CryptoNews

21shares Strategist Sees Bitcoin Path to $90K After Hotter CPI Report

Bitcoin could advance toward $90,000 once near-term economic uncertainty clears, according to 21shares strategist Matt Mena. He points to last week’s selling and historically positive returns after hotter core inflation prints as support for his outlook. Key Takeaways Mena identifies $85,000 as resistance before a potential $90,000 advance. His analysis finds a 1.21% average weekly gain after…
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CryptoNews

Former Coinbase Investment Chief Now Manages Evernorth’s 473M XRP

A former Coinbase Asset Management co-chief investment officer now directs Evernorth’s treasury, which held approximately 473 million XRP at closing. His appointment brings institutional trading experience to a Nasdaq-listed company pursuing active cryptocurrency investment strategies. Key Takeaways Hugo Jeandesboz leads a treasury that held about 473 million XRP at closing. His…
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CryptoNews

Evernorth Hits Nasdaq With 473 Million XRP as XRPN Trading Begins

Evernorth began Nasdaq trading today, giving stock market investors access to a company built around an actively managed XRP treasury. The listing brings approximately 473 million XRP into a publicly traded business pursuing strategies to increase its cryptocurrency holdings per share. Key Takeaways XRPN reached $17.37, up 2.72% after hours, at 7:30 p.m. EDT. Evernorth entered public markets…
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CryptoNews

XRP Gaining Nasdaq Exposure as Evernorth Takes 473M XRP Public

Evernorth has completed its merger, bringing an actively managed XRP treasury to public markets ahead of expected Nasdaq trading. Its debut week will also feature a Times Square premiere celebrating the community behind the cryptocurrency. Key Takeaways Evernorth holds about 473 million XRP, with approximately $300 million in gross cash proceeds. Common stock is expected to begin Nasdaq trading…
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