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Fear and Hope: Bybit x Santiment Social Sentiment Report on OM Collapse and XPR EFT

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DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released a comprehensive social sentiment analysis report in collaboration with crypto market intelligence platform Santiment, uncovering critical insights into two contrasting narratives currently shaping the crypto landscape: the unprecedented collapse of MANTRA’s OM token and growing optimism surrounding potential XRP ETF approvals. The mixed picture against the backdrop of paradigm shifts in macroeconomics has led to market polarization, the report said. 

Key Findings: 

MANTRA’s OM token experienced a catastrophic 90% price drop on Apr. 13, 2025, erasing over $5.4 billion in market cap. The project blamed it on forced liquidations by exchanges, while on-chain analytics revealed suspicious trading activity prior to the collapse.Meanwhile, Teucrium’s launch of the first US-based XRP ETF (ticker: XXRP) generated over $5 million in volume on its first trading day, reflecting rising institutional interest.Social media sentiment analysis shows dramatically divided investor confidence following these developments

The OM Crash – The Controversies 

The report details how MANTRA’s OM token took a dive of 90% from $6.35 to $0.37 within hours, slashing its market cap from $6.11 billion to $683 million. While CEO Mullin called out exchanges for “reckless forced liquidations” during low-liquidity periods, on-chain data revealed suspicious pre-crash activity with 43.6 million OM tokens ($227M) deposited into exchanges by 17 wallets shortly before the price drop. 

Trust eroded further when MANTRA’s Telegram group disappeared post-crash, fueling rug pull speculation. OKX launched an investigation into suspicious activities dating back to Mar. Despite a modest recovery to $0.73 by Apr. 15, investor confidence remains shattered. MANTRA’s recovery plan including token buybacks and community engagement through its $109 million Ecosystem Fund faces widespread skepticism.

XRP Spot ETF – The Needed Confidence Boost

XRP has emerged as the frontrunner for the next US spot ETF approval, with Teucrium’s first US-based XRP exchange-traded fund (XXRP) celebrating a successful launch day. According to Kaiko Indices, XRP leads with ten active ETF applications, boasting the highest average 1% market depth among major altcoins—a crucial factor for ETF functionality. Market optimism centers on the May 22 SEC decision on Grayscale’s XRP Spot ETF application, with analysts watching key resistance levels at $2.24 and $2.38. XRP has attracted over $31.8 million in net exchange inflows this week (its third highest of 2025). Ripple’s bold projections expect the tokenized asset markets to grow to 18.9 trillion by 2033, from $0.6T today. 

The report also highlights broader macroeconomic factors influencing market sentiment, particularly the ongoing US-China trade tensions, as the world gets caught in tariff threats. While markets experienced a brief respite in recent days, the underlying threat to global economies remains present as investors and policymakers brace for the next development in this trade saga. 

With BTC settling into a relatively stable range between $83,000 and $86,000, market participants are watching closely for the upcoming Federal Reserve meeting on May 7, where a 54% probability of a rate cut could further impact market dynamics. 

The full Bybit x Santiment report is available for download.

#Bybit / #TheCryptoArk / #BybitResearch

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com 

For updates, please follow: Bybit’s Communities and Social Media

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Bybit

tony.au@bybit.com

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IBM Unveils Its Most Advanced Quantum Computer in Chicago, Marking a Milestone for Illinois’s Quantum Future

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Hosted by the University of Chicago, IBM Quantum System Two is now operational at Hyde Park Labs and will be a prominent fixture of Illinois Quantum and Microelectronics Park (IQMP) upon the site’s completion.

IBM’s first quantum computer in Illinois extends the company’s industry and academic partnerships across the state, enabling the Illinois ecosystem and beyond to scale quantum algorithms and applications.

CHICAGO, Nov. 6, 2026 /PRNewswire/ — IBM (NYSE: IBM), the University of Chicago, the State of Illinois, and Illinois Quantum and Microelectronics Park (IQMP) today unveiled an IBM Quantum System Two in Chicago, IBM’s first quantum computer in Illinois and the company’s most advanced system available. Initially located at Hyde Park Labs and hosted by the University of Chicago, the system is fueled by IBM Quantum Nighthawk, the most powerful quantum chip IBM has ever built.

Today, organizations across Illinois are already working with IBM to explore how quantum computing can scale to computationally difficult challenges. The new system aims to catalyze the state’s robust ecosystem of scientists, universities, national laboratories, startups, and enterprises, many of whom are collaborating with IBM in Chicago within IQMP’s National Quantum Algorithm Center (NQAC) to develop the next generation of algorithms and applications. As the anchor system of NQAC, which was established in 2024 by Illinois Governor JB Pritzker with IBM as a leading member, the new quantum computer will ultimately be moved to IQMP, a first-of-its-kind campus in Chicago currently being built to develop and scale quantum technology and microelectronics innovation.

“IBM is proud to deploy our first quantum computer of IQMP — an IBM Quantum System Two. Today, it can deliver scientifically useful results to organizations across the state of Illinois and beyond,” said Arvind Krishna, Chairman and CEO, IBM. “As IBM’s first quantum computer in Illinois, the system’s deployment marks a milestone for Illinois’ quantum community and builds on IBM’s partnerships across the state as we expand quantum research across academia and industries.”

“I want the next generation of breakthroughs to happen in Illinois and the jobs and opportunity that come with them to benefit the people of Illinois,” said Governor JB Pritzker. “With the unveiling of IBM’s Quantum System Two in Hyde Park, we are giving researchers and businesses the tool to turn big ideas into real-world solutions. With our growing partnership with IBM, we are building an industry that will give Illinoisans more career opportunities and build a future right here at home.”

“The presence of IBM’s first quantum computer in Illinois, the company’s most advanced system available, is a testament to what’s possible when partners across government, industry and academia work together toward a shared vision,” said Harley Johnson, CEO of the IQMP. “Today reflects the unique strength of Illinois’ quantum ecosystem. We’re thrilled to see IBM Quantum System Two at Hyde Park Labs while the Park is under construction, and we’re more energized than ever to welcome it to the IQMP, where it will anchor the National Quantum Algorithm Center and further establish Illinois as the global destination for quantum innovation.”

“The deployment of IBM’s Quantum System Two represents the culmination of a years-long partnership that brought together academia, government, and private industry to usher in a new generation of discovery. I am delighted that this machine is being unveiled here in Hyde Park, where our neighbors and community will have a view into the future,” said University of Chicago President Paul Alivisatos.

“IBM Quantum System Two brings another critical capability to Illinois’ growing quantum ecosystem and showcases the collaboration that makes our state such a draw,” said Illinois Economic Development Corporation President and CEO Christy George. “For companies developing quantum technologies and applications, access to advanced computing systems, leading researchers, and industry partners in one place is a powerful advantage. This investment strengthens Illinois’ position as a destination for companies looking to innovate, grow, and help shape the future of quantum computing.”

This new IBM Quantum System Two advances IBM’s mission to bring useful quantum computing to the world and extends the company’s commitment to advancing Illinois as a global epicenter for quantum innovation.

Since NQAC’s founding, IBM has helped grow the center into a hub within Chicago where industry leaders work side-by-side with IBM researchers to build quantum applications that can scale alongside technical progress in the field. This includes NQAC Grand Challenge participants Deloitte and AbbVie, who are working with IBM and Northwestern University to build quantum molecular simulation approaches for researchers engaging in drug discovery.

Other Grand Challenges participants working with IBM include EPRI and the University of Illinois Urbana-Champaign (U. of I.) to explore how quantum optimization algorithms could lead to more efficient power grids.

Additionally, research institutions and national labs such as Fermilab are working with IBM in Illinois to accelerate high-energy physics research with quantum and advance technologies for distributed quantum computing. 

IBM is also teaming with leading universities such as the University of Chicago and U. of I. to push technological progress in quantum computing. For example, IBM and the University of Chicago recently demonstrated quantum advantage over leading classical methods using an approach with guaranteed correctness.

Now, IBM’s quantum computing technology is being brought physically into Chicago. Through NQAC, the new quantum computer will empower Illinois’ quantum community to develop new algorithms and applications that will translate to real-world impact. And it will serve as a catalyst for developing Illinois’ current and future quantum workforce. Earlier this year, IBM announced it would establish the FutureNow Chicago center at the IQMP in partnership with City Colleges of Chicago, to bring 750 jobs to the region across AI, cybersecurity, data science, quantum computing and other technologies. 

With the arrival of IBM Quantum System Two, Chicago and the State of Illinois will be cemented as a leading destination for quantum innovation, industrialization, and workforce development.

Supporting Quotes

“IBM’s continued partnership and the unveiling of IBM Quantum System Two mark an exciting moment for the industry and our state’s quantum ecosystem,” said Brad Henderson, CEO of P33. “Deepening collaboration between industry, our universities, national labs, and state government is what sets us apart and further cements Illinois as a global leader in quantum technology.”

“We are proud to contribute the University of Illinois Urbana-Champaign’s expertise and decades of leadership in supercomputing alongside our higher education and corporate partners,” said Illinois Chancellor Charles L. Isbell, Jr. “As a public-serving university, Illinois’ mission is to advance education, research, and economic opportunity across the state, and we’re excited to engage in work that translates the brilliance of Illinois faculty into tangible, real-world impact that affirms the state of Illinois and Chicago as the epicenter of the next generation of technological progress.”

“This is a significant milestone in advancing Illinois’ quantum economy and turning our state’s world-class research capabilities into real-world economic opportunity,” said Illinois Department of Commerce and Economic Opportunity Director Kristin Richards. “Through the State’s leadership and strategic investments in quantum, we are building an ecosystem for long-term industry growth, new business investment, and high-quality jobs.”

About IBM

IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. 

For more information, visit https://research.ibm.com. 

Media contacts: 

Brittany Forgione
IBM
Brittany.forgione@ibm.com

Erin Angelini
IBM
Edlehr@us.ibm.com

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Parliamentary Secretary Rochefort to participate in a milestone event

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HUNTSVILLE, ON, Nov. 6, 2026 /CNW/ — Pauline Rochefort, Parliamentary Secretary to the Secretary of State for Rural Development, on behalf of the Minister of Energy and Natural Resources, the Honourable Tim Hodgson, will take part in a forestry milestone event. Media availability will follow.  

Date: Monday, November 9, 2026

Time: 9 a.m. ET

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

Follow Natural Resources Canada on LinkedIn

SOURCE Natural Resources Canada

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IDP Introduces Agent-Native System of Action, Unifying Humans and AI Agents in One Enterprise Workspace

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Powered by proprietary Universal Agent Protocol™ (UAP), IDP unifies AI agent development, reasoning, orchestration, customer intelligence and enterprise execution. Tim Dahle and Red Rock Auto Group report 2X the appointment conversion rate of traditional BDC operations.

CAPE CORAL, Fla., Nov. 6, 2026 /PRNewswire/ — IDP (ID Privacy AI), an agentic AI technology company, today introduced its Agent-Native System of Action, a unified enterprise platform that enables human employees and AI agents to share customer intelligence, coordinate workflows and execute business tasks across existing enterprise systems.

Powered by its proprietary Universal Agent Protocol™ (UAP), IDP combines AI agent development, intelligent reasoning, multi-agent orchestration, persistent customer intelligence and enterprise execution in one operating environment. 

Through MyIDP.app, employees and AI agents collaborate within a shared workspace while existing CRM, DMS, scheduling and communication platforms remain in place.

To learn more about IDP, its platform and solutions, visit https://www.tryidp.com. 

The announcement is supported by customer-reported results from Tim Dahle and Red Rock Auto Group, where Josh Worthington, Vice President of Operations, reports a 12% appointment conversion rate compared with approximately 6% through traditional BDC operations, representing twice the reported conversion rate.

“The difference with IDP has been incredible,” said Worthington. That’s double the conversion rate, and we’re accomplishing it with technology designed to actually execute the work.”

Solving Decades of Enterprise Fragmentation

“For decades, automotive software has been fragmented, leaving dealerships with disconnected data and workflows,” says Albert Thompson, Founder and CEO of IDP. “Adding standalone AI agents to this broken infrastructure only compounds the chaos. Instead of more disjointed tools, IDP’s Agent-Native System of Action connects existing investments through a universal execution layer.”

From AI Conversations to Completed Business Outcomes

For automotive retailers, the difference between conversational AI and operational execution is particularly visible in service scheduling.

An AI agent may successfully answer a customer’s call, but completing the request requires access to customer records, dealership policies, scheduling availability and operational systems.

When those systems remain disconnected, employees must manually complete or verify the work.

“Automotive AI providers often fail to connect customer conversations with execution,” Worthington noted. “Our previous platform couldn’t schedule appointments or generate tasks, forcing employees to manually review every interaction. Instead of eliminating work, it just created another system for them to babysit.”

IDP’s approach prioritizes completed business outcomes, including confirmed appointments, coordinated follow-up, exception handling and operational visibility.

Systems of record preserve business information. IDP’s System of Action coordinates the work.

Dealer Leadership Perspective: The Future of Automotive AI

As automotive retailers evaluate AI adoption, dealer leadership is increasingly focused on technologies that connect existing investments, support employees and deliver measurable operational value.

Paul Sansone Jr., Founder, Sansone Jr Auto Group 

“My advice to operators is simple: the train is already moving, and it’s moving fast. I really believe the dealerships that figure out how to combine great people with great technology are going to have a significant competitive advantage over the next several years.”

The Technology Behind IDP’s Agent-Native System of Action

IDP’s platform combines five complementary capabilities designed to support the lifecycle of enterprise AI agents, from development and deployment through reasoning, orchestration, execution and human collaboration.

Agent Studio: AI Agent Development and Management. IDP’s Agent Studio enables businesses to configure, deploy and manage AI agents across voice, SMS, email and web channels. Reusable agent configurations support business-specific workflows, operating policies and escalation requirements.Intelligent Reasoning and Multi-Agent Orchestration. IDP’s reasoning and orchestration capabilities are designed to interpret customer intent, apply shared context, coordinate multi-step workflows and delegate supported actions between agents and employees. Business rules and human oversight help govern execution.Universal Agent Protocol™ (UAP): Enterprise Execution. UAP is IDP’s proprietary business-action abstraction, orchestration and execution framework. It is designed to translate business objectives into authorized actions across supported CRM, DMS, scheduling and enterprise applications. Unlike connectivity protocols that primarily expose tools to AI applications, UAP addresses the additional requirements of coordinating business workflows, applying permissions, managing exceptions and verifying outcomes.Context Graph: Unified Customer Intelligence. IDP’s Context Graph connects available customer identity, vehicle relationships, website signals, communication history and operational events across supported systems. By combining existing records with available real-time signals, it creates a continuously enriched customer context that employees and agents can use throughout sales, service and ownership lifecycle interactions.MyIDP.app: The Human-Agent Enterprise Workspace. MyIDP.app provides a shared working environment where employees and AI agents can review conversations, coordinate tasks, guide agent behavior and manage exceptions. Employees can direct supported agent workflows and customer engagement while maintaining visibility into operational activity, using: Teach to provide guidance to agentsTell to direct supported actionsBlasts for configured customer outreach

“The future isn’t humans versus AI,” Thompson said. “It’s humans and AI working as one team. Employees should be able to teach agents, delegate work, understand what’s happening and step in when their judgment matters.”

Built in Automotive. Designed for Enterprise.

IDP’s technology has supported more than 130,000 booked automotive appointments, providing operating experience across customer engagement, scheduling and dealership workflows.The company has developed its platform within an automotive ecosystem that includes dealership groups, enterprise software integrations and OEM certification programs involving Nissan, INFINITI and Mitsubishi.IDP’s architecture is designed to support both its own AI agents and compatible third-party agent technologies, creating opportunities for enterprises and software partners to use shared intelligence and execution capabilities without replacing existing systems of record.The company is exploring applications beyond automotive, including retail, hospitality and home services, where fragmented software, customer engagement and workforce coordination present similar challenges.

Automotive retail provides a demanding proving ground for agent-native execution, with customer interactions spanning multiple systems, departments and communication channels.

“Automotive is where we’re building and proving this model, but the problem exists in almost every industry,” Thompson said. “The next major shift in enterprise software isn’t another CRM, another dashboard or another AI assistant. It’s a System of Action where humans and AI agents share the intelligence, authority and infrastructure to actually get things done.”

To learn more about IDP and the System of Action, visit https://tryidp.com. You can see the system in action, listen to sample calls, and work with an IDP AI agent to schedule a demo.

About IDP

IDP (ID Privacy AI) is an agentic AI technology company developing an Agent-Native System of Action for automotive retail and enterprise operations.

Its platform combines AI agent development, intelligent reasoning, multi-agent orchestration, proprietary Universal Agent Protocol™ (UAP), persistent customer intelligence through Context Graph, and human-agent collaboration through MyIDP.app.

IDP connects AI-powered voice, SMS, email and web engagement with existing enterprise systems and supported business workflows.

Headquartered in Cape Coral, Florida, IDP is advancing an operating model in which humans and AI agents share intelligence, coordinate actions and complete measurable business work.

Website: https://tryidp.com 

Media Contact:
Albert Thompson
Founder & CEO, IDP
albert@idprivacy.ai
443-370-9143

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