ProCap Anthony Pompliano recently shared an update on its progress and valuation metrics. ProCap has signed a $1 billion business combination agreement with Columbus Circle Capital Corp 1 (CCCM). As part of the deal, ProCap has raised over $750 million and has used more than $500 million to buy out bitcoin worth $108,564.58, resulting in a treasury of 4,950 BTC. This makes ProCap the 13th largest public holder of bitcoin in the world.
The data and analysis presented by Pompliano comes directly from ProCap and refers to the implied mNAV premium (implied multiple Net Asset Value). According to P

Matrixport: Ethereum Price Remains Strong Despite Fundamentals Not Recovering
It is emphasized that ETH prices have been steadily increasing rather than decreasing, although on-chain gas fee activity is still at a low level and overall network interest has not fully recovered.
Matrixport noted that there are several structural factors behind this price resilience:
- Increased Demand from Companies
It is noted that many institutional investors have started adding Ethereum to their portfolios, positioning it as "digital gold". This trend is believed to be an indication of the increasing acceptan

Share content from Moments to earn commissions easily!https://www.gate.com/profile/zynxa?ref=VGVHBAXXBA&ref_type=105

Elon Musk confirmed on Sunday that the 'America Party' he proposed, an alternative to the Democratic-Republican duopoly, will adopt Bitcoin. #BTC # #Elon musk#
Musk made the statement in response to a user question on X about whether the 'America Party' would accept Bitcoin. He expressed approval and stated skepticism towards the fiat currency.
Elon Musk announced the formation of the 'America Party' on Saturday in response to the recent enforcement of a $3.3 trillion spending law by Donald Trump, which Musk opposed. The announcement follows a public poll on X, which showed significant support