[Bitpush Daily News Highlights] Trump announced that Israel and Iran have fully agreed to a comprehensive ceasefire, and Bitcoin broke through $106,000 in the short term; several former hedge fund executives plan to raise $100 million to build BNB positions and create BNB Financial Strategy Company; Anthony Pompliano announced a $1 billion merger to establish ProCap Financial, intending to create a Bitcoin native financial platform

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Bitpush Editor's Daily Selected Web3 News:

Trump Announces Israel and Iran Have Fully Agreed to Comprehensive Ceasefire, Bitcoin Breaks Through $106,000 in Short Term

US President Trump stated on Truth Social that Israel and Iran have fully reached an agreement and will have a complete and thorough ceasefire. (Starting from now in about 6 hours, when Israel and Iran have ended and completed their ongoing final tasks!) After 12 hours, the war will be considered over. Iran will initiate the ceasefire first, and after the 12th hour, Israel will begin its ceasefire, and 24 hours later, the world will pay tribute to the official end of this 12-day war. During each ceasefire period, both sides will maintain peace and respect.

Market data shows that after the announcement, international crude oil dropped 9% overnight, and Bitcoin rose to $106,000 per coin, up 4.99% intraday.

【Reuters/Ipsos Poll: Trump's Support Rate Drops to Lowest in Office After US Airstrike on Iran】

According to the Reuters/Ipsos poll: Most Americans are worried about escalation after the US airstrike on Iran. About 79% of those surveyed said they were concerned that "Iran might target US civilians in response to the US airstrike". About 84% said they were generally worried about the escalating conflict. This poll of 1,139 adults nationwide showed serious divisions within the US on what Washington should do next, also highlighting the political risks Trump faces. Trump's support rate dropped to 41%, the lowest since he took office in January this year. The survey's margin of error is 3 percentage points.

【Multiple Former Hedge Fund Executives Plan to Raise $100 Million to Build BNB Position, Create BNB Treasury Strategy Company】

Three former Coral Capital Holdings executives Patrick Horsman, Joshua Kruger, and Johnathan Pasch are advancing a plan to raise $100 million, intending to acquire and hold BNB tokens through a Nasdaq-listed company they control.

Sources revealed that the company will be renamed Build & Build Corporation after fundraising is complete and will formally begin establishing a Treasury centered on BNB. If successful, it will become the first listed company with BNB as its core reserve asset.

This move is considered another evolution of "crypto treasury" operations following Michael Saylor's Strategy's approach of using Bitcoin as a company treasury. In recent years, multiple institutions including Tether, SoftBank Group, Trump's social media company, and others have followed crypto asset holding plans, with some companies shifting to non-Bitcoin mainstream tokens like Ethereum and Solana.

【Anthony Pompliano Announces $1 Billion Merger to Establish ProCap Financial, Aiming to Build Bitcoin-Native Financial Platform】

American investor and entrepreneur Anthony Pompliano today announced that Bitcoin-native financial services company ProCap BTC, LLC has reached a final business merger agreement with Columbus Circle Capital Corp. I (Nasdaq stock code: CCCM), a SPAC initiated by a subsidiary of Cohen & Company, Inc.

After the proposed business merger is completed, the merged company will operate under the name ProCap Financial, Inc., with Bitcoin assets on its balance sheet valued at $1 billion. The entities in the proposed transaction have raised $516.5 million through equity financing and issued $235 million in convertible bonds, the largest initial financing in the history of listed Bitcoin financial companies.

Leading institutions and Bitcoin-native investors participating in this financing transaction include Magnetar Capital, Woodline Partners LP, Anson Funds, RK Capital, Off the Chain Capital, Parafi, Blockchain.com, Arrington Capital, BSQ Capital Partners, and FalconX. Industry veterans such as Mark Yusko, Jason Williams, Eric Semler, Tony Guoga, and Matteo Franceschetti are also involved.

ProCap Financial aims to become a leading financial services company at the intersection of Bitcoin and traditional finance. ProCap Financial plans to create income and profits through multiple strategies using its Bitcoin asset balance sheet.

ProCap Financial will be led by Anthony Pompliano, who has invested in over 300 private companies and is one of the global leaders in the Bitcoin field.

【Crypto Venture Capital Fund Frachtis Completes $20 Million Fundraising】

According to The Block, the former Chorus One management team has established a new crypto venture capital fund, Frachtis, focusing on the intersection of blockchain and artificial intelligence, and has completed $20 million in fundraising.

Frachtis will invest in decentralized infrastructure, middleware, and consumer-grade applications, and has already deployed eight projects including Hyve, Turtle.Club, and Bless network. The fund's limited partners include Chorus One, cyber•Fund, RockawayX, and Theta Blockchain Ventures.

【Listed Automotive Design Company ECD Receives $500 Million Equity Financing to Establish Bitcoin Reserve】

ECD Automotive Design (Nasdaq code: ECDA), the world's largest Land Rover and Jaguar restoration company, announced signing a $500 million equity financing agreement with ECDA Bitcoin Reserve LLC. The proceeds from this strategic financing will enable ECD to implement an innovative Bitcoin reserve strategy, positioning the company as a next-generation value storage asset, and/or support growth and general corporate purposes.

These measures align with ECD's plans to attract the Bitcoin and broader digital asset community, which has created enormous wealth over the past decade and represents a priority customer group. The company plans to explore ways to help these customers diversify digital assets into high-end real-world assets (RWA), such as classic cars. Within the next twelve months, ECD will provide a $21,000 vehicle upgrade credit for the first 21 customers who purchase new cars using Bitcoin, to be freely chosen by the customers.


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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