Bitcoin fell from around $87,000 to $80,000 before recovering to approximately $83,000 on October 10, with $859 million in long positions liquidated on October 9. Evernorth, the Ripple-backed company, completed its merger with Armada Acquisition Corp. II and plans to list on Nasdaq under the ticker XRPN on October 12, in a transaction associated with approximately 473 million XRP and $300 million in cash proceeds. The XRP Ledger activated the PermissionDelegationV1_1 feature on October 8, allowing businesses to delegate up to 10 roles to third-party applications without exposing their master keys. The European Securities and Markets Authority set a January 8, 2027 deadline for EU crypto firms to close positions in stablecoins that do not comply with the MiCA regulation.
Source: Read the original article
