Key Insights: China has proposed a national blockchain network as part of a new plan to connect digital technology with the wider economy. The proposal appears in a policy document containing 19 measures that Chinese authorities released on October 9. The document also calls for a nationwide computing network and changes to rules governing data…
Evernorth has finalized its merger with Armada Acquisition Corp. II, taking ownership of 473 million XRP and raising $300 million. The Ripple-backed treasury firm is set to debut on Nasdaq under the ticker XRPN.
Ethereum targets $2,855 after reclaiming the $2,600 level, backed by ongoing accumulation and a new Layer-1 and Layer-2 atomic transaction test, though rising exchange inflows pose near-term selling risks.
BitMine shares rose 6% as Ethereum surpassed $2,700 and the company expanded its reserve to 5.98 million ETH. Led by Tom Lee, the firm continues its successful dollar-cost averaging strategy and approaches a 5% treasury share.
