📰 Crypto News Digest: Read the full thread for the week's updates. 📜
🏦 Strategy Launches $500m STRC Bitcoin Dividend Stock IPO
💸 Strategy unveils its STRC preferred stock IPO with a goal to raise $500m for even more Bitcoin purchases.
💵 STRC offers monthly dividends starting at a 9% annual rate, adjustable to keep shares at $100.
🔄 This bold move targets yield-seekers & cements Strategy’s aggressive Bitcoin treasury approach.
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📈 Ethereum ETFs See Record Inflows!
💥 US spot Ethereum ETFs pulled in $534m in a single day, marking the third-largest daily inflow ever.
🤝 BlackRock’s ETHA dominated with $426m, followed by growing numbers at Fidelity and Grayscale.
🌎 Institutional interest is rising fast, with spot $ETH ETFs holding nearly $20b in assets—over 4% of all circulating ETH.
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🏛️ JPMorgan Explores Crypto-Backed Loans
💼 The banking giant may soon let clients borrow against Bitcoin and Ethereum—ushering in a new wave of crypto adoption.
🔑 This could offer huge liquidity, letting investors access funds without selling assets.
📊 Traditional finance is increasingly integrating digital assets, showing growing confidence in crypto's future.
3/4
🐧 Pengu Leads Memecoin Surge with 20% Daily Jump!
📈 Pudgy Penguins’ PENGU token soared nearly 20%, flipping several Solana memecoins to become the largest by Solana market cap.
🖼️ Its NFT collection also spiked, with floor prices and volumes jumping alongside renewed sector interest.
🔥 Meme coins as a whole are hot, outperforming majors during the latest Bitcoin rally.
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