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Anthony Pompliano’s blank-check firm, Procap Acquisition Corp., has filed with the U.S. Securities and Exchange Commission (SEC) to raise $200 million in an initial public offering (IPO). Pompliano-Led ProCap to Hunt for Fintech Targets With $200M War Chest Procap Acquisition Corp., incorporated in the Cayman Islands and led by Anthony Pompliano as chief executive officer, … Read more
Mocaverse (MOCA) is garnering more attention, and for good reason. On-chain data has revealed that Galaxy Digital, a well-known crypto financial services firm, has been very active in the MOCA token ecosystem. They’ve been doing some interesting things and giving us some serious “market maker” vibes. In light of that, the Moca Network team put … Read more
LayerEdge—a nascent power in blockchain infrastructure—has achieved a much-awaited milestone: its Proof of Humanity campaign. More than 500,000 users participated in the campaign, which has generated over a million attestations. This development is the latest in a series of rapid technical advancements by the team that’s building LayerEdge. And it’s all leading to the imminent … Read more
A previously dormant wallet that is associated with the Uniswap protocol has suddenly come back to life, moving a staggering 9 million UNI tokens, worth around $47.5 million, into Coinbase Prime. This transfer, which marks the first activity in this particular wallet in over 4.5 years, has sent ripples through the crypto community. And rightfully … Read more
A Federal Reserve survey naming the trade war and U.S. debt as the economy’s top threats has prompted veteran investor Clem Chambers to warn of an overlooked supply-chain squeeze that could jolt markets. Inflation Time Bomb: Fed Printing Could Send Prices Soaring, Says Chambers Chambers, chief executive of Online Blockchain, told Kitco News Anchor Jeremy … Read more
On April 12—just over two weeks prior—expectations surrounding a potential cut to the federal funds rate were in flux, with markets assigning a 39.8% probability that the U.S. Federal Reserve would lower the rate by 25 basis points. Fast forward to seven days ahead of the next Federal Open Market Committee (FOMC) gathering, and that … Read more
Earlier today, an on-chain movement of 1.5 million UNI tokens—valued at approximately $8.12 million—was observed. This transfer was not from any old crypto wallet to another but from a venture capital firm in the crypto world to an upstart in the decentralized finance (DeFi) scene. And even better, this movement of tokens is perfectly in … Read more
In a possibly substantial change for the cryptocurrency market’s sentiment, on the Binance exchange, spot buying volume has for the first time in more than six months outpaced spot selling volume. This trend reversal, if it holds, could be a signal for a turn in the broader digital asset market, given that Binance is the … Read more
The business intelligence firm MicroStrategy, transformed into a Bitcoin powerhouse, has once again made headlines with a huge Bitcoin acquisition. Once again, under the direction of Executive Chairman Michael Saylor, the company purchased a large tranche of Bitcoin—15,355 BTC, to be exact—last week, at an average price of $92,737. So, once again, the company’s status … Read more
Canada’s Conservative party leader Pierre Poilievre was poised to win the election by a landslide, until U.S. President Donald Trump threatened to annex the country. Mark Carney Assumes Power After Trump Took Center Stage in Canada’s Federal Election Mark Carney, the shadowy former governor of Canada’s central bank, was elected as Prime Minister on Monday … Read more