Bitcoin Strategy Gains Momentum for Saylor
@MicroStrategy’s Stretch (STRC) hits a record high of $100.10, enabling the company to buy more $BTC using its ATM offering. STRC offers a 10.5% annualized return. #Update #Crypto $STRC
CoinDesk.com is a prominent platform delivering essential news, market updates, and in-depth analysis on cryptocurrencies and blockchain technology. At Voted.News, we transform CoinDesk’s extensive coverage into concise, easy-to-read digests—enabling readers to keep pace with evolving market trends, regulatory shifts, and technological innovations effortlessly. Discover the best of CoinDesk.com at Voted.News, where clarity meets credibility.
@MicroStrategy’s Stretch (STRC) hits a record high of $100.10, enabling the company to buy more $BTC using its ATM offering. STRC offers a 10.5% annualized return. #Update #Crypto $STRC
$XRP rallied 4.9% to $2.35, breaking resistance on increased institutional volume, as @Ripple and partners launched a stablecoin pilot for credit card payments on the XRP Ledger. #Update #Crypto $XRP
$DOGE dipped 0.5% to $0.1657 amid profit-taking after a 104% volume spike, holding above $0.16 support; institutional flows remain pivotal for potential breakout attempts. #Update #Crypto $DOGE
@Robinhood reported a 339% YoY increase in Q3 crypto trading revenue, reaching $268M from $61M, with $80B in trading volume. Market cap now at $126B. #Update #Crypto $BTC $ETH
U.S. government shutdown hits record 36 days, jeopardizing crypto market structure legislation as political impasse deepens post-Democrat election win. #Update #Crypto $BTC $ETH
Bitcoin Cash ($BCH) rose 3.3% to $491.80 after breaking the $487 resistance, with a peak at $495.30 during high European session volume. #Update #Crypto $BCH
@Citi and @DTCC executives highlight that while tokenized collateral is operational, regulatory frameworks lag behind, hindering broader adoption. #Update #Crypto $USDC
Investors are shifting towards multi-signature custody for enhanced security and transparency, challenging traditional banking models, while the crypto market awaits leadership for a potential rally. #Update #Crypto $BTC $ETH
$BNB remains above $950, a critical support level, with potential upside toward $1,230-$1,300 if current momentum persists amid market declines. #Update #Crypto $BNB
@Dinari is collaborating with @Chainlink to integrate real-time pricing data for the upcoming S&P DJI crypto-focused index, enhancing transparency on blockchain. #Update #Crypto $LINK
Future Holdings AG raises 28 million Swiss francs ($35 million) to enhance its bitcoin treasury services, aiming to bridge traditional finance and bitcoin in Europe. #Update #Crypto $BTC
Bitcoin $BTC is trading near $102,900, close to the 50-week SMA, as China suspends a 24% tariff on U.S. goods, potentially boosting market confidence. However, Sequans Communications has sold its BTC holdings to reduce debt. #Update #Crypto $BTC
Zohran Mamdani’s victory over Andrew Cuomo in the NYC mayoral election resulted in record voter turnout and $424 million in Polymarket betting volume, with one trader losing $969,169 betting against him. #Update #Crypto $POLY
@Independent Community Bankers of America urged the OCC to deny @Coinbase’s trust charter application, citing safety risks and insufficient compliance. Coinbase’s legal officer criticized the opposition as an attempt to maintain regulatory barriers. #Update #Crypto $BTC