Bitcoin political winds shifted as Facebook’s crypto crumbled

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Six years is certainly a long time in crypto. But Libra (later Diem) might’ve felt right at home in the current agreeable atmosphere in the US.

Back then, Meta (still Facebook) had its own blockchain subsidiary, Calibra, that was pushing to launch a new type of cryptocurrency pegged to a basket of various fiat with a floating value.

The Calibra wallet was meant to be integrated with WhatsApp and Messenger and promised to let users send money to each other with practically zero fees. Libra, the token, was also intended to be used for e-commerce on Facebook.

Libra was mostly styled as a…

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Forget Dogecoin, Shiba Inu: Here’s Which Coin The ‘Memecoin Supercycle’ Analyst Is Betting On Instead

Prominent meme coin advocate Murad Mahmudov has elaborated on his “meme coin supercycle thesis” and pointed out which meme coin he sees particularly well-suited to capture possible upside.

What Happened: On an episode of The Block podcast in July 16, Mahmudov broke down the meme coin landscape, distinguishing between two diverging trends:

“Hyper-gambling” coins that revolve around short-term, high-risk trading

“Cult” or belief coins built on strong community and long-term conviction

Murad warned that the hyper-gambling segment, powered by pro traders and AI tools, is getting more competitive and less rewarding, with hold times dropping to just 40 seconds among top…

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Bitcoin Security Startup Glok To Address Rising Kidnapping Threats

With Bitcoin’s price exceeding $100,000, cryptocurrency holders face growing security risks — primarily being kidnapped or held for ransom. Alena Vranova, co-founder of SatoshiLabs and Trezor, has launched Glok, a company offering training and technology to protect Bitcoiners from these physical threats.

Rising Kidnapping Risks

In the first six months of 2025, kidnappings targeting cryptocurrency holders surpassed the total for all of 2024, according to data Glok shared with Bitcoin Magazine. Criminals have shifted from digital ransomware to physical “wrench attacks,” coercing victims to surrender wallet credentials. A notable case involved a 28-year-old Italian tourist…

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LATEST: The Smarter Web Company Acquires 325 BTC, Enters Top 25 BTC Holders

UK-based Smarter Web Company has bought 325 more BTC for £27.15 million or $36.45 million pushing its total holdings to 1,600 BTC. The firm paid an average of £83,525 or $112,157 per bitcoin marking a major move in its crypto treasury strategy.

Now among the top 25 public bitcoin holders Smarter Web has overtaken Fold and aims to break into the top 20 soon. The company’s bitcoin is worth $190.14 million on paper showing an 11.3 percent gain with bitcoin recently hitting a new all-time high above $123,000.

CEO Andrew Webley plans to keep acquiring bitcoin after adding over 1,000 BTC in July alone. The firm offers web design and marketing services and began accepting bitcoin in 2023. It also launched the P/BYD ratio a new metric to track crypto treasury companies similar to the P/E ratio in traditional finance.

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Why Congress Must Fix Bitcoin Taxes

I grew up in northwest Iowa, the heart of the Corn Belt, renowned for some of the most fertile and productive farmlands in the world. When my grandpa planted corn and beans, he knew Uncle Sam would come for his portion — not when he planted, not while it grew and not when he harvested — but when he sold it. The same still goes for families that grow wheat, drill for oil, mine gold or produce other commodities. 

But when individuals mine bitcoin, today’s digital gold, the taxman comes twice. Not only that, when people use bitcoin to buy things, they have to calculate and report capital gains — even for small transactions like a cup of coffee.

President Trump campaigned…

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What If The Magnificent 7 Allocated Just 1% Of Their Cash To Bitcoin?

I. Introduction: A Shift in Reserve Logic

The largest companies in the world have balance sheets built to weather uncertainty. Their treasuries are designed for stability, liquidity, and scale. Traditionally, this has meant holding large reserves of U.S. dollars, government bonds, or short-duration instruments.

But today’s economic climate is challenging that orthodoxy. Persistent inflation, negative real yields, geopolitical volatility, and growing distrust in long-term monetary policy have turned “safe” assets into a silent liability. The question facing corporate finance leaders is no longer whether to act—it’s when.

And when that action comes from companies like…

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LATEST: Cantor Fitzgerald Plans $4B Bitcoin Deal With Blockstream’s Adam Back

Cantor Fitzgerald is reportedly finalizing a $4 billion SPAC deal to acquire billions in Bitcoin, making it one of the largest crypto buys ever by a Wall Street firm. The deal involves Cantor Equity Partners 1, which raised $200 million in January, and crypto pioneer Adam Back, founder of Blockstream.

Back is expected to contribute up to 30,000 Bitcoin, worth over $3 billion, and the vehicle plans to raise an additional $800 million to grow the crypto investment. In return, Back and Blockstream Capital will receive shares in the newly named BSTR Holdings.

This follows Cantor’s $3.6 billion Bitcoin venture with SoftBank and Tether in April, potentially pushing total crypto investments near $10 billion. The move signals Cantor’s aggressive expansion in crypto under new chairman Brandon Lutnick and highlights rising institutional interest during “crypto week” in Washington.

LATEST: Kraken Expands Into U.S. With CME Crypto Futures Trading Platform

Kraken has launched Kraken Derivatives US a new platform allowing users to trade CME-listed crypto futures and spot assets within a regulated environment. This launch brings a streamlined experience for US traders seeking both compliance and capital efficiency.

The service is now available in Vermont West Virginia North Dakota Mississippi and Washington DC with plans to expand to more states. Kraken Derivatives US provides a unified trading interface designed for speed reliability and regulatory oversight.

Kraken also plans to grow beyond crypto into commodities FX equities and fixed income futures. Instant collateral transfers will support cross-market trading. The move follows the company’s commission-free stock trading launch highlighting Kraken’s strategy to become a multi-asset trading hub.

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Cantor Equity Partners I (CEPO) Soars On Potential Bitcoin Deal With Satoshi Nakamoto-Linked Adam Back – Cantor Equity Partners I (NASDAQ:CEPO)

Shares of special purpose acquisition company Cantor Equity Partners I Inc CEPO surged into the close on Tuesday following a report that the company is nearing a deal to invest billions in Bitcoin BTC/USD.

What To Know: According to a Financial Times report, Cantor Fitzgerald chair Brandon Lutnick is in late-stage talks with Blockstream Capital founder Adam Back to buy more than $3 billion in Bitcoin.

Cantor Equity Partners I, which raised $200 million in cash in an IPO in January, would reportedly have Back contribute more than 30,000 Bitcoin to the blank check company and raise up to $800 million in outside capital as part of a broader deal aimed at accumulating the crypto.

Back and…

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