin after MicroStrategy.
It has the potential to become the largest publicly traded Bitcoin-only company besides Strategy, and unlike Strategy, they will have significant operational cash flow alongside their treasury,” explained Thorn.
Regarding Related Party Relationships and the Swan Lawsuit Looming Over the Deal
Galaxy highlights governance hurdles. Jack Mallers serves as CEO at both XXI and Strike, while Tether holds the majority shares in both XXI and Elektron.
Thorn mentioned that the board may need a special committee, fair value opinions, and a majority vote from minority shareholders.
After two nights of quantum drama April Fools, let's drop some receipts, mostly to regain my sanity because I was left without saliva.
The first stateless quantum signature (multi-purpose) in crypto / distributed ledger? Yes... it was me and Mike Hearn (one of the OG Bitcoin developers). We designed and delivered the first stateless post-quantum scheme in production for blockchain a decade ago.
10 years later Google posts a paper and suddenly everyone is calling...
…but they are all late and thirsty. 😅 Trust me, SUI is onto something unique.
Even if BTC no longer falls and enters volatility in the market stage, altcoins are just as hard to play due to the simple reason that there is no logic. And the rare coins that still have logic are the new alpha coins
Just look at $KAT upbit that has just been listed, and after its launch, it rushed to a maximum of 180M, and its contract cannot keep up with the rise in places pulled by robots. The profit-loss ratio fluctuates very poorly
Instead of playing with old coins that have been emptied as expected, the logic of new coins is clear, namely, to set contracts, these projects with real money in hand will definitely maintain their own currency prices, and there is also plenty of room for growth. This logic has failed for a certain period due to the weakening effects + market instability, and during this time period, the opening of contracts has been reopened, the effect has returned, and $PRL $UP has recently been doing well
However, the wealth opportunity is already well-known, and it has become crowded, and there is a possibility that after everyone notices the rise of these two projects, some more projects will not succeed. Once everyone feels that VC projects with alpha listings can attract the market, then no one will attract the market, like memes bought by farmers down
I now know that it is not necessary to assess whether this issue is right or wrong, and the only thing I can do is rationally accept objective facts.
The multi-trillion dollar asset management world is rapidly moving to crypto + tokenization:
• Invesco takes over the superstate tokenized t-bill fund ~$900 million • Franklin Templeton + Ondo bring tokenized ETFs to crypto wallets (24/7 trading) • Morgan Stanley seeds bitcoin etf (msbt) with $1 million • Larry Fink from Blackrock doubles down on tokenization as a global access play $BTC
《Key Update: Bitcoin BTC Market Trends》 Direct to the conclusion: "Still Missing Last Autumn"
126,000-80,000 plummeted for the first time in this bear market round 98,000-60,000 plummeted for the second time in this bear market round Soon in April, May, this bear market round will plummet for the third time Bitcoin has fluctuated for more than a month since it dropped to 60,000, and it has been two months since April 6 Whether it's the highest rebound of 76,000 or even 78,000 In short, the third drop in this bear market round will begin in April 126000-80000=46000 98000-60000=38000 Only a fall of 30,000U according to the third drop Then Bitcoin BTC fell to the beginning 4.
I have been accumulating cash and U lately. Prepare for the next third drop to buy the bottom, 126,000 dropped to 80,000, and the bear market is coming. 98,000 dropped to 60,000, and the second dropped by half in the bear market. Now the highest is 76,000, the third drop in April, bear market until the end
Brother and sister: My initial intention is to take you to the bear bottom My initial intention is to help my brothers and sisters in the currency circle make money There are still 6 days left in April, and the third drop in this bear market round is coming, are you ready? I have 8 years of bull and bear experience in "Big Ice to Buy the Bottom", and I will accompany you to survive the bear bottom, copy the bear bottom, and sell the bull peak.$BTC