BitRiver, once Russia’s dominant Bitcoin mining force, is teetering on the brink of collapse, ensnared by a perfect storm of crippling lawsuits, government shutdowns, and international isolation. The company’s rapid descent from managing over 175,000 rigs to facing bankruptcy proceedings underscores the extreme volatility and regulatory peril facing large-scale crypto miners in restrictive markets, even as Russia’s broader mining sector continues to expand.
about Russia's Largest Bitcoin Miner BitRiver Nears Collapse Amid Legal Woes
SBI
Japan Integrates XRP Into Regulated Capital Markets Infrastructure
Japan is embedding XRP into its core capital flow infrastructure, signaling a structural shift for the digital asset. This integration moves XRP beyond cross-border payments into regulated settlement layers aligned with institutional standards. The development opens access to trillions in equity rails and structured financial products, marking a decisive inflection point for the cryptocurrency’s role in modern finance.
about Japan Integrates XRP Into Regulated Capital Markets InfrastructureSony’s Soneium Launches USDSC Stablecoin with M0 Infrastructure
Sony’s Ethereum layer-2 network, Soneium, has officially launched its institutional-grade dollar stablecoin, Startale USD (USDSC), establishing a foundational settlement currency for its digital ecosystem. Powered by the M0 platform’s infrastructure, the launch arrives amid significant regulatory momentum for stablecoins in Japan, positioning Sony at the forefront of integrating blockchain technology with its vast entertainment and financial ambitions.
about Sony's Soneium Launches USDSC Stablecoin with M0 InfrastructureRipple-Backed Evernorth SPAC to Raise $1B for XRP Treasury
Evernorth, a Ripple-backed treasury firm, has announced a $1 billion SPAC merger to build a massive XRP treasury. The deal with Armada Acquisition Corp II will list under the XRPN ticker and is scheduled to close in Q1 2026. Market analysts are watching closely as the funding structure could create significant supply pressure on XRP markets.
about Ripple-Backed Evernorth SPAC to Raise $1B for XRP TreasuryEvernorth 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 TreasuryRipple’s Evernorth to Raise $1B, Larsen Invests 50M XRP
In a landmark move for cryptocurrency institutional adoption, Ripple-backed venture Evernorth is pursuing a Nasdaq listing through a SPAC merger that could raise over $1 billion specifically for XRP accumulation and development. This institutional push comes alongside Ripple co-founder Chris Larsen’s strategic investment of 50 million XRP into the new firm, creating contrasting narratives within the XRP ecosystem as the token faces recent price volatility and shifting market sentiment.
about Ripple's Evernorth to Raise $1B, Larsen Invests 50M XRPXRP Could Hit $50 in 5 Months: 9 Catalysts Revealed
Veteran investor Pumpius, who has monitored cryptocurrency markets since 2013, predicts XRP could surge to double digits and potentially reach $50 within the next five months. His analysis identifies nine converging catalysts including potential ETF approvals, Ripple’s expanding banking partnerships, improved regulatory clarity, and technical indicators suggesting significant price compression. With XRP currently trading around $3.02, these factors could combine to create what Pumpius describes as a perfect storm for substantial price appreciation.
about XRP Could Hit $50 in 5 Months: 9 Catalysts RevealedXRP’s Real-World Utility Beyond Price Speculation
XRP is demonstrating significant real-world utility beyond market speculation, transforming how cross-border payments and loyalty programs operate. Major financial institutions are increasingly adopting XRP for settlement and reserve purposes. This practical adoption is turning the digital asset from an investment vehicle into an everyday payment solution.
about XRP's Real-World Utility Beyond Price SpeculationSBI Partners with Circle, Ripple, Startale for Japan Stablecoin & Tokenization
SBI Group has formed three strategic blockchain partnerships to launch stablecoin ventures and a tokenized asset trading platform in Japan. The Japanese financial conglomerate is collaborating with USDC issuer Circle and XRP developer Ripple for stablecoin-related initiatives, while partnering with Singapore-based Startale to develop an on-chain trading platform for tokenized stocks and real-world assets (RWAs). This move represents a major advancement in Japan’s digital asset infrastructure, enabling round-the-clock trading of traditional financial instruments through blockchain technology. The partnerships signal SBI’s commitment to bridging traditional finance with emerging Web3 technologies and position Japan as a leader in institutional blockchain adoption.
about SBI Partners with Circle, Ripple, Startale for Japan Stablecoin & TokenizationSBI CEO Predicts XRP Adoption Boom Amid Ripple Expansion
SBI Global Asset Management CEO Tomoya Asakura has highlighted XRP’s expanding role in global finance, calling it a transformative asset. Ripple’s partnerships, including BNY Mellon as custodian for its RLUSD stablecoin, and its U.S. banking license application signal deepening institutional engagement. Meanwhile, XRP’s market cap neared $170 billion amid a price rally, and SBI—Ripple’s largest external investor—continues to drive adoption through remittance services and validator nodes. With key ETF decisions pending in July, the market awaits regulatory clarity that could further cement XRP’s position in both retail and institutional finance.
about SBI CEO Predicts XRP Adoption Boom Amid Ripple ExpansionXRP vs XLM: AI Predicts 2025 Winner in Crypto Battle
This week, the cryptocurrency market witnessed BTC reaching a new all-time high, while altcoins like XRP and XLM surged with double-digit gains. Four top AI models—ChatGPT, Gemini, Grok, and Perplexity—were asked to predict whether XRP or XLM would perform better in 2025. The AIs largely favored XRP, citing factors such as institutional adoption, regulatory clarity, and potential spot ETF approvals. XLM, while showing strong weekly gains, was seen as lacking the institutional backing and large-scale use cases that XRP enjoys. Despite XLM’s recent surge, the AIs concluded that XRP is better positioned for long-term dominance, though XLM could benefit from its higher growth potential in the short term.
about XRP vs XLM: AI Predicts 2025 Winner in Crypto BattleIOTA & XDC Lead $20T Digital Trade Transformation
The global trade and trade finance market, valued at $20 trillion, is being transformed by blockchain networks IOTA and XDC. XDC Network, with its hybrid blockchain tailored for enterprise use, addresses the $5 trillion trade finance gap through partnerships with major banks and institutions like ITFA and ICC. It offers near-zero gas fees, EVM compatibility, and ISO 20022 compliance. Meanwhile, IOTA powers the Trade Logistics Information Pipeline (TLIP), a World Economic Forum initiative, with its feeless, scalable DAG architecture, enabling paperless trade and digital transactions in regions handling $32 trillion in volume. Both networks are modernizing global trade infrastructure, offering solutions for tokenization, automation, and secure data flow.
about IOTA & XDC Lead $20T Digital Trade Transformation