🚨 🚨 🚨 570 #BTC (52,257,224 USD) transferred from #Bitfinex to unknown wallethttps://t.co/LBictoARSD ...

Bitcoin (CRYPTO: BTC) is about to get a Wall Street coming out party unlike anything the industry has seen before. On December 9, Twenty One Capital will debut on the New York Stock Exchange under ticker symbol XXI, marking the first Bitcoin native company to trade on the prestigious exchange and positioning itself as the largest Bitcoin treasury firm on the NYSE.The listing comes after shareholders approved the merger between Twenty One Capital and Cantor Equity Partners Inc. (NASDAQ:CEP) on December 3, cl ...

🚨 🚨 🚨 🚨 🚨 120,000,000 #USDT (120,082,056 USD) transferred from Tether Treasury to #Bitfinexhttps://t.co/vfyM4ESfPs ...

🚨 🚨 🚨 🚨 🚨 120,000,000 #USDT (120,036,000 USD) transferred from #Bitfinex to Tether Treasuryhttps://t.co/Cxlso7FePx ...

Core Insights - Twenty One Capital, Inc. has received shareholder approval for its merger with Cantor Equity Partners (CEP) [1] - The transaction is expected to close around December 8, pending regulatory conditions [2] - The merged entity will operate under the Twenty One Capital name and is set to begin trading on the NYSE on December 9 with the ticker symbol XXI [3] Company Overview - Twenty One Capital is positioned as the first Bitcoin-native company expected to be publicly listed [3] - The company will hold approximately 43,500 BTC, valued at around $4 billion, making it potentially the third-largest corporate Bitcoin holder [4] - The venture involves collaboration with Tether, Bitfinex, Cantor Fitzgerald, and SoftBank, with the name referencing Bitcoin's total supply of 21 million coins [5] Market Reaction - Cantor Equity Partners stock surged by about 22% to $14.50 following the merger announcement, although it remains down approximately 66% over the last six months [6] - Bitcoin's price has increased by about 2.5% this week, trading above $93,000 after a recent decline [6] - Traders on the Myriad platform predict a 76% chance that Bitcoin will reach $100,000 before dropping to $69,000 [7]

Market Analysis - Bitfinex analysts suggest the Bitcoin price bottom is near [1] - Key stabilization factors include extreme deleveraging, short-term holder capitulation, and seller exhaustion [1]

Core Insights - Bitcoin experienced a significant rebound, climbing nearly 8% in a single day, indicating potential signs of a local bottom forming [1][8] - Bitfinex noted "seller exhaustion" in the market following a $19 billion leverage flush, which has reduced market risk and created conditions for stabilization [2][4][8] - The market is now operating on a "leaner leverage base," which decreases the risk of sweeping liquidations and eases pressure on prices [3][4] Market Dynamics - The recent rally briefly pushed Bitcoin toward $94,000, with the asset trading near $91,440 at the time of publication [3] - A violent correction in October led to a significant flush of leverage, which contributed to a broader downturn that saw Bitcoin drop to lows around $82,000 in late November [4] - Analysts are divided on whether Bitcoin's four-year cycle is losing relevance, with some suggesting that the current cycle appears different from previous ones [5][8] Seasonal Trends - Historical data shows December has been a quieter month for Bitcoin, with an average gain of 4.69% since 2013, although November this year closed with a steep loss of over 17% [6] - Market commentators express differing views on the current cycle, with some asserting that it does not resemble past cycles [7][8] Future Outlook - ARK Invest CEO Cathie Wood predicts a liquidity rebound for crypto markets, driven by anticipated Federal Reserve policy shifts before year-end [7]

🚨 🚨 🚨 🚨 🚨 110,000,000 #USDT (110,031,350 USD) transferred from Tether Treasury to #Bitfinexhttps://t.co/2JXM3dwiXQ ...

🚨 🚨 🚨 🚨 🚨 110,000,000 #USDT (110,038,500 USD) transferred from #Bitfinex to Tether Treasuryhttps://t.co/wwZ8OnmBNp ...

Bitfinex-backed Layer 1 Stable unveils tokenomics ahead of mainnet deployment https://t.co/2ujRYO8RtS ...