FastNews
Anthony Pompliano’s ProCap to Go Public in $1B Bitcoin Treasury SPAC Deal
ProCap Financial will hold Up to $1B in BTC and monetize holdings through yield strategies.
GameStop Purchases Over $500M Worth of Bitcoin
GameStop announced the purchase on X on Wednesday but did not offer further details about when the BTC were acquired or the price paid.
Bitcoin Spot ETFs Pull in $5.77B in May, Their Best Performance Since November
Bitcoin's spot price recently reached record highs above $110,000.
Meta Is Looking to Enter Red-Hot Stablecoin Market: Fortune
The tech giant reportedly also hired a vice president of product with crypto experience to help with the stablecoin efforts.
Movement Token Slumps 14% as Coinbase Suspends Trading
Movement's MOVE token is now in "limit-only mode" on the trading platform.
Ripple Offered $4B-$5B for Stablecoin Issuer Circle: Bloomberg
The offer was rejected as too low, according to the story.
Securitize Acquires MG Stover's Unit to Become Largest Digital Asset Fund Administrator
The deal expands Securitize Fund Services' offerings and brings its assets under administration to over $38 billion across 715 funds, the company said.
Fed 'Absolutely Prepared' to Step Into Markets: Boston Fed President Collins
Bitcoin and U.S. stocks added to earlier gains following Collins' comments in an interview with the FT.
China Reportedly Discussing Front Loading Stimulus to Counter Trump Tariffs
Beijing is considering advancing monetary stimulus to mitigate the effects of President Trump's tariffs on the Chinese economy.
Trump Threatens Bigger Tariffs on EU, Canada 'if They Work to Harm U.S.'
President Donald Trump warned he'll impose larger import tariffs on the European Union and Canada if they collaborate to harm the U.S. economy.
