Key Highlights: Ripple Prime has rolled out perpetual swap trading for real-world assets (RWAs), spanning stocks, metals, ETFs, energy, and foreign exchange. The contracts reference over 100 markets listed on Hyperliquid by Trade.xyz and operate continuously on a 24/7 basis, including weekends. Institutional market maker Virtu has already begun utilizing the offering, with Ripple Prime ...
Key Highlights Bitcoin and XRP experienced extended sell-offs on Thursday following the release of hotter-than-anticipated U.S. Producer Price Index (PPI) data. The wholesale inflation figures arrived immediately after an unexpectedly hot Consumer Price Index (CPI) print, heightening fears of sustained Federal Reserve interest rate hikes. Market participants across both equities and digital assets are bracing ...
Key Highlights: Ripple CTO David Schwartz and Cardano founder Charles Hoskinson engaged in playful banter over a photo featuring a provocative Sydney Sweeney billboard during Evernorth’s Nasdaq debut celebrations. Evernorth launched publicly under the ticker XRPN with 473 million $XRP held in its treasury and $300 million in gross cash proceeds, marking the milestone by ...
Key Highlights: Social volume metrics from Santiment show Ethereum experiencing notable optimism with 2.05 bullish comments for every bearish comment across X, Reddit, and Telegram. Bitcoin and XRP face heightened negative sentiment, registering bullish-to-bearish comment ratios of 0.82 and 0.92, respectively. Liquidation of leveraged long positions and technical price struggles are driving fear in BTC ...
Key Highlights: Binance’s XRP Whale vs Retail Spread climbed 10.5 percentage points in six days to reach 63.5% on Oct. 13, outpacing the wider centralized exchange market by approximately 6.2 times. The current 15.8-percentage-point divergence between Binance and broader exchanges mirrors an 18-point gap recorded on Aug. 3, which preceded a 46% price advance. Supporting ...
Key Highlights: Ripple has partnered with Stripe-owned digital wallet infrastructure firm Privy to enhance the XRP Ledger (XRPL). Privy’s embedded wallet technology will allow users to transact in XRP, RLUSD, and other digital assets without directly managing private keys or recovery seed phrases. Developers can programmatically generate and manage XRPL wallets, while end users retain ...
Key Highlights: Evernorth Holdings debuted on Nasdaq under the ticker XRPN following its business combination with Armada Acquisition Corp. II, holding approximately 473 million XRP valued at roughly $648 million. Despite the milestone of becoming the largest public pure-play XRP treasury company, XRP dropped more sharply than Bitcoin and Ethereum, while XRPN stock slipped to ...
Key Highlights: Crypto perpetual futures tied to major chip stocks like SanDisk, SK Hynix, and Micron, as well as the triple-leveraged SOXL ETF, saw millions in liquidations following a sharp tech selloff in Seoul. While tech contracts were hit by long liquidations, crude oil bucked the trend with short bets dominating wipeouts as Brent hovered ...
Key Highlights Evernorth completed a public market transaction backed by roughly 473 million XRP and approximately $300 million in gross cash proceeds before expenses. Led by Founder and CEO Asheesh Birla, the firm aims to boost XRP-per-share metrics using institutional and decentralized finance yield strategies alongside blockchain infrastructure investments. The public debut features a Nasdaq ...
Key Highlights Evernorth enters the public markets with an active treasury of approximately 473 million XRP alongside roughly $300 million in gross cash proceeds. Trading under the ticker XRPN, the vehicle provides Wall Street investors exposure to an operating treasury deploying capital into yield strategies, on-chain credit, and XRP ecosystem infrastructure. Technical analysts eye a ...
Key Highlights Evernorth is scheduled to begin trading on the Nasdaq under the reassigned ticker symbol XRPN on October 12, following a brief administrative delay. Backed by prominent industry players including Ripple, SBI Group, and Pantera Capital, Evernorth aims to increase XRP per share through institutional and decentralized finance strategies. A celebratory campaign featuring artist ...
Key Highlights: XRP traded near the $1.40 level on Sunday as market participants watched for potential upside momentum. Broader market metrics remained solid, with Bitcoin holding above $83,000, Ethereum hovering near $2,500, and total crypto market capitalization reaching $2.81 trillion. Trader sentiment centers on potential catalysts, including the anticipated Nasdaq market debut of Evernorth. Cryptocurrency ...