XRP
 
Evernorth announces SPAC deal for $1 billion XRP treasury
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Evernorth Holdings, a newly formed Nevada company, has signed a business combination agreement with Armada Acquisition Corp II to go public on Nasdaq under the ticker XRPN. The deal aims to raise over $1 billion, primarily to purchase XRP on the open market and build the largest public XRP treasury. Backed by investors including Ripple and Kraken, Evernorth plans an active strategy involving lending, liquidity provision, and DeFi yields to grow XRP holdings.
Indian court treats XRP as property in WazirX dispute
A Madras High Court judge has ruled that cryptocurrency qualifies as property under Indian law, barring WazirX from reallocating a customer's XRP holdings. The decision came in a case involving customer Rhutikumari after a hack affected the exchange. This precedent may influence how crypto exchanges handle user assets during insolvency.
XRP plunges 8% as fed signals and bitcoin weakness hit
XRP's price fell nearly 8% on October 31, 2025, breaching a key support level amid hawkish Federal Reserve comments and broader cryptocurrency market declines. The token dropped from around $2.65 to $2.48, accompanied by unusually high trading volume. This breakdown highlights ongoing volatility in the crypto sector.
Crypto market rebounds as MAGACOIN FINANCE presale surpasses $15.5 million
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The cryptocurrency market has seen a strong rebound this week, with Bitcoin recovering to $123,000 and altcoins like XRP gaining momentum. Retail investors are increasingly flocking to the MAGACOIN FINANCE presale, which has raised over $15.5 million. This surge highlights shifting investor sentiment toward high-growth opportunities in the final quarter of 2025.
XRP investor claims $3 million stolen from cold wallet
A 54-year-old retiree from North Carolina reported the theft of over 1.2 million XRP tokens, worth more than $3 million, from what he believed was a secure cold wallet. The incident, discovered on October 15, 2025, involved an Ellipal hardware wallet and was traced by on-chain analyst ZackXBT. Ellipal attributed the breach to user error in importing a seed phrase into a mobile app.
Ripple acquires GTreasury for $1 billion in corporate treasury push
Ripple Labs announced on October 16, 2025, the acquisition of cloud-based treasury management platform GTreasury for $1 billion. The deal aims to integrate Ripple's cryptocurrency solutions, including XRP, into mainstream corporate finance workflows.
Ripple-linked Evernorth plans $1 billion listing for XRP treasury
A company tied to Ripple, known as Evernorth, is preparing a $1 billion listing aimed at building a treasury of XRP cryptocurrency. This move highlights ongoing developments in the crypto space involving Ripple's ecosystem.