🐋 💸 The firm Twenty One Capital, founded by Cantor Fitzgerald, plans to compete with Strategy — its authorized capital will amount to 42,000 BTC ($3.9 billion), of which Tether will provide 23,950 BTC, Softbank will contribute 10,500 BTC, and Bitfinex will add 7,000 BTC. In return, partners will receive shares at a price of $10 each, based on a BTC valuation of $85,000. The company will be led by Jack Mallers, the founder of Strike.

Twenty One Capital intends to go public on the Nasdaq under the ticker XXI through a merger with Cantor Equity Partners, raising $385 million through bonds and $200 million through the sale of shares.

The company claims that its model is more advantageous for investors than that of Strategy. With 42,000 BTC on its balance sheet, it will become the third-largest Bitcoin holder among public companies.

📊 💸 Fidelity: The supply of #BTC on exchanges is decreasing due to purchases by their listed companies—a trend that is expected to intensify in the near future.

💸 ✴️ BTC is seeing the strongest demand from buyers — CryptoQuant.

💸 Ecoinometrics reports largest inflows into Bitcoin ETFs, April 21-23, amid mixed movement with NASDAQ.

📊 Last week, total net inflows into spot Bitcoin ETFs exceeded $3 billion.

🪙 Sixteen months after the launch of its spot Bitcoin ETF, Grayscale's GBTC continues to dominate, generating about $268 million in annual revenue — more than all other Bitcoin ETFs combined ($211 million).

🪙 Bitcoin growth is driven by institutions — Bitwise

Bitwise CEO Hunter Horsley reported that despite Bitcoin’s growth above $94,000, the number of “Bitcoin” searches on Google remains at multi-year lows.

According to him, this indicates that the market is currently moving not due to retail investors, but due to the activity of institutional players: funds, corporations and states.

🗽Arizona has become the first US state to pass a BTC reserve bill that allows up to 10% of state funds to be invested in digital assets like BTC. The bill now needs to pass Democratic Governor Katie Hobbs' desk to be signed into law.

🪙 Bitcoin rose 14.2% in April, its best monthly performance since November 2024.

📢 🇺🇸 Interesting takes were shared in yesterday's interview with the U.S. Secretary of Commerce:

⚫️Bitcoin should be considered a commodity, alongside oil and gold.

⚫️The U.S. government supports Bitcoin, and both Donald Trump and David Sachs have long been advocates of crypto.

⚫️Trump has already signed an order to create a strategic reserve of Bitcoin.

⚫️Limited issuance is the key value of BTC.

⚫️ The U.S. will develop mining and build new data centers, while the Department of Commerce is launching a new investment accelerator to support these initiatives.

It is very important for such takes to be voiced as often as possible, and for pro-crypto officials to increase in number — they are the ones shaping the legislative framework for the development of the industry and attracting institutional investors.

🪙 🇯🇵 Japan's Metaplanet Launches US Subsidiary

Metaplanet Treasury Corp. is registered in Florida with $10 million in capital. The structure will follow the Bitcoin treasury strategy of its parent company and plans to raise $250 million for this purpose.

🪙 ❗️ $97,000 Bitcoin

Forecasts for BTC and ETH from Various Leaders in the Crypto Industry

⚫️ Catherine Wood (CEO of Ark Invest)
"In the Big Ideas 2025 report, we updated our target levels for Bitcoin by 2030, assuming three scenarios:
Bearish - around $300,000.
Base - around $710,000.
Bullish - approximately $1.5 million per Bitcoin."

⚫️ Arthur Hayes (co-founder of BitMEX)
"It’s time to long everything. The U.S. will have to increase dollar liquidity, and this will help Bitcoin reach $1 million by 2028."

⚫️ Francis Hunt (trader, author of the HVF method)
"BTC is consolidating; my target is $100K, although there may be a pause before the next surge. BTC dominance is currently in a low volatility zone, and I believe a reversal is possible, which would be a positive signal for altcoins."

⚫️ Mike Alfred (founder of Alpine Fox fund)
"Bitcoin is overdue for growth. May will be huge. If you don’t understand this, you’re out of the market."

⚫️ Lark Davis (investor and crypto blogger)
"I expect a retest of the 20-day EMA at $1,720, and even better — to catch a wick just below $1,690. Potential long up to the 200-day EMA at $2,500."

⚫️ Michaël van de Poppe (CEO of the analytics company Eight)
"ETH is showing bullish divergence against BTC. I expect ETH to rise to $2,500 within 2-4 weeks. An alt season is also possible."

As you can see, all experts lean towards the idea that we may be expecting significant growth in all risk assets in the near future.

✈️ The Salvador Bitcoin Travel agency made its first sale of a historical tour for BTC — a client paid for an 8-hour flight from Brussels to Montreal.

🇺🇸 Florida officials have withdrawn bills to create a state Bitcoin reserve, with HB487 and SB550 “indefinitely postponed and withdrawn from consideration.”

🪙 Bitcoin Core plans to remove the restriction on OP_RETURN, the operator that allows writing data to the blockchain.

Critics warn that this could lead to increased spam, abuse, and even the posting of unwanted content.

📊🪙 Bitcoin outperformed both gold and the S&P 500 last month, according to Cyberrank

💸BlackRock’s iShares Bitcoin Trust (IBIT) has recorded 16 consecutive days of inflows.

🇯🇵 Metaplanet (the Japanese equivalent of Strategy) has purchased an additional 555 BTC for $53.4 million—now the company owns a total of 5,555 BTC, acquired for a total of $481.5 million at an average price of $86,672 per coin.

Additionally, Metaplanet will raise $25 million for the purchase of BTC through the issuance of bonds.

📊 It's been 141 days since Bitcoin's last ATH — on average, it takes 211 days to break another record.

If the pattern continues, a new ATH is possible in ~70 days, although CryptoQuant analysts believe it could happen sooner.

⚡️⚡️BTC hits $100k again