Armada Acquisition Corp. II updates Nasdaq ticker to $XRPN, plans to raise $1B+ to build the largest $XRP treasury with Evernorth Holdings ...

Bond Auction Analysis - The auction of $69 billion two-year notes received a "C" grade, indicating moderate demand [1] - The auction of $70 billion five-year notes was considered a "B," suggesting solid demand [1] - A six-hour chart of the 5-year notes shows low yields coinciding with the auction's conclusion around 1:00 PM Eastern [1] Yield Curve and Trends - Two-year, three-year, and five-year yields are slightly elevated, flattening the yield curve [2] - Seven-year yields are virtually unchanged, with a $44 billion seven-year auction scheduled for the next day at 1:00 PM Eastern [2] - The 10-year yield has been circulating around 4%, with intraday lows at 394 and highs at 405 over the past two weeks [3] - The 10-year yield has been closing between 395 and 403 over the last couple of weeks, indicating a tight range [3] Impact of Fed Policy - Elevated yields earlier in the month were attributed to the Fed minutes released on October 8th, which highlighted concerns about the labor market [4] - The Fed's concerns about the labor market pushed yields down, acting as a catalyst for an aggressive easing cycle [4] - The market anticipates another easing measure from the Fed this week [4]

BitMine Immersion Technologies now holds over $13.7 billion worth of Ethereum, widening its ETH treasury lead over SharpLink Gaming. https://t.co/hdBaN63AmY ...

Japan’s @Quantum_SKK2338 just became the largest non-US Ethereum treasury, after buying another $8M in ETH in one day. Backed by @CathieDWood @ARKInvest , the firm now leads Asia’s push into corporate crypto holdings. @FrancisBZhouSponsoredhttps://t.co/LKkDYg2pN4 ...

Live from Bloomberg's world headquarters in New York, I'm Scarlet Fu. And I'm Tim Novak. Welcome to Bloomberg Crypto.It's a look at the people transactions and technology shaping the world of decentralized finance. Bitcoin is bouncing back, extending its recovery. A week after we saw billions of dollars of value wiped out in digital assets.In just a moment, we're going to speak to Brian Brooks. He's deeply involved in various crypto boards, including strategies. He's also CEO of the real estate firm Meridia ...

🚨JUST IN: @SHARPLINK ADDS 19,271 $ETH TO ITS TREASURY, LIFTING TOTAL HOLDINGS TO 859,853 ETH ...

🚨UPDATE: EVERNORTH ENTERS AGREEMENT TO RAISE OVER $1 BILLION THROUGH A PUBLIC $XRP TREASURY COMPANY ON NASDAQ UNDER "XRPN" ...

Market Overview - The Bitcoin treasury boom shakeout involves $150 billion [1]

hidden road connects rlusd to $4.6t repo markets earning corporate treasuries 5.4-5.8% vs 4.5% in money markets. 50 basis points on $100m treasury = $500k extra annual yield. gtreasury has 1000 enterprise clients. if 10% pilot with 1% of treasury that's $35b rlusd demand. watch supply metrics not price action ...

Industry Rumors - The industry is hearing rumors about a Zcash treasury company [1]