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[LIVE] Crypto News Today, October 17 – After Trump’s Speech, Crypto Market Crashes Further: Gold Price Hits ATH, Bitcoin Falls to $104K, ETH Below $3.7K — Is This the Best Crypto to Buy Opportunity?  99Bitcoins
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Independent Reserve Review 2025: Pros, Cons, and Key Features  CryptoDnes.bg
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Over $1 billion in cryptocurrency positions were liquidated in the past 24 hours as the digital asset market experienced sharp volatility.
The massive liquidation event reflects ongoing turbulence in crypto markets, where leveraged traders face forced position closures when prices move against them. Bitcoin and Ethereum, as the market’s largest digital assets, typically see significant liquidation volumes during such market-wide corrections.
The liquidation wave underscores the volatile nature of crypto trading, where rapid price movements can trigger cascading forced selling as overleveraged positions get automatically closed by exchanges.
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Ripple Labs is reportedly on the cusp of launching a fundraising effort to purchase $1 billion worth of its XRP token to hold in a digital asset treasury, according to Bloomberg.
The fundraiser is being organized through a special purpose acquisition company or SPAC, Bloomberg reported on Friday, citing anonymous people with knowledge of the matter.
The digital asset treasury (DAT) will consist of the freshly bought XRP (XRP) and Ripple will also throw in some of its own stockpile, but the exact terms of the transaction are still being hashed out, and could change before the deal is inked, according to Bloomberg’s sources.

Ripple Labs didn’t immediately respond to a request for comment.
Ripple already a significant XRP holder
Ripple had a stash of over 4.5 billion XRP, according to its May markets report, out of a total circulating supply of more than 59 billion. If the company moves forward with the reported $1 billion buy, it could scoop up another 427 million for its stash.
At the same time, Ripple Labs has another 37 billion tokens locked in an on-ledger escrow, which is released monthly; some of this amount is sold, while the remainder is returned to escrow.
On Thursday, Ripple acquired corporate treasury management company GTreasury for $1 billion as part of its business acquisition strategy to expand operations.
The deal provides the company with infrastructure to manage digital assets held in corporate treasuries, including stablecoins and tokenized deposits, which can also be used to generate yield for clients.
Deal would make Ripple the leading XRP treasury
Bitcoin (BTC) and Ether (ETH) are leading the crypto treasury race, with companies holding over $152 billion in Bitcoin and $23 billion in Ether.
In comparison, XRP hasn’t been as readily taken up. The leading companies with an intention to buy XRP for their treasuries include Trident Digital Tech Holdings, a Web3 company based in Singapore, which has announced that it will establish an XRP treasury of up to $500 million. 
Chinese AI company Webus also flagged plans to allocate $300 million, and VivoPower said it will attempt to accumulate a $100-million XRP centric reserve.
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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Jakarta, Pintu News – The price of Pi Network (PI) in Indonesia today, Friday, October 17, 2025, was recorded at around Rp3,460 ($0.2089), slightly lower as the consolidation trend continues in the crypto market. PI’s price movement has been erratic, with a number of technical indicators displaying conflicting signals – some signaling a potential rebound, while others still emphasize bearish pressure.
With this situation, PI is now at a crucial junction between recovery opportunities and the risk of further correction, which will be largely determined by market sentiment and volume strength in the coming trading sessions.
The Pi Network (PI) price chart above shows a sluggish movement with a fairly consistent downward trend in the last two weeks. Based on data from CoinMarketCap, the current PI price is in the range of $0.2089 (around Rp3,460) after falling around 0.66% in the last 24 hours. While this drop isn’t too sharp on a daily basis, the overall trend still shows strong selling pressure.
Daily trading volume rose 17.69% to $33.12 million (IDR549 billion), signaling that transaction activity is still quite high despite the bearish market sentiment. PI’s market capitalization now stands at $1.72 billion (IDR28.5 trillion) with a circulating supply of around 8.27 billion PI out of a maximum total of 100 billion coins.
From a technical perspective, the chart shows that PI prices experienced a sharp decline on October 10-11, followed by a flat consolidation phase. After a small rebound around the $0.22 level, PI again showed sideways movement without significant momentum. This pattern signals uncertainty among market participants, where buyers are not yet strong enough to push the price up, while selling pressure is starting to ease.
Community sentiment is still positive (88% bullish) according to a CoinMarketCap survey, signaling that most holders are still optimistic about Pi Network’s long-term prospects. However, technically, PI price still needs to break the resistance around $0.22-$0.23 to confirm a potential trend reversal in a bullish direction. Failing that, strong support remains around $0.20, and a drop below this level could open up space towards $0.18.
Read also: Why isn’t Pi Network (PI) listed on Binance yet? CZ Opens Up !
Technically, the daily chart shows that the price of the Pi Network cryptocurrency is still trapped within a descending triangle pattern, which is generally considered a bearish formation. This structure shows that selling pressure is still strong, although some indicators are starting to hint at a potential reversal.
One indicator that is attracting attention is the Chaikin Money Flow (CMF). This indicator has just broken the zero line, signaling increased buying volume and capital re-entry into the Pi market. If this buying pressure continues, PI prices have a chance to hold at the support area of IDR3,482 and then try to break the resistance level around IDR5,974 ($0.36).
However, not all indicators are in favor of the bulls. The Moving Average Convergence Divergence (MACD) is showing a negative signal, where the 12 (blue) EMA line has cut below the 26 (orange) EMA line, signaling that bearish momentum is still dominant. This could be a big challenge for PI prices to hold above the key support area.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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The crypto world has seen its fair share of wild rides, but meme coins, such as Dogecoin, have always managed to capture the public’s imagination. Yet, as the landscape shifts towards utility-driven solutions, the big question remains: will these playful tokens keep their charm?
Meme coins have undeniably carved out a niche in this realm, with Dogecoin standing tall. It has brand recognition and a loyal community that doesn’t show signs of fading. I mean, how many times have we seen it pop up in discussions, especially during bull runs? But can these coins keep up the momentum in an era that seems to favor utility-driven cryptocurrencies?
Despite their popularity, meme coins are in for a rough ride ahead:
Volatility and Lack of Utility: You know how meme coins are—riding the wave of hype but lacking stable value. That’s not the kind of thing that attracts long-term investors looking for stable growth. With an unlimited supply of Dogecoin, inflation is a constant menace, and its value is prone to sudden drops.
Regulatory Scrutiny: As regulations tighten up, speculative assets like meme coins may find it even tougher to survive. Compliance and stability are becoming the name of the game.
Market Maturity: The crypto market is maturing, with more investors seeking projects that offer tangible applications instead of speculative assets. This could spell trouble for meme coins in the long run.
On the flip side, utility-driven cryptocurrencies are coming up strong. These tokens have real-world applications and are becoming more desirable to investors. Take stablecoins, for example—they’re the hot new trend for salary payments, providing a reliable alternative to traditional fiat currencies.
Fintech startups are making the switch to crypto payroll solutions for better operational efficiency. By using blockchain tech and stablecoins, they can make fast, low-cost, and compliant salary payments. This move is especially advantageous for remote teams, as it simplifies payroll and cuts down on transaction fees.
The use of crypto payroll solutions is changing the game for businesses, making it easier for startups to attract talent and boost employee satisfaction. Research shows that employees paid in crypto report up to 20% higher satisfaction, especially among millennials and Gen Z.
One innovative solution in the crypto payroll space is Remittix. This platform makes it easy to send funds globally and receive real-world bank deposits, addressing one of the major pain points in crypto. The presale for Remittix has reportedly surpassed $27.5 million, and with tokenomics that reward holders, it’s turning heads.
As we look toward 2025, the crypto landscape is evolving. Dogecoin will always be iconic, but its meme culture could be a liability in a world that’s shifting toward utility. Meanwhile, platforms like Remittix are paving the way for modern crypto banking solutions, offering ways to connect digital currencies to traditional finance.
Navigating the changing landscape will require careful consideration. Are meme coins still worth it, or is the future all about utility-driven solutions? As the industry evolves, those who adapt will be best positioned to succeed.

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The Tennessee Lottery offers several draw games for those aiming to win big. Here’s a look at Oct. 16, 2025, results for each game:
12-29-47-48-58, Cash Ball: 03
Check Cash4Life payouts and previous drawings here.
Morning: 3-1-8, Wild: 8
Midday: 8-6-4, Wild: 3
Evening: 0-1-7, Wild: 7
Check Cash 3 payouts and previous drawings here.
Morning: 1-0-7-5, Wild: 6
Midday: 3-5-3-9, Wild: 7
Evening: 1-5-4-5, Wild: 2
Check Cash 4 payouts and previous drawings here.
05-15-30-32-33
Check Daily Tennessee Jackpot payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
All Tennessee Lottery retailers will redeem prizes up to $599.
For prizes over $599, winners can submit winning tickets through the mail or in person at Tennessee Lottery offices. By mail, send a winner claim form, winning lottery ticket, a copy of a government-issued ID and proof of social security number to P.O. Box 290636, Nashville, TN 37229. Prize claims less than $600 do not require a claim form. Please include contact information on prizes claimed by mail in the event we need to contact you.
To submit in person, sign the back of your ticket, fill out a winner claim form and deliver the form, along with the ticket and government-issued ID and proof of social security number to any of these locations:
Nashville Headquarters & Claim Center: 26 Century Blvd., Nashville, TN 37214, 615-254-4946 in the (615) and (629) area, 901-466-4946 in the (901) area, 865-512-4946 in the (865) area, 423-939-7529 in the (423) area or 1-877-786-7529 (all other areas in Tennessee). Outside Tennessee, dial 615-254-4946. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes of any amount.
Knoxville District Office: Cedar Springs Shopping Center, 9298 Kingston Pike, Knoxville, TN 37922, (865) 251-1900. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes up to $199,999.
Chattanooga District Office: 2020 Gunbarrel Rd., Suite 106, Chattanooga, TN 37421, (423) 308-3610. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes up to $199,999.
Memphis District Office: Chiles Plaza, 7424 U.S. Highway 64, Suite 104, Memphis, TN 38133, (901) 322-8520. Hours: 9 a.m. to 4 p.m. Monday through Friday. This office can cash prizes up to $199,999.
Check previous winning numbers and payouts at https://tnlottery.com/.
This results page was generated automatically using information from TinBu and a template written and reviewed by a Tennessean editor. You can send feedback using this form.

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Jakarta, Pintu News – Pi Network’s price is again attracting market attention as its network expands into the decentralized finance [DeFi] sector. The chart is showing early signs of stabilization, coinciding with the launch of Pi’s DEX and AMM testnets.
With the mainnet upgrade scheduled for the fourth quarter of 2025, optimism towards Pi’s long-term potential continues to strengthen.
As of October 15, Pi Coin’s market price is currently at $0.213, just below the descending channel resistance level at around $0.228. If the price manages to close above that level, there is an opportunity for an upward move towards $0.28. However, failure to break it could trigger a correction back to $0.208.
Read also: Global Pi Network Market Reaches 208,000 Users, but Criminality Issue Looms!
Interestingly, the MACD indicator shows that the MACD line has crossed the signal line from below, confirming a short-term trend shift to a bullish direction and strengthening the buying momentum.
If a successful breakout occurs, the price of Pi Coin could potentially rally up to 70% to the $0.36 area, reinforcing the bullish outlook.
On the other hand, Pi Coin’s long-term price predictions remain positive, supported by increasing participation in its proprietary DeFi ecosystem as well as protocol updates scheduled for the fourth quarter.
As such, the chances of Pi price recovery look increasingly promising as the market structure stabilizes.
The launch of the decentralized exchange (DEX) and automated market maker (AMM) testnet by Pi Network was an important turning point for the project. Both features enable token exchange and the creation of liquidity pools, significantly expanding Pi’s real-world use cases.
Read also: Dogecoin Holders Buy as Price Falls: Is the $1.60 Target in 2026 Achievable?
Moreover, the launch is also in line with the protocol upgrade projected to occur in the fourth quarter of 2025, as previously predicted by analyst Dr. Altcoin. The Protocol 23 mainnet update, which is based on Stellar Core version 23.0.1, aims to improve scalability and transaction speed.
Question Asked: How far is Pi Network’s blockchain upgrade to Protocol Version 23 (Smart Contracts)?

My Answer: Currently, the Testnet is running under Protocol 23 and undergoing active testing. Once this phase is completed successfully with minimal or no errors (you can observe… pic.twitter.com/vjEX411pgo
Dr. Altcoin also suggested that the Pi Core Team consider buyback or token burning options to increase market liquidity.
This DeFi initiative has reawakened the enthusiasm of the community, giving rise to hopes for deeper ecosystem growth. If adoption continues to increase, Pi Network could potentially solidify its position as one of the new blockchain platforms focused on real utility.
Overall, Pi’s expansion into the DeFi sector and upcoming protocol upgrade plans have revived confidence in the market direction of this project. Technically, the current price structure is favorable for buyers if momentum is able to sustain above resistance levels.
The continued interest in the DEX and AMM features could be a validation of the ongoing recovery phase. Therefore, Pi Coin’s price outlook remains promising as its utility growth and adoption rate begin to converge.
That’s the latest information about crypto. Follow us on Google News to get the latest crypto news about crypto projects and blockchain technology. Also, learn crypto from scratch with complete discussion through Pintu Academy and stay up-to-date with the latest crypto market such as bitcoin price today, xrp coin price today, dogecoin and other crypto asset prices through Pintu Market.
Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, get a web trading experience with various advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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   Subscribe to our News &amp; Services     <br>           Subscribe to our News &amp; Services         <br>             FM ALL News           <br>             FM Crypto           <br>             Follow us on Twitter           <br>             Follow us on Linkedin           <br>Ripple Labs, a big name in cross-border payments using blockchain, is raising at least $1 billion to procure XRP tokens to hold in a digital asset treasury (DAT), <em data-v-75f3955d>Bloomberg </em>reported.<br><a href="https://events.financemagnates.com/event/FMLS25/register?RefId=Article&utm_campaign=Article&utm_medium=J-Article&utm_source=registration&utm_term=Finance%2520Magnates-%2520Article" target="_blank" rel="nofollow noopener noreferrer" data-saferedirecturl="https://www.google.com/url?q=https://events.financemagnates.com/event/FMLS25/register?RefId%3DArticle%26utm_campaign%3DArticle%26utm_medium%3DJ-Article%26utm_source%3Dregistration%26utm_term%3DFinance%252520Magnates-%252520Article&amp;source=gmail&amp;ust=1760760798130000&amp;usg=AOvVaw1P_znWh3h40aD-n2Be5RJJ" data-v-75f3955d><strong data-v-75f3955d>Digital assets meet tradfi in London at the FMLS25.</strong></a><br>This came hours after the blockchain giant announced its decision to acquire the treasury management firm GTreasury <a href="https://www.financemagnates.com/cryptocurrency/ripple-makes-1b-bet-on-corporate-treasury-payments-with-gtreasury-acquisition-deal/" target="_self" data-v-75f3955d>in a deal valued at $1 billion</a>. However, there is no visible connection between the prospective XRP treasury and GTreasury’s acquisition.<br>The <a href="https://www.bloomberg.com/news/articles/2025-10-17/ripple-labs-said-to-lead-1-billion-fundraise-for-xrp-hoard" target="_blank" rel="nofollow noopener noreferrer" data-v-75f3955d>report </a>further outlined that the San Francisco-headquartered company will raise substantial funds through a special purpose acquisition company (SPAC) and contribute its own XRP to the DAT.<br>Ripple held 4.74 billion XRP tokens in its crypto wallets at the end of July, which were worth about $11 billion at current market prices. The company has another 35.9 billion XRP locked up inside its “on-ledger escrow” and releases a certain portion of them monthly.<br>However, there is no official confirmation of the move yet, and the exact terms of the transaction are reportedly still under discussion and could change.<br>The XRP token is closely linked to Ripple. The company even fought a lengthy court battle against the US Securities and Exchange Commission over the status of the cryptocurrency.<br>According to CoinMarketCap, XRP is the fifth-largest cryptocurrency, with a market cap of about $137.5 billion as of press time. The token recently lost a significant portion of its value in the recent market downturn and is trading much lower than its peak above $3.50 apiece.<br>Adding cryptocurrencies to corporate treasuries has become a trend. Although <a href="https://www.financemagnates.com/trending/michael-saylors-bitcoin-price-prediction-suggests-btc-will-move-up-to-a-new-all-time-high-by-end-of-2025/" target="_self" data-v-75f3955d>Strategy’s Michael Saylor</a> hoarded billions of dollars’ worth of Bitcoin for his business intelligence company’s treasury, more than 300 entities now hold the top cryptocurrency, according to BitcoinTreasuries.net.<br>Although many companies also hold Ether, hardly anyone buys XRP. Sustainable-energy firm VivoPower International is an exception, having announced a $121 million fundraising effort to procure XRP last May.<br>Earlier this year, Ripple <a href="https://www.financemagnates.com/cryptocurrency/ripple-acquires-hidden-road-for-125-billion-becomes-first-crypto-company-with-multi-asset-prime-broker/" target="_self" data-v-75f3955d>agreed to buy crypto prime broker Hidden Road in a $1.25 billion deal</a>.<br>Ripple Labs, a big name in cross-border payments using blockchain, is raising at least $1 billion to procure XRP tokens to hold in a digital asset treasury (DAT), <em data-v-75f3955d>Bloomberg </em>reported.<br><a href="https://events.financemagnates.com/event/FMLS25/register?RefId=Article&utm_campaign=Article&utm_medium=J-Article&utm_source=registration&utm_term=Finance%2520Magnates-%2520Article" target="_blank" rel="nofollow noopener noreferrer" data-saferedirecturl="https://www.google.com/url?q=https://events.financemagnates.com/event/FMLS25/register?RefId%3DArticle%26utm_campaign%3DArticle%26utm_medium%3DJ-Article%26utm_source%3Dregistration%26utm_term%3DFinance%252520Magnates-%252520Article&amp;source=gmail&amp;ust=1760760798130000&amp;usg=AOvVaw1P_znWh3h40aD-n2Be5RJJ" data-v-75f3955d><strong data-v-75f3955d>Digital assets meet tradfi in London at the FMLS25.</strong></a><br>This came hours after the blockchain giant announced its decision to acquire the treasury management firm GTreasury <a href="https://www.financemagnates.com/cryptocurrency/ripple-makes-1b-bet-on-corporate-treasury-payments-with-gtreasury-acquisition-deal/" target="_self" data-v-75f3955d>in a deal valued at $1 billion</a>. However, there is no visible connection between the prospective XRP treasury and GTreasury’s acquisition.<br>The <a href="https://www.bloomberg.com/news/articles/2025-10-17/ripple-labs-said-to-lead-1-billion-fundraise-for-xrp-hoard" target="_blank" rel="nofollow noopener noreferrer" data-v-75f3955d>report </a>further outlined that the San Francisco-headquartered company will raise substantial funds through a special purpose acquisition company (SPAC) and contribute its own XRP to the DAT.<br>Ripple held 4.74 billion XRP tokens in its crypto wallets at the end of July, which were worth about $11 billion at current market prices. The company has another 35.9 billion XRP locked up inside its “on-ledger escrow” and releases a certain portion of them monthly.<br>However, there is no official confirmation of the move yet, and the exact terms of the transaction are reportedly still under discussion and could change.<br>The XRP token is closely linked to Ripple. The company even fought a lengthy court battle against the US Securities and Exchange Commission over the status of the cryptocurrency.<br>According to CoinMarketCap, XRP is the fifth-largest cryptocurrency, with a market cap of about $137.5 billion as of press time. The token recently lost a significant portion of its value in the recent market downturn and is trading much lower than its peak above $3.50 apiece.<br>Adding cryptocurrencies to corporate treasuries has become a trend. Although <a href="https://www.financemagnates.com/trending/michael-saylors-bitcoin-price-prediction-suggests-btc-will-move-up-to-a-new-all-time-high-by-end-of-2025/" target="_self" data-v-75f3955d>Strategy’s Michael Saylor</a> hoarded billions of dollars’ worth of Bitcoin for his business intelligence company’s treasury, more than 300 entities now hold the top cryptocurrency, according to BitcoinTreasuries.net.<br>Although many companies also hold Ether, hardly anyone buys XRP. Sustainable-energy firm VivoPower International is an exception, having announced a $121 million fundraising effort to procure XRP last May.<br>Earlier this year, Ripple <a href="https://www.financemagnates.com/cryptocurrency/ripple-acquires-hidden-road-for-125-billion-becomes-first-crypto-company-with-multi-asset-prime-broker/" target="_self" data-v-75f3955d>agreed to buy crypto prime broker Hidden Road in a $1.25 billion deal</a>.<br>     Share this article   <br>       Get all the top financial news delivered straight to your inbox. Stay informed, stay ahead.     <br>By subscribing, you agree to our <a href="https://www.financemagnates.com/terms-of-use/" target="_blank" rel="follow">Terms of Use</a> and <a href="https://www.financemagnates.com/privacy/" target="_blank" rel="follow">Privacy Policy</a>. You may unsubscribe at any time.<br>Follow Us<br>Looking for a Service?<br>Looking for a Service?<br>     Finance Magnates is a global B2B provider of multi-asset trading news,     research and events with special focus on electronic trading, banking, and     investing. 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