Amass – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Fri, 18 Jul 2025 05:41:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Amass – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 BitMine and SharpLink amass $1B stash amid Ethereum’s rising appeal as ‘digital oil’ https://earlybirdsinvest.com/bitmine-and-sharplink-amass-1b-stash-amid-ethereums-rising-appeal-as-digital-oil/ https://earlybirdsinvest.com/bitmine-and-sharplink-amass-1b-stash-amid-ethereums-rising-appeal-as-digital-oil/#respond Fri, 18 Jul 2025 05:41:19 +0000 https://earlybirdsinvest.com/bitmine-and-sharplink-amass-1b-stash-amid-ethereums-rising-appeal-as-digital-oil/

Ethereum-focused firms BitMine and SharpLink Gaming have each surpassed $1 billion in ETH holdings.

BitMine disclosed on July 17 that it now holds 300,657 ETH, valued at approximately $1.04 billion. The firm acquired its holdings at an average price of $3,461.89 per token.

Conversely, SharpLink Gaming has also expanded its Ethereum position, purchasing an additional $68.4 million worth of ETH.

Blockchain analysis platform Arkham Intelligence pointed out that this latest purchase, combined with ETH’s price appreciation, brings SharpLink’s total holdings to an estimated $1.10 billion, not including any staking rewards.

Meanwhile, separate data from the Strategic ETH Reserve places SharpLink’s wallet at 280,600 ETH, worth about $962.8 million at the time of the report.

Strategic Ethereum Reserve
Strategic Ethereum Reserve (Source: Strategic ETH Reserve)

According to Oblong Research, this wave of institutional purchases reflects a broader realization that Ethereum is not just a speculative asset but a foundational layer for the growing on-chain economy.

With roughly $237 billion in value secured on its network, ETH is increasingly viewed as “digital oil,”  a productive base asset that powers a wide range of decentralized applications.

Ethereum Capital Secured
Total Capital Secured on Ethereum (Source: Oblong Research)
]]> https://earlybirdsinvest.com/bitmine-and-sharplink-amass-1b-stash-amid-ethereums-rising-appeal-as-digital-oil/feed/ 0 48271 Cantor Fitzgerald SPAC nears $4B deal with Blockstream’s Adam Back to amass 30,000 Bitcoin https://earlybirdsinvest.com/cantor-fitzgerald-spac-nears-4b-deal-with-blockstreams-adam-back-to-amass-30000-bitcoin/ https://earlybirdsinvest.com/cantor-fitzgerald-spac-nears-4b-deal-with-blockstreams-adam-back-to-amass-30000-bitcoin/#respond Tue, 15 Jul 2025 22:26:55 +0000 https://earlybirdsinvest.com/cantor-fitzgerald-spac-nears-4b-deal-with-blockstreams-adam-back-to-amass-30000-bitcoin/

Cantor Fitzgerald’s blank‑cheque affiliate is in late‑stage talks to acquire more than $3 billion in Bitcoin (BTC) from Adam Back’s Blockstream Capital through a transaction that could exceed $4 billion, the Financial Times reported on July 15. 

Cantor Equity Partners 1, a special‑purpose acquisition company that raised $200 million in a January IPO, would issue new shares to Back in exchange for as much as 30,000 BTC. The amount represents approximately $3 billion at current prices.

Furthermore, the firm intends to seek up to $800 million in additional outside capital for further Bitcoin purchases. Upon completion of the transaction, the vehicle will be renamed BSTR Holdings.

Deal details

If completed, the deal would mirror a $3.6 billion Bitcoin buying venture, Twenty One Capital, that Cantor Fitzgerald’s Brandon Lutnick set up with SoftBank and Tether in April.

Combined, the two SPACs could accumulate nearly $10 billion in Bitcoin this year, positioning Cantor as one of the most active institutional buyers of the asset. 

Back is best known for inventing Hashcash and co-founding Blockstream in 2014. As part of the deal, Back will swap the contributed Bitcoin for equity in the public firm.

Blockstream Capital’s stake would rise alongside any subsequent purchases the SPAC finances with newly raised capital. Brandon Lutnick was named chair of Cantor Fitzgerald in February after his father, Howard Lutnick, became US Commerce Secretary.

Cantor’s move follows a playbook popularized by Strategy, whose Bitcoin treasury approach has prompted a wave of corporations and SPACs to raise equity or issue convertible bonds to buy BTC outright. 

Timing and regulatory backdrop

Negotiators aim to finalize terms as early as this week, placing the announcement in the midst of what Republican lawmakers have branded “Crypto Week,” during which the House is debating multiple digital asset bills. 

Cantor’s push also aligns with President Donald Trump’s deregulatory stance toward crypto markets, a shift that executives describe as conducive to large balance sheet allocations. 

The transaction would require shareholder approval and review by the Securities and Exchange Commission of updated disclosures detailing the Bitcoin contribution and capital raise. 

Should the SPAC complete its acquisition and subsequent fundraising, BSTR Holdings would emerge as one of the world’s largest listed holders of Bitcoin, trailing only Strategy and a handful of spot ETF trusts.

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]]> https://earlybirdsinvest.com/cantor-fitzgerald-spac-nears-4b-deal-with-blockstreams-adam-back-to-amass-30000-bitcoin/feed/ 0 47856 ADA Price Tests Key Resistance: Whale Investors Amass 410 Million Cardano in April https://earlybirdsinvest.com/ada-price-tests-key-resistance-whale-investors-amass-410-million-cardano-in-april/ https://earlybirdsinvest.com/ada-price-tests-key-resistance-whale-investors-amass-410-million-cardano-in-april/#respond Sun, 04 May 2025 20:43:29 +0000 https://earlybirdsinvest.com/ada-price-tests-key-resistance-whale-investors-amass-410-million-cardano-in-april/ Cardano (ADA) is once again in focus as new on-chain data reveals aggressive accumulation by whale investors throughout April. According to crypto analyst Ali, addresses holding large amounts of ADA snapped up over 410 million tokens during the month, taking advantage of the token’s price volatility.

Despite swings triggered by macroeconomic headlines and initial excitement around a crypto reserve initiative, ADA ended April with a 4.6% monthly gain.

The scale of accumulation indicates increased confidence in ADA’s mid-term trajectory, particularly from investors with long-term capital.

Such buying activity typically precedes structural price movement and reflects repositioning by entities prepared to absorb volatility without immediate liquidity needs.

Whale Takeaways:

  • 410 million ADA added to whale wallets in April
  • Price ranged from $0.6247 to $1.19 during the month
  • April closed with a 4.6% net price increase

Cardano Price Holds Crucial Support

ADA is currently trading around $0.6876, having recently dipped below its ascending trendline support. The 50-period Exponential Moving Average (EMA) now sits slightly overhead at $0.6966, capping bullish attempts. With the price hovering just beneath $0.70, Cardano is testing a zone that could define its short-term trajectory.

Momentum indicators are flashing warning signs. The MACD histogram has flipped red, and both signal lines have dropped below zero, pointing to potential weakness. However, support at $0.6704 remains intact—for now.

If bulls can push the price back above $0.70, ADA may reclaim its uptrend and retest resistance levels at $0.7268 and $0.7470. A rejection, on the other hand, could drive price action lower toward $0.6430.

Key Levels to Watch:

  • Immediate resistance: $0.7014
  • Upside targets: $0.7268 → $0.7470
  • Support levels: $0.6704 → $0.6430

Cardano Trade Outlook: Wait for Confirmation

For traders looking to capitalize on this setup, patience remains critical. A confirmed breakout above $0.7014 on rising volume would offer a compelling bullish entry, particularly if accompanied by a MACD crossover. Until then, the risk of false breakouts lingers.

Trade Setup:

  • Entry: Close above $0.7014
  • Target: $0.7268 → $0.7470
  • Stop Loss: Below $0.6700

Volume and momentum confirmation will be key signals to watch before entering.

With whale support behind the scenes and a potential structural breakout brewing, ADA could be positioning for a strong move—if bulls step up at the right time.

BTC Bull Token Crosses $5.28M as Flexible 78% Staking Yield Draws Investors

BTC Bull Token ($BTCBULL) is continuing its rapid ascent in the crypto presale landscape, crossing $5.32 million in USDT raised, edging closer to its $6.07 million hard cap. Priced at $0.002495, the token has drawn attention for its practical staking utility, positioning itself as more than a speculative meme coin.

As of now, only about $744,000 remains before the cap is reached—highlighting growing demand among retail and yield-seeking investors.

Utility-Driven Tokenomics Fuel Demand

Unlike typical meme tokens, BTCBULL blends crypto culture appeal with tangible staking rewards. Investors can currently earn an estimated 78% APY while keeping their tokens fully liquid—unstaking is allowed at any time without penalties or lockup periods.

This model has resonated with investors who seek yield without sacrificing access, especially in a volatile crypto environment.

Current Presale Stats:

  • USDT Raised: $5,320,201.23 of $6,070,369
  • Current Price: $0.002495 per BTCBULL
  • Staking Pool Total: 1,342,549,903 BTCBULL
  • Estimated Yield: 78% annually

With less than $750K left before the next milestone, the presale window is narrowing fast. For investors chasing high yields with exit flexibility, BTCBULL is becoming an increasingly compelling contender in the 2025 crypto cycle.

The post ADA Price Tests Key Resistance: Whale Investors Amass 410 Million Cardano in April appeared first on Cryptonews.

]]> https://earlybirdsinvest.com/ada-price-tests-key-resistance-whale-investors-amass-410-million-cardano-in-april/feed/ 0 34410 One Demographic Group Primed To Amass $74,000,000,000,000, Becoming Richest Generation in a Decade, Says US Bank https://earlybirdsinvest.com/one-demographic-group-primed-to-amass-74000000000000-becoming-richest-generation-in-a-decade-says-us-bank/ https://earlybirdsinvest.com/one-demographic-group-primed-to-amass-74000000000000-becoming-richest-generation-in-a-decade-says-us-bank/#respond Sat, 29 Mar 2025 20:36:45 +0000 https://earlybirdsinvest.com/one-demographic-group-primed-to-amass-74000000000000-becoming-richest-generation-in-a-decade-says-us-bank/

An emerging socio-demographic group is on course to become the most affluent generation by 2035, according to a new study by Bank of America’s research arm.

Bank of America Global Research says that Generation Z (those born roughly between 1997 to 2012) will become the “largest and richest generation by approximately 2035.” A large part of the growth in wealth will occur over the coming years. Between 2023 and 2040, Gen Z’s wealth is projected to skyrocket by around 720%, according to Bank of America.

“It looks like Generation Z (Gen Z) is on the cusp of making its mark on the global economy. Not only is this group expected to be the largest cohort of the global population over the next 10 years at approximately 30%, but their income is also expected to surge. In roughly the next five years, Gen Z will have globally amassed $36 trillion in income and that figure is expected to surge to $74 trillion by around 2040.2 Consider that in 2023 it was just $9 trillion.”

Within the Bank of America, credit and debit card data shows that growth in Gen Z’s spending per household is stronger than the overall population. And in general, Gen Z possesses “higher discretionary and necessity spending growth than the average consumer.”

“Beyond income levels, Gen Z could also see the largest increase in spending. By 2030, their global spending is expected to reach $12.6 trillion compared to $2.7 trillion as of 2024. Thus, it’s likely they will be among the most disruptive generations to economies, markets and social systems. Whether it’s due to changing diets or reduced alcohol consumption or saving and housing, Gen Z will redefine what it means to be a US consumer.”

While Bank of America says that Gen Zs are facing increasingly difficult labor market conditions, data shows that the emerging demographic group is witnessing higher wage growth compared to other generations.

“In fact, using Bank of America deposit account data, we found wage growth for Gen Z was up nearly 8% year-on-year in February – the most among all generations – and about twice as high as the overall median. Part of this is because Gen Z job seekers largely are entering the labor market for the first time compared to other generations.”

The economic prospects of Gen Z could be further by boosted by the Great Wealth Transfer, according to Bank of America.

“BofA Global Research has noted that a huge transfer of wealth is expected as Baby Boomers pass down assets to younger generations, meaning that Gen Z and Millennials are increasingly likely to be making key spending and saving decisions.”

The report on Gen Z’s wealth prospects was based on aggregated and anonymized transaction data from the Bank of America.

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