Cayman Islands-registered Buck Labs has introduced the “BUCK” crypto token, positioning it as a yield-bearing “savings coin” aimed at users seeking returns on dollar-denominated crypto holdings without relying on traditional stablecoins. The token is backed by shares in Strategy (MSTR) shares, the largest corporate holder… Read More
Strategy (MSTR) shares have declined for six consecutive months for the first time since the firm adopted bitcoin as a treasury asset in August 2020, according to a performance table shared Thursday by crypto analyst Chris Millas. In a Jan. 1 post on X, Millas… Read More
Crypto asset manager Bitwise filed with the U.S. Securities and Exchange Commission to introduce 11 crypto “strategy” exchange-traded funds (ETFs) including aave AAVE$149.49, uniswap UNI$5.9068, zcash ZEC$525.46, SUI$1.4484 and TAO$223.11. The Tuesday N-1A filing details an approach that includes investing up to 60% of a… Read More
This is a technical analysis post by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin BTC$86,673.90 trades close to a crucial long-term price line that’s held for three weeks, putting bulls on edge. However, shares in the largest publicly listed BTC holder, Strategy (MSTR),… Read More
Nasdaq is looking to enable nearly round-the-clock trading, aiming to match the increasingly global nature of financial markets and investor behavior, according to a filing with the U.S. Securities and Exchange Commission (SEC) Under the proposal, Nasdaq would expand trading hours for stocks and exchange-traded… Read More
Bitcoin-heavy firm Strategy (MSTR) will remain in the Nasdaq 100 index, surviving the annual reshuffle that saw several household names dropped. The firm, which began as business software provider MicroStrategy, pivoted in 2020 to stockpiling bitcoin as its core strategy. It has since then accumulated… Read More
