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Somehow, Ripple managed to lose investors’ money on the first trading day of its new digital asset treasury (DAT), Armada Acquisition Corp II (AACI). It immediately flatlined, closing negative for the day and failing to break a multi-month losing streak in XRP stocks. At 8am yesterday, New York time, Ripple was mentioned in a glowing press release featuring a who’s who of crypto industry titans: Kraken, SBI, Pantera, GSR, and Arrington Capital. The companies boasted about their “regulated, liquid, and transparent structure” that would supposedly “act as a long-term catalyst for the adoption and institutionalization of the XRP Ledger.” For less than seven minutes and on so little volume that Yahoo! Finance rounded it to 0, shares of AACI ticked up for a 2.5% gain over the prior day’s closing price. Every other trade for the day was lower. Evernorth headed south Despite its upcoming name change to Evernorth and symbol change to XRPN, its share price certainly...

XRP is currently recovering from the recent market dip, and technical indicators suggest the asset might be gearing up for a potential 1,000% surge in the current cycle. According to pseudonymous crypto analyst ChartNerd , this bullish outlook is based on six-month candle formations, which indicate that XRP has not yet entered a bearish phase. In an X post on October 19, the analyst noted that technical projections based on Fibonacci extension levels point to a progressive rally ahead.  XRP price analysis chart. Source: ChartNerd The first target zone aligns near $5, marking the next major impulse phase. A subsequent advance could lift prices toward the $8 to $13 range, setting the stage for the cycle’s peak at approximately $27, corresponding to the 1.618 Fibonacci extension level. Historically, XRP has followed similar breakout patterns, such as the one seen in 2017–2018, which preceded a substantial parabolic surge.  “I expect continuation to ...

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SEA token launch represents OpenSea‘s evolution from an NFT marketplace into a comprehensive Web3 trading ecosystem. The platform crossed $2.6 billion in trading volume this month, with over 90% from token trading. The SEA token launch will introduce staking and rewards programs, and also establish token buybacks using 50% of platform revenue. OpenSea crossed $2.6B in trading volume this month, with over 90% from token trading. This is just the beginning of our transformation, from “NFT marketplace” to “trade everything.” NFTs were chapter one for us. In 2021, OpenSea brought the first wave of everyday internet users… — dfinzer.eth | opensea (@dfinzer) October 17, 2025 How SEA Token Launch Expands Web3 Trading and Rewards Building the Web3 Trading Ecosystem The SEA token launch was scheduled for for Q1 2026, and also aims to unify the trading with multiple asset types. OpenSea‘s vision was expresssed by saying that: “Trade everything. Tokens. NFTs. Culture. Art. ...

Verizon outage reports hit 7,531 on Thursday night, sparking concerns about network reliability as the telecom giant’s partnership with GE Vernova faces increased scrutiny. The Verizon down spike affected major cities and raised questions about infrastructure stability at a critical time. Verizon outage map across US – Source: Verizon Verizon Down Reports Surge Amid GE Vernova Partnership Fallout The Verizon outage peaked around 8 AM, with connectivity issues reported across New York, Detroit, Chicago, and other metropolitan areas. Network monitoring systems tracked the surge in complaints throughout the night, and the disruption lasted several hours before service was gradually restored. 24-hour Verizon outage report graph – Source: downdetector.com Fiber Optic Vandalism Adds to Network Concerns Fiber optic vandalism in Los Angeles County compounded the Verizon outage issues, with deliberate infrastructure attacks targeting multiple sites. These incidents highlight on...

Five Russians accused of processing at least $37 million in illegal crypto transactions as part of a money laundering operation have been arrested by police in Georgia. Georgia’s Ministry of Finance revealed the arrests, made in coordination with the Georgian Prosecutor General’s Office, on Thursday.  The group allegedly ran a crypto transfer service in Georgia without registering with the country’s national bank and was accused of “legalizing illegal income.”  According to authorities, in the past few months, it’s processed crypto transactions worth hundreds of millions of Georgian Lila. One hundred million Lila is equal to about $37 million.  Users were also offered a “courier” service that would allegedly transport foreign currency across the border, dodging authorities, before converting the funds into crypto.  Footage of the seized funds taken by Georgian authorities. Read more: Has Garantex-linked Grinex dodged sanctions to move $6 bil...

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As the cryptocurrency market continues to search for a breakout after the October 10 crash, several assets are overstretched with increased trading activity.  However, this capital inflow has pushed some assets into overbought territory, with relative strength index (RSI) readings surpassing the 70 threshold.  Notably, assets in this overbought zone may be poised for a possible correction or consolidation in the coming sessions. PAX Gold (PAXG) PAX Gold (PAXG) is trading around $4,213.22, elevating its 24-hour RSI to 87.16, well above typical overbought levels.  PAXG RSI and price chart. Source: Coinglass Traders are loading into PAXG heavily amid the ongoing gold rally, as spot gold is being bid aggressively amid macroeconomic uncertainty.  This heightened interest is compressing volatility to the upside and pushing momentum indicators like RSI into extreme zones.  Notably, the sheer volume of capital flowing into PAXG leave...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...