President Donald Trump’s nomination of Kevin Warsh to chair the Federal Reserve has drawn attention to his previous advisory role at Anchorage Digital, the federally chartered crypto bank now issuing Tether’s new regulated stablecoin, USAT. This connection underscores the deepening ties between prospective leaders of traditional finance and the evolving cryptocurrency sector, occurring against a backdrop of political pressure on central bank independence and the implementation of new stablecoin regulations.
about Trump's Fed Pick Advised Tether-Linked Crypto Bank Anchorage DigitalHoward Lutnick
1 posts last weekTwenty One Capital Merges with Cantor Equity to Go Public
In a landmark move for cryptocurrency institutionalization, Bitcoin-focused firm Twenty One Capital is merging with special-purpose acquisition company Cantor Equity Partners to become a publicly traded entity. Backed by a formidable consortium including Cantor Fitzgerald, Tether, and SoftBank, and holding approximately $3.9 billion in Bitcoin, the deal signals a powerful convergence of traditional finance and digital asset strategy, with plans to build critical infrastructure and educational resources for the flagship cryptocurrency.
about Twenty One Capital Merges with Cantor Equity to Go PublicTrump’s Taiwan Talks Threaten China Trade Truce
President Trump’s diplomatic calls with Chinese and Japanese leaders have placed the fragile US-China trade truce in jeopardy as tensions over Taiwan escalate. The hour-long conversation with President Xi Jinping, their first contact since Japan’s new prime minister suggested potential military involvement in Taiwan, comes alongside US demands for EU digital regulation changes as a prerequisite for steel and aluminum tariff reductions. These simultaneous developments highlight how geopolitical flashpoints continue to threaten global trade stability.
about Trump's Taiwan Talks Threaten China Trade TruceSecuritize Goes Public via $1.25B SPAC Merger
BlackRock-backed tokenization firm Securitize is making a landmark move into public markets through a $1.25 billion SPAC merger with Cantor Equity Partners II, signaling institutional validation for real-world asset tokenization. The deal, which will list the company on Nasdaq, represents one of the most significant blockchain infrastructure plays in traditional finance and underscores growing confidence in tokenization’s potential to revolutionize capital markets.
about Securitize Goes Public via $1.25B SPAC MergerInsiders Bet Big on Fintech and Biotech Stocks Amid Earnings Season
Despite the typical quiet period during earnings season, corporate insiders have placed significant bets on fintech and biotech companies, signaling strong confidence in their growth prospects. Recent filings reveal over $120 million in notable purchases, with BGC Group, Scholar Rock, and Zenas Biopharma attracting the largest investments from executives and major shareholders who see substantial upside potential despite market uncertainties.
about Insiders Bet Big on Fintech and Biotech Stocks Amid Earnings SeasonTether Seeks $20B at $500B Valuation with SoftBank, Ark
Stablecoin giant Tether is negotiating one of the largest private capital raises in history, seeking up to $20 billion from investors including SoftBank Group and Ark Invest at a staggering $500 billion valuation. This landmark deal would catapult the issuer of USDT into the upper echelon of global private companies, alongside giants like OpenAI and SpaceX, and marks a decisive push by the crypto-native firm into the heart of mainstream finance.
about Tether Seeks $20B at $500B Valuation with SoftBank, ArkSoftBank, Ark Invest Eye $20B Tether Funding at $500B Valuation
In a move that could redefine the valuation landscape for cryptocurrency firms, stablecoin giant Tether is reportedly in early discussions with investment titans SoftBank and Ark Invest for a monumental capital raise. The private placement, seeking between $15 billion and $20 billion for approximately 3% equity, could value the company at a staggering $500 billion, placing it in the upper echelons of the world’s most valuable private companies. This potential backing from established technology and investment leaders marks a pivotal moment for Tether, signaling a powerful push for mainstream legitimacy and accelerated adoption within traditional finance.
about SoftBank, Ark Invest Eye $20B Tether Funding at $500B ValuationNvidia Loses China AI Market Amid US-China Tech War
Nvidia Corp. faces permanent exclusion from China’s artificial intelligence chip market as new government restrictions and escalating US-China technological tensions sever what could have been the semiconductor giant’s second-largest market. China’s decisive move toward technological independence, coupled with Huawei’s emerging capabilities to rival Nvidia’s flagship products, represents a fundamental shift in the global AI semiconductor landscape that will significantly impact Nvidia’s future growth trajectory.
about Nvidia Loses China AI Market Amid US-China Tech WarNvidia Faces China Antitrust Ruling Over Mellanox Deal
Chinese antitrust authorities have delivered a significant blow to Nvidia Corp., ruling that the chip giant violated commitments made during its $6.9 billion acquisition of Mellanox Technologies in 2020. The State Administration for Market Regulation found that Nvidia failed to maintain promised technology supplies to Chinese companies, escalating tensions in the already fragile US-China technology relationship and creating new obstacles for Nvidia’s ambitions in the world’s second-largest economy.
about Nvidia Faces China Antitrust Ruling Over Mellanox DealTether Launches US-Specific Stablecoin USAT
Tether announced the launch of USAT, a U.S.-specific stablecoin developed to comply with the GENIUS Act regulatory framework. The project will be led by Bo Hines, former executive director of the White House’s digital assets working group, and issued by Anchorage Digital, with an expected launch by year-end. This represents a significant strategic pivot for Tether, which has historically maintained limited U.S. operations amid scrutiny over USDT’s compliance and reserve audits. The company aims to leverage both USDT and USAT to serve global and U.S. markets, while also expanding its Bitcoin mining operations to become the world’s largest miner by year-end.
about Tether Launches US-Specific Stablecoin USATCantor Fitzgerald Launches Gold-Backed Bitcoin Fund
Cantor Fitzgerald has introduced the Cantor Fitzgerald Gold Protected Bitcoin Fund, a five-year investment vehicle designed to provide Bitcoin exposure with downside protection through gold allocation. The fund specifically targets investors wary of Bitcoin’s historical volatility while seeking participation in its long-term growth potential. Bitcoin currently trades about 9% below its recent all-time high of $124,128, while gold hit record highs near $3,680 per ounce amid economic uncertainty. The firm’s global head of asset management emphasized that with risk assets at elevated levels, timing and protection mechanisms are particularly valuable. This product reflects Wall Street’s continued integration of cryptocurrency offerings with traditional risk management approaches.
about Cantor Fitzgerald Launches Gold-Backed Bitcoin FundTrump Fires BLS Chief Amid Data Reliability Concerns
Commerce Secretary Howard Lutnick has expressed strong support for President Trump’s dismissal of Bureau of Labor Statistics chief Erika McEntarfer, stating it is ‘crystal clear’ that new leadership and technology are needed at the agency. Lutnick emphasized that both the administration and the American public must be able to rely on accurate economic data. The firing occurred after the BLS experienced technical difficulties ahead of the August employment report release, though McEntarfer was originally appointed by President Biden. This move highlights ongoing concerns about data integrity and political influence over economic reporting institutions.
about Trump Fires BLS Chief Amid Data Reliability Concerns