Tagged: xrp

Binance Spends Half Its SAFU Bitcoin (BTC) After Hack While North Korea’s Kim Jong-un Rejects Blame for Incident

Kim Yo-jong, the sister of North Korean leader Kim Jong-un and a senior official, has dismissed U.S. claims that Pyongyang orchestrated the largest cryptocurrency theft on record—an estimated $6.3 billion to $6.4 billion drain of Binance hot wallets on October 29, 2026. In a statement… Read More

Ripple Targets $900M Revenue Run Rate as Stablecoin RLUSD Earns Moody’s Rating and Institutional Focus Accelerates

Ripple is projecting that it will finish 2026 with an annualized product revenue run rate of $900 million as it deepens its institutional focus across payments, custody, stablecoins, prime brokerage, and treasury services. The company reported that the number of customers and partners simultaneously using… Read More

Strive ($ASST) Stacks 43,000 BTC, Strategy ($MSTR) Pauses for STRC Buybacks, Bitmine ($BMNR) Adds More ETH

Digital asset treasury firms continued to adjust their approaches this week as crypto prices remained under pressure in what many describe as an extended bear market following Bitcoin’s peak above $126,000 in late 2025. While some companies pressed ahead with accumulation, others prioritized capital structure… Read More

XRP Ledger Gains Traction with Banks and Autonomous AI Systems Beyond Spot Trading

The XRP Ledger (XRPL) is extending its utility well past cryptocurrency trading into institutional settlement and machine-driven commerce. Financial institutions are increasingly turning to the network for cross-currency transfers, while autonomous software agents now handle substantial volumes of automated payments. Developments involving tokenized investment vehicles,… Read More

Uphold Adds Evernorth’s XRPN Shares, Opening a New Route for U.S. Investors to an XRP Treasury Company

Digital asset platform Uphold has made shares of Evernorth Holdings Inc. (NASDAQ:XRPN) available for trading, giving qualifying US clients an additional channel to invest in a business centered on XRP. The listing, announced in mid-October 2026, allows eligible users to buy fractional stakes in the… Read More

Bitcoin Price Holds Steady Near $83K Amid BTC Whale Activity and Broader Ethereum, Crypto Market Volatility

Bitcoin has remained range-bound in the low-to-mid $82,000s to $83,000s into mid-October 2026, trading with limited directional conviction after failing to deliver the stronger seasonal advances historically associated with the month. Daily closes have clustered near these levels following a brief dip toward the low… Read More

Evernorth Pushes Expected XRP Treasury Nasdaq Debut to October 12 Following Administrative Delay

Investors seeking exposure to Evernorth’s planned XRP treasury through public markets will wait slightly longer than first indicated after the company adjusted its merger and listing timetable. In an October 6 statement, Evernorth said an administrative delay had shifted its expected schedule, while emphasizing that… Read More

Bitwise CIO Explains that XRP’s Institutional Value-Proposition Rests on Durability and Familiar Use-Cases

Bitwise Chief Investment Officer Matt Hougan has argued that XRP’s pull with certain institutional investors, especially financial advisors, rests on two plain considerations: confidence that the asset will still exist years from now, and a set of uses those advisors already recognize. The comments appear… Read More

XRP Treasury Firm Evernorth Clears Shareholder Vote Ahead of Oct 8 Nasdaq Debut

Evernorth Holdings has cleared a decisive shareholder hurdle on the way to a planned Nasdaq listing, after investors in its blank-check merger partner backed the deal that would turn the firm into a publicly traded vehicle centered on XRP. Evernorth and Armada Acquisition Corp. II… Read More

Uphold Launches Digital Assets Inheritance for XRP, Bitcoin, and HBAR

Uphold has rolled out Vault Inheritance, which is described as a legacy-planning option for customers who keep Bitcoin, XRP, and Hedera in the platform’s assisted self-custody wallet. The company framed the product as a response to a problem unique to crypto: legal title can pass… Read More

Evernorth Holdings Commits $30M in Notes to Acquire XRP Tokens and Fund Ecosystem Work

Evernorth Holdings has arranged a $30 million convertible note facility intended to expand its XRP holdings and fund related work across the XRP Ledger ecosystem. The commitment was disclosed in a September 17, 2026 Form 8-K filed with the US Securities and Exchange Commission (SEC)…. Read More

US Spot XRP ETFs Reach Nearly $1.7B in Cumulative Net Inflows

US listed spot XRP exchange-traded funds (ETFs) have now drawn about $1.68 billion in cumulative net subscriptions since they began trading last November, according to the latest industry tallies. The figure underscores a durable, if uneven, institutional bid for regulated exposure to the token even as… Read More

Bitwise Asset Management’s XRP ETF Tops $500M in AuM

Bitwise Asset Management’s spot XRP exchange-traded fund has crossed a notable threshold, reaching more than $500 million in assets under management only nine months after it started trading. The firm shared the update on August 31, 2026, highlighting how quickly the product has drawn capital… Read More

CME Group Captures Larger Share of XRP Futures as Crypto Token Surges Almost 40% in Past Week

XRP advanced sharply in late August, rising from about $0.99 on August 17 to roughly $1.38 by August 31. That gain of nearly 40 percent arrived alongside a contraction in overall futures exposure, a combination that often signals traders were taking risk off rather than… Read More

Evernorth’s SEC Registration Takes Effect, Opening Path to Nasdaq Listing as XRP Treasury Firm

Evernorth Holdings, a firm built around holding and managing XRP for institutional investors, said this week that US regulators have declared its Form S-4 registration statement effective. That step removes a major filing hurdle and moves the company closer to a public listing on Nasdaq… Read More

Bank of Montreal Discloses XRP Linked ETF Holdings in Investment Portfolio

Canada’s Bank of Montreal (BMO) (BMO.TO) has reported a minimal position in XRP-related exchange-traded funds as part of its latest quarterly holdings disclosure to US regulators. The Form 13F-HR filing, submitted on August 12, 2026, covers reportable securities held as of June 30, 2026, and… Read More

XRP Ledger Update Introduces Privacy and Institutional Features for Tokenized Assets

The XRP Ledger’s reference server software, xrpld version 3.3.0, is now available. This release packages several proposed protocol amendments focused on privacy, operational efficiency, and support for institutional use of Multi-Purpose Tokens (MPTs), the ledger’s standard for tokenized financial instruments such as funds and bonds…. Read More

Large XRP Investors Maintain Steady Holdings in Downturn as Ethereum (ETH) Faces Greater Investor Losses

On-chain data reveals that major XRP holders have continued building positions throughout the recent market decline, even as prices remained range-bound. At the same time, Ethereum metrics highlight more evident paper losses among its broader holder base compared with Bitcoin and XRP. According to analysis… Read More

Enterprise Blockchain Firm Ripple Introduces Ripple Mint to Streamline Institutional Access to Stablecoin RLUSD

Enterprise blockchain company Ripple has rolled out Ripple Mint, a platform designed to help institutional clients more efficiently handle its USD-backed stablecoin, RLUSD. The new offering aims to help organizations to create, redeem, transfer across networks, and oversee RLUSD holdings either through a web-based console… Read More

Ripple Labs Leadership Once Considered Company Dissolution and Pro-Rata XRP Distribution to Shareholders

Ripple CEO Brad Garlinghouse recently shared that in the wake of the US Securities and Exchange Commission’s (SEC) 2020 enforcement action, he and co-founder Chris Larsen carefully evaluated shutting down the organization and allocating its extensive XRP reserves directly to equity holders. This alternative would… Read More

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