Bitcoin Tops $105K | XRP Surges 10% | ProCap's $1B BTC Bet
Good Tuesday from the crypto frontier!
The market is buzzing:
📈 Bitcoin hits $105,000
📊 Ethereum up 7%, XRP jumps 10% (thanks to a cofounder comeback)
Sei leads altcoin gains at +40%
What’s fueling this run?
Cooling global tensions (Israel-Iran)
Fed officials hinting at July rate cuts
Wall Street warming up to crypto
But the biggest move?
Anthony “Pomp” Pompliano's ProCap aims to become the largest bitcoin treasury firm, merging with Columbus Circle Capital SPAC.
💼 Raised: $550M equity + $225M in notes
📉 Strategy: Deploy BTC across yield-bearing strategies
🏦 Backers: Citadel, Pantera, Blockchain.com, Susquehanna, and more
Pomp's message is loud and clear:
> “The legacy financial system is being disrupted by bitcoin.”
Meanwhile, Texas could soon become the first U.S. state to officially hold bitcoin. Regulatory winds are shifting too—Fed removes "reputational risk" red tape, easing bank access to crypto clients.
⚠️ On the flip side:
CoinMarketCap suffered a hack—76 accounts compromised. Stay vigilant when connecting wallets.
The message is clear:
Crypto isn’t just surviving—it’s evolving, institutionalizing, and thriving.
Let’s keep an eye on how this “bitcoin treasury wave” plays out
#BinanceAlphaAlert #MarketRebound #NEWTBinanceHODLer #IsraelIranConflict #BinanceTGEXNY