DYDX Surges 10% Amid Buybacks Receiving 25% of Protocol Revenue
DYDX token surged 10% following news that buybacks will now receive 25% of the protocol’s revenue. The move highlights growing investor confidence and increased value capture for token holders.
Quick Summary
- DYDX token price increased by 10%.
- Buybacks now receive 25% of protocol revenue.
- Positive market reaction signals investor optimism.
Michael Saylor’s Strategy Surpasses 500,000 Bitcoin Holdings
Michael Saylor’s Strategy has acquired an additional 6,911 Bitcoin (BTC) for approximately $584 million, pushing its total holdings beyond 500,000 BTC. According to a recent SEC filing, the company now holds 506,137 Bitcoin, purchased at an average price of around $66,608 per coin.
- Strategy acquired 6,911 BTC between March 17-23 at an average price of $84,529.
- Total Bitcoin holdings now exceed 500,000 BTC.
- Aggregate purchase price totals approximately $33.7 billion.
Bitcoin Bottom Forming as Fed Eases and Trump Softens Tariffs
Analysts suggest Bitcoin may have bottomed and could soon rebound toward the $90,000 level. This optimism follows U.S. President Donald Trump’s recent indication of easing tariffs and the Federal Reserve’s dovish stance on inflation.
- Trump signals flexibility on upcoming tariffs.
- Federal Reserve indicates potential easing of monetary policy.
- Bitcoin’s 21-day moving average currently at $85,200, signaling bullish momentum.
Cathie Wood to Launch El Salvador’s AI Education Program
ARK Invest founder Cathie Wood will deliver the inaugural lecture for El Salvador’s new AI-focused public education initiative. The program aims to provide university-level artificial intelligence education to students and professionals, leveraging insights from industry leaders.
- Cathie Wood to give the first lecture in El Salvador’s AI education program.
- Program aims to boost innovation and economic growth.
- Wood previously discussed pro-innovation policies with President Nayib Bukele.
Wood believes El Salvador could significantly increase its GDP over the next five years by continuing to embrace innovation-friendly policies.
