Bullish’s Equiniti deal could remake it into a tokenization powerhouse, Clear Street says
Bullish surged 11% after agreeing to acquire transfer agent Equiniti for $4.2 billion, positioning itself as a tokenization infrastructure player. The deal grants Bullish access to 3,000 public companies and regulated frameworks needed to mainstream blockchain-based securities trading. Clear Street maintained a Buy rating, citing improved earnings from recurring fees, while competitors race to modernize market infrastructure.
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Colombia wants to mine bitcoin with surplus renewable energy
Colombia's President Petro proposes using the Caribbean coast's surplus renewable energy for bitcoin mining, targeting cities like Barranquilla and Santa Marta. The plan mirrors Paraguay's successful model, which now commands 4.3% global hashrate. Petro suggests Indigenous Wayúu community co-ownership. As U.S. miners pivot toward AI, emerging nations with cheap clean power gain competitive advantage in bitcoin mining.
Zcash bets turn into second-largest liquidations behind bitcoin as ZEC rockets 30%
Zcash surged 30% to $543 Tuesday after Multicoin Capital disclosed a major ZEC position, triggering $62 million in futures liquidations—second-highest behind Bitcoin. The privacy coin's appeal stems from growing government scrutiny of crypto holdings, with 30% of ZEC now in shielded addresses, a record level suggesting real adoption rather than speculation. ZEC trades up 1,400% year-to-date.