Strike’s Jack Mallers named CEO of Bitcoin-focused Twenty One Capital
Jack Mallers, founder and CEO of crypto payments firm Strike, is taking on a new role as CEO of the newly formed Bitcoin-centric company Twenty One.
The announcement that Jack Mallers will be the new Twenty One Capital, Inc. CEO comes after the new company revealed a business venture involving Cantor Equity Partners,a special-purpose acquisition company by a Cantor Fitzgerald affiliate.
Backed by stablecoin issuer Tether and Japanese investment powerhouse SoftBank Group, Twenty One will launch with more than 42,000 Bitcoin ( BTC ) under management. The company aims to maximize BTC ownership per share for its investors and will explore opportunities in BTC-native financial products.
“Our mission is simple: to become the most successful company in Bitcoin, the most valuable financial opportunity of our time. We’re not here to beat the market, we’re here to build a new one. A public stock, built by Bitcoiners, for Bitcoiners,” Mallers said in a statement.
Maller’s digital payments firm Strike, which has expanded its services significantly in recent months, is a leading provider of Bitcoin payments via Lightning Network.
Apart from unveiling BTC brokerage infrastructure, the firm has been instrumental in helping companies and businesses integrate Bitcoin in their corporate balance sheets. In 2024, Mallers predicted Bitcoin price could reach $1 million.
“With Jack at the helm, we are proud to support this effort to further Bitcoin’s adoption and reinforce its role as the ultimate store of value,” said Paolo Ardoino, chief executive officer of Tether. “At Tether, we have always believed in supporting initiatives that strengthen Bitcoin’s dominance and real-world utility. Twenty One will take a Bitcoin-first approach that aligns with our vision—prioritizing accumulation over speculation and building long-term value for those who understand what Bitcoin represents,” he added.
Twenty One aims to launch financial products native to the Bitcoin ecosystem, including lending and capital market instruments. The company also plans to invest in pro-Bitcoin content and media. Overall, its goal is to deliver a pure-play approach that maximizes value for Bitcoin-aligned investors.
Bernstein: BTC price performance is excellent, and investors' valuation has changed
Bitcoin prices rose above $94,000 on Wednesday, which some analysts believe indicates a shift in investors' valuations of the asset. Gautam Chhugani, an analyst at brokerage firm Bernstein, said in a report that this is the best Bitcoin price performance he has seen in all the time he has been studying cryptocurrencies, and it is hard not to invest in cryptocurrencies at this time. Analysts believe that investors may now view Bitcoin more as a non-sovereign store of value and a form of hedge against geopolitical uncertainty, policy errors and currency devaluation. (DL News)

Bitcoin Reclaims $94k as Bullish Momentum Returns To Crypto Market.
Bitcoin (BTC) has reclaimed the $94,000 level, posting a solid 6.2% gain in the last 24 hours and 12.9% over the past week.
This surge marks a significant shift in market sentiment, as investors increasingly view BTC as a hedge against macroeconomic uncertainty and a store of value reaffirming its status as “digital gold.”
The recent upward movement comes amid heightened institutional interest, growing spot ETF inflows, and a broader return of risk appetite in the market.
Analysts point to on-chain activity showing increased accumulation, particularly among long-term holders, as a key indicator of continued bullish strength.
Ethereum (ETH) has also seen a notable rebound, currently trading at $1,790 after climbing 10.2% in the past 24 hours and 14.5% over the last seven days.
The ETH price action reflects growing confidence ahead of anticipated network upgrades and renewed DeFi activity, suggesting that capital is beginning to rotate back into altcoins following BTC’s lead.
With both BTC and ETH gaining momentum, the broader crypto market appears to be entering a new phase of upward consolidation fueled by positive fundamentals, favorable macro signals, and a surge in trading volumes across major exchanges.
Cardano Price Prediction: Bullish Forecast Hints at 10x ADA Gains
Strong technical signals and ecosystem growth support the bullish 10x ADA price prediction, with $7 targets from leading analysts.
Institutional adoption and treasury discussions for stablecoin liquidity could further strengthen Cardano’s long-term positioning.
Reiterating the Cardano price analysis explained in a recent Crypto News Flash (CNF) update , on-chain data revealed that Cardano whales offloaded over 100 million ADA tokens in the past week, keeping investors on edge.
Current analyst predictions suggest a potential 10x surge in ADA’s value by 2025. Let’s delve into the factors fueling this bullish outlook.
According to analysts, several positive technical indicators are supporting ADA’s bullish outlook. The Moving Average Convergence Divergence (MACD) is turning positive, a classic ‘buy signal’ that suggests fresh bullish momentum.
Meanwhile, the Cardano Community is currently arranging an important meeting to discuss how treasury funds should be used to boost liquidity for native stablecoins.
It’s about unpacking the core questions: What are the opportunities? What are the risks? And what role should the treasury play in supporting Cardano’s DeFi ecosystem? The discussion will bring together a diverse panel, including stablecoin issuers and governance action authors, to share perspectives.
Additionally, ADA’s price is trading above the Ichimoku Cloud, indicating sustained uptrend support. A ‘green twist’—a bullish crossover within the Ichimoku system—is occurring above the cloud, reinforcing the optimistic sentiment.
According to recent reports, Cardano’s ecosystem continues to expand, attracting institutional interest. Analyst Mitchell Bouchard highlights the platform’s growing smart contract ecosystem and increasing institutional adoption as major growth drivers.
Furthermore, partnerships with governments and NGOs, such as the Ethiopian government’s collaboration, showcase real-world use cases. The introduction of the Lace Wallet, a multi-chain solution with a built-in DApp store and staking reward automation, also enhances user experience and accessibility.
Various analysts have shared their ADA price predictions for 2025, including: Crypto analyst Jad Mubaslat (aka Deezy), who projects a 1,000% surge to $7, based on historical price cycles. Analyst Ali Martinez, who notes ADA breaking out of a Triangle pattern, potentially leading to a 27% price move.
Lastly, analyst Kris Does Crypto, who aligns with a $5.33 prediction, citing ADA’s technological advancements and increasing adoption.
According to the recent CNF Cardano price forecast , ADA’s price had dropped 17% in the last seven days as dormant wallet activity increased.
However, Cardano’s robust technical indicators, expanding ecosystem, and growing institutional interest continue to contribute to optimistic price projections.
As of now, Cardano (ADA) is trading at approximately $0.6994, reflecting a 12.17% increase in the last day and 14.55% in the last week. See ADA price chart below: