Cantor Equity Partners I postponed the shareholder vote on its merger with Bitcoin Standard Treasury Company (BSTR) from June 26 to July 2. The merger would list Adam Back’s firm on Nasdaq with 30,021 Bitcoin, making it the fifth-largest public Bitcoin treasury. Back aims to raise up to $1.5 billion to buy more Bitcoin, potentially boosting BSTR to second place among public treasuries. The vote delay comes amid falling valuations for digital asset treasury companies and depends on shareholder redemptions before June 30, which could affect BSTR's buying power.
Bitcoin sellers are showing signs of exhaustion around the $64,000 level, indicating a potential late stage of the market downturn, according to Glassnode. However, the firm has not confirmed a market bottom yet, as bitcoin remains stuck in a narrow ...
In Austria, investors can offset realized Bitcoin losses against dividends and certain other investment income for tax purposes, reducing taxable income. This offset must occur within the same calendar year and is not automatic across different finan...
Western Star Resources has begun its first field exploration program at the Eagle Point Tungsten Project in New Mexico, aiming to validate geological data and prepare drill targets. The project, a past-producing tungsten site, has historical estimate...
The International Energy Agency (IEA) has raised its forecast for the decline in global oil demand in 2026 to 1.6 million barrels per day, up from the previous estimate of nearly 1 million barrels. This sharper drop is driven by ongoing high fuel pri...
Large Cardano (ADA) holders have quietly reduced their positions following a price rebound above $0.20, with wallets holding 1M-10M ADA dropping from 2,370 to 2,340 in nine days. This coordinated selling coincides with technical indicators signaling ...
