Michael Saylor’s Strategy (MSTR) moves to pay STRC dividends twice per month

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Crypto News

Leading bitcoin treasury company Strategy (MSTR) has filed a proxy that, if approved, would allow for semi-monthly dividends on its STRC “Stretch” series of preferred stock. The move would have no effect on STRC’s annual dividend obligations or dividend rate (currently 11.5%), noted Executive Chairman Michael Saylor. Instead, he said, “[the] proposed changes are intended […]

U.S. bitcoin ETFs see strongest inflows for over a month as BTC dominance hits 60%

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Crypto News

U.S. spot bitcoin exchange-traded funds (ETFs) posted their largest one-day inflows since Nov. 11 on Wednesday, coinciding with a volatile crypto market during which bitcoin BTC$87,214.89 rallied to nearly $90,000 before reversing and falling below $86,000. In total, the funds recorded net inflows of $457.3 million, most of which — $391.5 million — went into […]

Bitcoin to $140K by Month End? Bullish Hopes Remain Even as Tuesday Drop Sends ETH, XRP, SOL Down 5%

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Crypto News

Bitcoin is holding around $122,000 in Wednesday’s Asian hours after setting a record high at $126,200 earlier this week, with some market watchers still expecting a surge to a record $140,000 later this month. Economist Timothy Peterson said in an X post Tuesday that bitcoin has a 50% probability of rising to $140,000, citing simulations […]

Solana (SOL) Surges 8% to Over $145, Up 146% in One Month

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Crypto News

Solana’s SOL token is trading at $145.47, up 7.63% in the past 24 hours, as traders responded to a breakout surge backed by strong futures activity. The rally gained traction after a sharp bounce from $133.55 to $144.10, supported by above-average trading volumes during the 17:00 and 22:00 hours, according to CoinDesk Research’s technical analysis […]