Share this article BlackRock, the world’s largest asset manager, deposited $225 million worth of Bitcoin and Ether to Coinbase Prime today. The transfer included both major crypto assets as part of the firm’s ongoing institutional activity. Coinbase Prime, a specialized platform for institutional cryptocurrency custody and trading, serves as a key venue for large-scale cryptocurrency movements by firms like BlackRock. The platform facilitates secure handling of digital assets in regulated environments. BlackRock has maintained a pattern of depositing Bitcoin and Ethereum to Coinbase Prime, indicating routine institutional rebalancing or liquidity adjustments. Such transfers align with broader institutional interest in cryptocurrency ecosystems, often tied to ETF operations and strategic asset management. Sign in to your account Don’t have an account? Create one Create your account Already have an account? Sign In Forgot your password? Sign In
When Terri Barnes planted a memorial cross with flowers on July 11 next to the Bowden Road ATM where son Jamarion Barnes and girlfriend Tyniya Powell were gunned down on June 20, she said she had a feeling police had an idea who killed them. That intuition foreshadowed the Jacksonville Sheriff’s Office’s announcement Wednesday night that 20-year-old Raishion Gist was arrested on two counts of murder. Barnes was in court the next morning when he made his first appearance. Watching as Gist sat in a jail jumpsuit, Barnes said she “got the chills.” Jacksonville homicides in 2022: Here’s who is dying and where Weekend of violence: 7 dead, raises total to 50 homicides this year in Jacksonville “We were relieved to know that he was finally arrested,” she said after the hearing. “He can sit and think about what he has done to his life and how he has affected our whole family’s life, as well as Tyniya’s. I was sitting next to her mother in the courtroom.” Powell’s family could not be reached for comment on the arrest. Powell was 20 and Barnes 21. Police released few details of what led up to Gist’s arrest, only saying that evidence and tips from the community helped detectives identify a suspect who was arrested with the help of the U.S. Marshals Fugitive Task Force. Jacksonville’s MAD DADS community outreach coordinator A.J. Jordan said a tip it received and passed on to investigators “played a part in his arrest.” MAD DADS, which stands for Men Against Destruction Defending Against Drugs and Social Disorder, helped arrange a memorial for Jamarion Barnes and Powell just days after their deaths at the ATM. Surveillance video shot at 9:18 that night from across the ATM at Bowden and Spring Park roads show the last moments when the young man and woman parked their Toyota Corolla next to it. Secured by Times-Union partner First Coast News, the video shows a man in dark clothing getting out of the Toyota’s back seat, opening the driver’s door and grabbing something before walking away. He sprints back to shut the driver’s door, reopening the back one before closing it and running away quickly as a minivan, then a car stop nearby. Report: Suspect in Jacksonville triple homicide told 8-year-old son the victims were ‘making jokes at him’ Murder capital of Florida: In 2021, Jacksonville’s homicide total dropped 30 percent. But it wasn’t enough to save Robin Clemons’ son. When officers arrived there about 10 minutes later, Barnes was found lying outside the driver’s door and Powell on the ground next to the passenger side, according to the incident report. No motive has been revealed. Terri Barnes said she does not know either but hopes to hear more from investigators soon. She said she does not know Gist, but her son “may have.” His arrest report is very limited but lists drugs as being involved. Jamarion Barnes, who had a 9-month-old daughter, is the second in his family to be killed this year. His 20-year-old brother, Jelijah Barnes, was killed early on March 13 in the 7000 block of South Beekman Lake Drive, according to Times-Union records. Again police released very little about the circumstances, other than he was shot multiple times as he got out of his vehicle at a home. No arrests have been reported in that case. Terri Barnes said she has been in regular contact with the homicide detective investigating Jamarion and Powell’s deaths. She said she felt that police were close to an arrest, but were just waiting “for everything to be perfect because they had one shot.” Now she hopes her middle son’s death has the same conclusion. “Absolutely yes, hopefully within time they will figure out his,” Barnes said. “His is a little bit more difficult than Jamarion’s is. But there’s no limitation on murder, so I feel one day his killer will be caught.” Gist has no prior arrests in Jacksonville and faces an Aug. 25 arraignment, according to Duval County jail records. dscanlan@jacksonville.com, (904) 359-4549
Are XRP bulls correct? Driven by hopes that regulatory clarity will finally unlock mass banking adoption, XRP(XRP1.19%) has exploded this year, surging more than 370% since last October. But despite this incredible performance, a decade from now, I think XRP will be worth far less than investors hope. The bull thesis has always hinged on the premise that as banks adopt the technology and products of Ripple (the company behind XRP), demand will soar and XRP's price will follow. The problem is that banks don't really need XRP to use Ripple's services. RippleNet, Ripple's flagship product, delivers speed and cost savings without requiring banks to touch XRP at all. They can stick with traditional currencies and still reap the benefits. While Ripple's ODL product does use XRP as a bridge asset for cross-border transactions, it remains comparatively niche — adopted mainly by smaller institutions where liquidity really matters, not the major banks that would move the needle. Image source: Getty Images.
Even if ODL adoption accelerates, Ripple's stablecoin ambitions could very well undermine ODL's demand effects. Its stablecoin, RLUSD, could be used as the "bridge asset" in ODL transactions instead of XRP. The company's push for a banking charter and its $200 million acquisition of a stablecoin payment company make me believe this is the direction Ripple is headed.
An online payments protocol introduced by Coinbase in May that enables AI agents to transact in stablecoins over the internet has seen more than a 10,000% increase in transaction activity over the last month. At the time, Coinbase said x402 fixes “the internet’s first mistake” by resurrecting the Internet Communication Protocol’s Hypertext Transfer Protocol 402 — or HTTP 402 — to create a seamless payment system native to the internet. It lets AI — and humans — pay directly while using a website or app: they request something, receive a HTTP 402 “Payment Required” prompt, and then send a signed stablecoin payment, which x402 then verifies automatically. No credit cards required. There were nearly 500,000 x402 transactions between Oct. 14 and 20, marking a 10,780% rise in comparison to levels seen four weeks earlier, according to Dune Analytics data. Transaction activity went even higher on Friday, with other Dune Analytics data showing a record 239,505 transactions were made, while on Thursday, a record $332,000 in transaction volume was posted.
It comes as tech-focused venture capital firm a16z’s crypto arm mentioned agentic AI in its 2025 State of Crypto report earlier this week, where it anticipated that autonomous transactions could reach $30 trillion by 2030. Without the need for human intervention in managing API calls, storage, and computation, agentic AIs could enable everything from self-driving taxis covering their own costs with stablecoins to apps automatically using stablecoins to store data permanently, Coinbase development team members Kevin Leffew and Lincoln Murr said in August. In a limited manner, AI agents are already trading crypto by analyzing market data, executing buy or sell orders, and optimizing portfolios in real time without human intervention. CoinGecko lists x402 tokens as a new category Developers are now leveraging x402’s design to launch tokens directly — fueling a wave of x402-powered memecoin launches, KuCoin Ventures noted on X. The rise prompted CoinGecko to track x402 tokens as a new ecosystem, which has boomed into a near $180 million market, up 266% over the last 24 hours.
Pi Network reached 2.69 million mainnet users in the past week. This milestone comes after a large-scale KYC verification process. The rapid migration of users happened just before the project’s planned ISO 20022 integration on November 22. 🚨Welcome to the Mainnet! A massive 2.69 million Pioneers have migrated their Pi in the last week alone after a huge KYC verification wave. The ecosystem is expanding rapidly as we approach the Nov 22 ISO 20022 integration. The future of finance is being built now🚀#PiNetworkpic.twitter.com/zU1Myw7oGJ — PiNetwork DEX⚡️阿龙 (@fen_leng) October 27, 2025
The PI token price increased 20% in the last 24 hours. It now trades at $0.25, marking a three-week high. The price movement represents a recovery from the token’s recent struggles. PI launched in late February 2025 at around $3. The token then entered a months-long decline. By October 10, it had fallen to $0.172, losing over 93% of its value in less than eight months. The token found support at around $0.20 after hitting its all-time low. This level held through mid-October. The recent price jump breaks this consolidation pattern. Community members known as “Pioneers” have been rapidly expanding. Millions of these users recently moved their PI tokens to the mainnet. This migration marks a new phase in the network’s development. ISO 20022 is a global messaging standard for financial transactions. Banks and payment systems worldwide use this standard. Pi Network’s integration is scheduled for November 22, which aligns with the global financial deadline. @PiCoreTeam@nkokkalis@Chengdiao The Unparalleled Value of Pi Coin in the Cryptocurrency Space As we move forward, the truth about Pi Network will become increasingly clear, illuminating the stark differences between misinformation and reality, as well as between darkness and… pic.twitter.com/iC5r693Pck — Pi Coin Magazine (@Pi_CoinMagazine) October 27, 2025
The standard enables faster and cheaper cross-border payments. It also improves transparency in international transactions. This could bring Pi closer to compatibility with traditional banking systems. The integration may allow Pi to communicate directly with global banking systems. Community reports suggest this could enable SWIFT connectivity. Banks might be able to process transactions using Pi’s blockchain infrastructure. XRP and XLM are other cryptocurrencies that align with ISO 20022. Pi Network would join this select group. The integration doesn’t guarantee regulatory approval but represents a step toward crypto-to-bank interoperability. Pi Network operates on the Stellar Consensus Protocol. This system provides a secure, low-energy framework. The protocol balances decentralization with scalability. The SCP-based system supports regulatory alignment. This makes the ecosystem suitable for banking-grade standards. The architecture keeps environmental impact minimal while maintaining high efficiency. Community sources point to several factors behind the price surge. Some observers believe Wall Street capital may be entering the ecosystem. Others suggest progress on SWIFT integration drove buying interest. OKX exchange recently announced it passed Know Your Business verification for Pi Network. The exchange stated that Pi Bank’s cross-border banking capabilities have been integrated into the SWIFT system. This development positions Pi for global transaction capabilities. Similar price movements have occurred before in PI’s short history. In May, the team hinted at a major announcement. The token surged by triple digits in days. However, that rally peaked at $1.70 before reversing. The subsequent decline brought the price lower than its starting point. This pattern raises questions about whether the current 20% gain can hold. The token has been one of the biggest underperformers during 2025’s broader crypto rally. While other assets reached new highs, PI continued its downtrend through most of the year. The November 22 ISO 20022 rollout date is approaching. The project’s user base continues growing alongside progress toward financial standardization. Community confidence appears steady based on the mainnet migration numbers. 📈 Futures & Crypto Trader 🔍 Sharing charts, strategies, & mindset tips to help you level up 🚨 Not Financial Advice Follow on X @Pro_Trader_Edge TLDR The Madras High Court blocked WazirX from redistributing a user’s 3,532 XRP tokens under…
Never Miss Another Opportunity. Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits! Type above and press Enter to search. Press Esc to cancel. BC Game Crypto: 100% Bonus & 400 Free Casino Spins, Claim Here!
