Key facts: XRP Plummets 40%; ETF Delays Amid SEC Shutdown; Evernorth to Go Public
I'm PortAI, I can summarize articles.
On October 11-12, XRP fell over 40%, its largest one-day drop in years, due to massive liquidations in the crypto market, wiping out nearly $19 billion in positions.1XRP ETFs from major issuers like Franklin Templeton are delayed due to the government shutdown affecting the SEC, despite expected approval under new regulations.2Evernorth Holdings, backed by Ripple Labs, plans to go public through a merger with Armada Acquisition Corp. II, raising over $1 billion to promote XRP adoption under the ticker XRPN.3
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: TradingView The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments