The latest minting spree reflects intensified crypto market activity as Bitcoin reaches a new all-time high.
Oluwapelumi Adejumo 2 min read 
Trump brokers GOP truce to save 'Crypto Week' and secure progress on digital asset bills.
Separately, Coinbase is backing federal political efforts through Fairshake, contributing $25 million to mid-terms.
GameStop CEO emphasizes capital discipline with strategic Bitcoin hedging, not crypto expansion.
Combined with the Twenty One Capital SPAC, Cantor could accumulate nearly $10 billion in Bitcoin this year.
Critics says Fairshake is using its funding announcement to pressure Congress during pivotal 'Crypto Week.'
Both funds track futures contracts rather than holding the underlying tokens, mirroring the structure ProShares uses for its Bitcoin and Ethereum offerings.
Despite the rejection, a second vote on the proposals might happen later today.
Jamie Dimon framed the decision as defensive, as fintech companies already design products that mimic checking accounts, payments networks, and loyalty platforms.
