Anthony Pompliano is reportedly planning to launch a new Bitcoin-focused investment group, aiming to raise $750 million. The group, ProCapBTC, is set to merge with Columbus Circle Capital 1. Bitcoin prices dropped after Israel's airstrikes on Iran, causing a 2.8% decrease. President Trump discussed his crypto plans at Coinbase's State of Crypto Summit, emphasizing support for stablecoins. The Senate is set to vote on the GENIUS Act, a stablecoin bill, while the House considers the CLARITY Act for digital asset regulation. Pompliano noted historical trends where Bitcoin outperformed gold and oil after geopolitical events. The market saw a $427.84 million liquidation of long positions due to the recent price drop. Despite the current market conditions, analysts believe the crypto market's outperformance could change rapidly. Read more AI-generated news on: https://app.chaingpt.org/news