Articles for category: Crypto

October 18, 2025

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Renewed Strain on US Regional Banks Coincides with Bitcoin Slump to Four-Month Low

Several US regional banks are exhibiting signs of renewed financial stress despite efforts to strengthen their positions following the 2023 banking turmoil. This development has sparked discussions within the crypto community about Bitcoin’s potential response to a possible liquidity crunch. Jack Mallers, CEO of payment firm Strike, highlighted Bitcoin’s current price movement as an indication that the market is anticipating upcoming liquidity challenges. Speaking on the social media platform Primal, Mallers noted, “Bitcoin is accurately smelling trouble right now.” He further asserted that the Federal Reserve might be compelled to inject substantial liquidity to stabilize the financial system, which could,

October 17, 2025

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Bitcoin Falls Below $107K Amid Four Consecutive Days of Crypto Market Decline

Bitcoin (BTC) and Ethereum (ETH) continued their downward trajectory on Friday, as apprehension stemming from geopolitical conflicts and economic uncertainties weighed heavily on the cryptocurrency market. Bitcoin dropped to approximately $106,400, marking a 2% loss over the day, while Ethereum slipped 3.2% to near $3,830. The crypto sector extended its losing streak to four days, reflecting investors’ cautious stance amid increasing tensions and unresolved domestic challenges. The prolonged U.S. government shutdown and complex global developments, including diplomatic engagements related to the Russia-Ukraine conflict, have contributed to subdued market sentiment. Expert Analysis on Bitcoin’s Outlook John Glover, Chief Investment Officer at

October 17, 2025

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Astra Nova Secures $48.3M to Advance AI-Driven Web3 Entertainment Platforms

Astra Nova, a company specializing in AI-powered Web3 entertainment and infrastructure, has successfully raised $48.3 million to expand its portfolio of tokenized content creation tools and platforms aimed at digital creators. The recent capital injection includes $41.6 million from a strategic funding round and supplements earlier investments from notable backers such as Outlier Ventures, as well as family offices and institutional investors located in Saudi Arabia, the United Arab Emirates, and Bahrain. This information was disclosed in an official announcement shared with CoinDesk. Astra Nova focuses on developing user-friendly blockchain solutions that enable creators to build interactive entertainment offerings without

October 17, 2025

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Stripe’s Tempo Blockchain Secures $500M Funding, Valued at $5 Billion

Stripe’s ambitious blockchain initiative, Tempo, has successfully raised $500 million in a Series A funding round, propelling its valuation to $5 billion. The investment round was led by prominent venture capital firms Greenoaks and Thrive Capital, with participation from Sequoia Capital, Ribbit Capital, and Ron Conway’s SV Angel. Notably, Stripe and Paradigm, the venture capital firm collaborating with Stripe on this project, did not add additional capital in this round, according to an individual familiar with the matter. Tempo represents Stripe’s first foray into developing a custom layer-1 blockchain, specifically designed with a focus on payment processing and financial applications.

October 17, 2025

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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

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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

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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

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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

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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

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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