🇺🇸 More XRP? Evernorth Makes Its Next Move After Nasdaq Debut With $80.7M Funding Plan
- Evernorth Holdings has filed to raise up to $80.7 million through a committed equity facility with Cantor Fitzgerald to support its XRP treasury strategy. - The company plans to sell up to 5,218,935 shares of its Class A common stock, using the funds for general corporate purposes, including purchasing more XRP and developing products within the XRP ecosystem. - Following its Nasdaq debut, Evernorth aims to collaborate with financial partners to deploy XRP into institutional strategies and explore opportunities within the XRP Ledger as it develops lending and on-chain credit markets.
Zcash (ZEC) Rallied Hard This Year, But Is the Party Finally Over?
- ZEC has experienced significant volatility, briefly reaching $1,700 in September before a 20% decline over the past month, raising concerns about a potential deeper price correction. - Despite recent inflows into Grayscale's ZEC ETF totaling $41.09 million, ZEC's price struggles continue, with critical support identified at $834, below which further declines could occur. - Cameron Winklevoss suggests ZEC could serve as an "AI hedge" in crypto, potentially reaching over $5,000 per coin if it captures a larger market share relative to Bitcoin.
Canada’s Draft Stablecoin Rules Cap Redemption Fees at 1% and Ban Yield
Ottawa opened a 60-day consultation on draft rules requiring one-to-one reserves and fast redemption from stablecoin issuers, while keeping the ban on paying holders interest.
Vitalik Buterin Backs Kimi 3.1 Limits on Advanced Cyberattack Tools
- Vitalik Buterin supports the AI model Kimi 3.1's decision to exclude advanced offensive cyber capabilities from its training data, believing it allows defenders more preparation time. - He emphasizes that restricting use cases is preferable to discriminating against users, warning against potential dystopian outcomes if AI risks are not managed properly. - Buterin acknowledges that while some labs will develop these capabilities regardless, the filtering is intended to delay their emergence rather than prevent them entirely.
Unitree Stock Jumps as Investors Bet Chatbot AI Will Finally Give Robots a Brain
Unitree's shares have jumped about 60% in under two weeks as investors bet OpenAI's GPT-6 Astra will give robots the brains they lack, turning the stock into an AI proxy.
NBA Embraces the CFTC on Prediction Markets as the NFL Fights It in Court
The agreement, which follows similar deals with MLB and NHL, establishes information-sharing to guard against insider trading as sports betting migrates to CFTC-regulated venues.
Bitcoin’s $80K Price Level Is Back in Focus as Bulls Look for a $94K Rebound
- Bitcoin is potentially forming a local bottom around $80,000, with this range acting as a significant accumulation zone for larger investors. - Despite a bearish sentiment among retail traders, the market shows signs of reduced selling pressure and renewed buying interest, suggesting a possible recovery towards $94,000. - Divergence in exchange flow data indicates retail inflows to Binance are at a six-month high, while whale deposits have decreased, highlighting differing behaviors between retail and larger holders.
AI Agents Found a Way Into Anthropic's Business Systems in Under 12 Hours
Cathedral, a startup founded by ex-DOGE staffers, says its AI agents found paths into Anthropic's sales, HR, and IT systems through third-party software.
Analyst Sets Downside Targets for 3 AI-Related Altcoins
- Analyst Ali Martinez warns that Venice Token (VVV), OriginTrail (TRAC), and AI Rig Complex (ARC) are showing bearish patterns, indicating potential for significant price declines. - VVV could drop to $13 or $11 if it closes below its neckline at $21, while TRAC may fall to $0.26 if it breaches its support at $0.38. - ARC is at risk of sliding to $0.030 or lower if it fails to maintain its mid-range level around $0.060, with a daily close below this support signaling further declines.
SpaceX Locks Up $40 Billion for AI Chips as Musk Warns Most Neoclouds Will Die
Elon Musk** says SpaceX closed a $40 billion chip deal with Apollo while lenders shut the door on smaller AI** cloud firms, a split that could decide who controls computing.
‘Incredibly Frustrating:’ Ethereum Foundation’s Latest ETH Sale Draws Criticism
- The Ethereum Foundation has reportedly resumed selling tokens, offloading 2,785 ETH for approximately $6.42 million, which has negatively impacted investor sentiment and pushed ETH's Fear and Greed Index deeper into fear territory. - Notable sell-offs include a long-inactive investor dumping 1,500 ETH and Maelstrom CIO Arthur Hayes selling about $22.28 million worth of altcoins, including 6,400 ETH, citing a bearish market outlook. - In contrast, BitMine is increasing its ETH holdings, purchasing an additional 10,452 units and aiming to control 5% of Ethereum's total supply, indicating a divergence in market sentiment.
🇮🇳 India’s CoinDCX Confirms $16 Million Loss Days After CEO Called It a ‘False Alarm’
The Mumbai-based exchange says 15.99 million USDT was drained from wallets it retired after last year’s $44 million hack, bringing its combined losses to nearly $60 million—and it’s absorbing the hit.