Posted on Leave a comment

Pi Coin Price Gains As 10 Million Tokens Exit Exchanges – BeInCrypto

Written & Edited by
Kamina Bashir
Pi Coin (PI) has recorded a modest price increase over the past 24 hours as selling pressure continues to subside. Recent data indicates that nearly 10 million PI were withdrawn from exchanges in October.
The shift comes amid Pi Network’s latest authentication update, a key milestone aimed at enhancing user verification and ecosystem security. The rollout appears to have strengthened community confidence, driving a notable outflow of tokens from exchanges.
BeInCrypto Markets data showed that over the past 24 hours, the mobile-mined cryptocurrency has seen a 0.91% uptick in value. At press time, it was trading at $0.20.
While the broader trend for PI still remains bearish, the latest uptick highlights that the altcoin is gaining modest momentum. But what’s behind this rise?
Well, PiScan data showed that over 2.6 million Pi Coins have left exchanges over the past 24 hours. Overall, in October, users withdrew nearly 10 million tokens from exchanges. As a result, centralized exchange supply dropped to 410 million, down from 420 million in September, according to BeInCrypto’s September analysis.
When coins move off exchanges, it generally means holders don’t intend to sell soon. Traders and investors usually withdraw to hold long-term, indicating rising confidence in the asset’s future price.
The change in sentiment is not without reason. It comes amid a resolution of verification challenges, leading to renewed optimism.
After repeated complaints from users, Pi Network took a major step forward in its compliance infrastructure. The project launched a new automated system process designed to review and finalize tentative Know Your Customer (KYC) cases.
In its latest blog post, the team announced that the rollout led to the full verification of over 3.36 million additional Pioneers. Out of the newly verified accounts, around 2.69 million Pioneers have already migrated to the Pi Mainnet blockchain. Furthermore, the new process made 4.76 million Tentative KYC’d Pioneers eligible for full verification.
“This large-scale system process includes complex mechanisms using advanced AI models and analyzing large datasets from liveness checks and KYC application data. It is designed to analyze Tentative KYC cases to verify both that each applicant is a real, living person and that their application passes the additional checks required to fully pass KYC,” the blog reads.
This improved approach strengthens digital compliance and energizes the Pi Network for wider engagement. While confidence in network integrity rises, risks for PI remain.
Over 121 million tokens will be unlocked in the next 30 days, increasing the chance of supply shocks. Thus, the coming weeks will reveal whether Pi Network’s compliance and accumulation sustain positive momentum or if broader headwinds will challenge price stability again.
Daily Crypto Insights
Insights, news and analysis of the crypto market straight to your inbox
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

source

Posted on Leave a comment

1 Key Insider Is Supposedly Dumping XRP. Should You Be Buying It? – The Motley Fool

A Ripple co-founder just made a big move that has some crypto investors feeling nervous.
When a crypto whale's wallet starts moving a lot of coins, the reflex is to assume someone knows something you don't — and that kind of hunch can develop into a bad feeling very quickly. Just such a situation is developing for many investors in XRP (XRP +3.97%), which, as a reminder, is issued by a company called Ripple.
On Oct. 20, a wallet linked to Ripple co-founder Chris Larsen sold around 50 million XRP worth approximately $120 million, leading many crypto watchers to fret about the implications of key insiders potentially exiting the coin. Is XRP still worth buying in light of this move, or is Larsen's sale a harbinger of hard times ahead?
Image source: Getty Images.
Explaining the sale of his tokens, Larsen publicly said that his intention is to invest the funds into Evernorth, a newly announced digital asset treasury (DAT) business that aims to go public soon, and that will buy and hold XRP at scale. In other words, what looks like him dumping his coins today is actually a strategic move that's meant to provide seed funding to a buyer of at least the same size tomorrow. Evernorth won't be the first XRP treasury company, but it will be the largest one, assuming it actually does go public.
As of now, it plans to do that via a merger with a special purpose acquisition company (SPAC), and raise more than $1 billion in the process, with a mandate to use those funds to purchase XRP on the open market. The transaction is slated to close in the first quarter of next year if everything goes according to plan. One key investor in Evernorth is the SBI Group, a Japanese conglomerate with a financial services business that has a long-running relationship with Ripple, and which engaged in a pilot program using XRP starting in 2021.
The advent of another treasury company that will buy and hold XRP is an unambiguously good thing for the crypto. The fact that Larsen chose to sell some of his holdings to fund Evernorth is thus nothing to worry about whatsoever.
This is a case study in incentives. While the optics of an insider moving coins around can (and usually does) generate some negative sentiment toward the cryptoasset in question, as transfers can be asset sales, in this case, the stated aim of the move is to help fund a vehicle that's purpose is to buy XRP and keep it for years. That program has the potential to generate net demand and constrain the float, putting upward pressure on XRP's price. Assuming Evernorth's bid to go public works out, and it executes on its treasury strategy as described, the setup here is mildly bullish for long‑term holders.
There's another favorable aspect. Evernorth, assuming it goes public with the targeted amount of funding and uses nearly all of it to buy XRP at the prevailing market price, will later be able to engage in on-chain lending, liquidity provisioning, or other yield-generating on‑chain activity. With a capital base of approximately $1 billion, it would be a substantial new player on the network.
Plus, given Evernorth's close relations with Ripple, it could act as a showcase for institutional investors in terms of the value of core chain features, such as those for regulatory compliance. Having Evernorth as a marketing example could thus help to attract more capital to the XRP Ledger — and that's beyond the influx it will bring if it succeeds in going public and allocating its fiat currency capital as it aspires to. Of course, it's also possible that the bid to take Evernorth public will fail, but that would be a surprising outcome.
So, when paired with Ripple's ongoing efforts to develop the XRP Ledger into a piece of technology that appeals to financial institutions, this coin is definitely still worth buying. However, you should keep your expectations for how Evernorth's eventual purchases will impact the XRP's price fairly low at first. Its tightening of the outstanding supply of XRP will take a while to feed through into higher prices.
Alex Carchidi has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends XRP. The Motley Fool has a disclosure policy.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
Making the world smarter, happier, and richer.
© 19952025 The Motley Fool. All rights reserved.
Market data powered by Xignite and Polygon.io.
About The Motley Fool
Our Services
Around the Globe
Free Tools
Affiliates & Friends

source

Posted on Leave a comment

261,000,000 XRP Now Held by Ripple-Backed Evernorth – Coinspeaker

             <span>© 2025 Coinspeaker LTD.</span>                 <span>ALL RIGHTS RESERVED.</span>             <br>Evernorth Holdings Inc., has secured 261 million XRP for its treasury move, as it plans to go public on Nasdaq through a merger with Armada Acquisition Corp II.<br>Ripple-backed digital asset treasury firm, Evernorth Holdings Inc., has joined the likes of VivoPower International, Trident Digital Tech Holdings, and Webus, which have been stockpiling XRP     <a href="https://www.coinspeaker.com/coins/xrp/" class="coinlive">         <span class="coinlive__badge">             <span class="coinlive__ticker">XRP</span>             <span class="coinlive__price value-growth">$2.48</span>         </span>         <span class="coinlive__dropdown">                        <span class="coinlive__row coinlive__vol24">                 <span>24h volatility:</span>                 <span class="value-growth">3.9%</span>             </span>             <span class="coinlive__row">                 <span>Market cap:</span>                 <span>$148.68 B</span>             </span>             <span class="coinlive__hr"></span>             <span class="coinlive__row">                 <span>Vol. 24h:</span>                 <span>$3.25 B</span>             </span>         </span>     </a>  .<br>The firm allegedly holds approximately 261 million XRP, which is worth $639.45 million, based on the current price of the coin.<!----> <!-- Google adSense --> <!--<script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-4826868851612784"      crossorigin="anonymous"></script> <ins class="adsbygoogle"      style="display:block; text-align:center;margin-top:20px;margin-bottom:5px"      data-ad-layout="in-article"      data-ad-format="fluid"      data-ad-client="ca-pub-4826868851612784"      data-ad-slot="2123345046"></ins> <script>
 (adsbygoogle = window.adsbygoogle || []).push({});

–>
On October 20, Evernorth hinted at its plans to go public on the Nasdaq stock exchange through a merger with a Special-purpose Acquisition Company (SPAC) called Armada Acquisition Corp II (ticker: AACI).
Under this deal, it expects to raise over $1 billion in gross proceeds from SBI Holdings, Pantera Capital, Ripple Labs, GSR, and Kraken.
On X, XRP Ledger dUNL Validator known as Vet, confirmed that Evernorth now has 261 million XRP, suggesting that some partners have redeemed their commitment.
Chris Larsen, Ripple’s co-founder and Executive Chairman, had promised to invest 50 million XRP tokens worth $124.5 million into this Evernorth deal. Net proceeds are dedicated to open-market acquisitions of XRP.
Vet noted that Larsen has sent in his quota, while Ripple sent 211 million and 319,000 XRP in two transactions. Uphold exchange is another entity that has fulfilled its contribution to the deal.
Evernorth has now 261M XRP. Who has sent XRP so far?
> Ripple send two payments, 211M and 319k XRP
> Chris Larsen sent 50M XRP
> Uphold exchange acc sent 199k XRP
> Jana label 🏷️ acc sent 300k XRP
That’s all in XRP, no stables. pic.twitter.com/vyqzl7d9vf
— Vet 🏴‍☠️ (@Vet_X0) October 23, 2025

The fundraiser is billed to close in Q1 2026, although it is still subject to regulatory and shareholder approvals. With the secured capital, Evernorth will create an XRP-based treasury.
This is likely to be the world’s largest publicly traded institutional XRP treasury, focused on the accumulation and management of the top digital asset.
Broadly, XRP has garnered admiration among investors and traders. It boasts the position as the fifth-largest cryptocurrency by market cap around $146.61 billion at the time of this writing.
Its price is 2.07% high in the last 24 hours and resting at $2.45. This is quite significant considering that the broader cryptocurrency market is currently in a fragile period.
The news about Evernorth’s investment may have contributed to boosting the price of XRP, but a further increase is expected soon. On-chain data and market sentiment suggest a potential XRP turnaround may be near.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
Godfrey Benjamin on X
October 24th, 2025
October 24th, 2025
October 24th, 2025
October 24th, 2025
This website provides educational content only. Cryptocurrency and investing involve significant risk, never invest more than you can afford to lose, and always do your own research or seek professional advice.
Content is intended for adults only. Gambling laws differ by country; please follow local regulations. By using this site, you agree to our terms.
We may include affiliate links, but these do not affect our ratings or recommendations.
Crypto promotions here are not authorized under the UK Financial Promotions Regime and are not intended for UK consumers.

Copyright © 2025 Coinspeaker LTD. All rights reserved.
Reproduction in whole or in part in any form or medium without express written permission of Coinspeaker LTD is prohibited.

source

Posted on Leave a comment

Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows – CNBC

  1. Inflation rate hit 3.0% in September, lower than expected, long-awaited CPI report shows  CNBC
  2. Inflation climbs again. What it means for Fed rate cuts, Social Security, and your wallet  USA Today
  3. Inflation expected to reach highest level in more than a year  ABC News – Breaking News, Latest News and Videos
  4. Trump administration set to release key September inflation data despite government shutdown  NBC News
  5. Inflation rises in September, with gas up 4.1%  qz.com

source

Posted on Leave a comment

XRP and Stablecoins: The Future of Payroll – OneSafe

Here we are in 2025, and it seems like traditional payroll systems are really struggling with all those delays and ridiculous fees. But guess what? XRP and stablecoins are coming to the rescue. Companies are starting to pay their global teams instantly, and low-cost payments are making their way into the payroll world. I mean, it’s about time, right?
XRP is pretty much the star of the crypto show when it comes to speed and cost. Forget about waiting days for your money to move around the globe. With XRP, transactions settle in just 3-5 seconds. That’s a game changer for payroll, allowing businesses to get that cash in their employees’ hands pronto. Oh, and did I mention the transaction fees? Just a fraction of a cent, compared to that 2-5% you usually get hit with for bank transfers.
Of course, we have to deal with the crypto volatility, right? But stablecoins are coming in clutch here. They’re pegged to fiat currencies, so you know your employees aren’t going to lose money while waiting for payday. This is especially useful for companies with international teams since it reduces the risk of currency fluctuations.
We can’t ignore the legal side of things. XRP’s partnerships with big financial institutions help it get a seat at the table when it comes to payroll solutions. Ripple’s recent legal wins have also helped, with the SEC finally admitting that XRP is a utility token. This gives businesses a little more confidence in using XRP for payroll, which could lead to more companies making the switch.
XRP’s tech is also a big plus. The XRP Ledger works nicely with existing financial systems, and you can automate payroll, which is a nice touch. Programmable payroll and cross-chain compatibility make it flexible enough to fit different needs. Plus, there are tools for identity verification and compliance, so businesses can stay on the right side of the law.
And it’s not just theoretical. Companies are already using XRP and stablecoins for payroll, and they’re seeing the benefits. Freelancers are getting paid instantly, and employees in countries with unstable currencies are keeping their purchasing power intact. This isn’t just a trend; it’s a real shift in how payroll works.
Yeah, XRP and stablecoins are changing the payroll game for the better. With instant payments and protection against volatility, this is a big step up from the old way of doing things. As regulations get clearer and partnerships strengthen, XRP looks like it’s here to stay in the payroll world. If you’re a business looking to modernize, you might want to consider this combo for your payroll needs.

Get started with Global transactions effortlessly. OneSafe brings together your crypto and banking needs in one simple, powerful platform.
Explore the APEX token's bullish potential as technical analysis reveals a Cup and Handle pattern, predicting significant price gains in the cryptocurrency market.
Discover how XRP and stablecoins are transforming global payroll solutions, ensuring instant payments, regulatory compliance, and employee satisfaction.
Lantern Finance's borrower-first approach during a $19B crypto crash showcases innovative risk management strategies that protect users and redefine crypto lending.
Begin your journey with OneSafe today. Quick, effortless, and secure, our streamlined process ensures your account is set up and ready to go, hassle-free

source

Posted on Leave a comment

$50K Powerball prize won in Mass. in 2024 nearing expiration – MassLive

Someone who won $50,000 playing Powerball in Massachusetts hasn’t come forward to claim their prize — and it’s about to expire.
The $50,000 prize was won Nov. 20, 2024, during a jackpot drawing for $155 million. The winning ticket was bought at the New Capital Farms Convenience Store, located at 554 Boston Post Rd. in East Marlborough.
The winning numbers on the ticket, which was bought as a Quic Pic, are 16, 30, 60, 62 and 64, and Powerball number 25. This ticket matched four out of the five numbers and the Powerball number drawn.
Powerball prize winners have one year from the date of the drawing to claim their prize and if it goes unclaimed, it will expire. Prizes that expire become part of the net profit returned to the state for distribution to towns and cities.
Prizes up to $103,000 can be claimed at Massachusetts State Lottery claim centers located in Braintree, Dorchester, Lawrence, New Bedford, West Springfield and Worcester.
Powerball drawings are held every Monday, Wednesday and Saturday. The cost of each play is $2. Players pick five out of 69 numbers and a Powerball number between 1 and 26, or can choose computer-generated numbers through the Quic Pic option.
If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media and other third-party partners in accordance with our Privacy Policy.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement, (updated 8/1/2024) and acknowledgement of our Privacy Policy, and Your Privacy Choices and Rights (updated 10/1/2025).
© 2025 Advance Local Media LLC. All rights reserved (About Us).
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local.
Community Rules apply to all content you upload or otherwise submit to this site.
YouTube's privacy policy is available here and YouTube's terms of service is available here.
Ad Choices iconAd Choices

source

Posted on Leave a comment

Ardent Trump supporter Lonsdale blasts crypto pardon – Axios

  1. Ardent Trump supporter Lonsdale blasts crypto pardon  Axios
  2. In pardoning Binance’s founder, Trump sends a clear message to white-collar criminals  CNN
  3. Trump Pardons Convicted Binance Founder – WSJ  The Wall Street Journal
  4. GOP senator denounces Trump’s pardon of crypto billionaire CZ  Politico
  5. Donald Trump Melts Down at CNN’s Kaitlan Collins Over a Simple Question  The Daily Beast

source

Posted on Leave a comment

Sygnum Bank And Debifi Leverage Bitcoin Multi-Sig Tech And Bank Lending Services – Crowdfund Insider

HomeFintech
By
Sygnum Bank, a digital asset banking group, announces a partnership with Debifi, a Bitcoin-backed non-custodial lending platform, to develop MultiSYG, a Bitcoin-native multi-signature lending service. The product, set to launch in next year, is said to be the multi-signature Bitcoin lending solution offered by a regulated bank.
MultiSYG enables borrowers to maintain shared control of their collateral via distributed key management instead of through a single custodian. At the same time, they also benefit from the “competitive rates, flexible drawdown schedule, loan durations – and white-glove service – of a regulated bank.”
MultiSYG allows Sygnum clients to draw fiat loans against their Bitcoin collateral held in a 3-out-of-5 multi-signature escrow wallet. Distributed control requires several private keys to authorise transactions, allowing Bitcoin holders to maintain “visibility of their collateral on-chain.” This is in line with the fundamental principle of “not your keys, not your coins” that resonates within the Bitcoin ecosystem.
Max Kei, CEO and Founder of Debifi explained that MultiSYG’s 3-out-of-5 key structure means borrowers can “verify their collateral on-chain, while continuing to benefit from Sygnum’s banking relationship and service.”
Pascal Eberle, Bitcoin@Sygnum and MultiSYG initiative lead at Sygnum Bank said that borrowers are able to benefit from bank-grade terms in pricing, drawdown flexibility, and loan duration, while “keeping cryptographic proof of their holdings and partial control of their Bitcoin via multi-signature tech.”
They added that MultiSYG combines the “ability to hold your own keys while accessing regulated banking products and white-glove service.”
While other banking institutions require complete  custody for Bitcoin-backed loans, MultiSYG’s distributed key management allows customers to maintain verifiable control of their collateral during the loan term – a demand from Bitcoin investors. MultiSYG provides a “cryptographic guarantee that assets are not rehypothecated, a practice common at traditional banks and other lending services providers.”
This positions Sygnum as the regulated bank providing Bitcoin lending that aligns with the self-sovereignty principles enabling institutional Bitcoin adoption.
This is a said to be a differentiator as more firms start to Bitcoin to their balance sheets. MultiSYG will now aim to complement Sygnum’s Credit & Lending portfolio and will be offered to Sygnum Bank clients, regardless of the client’s jurisdiction, after its roll-out in H1 of next year.
Sygnum enables professional and institutional investors, banks, corporates and DLT foundations to invest in digital assets. Their team enables this via so-called institutional-grade security, personal service and portfolio of regulated digital asset banking, asset management, tokenization as well as B2B services.
In Switzerland, Sygnum has a banking license and has CMS and Major Payment Institution licences in Singapore. The group is reportedly regulated in the financial hubs of Abu Dhabi as well as Luxembourg and is registered in Liechtenstein.


 

Crowdfund Insider is the leading news website covering the emerging global industry of disruptive finance including investment crowdfunding, Blockchain, online lending, and other forms of Fintech.


Regulated Investment Crowdfunding Summit 2025
The Regulated Investment CrowdfundingSummit 2025 is approaching soon! Joinus October 21–22 at the NationalUnion Building (6th Floor, 918 FStreet NW, Washington, D.C.) for …

Home Frosting launches Oct. 5th Kickstarter for the American Prosperity Pillow™—a patriotic collectible honoring America’s 250th birthday
TAMPA, FL – September 2025 – HomeFrosting, the Tampa-based luxury …

StartEngine Prepares to Launch Initial Coin Offerings (ICOs) Under Proposed CLARITY Act
BURBANK, CA, SEPTEMBER 15, 2025 —StartEngine, a renowned alternativeinvestment platform, is preparing tolaunch Initial Coin Offerings (ICOs) …

Ovanova PET and AJNA BioSciences Win NC3 Live Pitch at SuperCrowd25 — Judges and Audience Agree on Both Days
Stockton, Calif. — August 28,2025 — The Super Crowd, Inc.,today announced the winners of …

SuperCrowd25 Unites Industry Titans in Regulated Investment Crowdfunding
The Super Crowd, Inc., a publicbenefit corporation at the forefrontof impact crowdfunding, todayannounced a powerhouse trio ofspotlight speakers for SuperCrowd25, …
Contact Us

Crowdfund Insider
Fintech Insider®
Disclosure Quest
Digital Assets Insider®
C/O Crowded Media Group, LLC
2422 Palm Ridge Rd, #252
Sanibel FL 33957 USA

Info: info@crowdfundinsider.com
Support: support@crowdfundinsider.com
Advertising: advertising@crowdfundinsider.com

CI on Twitter
CI on Facebook
CI on LinkedIn
CI on Instagram
CI on Telegram
Categories
Featured Headlines
General News
Marketplaces
Politics
Strategy
Offerings
Global
Fintech
Real Estate
Asia
Women Changing Finance
Services
Submit a Tip
Advertise on Crowdfund Insider
About Us
Crowdfunding Guide
FAQ
Terms of Service
Privacy Policy
© 2025 Crowded Media Group. All Rights Reserved.

source