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Strategy’s never sell mantra bends as Saylor hints at Bitcoin sales
Strategy opened the door to selling BTC for STRC dividends as Bitcoin reclaimed $82K and Morgan Stanley pushed deeper into crypto trading.
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The old guard of finance is storming crypto's gates.
Wall Street banks, billion-dollar funds, and corporate treasuries are all making moves this week.
Meanwhile, a privacy coin just reminded everyone that cypherpunk ideals aren't dead.
Risk appetite is surging across markets, with equities hitting fresh all-time highs.
The lines between TradFi and crypto have never been blurrier.
Saylor hints Strategy may sell Bitcoin to pay STRC dividends
Strategy’s never sell mantra just got a footnote.
Saylor says the company could sell some BTC to fund STRC dividend obligations. The idea surfaced during Strategy’s Q1 earnings call on Tuesday.
If the biggest corporate HODLer starts selling to support its preferred stock machine, every treasury playbook gets rewritten.
Markets
Geopolitical de-escalation sparks risk-on rally across markets
Trump paused the Strait of Hormuz military escort mission after Iran signaled cooperation.
The move lit a fire under risk assets broadly.
The S&P 500 pushed past 7,340 to fresh all-time highs alongside the Nasdaq.
Crypto rode the wave before cooling slightly into Wednesday afternoon.
BTC hovered near $82K, ETH climbed toward $2,400, SOL traded around $89, and XRP held near $1.43.
Morgan Stanley launches crypto trading on E*Trade
One of Wall Street's largest banks just opened crypto trading to retail clients.
E*Trade will charge 50 basis points per trade.
That undercuts both Coinbase and Robinhood on fees.
Millions of traditional brokerage accounts now have a cheaper on-ramp to digital assets.
Zcash rips 40% after Multicoin reveals major position
Multicoin Capital disclosed a significant ZEC stake built quietly since February.
The price surged from $432 to nearly $598 within hours of the announcement.
ZEC settled around $564, pushing its market cap past $8B.
A top crypto fund betting big on privacy coins signals cypherpunk values are far from dead.
On Our Radar
Rapper's net worth check: Blueface is sitting on roughly $4 million, apparently.*
Wallet gets ads: MetaMask is monetizing your crypto experience through sponsored brand deals.
Chip ambitions: SpaceX wants a Texas tax break for its massive chip manufacturing bet.
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