Anthony Pompliano was an early investor in Facebook, and has invested in over 300 private companies. Now, he’s seeking to cause a ruckus in the broader financial sector through ProCap BTC, his “bitcoin-native” financial services firm. ProCap BTC is currently in the process of merging with Columbus Circle Capital Corp....
Although Bitcoin may be a relatively new asset class, its volatility was in full display this weekend. It blasted past $101,000 after recovering from overnight losses that had stemmed from increasing conflict in the Middle East. The cryptocurrency recovered late Sunday. Once the market’s immediate shocked reaction to these events...
Bitcoin has been hit hard over the weekend, dropping below the $99,000 threshold to its lowest price since late last month. Making matters worse, the dip landed right when tensions in the Middle East flared dangerously. This along with inflation fears coming back into play caused a massive selloff across...
The cryptocurrency market experienced a significant downturn as geopolitical tensions in the Middle East and looming economic decisions triggered a wave of selling. Bitcoin briefly dropped below the $60,000 mark, and Ethereum, XRP and other major cryptocurrencies tanked. The total market capitalization of all cryptocurrencies has lost over $250 billion...
Related Semler Scientific hires Joe Burnett as director of bitcoin strategy He is widely recognized as a leader within the Bitcoin and traditional financial markets. This move underscores Semler Scientific's commitment to expanding its Bitcoin treasury and leveraging Burnett's expertise in monetary policy, markets, and Bitcoin. Burnett’s prior experience includes...
A hacking group named Gonjeshke Darande, or “Predatory Sparrow” in Farsi, recently took credit for a successful cyberattack. Their aim was directed at Nobitex, Iran’s biggest cryptocurrency exchange. The group obnoxiously and braggingly asserted that it hacked $90 million+. They funneled most of the money to addresses that included language...
Bitcoin very clearly set a new floor at $100K, indicating that the market is moving in a new direction. Some analysts are already treating this level as the final bottom for the cryptocurrency, hinting that a new floor has been formed.That $100k level, once a point of resistance, has quickly...
Long term holders continue to stack Bitcoin at record pace increasing the sell side pressure on Bitcoin’s circulating supply. This is happening more quickly than new coins are being created. To date, 17% of all Bitcoin is deemed illiquid, and that number will grow to more than 25% in the...
Bitcoin got battered, crashing to $103,500. Traders were reducing their risk tolerance ahead of the Federal Open Market Committee’s (FOMC) meeting announcement. The decision came in the context of rising geopolitical tensions, especially with the Israel-Iran conflict. This positive disposition contributed to risk-off sentiment across the entire market.Bitcoin’s price action...
Michael Saylor, co-founder of software giant MicroStrategy, has given early warning of an imminent Bitcoin buy by the firm. The announcement comes as global financial markets prepare for unprecedented chaos following the invasion of Israel by Iran and its proxies.Saylor's hint, delivered via a Bitcoin chart posted on Monday, suggests...
