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BRICS is working towards building a parallel financial system providing an alternative to the US and Western-led global hegemony. The alliance is using local currencies, launching new payment mechanisms, and rewriting trade deals to its benefit. All of these cause harm to the long-term prospects of the US dollar while their economy reduces dependence on the West. Also Read: China–ASEAN Pact Reshapes BRICS Trade as Yuan Hits New Milestone BRICS: Can Their Parallel Financial System Fully Work? Source: Getty Images The short answer is yes, they can build one. BRICS can build a parallel financial system that works. However, building it and replacing the US and West-dominated financial system is challenging. The challenge occurs as the alliance is a diverse bloc having no common ground. Each economy is still developing, while many others remain poor. They need to maintain a balance in developing their own economy and also that of the alliance. This would involve pouring in more time, energy...

Ripple’s XRP token might just become the top player of 2025. The asset hit multiple milestones over the last several months. The most significant achievement was the settlement of the SEC lawsuit. The lawsuit presented substantial challenges to XRP’s price. However, after the lawsuit was put to an end, the asset climbed to a new all-time high after nearly seven years. In this article, let’s discuss why XRP could become a trillion-dollar cryptocurrency by 2035. Why XRP Could Become a Trillion-Dollar Project By 2035 Source: Shutterstock Ripple, the company that utilizes the XRP Ledger, has made significant inroads into blockchain technology. Even when XRP was struggling to gain momentum due to the SEC lawsuit, Ripple saw consistent partnerships and adoption. Japanese banks, in particular, have been extremely bullish on Ripple’s technology. A similar trend could emerge in the US over the coming years. ETFs have played a massive role in Bitcoin’s (BTC) incredib...

Bitcoin bounced above $110K after President Donald Trump and China’s Xi Jinping agreed a one-year trade truce, lowering the temperature in a heated confrontation that had threatened to upend the global economy. The deal eased fears of further escalation in the US-China trade war that rocked global markets earlier this month. Bitcoin, which plunged near $108K before the announcement, recovered on the news to trade at $110,318.60 as of 5:35 a.m. EST, according to data from CoinMarketCap . BTC price (Source: CoinMarketCap) Under the pact, China will delay export controls on rare earths for a year, while the US will scrap planned 100% tariffs on Chinese goods and halve a fentanyl-related duty. Still, the truce left many trade disputes unresolved, tempering optimism across risk assets. Despite Bitcoin’s recovery, crypto sentiment remains cautious. The Crypto Fear & Greed Index plunged to 34, signaling “Fear,” after a 17-point drop from yesterday...

Strategy (MSTR) founder Michael Saylor forecasts Bitcoin (BTC) to reach $150,000 by the end of 2025, he said in a recent interview. The popular Bitcoin bull hasn’t been shy in his optimism about BTC, always suggesting it to be the future of finance and labeling it “digital gold.” The former Strategy CEO recently spoke about cryptocurrency in an interview, giving a bullish forecast for the end of the year. JUST IN: Michael Saylor predicts Bitcoin will reach $150,000 by end of this year. pic.twitter.com/ovPz5fMFLW — Watcher.Guru (@WatcherGuru) October 29, 2025 Saylor, in his latest interview, predicted the rise of Bitcoin, adding how the coin is already on path to hit $150,000 in due time. “Our expectation right now is the end of the year,” he said to MSN. “It should be about one hundred and fifty thousand dollars. And that’s the consensus of the equity analysts that cover our company and the Bitcoin industry right now.” The BTC bull went on to lo...

The cryptocurrency domain is extremely lucrative, given the fact that one has an eye to search for beauty in heaps of products hindering one’s vision. The domain is known for delivering worthy gains to those who have a knack for identifying winners, the ones that can sustain the bouts of volatility that the crypto market is known for. Among such incidents, one lucky investor was able to gauge market prospects, banking on a single crypto that gave him gains worth 12971%. What is this entire setup all about? Let’s find out. Also Read: Ethereum Price: $11K Move Is Coming Fast, Plan Your Returns Now One Lucky Investor Records 12971% Worth Of ETH Gains Source: Forbes As per the latest post by LookOnChain, an early Ethereum ICO participant’s wallet suddenly became active, moving nearly 1500 ETH tokens to Kraken. Per the details shared by the portal, this participant has received 20,000 ETH tokens at genesis, at a purchase cost of $6.2K. These tokens at the current ETH crypto marke...

The launch of the Bitwise Solana Staking ETF (BSOL) marked a standout debut in the U.S. cryptocurrency ETF market on Tuesday. According to Eric Balchunas of Bloomberg Intelligence, BSOL generated around $56 million in first-day trading volume, making it the most active newly launched ETF of 2025, he said in an X post on October 28.  The fund was seeded with roughly $220 million; had the entire amount been deployed, trading volume could have approached $280 million, surpassing the debut of the Ethereum-based ETF. Final tally of Day One trading.. $BSOL: $56m$HBR: $8m$LTCC: $1m I can't believe how close I came. ETF sixth sense for the win. Wish there was a @Polymarket for this I'd be rich. https://t.co/TODOk13WUt — Eric Balchunas (@EricBalchunas) October 28, 2025 Alongside the strong volume, BSOL attracted about $222.8 million in assets on its first day. Balchunas described the launch as “unusually large for a crypto ETF debut,” noting that such flow...

Institutional investors just bought an overall total of $921 million in crypto assets in the last week, according to a new update from Coinshares. The surge marks a rebound after multiple choppy weeks, driven by better investor confidence from lower-than-expected US CPI data and hopes for more rate cuts. Bitcoin led the charge with $931 million in inflows, pushing its year-to-date total to $30.2 billion. Since the U.S. Federal Reserve started cutting rates, Bitcoin has seen $9.4 billion in cumulative inflows. Ethereum bucked the trend with $169 million in outflows, its first in five weeks, despite strong demand for leveraged products. Solana and XRP inflows cooled to $29.4 million and $84.3 million, respectively, ahead of expected U.S. ETF launches. Regionally, the US dominated with $843 million in inflows, while Germany hit a record $502 million. Switzerland saw $359 million in outflows, mainly from asset transfers between providers. Global ETP trading volu...

Ethereum is now gaining widespread momentum as one of those revolutionary blockchains that have the power to “reboot” the world. Fundstrat’s Tom Lee is betting big on Ethereum’s tokenization capability and believes that the asset is still underrated and is on the brink of a positive price explosion in the near future. Also Read: Public Firms Hold $19 Billion in Ethereum: 95% Jump in 3 Months What Ethereum Can Truly Become: Fundstrat’s Tom Lee Explains Source: Pixabay Fundstrat’s Tom Lee, in a recent podcast, has explained how Ethereum might be entering into its super cycle moment, or perhaps has entered already. Per Lee, Ethereum is evolving into a core product offering exceptional tokenization capabilities, which, once manifested in form, could help trigger an ETH price breakout rally. Lee later compared the blockchain to one of the most classic 1971 Wall Street moments, stating how Ethereum is slowly embracing tokenization narratives. “But Ethereum, which we’ve...

The global non-fungible token market continues to attract institutions, businesses and prominent figures. Reid Hoffman, the co-founder of LinkedIn and a well-known venture capitalist, is the latest prominent figure to declare his foray into the burgeoning non-fungible token sector. Reid has picked a CryptoPunks profile picture as his profile image for his X account (formerly Twitter). Reid Hoffman Enters The NFT Space In an October 24 blog post, Mr. Reid Hoffman confirmed that he has eventually joined the non-fungible token space. Hoffman is a prominent American entrepreneur, investor, and author, best known as the co-founder of LinkedIn, the world’s largest professional networking service. A key figure in Silicon Valley, he is a partner at Greylock Partners and has been a prominent investor in and advocate for artificial intelligence, co-founding companies like Inflection AI. Picked this guy up a few months ago. Been investing in the space since 2013, and now excited to joi...

The Sui price edged down a fraction of a percentage over the last 24 hours to trade at $2.46 as of 4:00 a.m. EST on trading volume that plunged 21% to $843 million. That’s even as 21Shares updated its Sui exchange-traded fund (ETF) application with the US Securities and Exchange Commission (SEC). The firm filed a second amended S-1 for its spot Sui ETF application after the market close on Oct. 23. The issuer updated its Sui ETF with crucial information, but there is no mention of the ticker and fees. $SUI ETF Update: @21shares $SUI Spot ETF S-1 Amendment #2 filed with #SEC after market close today.@SuiNetwork @21shareshttps://t.co/U9NJcdqnDm pic.twitter.com/fxNKfG3ztz — MartyParty (@martypartymusic) October 23, 2025 Meanwhile, the filing shows that 21Shares US LLC has entered into a staking services agreement with Coinbase Crypto Services. 21Shares updated the filing by mentioning Nasdaq as the exchange for listing and trading shares. The issuer added that the Bank ...

The Solana price surged 1.6% in the last 24 hours to trade at $187 as of 3:30 a.m. on an 11% fall in trading volume to $7.13 billion. This surge comes on the heels of news that Hong Kong has become the first place in the world to approve a spot Solana ETF, beating out the US as its approvals are slowed by the government shutdown.​ 🚨 JUST IN: 🇭🇰 Hong Kong has officially approved the first-ever $SOL Spot ETF by ChinaAMC! Solana just joined the big leagues — institutional money is coming 🟣🔥#Solana #Crypto #ETF pic.twitter.com/y7CUN32aJW — SMC KAPIL DEV (@smckapildev) October 22, 2025 The approval is a major milestone for the Solana community. The new ETF, managed by ChinaAMC, will begin trading on the Hong Kong Stock Exchange on October 27. Investors will be able to buy shares in the ETF using USD, Chinese yuan, or Hong Kong dollars. With regulators in the US still reviewing similar products, this decision positions Hong ...

The Ethereum price fell a fraction of a percent in the last 24 hours to trade at $3,858.54 as of 4 a.m. EST on a 36% increase in trading volume to $49.69 billion. That came amid controversy within the ETH ecosystem as the Ethereum Foundation moved over $654 million worth of ETH into a wallet typically used for large-scale sales, sparking concerns of a dump that could impact the market. THE ETHEREUM FOUNDATION JUST TRANSFERRED $650M $ETH The Ethereum Foundation just transferred $654M of ETH to a wallet used for selling in the past. This wallet has only made significant transfers to: Kraken Deposit SharpLink Gaming A Multisig that sells ETH pic.twitter.com/hqdQINzx0P — Arkham (@arkham) October 21, 2025 The sudden transfer was significantly larger than prior foundation moves and comes at a time when investors are already anxious​ A much smaller ETH sale last month barely moved the market, but this time traders are bracing for a potential bigger impact. The fear is that...

Bitcoin (BTC) is witnessing sustained bouts of volatility, aligning with the broader market sentiment, with an artificial intelligence (AI) model projecting that the asset is likely to trade below $110,000 by November 1. Indeed, the market has been weighed down by ongoing trade tensions, which have dampened Bitcoin’s hopes for a swift recovery.  By press time, BTC was trading at $109,066, having corrected by almost 2% in the last 24 hours, while on the weekly timeline, the asset is down 1.7%. Bitcoin seven-day price chart. Source: Finbold Bitcoin price prediction  To project the price for November 1, Finbold turned to OpenAI’s ChatGPT, which noted that Bitcoin is likely to trade at $109,700 on November 1, 2025, signaling a phase of consolidation rather than a fresh rally. ChatGPT’s Analysis highlighted that while institutional demand remains strong, the pace of inflows into Bitcoin exchange-traded funds (ETFs) nearly $6 billion year-to-date, is li...

BlackRock deposited 21,910 Ethereum (ETH), worth around $117.82 million, to Coinbase Prime on Monday, October 20, leaving the market speculating as to what the investment firm’s next move might be. The transfer was done in ten transactions, nine of which were of about 3,000 ETH, or around $12.15 million, and one of more or less 2,109 ETH, worth approximately $8.45 million, according to data Finbold retrieved from Arkham Intelligence .  BlackRock ETH transfers. Source: Arkham Intelligence Institutional movements of this caliber are often seen as the groundwork for increased trading activity in the near future, or a rebalancing of the holder’s portfolios.  Accordingly, traders are now speculating whether the fund might increase its offloading soon. Last week, ETH ETFs had already seen a total of $312 million in outflows, with Blackrock’s iShares Ethereum Trust ETF (ETHA) accounting for $245 million. While there is still no telling what the next move coul...

Bloomberg Intelligence strategist Mike McGlone has warned that the resilience of Bitcoin (BTC) could be the key factor preventing a U.S. stock market collapse similar to past deflationary downturns.  His Analysis suggests that staying elevated may be the market’s last line of defense against a broader economic correction following the inflationary surge of recent years, McGlone said in an X post on October 19.  “Staying lofty might be a top prerequisite for the US stock market to avoid a typical deflationary downturn following inflation,” McGlone said.  S&P 500 – GDP chart. Source: Bloomberg McGlone pointed to the equity market’s current valuation of about 2.3 times nominal GDP, a level that implies the stock market is the economy.  Historically, such extended valuations tend to revert toward more sustainable levels,  around 1.75 times GDP, which marked the post-2020 equilibrium.  The strategist added that persistent weakn...

An artificial intelligence (AI)  model has issued several price forecasts for XRP after it emerged that Ripple is planning to establish a treasury for the cryptocurrency. Notably, Ripple aims to raise at least $1 billion through a special purpose acquisition company (SPAC) to fund the new XRP treasury, which will also be partially backed by its own holdings.  The move represents one of Ripple’s most ambitious efforts to boost XRP’s liquidity and investor confidence, though the treasury’s size may influence sentiment more than it sparks an immediate price surge. XRP price prediction  Regarding the potential impact on price, Finbold turned to OpenAI ChatGPT, which estimated that XRP could reach between $3.30 and $3.60 within the next 6 to 12 months if the treasury formation goes as planned and market sentiment remains supportive. Looking further ahead, the AI projects that in 12 to 24 months, assuming broader adoption and a favorable crypto bull cyc...

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