Day: June 24, 2025

a new turn in the Democrats battle v Trump’s cryptocurrency business?

Sen. Adam Schiff from the Democratic Party introduced a new bill, the COIN Act, aimed at blocking U.S. Presidents and their families from promoting or launching cryptocurrency ventures. Why did Democrats come up with a new bill, and what is at stake for Donald Trump?  The new act The full name of the bill introduced by Adam Schiff is Curbing Officials’ Income and Nondisclosure Act. The new act is not explicitly aimed at ruining Trump’s cryptocurrency business. Rather, it bans all the sitting presidents, vice presidents, and their immediate family…

Grayscale Launches SXT Trust: Microsoft-Backed Protocol Enters Institutional Markets

Key Notes The Microsoft-backed protocol delivers real-time verifiable data for smart contracts and AI applications through decentralized infrastructure. SXT token broke above its descending channel pattern with RSI reaching overbought levels near $0.0752. Grayscale’s trust provides regulated access for accredited investors to participate in Web3’s data infrastructure evolution. Grayscale has launched a new investment trust targeting Space and Time’s SXT token, bringing decentralized data compute into the spotlight as AI and blockchain converge. The launch marks a notable shift in digital infrastructure investments, bringing together decentralized data compute and legacy…

Taker Buy Volume Spikes Sharply

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is trading above the $105,000 level after a sharp rebound triggered by the announcement of a ceasefire between Israel and Iran. The geopolitical relief provided a strong tailwind for risk assets, and BTC responded with…

Home Bitcoin Mining Just Got Easy with this Miner!

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Mastercard Partners with Chainlink to Bring 3B Users to On-Chain Crypto Trading

Key Notes The collaboration connects traditional payment networks with blockchain infrastructure using multiple service providers. LINK token surged 4% following the announcement, breaking above $12 and testing key resistance levels. This partnership represents growing institutional adoption of DeFi and bridges traditional finance with decentralized commerce. A new partnership between Mastercard and Chainlink could mark a significant shift in on-chain commerce adoption. The two firms announced a multi-part integration that will enable Mastercard’s 3 billion cardholders to directly purchase cryptocurrencies on-chain. Mastercard Connects Cardholders to DeFi Through Chainlink According to the…

Ex-CFTC Chair Warns Of Conflicts Of Interest As Senate Weighs Market Structure

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On Tuesday, the US Senate Banking Committee’s digital assets subcommittee is scheduled to hear testimony from former regulators and industry leaders in consideration of legislation to establish a digital asset market structure framework. In prepared testimony for the Tuesday hearing, former Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam said the regulator’s “current trajectory [was] not sustainable” without addressing gaps for cryptocurrencies. He suggested that lawmakers consider market structure requirements focusing on “customer protections, avoidance of conflicts of interest, and market resiliency.” “[…] I do not believe public interest for…

Anthony Pompliano’s ProCap goes full HODL mode with $387m Bitcoin splash

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Anthony Pompliano didn’t wait for the ink to dry. Just one day after announcing a $1 billion SPAC deal, ProCap scooped up 3,724 Bitcoin, locking in exposure for investors before markets could blink. According to a June 24 press release, Anthony Pompliano’s ProCap BTC, LLC purchased 3,724 Bitcoins (BTC) at a time-weighted average price of $103,785 per BTC on Tuesday, less than 24 hours after announcing its $1 billion SPAC merger with Columbus Circle Capital Corp. The aggressive initial purchase, worth roughly $387 million, was funded directly from a $750…

Pompliano’s ProCap Buys 3,724 BTC After Raising $750M War Chest

ProCap BTC, a cryptocurrency financial services firm founded by investor Anthony Pompliano, wasted no time putting new money to work. Less than 24 hours after revealing a $1 billion merger with Columbus Circle Capital Corp. (CCCM) and a separate $775 million capital raise, the firm snapped up 3,724 bitcoin at a time-weighted average price of $103,785 per coin. The purchase kicks off a treasury program that could swell to $1 billion in bitcoin once the SPAC transaction closes and the combined company, to be called ProCap Financial, lists on Nasdaq.…