Key highlights: Strategy’s STRC preferred stock is now trading below $92, 8% down from its target of $100. Rising competition from Strive’s SATA preferred stock is one of the main reasons for the fall. The Bitcoin price crash and Strategy’s BTC buying spree have impacted investor confidence. Strategy’s STRC preferred stock has seen a significant […]
Tag: STRC
By Wayne Jones Strategy’s preferred stock STRC is now a larger buyer of Bitcoin (BTC) in peak weeks than every US spot ETF combined. However, unlike ETF flows, it only moves in one direction, and that asymmetry, according to a recent analysis by on-chain researchers at Pine Analytics, is why STRC’s volatility is becoming one […]
Key highlights: XRP is consolidating within a symmetrical triangle amid growing tension as the asset heads towards an important breakout. Market capitalization suddenly rising by $1 billion has brought new interest to XRP. $1.45 becomes the key breakout point, with XRP aiming for $1.54 and $1.62 if the positive trend holds. XRP is back on […]