Pantera Capital Plans to Raise $1.25B to Establish Solana Treasury Company
Simply put Pantera might create “Solana Co.” to manage Solana Tokens as a corporate asset. This initiative begins with a proposed salary increase of $500 million, followed by a $750 million warrant. One organization could hold more Solana than all existing public finance ministries combined. Pantera Capital is reportedly seeking to raise $1.25 billion to […]
Bitcoin trader converts $1.25B long position to short as BTC value drops below $108K
Key Points: Bitcoin continues to drift further from its recent peak as trade tariffs in the U.S. impact market sentiment. Some traders suggest that BTC’s price might dip even lower while still being part of a bull market. James Wynn, a notable trader, is betting against BTC after previously closing a substantial position worth $1.25 […]
Trader James Wynn commits heavily to $1.25B Bitcoin Long
James Wynn, a notable trader in the high-lipid market, has ramped up his Bitcoin position to a staggering $1.25 billion, following a profitable exit from his $PEPE stake, which earned him $25.2 million. As reported on May 24th by Lookon Chain, Wynn has taken a position of 11,588 BTC, with an average entry price of […]
Ted Cruz urges White House to halt $1.25B in ‘digital equity’ funds
First appearance on Fox: Sen. Ted Cruz (R-Texas) is suing the Biden administration for $1.25 billion in “digital equity,” arguing that using race-based criteria to expand broadband access is unconstitutional. They are calling for the program to be canceled. “We strongly request that the illegal act be revoked.” [Notice of Funding Opportunity] NOFO should stop […]