Cantor Fitzgerald-backed SPAC and Adam Back’s Bitcoin firm scrap original merger terms, start fresh negotiations

Bitcoin price pressure took BTC toward the "crucial" $61,000 mark as oil prices soared on the collapse of the US-Iran ceasefire.

US airstrikes on Iran ended the ceasefire, sending Bitcoin below $62K, Ethereum near $1,700, and Solana down 6.8% as risk-off sentiment gripped all markets. The post Geopolitical shock sends risk assets into retreat as US airstrikes on Iran rattle markets appeared first on Crypto Briefing.

Adam Backs Bitcoin Standard Treasury Company and Cantor Equity Partners are revising their SPAC merger after abandoning the original deal terms. The post Cantor and Adam Back reset merger plan for Bitcoin treasury company appeared first on Crypto Briefing.

The post Kazakhstan Crypto Decree Targets Mining And Stablecoins appeared on BitcoinEthereumNews.com. Kazakhstan, one of the world’s largest Bitcoin mining hubs, is moving to expand its crypto sector as a new decree introduces rules for stablecoin payments, tax breaks for regulated crypto activity and new energy options for mining. Kazakhstan President Kassym-Jomart Tokayev has signed a decree aimed at building a regulated digital asset market, the Ministry of Artificial Intelligence and Digital Development (MAIDD) announced on Wednesday. Developed jointly by MAIDD, the central bank and the Astana International Financial Centre, the order is viewed as a tool to increase regulatory clarity for crypto businesses, investors and digital asset service providers. The move signals Kazakhstan’s latest effort to expand its role in the crypto industry and establish itself as a major global crypto hub. Stablecoins enter Kazakhstan’s cross-border trade plans In one of its key directions, the decre

BlackRock's Bitcoin purchase may signal renewed institutional confidence, potentially influencing market sentiment and future price trends. The post BlackRock buys $250M Bitcoin after two weeks of selling appeared first on Crypto Briefing.

The post Adam Back’s BSTR and Cantor to revise SPAC merger structure appeared on BitcoinEthereumNews.com. Adam Back’s Bitcoin Standard Treasury Company (BSTR), the bitcoin treasury company backed by the Blockstream CEO and bitcoin pioneer, is renegotiating the terms of its planned public listing through a merger with Cantor Equity Partners I (CEPO), with the parties abandoning the original structure agreed last year in an effort to better reflect current market conditions. The companies said Wednesday they will not complete the transaction under the terms of the July 2025 business combination agreement. Instead, they are discussing a revised structure, with further details expected in future filings with the U.S. Securities and Exchange Commission. As part of the changes, the previously announced private placement financing tied to the merger will no longer be required to close. CEPO also indefinitely postponed its shareholder meeting, which had been scheduled for July 10. Any redempti

Bitcoin remains in deep value after five months below key investor cost bases. Long-term holder capitulation is accelerating while ETF flows stay negative. Derivatives have de-risked but the options surface retains a defensive tilt. The bottoming process is advancing, but not yet complete.