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.

Source

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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Inside Cantor Fitzgerald’s $4B Bitcoin Treasury Deal With Blockstream

This article represents Bitcoin For Corporations’ perspective. Please read our news article if you’re looking for complete detailed coverage.

Something is changing in the capital markets—and it’s not subtle. This week, Cantor Fitzgerald advanced what may become one of the largest Bitcoin treasury moves to date, solidifying its position as one of the most aggressive institutional Bitcoin buyers in the world.

The deal: a $4 billion special purpose acquisition company (SPAC) combining with Blockstream Capital, the trading and investment arm of Bitcoin infrastructure firm Blockstream. As part of the deal, Blockstream Capital—co-founded by early Bitcoin contributor Adam…

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Solana Firedancer dev sheds light on the project’s difficulties

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Solana’s Firedancer client — a high-performance implementation of the blockchain’s software being built by Jump — was first announced in 2022. 

Nearly three years later, the project still comes with training wheels.

That’s a very long time in the crypto world, so when Firedancer developer Michael McGee joined me on the Lightspeed podcast this week, I was curious to get his take on the client’s timeline. McGee painted an enormously difficult engineering task: rewriting a poorly documented codebase from scratch while the original software sees constant upgrades.

“The fact…

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The bills up for debate as ‘Crypto Week’ continues

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

It’s day two of “Crypto Week” in the US House. 

The Rules Committee on Monday afternoon heard from fellow representatives on three crypto bills: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance Act. 

House members then failed to pass a procedural vote Tuesday that would have advanced further debate around the bills. Thirteen Republicans voted against the motion (alongside Democrats), bringing the final tally to 196-223. 

With the exact next steps unclear, it remains worth knowing about each potential law and what proponents and critics have to say:

GENIUS… Read more on Blockworks

LATEST: NYSE Arca Approves ProShares Leveraged XRP Futures ETF For Trading

NYSE Arca has certified the listing approval of the ProShares Ultra XRP ETF, according to a letter sent to the SEC on Monday. The UXRP fund is a futures-based product, offering leveraged exposure to XRP’s price movements without directly holding the cryptocurrency.

ProShares states the ETF seeks to deliver twice the daily return of XRP futures, before fees and expenses. While the official trading date is unconfirmed, many expect it could launch as early as this week, following the trend of faster approvals for futures-based crypto ETFs.

This marks a major step forward for crypto ETFs beyond Bitcoin and Ethereum. ProShares also proposed a Short XRP ETF and an Ultra Short XRP ETF. Other firms have submitted applications for ETFs tied to Solana, XRP, and Dogecoin, reflecting a growing appetite for diversified crypto investment products.

ProShares ‘s website