Evernorth delayed its Nasdaq debut after shares of the SPAC taking the XRP treasury company public lost half their value. Armada Acquisition Corp. II, which currently trades under the XRPN ticker, closed Tuesday at $19.20, down 50.3% from $38.65 a day earlier, according to data compiled by StockAnalysis. The shares had traded as high as […] The post XRP treasury SPAC drops 50% in a day ahead of Evernorth’s Nasdaq debut appeared first on CryptoSlate .
Robinhood is adding $25 million of Bitcoin to its balance sheet after executives previously debated whether corporate crypto holdings would benefit shareholders. Johann Kerbrat, Robinhood’s senior vice president and general manager of crypto and international, announced the allocation Wednesday, saying the brokerage views Bitcoin as a strategic addition to diversify its assets. “We believe firmly […] The post Robinhood adds $25 million of Bitcoin to its own balance sheet appeared first on Crypto
App users follow approval prompts, while integrations must keep CTF support and add V2 identifiers and permissions. The post Polymarket’s upgrade won’t automatically move existing bets to new contracts appeared first on CryptoSlate .
Fresh October 7 futures closures highlight the gap between a completed fund-flow tally and traders’ continuing margin exposure. The post Bitcoin drops to $84k sees $143 million in liquidations as ETF inflows turn positive appeared first on CryptoSlate .
The vault framework compares impairment risk while leaving capital protection and future returns unpromised. The post S&P brings ratings-style scrutiny to $10 billion crypto vault market as $6 million Base incident exposes risks appeared first on CryptoSlate .
Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disney and Red Bull Racing. The consumer-focused Ethereum layer-2 (L2) cited stagnant growth, thin liquidity, restricted DeFi activity, and limited institutional crossover. Igloo CEO Luca Netz said the company had lost “tens of millions of […] The post Why Abstract is killing its Ethereum L2 instead of launching a token to save it appeared first on CryptoSlate .
Cardano's value has climbed about 42% since Sept. 16, taking ADA from roughly $0.19 to $0.27, and the positioning behind the move has expanded faster than the dollar liquidity beneath it. Santiment counted 413 transactions of $100,000 or more on Oct. 5, the highest since June 4 and about 2.2 times the recent weekday baseline, […] The post Cardano’s price breakout could trigger the next ADA squeeze or trap leveraged bulls appeared first on CryptoSlate .
Its published DvP design exchanges fully funded token legs atomically, leaving financing and netting to institutions. The post Solana DvP settlement requires 100% upfront cash for every trade appeared first on CryptoSlate .
The new exception permits one eligible commissioner to form a quorum when every other sitting member is disqualified from the particular matter. The post SEC drops to 2 members, and 1 hidden rule shifts crypto power appeared first on CryptoSlate .
Crystal’s October 5 snapshot found $396 million unmoved in eight Tempo wallets, while customer activity inside custody accounts remains unknown. The post Open USD supply hits $666 million as 10 wallets trap most tokens appeared first on CryptoSlate .
Strategy’s October filing shows an accounting consequence. ETF cost estimates measure fund holdings, while redemptions determine how Bitcoin leaves. The post Bitcoin rally delivers $4.1 billion tax windfall for Strategy appeared first on CryptoSlate .
September's prices index rose to 74.0 while growth slowed, leaving rate relief uncertain for leveraged Bitcoin exposure. The post US services price gauge hits a four-year high, clouding Bitcoin’s rate-relief outlook appeared first on CryptoSlate .
