Here are our top ten news stories for today:
🔸 Texas has enacted the SB1498 bill, allowing the state to seize Bitcoin and digital assets related to certain criminal activities.
🔹 Circle's stock price has soared nearly 600% since its IPO, surpassing the market value of Coinbase and $USDC.
🔸 ZachXBT exposed a New York scammer who posed as support staff and tricked Coinbase users into using malicious seed phrases, stealing over $4 million from Coinbase users.
🔹 The Federal Reserve has officially removed the 'reputational risk' factor that penalized #Bitcoin and cryptocurrencies.
🔸 Anthony Pompliano announced a $1 billion merger to form ProCap Financial, a Bitcoin-native financial company, going public via the $CCCM SPAC, raising $750 million for $BTC finance and services.
🔹 Financial services giant Fiserv, valued at over $90 billion, will launch the $FIUSD stablecoin and digital asset platform by the end of the year, partnering with Circle, Paxos, and Solana to enable token payments between 10,000 banks and 6 million merchants.
🔸 Saylor's strategy includes increasing his holdings by 245 Bitcoin at a price of $105,800 per share, totaling $26 million, now holding 592,345 $BTC coins valued at $4.187 billion.
🔹 5G/IoT chip manufacturer Sequans announced a $384 million Bitcoin finance plan.