By Emir Abyazov Anthony Pompliano has made a massive $386 million Bitcoin purchase. His firm, ProCap, purchased 3,724 Bitcoins just days after announcing plans to become a public company this year. Anthony Pompliano’s ProCap BTC, LLC Buys 3,724 Bitcoin. Source: Globenewswire The average purchase price was $103,785 per Bitcoin. By the time the deal was […]
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By Marco Piccolo Crypto investor and entrepreneur Anthony Pompliano has unveiled a landmark $1 billion merger to take his bitcoin-native financial platform, ProCap Financial, public via a special purpose acquisition company (SPAC). The deal, announced Monday, involves a merger with Columbus Circle Capital Corp. I (CCCM), a blank-check company backed by an affiliate of Cohen […]
By Emir Abyazov The U.S. Senate has passed the GENIUS stablecoin bill—the document is now headed to the House of Representatives. Source: congress.gov The vote was a victory for Tennessee Senator Bill Hagerty, who introduced the bill about six weeks ago. The GENIUS Act—short for “Guiding and Establishing National Innovation for US Stablecoins”—could dramatically change […]