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Cantor Fitzgerald, a financial services firm, is partnering with SoftBank, Tether (CRYPTO: USDT), and Bitfinex to create an SPAC that will acquire Bitcoin (CRYPTO: BTC), according to a report by the Financial Times.
The report says that Cantor's partners will be converting their BTC investments — which were made at an assumed price of $85,000 per Bitcoin and will be valued at $10 per share — into shares of 21 Capital.
The report adds that the deal is still in its early stages and there has been no official announcement yet. It’s possible that the arrangement could fall through or the terms could change before the final deal.
After Howard Lutnick stepped down from Cantor to join Donald Trump’s Commerce Department, Brandon and Kyle Lutnick — Lutnick’s sons — took over as Chairman and Executive VC, respectively.
Credit for a shift towards a more pro-crypto mindset goes to the ‘crypto president,’ who has promised to make crypto mainstream in the US through positive regulations.
Bitcoin Hits 7-Week High As Tariffs May Come Down ‘Substantially’
For the first time since March 2, 2025, Bitcoin breached the $93K level after it rose by more than 6.8% on Tuesday, April 22.
The king crypto jumped 1.56% within just one minute during this rally, from $91,969 to $93,405.
“This is the craziest one-minute candle I’ve ever seen on the Bitcoin chart,” said Michael Sullivan, a Bitcoin analyst.
Just a day earlier, more than $381.3M inflow was seen in the 11 US spot BTC ETFs as well.
This comes after Trump said that the tariffs on China will eventually come down significantly and that he won’t be removing Powell, the US Federal Reserve Chair.
With institutional momentum building — and Bitcoin hitting new highs on the back of deals like Cantor’s 21 Capital — the stage is set for another full-scale bull run. And while BTC might be the headliner, it’s often the altcoins riding his wave that deliver the biggest returns.
That’s why now is the time to explore three of the best low-cap coins to buy today if you’re looking to ride the next phase of Bitcoin’s rally.
1. BTC Bull Token ($BTCBULL) – Best Altcoin to Buy to Ride $BTC’s Growth
If you’re looking for a meme coin that can mimic — and even surpass — Bitcoin’s growth trajectory without requiring a huge upfront investment, BTC Bull Token ($BTCBULL) is the best crypto to buy now. Especially as $BTCBULL is the ONLY crypto that airdrops free $BTC to its token holders.
What’s more, because these airdrops will take place every time Bitcoin smashes through a new milestone (like $150K, $200K, and $250K), we can expect BTC Bull Token to follow Bitcoin’s coattails.
What’s more, the project’s developers have planned to follow a deflationary approach, which will further push $BTCBULL’s price.
To better understand BTC Bull Token’s potential, take a look at our $BTCBULL price prediction. It suggests that the token could explode by nearly 400% and reach $0.0096 by 2026.
Don’t miss out on Bitcoin’s biggest cheerleader and buy $BTCBULL today! Even better, each token is priced at just $0.002475, seeing as the project is in presale (where it has already raised nearly $5M).
2. Solaxy ($SOLX) – Top New Altcoin Building First-Ever Solana L2
A Bitcoin rally would add further fuel to the recent resurgence of meme coins. Consequently, this would make Solana — i.e., the go-to blockchain for meme coins — the center of attraction.
As a result, Solana’s most anticipated listing, Solaxy ($SOLX), which aims to solve the network’s congestion and scalability issues, could become the next crypto to explode.
To achieve its lofty goal of revamping Solana, Solaxy will be building the first-ever Layer-2 scaling protocol on the network. This will shoulder the burden on Solana’s mainnet by offloading some of its transactions onto a sidechain.
One of the biggest reasons we’ve predicted Solaxy to gain over 12,000% and reach $0.20 by 2030 is its presale performance. With over $31M in presale funding, it’s easily among the best crypto presales we’ve seen in recent times.
The presale is still ongoing. You
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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