$BTC

Anthony Pompliano to launch $750 million Bitcoin-buying SPAC

Crypto entrepreneur Pompliano is reportedly preparing to lead ProCapBTC, a SPAC merging with Columbus Circle Capital 1, aiming to raise $750 million for bulk BTC purchases .

U.S. crypto miners deliver stellar Q1 results

According to JPMorgan, the first quarter of 2025 was one of the most profitable ever for U.S.-listed bitcoin mining firms—MARA topped in mined volume, while IREN recorded the highest gross profit .

Bitcoin dips amid geopolitical instability

BTC dropped below $103,000 on June 13, pulled down by global risk-off sentiment following Israel’s strike on Iran. Gold climbed as investors sought safety .

Retail giants eyed stablecoins

Amazon and Walmart are reportedly exploring issuing their own stablecoins to bypass credit card fees and potentially integrate with U.S. stablecoin legislation currently under Senate review .

Companies piling into Bitcoin treasuries

Firms like Brazil’s Meliuz—raising ~$32 million—and larger entities such as MicroStrategy and Japan’s Metaplanet are aggressively purchasing BTC to hold in their corporate reserves .

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🔍 Market Insight

Macro-convergence: stocks, gold, and BTC rally

U.S. stocks, gold, and bitcoin are all nearing record highs—a rare alignment driven by a weaker U.S. dollar (down ~9 % in 2025) and supportive policy tone under President Trump's administration .

Geopolitics challenging BTC's "safe-haven" narrative

The June 13 sell-off, however, highlighted that Bitcoin still behaves like a risk asset in times of crisis, undermining views that it might be a digital gold .