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

The post Crypto’s Relief Rally: Here’s What’s Behind ETH and BTC’s Green Week appeared on BitcoinEthereumNews.com. Key highlights: ETH and BTC performed better than stocks and gold last week Whale wallets bought over 270,000 BTC near the $60,000-$70,000 range Bitcoin ETF outflow streak was also broken with a $221 million inflow Crypto had its best week in months. Bitcoin rose 6.75%, and Ethereum rose 13.54%, easily beating stocks and gold. A new report from crypto trading firm Wintermute breaks down what drove the surge and why some caution is still needed. Wintermute: Weak jobs data and a dovish Fed sparked the rally The rally started with weak U.S. jobs numbers. Only 57,000 jobs were added last week, far below the expected 110,000. It was the weakest report in four months. Unemployment also fell to 4.2%. This weak data reduced the chances that an interest rate hike would happen this year. There were fears that the Federal Reserve was looking into hiking rates sometime this year. Fed

The post Cantor SPAC And Adam Back’s Bitcoin Treasury Renegotiate Merger Terms, Vow New Structure appeared on BitcoinEthereumNews.com. Cantor Equity Partners I (Nasdaq: CEPO), a special purpose acquisition company backed by an affiliate of Cantor Fitzgerald, and BSTR Holdings said today that they will not complete their proposed bitcoin business combination on the terms set in their July 2025 agreement. The parties plan to negotiate a revised structure and amended terms that reflect market conditions. The companies said the private placements tied to the original deal will not need to close. A shareholder meeting for CEPO, set for July 10, moved to a postponed date with no fixed timeline. Public shares submitted for redemption will return to holders, the note said.  The announcement marks a reversal for one of the largest bitcoin treasury deals to reach public markets. When the two firms unveiled the merger in July 2025, they framed a plan to take Bitcoin Standard Treasury Company, led

The post DAC8 Crypto Tax Reporting Faces Bull Bitcoin Legal Challenge appeared on BitcoinEthereumNews.com. A non-custodial Bitcoin exchange taking the French government to its highest administrative court over a tax reporting directive might sound like a long shot. But Bull Bitcoin’s legal challenge against the EU’s DAC8 crypto tax reporting framework is grounded in something far more visceral than regulatory disagreement — it’s about whether collecting and centralizing data on millions of crypto holders could get people killed. Key takeaways Bull Bitcoin filed a petition before the French Conseil d’État on February 24, 2026, to annul Decree No. 2025-1276, the French implementing measure for DAC8. DAC8 requires crypto service providers to collect user identity and transaction data and report it automatically to national tax authorities, with first reports due by September 30, 2027. France recorded 41 crypto-related kidnappings since the start of 2026 and 19 confirmed wrench attacks in

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.