Bitcoin Tops $105K | XRP Surges 10% | ProCap's $1B BTC Bet
Good Tuesday from the crypto frontier!
The market is buzzing:
š Bitcoin hits $105,000
š Ethereum up 7%, XRP jumps 10% (thanks to a cofounder comeback)
Sei leads altcoin gains at +40%
Whatās 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 āPompā Pompliano's ProCap aims to become the largest bitcoin treasury firm, merging with Columbus Circle Capital SPAC.
š¼ Raised: $550M equity + $225M in notes
š Strategy: Deploy BTC across yield-bearing strategies
š¦ Backers: Citadel, Pantera, Blockchain.com, Susquehanna, and more
Pomp's message is loud and clear:
> āThe legacy financial system is being disrupted by bitcoin.ā
Meanwhile, Texas could soon become the first U.S. state to officially hold bitcoin. Regulatory winds are shifting tooāFed removes "reputational risk" red tape, easing bank access to crypto clients.
ā ļø On the flip side:
CoinMarketCap suffered a hackā76 accounts compromised. Stay vigilant when connecting wallets.
The message is clear:
Crypto isnāt just survivingāitās evolving, institutionalizing, and thriving.
Letās keep an eye on how this ābitcoin treasury waveā plays out
#BinanceAlphaAlert #MarketRebound #NEWTBinanceHODLer #IsraelIranConflict #BinanceTGEXNY