RLJ Lodging Trust's Series A preferred shares (RLJ.PR.A) trade as a high-yield perpetual security offering about 7.8% yield. These shares have strong dividend coverage, with funds from operations covering preferred dividends by 8 times, supported by $353 million in liquidity. The preferred shares carry minimal near-term risk of forced conversion, as the common stock price must reach $89.09, far above the current $12. This makes RLJ preferred shares an attractive value compared to the common stock, which has seen a significant price increase and lower yield recently. Investors may consider keeping these preferred shares on their watchlist for potential opportunities.
Cboe BZX Exchange has filed with the SEC to list the first triple-leveraged Bitcoin and Ether ETFs in the US, aiming to deliver three times the daily returns using CME futures contracts. The proposal, submitted on August 10 and published on August 14...
President Trump will lead a White House summit next Wednesday with major cryptocurrency executives from Coinbase, Ripple, Gemini, and others, alongside regulators including the SEC and CFTC heads. The meeting, held at the Eisenhower Executive Office ...
Bitcoin fell to $62,570, nearing lows last seen in August 2026, as it failed to rally alongside record-high US equity markets. The US SEC postponed its tokenization innovation exemption, creating regulatory uncertainty that dampened market optimism. ...
XRP briefly fell below $1 for the first time since November 2024 but quickly recovered to around $1.01. Large holders bought over 72 million XRP tokens within 24 hours, signaling possible bullish interest despite technical bearishness with XRP tradin...
BUILDon has demonstrated renewed bullish momentum after bouncing from a key demand zone between $0.095 and $0.14. Recent data shows short liquidations at $11.3K, roughly double the long liquidations, indicating bears are under pressure. Spot market v...
