Twenty One Capital’s launch of a Proof of Reserves protocol reveals substantial holdings of over 42,000 BTC backed by key players like Tether and Bitfinex. This initiative is designed to enhance transparency in the cryptocurrency market, although some industry observers express skepticism about potential market manipulation.
In parallel, Trump Media has submitted a registration statement to the SEC for a substantial $2.3 billion Bitcoin treasury plan, indicating a major shift towards Bitcoin investment. The funds are aimed at boosting corporate operations amid ongoing debates about the implications for the market.
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