Evernorth completed its merger with Armada Acquisition Corp. II on October 9 and expects XRPN shares to start trading on Nasdaq on October 12. XRP remains near $1.40, leaving the market to distinguish an existing corporate holding from potential fresh demand. Summary Evernorth says it closed with approximately 473 million XRP and $300 million in…
In Trump AI news, The Wall Street Journal reported on October 3 that Director of National Intelligence Jay Clayton will lead the administration’s AI response and chair a new White House task force. Clayton told the Journal that he will lead a White House task force to assess both the benefits and risks of artificial…
Ethereum is trading near $2.5K after a sharp correction from the $2.7K resistance area, with the latest price action putting a key support zone under pressure. While ETH remains above its daily 100-day and 200-day moving averages, weakening momentum and a recent rebound in the exchange supply ratio suggest that traders should watch for further…
Papertrade has scheduled its HyperEVM perpetuals exchange to begin trading on Oct. 10 with up to 1000x leverage, after DefiLlama tracked about $85.3 million in deposits ahead of the opening. Summary $85.3 million in tracked deposits includes trader balances and the protocol’s house-side pool. Trading is scheduled for 10 a.m. ET, following a planned HyperEVM…
XRP Ripple is trading at $1.52 on October 5, as four Korean financial institutions appeared alongside Ripple at XRP Seoul. The event put institutional adoption in the spotlight, but a stage appearance and a Ripple relationship do not prove a bank is buying or settling payments in XRP. Reports named Woori Bank, Kbank and Kyobo…
Over $19 billion was wiped out a year ago and BTC is still facing the consequences. October has a very solid reputation in the cryptocurrency markets as “Uptober” – a green month that has historically led to major gains. Last year’s edition was quite historic. On the one hand, BTC skyrocketed to its latest…
China has called for a national blockchain network and an integrated computing power network in a policy document covering 19 measures to develop technology-led industries and connect the digital economy with real-world production. Summary China’s new policy calls for national blockchain and computing networks alongside changes to data ownership rules. The document proposes data-market trials,…
NEAR Crypto News: Bitwise reported $35.5 million in first-day net inflows for its NEAR ETF, NRR, a strong opening that gives U.S. investors access to the token but does not establish lasting demand. Separately, a NEAR governance proposal would lower maximum annual issuance from 2.5% to 1.6%; it has not been approved or implemented. NEAR…
ADA was among the top performers earlier this week before it crashed by double digits. However, it’s back on the offensive on Saturday. Despite the major leg down at the end of the business week, on-chain data showed that the daily active addresses on the Cardano network surged to roughly 1.7 times September’s weekday…
Hong Kong has warned that payment platforms operating without required licenses face enforcement action, after its monetary authority received 16 complaints about suspected unlicensed stored value services between January 2024 and September 2026. Summary HKMA received 16 complaints about suspected unlicensed stored value services, with one case substantiated. Hong Kong law prohibits unlicensed stored value…
