Articles for author: viralnado

October 17, 2025

viralnado

Launch Coin Plummets 34% Amid Transition to New Believe Token Model

The cryptocurrency Launch Coin (LAUNCHCOIN) experienced a sharp decline of over 30% on October 16 following the announcement from its development team that the current token model would be discontinued and replaced with a new design under the Believe ecosystem. Originally operating on the Solana blockchain, Launch Coin was introduced as part of the Believe platform—formerly known as Clout—a launchpad focused on creator-driven communities. The team revealed via an X thread that the existing LAUNCHCOIN token no longer meets the evolving requirements of the Believe ecosystem, prompting the creation of a new token, BELIEVE. The transition plan includes a two-week

October 17, 2025

viralnado

Stellar News: XLM Down 6% Amid Heavy Sell Pressure

Stellar Lumens (XLM) experienced a significant decline of approximately 6.25% between October 16 and 17, slipping from $0.32 to around $0.30 in less than 24 hours. This drop coincided with a sharp increase in trading volume, reaching over 89 million tokens, driven predominantly by institutional activity. Market analysts identified that the downward pressure originated primarily from coordinated profit-taking among institutional investors rather than panic selling by retail traders. The heightened liquidation was concentrated between 06:00 and 08:00 GMT on October 17, during which major corporate treasury managers actively rebalanced their holdings around key technical resistance levels. During the closing hour

October 17, 2025

viralnado

Prediction Markets Gain Traction as DeFi’s Gateway to Mainstream Adoption

Prediction markets are increasingly stepping into the mainstream, emerging as one of decentralized finance’s (DeFi) most accessible and widely understood products. Industry insider Mike Rychko, a researcher with prediction market infrastructure provider Azuro, highlights that these platforms offer clear, digestible insights that resonate beyond crypto communities. In a recent post on X, Rychko noted that prediction markets translate complex forecasts into straightforward probabilities, such as an “87% chance” scenario, making them easily relatable and appealing to the broader public. “Most people will never engage with derivatives exchanges,” he said. “But simple odds — that’s a language anyone gets.” He emphasized

October 17, 2025

viralnado

The Biggest Redistricting Trial Yet Highlights Growing Stakes in America’s Electoral Map

The phrase “The Biggest Redistricting Trial Yet” evokes a landmark legal confrontation surrounding one of the most consequential and contentious issues in American politics: the drawing of electoral district boundaries. Redistricting, the process by which state legislative and congressional districts are redrawn every ten years following the census, has profound implications for political representation, party power, and voter influence. This title suggests a trial that could reshape the rules or outcomes of how districts are drawn for years to come. Redistricting trials often center on allegations of gerrymandering—the manipulation of electoral boundaries to advantage a particular political party or group.

October 17, 2025

viralnado

The Biggest Redistricting Trial Yet: A High-Stakes Battle Over Electoral Maps

The title “The Biggest Redistricting Trial Yet” hints at a landmark legal battle surrounding the drawing of electoral district boundaries—a process with profound implications for political representation in the United States. Redistricting, which typically occurs every ten years following the census, can shape the balance of power in Congress, state legislatures, and local governments for the next decade. This trial likely represents a crucial moment in the ongoing national debate regarding fairness, partisanship, and the rule of law in the redistricting process. Redistricting has long been a contentious issue in American politics. When state legislatures or independent commissions redraw district

October 17, 2025

viralnado

Stablecoins Drive Over $670 Billion in On-Chain Loans as Banks Enter Blockchain Lending

A recent report from Visa reveals that stablecoins have expanded their role far beyond simple trading and payments, now underpinning more than $670 billion in loans issued via on-chain lending platforms over the past five years. According to Visa’s data, monthly lending volumes on blockchain platforms reached $51.7 billion as of August 2025. This activity involves over 81,000 active borrowers, with an average loan amount estimated at $76,000. Lending rates between September 2024 and August 2025 hovered around 6.7%, which aligns closely with traditional credit market benchmarks. The study highlights the growing interest from banks and financial institutions in leveraging

October 17, 2025

viralnado

U.S. Treasury Posts Historic September Surplus Amid Persistent Bitcoin Stagnation

Bitcoin (BTC) continues to face challenges, holding steady around the $105,000 mark, while fiscal developments in the United States show a notably stronger trajectory. The U.S. Treasury recorded a substantial surplus of $198 billion in September 2025, marking the highest monthly surplus ever recorded for that period, according to data reported by CNBC. This fiscal achievement played a key role in reducing the overall budget deficit for fiscal year 2025 to $1.78 trillion, a decrease of approximately $41 billion or 2.2% compared to 2024 figures. September is traditionally a month with a fiscal surplus, primarily due to elevated tax collections.

October 17, 2025

viralnado

FSB Highlights Privacy Challenges Hindering Global Crypto Regulation Efforts

The Financial Stability Board (FSB), an international financial regulatory authority sponsored by the Bank for International Settlements (BIS), has identified significant obstacles in cross-border cryptocurrency regulation, emphasizing privacy concerns as a major impediment. In a comprehensive 107-page peer review report published on Thursday, the organization pointed to persistent regulatory gaps and coordination difficulties among global jurisdictions. According to the FSB, these inconsistencies have resulted in regulatory arbitrage, data insufficiencies, and market fragmentation across the crypto ecosystem, which includes Bitcoin, stablecoins, and other digital assets. One core issue is the fragmented supervisory landscape, where multiple regulatory bodies within individual countries implement

October 17, 2025

viralnado

Concerns Rise Over YouTube’s Alleged Crackdown on Trump-Critical Channels Amid Spam and Bot Activity Claims

The recent video titled “YouTube is now shutting down channels critical to Trump” highlights a growing controversy in the digital landscape surrounding content moderation and political bias on major social media platforms. While specifics about this particular claim are limited, the title reflects wider apprehensions that have been expressed for years regarding YouTube’s handling of politically charged content. In the aftermath of the 2020 U.S. presidential election, online platforms like YouTube, Facebook, and Twitter came under intense scrutiny for their rules on misinformation, hate speech, and coordinated online campaigns. YouTube, owned by Google, implemented more aggressive enforcement policies aimed at

October 17, 2025

viralnado

Stablecoin-Fueled Onchain Loans Surpass $670 Billion Amid New U.S. Regulations

Stablecoins are increasingly driving a significant portion of blockchain-based lending, with over $670 billion in onchain loans recorded in the last five years, according to a recent Visa report. This expansion goes well beyond the traditional use cases of stablecoins in payments and trading, illustrating their growing role in decentralized finance (DeFi) and institutional lending markets. The report reveals that monthly onchain lending volumes hit $51.7 billion as of August 2025. During this period, more than 81,000 active borrowers participated, with the average loan amount reaching approximately $76,000. Borrowing rates on these platforms averaged around 6.7% between September 2024 and