Spot Bitcoin and Ethereum exchange-traded funds (ETFs) experienced a massive $996 million single-day exodus on Wednesday, marking one of the most significant outflows in months. The retreat from cryptocurrency exposure coincided with a dramatic geopolitical pivot by former President Donald Trump regarding Greenland, underscoring Bitcoin’s current trading behavior as a volatile, risk-on asset rather than the stable ‘digital gold’ some proponents envision. This episode highlights how traditional market sensitivities and geopolitical headlines continue to dictate short-term crypto market movements.
about Crypto ETFs Bleed $996M as Trump Greenland Shift Sparks Risk-Off MoveGSR
0 in Finance and 0 in Crypto last weekBitcoin Poised for Santa Rally as Market Leverage Declines
Bitcoin may be gearing up for a strong year-end rally as excessive speculative leverage has been flushed from the market, according to Coinbase Institutional. The cryptocurrency’s market structure appears healthier with reduced vulnerability to sharp declines. Analysts point to low perpetual funding rates and a potential catch-up rally relative to tech stocks as bullish signals for a December surge.
about Bitcoin Poised for Santa Rally as Market Leverage DeclinesTrueNorth Raises $3M to Build Specialized AI for Trading
A stark paradox defines today’s AI-driven markets: while over half of investors now use tools like ChatGPT for trading decisions, a mere 11% trust the results. This trust gap, representing billions in potential misallocated capital, is the core problem TrueNorth aims to solve. The startup, founded by veterans from Meta, Temasek, and Goldman Sachs, has just secured $3 million in pre-seed funding to build what it calls “the reasoning layer for financial intelligence”—a domain-specific AI designed to stop hallucinating when money is on the line.
about TrueNorth Raises $3M to Build Specialized AI for TradingEvernorth Nears $1B XRP Goal, Boosting Institutional Adoption
Evernorth is rapidly approaching its ambitious $1 billion XRP treasury target, having accumulated 95% of its goal in just days. This massive institutional accumulation signals a potential turning point for XRP’s adoption beyond Bitcoin and Ethereum. The company’s strategic approach and high-profile partnerships are generating significant excitement in the crypto community.
about Evernorth Nears $1B XRP Goal, Boosting Institutional AdoptionEvernorth’s $1B XRP Purchase Signals Institutional Crypto Shift
In a stunning display of institutional conviction, newly-formed treasury company Evernorth has acquired nearly $1 billion worth of XRP in its first week of operation, generating approximately $75 million in unrealized gains and signaling Wall Street’s accelerating pivot toward the once-controversial digital asset. The company’s aggressive accumulation strategy, which has already completed 95% of its $1 billion purchase target, represents one of the largest institutional entries into the XRP market and has contributed to the token’s recent 6% price surge to $2.64.
about Evernorth's $1B XRP Purchase Signals Institutional Crypto ShiftRecord $31B Bitcoin Options Expire Amid Market Volatility
A record $31 billion in Bitcoin options are set to expire on Halloween, creating potential for significant market volatility. This comes despite October’s flash crash that wiped out $19 billion in leveraged positions, with traders closely watching Federal Reserve policy decisions and key technical levels that could trigger the next major price movement.
about Record $31B Bitcoin Options Expire Amid Market VolatilityEvernorth Raises $1B for Institutional XRP Treasury
Evernorth Holdings has launched through a landmark SPAC merger with Armada Acquisition Corp II, creating a regulated bridge for institutional XRP exposure. The company plans to raise over $1 billion from major investors including SBI, Ripple Labs, and Pantera Capital to establish a massive XRP treasury while pursuing active yield generation strategies. This represents a significant evolution in bringing cryptocurrency to traditional financial markets through Nasdaq listing.
about Evernorth Raises $1B for Institutional XRP TreasuryGold Plunges as Bitcoin Rises on Risk Appetite Shift
Gold experienced its largest single-day drop in over a decade while Bitcoin and Ethereum climbed higher on Tuesday, signaling a dramatic tactical rotation from safe-haven assets to riskier investments. The 5.5% plunge in gold prices to $4,118 per ounce—coming just after the precious metal hit a record $4,395—contrasted sharply with Bitcoin’s 1% gain to $112,000 and Ethereum’s 0.7% rise to $4,000, as analysts pointed to easing geopolitical tensions, strong corporate earnings, and expectations of dovish Federal Reserve policy driving the market divergence.
about Gold Plunges as Bitcoin Rises on Risk Appetite ShiftEvernorth to Build $1B XRP Treasury via SPAC Merger
Evernorth Holdings is poised to become one of the first public companies to anchor its balance sheet significantly in XRP through a landmark SPAC merger with Nasdaq-listed Armada Acquisition Corp. II. The transaction, expected to generate over $1 billion in gross proceeds including a $200 million anchor investment from Japan’s SBI Holdings, signals a major milestone in institutional adoption of digital assets as corporate treasury instruments. With backing from industry heavyweights including Ripple, Pantera Capital, Kraken, and GSR, Evernorth aims to capitalize on growing institutional demand for publicly-traded digital asset firms while building one of the world’s largest XRP treasuries through open-market purchases.
about Evernorth to Build $1B XRP Treasury via SPAC MergerEightco Launches AI Authentication Pilot for Enterprises
Eightco Holdings Inc. (NASDAQ: ORBS) has launched a groundbreaking pilot program to address one of the most pressing challenges in enterprise technology: scalable AI authentication. As corporations pour trillions into artificial intelligence implementation, the lack of reliable human-proof verification systems has emerged as a critical bottleneck. Backed by a formidable consortium of strategic investors including Kraken, Pantera, and Brevan Howard, along with a unique Worldcoin treasury strategy, Eightco aims to establish itself as the global authentication layer that enterprises can trust at scale.
about Eightco Launches AI Authentication Pilot for EnterprisesEightco Launches Worldcoin Treasury Strategy Targeting $8B Valuation
Eightco Holdings Inc. (NASDAQ: ORBS) has launched an aggressive Worldcoin treasury strategy targeting 800 million WLD tokens with a projected $10 valuation per token, representing an $8 billion potential valuation. The company’s ambitious ‘Power of Eight’ initiative comes as the World network surpasses 17 million verified humans and aims to reach 100 million within twelve months, positioning World ID as the universal authentication solution for the AI era.
about Eightco Launches Worldcoin Treasury Strategy Targeting $8B ValuationGSR Files for Crypto Treasury ETF, Expands ETF Suite
In a strategic pivot that signals the deepening integration of cryptocurrency into mainstream finance, leading market maker GSR has filed for a groundbreaking exchange-traded fund. The proposed ‘digital asset treasury company’ ETF would invest not in tokens like Bitcoin or Ethereum directly, but in the equity of publicly traded companies that hold significant digital assets on their balance sheets. This novel approach, filed as the U.S. Securities and Exchange Commission (SEC) streamlines its crypto ETF approval process, offers investors a unique ‘meta-exposure’ to the crypto ecosystem and represents a significant evolution in crypto-linked investment products.
about GSR Files for Crypto Treasury ETF, Expands ETF Suite