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After the news of Cantor Fitzgerald’s partnership with SoftBank and Tether, the shares of Cantor Equity Partners (CEP) saw a steep 134% increase.
Cantor, the legacy investment firm, is now foraying into Bitcoin by establishing a new venture called Twenty One Capital, which is expected to raise around $3B worth of $BTC from its partners.
This includes $1.5M from Tether, $900M from SoftBank, and $600M from Bitfinex. These figures were quoted at a valuation of $85K per $BTC, but the token has climbed since then, putting the total valuation at around $3.9B.
It’s worth noting that CEP is just a blank check company that will oversee and help the formation of Twenty One Capital, which will be a publicly traded entity.
Another Bitcoin fund is surely positive news for the OG crypto. Keep reading to find out its exact implications and which new crypto you can buy right now to benefit from a forthcoming $BTC push.
Cantor’s Crypto Interests
CEP is owned by Brandon Lutnick, son of Howard Lutnick, who had stepped down from the company to serve as the US Secretary of Commerce.
As per a recent announcement, Jack Mallers would be the CEO of Twenty One Capital. The investment vehicle is expected to raise $385M in convertible seniors and another $200M through private investment in equity.
Cantor Fitzgerald credits this fast-paced love affair with $BTC to the pro-crypto Trump administration, which has brought in various favorable regulations in its bid to make crypto mainstream in the country.
Switzerland Pushes for a Bitcoin Reserve
Ever since Donald Trump announced the formation of a US Bitcoin reserve, there has been a race among other countries to follow suit. Switzerland is the latest one to join the transition.
A group of crypto experts in Switzerland have been campaigning for the Swiss National Bank (SNB) to acquire Bitcoin in order to diversify its foreign reserves.
Currently, around 75% of the SNB’s foreign reserves are held in the form of euros and US dollars, which makes it very susceptible to global political conditions.
However, allocating just 1%-2% of the $1 trillion reserve can protect the country against monetary debasement. Lucius Meisser, a prominent member of the campaign, is expected to speak at SNB’s AGM this week.
The SNB has so far remained skeptical about crypto, citing high volatility and technical vulnerabilities.
If Switzerland’s proposal goes through, it would be the world’s first constitutional reform that would mandate a country’s central bank to maintain a Bitcoin reserve.
With investors and governments aggressively pushing for a more crypto-friendly ecosystem, now’s the best time to join the crypto bandwagon. If you’re looking for opportunities, here are some of the best cryptos to buy now.
1. BTC Bull Token ($BTCBULL) – Best New Crypto to Rise Alongside Bitcoin
If you want to cash in on Bitcoin’s potential rally, there’s no better crypto to invest in than BTC Bull Token ($BTCBULL).
While other altcoins secretly wish for Bitcoin’s good health, this bull is well and truly Bitcoin’s biggest supporter. It’s, in fact, the ONLY crypto to offer free $BTC airdrops to its token holders.
As a proud prince, it’s waiting for the king cryptocurrency to reach new milestones ($150K, $200K, and $250K), which is when it’ll reward $BTCBULL holders with free $BTC.
Just note that you must hold your $BTCBULL tokens in Best Wallet to be eligible for these airdrops.
It’s also worth mentioning that BTC Bull Token will follow a deflationary model. This is a common approach among the best meme coins.
It involves shaving off a part of the total token supply to create artificial scarcity and boost the crypto’s demand.
So, if you buy it now (for just $0.00248), you could take home a nearly 400% ROI. Here’s how to buy BTC Bull Token.
2. Solaxy ($SOLX) – Best Utility-Based New Crypto Right Now
Solaxy ($SOLX) might not be directly tied to Bitcoin’s success, but it is to Solana’s, which, as the #1 launchpad for meme coins, relies on Bitcoin to drive the large crypto market to new heights.
However, for Solana to usher in a new era for meme coins, it’ll need Solaxy’s support. That’s because Solana is currently struggling with network congestion, failed transactions, and limited scalability.
Solaxy, however, is the first-ever Layer 2 solution on Solana. And as such, it will reduce the burden on its mainnet by offloading a lot of transactions onto a side chain.
Plus, even though Solana is already one of the most affordable blockchains, it will further benefit from Solaxy’s batch-processing approach.
Since transactions will be processed in a bunch – and not individually – it will reduce transaction fees.
With over $31.5M in early investor funding, Solaxy is well on its way to becoming the next crypto to explode.
Don’t miss out on this one-of-a-kind opportunity and buy $SOLX now for just $0.001704. For more information, here’s our guide on how to buy Solaxy.
3 . Zerebro ($ZEREBRO) – Hot New Crypto Dominating the Top Gainers List
Bitcoin only just turned bullish again, and we’re already seeing community-backed meme coins record triple-digit gains. Zerebro ($ZEREBRO) is a great example of this.
It’s an autonomous AI system that has been built to create and distribute content across popular social media platforms, like X, Telegram, and Instagram. Sounds a bit like MIND of Pepe, doesn’t it?
Zerebro, however, is based on hyperstition, meaning its stories blend elements of both reality and fiction.
It wants to capture the attention of its audiences with never-seen-before content. So, the popularity it gains from there is ultimately what will drive the price of its native token.
At the time of writing, $ZEREBRO is up over 265% in just the last seven days, which is proof that people are on board with its unique prospect.
Seeing as the project is still in its infancy and there’s a lot of room for growth, the token’s current price of $0.07434 makes it one of the best cheap cryptos to buy now.
How Much Can $BTC Ultimately Affect the Best New Crypto?
The best altcoins could surely have more adrenaline running through their veins once they see Bitcoin climbing higher.
However, although you could reasonably expect the larger altcoin market to benefit from $BTC, it’s really difficult to handpick specific tokens that will rally the most.
On that note, we urge our readers to do their own research before investing. Kindly bear in mind that our articles are not financial advice.
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