Thrilling Cryptocurrency Updates from 20th October 

Cryptocurrency Updates from 20th October 

The world of cryptocurrency was buzzing yesterday with some crazy developments.  Here is your front row seat to the major news that broke. 

Coinbase is dropping $25 million to revive a podcast 

First up, Coinbase is making waves in the crypto space with a whopping $25 million move to revive the legendary UpOnly podcast.

Now this isn’t just any podcast, it was a fan favorite during the 2021 bull run, hosting big names in the crypto world. 

Coinbase CEO Brian Armstrong spilled the beans, confirming they got a high-value NFT to bring back the show for a new season. This NFT by the way is now the fifth priciest in cryptocurrency history, that bets on nostalgia and community engagement. 

Ripple Labs maybe turning heads in the cryptocurrency arena

Meanwhile, Evernorth Holdings, a digital asset powerhouse tied to Ripple Labs, is at the edge of a $1 billion public listing that’s turning heads in the cryptocurrency arena. 

With a $200 million boost from Japan’s SBI Holdings, plus support from big names like Ripple, Pantera Capital, Kraken, and GSR, Evernorth Holdings is gearing up to build one of the largest XRP treasuries in the world. It will trade under the ticker XRPN.

Evernorth’s CEO, Asheesh Birla says this is a game-changer for cryptocurrency fans looking to ride the XRP wave.

Through a merger with Armada Acquisition Corp. II, a Nasdaq-listed SPAC, Evernorth is set to cash in on the growing appetite for publicly traded crypto firms. 

Is Bitcoin not cryptocurrency? – So many opinions!!!!

Jack Dorsey, the Twitter founder and Bitcoin cheerleader, stirred the pot when he said, “Bitcoin is not crypto.” His statement on X sparked over 4,000 comments, igniting a massive debate in the cryptocurrency community. 

Dorsey argues Bitcoin’s roots as a “peer-to-peer electronic cash” system, as outlined in the 2008 Bitcoin white paper, set it apart from the broader crypto world. He points out that the white paper never mentions “crypto”. 

Now, while some fans cite Satoshi Nakamoto’s 2010 Bitcointalk post calling Bitcoin a “peer-to-peer cryptocurrency,” Dorsey doubles down on the “currency” part. 

Rumors still swirl about his ties to Nakamoto, and Dorsey’s “No, and if I were, would I tell you?” keeps the mystery alive.

These stories highlight the unstoppable energy in the cryptocurrency market. Whether you’re a Bitcoin maximalist, an XRP fan, or just crypto-curious, today’s news proves one thing: the cryptocurrency revolution is moving faster than ever. Stay tuned for more updates, and don’t miss out on the action, subscribe to our socials now.

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Rachael Kongahage

I'm a passionate and experienced Writer, Broadcaster, and Communications professional with a diverse background spanning sustainability, digital transformation, branding, employee communications, Web3, crypto, and current affairs. I thrive on blending storytelling, voice, strategy, and news reporting to engage and connect with audiences in meaningful and impactful ways.
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