Crypto News

The crypto industry’s Fairshake political action committee is flooding Republican candidates with last-minute money in special congressional elections in Florida.Two U.S. House of Representatives seats had been opened by resignations when their occupants were tapped for posts in President Donald Trump’s administration, including that of Matt Gaetz, the politician Trump sought for the attorney general job who was tied to accusations of sex with a minor and drug abuse. The open seats are pivotal for Republicans' control of their tight margin in their House majority, so Democrats have devoted tremendous money and attention to them.An affiliate of the Fairshake super PAC, which is set up to devote money to candidate advertising independent of campaigns' involvement, had already weighed in during...

Strategy could be obligated to pay Strife investors an 18% dividend per quarter if it misses several cash payments.Source link

Strategy (formerly Microstrategy) announced the pricing of 8.5 million shares of 10.00% Series A Perpetual Strike Preferred Stock at $85 per share, expecting $711.2 million in net proceeds after underwriting fees. Settlement is scheduled for March 25, 2025. Strategy Prices 8.5M Shares at $85 Each in Preferred Stock Deal Strategy’s (Nasdaq: MSTR/STRK) cumulative dividends willSource link

Today's “triple-witching” will see about $4.5 trillion worth of contracts tied to stocks, indexes and exchange-traded funds expire.Source link

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2642.5, down 1.0% (-27.91) since 4 p.m. ET on Thursday.Five of 20 assets are trading higher.Leaders: DOT (+2.1%) and AAVE (+1.6%).Laggards: SUI (-5.1%) and FIL (-3.3%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link