By Michael Adeleke Key highlights Evernorth raised $30 million in convertible notes from NH Investment & Securities The funds will be used to purchase XRP for its treasury The deal also depends on Evernorth’s SPAC merger with Armada Acquisition Corp. II going through Evernorth, an investment vehicle for XRP, has raised $30 million from a […]
Category: News
By Michael Adeleke Key highlights: NEAR gained more than 40%, with its market cap rising by over $1.2 billion The rally came amid the launch of confidential perpetual trading powered by Hyperliquid The new private perpetuals feature is still restricted in the U.S. and Canada due to regulatory reasons NEAR Protocol’s token has posted one […]
By Aliyu Pokima Key highlights: Bloomberg analyst Eric Balchunas says Bitcoin ETFs could eventually become three times the size of gold ETFs Gold ETFs held a record of 4,189 tonnes of gold worth about $615 billion globally, giving Bitcoin ETFs a potential $1.8 trillion target under Balchunas’ thesis Balchunas expects Bitcoin’s declining volatility and correlation […]