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bitcoinist.com Best Crypto to Buy as Shutdown Adds Twist to September CPI Release, Fed Weighs Next Rate Cut

Quick Facts: 1️⃣ US government shutdown has frozen key economic data, making the Fed reliant solely on Friday’s CPI data release. 2️⃣ The Friday release is unusual – the first since 2018 3️⃣ Markets see a 98.4% chance of a 25 bps rate cut, a smaller chance of a 50 bps cut. 4️⃣ Any cut […]

blockonomi.com BitMine Bought 203,800 Ethereum, Owns 2.7% of the Entire ETH Supply

TLDR: BitMine purchased 203,800 Ethereum in one week, pushing total holdings to 3.24 million ETH worth $13.4 billion. The company now controls 2.7% of Ethereum’s circulating supply, moving closer to its 5% accumulation goal. BitMine ranks as the largest Ethereum treasury globally and trades over $2.1 billion in daily stock volume. Backed by top investors, [...] The post BitMine Bought 203,800 Ethereum, Owns 2.7% of the Entire ETH Supply appeared first on Blockonomi.

blockonomi.com Ripple Ally Evernorth Seals $1B XRP Treasury Deal Ahead of Nasdaq Debut

TLDR: Evernorth’s $1B merger with Armada will create the largest XRP treasury firm on Nasdaq. Ripple, SBI, and Pantera Capital back Evernorth’s bid to expand XRP’s institutional reach. Asheesh Birla, former Ripple exec, will lead Evernorth’s push for XRP ecosystem growth. The XRPN listing could mark a milestone for regulated XRP exposure in U.S. markets. [...] The post Ripple Ally Evernorth Seals $1B XRP Treasury Deal Ahead of Nasdaq Debut appeared first on Blockonomi.