Michael Saylor’s bitcoin treasury giant Strategy has secured shareholder approval to implement daily dividends across four preferred stock offerings, clearing a major hurdle ahead of the planned November launch for STRC shares.
Crypto
The planned addition follows the app's live Hyperliquid perps rollout; Elysium is a separate rollup that settles to HyperEVM.
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Galaxy Research found that nine hedge funds and banks cut 68,000 BTC worth of spot ETF exposure as the cash-and-carry trade dried up, while wealth platforms and sovereign funds added.
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Bitwise's bear case puts bitcoin at $130,686 by 2036, while its bull case reaches $3.67 million over the next decade.
Crypto
RLUSD is live on Coinbase with 1:1 USD conversion on XRP Ledger, Ethereum and Base, capping a big week of news for Ripple.