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Understanding Today’s Crash in XRP Prices: Ripple Whales Behind the Move Below $2.5?

Ripple’s (XRP) rebound above $2.5 just days after dropping below $1.90 was rather short-lived as it currently trades near $2.4. Data now suggests massive whale movements toward Binance confirm profit-taking and panic-selling patterns. XRP Holders Unload Their Bags Since the start of October, XRP whales have shown a notable change in behavior amidst growing selling […]

Ripple-Backed Evernorth Raises Over $1 Billion for Institutional XRP Exposure

Evernorth Holdings Inc., a newly formed Nevada corporation that aims to enable institutional adoption of Ripple (XRP), has officially launched and entered a business combination agreement with Armada Acquisition Corp II, a publicly traded special purpose acquisition company (SPAC). The company said it will combine public market access with an active treasury model to offer […]

BitMine Still Buying The Dip, Tom Lee Has Scooped $1.7B ETH Since Crash

BitMine Immersion Technologies has made its fourth purchase of Ether since the record liquidity flush on October 10. The company scooped up $250 million in ETH from Bitgo and Kraken on Monday, according to Arkham Intelligence which said “These accounts match Bitmine’s prior acquisition pattern.” “Will Tom Lee ever stop buying?” 3.2 Million ETH Holdings […]

Delayed CPI Inflation Report Could Impact Crypto Markets This Week

Crypto markets have consolidated over the weekend with minor gains for the major assets, but no signs of renewed bullish momentum just yet. Despite the US government shutdown, the week ahead has a key inflation report delayed from September that is likely the last major piece of economic data the Federal Reserve will receive before its […]