Articles for author: viralnado

XRP Set for Potential 35% Gain Amid Ripple’s Institutional Expansion and Technical Strength

XRP is showing promising signs of a potential price surge as both technical indicators and fundamental developments align to support a bullish outlook. The cryptocurrency recently bounced off a critical support level, sparking optimism around a possible 35% rally in the coming months. Analysts point to XRP’s recovery at the lower boundary of an ascending triangle pattern on its price chart, a formation that has historically preceded sharp upward moves. Notably, in early 2025, similar rebounds from this trendline triggered gains in the range of 70-80%. As of the latest sessions, XRP rose over 8% after testing this support zone,

October 25, 2025

Bitcoin Holds Steady Above $111K as Market Awaits Directional Move

Bitcoin maintained a narrow trading range just above $111,000 in the latest session, as investors and traders awaited a decisive breakout. As of 08:00 UTC on October 25, BTC fluctuated between approximately $111,157 and $111,634, confined within a tight range of around 1.8%, equivalent to roughly $2,025 in value. Analytical data from CoinDesk Research highlighted key resistance levels forming between $111,800 and $111,900, while support was established near the $109,800 mark. This range-bound activity reflected a balance between buying and selling pressure, with no prevailing market driver pushing Bitcoin toward a sustained directional move during the period. Volume dynamics provided

October 25, 2025

Bitcoin ETFs Attract Strong Inflows as Ethereum Spot ETFs Experience Second Consecutive Week of Outflows

Spot Ethereum exchange-traded funds (ETFs) have recorded outflows for the second week in a row, signaling a shift in investor sentiment following months of robust inflows. Data from SoSoValue reveals that Ethereum (ETH) ETFs collectively saw net redemptions totaling $243.9 million during the week ending Friday, following a $311 million outflow the previous week. This trend has brought the cumulative inflows across all Ether spot ETFs to $14.35 billion, while total net assets under management remain at $26.39 billion. These assets account for approximately 5.55% of Ethereum’s overall market capitalization. On the final day of the week, ETH funds faced

October 25, 2025

Ontario Invests $75 Million in Ad Campaign Citing Ronald Reagan to Oppose Tariffs

In a bold communication strategy, the Ontario government has launched a $75 million advertising campaign utilizing the words of former U.S. President Ronald Reagan to make a case against the imposition of tariffs. The move underscores the province’s determination to advocate for free trade principles amid ongoing tensions in international trade relations that have direct economic consequences for Canada’s largest province. The choice to reference Ronald Reagan—a prominent figure known for championing free-market policies and reducing trade barriers—signals Ontario’s appeal to historical arguments favoring economic openness and cooperation. By invoking the legacy of Reagan, the campaign appears designed to resonate

October 25, 2025

Ripple Prime Launches as Integrated Brokerage Desk to Boost RLUSD Stablecoin Usage

Ripple has officially completed its acquisition of the global prime brokerage firm Hidden Road, unveiling the newly branded entity Ripple Prime as a comprehensive institutional trading, financing, and clearing solution, the company announced on Friday. The transformation marks a significant milestone for Ripple, with Ripple Prime’s business volume tripling since the initial acquisition reveal earlier this year. Currently, Ripple Prime serves over 300 institutional clients and has processed more than $3 trillion across multiple asset classes and markets. Ripple Prime is designed as a one-stop prime brokerage that integrates a wide range of financial products, including digital assets, foreign exchange

October 25, 2025

Bank of England Investigates Lending to Data Centers Amid Rising AI Investment Risks

The Bank of England (BOE) has launched an investigation into the growing trend of financiers lending to data centers as a means to capitalize on the expanding artificial intelligence (AI) sector, according to a report by Bloomberg. In recent months, the UK’s central bank has been assessing potential market vulnerabilities linked to inflated valuations in AI-related companies. The BOE has expressed concerns that a sharp correction could occur, drawing parallels to the dot-com bubble burst in the early 2000s. Expanding its focus, the BOE is now scrutinizing the financial connections between AI enterprises and lenders who are increasingly channeling funds

October 25, 2025

FBI Concludes NBA Gambling Investigation Amid Broader Concerns Over Sports Integrity

The recent announcement that the FBI has dropped its investigation into alleged gambling activities within the National Basketball Association (NBA) marks a significant development in the intersection of professional sports and federal law enforcement. The video titled “FBI Drops NBA Gambling Probe” hints at the closure of a high-profile inquiry that, if substantiated, could have had wide-reaching implications for the league and its stakeholders. Gambling and sports have long maintained a complex relationship, especially in major leagues like the NBA, where the integrity of the game is paramount. Allegations or investigations related to gambling often raise concerns about potential match-fixing,

October 25, 2025

FBI Closes Investigation into NBA Gambling Allegations Amid Scrutiny of Sports Integrity

The recent announcement that the FBI has dropped its probe into gambling allegations within the National Basketball Association (NBA) marks a significant development in the intersection of sports and federal law enforcement. The title “FBI Drops NBA Gambling Probe” suggests the closure of an inquiry likely centered on concerns about illegal betting activities potentially influencing professional basketball games. Sports gambling and its regulation have become increasingly prominent topics in the United States, especially following the Supreme Court’s 2018 decision to allow states to legalize sports betting. This shift has raised both opportunities and challenges for professional leagues, including managing the

October 25, 2025