Special purpose acquisition company (SPAC) Columbus Circle Capital (BRR) and ProCap BTC – led by Anthony Pompliano and having raised more than $750 million to create a Bitcoin treasury company – closed their merger Friday evening. The combined company has been renamed ProCap Financial and will begin trading on Nasdaq on Monday under the symbol […]
BRR SPAC deal closes Friday Read More »
Major French banking group BPCE is expected to begin offering cryptocurrency trading services to retail customers from Monday via its Banque Populaire and Caisse d’Épargne applications. Customers of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, will be able to buy and sell bitcoin BTC$89,689.06ether ETH$3,053.74Solana GROUND$133.00and USDC directly through their
French banking giant BPCE to roll out crypto trading for 2 million individual customers Read More »
Two long-dormant Bitcoin wallets linked to physical Casascius coins have moved a total of 2,000 BTC, worth around $180 million after more than a decade of inactivity. The coins had not been touched since 2011 and 2012, when bitcoin was trading at less than $15, compared to a current price of just under $90,000. The
Two Casascius coins containing 2,000 BTC moved after 13 years of inactivity Read More »
Over a fairly long period of time, all long-term bitcoin valuation models were eventually broken, but the one that maintained the strongest narrative of this cycle was the power law model. Historically, in previous cycles, bitcoin has tended to exceed this pattern during bull markets and fall below it during bear markets, but in the
Is Bitcoin about to break its last surviving valuation pattern? Read More »
Coinbase Institutional said crypto markets could be poised for a recovery in December, citing improving liquidity and a change in macroeconomic conditions that could favor risky assets like bitcoin. BTC$89,918.68. In a market note shared on Dec. 6, the firm highlighted the growing likelihood of a Federal Reserve rate cut next week, now rated at
Crypto tailwinds within reach: Coinbase Read More »
In a perfect world, the Internet works like tap water: you turn it on and it flows freely. In complete transparency. No one really wants to think about a “best connection point,” SIM cards, or the nearest cell towers. Users simply want a fast and stable connection no matter where they are. The good news
When your mother can use DePIN, mass adoption has arrived Read More »
Over the past few years, stablecoins have been defined by a narrow reality: essentially a two-horse race between Tether’s USDT and Circle’s USDC (CRCL), with the bulk of activity focused on crypto-native exchanges. What comes next looks significantly different, Alchemy co-founder and president Joe Lau told CoinDesk in an interview. The near-term trajectory of stablecoins
Stablecoin adoption is “exploding.” Here’s what’s next for this hot sector Read More »
LUNCH$0.0₄6315the renowned token from the collapsed Terra ecosystem, posted one of the biggest gains in the crypto market over the past 24 hours, surging over 74% to $0.0000072 on the back of exploding trading volume. The token is up over 160% in the past week. The rally comes ahead of the Dec. 11 sentencing of
LUNC surges over 160% in a week as Kwon conviction and token burns attract traders Read More »
XRP slipped towards the $2 mark on Friday morning as social sentiment around the token sharply deteriorated, with new data from analytics firm Santiment showing the deepest run of bearish commentary since October. The change in public sentiment comes after a two-month decline of around 31%, leaving the token vulnerable to further decline if risk
Ripple Token Faces Downside as Social Sentiment Turns Extremely Negative Read More »
The Bank of Japan is preparing to raise interest rates at its December policy meeting, a move that would take the country’s benchmark rate to its highest level since 1995 and could ripple through global risk markets including crypto. People familiar with the matter told Bloomberg that policymakers were leaning toward a 25 basis point
Japan places BTC in the crosshairs of a yen unwind Read More »
