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Tag: Doge

Strategy Expands Capital Stack With Launch of High-Yield STRD Preferred Shares

June 3, 2025
Strategy (MSTR) has launched its third perpetual preferred instrument, the Series A Stride Preferred Stock (STRD), as it continues building out a structured yield curve for its capital stack. With a 10.00% non-cumulative fixed dividend and perpetual duration, STRD aims to provide long-term, high-yield exposure positioned between the firm’s...
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Monero Bull Run Accelerating, XMR-BTC Price Chart Signals

June 3, 2025
This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Leading privacy-focused cryptocurrency monero (XMR) has outperformed bitcoin BTC this year, and the trend is likely to continue in the coming weeks. That’s the message from the XMR-BTC ratio trading on Poloniex. The ratio...
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Ripple’s Stablecoin, RLUSD, Gets Stamp of Approval in Dubai

June 3, 2025
Ripple’s U.S dollar pegged RLUSD has received regulatory approval from Dubai’s financial watchdog, clearing the way for its use within the Dubai International Financial Centre (DIFC), the company said Tuesday. The Dubai Financial Services Authority’s decision means RLUSD can now be integrated into Ripple’s licensed payments platform and potentially...
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Dogecoin Surges 6% as Institutional Buyers Fuel Bullish Rally

June 3, 2025
Dogecoin (DOGE) surged nearly 6% over the past 24 hours, marking a sharp reversal from its recent sluggish performance as institutional interest appears to be driving renewed optimism. Price-Action According to CoinDesk Research’s technical analysis model, the token rose from $0.191 to $0.200, fueled by strong technical momentum and...
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Ethereum Foundation Restructures Core Team to Focus on Network Scaling and UX

June 3, 2025
The Ethereum Foundation has made big changes to its core development team. On Monday, it confirmed a major internal shift, aiming to boost efficiency and sharpen its technical direction. Source: https://crypto-economy.com/ethereum-foundation-unveils-32-65m-for-l2-scalability-research-and-education/ The Foundation renamed its Protocol Research & Development (PR&D) […] The post Ethereum Foundation Restructures Core Team to...
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USDC Issuer Circle Now Targets $7.2 Billion Valuation In Major US IPO

June 3, 2025
Circle, the issuer of the second largest stablecoin by market cap, USDC, announced on Monday that it has increased the expected price range for its upcoming initial public offering (IPO).  According to Reuters, the new price range has been adjusted from the previously announced $24 to $26 per share...
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