Author: John Smith
XRP focused treasury firm Evernorth has officially filed with the SEC to go public on Nasdaq. Summary Evernorth filed a Form S 4 with the SEC, moving closer to its planned Nasdaq listing through a merger with Armada Acquisition Corp II. The proposed deal is expected to generate over $1 billion in proceeds, which will primarily fund the buildout of a large-scale XRP treasury strategy. Per the official statement published on Wednesday, Evernorth has filed a Form S-4 registration statement with the US Securities and Exchange Commission as it now awaits final regulatory clearance before proceeding with its planned listing.…
XRP has legal clarity and sits in a post‑parabolic range; models see slow upside toward 2026–2030, with any real breakout hinging on Ripple turning hype into payment volume. Summary XRP trades in the mid‑$1.40s and is negative year‑to‑date after a huge 2024–2025 run, behaving like a large‑cap alt digesting gains rather than a meme coin about to explode. The 2025 SEC settlement treated XRP as a non‑security for exchange trading, imposed manageable penalties on Ripple, and lifted the lawsuit overhang, but shifted the story from court drama to execution risk. Base‑case models cluster around a gradual climb (roughly $1.7–$1.9 by…
Sen. Cynthia Lummis says the Digital Asset Market CLARITY Act “must be completed by the end of the year,” with Republicans planning a late‑April Banking Committee markup after months of delay. Summary Lummis told colleagues the CLARITY Act “must be completed by the end of the year,” and said Republican members of Senate Banking aim to start markup in late April after Easter. The bill would split oversight of “digital commodities” and securities between the CFTC and SEC, set rules for exchanges and issuers, and plug gaps left by the 2025 GENIUS Act stablecoin law. A dispute over banning passive…
Pi has morphed from a hyped IOU into a battered $0.18 L1; 2026’s open mainnet will decide whether it earns real usage or just fuels another round of unlocked sell pressure. Summary Pi now trades near $0.18 with a roughly $1.7–1.8 billion market cap after an 80–90% rally toward $0.30 faded, as unlocks and miner distribution keep it pinned near cycle lows. The 2026 “open mainnet” pivot — stricter KYC, biometric checks and migrating 2.5 million users into a compliant, transferable environment — is the only real catalyst beyond more supply hitting order books. External forecasts mostly cluster around range‑bound…
The Bank of Korea has kicked off Phase 2 of Project Hangang, expanding its digital won pilot to nine banks and, for the first time, using CBDC-linked deposit tokens for real government subsidy payments. Summary The BOK’s Project Hangang Phase 2 extends its wholesale CBDC and deposit-token pilot from seven to nine banks and introduces live government subsidy disbursement as a core test case. New features such as biometric approvals, P2P wallet transfers and automatic top-ups aim to fix Phase 1’s weak engagement, when only ~80,000 of 100,000 invited users opened wallets and volume stayed below 700 million won despite…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. CoinEx launches Dual Investment product to help traders earn rewards during volatile market conditions. Summary CoinEx unveils dual investment, enabling crypto holders to earn interest while targeting specific buy or sell prices. Traders can now grow their crypto holdings with CoinEx’s Dual Investment, earning yields even during market swings. Dual investment by CoinEx offers high APY rewards, letting investors lock USDT or BTC with conditional price targets. CoinEx has launched a product called dual investment, which allows traders to…
Polymarket has acquired DeFi infrastructure startup Brahma, folding its smart-account execution layer into a prediction market now eyeing a $20B valuation and an AI‑driven, onchain future. Summary Polymarket bought Brahma, a DeFi infrastructure startup for programmable smart accounts and automated execution, in its third acquisition in under a year as it eyes a $20 billion valuation. Brahma will wind down outside partnerships and focus on Polymarket’s stack, streamlining wallets, deposits, asset routing and result-token redemptions while helping bring deeper liquidity into niche contracts. The deal follows earlier QCEX and Dome buys and comes as algorithmic traders and AI bots dominate…
Gemini’s GEMI stock is down about 3% over 24 hours and trading below $6 even as Bitcoin, Ethereum and Coinbase rebound, signaling growing decoupling from the crypto rally. Summary GEMI opened near $5.95, about 3% below its 24‑hour level and near the bottom of today’s $5.92–$6.98 range, a pattern that suggests distribution rather than fresh accumulation. After a 2025 IPO at $28 and a first‑day pop to ~$37, the stock has traced a classic post‑hype round‑trip as exploding losses, heavy spend and thin liquidity leave late‑cycle retail deep underwater. Bitcoin and Ethereum have rebounded on ETF flows while Coinbase trades…
Canada’s FINTRAC has yanked 23 crypto MSBs from its registry in a single sweep, escalating an AML crackdown that now targets exchanges, ATMs and offshore operators alike. Summary FINTRAC revoked the registrations of 23 money services businesses offering crypto services, citing failures to respond to information requests, keep records updated, or meet AML eligibility conditions. The move follows Finance Minister François‑Philippe Champagne’s February order to “mobilize resources” against illicit finance and high‑risk virtual currency businesses, including crypto ATMs and foreign operators. Ottawa has already signalled its direction with a record C$176.96 million fine against Cryptomus operator Xeltox in 2025, and…
Hyperliquid price rallied over 20% in the past seven days, reclaiming $40 as support, driven by record commodities trading activity on its perpetual futures markets. Summary Hyperliquid price rose over 20% in a week, reclaiming $40 support amid record trading volumes in commodity perpetual futures like oil and silver. Whale activity surged, with over $3.6 billion in leveraged positions boosting liquidity and supporting continued price momentum. Bullish technical indicators and strong inflows signal potential upside, with $50 as the next key resistance and all-time highs in focus. According to data from crypto.news, Hyperliquid (HYPE) price rallied 22% to a four-month…