Strategy Seeks $500 Million Through Preferred Stock Offering Strategy Inc. (MSTR) has announced a new capital-raising initiative through a preferred stock issuance aimed at expanding its bitcoin holdings. The company is offering 5 million shares of a newly created class called STRC Preferred Stock, priced at $100 per share, with the goal of raising $500 million. STRC Series Offers 9% Dividend to Attract Investors The STRC shares, also dubbed “Stretch” by the company, come with a regular dividend rate of 9%, making them an attractive choice for income-seeking investors in today’s volatile market. This offering is part of Strategy’s ongoing…
Author: Blockto Team
Bitcoin hedge fund profits surge 640% as regulation turns favorable The crypto market’s transformation under pro-Bitcoin U.S. policy is creating new winners — and David Bailey stands out. His hedge fund, 210k Capital, reportedly delivered a 640% net return in the 12 months through June 2025, fueled by a bold Bitcoin treasury strategy and favorable shifts in regulatory climate. Bailey, a longtime crypto entrepreneur and founder of BTC Inc., played a pivotal role in converting former President Donald Trump from a crypto skeptic to a vocal blockchain advocate. That political pivot appears to have paid off handsomely — not just…
Shiba Inu (SHIB) is witnessing a resurgence in trader interest as futures open interest climbs to its highest level since December, signaling a possible shift in focus from Bitcoin to higher-volatility altcoins. SHIB Derivatives Surge as Leverage Demand Rises The number of open positions in Binance-listed 1000SHIB futures has risen to 5.11 billion SHIB, a level not seen in over seven months. According to derivatives market data, open interest has increased by over 39% in July alone, indicating a substantial influx of speculative capital into the SHIB ecosystem. These USDT-margined contracts offer leverage up to 25x, allowing traders to control…
In a bold step toward regulatory compliance, Polymarket is set to return to U.S. markets by acquiring QCX, a Commodity Futures Trading Commission (CFTC)-licensed derivatives exchange, in a $112 million deal. This move follows the official end of a federal investigation that had cast uncertainty over the platform’s legal standing. Federal Probe Dropped, Opening the Door for U.S. Relaunch Polymarket’s return comes just days after U.S. prosecutors dropped their investigation into whether the platform violated the terms of a 2022 settlement with the CFTC. At that time, Polymarket agreed to block U.S. users and pay a penalty for operating an…
The Aave DAO community has taken a major step toward bringing its decentralized lending protocol into the centralized finance (CeFi) world, approving a proposal to license Aave v3 for Kraken’s Ink blockchain. Community Backs Aave’s Centralized Strategy In a recent governance vote, 99.8% of Aave token holders supported the ARFC (Aave Request for Comment) to move forward with deploying a white-label version of its lending system on Kraken’s Ink chain. The next phase involves a full Aave Improvement Proposal (AIP) for onchain voting. This initiative signals a strategic shift—blending DeFi infrastructure with centralized deployment models—allowing Aave to widen its reach…
In a pivotal move for the cryptocurrency sector, BitGo has confidentially filed for an initial public offering (IPO) in the United States, marking a major step toward traditional market integration for digital asset infrastructure. SEC Filing Signals Expansion Into Public Markets On Monday, BitGo submitted a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), aiming to list its Class A common stock. Details such as the number of shares and pricing range remain undisclosed as the company proceeds with the confidential filing. This development reflects the broader trend of crypto service providers seeking mainstream financial legitimacy,…
Chainlink (LINK) has emerged as one of the top-performing cryptocurrencies recently, posting a 12.2% gain since Friday. The rally places LINK alongside Litecoin (LTC) in the spotlight, as both tokens outperform the broader crypto market over the weekend. Chainlink Price Breakout Driven by On-Chain Metrics The recent price increase in Chainlink reflects rising investor confidence and strengthening on-chain fundamentals. According to blockchain activity, Chainlink’s network demand has significantly increased, particularly in the area of decentralized oracle usage—its primary use case. The 12.2% jump in LINK’s price brought it to a multi-week high, marking one of the strongest weekly performances among…
DeFi Development Corp (DFDV) is aggressively building its Solana (SOL) treasury, pushing total holdings to just under 1 million SOL—valued at approximately $190 million. The Florida-based firm acquired 141,383 SOL between July 14 and July 20, at an average cost of $133.53 per token, according to its latest disclosure. DFDV’s Solana Strategy Gains Momentum The recent accumulation was funded through a $19.2 million raise, part of a broader credit facility that grants the company access to up to $4.98 billion in capital. With SOL currently trading above $191, DFDV’s early accumulation appears timely, reflecting strong conviction in Solana’s long-term potential.…
India’s crypto community may finally see light at the end of the tunnel. On July 21, 2025, Web3 venture firm Hashed Emergent and policy think tank Black Dot unveiled the COINS Act — a comprehensive model law that aims to transform India’s chaotic crypto landscape into a global hub for digital assets. A Clear Framework Where There Was None The Crypto-systems Oversight, Innovation and Strategy (COINS) Act is a non-binding model law that proposes legal clarity, user rights, and smart regulation. While it doesn’t hold legal authority yet, it offers Indian lawmakers a ready-made blueprint to modernize crypto policy. Key…
MoonPay has officially launched a TRON-supported crypto wallet, allowing users to buy, sell, send, and store TRX and USDT directly within the MoonPay app. The move aims to simplify blockchain access while improving speed, cost, and convenience for everyday users. TRON Integration Meets Growing User Demand Announced on July 21, 2025, this strategic collaboration between MoonPay and TRON DAO reflects a broader push to reduce friction in crypto transactions. Now, users can access the TRON network’s speed and low fees without switching between platforms. MoonPay’s non-custodial wallet keeps users in full control of their assets while offering direct interaction with…