XRP’s Massive Post-Election Rally Raises Valuation Concerns XRP has surged 355% since the 2024 U.S. election, vastly outperforming Bitcoin and Ethereum. The rally followed optimism that the SEC lawsuit would end under a more crypto-friendly administration. With the case now dismissed, RippleNet’s payment infrastructure gained renewed momentum. However, some analysts caution that XRP’s explosive gains…
Ethereum Rebounds Amid Geopolitical Optimism Ethereum (ETH) surged past $4,000 on October 26 as markets reacted to optimism surrounding Trump’s upcoming meeting with Chinese President Xi Jinping. The cryptocurrency gained 10% from its weekly low, mirroring a broader market rally across Bitcoin, Solana, and XRP. The visit follows a positive start to Trump’s Asia tour,…
Bitcoin’s Mainstream Momentum Gains Institutional Support The integration of Bitcoin into the global financial landscape is gaining momentum, with significant institutions acknowledging its developing function as a store of value. A recent report from Deutsche Bank indicates that by 2030, central banks may start incorporating Bitcoin into their financial reserves alongside gold as a strategy…
Hyperliquid Trader Expands Bitcoin Short to $496M With 10x Leveraged Bet A mysterious trader in the Hyperliquid market has significantly increased their Bitcoin short position to around $496 million, employing 10x leverage this week. The decision comes after a prior profit estimate ranging from $160 million to $192 million amid the market downturn caused by…
Jamie Dimon Expresses Concern Over Market Stability JP Morgan CEO Jamie Dimon cautioned about an increased likelihood of a notable decline in the US stock market in the near future. In an interview with BBC reporters, he expressed that he was “far more worried than others” regarding potential corrections in the upcoming 6 to 24…
Racist AI Video Escalates Political Tensions President Donald Trump ignited controversy by posting a racist, AI-generated video on X and Truth Social. The video targeted House Minority Leader Hakeem Jeffries and Senate Minority Leader Chuck Schumer. The post came just hours after the two Democratic leaders met with Trump at the White House for tense…
XRP’s Price Surge Sparks Renewed Attention After years trading below $1, XRP has staged a stunning comeback. Over the past year, the token surged 385% as of September 23, outpacing Bitcoin, Ethereum, and other top ten cryptocurrencies. Despite this rally, growth momentum has recently slowed, leaving investors questioning whether XRP can sustain long-term value. Much…
Wall Street Pulls Back After Record Streak Wall Street paused its rally on Tuesday, retreating from a streak of record-setting sessions. The decline came as investors booked profits from heavyweight tech stocks, raising questions about stretched valuations. All three major indices, which closed at record levels for three straight days, fell in the latest session.…
A Major Shift in U.S. Immigration Policy The Trump administration announced plans to impose a $100,000 annual fee for each H-1B visa. The move marks one of the administration’s most sweeping efforts to reshape skilled worker immigration. The new policy would affect around 85,000 visas issued annually under the program. Companies could face millions in…
Bank of Canada Moves to Support Economy The Bank of Canada lowered its key lending rate to 2.5% on Wednesday, down from 2.75%, in a move aimed at easing pressure on borrowers. The decision follows months of tariff uncertainty as U.S. President Donald Trump’s trade policies weigh heavily on Canadian industries. By cutting rates, policymakers…
