BlockBeats News, January 6 — According to CoinDesk, Buck Labs has launched the cryptocurrency BUCK, positioned as a “Savings Coin” targeted at non-U.S. users, primarily offering passive income for USD-denominated crypto assets rather than traditional stablecoins.
BUCK’s initial price is set at $1, with no hard peg to the dollar, and its price can fluctuate with the market. Its yield is indirectly derived from Strategy (MSTR)-related assets: Buck Fund will hold STRC perpetual preferred shares linked to Bitcoin, which pay periodic dividends to the treasury, used to distribute returns to BUCK holders, with an current annualized target of about 7%, accruing by the minute.
Buck Labs emphasizes that Michael Saylor and Strategy are not involved, sponsor, or endorse this project. BUCK uses a governance token structure, allowing holders to participate in profit-sharing and governance votes, and the company states it is not issued as a security. BUCK aims to complement rather than replace stablecoins, targeting users who seek relatively predictable crypto yields but prefer not to trade frequently.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Peter Brandt: The potential target price for crude oil futures is $214
Gate News Announcement, March 9th, renowned trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, released a chart indicating that the potential target price for WTI crude oil futures (international benchmark price) is $214. If this target is reached, it will cause a surge in airline fuel costs, severely impacting profits.
GateNews4m ago
NYDIG Research Director: Bitcoin price fluctuations are only 1/4 influenced by stock market correlation
NYDIG Research Director Greg Cipolaro pointed out that the recent rise of Bitcoin alongside the U.S. stock software sector is mainly driven by macro factors rather than structural convergence. He stated that only a quarter of Bitcoin price movements are related to the stock market, with 75% of the factors coming from other areas, emphasizing its role as a diversification tool in investment portfolios.
GateNews29m ago
332.09 BTC transferred from an anonymous address to a certain CEX, valued at approximately $134 million
Gate News Report, March 9th, according to Arkham data, at 11:43, 332.09 BTC (worth approximately $134 million) was transferred from an anonymous address (starting with bc1qnzx...) to a certain CEX.
GateNews31m ago
NYDIG Latest Report: Bitcoin's Correlation with Tech Stocks is Overestimated, 75% of Price Fluctuations Come from Cryptocurrency Market Factors
NYDIG points out that the recent synchronized movement between Bitcoin and U.S. tech stocks is primarily due to macroeconomic factors rather than structural correlation. Although their prices are similar, Cipolaro emphasizes that the rise in Bitcoin and tech stocks more reflects a common change in liquidity and risk appetite rather than fundamental convergence. Bitcoin's volatility remains mainly driven by its own market factors, and its diversification value in investment portfolios still exists.
GateNews32m ago
Bitcoin Falls to $66,000 Amid Oil Price Spike and Geopolitical Risks, Analysts Advise Cautious Positioning
Bitcoin has declined to approximately $66,000 as of March 9, 2026, retreating 10 percent from the $73,500 peak reached on March 5, as surging crude oil prices above $110 per barrel and escalating Middle East tensions drive risk-off sentiment across global markets.
CryptopulseElite51m ago
