ProChain Capital

Microstrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
Microstrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul
Microstrategy's latest earnings report reveals the software company posted an impairment charge of $24.1 million on its bitcoin holdings in the second quarter. ProChain Capital President David Tawil discusses the implications for the crypto markets. Plus, Tawil's outlook for the ETF landscape.
Microstrategy Takes $24M Q2 Charge on Multibillion-Dollar Bitcoin Haul

Bitcoin Could Reach $50K by Year End: ProChain Capital President
Bitcoin Could Reach $50K by Year End: ProChain Capital President
Bitcoin BTC is hovering around the 30 000 level and Pro Chain Capital president David Tawil predicts that the largest cryptocurrency by market capitalization could reach 50 000 by the end of the year Plus why Tawil thinks renewed interest in a spot Bitcoin ETF is benefiting Grayscale Bitcoin Trust and Coinbase Coin Desk and [...]
Bitcoin Could Reach $50K by Year End: ProChain Capital President

Bitcoin Above $22K 'Remarkable' Sign of Resilience: ProChain Capital President
Bitcoin Above $22K 'Remarkable' Sign of Resilience: ProChain Capital President
Bitcoin BTC remains above 22 000 despite increased regulatory pressure on the industry after Kraken's 30 million SEC settlement and Paxos receiving a Wells Notice Pro Chain Capital President David D Tawil shares insights into BTC s resilience amid macro headwinds and the impact of CPI data Plus takeaways from Tuesday's Senate Banking Committee hearing [...]
Bitcoin Above $22K 'Remarkable' Sign of Resilience: ProChain Capital President

Zipmex Receives Investment Offer; Voyager Calls FTX's Offer 'Low-Ball' Bid
Zipmex Receives Investment Offer; Voyager Calls FTX’s Offer ‘Low-Ball’ Bid
Troubled crypto exchange Zipmex said it received an investment offer from an interested party as it faces $100 million in losses on loans to Babel Finance. ProChain Capital President David D. Tawil discusses what this means for the future of Zipmex.
Zipmex Receives Investment Offer; Voyager Calls FTX's Offer 'Low-Ball' Bid