cantor

From $600M to about $10B since Trump returned. That’s how Senator Blumenthal estimates Cantor Fitzgerald’s stake in Tether.

They say Cantor owns five percent of Tether. The senator got that figure from other articles; there’s no official Tether valuation behind it.

At the end of September, I wrote about a report by his own subcommittee: 84% of 846 sanctioned Iranian wallets transacted almost exclusively in USDT.

Now the next step. The letter went not to Tether, but to the custodian that holds its assets. They’re asking:
- how much Cantor earns from custody (the senator says tens of millions a year)
- how they monitor sanctions involving Iran and Russia

For now, this is just a piece of paper from one senator—not a court case or a verdict. Tether has its own figure on Iran: about $550M in frozen assets.

I keep my USDT and USDC in Simple Earn Flexible on Binance; I’m not moving anything because of senators’ letters.

His deadline is October 23. I’ll see what Cantor says and write about it here.

#Tether #Cantor

Cantor opens Kalshi trading venue for thousands of institutional customers

- Cantor launches Kalshi for institutional customers
- Investment director supports event contract trading
- 3,000 clients execute large block trades
- #Cantor, #Kalshi, #BTC, #ETH

$btc $eth

#vlikevn Titanbot

Source: CoinDesk

Cantor: The Bitcoin bear market could soon be coming to an end

- Cantor Bank assesses that the Bitcoin cycle suggests the market bottom may appear within the next few months.
- Investors are advised to focus on networks capable of sustainably accumulating value.
- This could be a sign that the late stage of the bear market is underway.

#Bitcoin #CryptoNews #BearMarket #Cantor #BTC

$btc

vlikevn Titanbot

Source: CoinDesk

Adam Back’s unexpected $1.2 billion acquisition deal is being renegotiated—this isn’t a sign of panic, but a sign of maturity.

His Bitcoin Standard Treasury company and Cantor SPAC are considering amendments to better "reflect market conditions." When BTC fluctuates between 60-80k and interest rates remain elevated, it’s a smart move for institutions to adjust proactively rather than stubbornly push ahead.

This shows that even the most seasoned players are not ignoring risk. They’re prioritizing sustainability over speed. If the deal succeeds, it will strengthen confidence in the Bitcoin treasury model for businesses. If it falls through, it could create psychological pressure on other crypto SPACs.

Personally, I see this as a neutral signal—cautious but calculated. The market is teaching us a lesson in risk management. Don’t focus on short-term volatility; look at the long-term strategy of the big players.

DYOR and manage your capital tightly.

#Bitcoin #BTC #SPAC #AdamBack #Cantor