Preferred Shares Surge Amid Financial Losses
@Strategy plans to issue more preferred shares (STRC) to fund Bitcoin purchases despite recent losses. CEO Fong Le emphasizes STRC’s stable, capital-efficient exposure to $BTC. #Update #Crypto $STRK
@Strategy plans to issue more preferred shares (STRC) to fund Bitcoin purchases despite recent losses. CEO Fong Le emphasizes STRC’s stable, capital-efficient exposure to $BTC. #Update #Crypto $STRK
The US National Credit Union Administration proposed a federal licensing framework for payment stablecoin issuers through credit union subsidiaries, potentially impacting the regulatory landscape. #Update #Legal $USDC
Grayscale submits an amendment for its Sui ETF to the SEC, prompting a 7% rise in $SUI price as investors anticipate the first spot SUI ETF launch. #Breaking #Crypto $SUI (+7) ↗
Bitcoin ($BTC) is near $67,800, up after a strong U.S. jobs report, with the CoinDesk 20 Index gaining 1.5%. Liquidations reached $342 million, signaling market volatility. #Update #Crypto $BTC
Russia blocks @WhatsApp, urging 100M users to adopt state-controlled Max app, raising surveillance concerns. Telegram faces similar restrictions. Kremlin demands compliance for service restoration. #Update #Privacy
Bitcoin’s recent pullback is linked to macroeconomic fears, not crypto-specific issues, says Bitwise’s André Dragosch. BTC prices in a potential US recession. #Update #Crypto $BTC
@OndoFinance partners with @Chainlink to use data feeds for tokenized U.S. stocks as DeFi collateral, enhancing integrations like Euler. #Update #DeFi
Bitcoin is facing significant bearish pressure, with CryptoQuant CEO Ki Young Ju stating it’s “not pumpable right now” due to heavy selling and supply overhang. #Breaking #Crypto $BTC (-8) ↘
Coinbase unveils Agentic Wallets for AI agents to autonomously manage crypto transactions and identities, utilizing the x402 protocol with over 50M transactions processed. #Update #Crypto
@Uniswap partners with @BlackRock to trade its $2.2B BUIDL fund on UniswapX, enabling USDC swaps via Securitize’s RFQ system, while BlackRock reserves the right to discontinue support. #Update #Crypto $USDC
The UK government has appointed @HSBC’s Orion platform for a pilot issuance of digital government bonds, enhancing sovereign debt markets with blockchain technology. #Update #Crypto $BTC
@Binance Co-CEO Richard Teng clarified that the crypto market’s $19 billion liquidation on Oct. 10 was influenced by external factors, not Binance, as institutional interest remains strong. #Update #Crypto $BTC
Bitcoin consolidates as January payrolls rise by 130,000, impacting Federal Reserve rate expectations; investors await U.S. inflation data release. $BTC down 0.5% to $67,200. #Update #Crypto $BTC
Bitcoin’s Net Realized Profit/Loss hits -$1.73B, echoing Luna crash levels at $67K, indicating major capitulation without systemic damage. #Update #Crypto $BTC