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Bitcoin Is Lagging — But the Catch-Up Could Be Closer Than It Appears
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BREAKING AN INSIDER WITH A 100% WIN RATE JUST OPENED $BTC AND $ETH LONGS WORTH $255 MILLION AHEAD OF THE FED MEETING TODAY HE DEFINITELY KNOWS SOMETHING
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$ETH / $USDC - Update My plan on Ethereum. I will be looking to get us in on another relief rally up to short it down
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Ripple, SBI & Pantera Unite to Launch $1B Evernorth XRP Treasury Initiative Evernorth aims to raise $1 billion to establish a large-scale XRP treasury. The company has merged with Armada Acquisition Corp (AACI), a Nasdaq-listed firm, as part of its plan to go public and advance the initiative. The Evernorth XRP Treasury is backed by Ripple, SBI Holdings, and Pantera Capital, with participation from Kraken and GSR. Together, these partners have already contributed $200 million toward the project. According to Monday’s announcement, the proceeds will primarily be used for open-market XRP purchases, fueling the creation of the world’s premier institutional XRP treasury. Remaining funds will support operational growth and other strategic initiatives. Evernorth CEO Asheesh Birla stated that the company’s mission is to “enhance XRP’s utility and adoption while delivering value to shareholders — fully aligned with the XRP ecosystem’s expansion.” Once the merger is completed, the combined entity will operate under the name Evernorth and trade on Nasdaq under the ticker XRPN. Ripple executives Brad Garlinghouse (CEO), Stuart Alderoty (CLO), and David Schwartz (CTO) will serve as advisors, ensuring strategic consistency with Ripple’s broader ecosystem while maintaining Evernorth’s operational independence. Garlinghouse emphasized that “Ripple has long envisioned XRP as a global asset for fast and efficient payments. Evernorth strengthens that mission by expanding XRP’s use cases, liquidity, and ecosystem confidence.” Beyond its treasury operations, Evernorth plans to run XRP validators, integrate Ripple’s RLUSD stablecoin, and bolster XRP-based DeFi and global liquidity initiatives, fostering deeper ecosystem development. #XRP #CryptoFinance #Ripple #Nasdaq #Evernorth $XRP $BTC $ETH
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$ETH got rejected from the $4,100 resistance zone. It's now coming down and will most likely retest the $3,800 support level. If it holds, Ethereum could see a bounceback. Otherwise, expect more bearish continuation.
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