Entrepreneur and investor Anthony Pompliano stated Tuesday that his newly launched Bitcoin (CRYPTO: BTC) treasury company designed a unique structure that allows it to buy the leading cryptocurrency immediately after raising funds.
Leading cryptocurrencies moved further up on Tuesday as investors hoped the ceasefire between Iran and Israel would hold and help calm geopolitical tensions
According to Anthony Pompliano’s post on X, the deal for ProCap BTC includes more than $750 million in capital raised, which he claims is the largest initial fundraise in history for a publicly traded Bitcoin treasury company.
On Monday, Cathie Wood-led Ark Invest made significant trades involving Circle Internet Group Inc. (NYSE:CRCL), Robinhood Markets Inc. (NASDAQ:HOOD), Advanced Micro Devices Inc. (NASDAQ:<
Crypto trader and analyst Cheds has issued a warning to traders calling for a Bitcoin (CRYPTO: BTC) market top, arguing that the flagship cryptocurrency is still in a stage one uptrend.
The cryptocurrency market is showing weakness at the start of the week, as geopolitical fears intensify with the U.S. stepping deeper into the Iran-Israel conflict.
Digital asset investment products defied global turbulence last week, raking in $1.24 billion in fresh inflows—marking a tenth straight week of gains—even as crypto prices dipped and geopolitical tensions surged.
In the wake of escalating global tensions and US-Iran conflict, the cryptocurrency market has taken a significant hit. What Happened: Cryptocurrency Bitcoin (CRYPTO: BTC) has dipped below the $100,000 mark, while XRP and Dogecoin have plunged to their lowest in two months.
The crypto market remains stable with a bullish undertone, driven by continued institutional accumulation, strategic Bitcoin reserve initiatives from the U.S. and El Salvador, and the impact of an upcoming Bitcoin options expiry, which is providing upward price pressure.
Iranian cryptocurrency exchange, Nobitex, was hacked for nearly $90 million on Wednesday, with an Israel-linked group claiming responsibility for the cyberattack.
Leading cryptocurrencies moved sideways Wednesday as Federal Reserve Chair Jerome Powell signaled slower growth and hotter inflation after the central bank left interest rates unchanged.
The cryptocurrency market is trading relatively flat on Wednesday, with Bitcoin reclaiming the $104,000 level. Sentiment remains cautious amid rising geopolitical tensions.
