Articles for author: viralnado

October 16, 2025

viralnado

Ether’s Weekly MACD Signals Bearish Trend, Echoing Previous 60% Price Slump

Ether (ETH) has triggered a notable bearish signal on its weekly Moving Average Convergence Divergence (MACD) indicator, a technical development that preceded significant price declines in the past. This occurrence has prompted analysts to closely monitor ETH’s price action as it approaches critical support levels. The MACD, a widely utilized momentum indicator, helps traders assess the strength and direction of price trends. Historically, when ETH’s MACD line crosses below the signal line on a weekly chart, the asset frequently experiences sharp sell-offs. This technical marker flashed a downward cross in early 2025, which was followed by a dramatic drop of

October 16, 2025

viralnado

Australia Proposes Enhanced AUSTRAC Authority to Tighten Crypto ATM Controls

Australia’s government is moving to empower its anti-money laundering agency, AUSTRAC, with broader authority to regulate cryptocurrency ATMs amid rising concerns over illicit activities. On Thursday, Tony Burke, the nation’s Minister for Home Affairs, introduced proposed legislative changes aimed at strengthening AUSTRAC’s capacity to restrict or ban certain high-risk financial products, specifically targeting crypto ATMs. Although detailed provisions of these new powers are yet to be disclosed, officials indicated that further information will be released in the near future. Cryptocurrency ATMs operate by allowing users to convert cash or bank card funds into digital currency, which is then delivered to

October 16, 2025

viralnado

Businesses Embracing Bitcoin, Ethereum, and XRP Payments in 2025

In 2025, cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) have cemented their place as viable payment methods across a broad range of industries. From everyday transactions at coffee shops to luxury real estate, these digital assets are transforming how consumers and companies conduct business. Widespread Acceptance in Daily Purchases

October 16, 2025

viralnado

How Canada’s Economic Policies Contrast with the MAGA Movement’s Agenda

The provocative title “CANADA CRUSHES THE MAGA ECONOMY” hints at a comparative analysis between Canada’s economic strategies and those championed by the MAGA (Make America Great Again) movement in the United States. This framing suggests a narrative where Canada is outperforming or taking a significantly different approach that challenges or undermines the economic principles associated with MAGA politics. In recent years, the MAGA ideology—popularized by former President Donald Trump—has emphasized deregulation, tax cuts, and protectionist trade policies aimed at reviving American manufacturing and job growth. Advocates argue these measures stimulate economic growth domestically by incentivizing businesses to invest and create

October 16, 2025

viralnado

Canada’s Economic Resilience Challenges MAGA Narratives in U.S. Politics

The provocative title “CANADA CRUSHES THE MAGA ECONOMY” hints at a critical examination of Canada’s economic performance relative to the economic policies associated with former U.S. President Donald Trump and his “Make America Great Again” (MAGA) movement. While the specifics of the video’s arguments are unavailable, the phrase suggests a comparison in which Canada may be outperforming or highlighting flaws in the economic strategies championed by MAGA proponents. In recent years, MAGA has become synonymous with a set of economic policies that emphasize deregulation, trade protectionism, tax cuts, and a focus on revitalizing traditional manufacturing sectors in the United States.

October 16, 2025

viralnado

XRP Faces Crucial Test Near $2.40 as Institutional Selling Triggers Market Volatility

XRP experienced a significant sell-off this week, driven primarily by large-scale institutional liquidation across derivatives markets, which erased roughly $10 billion in market value. Between October 14 and 15, the price of XRP dropped sharply from $2.49 to $2.41, marking one of this month’s most pronounced single-day declines for the digital asset. The recent price drop follows a period of sustained selling pressure by major holders, often referred to as whales. Since October 10, approximately 2.23 billion XRP tokens, valued at around $5.5 billion, were transferred onto exchanges. This surge in supply contributed to heavy downside pressure. The futures market

October 16, 2025

viralnado

Ethereum Poised for Huge Scalability Leap with Pico Prism and Consumer GPUs

Ethereum’s scaling ambitions received a significant boost with the unveiling of Pico Prism, a cutting-edge zero-knowledge Ethereum Virtual Machine (zkEVM) designed for real-time block proving using standard consumer graphics hardware. The Ethereum scaling company Brevis revealed on Wednesday that their novel zkEVM technology achieves near-instantaneous cryptographic proofs of Ethereum blocks by harnessing affordable, off-the-shelf GPUs, specifically 64 Nvidia RTX 5090 cards — widely recognized as high-end gaming processors. In tests conducted in September, Pico Prism demonstrated an impressive 99.6% real-time proving rate within under 12 seconds. Real-time proving (RTP) refers to the generation of a cryptographic proof verifying the block’s

October 16, 2025

viralnado

Sen. Whitehouse Sounds Alarm in North Carolina on Climate Change and Home Insurance Challenges

Senator Sheldon Whitehouse’s recent outreach to North Carolina underscores growing concern among lawmakers about the intertwined crises of climate change and home insurance in vulnerable states. The senator, known for his vocal advocacy on environmental issues, brought attention to how escalating climate threats are increasingly destabilizing homeowners’ insurance markets, particularly in regions prone to extreme weather events. North Carolina, with its extensive coastline and rapidly developing communities, has faced a surge in severe hurricanes, flooding, and other climate-driven disasters in recent years. These events have not only caused immediate damage but have also led to a tightening insurance market, where

October 15, 2025

viralnado

Alibaba’s Ant Digital Sparks Interest with Ethereum Layer 2 Blockchain Launch

Jovay Network, a previously low-profile Ethereum Layer 2 (L2) solution backed by Ant Digital—an Alibaba subsidiary—has recently garnered widespread attention after highlighting its Ethereum integration in a recent social media announcement. Although the announcement caught many investors by surprise, Jovay Network was initially introduced as an Ethereum L2 platform during the RWA Real Up conference held in Dubai last April. The project positions itself as a financial-grade blockchain infrastructure, designed explicitly to support global real-world asset tokenization through a “modular Layer 2 architecture that bridges Web2 and Web3 environments.” Jovay’s architecture aims to enhance scalability and interoperability, enabling easier integration

October 15, 2025

viralnado

Analysts Highlight Bitcoin’s Resilience Amid October Lull, Eyeing Potential Rally Toward Gold’s Valuation

Bitcoin (BTC) is exhibiting a slower-than-usual pace in October, remaining steady near the $111,000 level despite a subdued price movement that contrasts with recent surges in gold and silver markets. Currently, bitcoin is trading around $111,500, down approximately 1.2% over the past 24 hours, while several other cryptocurrencies, including ether (ETH), XRP, Solana (SOL), and Dogecoin (DOGE), have experienced sharper declines ranging from 2% to 3%. Despite the lull, a number of analysts interpret bitcoin’s stable performance and resilience amid broader market fluctuations as a sign of underlying strength rather than weakness. During the Digital Asset Summit in London, Quinn