Evernorth Holdings has cleared a major regulatory hurdle on its path to becoming a publicly traded XRP treasury company after the U.S. Securities and Exchange Commission declared its Form S-4 registration statement effective on Aug. 27. The development moves Evernorth’s proposed merger with Armada Acquisition Corp. II into its next critical phase: a shareholder vote…
Circle will feature USDC on the front of Chelsea jerseys starting from the 2026/27 season, turning a stablecoin familiar to the crypto market into a weekly presence on Premier League pitches. According to an August 28 announcement from Chelsea and Circle, the deal places the USDC issuer in the club’s most prominent shirt sponsorship slot,…
Ripple is preparing the XRP Ledger for the “Q-Day” scenario, the point when quantum computers become powerful enough to threaten the digital signatures protecting wallets and blockchain transactions. The plan announced by Ripple in 2026 sets a target to bring XRPL to post-quantum readiness before 2028, as the broader crypto industry accelerates preparations for new…
Bitcoin could reach $150,000 by mid-2027 and climb to $300,000 at the peak of its next bull cycle in 2029, according to Wall Street brokerage Bernstein. Analysts led by Gautam Chhugani said in an Aug. 26 client note that Bitcoin could recover to around $125,000 by the end of 2026 before reaching a new all-time…
The U.S. Securities and Exchange Commission (SEC) has taken another step toward rewriting how investment advisers and funds can hold clients’ crypto assets, sending a new custody proposal to the White House for regulatory review. The proposal, titled “Amendments to the Custody Rules” was submitted to the Office of Information and Regulatory Affairs (OIRA), part…
Japan is preparing to build a blockchain-based financial infrastructure that could allow stocks and Japanese government bonds to settle almost instantly, potentially reshaping how transactions are processed across one of the world’s largest financial markets. The Financial Services Agency (FSA), Ministry of Finance, Bank of Japan (BOJ) and domestic financial institutions are expected to launch…
Thirty-nine U.S. state banking associations are joining forces to build a blockchain network for banks, marking a major step by traditional finance into stablecoins, tokenized deposits and blockchain-based payments. The newly formed BankChain Alliance announced Tuesday that it plans to develop an industry-owned, industry-designed and industry-governed blockchain network, targeting a launch in 2027. Together, the…
Bitcoin’s latest surge has traders making increasingly aggressive bets that the rally has further to run. On Monday, one or more traders bought 2,000 Bitcoin call-option contracts with an $82,000 strike price expiring Sept. 4, according to Laevitas. The position cost about $2.9 million in premiums. The trade is a straightforward bullish bet: Bitcoin needs…
Bitcoin has climbed above $80,000 for the first time since May, extending a rapid recovery that has brought fresh optimism back to the cryptocurrency market. The rally has been supported by renewed demand from U.S. spot Bitcoin ETFs, shifting expectations around Treasury policy and a weaker dollar, although investors now face several tests that could…
Bitcoin has surged back toward $80,000, gaining roughly 24% over the past week and breaking out of a six-week trading range. The rally has renewed investor interest, but Grayscale Research believes the current price may still offer a favorable entry point for long-term investors. Bitcoin rose more than 1% on August 24 to above $78,330,…
