Posted on Leave a comment

U.S. seizes $15 billion in bitcoin, charges Cambodian mogul of cyber fraud – The Japan Times

Subscribe
Today’s print edition
Home Delivery
The chairman of Cambodian conglomerate Prince Group was charged Tuesday by the U.S. with running a “sprawling cyber fraud empire” that led to the seizure of bitcoin worth about $15 billion in what prosecutors called the largest ever forfeiture action.
Chen Zhi, 38, who heads Phnom Penh-based Prince Group, was charged by federal prosecutors in Brooklyn, New York, with engaging in a wire-fraud conspiracy and operating a money-laundering scheme. Chen’s operation allegedly used forced-labor in Cambodia to emotionally manipulate thousands of victims in the U.S. and around the world, fattening their accounts and then draining them in a practice known as “pig butchering.”

Such scams likely stole more than $75 billion from victims globally between January 2020 and February 2024, according to a study by a University of Texas at Austin finance professor last year. According to the FBI, cryptocurrency investment fraud caused more than $5.8 billion in reported losses in 2024 alone.
In a time of both misinformation and too much information,
quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.
Your subscription plan doesn’t allow commenting. To learn more see our FAQ
Sponsored contents planned and edited by JT Media Enterprise Division.
広告出稿に関するおといあわせはこちらまで
Read more

source

Posted on Leave a comment

[OUT] Kerala Lottery Result Today 19-09-2025 LIVE: Suvarna Keralam SK-19 Lucky Draw Friday DECLARED At 3 PM- 1 Crore First Prize, Check Full Winners List Here – Zee News

KERALA LOTTERY RESULT Friday 19-09-2025 LIVE: Suvarna keralam SK-19 lottery is one of the 7 lucky draws held once in a week. The Kerala Lottery “Suvarna Keralam SK-18” lottery draw is conducted today on August 29. Every lottery has an alphanumeric code to identify it, and the Kerala “Suvarna Keralam SK-19” lottery code is “SK” because it includes the draw number as well as the code. The first prize winner of lucky draw will receive Bumper 1 Crore Rupees. Scroll down for the complete winners list of Kerala ‘Suvarna Keralam SK-19 lucky draw.
Trending Photos
​Kerala Lottery Results Friday 19-09-2025 LIVE: The Kerala State Lottery Department will announce the Suvarna Keralam SK-17 results on Friday, Sept 19. The draw will take place at 3 PM at Gorky Bhavan near Bakery Junction in Thiruvananthapuram. Participants have a chance to win big prizes, including Rs 1 crore for the first prize, Rs 30 lakh for the second, and Rs 25 lakh for the third. The draw will be conducted in front of an independent panel to ensure fairness and transparency.

<h2><strong>KERALA LOTTERY RESULT 19-09-2025 SEPTEMBER TODAY:&nbsp;SUVARNA KERALAM SK-19 BUMPER LOTTERY PRIZE DETAILS</strong></h2><div id = "v-zeenews-india-v1"></div>    <br><strong>LUCKY WINNING NUMBER FOR 1ST PRIZE OF RS 1 CRORE IS:</strong><strong>RG 870677</strong><div><div class="recommended_widget"><div id="taboola-mid-article-thumbnails"></div></div></div><div classname="googlePopUp" id="googleCTA" style="background-color:#FFD1D1;height:46px; border-radius:4px">            <div classname="googlePreferredAd"  style="display:flex;padding:4px 20px;gap:20px;width:100%;justify-content:center">           <p style=" font-size:14px !important; font-weight:bold; color:#333333;">Add Zee News as a Preferred Source               <a             href="https://www.google.com/preferences/source?q=zeenews.india.com"             target="_blank"             style="margin-left: 20px;"             id="googleIconBtn">             <img               src="https://english.cdn.zeenews.com/static/public/updated_logos/googlePreferred.png"               alt=""               style="width:122px !important;"             />           </a>         </div>       </div>       <div id="trendingNow" class="mb-3"></div>    <br>Add Zee News as a Preferred Source               <a             href="https://www.google.com/preferences/source?q=zeenews.india.com"             target="_blank"             style="margin-left: 20px;"             id="googleIconBtn">             <img               src="https://english.cdn.zeenews.com/static/public/updated_logos/googlePreferred.png"               alt=""               style="width:122px !important;"             />           </a>         <br><strong>LUCKY WINNING NUMBER FOR 2ND PRIZE OF RS 30 LAKH IS:&nbsp;</strong><strong>RD 499277</strong>    <br><strong>LUCKY WINNING NUMBER FOR 3RD PRIZE OF RS 5 LAKH ARE:&nbsp;</strong><strong>RA 815812</strong>    <br><strong>LUCKY WINNING NUMBER FOR CONSOLATION PRIZE:&nbsp;</strong><br />  <strong>RA 870677<br />  RB 870677<br />  RC 870677<br />  RD 870677<br />  RE 870677<br />  RF 870677<br />  RH 870677<br />  RJ 870677<br />  RK 870677<br />  RL 870677<br />  RM 870677</strong>    <br>&nbsp;    <br><strong>LUCKY WINNING NUMBERS FOR THE 4TH PRIZE OF Rs 5000 :&nbsp;</strong><strong>0041&nbsp; 0316&nbsp; 0518&nbsp; 0689&nbsp; 3899&nbsp; 3939&nbsp; 4924&nbsp; 5283&nbsp; 5600&nbsp; 5735&nbsp; 5754&nbsp; 6271&nbsp; 6503&nbsp; 7419&nbsp; 7425&nbsp; 7621&nbsp; 8557&nbsp; 8698&nbsp; 8771&nbsp; 9046</strong>    <br><strong>LUCKY WINNING NUMBERS FOR THE 5TH PRIZE OF Rs 2000 ARE:&nbsp;</strong><strong>1995&nbsp; 2506&nbsp; 3028&nbsp; 7315&nbsp; 8179&nbsp; 8287</strong>    <br><strong>LUCKY WINNING NUMBERS FOR THE 6TH PRIZE OF RS 1000 ARE:&nbsp;</strong><strong>0902&nbsp; 1510&nbsp; 1513&nbsp; 1707&nbsp; 1831&nbsp; 2552&nbsp; 2565&nbsp; 2649&nbsp; 3354&nbsp; 4443&nbsp; 4579&nbsp; 4709&nbsp; 5036&nbsp; 5272&nbsp; 5605&nbsp; 6224&nbsp; 6827&nbsp; 6865&nbsp; 6876&nbsp; 6977&nbsp; 7119&nbsp; 7374&nbsp; 8107&nbsp; 8381&nbsp; 8535&nbsp; 8593&nbsp; 8699&nbsp; 9234&nbsp; 9493&nbsp; 9687</strong>    <br><strong>LUCKY WINNING NUMBERS FOR THE 7TH PRIZE OF RS 500 ARE:&nbsp;</strong><strong>0012&nbsp; 0128&nbsp; 0379&nbsp; 0539&nbsp; 0780&nbsp; 0888&nbsp; 0913&nbsp; 0972&nbsp; 0997&nbsp; 1193&nbsp; 1402&nbsp; 1596&nbsp; 1881&nbsp; 2088&nbsp; 2209&nbsp; 2256&nbsp; 2827&nbsp; 3236&nbsp; 3240&nbsp; 3355&nbsp; 3591&nbsp; 3612&nbsp; 3651&nbsp; 3874&nbsp; 4025&nbsp; 4056&nbsp; 4064&nbsp; 4138&nbsp; 4149&nbsp; 4378&nbsp; 4797&nbsp; 4853&nbsp; 5019&nbsp; 5053&nbsp; 5328&nbsp; 5361&nbsp; 5413&nbsp; 5616&nbsp; 5659&nbsp; 5870&nbsp; 5894&nbsp; 5939&nbsp; 6058&nbsp; 6105&nbsp; 6154&nbsp; 6180&nbsp; 6389&nbsp; 6421&nbsp; 6507&nbsp; 6664&nbsp; 6825&nbsp; 7009&nbsp; 7075&nbsp; 7127&nbsp; 7218&nbsp; 7235&nbsp; 7591&nbsp; 7742&nbsp; 7770&nbsp; 7800&nbsp; 7866&nbsp; 8104&nbsp; 8140&nbsp; 8219&nbsp; 8326&nbsp; 8485&nbsp; 8511&nbsp; 8685&nbsp; 8774&nbsp; 8814&nbsp; 8897&nbsp; 9064&nbsp; 9249&nbsp; 9285&nbsp; 9499&nbsp; 9723</strong>    <br><strong>LUCKY WINNING NUMBERS FOR THE 8TH PRIZE OF RS 200 ARE:&nbsp;</strong><strong>0076&nbsp; 0164&nbsp; 0179&nbsp; 0272&nbsp; 0457&nbsp; 0577&nbsp; 0697&nbsp; 0755&nbsp; 0859&nbsp; 1098&nbsp; 1157&nbsp; 1260&nbsp; 1315&nbsp; 1325&nbsp; 1523&nbsp; 1536&nbsp; 1716&nbsp; 1734&nbsp; 1856&nbsp; 2064&nbsp; 2291&nbsp; 2300&nbsp; 2380&nbsp; 2415&nbsp; 2417&nbsp; 2447&nbsp; 2497&nbsp; 2547&nbsp; 2667&nbsp; 2763&nbsp; 3009&nbsp; 3068&nbsp; 3214&nbsp; 3435&nbsp; 3594&nbsp; 3701&nbsp; 3740&nbsp; 3814&nbsp; 4219&nbsp; 4363&nbsp; 4364&nbsp; 4569&nbsp; 4623&nbsp; 4658&nbsp; 4852&nbsp; 4937&nbsp; 5189&nbsp; 5228&nbsp; 5399&nbsp; 5657&nbsp; 5816&nbsp; 5872&nbsp; 5917&nbsp; 5921&nbsp; 5950&nbsp; 6337&nbsp; 6373&nbsp; 6624&nbsp; 6868&nbsp; 6913&nbsp; 6920&nbsp; 6989&nbsp; 7092&nbsp; 7436&nbsp; 7464&nbsp; 7563&nbsp; 7653&nbsp; 7656&nbsp; 7704&nbsp; 7706&nbsp; 7814&nbsp; 7841&nbsp; 7938&nbsp; 7996&nbsp; 8095&nbsp; 8245&nbsp; 8383&nbsp; 8419&nbsp; 8590&nbsp; 8807&nbsp; 8906&nbsp; 8988&nbsp; 8997&nbsp; 9004&nbsp; 9040&nbsp; 9270&nbsp; 9422&nbsp; 9457&nbsp; 9567&nbsp; 9767&nbsp; 9879&nbsp; 9899</strong>    <br><strong>LUCKY WINNING NUMBERS FOR THE 9TH PRIZE OF RS 100 ARE:&nbsp;</strong>    <br><strong>KERALA LOTTERY RESULT 19-09-2025 SEPTEMBER TODAY:&nbsp;SUVARNA KERALAM SK-19 BUMPER LOTTERY PRIZE DETAILS</strong>    <br><strong>1st Prize: ₹1,00,00,000 (1 Crore)</strong>    <br><strong>2nd Prize: ₹30,00,000 (30 Lakhs)</strong>    <br><strong>3rd Prize: ₹25,00,000 (25 Lakh)</strong>    <br><strong>4th Prize: ₹15,00000 (15 Lakh)</strong>    <br><strong>5th Prize: ₹1,00,000 (1 Lakh)</strong>    <br><strong>6th Prize: ₹5,000</strong>    <br><strong>7th Prize: ₹1,000</strong>    <br><strong>8th Prize: ₹500</strong>    <br><strong>9th Prize:&nbsp;₹100</strong>    <br><strong>10th Prize:&nbsp;₹ 50</strong>    <br><strong>Consolation Prize: ₹5,000</strong>    <br><strong>(NOTE: Lottery can be addictive and should be played responsibly. The data provided on this page is for informational purposes only and should not be construed as advice or encouragement. Zee News does not promote lottery in anyway.)</strong>    <h2><span style="color:#FF0000;">Stay Tuned To Zee News For Live And Latest Updates On Kerala Lottery Result 2025</span></h2><br><strong>8th Prize Rs.200/-<br /> (Last four digits to be drawn 92 times)<br /> 0076  0164  0179  0272  0457  0577  0697  0755  0859  1098  1157  1260  1315  1325  1523  1536  1716  1734  1856  2064  2291  2300  2380  2415  2417  2447  2497  2547  2667  2763  3009  3068  3214  3435  3594  3701  3740  3814  4219  4363  4364  4569  4623  4658  4852  4937  5189  5228  5399  5657  5816  5872  5917  5921  5950  6337  6373  6624  6868  6913  6920  6989  7092  7436  7464  7563  7653  7656  7704  7706  7814  7841  7938  7996  8095  8245  8383  8419  8590  8807  8906  8988  8997  9004  9040  9270  9422  9457  9567  9767  9879  9899</strong><br />  <br><strong>7th Prize Rs.500/-<br /> (Last four digits to be drawn 76 times)<br /> 0012  0128  0379  0539  0780  0888  0913  0972  0997  1193  1402  1596  1881  2088  2209  2256  2827  3236  3240  3355  3591  3612  3651  3874  4025  4056  4064  4138  4149  4378  4797  4853  5019  5053  5328  5361  5413  5616  5659  5870  5894  5939  6058  6105  6154  6180  6389  6421  6507  6664  6825  7009  7075  7127  7218  7235  7591  7742  7770  7800  7866  8104  8140  8219  8326  8485  8511  8685  8774  8814  8897  9064  9249  9285  9499  9723</strong><br />  <br><strong>6th Prize Rs.1,000/-<br /> (Last four digits to be drawn 30 times)<br /> 0902  1510  1513  1707  1831  2552  2565  2649  3354  4443  4579  4709  5036  5272  5605  6224  6827  6865  6876  6977  7119  7374  8107  8381  8535  8593  8699  9234  9493  9687</strong><br />  <br><strong>5th Prize Rs.2,000/-<br /> (Last four digits to be drawn 6 times)<br /> 1995  2506  3028  7315  8179  8287</strong><br />  <br><strong>4th Prize Rs.5,000/-<br /> (Last four digits to be drawn 20 times)<br /> 0041  0316  0518  0689  3899  3939  4924  5283  5600  5735  5754  6271  6503  7419  7425  7621  8557  8698  8771  9046</strong><br />  <br><strong>3rd Prize Rs.5,00,000/- [5 Lakhs]<br /> (Common to all series)<br /> RA 815812</strong><br />  <br><strong>2nd Prize Rs.30,00,000/- [30 Lakhs]<br /> (Common to all series)<br /> RD 499277</strong><br />  <br><strong>1st Prize Rs.1,00,00,000/- [1 Crore]<br /> (Common to all series)<br /> RG 870677</strong><br />  <br> <br>Step 1: Visit the Kerala Lottery website.<br>Step 2: Choose the ‘Lottery Result’ option.<br>Step 3: Once you do that, a new page will appear, and you should select ‘View.’<br>Step 4: Finally, click on the ‘Download’ button located at the top right corner of the page to access the PDF file.<br>A ticket with multiple security features can prevent claims if damaged. So keep the ticket safe. Those who won the prize less than Rs.5000 should approach any lottery shop in Kerala with the ticket to collect the amount. If the prize is more than 5000 then the ticket and identity documents should be brought to any bank or government lottery office.<br> <br>Stay tuned for live updates on the Kerala Lottery Result for Sept 19, 2025. It's crucial to note that online purchasing of Kerala lottery tickets is prohibited, carrying potential legal consequences. Engaging in such practices may lead to penalties imposed by legal authorities, as the state government strictly prohibits online selling and purchasing of lottery tickets.<br>The Akshaya Lottery is held on Sunday, the Win-Win Lottery is held on Monday, the Sthree Sakthi Lottery is held on Tuesday, the Fifty-Fifty Lottery is held on Wednesday, the Karunya Plus Lottery is held on Thursday, the Nirmal Lottery is held on Friday, and the Karunya Lottery is held on Saturday. Unfortunately, the government temporarily halted the sale of the Pournami lottery and introduced a new programme in the Monthly Lottery called Bhagyamithra Lottery. Live updates for the Kerala lottery results will start to appear from 3.05 pm on ZEE NEWS ENGLISH site.<br> <br>There will be a 30 percent tax deduction from the amount you have won. You have to pay 10 percent amount as the commission of the agent. These are the amount that will be deducted from your prize.<br> <br>The Kerala Lottery Result for Suvarna Keralam SK 19 is set to be drawn today. The public can view the Winning Number post at 2.55 pm during the live broadcast of Kerala Lottery Today. The announcement for the Kerala Lotteries Result today, dated Sept 19, 2025, is expected to follow shortly.<br>Stay informed on all the <a href="/">latest news</a>, real-time <a href="/"> breaking news</a> updates, and follow all the important headlines in<a href="/india"> india news</a> and<a href="/world">world News</a> on Zee News.<br>Thank you<br><br><br><a href="https://news.google.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?oc=5">source</a>
Posted on Leave a comment

XRP News Today: Remittix Presale Updates As Over 40,000 Investors Join Top Trending Crypto ICO In October – CoinCentral

The broader crypto market has rebounded sharply following last week’s correction, signaling renewed investor confidence across major altcoins. As liquidity returns and trading activity accelerates, new presale projects are capturing the spotlight — particularly Remittix (RTX), a fast-growing DeFi project built to streamline global payments through real-world crypto utility.
The token’s growing visibility in October aligns with increasing investor attention around next-generation blockchain platforms positioned for early-stage growth.

After a volatile week, XRP News points to a stabilizing environment across digital assets. XRP trades at $2.58, up 7.19% in the last 24 hours, with a $154.85 billion market capitalization and $10.72 billion in daily volume — an increase of over 40%.
The market’s turnaround coincided with the global crypto market cap reclaiming the $4 trillion mark on Sunday after Friday’s sharp $500 billion dip. Renewed optimism followed U.S. President Donald Trump’s clarification on trade tariffs, which helped ease investor panic.

Tokens like Ethereum, BNB, and Dogecoin posted double-digit gains, helping restore momentum across altcoins. With this recovery, traders have started rotating capital toward new crypto presales and DeFi projects showing strong fundamentals. This trend has benefited Remittix, now among the top crypto under $1, gaining attention in 2025.
Remittix (RTX) continues to attract widespread attention following its record-breaking presale performance. The project has now raised over $27.4 million, selling more than 678.3 million RTX tokens at a price of $0.1130 each. This momentum follows the announcement of two upcoming centralized exchange (CEX) listings — on BitMart and LBank — expected to increase liquidity and visibility for early investors significantly.
Further strengthening its credibility, the Remittix team is fully verified by CertiK and ranked #1 among pre-launch tokens on the platform. This recognition reflects not only strong security standards but also growing institutional confidence. Beta testing for the Remittix wallet is now live, allowing selected users to experience instant crypto-to-fiat transfers, a defining feature of the ecosystem.
The platform’s $250,000 giveaway and newly launched referral program — which pays users 15% of referred purchases in USDT — have further accelerated participation, drawing over 40,000 registered investors to what many see as one of the best crypto presales of 2025.

Remittix stands out as a crypto with real utility, bridging digital assets and traditional finance. By enabling direct crypto-to-bank transfers and offering low-cost international transactions, it addresses one of the most significant real-world pain points — cross-border remittances. As the next big altcoin of 2025, it merges DeFi innovation with mainstream usability, creating a model for sustainable blockchain adoption.
With its presale nearing full allocation and multiple exchange listings ahead, Remittix (RTX) is positioning itself as a high-growth crypto in a market seeking reliability, transparency, and speed.
As the market regains balance and XRP News continues to highlight renewed strength among altcoins, investor focus is shifting toward projects solving real problems. Remittix, combining security, accessibility, and utility, is proving that genuine innovation still drives attention in the crypto world.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

Bitcoin and Ethereum led global markets into another storm this week as US-China tensions deepened,…


Never Miss Another Opportunity.
Get hand selected news & info from our Crypto Experts so you can make educated, informed decisions that directly affect your crypto profits!
Type above and press Enter to search. Press Esc to cancel.
BC Game Crypto: 100% Bonus & 400 Free Casino Spins, Claim Here!

source

Posted on Leave a comment

XRP News Today: Trade War Fears and ETF Uncertainty Hit Bullish Sentiment – FXEmpire

XRP joined the broader crypto market in a sharp reversal, as escalating US-China trade tensions hit risk assets. Early in the session on Tuesday, October 14, the US and China imposed port fees on cargo shipments, reigniting fears of a full-blown trade war.
The news dampened hopes for further de-escalation in tensions following last week’s rare earth export restrictions and threats of an additional 100% US tariff on Chinese shipments. For context, XRP plunged to an October 10 low of $0.7773 following Trump’s tariff threats.
Later in the Tuesday session, US President Trump fueled tensions further, stating:
“I believe that China purposefully not buying our Soybeans, and causing difficulty for our Soybean Farmers, is an Economically Hostile Act. We are considering terminating business with China having to do with Cooking Oil, and other elements of Trade, as retribution. As an example, we can easily produce Cooking Oil ourselves, we don’t need to purchase it from China.”
The Kobeissi Letter commented on the market reaction to Trump’s threat of producing cooking oil at home, stating:
“The stock market just erased $450 billion in 7 minutes because President Trump threatened to start producing cooking oil in the US.”
Rising trade tensions overshadowed Fed Chair Powell’s highly anticipated speech. Powell raised concerns about the labor market softening considerably, bolstering expectations of back-to-back Fed rate cuts in October and December.
Meanwhile, the Senate stalemate continued into day 14, with the government shutdown delaying the launch of XRP-spot ETFs.
On Tuesday, October 14, a US Senate vote to advance a stopgap funding bill failed for an eighth time.
The failed vote means that the SEC will continue operating with a skeleton staff, effectively freezing XRP-spot ETF launches. Crucially, a prolonged US government shutdown would delay institutional demand for XRP, potentially capping gains.
Greg Xethalis, General Counsel at Multicoin Capital, provided some clarity on what’s next for crypto-spot ETFs pending approval. He stated:
“Ignore the October 19b-4 deadlines. They are NOT launch deadlines but SRO Rule deadlines and all those rule proposals were cleared by the Generic Listing Standards (for crypto assets that don’t yet qualify for GLS, their 19b4s are still pending).”
What does this mean for XRP traders?
In a nutshell, the seven XRP-spot ETFs could potentially launch after the US government reopens, giving events on Capitol Hill a greater influence on price trends.
Crypto experts expect robust institutional demand amid growing appetite for regulated crypto derivatives.
Pro-crypto lawyer Bill Morgan commented:
“Rapid adoption of XRP and Solana futures shows increased institutional appetite for regulated altcoin derivatives. Bitcoin just had its usual advantage of a head start. Soon the Bitcoin/Ethereum duopoly in spot ETFs will end, hopefully before a bear market starts”
Morgan shared the details of a CME Group Report about XRP futures, adding:
“XRP futures set a new large open interest holders record. 476k contracts equating to $23.7 billion in notional value since May 2025. Not even 6 months. Open interest last month of $1.4 billion.”
Looking beyond spot ETFs, the government shutdown could also slow the Market Structure Bill’s progress. The US House of Representatives passed the bill to the Senate on July 17, triggering a 14.69% XRP rally. Regulatory clarity, including greater CFTC oversight, could drive adoption, tilting the supply-demand balance in XRP’s favor.
As things stand, XRP remains in limbo, with spot ETF launches and crypto-friendly legislation dependent on the Senate passing a stopgap funding bill.
XRP slid 3.92% on Tuesday, October 14, reversing the previous day’s 2.99% gain to close at $2.5053. The token snapped a three-day winning streak and underperformed the broader market, which dropped 2.33%. The pullback left XRP below the 50-day and 200-day Exponential Moving Averages (EMAs), reaffirming a bearish bias.
Key technical levels to watch include:
In the coming sessions, several key drivers could dictate near-term price trends:
Bearish Scenario: Risks Below $2.4
These bearish scenarios could drag XRP back toward $2.4. A break below $2.4 would expose $2.0.
Bullish Scenario: Path to $3
These bullish scenarios could drive XRP to $2.7 and bring the key psychological resistance at the $3 level.
Republicans need Democrats to cross the aisle to pass a stopgap funding bill. Sixty votes are needed to pass the bill and reopen the government. XRP and the broader crypto market could rally in this scenario. A reopening would likely fuel speculation about the SEC greenlighting crypto-spot ETFs.
Meanwhile, US-China trade developments will also influence sentiment as the APEC Summit looms. Easing trade tensions could boost demand for risk assets, while an escalation would likely weigh on sentiment.
All eyes are on the Senate, where a vote could be pivotal in determining whether XRP reclaims $3 or drops back toward $2.
Traders should closely monitor Capitol Hill, US-China trade headlines, and Fed commentary.
With over 28 years of experience in the financial industry, Bob has worked with various global rating agencies and multinational banks. Currently he is covering currencies, commodities, alternative asset classes and global equities, focusing mostly on European and Asian markets.
NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Gain Ground As Traders Bet On Dovish Fed After Powell’s Speech
Gold (XAU/USD) Price Forecast: $4,180 High Challenges Channel Resistance
Natural Gas Price Forecast: Downward Pressure Targets $2.95
Japanese Yen and Aussie Dollar Forecasts: Politics, China Data, and Trade Wars in Focus
US Dollar Forecast: Range-Bound DXY Awaits Powell’s Guidance After Yield Drop

source