Twenty One Capital surges after Tether proposes 3-way merger

Tether has proposed combining Jack Maller’s Twenty One Capital (XXI) with his other company, Strike, as well as Elektron Energy into a single public company spanning bitcoin treasury, mining, financial services, and lending. The deal would pair Mallers' consumer bitcoin platform with Elektron Energy's mining operations, which control roughly 5% of the bitcoin network's computing power. XXI shares jumped 8% on the news, though no merger timeline or terms were disclosed. Read more →

Meta has quietly relaunched stablecoin payments, four years after its initial Libra project failed. Select creators in Colombia and the Philippines can now receive payouts in USDC via the Solana and Polygon blockchains. Meta is partnering with Stripe for tax reporting but will not handle currency conversion. This move aligns with a broader trend of major tech companies integrating stablecoins, spurred by a more favorable regulatory environment and the 2025 GENIUS Act. Read more →

Bitcoin 2026 was supposed to deliver a flurry of bullish headlines. Instead, BTC slipped about 4% during the Las Vegas conference while one of crypto’s least-loved corners suddenly caught a bid – old Ethereum NFT collections. Bored Apes, Mutant Apes, Pudgy Penguins, etc. all rallied over the past week. The easy joke is that Ethereum cartoons outperformed Bitcoin during Bitcoin’s own biggest event. The more honest caveat is that NFT markets are tiny and still miles below their 2021–2022 highs, so percentage moves can look dramatic without much real money changing hands. Still, this story captures the current market pretty well – plenty of big-stage crypto narratives (renewed Strategic Reserve chatter, Clarity Act hopes, more PubCo announcements)… and not a whole lot to show for it. Read more →

📥️ Want to advertise in CoinSnacks? Learn More