Key Takeaways Shareholders will vote on Evernorth’s proposed merger on Sept. 30. The registration statement becoming effective moves the deal forward but does not mean the SEC approved it. Evernorth plans to list on Nasdaq under XRPN and actively manage XRP. Evernorth Merger Moves to Shareholder Vote Evernorth Holdings Inc. moved closer to its planned…
Key Takeaways Ripple Prime’s Delta One business is now live for institutional clients. Total return swaps cover U.S. equities, indices, and digital assets. Ripple Prime reports more than $1 billion in regulatory net capital. Ripple Prime Adds Delta One to Multi-Asset Brokerage Ripple expanded its institutional brokerage business Aug. 27 with the launch of Delta…
Key Takeaways Cryptographer Hal Finney passed away on August 28, 2014, after a five-year battle with ALS. The 10 BTC Satoshi Nakamoto sent him in January 2009 would be worth over $800,000 today. Theories tying Finney to Satoshi Nakamoto’s true identity still circulate 12 years after his death. A Signature Before Bitcoin Had a Price…
Key Takeaways Bitfinex reported Bitcoin aligned with gold, driving metrics into the start of a bull expansion phase. Rising US debt concerns shifted market focus to debasement trades, spurring demand for Bitcoin. Fed Chair Warsh took a hawkish stance at Jackson Hole, threatening the debasement trade with rate hikes. Bitfinex Highlights Bitcoin Price Correlation with…
Key Takeaways Bitcoin fell below $77K following Fed Chair Warsh’s speech, wiping out $300M in crypto liquidations. Heavy sell walls and a $5.7B downward liquidity skew leave Bitcoin vulnerable to deeper pullbacks. Fed Chair Warsh rejected forward guidance over inflation risks, weakening immediate spot market demand. Bitcoin Loses Steam Ahead of Fed Chair Speech Bitcoin…
CoinRabbit, a crypto asset management platform, has passed six years with no security incident and no loss of client assets, while holding an average loan turnaround of about ten minutes. The platform ties that record to its custody foundation: NOWCustody, the custody product from ChangeNOW, which has run beneath CoinRabbit’s lending since the development in…
Key Takeaways Donald Trump’s TRUMP memecoin surged over 20% to reach a $705 million market cap on Friday. Public Citizen reported that investors lost $4.7 billion on Trump-linked crypto ventures. Concerns over Trump’s $1.4 billion crypto profits stalled the Senate’s CLARITY Act. TRUMP Memecoin Rebounds Despite 2026 Downtrend U.S. President Donald Trump’s memecoin, TRUMP, briefly…
Key Takeaways Bitcoin gained $14,264 (22.7%) in one week, its largest-ever weekly dollar gain. Galaxy Research flags bitcoin’s 50-week moving average near $82,470 as the next bottom-confirmation signal. Bitcoin touched $81,000 recently before easing back, with Treasury buyback changes cited as a rally driver. The Week by the Numbers Bitcoin closed out the trading week…
Key Takeaways Polish Olympic Committee President Radosław Piesiewicz was detained in a fraud probe. The collapse of Zondacrypto has exposed client losses and ties to high-profile political financing. Polish prosecutors plan to press criminal charges while evaluating broader political connections. Olympic Leader Facing Fraud Probe Radosław Piesiewicz, the president of the Polish Olympic Committee (PKOl),…
Key Takeaways Arthur Hayes says Strategy’s mNAV premium sat near 0.74x on August 27, erasing its old edge. Strategy holds 840,447 BTC but owes about $1.5 billion a year in STRK and STRC dividends. Hayes says Saylor must either issue equity, sell more bitcoin, or trim dividends going forward. The Premium Problem For years, Strategy…
