Anthony Pompliano is taking his bitcoin-native financial platform ProCap BTC public through a $1 billion merger with Columbus Circle Capital Corp. I (CCCM), a special-purpose acquisition company (SPAC) sponsored by an affiliate of Cohen & Company. The transaction, announced Monday, positions the new entity, ProCap Financial, Inc., as one of the largest bitcoin treasuries ever…
The cryptocurrency market continues to reflect broader economic uncertainties as NEAR Protocol demonstrates resilience amid significant volatility. After experiencing a sharp decline to $1.79, NEAR has established support at $1.83 with substantial buying interest, particularly during high-volume trading periods. The token’s recovery momentum has formed a clear uptrend channel with higher lows, suggesting renewed buyer…
Telecommunication company Sequans (NYSE:SQNS) has announced that it will raise $384 million to launch a bitcoin treasury, according to a press release. The company has agreed to issue and sell $195 million in equity securities and $189 million in convertible secured debentures. “Our bitcoin treasury strategy reflects our strong conviction in bitcoin as a premier…
XRP is showing strong resilience in the face of escalating global economic pressures, bouncing back from a steep correction to reclaim the key $2.00 support level. The token traded within a 6.5% range over the past 24 hours, bottoming out at $1.91 before climbing to a high of $2.04. A sharp V-shaped recovery pattern has…
Strategy (MSTR), the largest publicly listed company holding bitcoin BTC, has increased its holdings by an additional 245 BTC for $26 million. This latest acquisition brings Strategy’s total bitcoin holdings to 592,345 BTC worth nearly $60 billion at bitcoin current price of about $101,000. The company’s average purchase price for its entire bitcoin position now…
Norway’s Labour Party government has revealed plans to impose a temporary ban on any new crypto mining data centres that use energy‑heavy proof‑of‑work systems, per Reuters. The proposed rule could kick in Autumn 2025, if approved, and is aimed at preserving electricity capacity for more productive industries. “Cryptocurrency mining is very power-intensive and generates little…
Crypto exchange OKX is “considering” an initial public offering (IPO) with the U.S. as its preferred market, The Information reported on Sunday, citing an interview with the firm’s chief marketing officer. “We will absolutely consider an IPO in the future,” said Haider Rafique, chief marketing officer. “If we go public, it would likely be in…
FUNToken supply has been capped forever after the CertiK-certified contract finalisation. FUNToken’s gasless on-chain gaming is driving adoption and ecosystem expansion. The FUN price surge is backed by real utility, strong volume, and investor confidence. The price of FUNToken (FUN) has soared dramatically in recent days, prompting both excitement and speculation across the Web3 and…
Shiba Inu’s SHIB v-shaped price recovery from 16-month lows is characterized by a surge in trading volumes, according to CoinDesk’s AI research. The meme cryptocurrency has bounced to $0.0000$1080, having hit a low of $0.00001025 late Sunday. That was the lowest level since February 2024, according to data source TradingView. The bounce comes as bitcoin,…
Geopolitical tensions in the Middle East are reshaping the cryptocurrency landscape as military actions between the US, Israel, and Iran create market uncertainty. Despite the turbulence, ATOM has shown remarkable stability, recovering from a sharp 5.83% decline to establish strong support zones. Technical Analysis: ATOM’s Recovery Pattern ATOM-USD experienced a notable recovery pattern over 24…
