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  • OCTOBER 7, 2026 (5)

  • Crypto news Anjali Belgaumkar Oct 7, 2026 06:44 UTC

    XRP News Today: Why October 12 Is Drawing Attention From Institutional Digital Asset Watchers

    A post circulating on X flags October 12, 2026 as a date with an unusual concentration of institutional digital asset activity, starting with Evernorth’s XRPN, which now expects to begin trading on Nasdaq that day after its closing was pushed back, subject to closing conditions and listing requirements. The same post lists DTCC Digital Assets taking part in the ISLA Americas event, with October also DTCC’s planned launch window for its DTC Tokenization Service, a Bank of England interview with Deputy Governor Sarah Breeden on digital assets and tokenisation, the start of the IMF and World Bank Annual Meetings in Bangkok, and the FCA’s deadline for a cryptoasset-related consultation.

  • Stock Market Anjali Belgaumkar Oct 7, 2026 06:41 UTC

    Anthropic IPO News: Nasdaq-100 Fast Entry Could Put Anthropic In Index Funds Within Weeks

    Anthropic is reportedly preparing a Nasdaq listing this fall, with Reuters saying marketing could begin in mid-October at the earliest and the listing could finish before the November midterms. Nothing is confirmed until a public prospectus is filed, and IPO timelines often shift. If it lists at the roughly $2 trillion valuation investors reportedly expect, Anthropic would clear the top-40 threshold under Nasdaq’s May 2026 “fast entry” rule and could join the Nasdaq-100 after 15 trading days. More than $800 billion tracks the index, so funds like QQQ would have to buy shares. SpaceX followed the same path, joining on July 7 after its June 12 debut, with J.P. Morgan estimating about $4.3 billion in passive inflows. It entered below a 1% weighting because index weights count only tradable shares, and its stock fell nearly 6% on the day it joined.

  • Stock Market Anjali Belgaumkar Oct 7, 2026 04:27 UTC

    Nvidia Stock Price Today: Shares Break Past $236 Resistance As Chip Price Targets Rise

    Nvidia shares climbed above $243 to a fresh record, after closing at a record $238.90 on Monday, October 5. At that close the chipmaker was worth about $5.8 trillion, roughly 4% short of $6 trillion, a level no company has reached. Higher semiconductor price targets across Wall Street are fueling the rally, and the move breaks past $236, where sellers had repeatedly blocked a breakout. History offers a warning. Five times a US company has been first to a new trillion-dollar level, Apple at $1, $2 and $3 trillion and Nvidia at $4 and $5 trillion. In the following 12 months, returns ranged from a 31% loss to a 27% gain, and the stock beat the S&P 500 only twice. Rising data-center financing costs and increasingly complex funding structures could also make the next leg harder.

  • Bitcoin Anjali Belgaumkar Oct 7, 2026 04:03 UTC

    Why Are Bitcoin, Ethereum And XRP Prices Crashing Today?

    Bitcoin fell $1,600 in about 15 minutes and dropped below $84,000, according to market trackers, and is now trading near $84,195, down 2.1% over 24 hours. Ethereum is at $2,613.53, down 3.5%, and XRP is at $1.47, down 2.7%. BNB lost 2.3% and Solana 1.9%. More than $400 million in long positions were liquidated within an hour, and the broader crypto market reportedly lost about $61 billion in 20 minutes. The speed of the drop has drawn comparisons to the October 10 flash crash, which is three days from its anniversary. The sell-off came as US Treasury yields fell sharply across the curve, right after the 10-year yield hit its highest level since 2002. Oil also dropped, and markets are pricing in lower inflation. If that holds, pressure on the Fed and on stocks should ease. The cause of the crypto flash crash itself has not been confirmed, and leveraged long liquidations appear to have amplified the move.

  • Crypto news Anjali Belgaumkar Oct 7, 2026 03:59 UTC

    XRPN Nasdaq Debut Delayed Four Days As Evernorth Resets Closing Date

    Evernorth said an administrative delay, which it does not expect to affect the closing, has pushed back its timeline. The company now expects to close the business combination with Armada Acquisition Corp. II on Friday, October 9, with XRPN starting to trade on Nasdaq on Monday, October 12. Both dates remain subject to customary closing conditions and Nasdaq listing requirements. The new schedule replaces the earlier plan to close October 7 and begin trading October 8. Armada II shareholders have already approved the merger, and at closing Evernorth expects to hold about 473 million XRP.

  • OCTOBER 6, 2026 (6)

  • Stock Market Anjali Belgaumkar Oct 6, 2026 11:59 UTC

    SpaceX Stock Price: Starship Catch Could Be Biggest Catalyst Since IPO

    Morgan Stanley reiterated an Overweight rating and $300 price target on SpaceX (SPCX), with analyst Adam Jonas saying the stock trades roughly 40% below mega-cap AI peers on a growth-adjusted basis. Shares are trading above $160, lifting SpaceX’s market capitalization past $2.23 trillion. Potential catalysts include upcoming Starship flights, Q3 earnings, Grok releases and additional neocloud deals. A successful Starship catch could be the biggest catalyst since the IPO, according to the note.

  • Bitcoin Anjali Belgaumkar Oct 6, 2026 11:51 UTC

    Mike McGlone Says Bitcoin Has Not Beaten The Nasdaq Since 2017 Despite 3x The Volatility

    Mike McGlone said Bitcoin has failed to outperform the Nasdaq since 2017 despite roughly three times the volatility. “Bitcoin versus the Nasdaq. It’s the same level as first touch in 2017. It’s the same level as the 2021,” he said. “Now that’s just a fact.” McGlone said prominent money managers he has heard at events in Miami see better risk-adjusted returns in the Nasdaq and avoid Bitcoin as a speculative asset in a category with unlimited supply. He called smart-money investors in Bitcoin “poorly invested,” citing weak relative performance. He contrasted Bitcoin with precious metals, which have limited supply, but called platinum a poor investment too. It peaked near $2,200 an ounce in 2008 and trades around $1,700.

  • Crypto news Anjali Belgaumkar Oct 6, 2026 11:44 UTC

    XRP News Today: Evernorth SPAC Vote Passes, Warrants Priced At $11.50

    Armada Acquisition Corp. II (Nasdaq: XRPN), the SPAC merging with Evernorth, filed an 8-K with the SEC on October 5, 2026, and its shareholders have approved the business combination. The filing discloses a warrant amendment signed with Continental Stock Transfer & Trust, the warrant agent, to align the Warrant Agreement with the IPO prospectus. Warrants become exercisable on the later of the completion of the business combination or 12 months after the IPO closing. The exercise price is $11.50 per Class A share. Closing is expected October 7, with Nasdaq trading under XRPN beginning October 8. At closing, Evernorth expects to hold approximately 473 million XRP, which would make it the largest publicly traded pure-play XRP treasury company. Completion remains subject to customary closing conditions, and trading is subject to Nasdaq listing approval.

  • Stock Market Anjali Belgaumkar Oct 6, 2026 07:42 UTC

    Anthropic IPO In November: Revenue Up 14-Fold To $11.5 Billion In Q2

    Anthropic is reportedly planning a November IPO that could raise around $100 billion at a $2 trillion valuation while leaving its founders in charge. According to Business News This Week, Dario Amodei and six co-founders would hold 50.1% of votes on key strategic decisions through a special share class, as long as at least three founders keep a minimum stake. They would not control board appointments, and employees would receive certain privileged rights. Second-quarter revenue rose 14-fold to $11.5 billion, with an adjusted operating profit reported. Annualized revenue reached $65 billion by the end of July, up from just over $9 billion at the end of last year. OpenAI, by contrast, has so far declined to list.

  • Bitcoin Anjali Belgaumkar Oct 6, 2026 07:40 UTC

    Bitcoin Price Today: Upside Momentum Fades As BTC Consolidates Above $83,000

    Bitcoin is trading near $85,416, down 0.4%, as it consolidates above $83,000. Swissblock said another push toward $87,500 to $90,000 is still possible, but each attempt is arriving with less force. The upside structure survives, though the internal engine is gradually losing intensity. A destabilizing Risk Index would signal that the slowdown is turning into a regime change. Glassnode data shows large entities are back in profit. Small wallets stayed profitable throughout, holding well above their $48,000 cost basis at the June low, while sharks and whales slipped underwater. In the 2022 bear market, price fell below every group’s cost basis.

  • Bitcoin Qadir AK Oct 6, 2026 06:03 UTC

    $3.3B in Bitcoin Leaves Binance in 15 Days as Outflows Hit 3-Year High

    Nearly 40,000 BTC, worth about $3.3 billion, has left Binance since Sept. 20, when its reserves stood at 704,800 BTC. Reserves have since fallen to 663,100 BTC. Binance recorded 23,100 BTC in net outflows last week, the highest weekly level since June 2023. Another 14,300 BTC left the exchange in a single day, exceeding the 13,800 BTC outflow recorded the previous week. Bitcoin is currently trading near $85,000.

  • OCTOBER 5, 2026 (11)

  • Ripple (XRP) Qadir AK Oct 5, 2026 12:56 UTC

    XRP News : Evernorth-Linked XRP Stock XRPN Surges 273% Ahead of Merger

    Armada Acquisition Corp. II (XRPN) shares rose about 273% last week to $39.42, ahead of its planned merger with XRP treasury firm Evernorth. Evernorth expects to hold about 473 million XRP, worth roughly $714 million at $1.51 per XRP, plus about $300 million in gross cash proceeds. About $48 million from Armada’s trust is expected to remain for the deal. Evernorth expects the merger to close Oct. 7, with the combined company expected to begin trading Oct. 8.

  • Stock Market Qadir AK Oct 5, 2026 12:28 UTC

    COIN Stock: Bank of America Raises Coinbase Price Target to $203

    Bank of America raised its price target for Coinbase (COIN) stock to $203 from $174 while maintaining a Buy rating. The bank also raised its 2027 and 2028 earnings estimates, expecting higher revenue from USDC reserves after the Federal Reserve’s September rate hike. Coinbase’s near-term outlook remains weaker due to lower trading volumes. Still, BofA expects stablecoin revenue to support future earnings growth.

  • Bitcoin Qadir AK Oct 5, 2026 12:14 UTC

    Metaplanet Raises Bitcoin Holdings to 44,000 BTC After Q3 Purchase

    Metaplanet bought 1,000 BTC on a net basis in Q3, taking its total holdings to 44,000 BTC as of Sept. 30. The Tokyo-listed firm sold 10,000 BTC and later bought 11,000 BTC to show it could convert Bitcoin into cash when needed. The move was aimed at strengthening its credit position and access to financing. Metaplanet said it plans to use its Bitcoin Income Generation business to build recurring revenue and support future Bitcoin purchases.

  • Bitcoin Qadir AK Oct 5, 2026 12:11 UTC

    Strategy’s Bitcoin Holdings Reach 848,000 BTC After $28.7M Purchase

    Strategy bought 334 BTC for $28.7 million between Oct. 1 and 4, raising its total holdings to 848,000 BTC. The company paid an average of $85,839 per bitcoin, bringing its total investment to about $63.97 billion. Strategy also spent $176.3 million buying back STRC shares between Sept. 28 and Oct. 4. For Q3, the company estimates a $20.91 billion gain on its digital assets, while its Bitcoin holdings were valued at $70.82 billion on Sept. 30.

  • Crypto Regulations Qadir AK Oct 5, 2026 07:42 UTC

    Binance to Block Brazil Cross-Border Crypto Transfers

    Binance will ask Brazilian users to provide the purpose and recipient details for cross-border crypto transfers from Nov. 1. Users must complete the details before making withdrawals. Deposits may be held or returned if the information is missing. Transfers between Brazilian users are not affected. Binance will report these transactions monthly to Brazil’s central bank. Transfers up to $50,000 will use 10 purpose options, while larger transfers will require one of 96 categories.

  • Ripple (XRP) Qadir AK Oct 5, 2026 07:16 UTC

    XRP Rich List Shows Lower Entry Point for Top 1% of Holders

    The XRP Rich List shows that the balance needed to enter the top 1% has fallen to 43,995 XRP, down from about 64,077 XRP in January 2024. At XRP’s current $1.54 price, that balance is worth about $67,753. The top 2%, 4%, and 10% thresholds now stand at 21,500, 10,010, and 2,091 XRP, respectively. The decline reflects growth in XRP Ledger accounts. The latest data shows 81,993 accounts now meet the top 1% threshold.

  • Altcoins Nidhi Kolhapur Oct 5, 2026 06:43 UTC

    Zcash Activates NU7 Upgrade on Public Testnet

    Zcash has activated its NU7 upgrade on the public testnet, cutting the targeted time between transaction blocks from 75 to 25 seconds. The change could reduce waiting times for merchants and exchanges. Both major Zcash node programs now support the test, which uses valueless coins. NU7 also changes fee distribution and disables Sprout transactions. Developers will review test results on Oct. 20 and target mainnet activation for Nov. 5, although no activation block has been set.

  • Crypto news Anjali Belgaumkar Oct 5, 2026 03:52 UTC

    Japan Bond Selloff Deepens As 30-Year Yield Breaks Every Record Since 1999

    Japan’s 30-year government bond yield rose to a record 4.235% on Monday, the highest since the bonds were first sold in 1999. It first crossed 4% only in May. The Bank of Japan said heavy bond issuance by AI companies is pushing long-term rates higher, while Deputy Governor Shinichi Uchida described AI as a “big positive demand shock” lifting activity and prices. Last week’s strong Japanese inflation reading has added to the selloff, and traders are now weighing another rate hike. The BOJ says it will track conditions closely, and investors are awaiting Prime Minister Sanae Takaichi’s policy speech.

  • Bitcoin Anjali Belgaumkar Oct 5, 2026 03:49 UTC

    Why Is Crypto Market Going Up Today?

    Bitcoin climbed to $86,436.31, up 2.1% over 24 hours and 3.4% over the week, after printing its highest weekly close in more than eight months. It is now up nearly 50% over the past three months. Ethereum gained 1.4% to $2,727.32, XRP rose 2.1% to $1.52, and BNB added 2.2% to $796.82. Supply is tightening. Data shows long-term holders are sitting on more Bitcoin than ever, barely selling even through recent volatility, which leaves less supply available to the market. Separate on-chain data shows long-term holders got through this full downturn without being pushed into losses for the first time in over a decade. Michaël van de Poppe said many traders expected the same deep correction seen in past cycles, but upside volatility this cycle has been smaller, so the downside needs to be smaller too. He called it a different cycle that could later be referred to as the “Crypto” cycle, with a dot-com style chart.

  • Crypto news Anjali Belgaumkar Oct 5, 2026 02:37 UTC

    Ex-SEC Chair Jay Clayton Named Trump’s AI Czar After Ripple XRP Lawsuit Era

    Jay Clayton, the former SEC chair who left the agency before it sued Ripple over XRP, has been named President Trump’s AI czar and will head a new “Super Intelligence Force.” He will spend the next 120 days assessing AI’s risks and opportunities. Clayton’s earlier crypto views largely held up on technology. In 2022 he said digital assets would become part of global financial infrastructure, and in 2023 he predicted programmable assets and interoperability would arrive. Regulatory classification has since shifted, with the SEC and CFTC now treating several major crypto assets as digital commodities rather than securities.

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