🚀 Strive Adjusts IPO Plans for Preferred Shares Amid Bitcoin Strategy
#Strive #IPO #PreferredShares #Bitcoin #AssetManagement #Nasdaq #ShareholderValue #SATA #BitcoinStrategy #ForesightNews #CoinDesk #Dividend #BTC
According to Foresight News, Nasdaq-listed asset management firm Strive has announced the pricing for its perpetual preferred shares (SATA) initial public offering (IPO) at $80 per share. The company has increased the offering size from the originally planned 1.25 million shares to 2 million shares. Strive emphasized its ongoing focus on maximizing shareholder value through Bitcoin asset allocation.
Previously, Foresight News reported, citing CoinDesk, that Strive intended to issue 1.25 million SATA preferred shares to raise funds for increasing its Bitcoin holdings and expanding its business operations. The proceeds may also be allocated to income-generating assets, working capital, or repurchasing common stock. The initial dividend rate for the preferred shares is set at 12%. Strive currently holds nearly 6,000 Bitcoins, valued at approximately $637 million at current prices.#Strive #IPO #PreferredShares #Bitcoin #AssetManagement #Nasdaq #ShareholderValue #SATA #BitcoinStrategy #ForesightNews #CoinDesk #Dividend #BTC
🚀 Cryptocurrency Prices Rise Following U.S. Tariff Dividend Announcement
#Cryptocurrency #Bitcoin #Ethereum #USTariffs #TariffDividend #DonaldTrump #BTC #ETH #CryptoMarket #CoinDesk #USPolitics #Congress
According to Odaily, cryptocurrency prices experienced a moderate increase after U.S. President Donald Trump announced a plan to distribute a tariff 'dividend' of at least $2,000 to most Americans. Bitcoin (BTC) rose approximately 1.75% over the past 24 hours, surpassing $103,000, while Ethereum (ETH) increased by about 3.32%, exceeding $3,487. This uptick follows a generally sluggish weekly market, with the CoinDesk 20 Index recovering from a nearly 15% weekly decline. However, experts caution that the payment plan requires congressional approval to be implemented, and current tariff revenues are significantly lower than the funds needed for the proposed payments.#Cryptocurrency #Bitcoin #Ethereum #USTariffs #TariffDividend #DonaldTrump #BTC #ETH #CryptoMarket #CoinDesk #USPolitics #Congress
🚀 Canary Capital Pauses New Crypto ETF Applications Amid Regulatory Considerations
#CanaryCapital #CryptoETF #RegulatoryConsiderations #XRPETF #SECrequirements #CryptoNews #ETFApplications #SteveMcClurg #ForesightNews #CoinDesk
According to Foresight News, CoinDesk reports that Canary Capital CEO Steve McClurg announced the company has submitted all eligible ETF applications under current regulatory guidelines. For the remainder of the year, the company may halt new crypto ETF applications. The decision to file additional documents will depend on regulatory changes or whether new assets meet the U.S. Securities and Exchange Commission (SEC) requirements. Canary Capital will focus on managing its newly launched XRP ETF, which recorded a first-day trading volume of $58 million.#CanaryCapital #CryptoETF #RegulatoryConsiderations #XRPETF #SECrequirements #CryptoNews #ETFApplications #SteveMcClurg #ForesightNews #CoinDesk
🚀 Digital Asset Adoption in Asia-Pacific Surpasses Global Average
#DigitalAssetAdoption #AsiaPacific #GlobalAverage #CoinDesk #ConsensusReport #Stablecoins #CrossBorderRemittances #Thailand #UAE #Philippines #FinancialInclusion #Blockchain #CryptoAdoption
According to PANews, a report by CoinDesk's Consensus titled '2025 Asia-Pacific Digital Asset Adoption Report' reveals that 24.3% of adults in the Asia-Pacific region use digital assets, significantly higher than the global average of 16.9%, totaling approximately 535 million people. The report highlights that stablecoins and cross-border remittances are the primary driving factors, with notable performance in markets such as Thailand, the UAE, and the Philippines. Among remittance users, 29% have already utilized stablecoins, with an estimated annual flow of $72 billion.#DigitalAssetAdoption #AsiaPacific #GlobalAverage #CoinDesk #ConsensusReport #Stablecoins #CrossBorderRemittances #Thailand #UAE #Philippines #FinancialInclusion #Blockchain #CryptoAdoption
🚀 Jay Yarow Appointed as President of CoinDesk Insights
#JayYarow #CoinDesk #President #CoinDeskInsights #Media #Events #DataIndex #Bullish #TomFarley #CNBC #BusinessInsider #ExecutiveRole
According to Odaily, former CNBC executive Jay Yarow has joined CoinDesk as the President of CoinDesk Insights, overseeing media and events operations. Yarow previously managed CNBC's digital strategy and served as Executive Editor at Business Insider. He succeeds Sara Stratoberdha, who has transitioned to an executive role at Bullish. Bullish CEO Tom Farley stated that this move aims to strengthen CoinDesk's presence in media, events, and data index sectors.#JayYarow #CoinDesk #President #CoinDeskInsights #Media #Events #DataIndex #Bullish #TomFarley #CNBC #BusinessInsider #ExecutiveRole
🚀 Ethereum's Market Valuation Could Reach Trillions, Says Etherealize CEO
#Ethereum #MarketValuation #Trillions #Etherealize #VivekRaman #Coindesk #Revaluation #Crypto #Blockchain #PricePrediction #ETH
According to BlockBeats, Etherealize CEO Vivek Raman discussed the potential revaluation of Ethereum's market capitalization in an interview with Coindesk on January 17. Raman suggested that Ethereum's market value could shift from hundreds of billions to a trillion-dollar scale. He described Ethereum as a 'civilization-level infrastructure,' implying its intrinsic value could reach several trillion dollars. Raman believes that a price of $15,000 for Ethereum is reasonable and anticipates this revaluation process to occur relatively quickly.#Ethereum #MarketValuation #Trillions #Etherealize #VivekRaman #Coindesk #Revaluation #Crypto #Blockchain #PricePrediction #ETH
🚀 BNB Included in Grayscale CoinDesk Crypto 5 ETF
#BNB #Grayscale #CoinDesk #Crypto5ETF #GDLC #cryptocurrency
BNB has been added to the Grayscale CoinDesk Crypto 5 ETF as part of its regular rebalancing. According to PANews, this inclusion was announced in an official statement by Grayscale. The ETF, identified by the ticker GDLC, aims to provide diversified exposure to the cryptocurrency market.#BNB #Grayscale #CoinDesk #Crypto5ETF #GDLC #cryptocurrency
🚀 Ethereum's Active Loans Surge Tenfold in 2023
#Ethereum #ActiveLoans #DecentralizedFinance #DeFi #TokenTerminal #ForesightNews #CoinDesk #2023Growth #EthereumAdoption #ETH
Ethereum's active loans have surpassed $28 billion, marking a tenfold increase since the beginning of 2023. According to Foresight News, data from Token Terminal, as reported by CoinDesk, highlights this significant growth in Ethereum's lending activity. The surge reflects the expanding role of Ethereum in the decentralized finance sector, showcasing its increasing utility and adoption.#Ethereum #ActiveLoans #DecentralizedFinance #DeFi #TokenTerminal #ForesightNews #CoinDesk #2023Growth #EthereumAdoption #ETH
🚀 Consensus 2026 to Address Crypto Policy in Hong Kong
#Consensus2026 #CryptoPolicy #HongKong #CoinDesk #Cryptocurrency #RegulatoryFrameworks #NS3AI #PolicyChallenges #CryptoRegulation
CoinDesk is set to host Consensus 2026 in Hong Kong, emphasizing discussions on cryptocurrency policy. According to NS3.AI, the event aims to unite policymakers and industry participants to tackle regulatory and policy challenges. This gathering underscores the growing significance of regulatory frameworks in the rapidly evolving cryptocurrency sector.#Consensus2026 #CryptoPolicy #HongKong #CoinDesk #Cryptocurrency #RegulatoryFrameworks #NS3AI #PolicyChallenges #CryptoRegulation
🚀 Jim Cramer's Bitcoin Claim Debunked: No Legal Framework for US Government Purchase
#JimCramer #Bitcoin #USGovernment #LegalFramework #BTC #CryptoNews #CoinDesk #Cryptocurrency #Congress
CoinDesk has refuted Jim Cramer's assertion that the U.S. government would purchase Bitcoin at $60,000. According to NS3.AI, there is currently no legal framework that permits such an action. Establishing a government Bitcoin reserve would necessitate congressional legislation, which is not present in any proposed bills. The federal government's Bitcoin holdings are primarily derived from criminal seizures, while certain state governments are contemplating legislation to maintain BTC reserves.#JimCramer #Bitcoin #USGovernment #LegalFramework #BTC #CryptoNews #CoinDesk #Cryptocurrency #Congress
🚀 CoinDesk 20 Index Declines Amid Mixed Asset Performance
#CoinDesk #Cryptocurrency #CryptoMarket #Bitcoin #Altcoins #MarketUpdate #ICP #XLM #LTC #CryptoIndex
The CoinDesk 20 Index has experienced a decline, trading at 2064.51, marking a 1.6% drop since 4 p.m. ET on Wednesday. According to NS3.AI, only one of the 20 assets in the index showed an increase. Internet Computer (ICP) rose by 1.1%, while Stellar (XLM) and Litecoin (LTC) were among the weakest performers, with declines of 3.5% and 2.8%, respectively.#CoinDesk #Cryptocurrency #CryptoMarket #Bitcoin #Altcoins #MarketUpdate #ICP #XLM #LTC #CryptoIndex
🚀 Federal Reserve Confirms No Current Plans for CBDC Development
#FederalReserve #CBDC #DigitalCurrency #BrettGuynn #BlockBeats #CoinDesk #USCentralBank #DigitalCurrencyDiscussions #CentralBank
The Federal Reserve has no active plans to develop a central bank digital currency (CBDC), according to Brett Guynn, a legal official at the institution. According to BlockBeats, this statement was reported by CoinDesk on March 27. The announcement comes amid ongoing discussions and interest in digital currencies globally, but the U.S. central bank has not committed to any specific development in this area.#FederalReserve #CBDC #DigitalCurrency #BrettGuynn #BlockBeats #CoinDesk #USCentralBank #DigitalCurrencyDiscussions #CentralBank
🚀 Bitcoin Impact Index Reaches Highest Level Since January Amid Market Stress
#Bitcoin #ImpactIndex #MarketStress #BitcoinLoss #NS3AI #CoinDesk #BitcoinSupply #Investors #BTC
The Bitcoin Impact Index has surged to 57.4, marking its highest level since January, according to CoinDesk analysis. This increase signals significant market stress. According to NS3.AI, nearly half of Bitcoin's circulating supply is currently trading at a loss, reflecting the challenging conditions faced by investors.#Bitcoin #ImpactIndex #MarketStress #BitcoinLoss #NS3AI #CoinDesk #BitcoinSupply #Investors #BTC