📰 Top Crypto News Headlines

1. Anthony Pompliano to launch Bitcoin vehicle

Crypto influencer Pompliano is set to become CEO of ProCapBTC, a publicly-traded SPAC aiming to raise $750 million to buy Bitcoin—echoing strategies by Michael Saylor’s firm. The deal may surface as soon as next week .

2. **Crypto IPO wave gains momentum in U.S.**

Circle's stock tripled post-IPO, and Gemini has filed confidentially, signaling a surge in crypto-related public listings. Expect companies like Kraken, Ripple, and OpenSea to follow amid new regulatory clarity .

3. Market rally: +10% in May, BTC near record $112K

Binance Research reports a 10.3% uptick in crypto last month; Bitcoin is approaching $112K, supported by rising institutional and corporate treasury participation .

4. Stablecoin arms race: Societe GĂ©nĂ©rale enters the fray

French banking giant to launch "USD CoinVertible," a dollar‑pegged stablecoin on Ethereum & Solana, with BNY Mellon custodianship. Set to trade in July .

5. Coinbase ramps up political muscle

Coinbase adds influential strategist David Plouffe to its advisory board, reflecting crypto's growing bipartisan sway in Washington .

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🔍 Market Context & Analysis

Macroeconomic tailwinds: U.S. policy shifts—like the GENIUS Act and executive actions—are boosting crypto sentiment and fueling IPO filings and business adoption .

Institutional adoption: Rising corporate holdings and stablecoin innovation show deeper infrastructure, beyond retail hype .

Volatility reminder: Despite gains, bitcoin dropped $108K–$103K intraday), Ethereum down ~9%, so risk remains .

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📌 What to Watch Next

Approvals or launch of ProCapBTC.

IPO movements from Gemini, Kraken and others.

Institutional stablecoin progress, especially from banks.

New regulatory bills like the GENIUS Act.