PANews reported on October 29th that, according to Cryptobriefing, CryptoQuant data shows that the newly established XRP finance company Evernorth Holdings (with close strategic ties to Ripple executives) has accumulated nearly 389 million XRP tokens. Based on XRP's trading price of $2.6 at the time of writing, these holdings are worth over $1 billion, making Evernorth one of the largest holders of the token. CryptoQuant's on-chain analyst JA Maartun reported that as of October 27th, Evernorth had approximately $947 million invested in its asset reserves. Currently, this investment has generated over $50 million in unrealized gains.
- 0 replies
- 0 recasts
- 0 reactions
PANews reported on October 10th that, according to Cryptopolitan, Abu Dhabi Airports and Al Hail Holding, an Abu Dhabi investment entity, have signed a memorandum of understanding to explore next-generation payment solutions, including stablecoins and cryptocurrencies/digital assets. Al Hail Holding, which previously invested in the digital bank Zand, and Abu Dhabi Airports will also collaborate on developing a regulated digital wallet for inbound passengers arriving at Zayed International Airport, enhancing the UAE's position as a global hub for tourism, fintech, and sustainable transportation. Furthermore, the collaboration will encompass the integration of artificial intelligence systems and the development of sustainable infrastructure to enhance operational efficiency.
- 0 replies
- 0 recasts
- 0 reactions
A whale withdrew 10.366 million DOGE from Binance, worth $2.25 million
- 0 replies
- 0 recasts
- 0 reactions