Stay updated with live crypto news: top coin price rebound and key trends shaping the market landscape on Oct. 20.
Floki Inu price rallied 20% to reach $0.00009 on October 20 after Elon Musk posted a cryptic video showing the Shiba Inu dog Floki as CEO of X, sparking $540 million in trading volume with an 802% increase.
Flōki is back on the job as 𝕏 CEO! pic.twitter.com/Zu29Dos24r
— Elon Musk (@elonmusk) October 20, 2025
Technical analysis shows a falling wedge pattern with potential targets of $0.00037 if the breakout is confirmed, though sentiment remains mixed as the price has retreated to $0.000083.
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Evernorth Holdings will merge with Armada Acquisition Corp II to build the world’s largest institutional XRP treasury, backed by $1 billion in proceeds from investors including SBI Holdings ($200M), Ripple, and Pantera Capital.
The company will actively manage XRP holdings through institutional lending and DeFi yield generation, with the merged entity expected to trade as “XRPN” on Nasdaq in Q1 2026.
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Binance founder Changpeng Zhao predicts Bitcoin will eventually surpass gold’s $29.67 trillion market capitalization, though he doesn’t specify when this flip will occur.
Prediction: Bitcoin will flip gold.
— CZ 🔶 BNB (@cz_binance) October 20, 2025
I don't know exactly when. Might take some time, but it will happen. Save the tweet. pic.twitter.com/bR4Bq0JeVE
This bold claim comes as gold continues hitting consecutive all-time highs while Bitcoin struggles with increased volatility, currently trading at $110,646 compared to its peak of $126,230.
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Blockchain.com is exploring a US public listing through a SPAC deal with Cohen & Company as advisor, following a multi-year preparation that includes raising funds at valuations up to $14 billion and strengthening its leadership team with Wall Street veterans.
The move joins other crypto firms like Circle, Bullish, and Gemini in going public during 2025’s crypto IPO momentum, reflecting growing investor confidence in digital assets.
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Bitcoin miner CleanSpark is expanding into AI data centers, hiring Jeffrey Thomas—who led Saudi Arabia’s multi-billion AI data center initiative—as SVP to oversee operations.
The company secured power and real estate in College Park for Atlanta-area AI compute deployment. Despite Bitcoin’s recent decline from $125,000 to around $111,000, top Bitcoin mining stocks rose an average of 9.72%, with CleanSpark surging 14%.
Nearly every major mining firm is bucking broader crypto market trends | Source: Companiesmarketcap
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