Jack Mallers’ Twenty One Capital Wins Approval for CEP Merger, Poised for Public Debut on Nasdaq

Ethereum has shown resilience by reclaiming the $3,150 level, indicating a potential recovery after a period of significant selling pressure and market uncertainty. The Net Unrealized Profit/Loss (NUPL) for Ethereum is currently at 0.22, reflecting a balance between fear and optimism among investors.

Bitcoin Treasury Twenty One Capital is set to begin trading on the New York Stock Exchange next week, backed by a substantial $4 billion Bitcoin treasury. This move marks a significant milestone for the company as it transitions to a publicly traded entity, following a successful merger with Cantor Equity Partners.

Italy has initiated a thorough review of retail crypto-investment safeguards in response to increasing risks associated with the growing links between cryptocurrencies and the financial system. This move comes amid concerns that the current regulatory framework may not adequately protect investors from potential losses.

XRP has reached a yearly high in on-chain velocity, indicating a surge in network activity as it rebounds to the $2.10 level amidst a recovering cryptocurrency market. This uptick in velocity, reported by CryptoOnchain, reflects increased economic activity and liquidity on the XRP Ledger, marking a significant moment for the cryptocurrency.

A 2012 video featuring Brian Armstrong pitching Coinbase has resurfaced, showcasing his early vision that contributed to the platform becoming America's largest Bitcoin exchange. The video highlights Armstrong's foresight in the cryptocurrency space, which has evolved significantly over the past decade.

Bitcoin-focused Twenty One Capital is preparing for its public debut on the New York Stock Exchange (NYSE) following the successful merger with Cantor Equity Partners, which has garnered shareholder approval. This significant step is set to take place on December 9, 2025.

Christopher Harborne, a notable crypto investor, has made headlines by donating $12 million to the UK's Reform Party, signaling a significant financial commitment to political engagement within the cryptocurrency sector. This investment aligns with Harborne's previous involvement in the crypto industry, particularly with Tether and Bitfinex.

The U.S. Commodity Futures Trading Commission (CFTC) has approved federally regulated spot Bitcoin and cryptocurrency trading, with Bitnomial's exchange set to launch next week. This marks a significant step in the regulatory landscape for digital assets in the U.S.