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XRP Price Prediction: Buying Magax Now Is Like Snapping Up Ripple When It Was Just $0.05, Analysts Predict  BlockchainReporter
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Breaking news from the trading floors reveals unexpected results: BTC price action triggers celebration headlines but institutional money managers are quietly rotating into altcoin positions that offer superior infrastructure and yield opportunities. The latest market data shows over $1.5 billion in crypto liquidations as Bitcoin tests critical resistance levels, yet expert analysis points toward Dogecoin, XRP and emerging Layer 2 projects like Layer Brett as the real winners.
The reality behind Bitcoin’s recent price celebration tells a sobering infrastructure story. While BTC price headlines grab attention, the underlying network experienced devastating liquidation cascades totaling $1.5 billion across major exchanges, exposing fundamental scalability limitations plaguing Layer 1 networks.
Market makers witnessed how Bitcoin’s technical structure creates volatility traps during high-volume periods, with leveraged positions getting demolished by network congestion and delayed transaction confirmations. The bearish trendline penetration reveals deeper concerns about BTC’s ability to handle institutional-scale adoption without creating dangerous bottlenecks.

Despite impressive technical signals—DOGE posting 6-9% gains with emerging golden cross formations and whale accumulation of 680 million tokens—even these altcoin darlings face infrastructure bottlenecks during peak trading periods.
Dogecoin’s momentum above the $0.24 support level demonstrates strong community backing, yet the underlying network struggles with volume-handling limitations plaguing most legacy blockchain systems. XRP shows similar patterns, maintaining institutional support above $2.85 while CME futures adoption signals growing institutional confidence.
The fundamental issue isn’t market sentiment—it’s infrastructure capacity. XRP’s anticipation around potential ETF approvals creates positive momentum, but the network’s ability to handle surge-driven institutional volume remains questionable. Both Dogecoin and XRP experienced significant liquidations ($35.8 million and $58.8 million respectively) during recent volatility spikes, revealing how even technically sound altcoins can become victims of their own success when infrastructure cannot match demand.
Layer Brett represents a change in how blockchain infrastructure approaches surge-driven market events, utilizing purpose-built Layer 2 architecture specifically designed to absorb volume spikes without creating devastating liquidation cascades now plaguing legacy networks.
While Bitcoin, Dogecoin and XRP struggle with network congestion during high-volume periods, Layer Brett’s Ethereum Layer 2 foundation delivers lightning-fast transactions and low gas fees that maintain stability regardless of trading intensity.
The project’s nearly $4.2 million raised during its crypto presale phase validates institutional interest in infrastructure-first blockchain solutions. Unlike traditional memecoins that offer speculation without substance, Layer Brett combines meme energy with real Layer 2 utility, creating an ecosystem built for scalability rather than speculation.
As DOGE demonstrates golden cross patterns and XRP holding institutional support above $2.85, the question now becomes whether traditional Bitcoin maximalism can compete against infrastructure-focused alternatives.
While it’s true that BTC price movements can create headlines and Dogecoin technical patterns do generate social media buzz, droves of investors are coming to realise that sustainable returns require networks capable of handling real-world usage without creating systemic risks.
Next-generation blockchain projects are gearing up to deliver both performance and personality, placing their ceilings beyond the conventional with their smarter, two-tiered approach to the markets. With the Layer Brett presale perfectly exemplifying how to pull off the tactic, the question now is just how far and how fast the altcoin push looks set to take it.

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.
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Breaking news from the trading floors reveals unexpected results: BTC price action triggers celebration headlines…

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Onmanorama Staff
Published: October 04, 2025 07:03 AM IST Updated: October 04, 2025 07:05 AM IST
2 minute Read
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The Kerala State Lottery Department’s Thiruvonam Bumper 2025 (BR-105) draw, the biggest lottery of the year, will be held on Saturday, October 4. This year, the first prize has been raised to an unprecedented ₹25 crore, making it one of the most rewarding lotteries in India. The draw will take place at 1.00 pm at Gorky Bhavan. Each ticket is priced at ₹500, with a total of 90 lakh tickets printed across series TA, TB, TC, TD, TE, TG, TH, TJ, TK, and TL.
Finance Minister K N Balagopal will inaugurate the draw, with MLAs Antony Raju and V S Prasanth and Lottery Department Director Dr Nitin Premraj in attendance. The Lottery Department has confirmed that all 75 lakh printed tickets have already been sold through authorised agencies. Tickets will be available for purchase until 1 pm on the day of the draw. The Kerala lottery result for the Thiruvonam Bumper BR-105 will be announced live during the draw and will also be published on the official website, www.keralalotteries.com, as well as in the Kerala Government Gazette.
Kerala lottery Thiruvonam bumper 2025 prize structure
How to check and claim your prize
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The SEC alleges Silvergate’s former finance chief engaged in fraud to conceal the bank’s dire condition following the 2022 collapse of crypto exchange FTX.
A federal judge this week denied a motion by the ex-CFO of the defunct Silvergate Bank to toss a securities fraud complaint brought against him by the Securities and Exchange Commission. 
The opinion paves the way for the fraud case filed by the SEC last year to proceed. The suit alleges former finance chief Antonio Martino “engaged in a fraudulent scheme to mislead investors about the Bank’s dire condition,” after the 2022 bankruptcy of the crypto exchange FTX led to a “bank run and severe liquidity crisis” for Silvergate, according to the complaint.
The CFO’s role in company’s earnings presentations and reporting are at the heart of the case, which alleges Martino approved false information in an earnings release which “understated the Bank’s losses … and overstated a key leverage metric” for the bank and its parent company; that he made false and misleading statements on an earnings call; and that he “falsified the Bank’s financial statements and failed to devise and maintain important accounting controls.”
In his 26-page opinion and order, Judge Andrew L. Carter Jr. of the U.S. District Court of the Southern District of New York detailed the CFO’s involvement in two January 2023 presentations highlighting the projected impact of securities sales in the first quarter of 2023. 
The SEC asserted the first presentation of Jan. 4 complied with generally accepted accounting principles and properly calculated the bank’s “other than temporary impairment,” showing that the bank needed $2.6 billion in liquidity to repay $2.4 billion in debt which would result in an OTTI charge of about $176.5 million. But Martino instead chose to accept the methodology of a Jan. 5 presentation, which the SEC said no longer considered declining total assets which reduced the OTTI to $134 million, with Martino approving an earnings release on the matter. 
Noting that Martino contested whether the OTTI calculation was not compliant with GAAP, the judge asserted that the SEC supported its allegations in the matter. “The Court finds the SEC adequately alleges false statements of fact in the methodology Silvergate used for its OTTI calculation, and the Tier 1 Ratio incorporating that number, recorded in the earnings release and on the earnings call,” the order states. 
The judge also rejected the protections invoked by the motion to dismiss related to the “bespeaks caution doctrine,” under which “forward-looking statement accompanied by sufficient cautionary language is not actionable because no reasonable investor could have found the statement materially misleading.”
The order cited case law asserting that cautionary language shouldn’t be boilerplate and that the disclaimers included by Silvergate in its earnings release did not warn of risks due to the use of methodology not compliant with GAAP. 
“While Martino maintains that the disclaimers warned that ‘the future expected securities sales and resultant OTTI charge disclosed were directly tied to and subject to change based on the Bank’s deposit levels,’ this is not a warning that Silvergate’s calculations failed to account for a decline in total assets, as alleged in the complaint,” the order states. “Therefore, an investor had no way to contemplate such a risk.”
Last year Silvergate’s parent company, Silvergate Capital Corp., agreed to settle with the SEC for $50 million without admitting or denying any charges that it failed to monitor more than $1 trillion in customer transactions between 2021 and 2023 while misleading investors, CFO Dive sister publication Banking Dive previously reported. Two other executives, CEO Alan Lane and Chief Risk Officer Kathleen Fraher, settled for $1 million and $250,000, respectively, and agreed to a five-year ban on holding officer or director positions at another public company.
Attorneys for Martino and the SEC did not immediately respond to requests for comment.
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Accounting firms that adopt artificial intelligence can yield “remarkable improvements in productivity, task allocation and reporting quality,” researchers said.
“Foundational rules for risk management have been fundamentally altered forever,” the former CEO of the Institute of Internal Auditors said.
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Accounting firms that adopt artificial intelligence can yield “remarkable improvements in productivity, task allocation and reporting quality,” researchers said.
“Foundational rules for risk management have been fundamentally altered forever,” the former CEO of the Institute of Internal Auditors said.
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Vietnam’s approach to cryptocurrency regulation in 2025 is a careful evolution of a previously restrictive framework. The country has recognized cryptocurrencies as virtual assets and tokens, while still keeping a tight grip on fiat-backed stablecoin issuance, keeping it illegal. They want to ensure safety and transparency in the market, but this might limit the potential for growth in the crypto sector.
In September 2025, the Vietnamese government rolled out a five-year pilot program that aims to regulate the usage of digital currency. The program specifies that only Vietnamese companies can issue virtual assets, which must be backed by real assets rather than fiat currencies or securities. All transactions must be in Vietnamese Dong, and the government is imposing hefty penalties for any violations. This careful stance reflects the government’s intent to balance innovation with risk management to ensure the market develops in a regulated manner.
In the 2025 Chainalysis Global Crypto Adoption Index, Vietnam stands at fourth place, solidifying its position as one of Southeast Asia’s key blockchain hubs. A large part of this adoption is propelled by the country’s youthful, tech-oriented population, of which over 20% own digital assets. The rising interest in cryptocurrencies is evident in the growing on-chain activity and community participation.
When compared to other Southeast Asian nations like Singapore and the Philippines, Vietnam’s regulatory stance is decidedly more restrictive. This could limit institutional growth, despite a high retail interest. Singapore, for instance, has a more open regulatory structure for stablecoins and crypto assets, which accelerates formal market development. In contrast, Vietnam’s stringent controls may slow down growth, yet informal trading of stablecoins and cryptocurrencies thrives through peer-to-peer transactions and platforms like Binance P2P, showing a strong demand for these digital assets.
NDAChain, initialized in July 2025, marks a pivotal advancement for Vietnam’s digital infrastructure and regulatory compliance efforts. This government-supported blockchain platform is built to handle a staggering 3,600 transactions per second, complemented by the NDAKey application, aimed at thwarting scams and impersonation in the digital sphere.
NDAChain is designed to integrate into Vietnam’s regulatory landscape, including the Digital Technology Industry Law that legally recognizes cryptocurrencies and provides civil protection for digital assets. By offering a secure infrastructure for compliant digital asset transactions and identity verification, NDAChain is set to encourage innovation within the fintech sector. Additionally, it boosts data security and promotes institutional collaborations, aiding startups in their regulatory navigation.
The central bank of Vietnam anticipates a substantial 20% increase in credit growth for 2025, which could notably influence crypto adoption among small and medium enterprises (SMEs). This growth is expected to provide SMEs with enhanced access to financing, allowing them to embrace digital transformation and crypto-based solutions for payments, financing, and supply chain management.
Furthermore, the government’s efforts to promote blockchain and crypto adoption through pilot programs and supportive regulations create an environment conducive to SME engagement. With a significant user base already familiar with crypto payments, SMEs stand to save on transaction costs and broaden their market reach. However, they must also navigate challenges like regulatory uncertainty, market volatility, and security risks to achieve sustainable adoption.
Vietnam’s regulatory framework offers insightful lessons for other emerging markets navigating the complexities of crypto regulation:
Phased Regulation: Utilizing pilot programs allows governments to test and refine regulations based on market dynamics and risks, which can help mitigate potential issues while fostering innovation.
Clear Legal Definitions: Defining digital assets clearly can prevent regulatory arbitrage and capital flight, stabilizing the investment environment.
Strict Licensing and Compliance: Imposing high capital requirements and ownership restrictions helps maintain market stability and reduce illicit activities.
Balancing Innovation and Risk: Encouraging innovation while enforcing anti-money laundering (AML), cybersecurity, and investor protection laws is essential for sustainable growth.
Avoiding Regulatory Fragmentation: Coordinated oversight among regulatory agencies prevents conflicting policies, creating a predictable business environment.
In conclusion, Vietnam’s cautious yet forward-thinking approach to cryptocurrency regulation, combined with its notable adoption rates and initiatives like NDAChain, positions it as a potential model for other emerging markets. By managing regulatory complexities and fostering a supportive environment, Vietnam aims to cultivate a robust and sustainable crypto ecosystem.

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New Arkansas law helps people recover money lost in Bitcoin ATM scams, Rogers police say  Northwest Arkansas Democrat-Gazette
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There’s no shortage of headlines in crypto this week, and once again, XRP news is right in the thick of it. Ripple is dealing with an important leadership change while also signing one of its biggest partnerships to date. For holders, it’s a mix of uncertainty and optimism as the company sharpens its push into global banking.
Ripple has officially teamed up with Thunes, a payments giant with access to SWIFT’s sprawling network of over 11,000 financial institutions. This deal is more than just a press release—it could put XRP in front of some of the largest banks and payment providers on the planet.
For years, Ripple has pitched itself as the bridge between traditional finance and blockchain. By plugging into Thunes, that pitch is starting to look a lot more real. It also strengthens the case for XRP as more than just a speculative token, with actual payment flows potentially giving it real utility.

The other side of the XRP news cycle is less upbeat. Ripple’s long-time CTO has stepped down, raising questions about stability inside the company. Leadership changes in crypto firms often make traders nervous and this one has definitely sparked debate.
Still, XRP has a strong track record of keeping partnerships rolling regardless of who sits in the executive seats. For most investors, the bigger story is whether the Thunes deal can push adoption forward faster than any leadership shake-up might slow it down.
XRP’s price hasn’t moved much since the announcements, which suggests the market is still weighing both sides of the news. Analysts argue that if Ripple can successfully tap into SWIFT’s network through Thunes, it could unlock a fresh wave of demand for XRP. Regulatory hurdles in the U.S. remain a cloud over the project but the adoption narrative looks stronger today than it did just a few months ago.
While Ripple builds its institutional footprint, retail investors are showing growing interest in high-upside plays. One name coming up a lot right now is Layer Brett (LBRETT). The presale is still live at just $0.0058 and interest has been building thanks to its ambitious Ethereum layer 2 plans.
The project is targeting 10,000 transactions per second with gas fees around $0.001. That’s serious throughput, and with NFT and DeFi integrations, LBRETT has utility goals that go beyond the meme coin hype. The staking program is another big draw, with rewards sitting at around 600% APY, plus a $1 million giveaway that’s pulled even more eyes onto the presale.
Where Ripple is chasing adoption through banks, Layer Brett is pulling in traders with raw potential. Some in the market are already talking about 100x upside if momentum carries into launch. It’s a different kind of bet but one that fits the appetite of traders hunting asymmetric returns.

October—often dubbed “Uptober” by traders—could showcase both sides of the market at once. On one hand, XRP news says it is edging deeper into traditional finance with real-world integrations. On the other hand, presales like LBRETT are offering early buyers a chance to swing for outsized gains. For investors, the split strategy is obvious: watch Ripple for stability, but don’t ignore where the action is happening: Layer Brett presale.
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.
This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
There’s no shortage of headlines in crypto this week, and once again, XRP news is…

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Bitcoin rallied about 1.6% Friday, coming close to setting a new record despite widespread economic uncertainty.
The cryptocurrency traded at over $122,000 – just below the all-time high of about $124,000 that it notched in August.
The rally is a signal that investors may be viewing Bitcoin as another safe-haven asset, like gold, as the US government shutdown continues.
Spot gold jumped 0.5% early Friday to $3,876.55 per ounce. Prices have gained more than 2% this week – and gold futures have soared over 46% so far this year.
“That correlation with gold has picked up. Bitcoin is often thought of as digital gold because of its limited supply,” Alex Saunders, Citi’s head of quant macro research, told CNBC’s “Closing Bell Overtime” on Thursday.
Meanwhile, experts and pols are lamenting the adverse effects of the shutdown, with Treasury Secretary Scott Bessent warning Thursday of potential harm to economic growth.
“The shutdown matters this time around,” Standard Chartered’s Geoff Kendrick wrote in a note Friday. 
“During the previous Trump shutdown… Bitcoin was in a different place than now, so it did little,” he added. “However, this year bitcoin has traded with ‘US government risks’ as best shown by its relationship to US Treasury term premium.”
Standard Chartered expects Bitcoin to hit a new high soon, ultimately reaching $135,000.
The Dow Jones Industrial Average rose 310 points, or 0.7%, while the S&P 500 ticked up 0.1% on Friday.
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The Mega Millions lottery jackpot continues to grow after no one matched all six numbers from Tuesday’s Mega Millions jackpot.
Here are the winning numbers for the Friday, Oct. 3, lottery drawing jackpot worth $520 million with a cash option of $240.1 million.
Grab your tickets and see if you’re the game’s newest millionaire.
Friday night’s drawing will take place at 10 p.m. CT. Winning numbers will be posted here. Tuesday night’s winning numbers were 4, 8, 27, 37, 63, and the Mega Ball was 14.
Results are pending.
You only need to match one number in Mega Millions to win a prize. However, that number must be the Mega Ball, worth either $10, $15, $20, $25 or $50.
Matching two numbers won’t win anything in Mega Millions unless one of the numbers is the Mega Ball. A ticket matching one of the five numbers and the Mega Ball is worth either $14, $21, $28, $35 or $70. Visit www.megamillions.com for a complete list of payout information.
The Mega Millions jackpot for Tuesday night’s drawing continues to grow to an estimated $520 million with a cash option of $240.1 million, according to megamillions.com.
Drawings are held twice a week at approximately 10 p.m. CT every Tuesday and Friday. You can watch drawings via YouTube.
A Mega Millions ticket costs $5 per play. The Multiplier is included in the price of a single $5 wager, according to megamillions.com.
Here’s how to play Mega Millions:
The winning numbers for Monday night’s drawing were 1, 3, 27, 60, 65, and the Powerball is 16. The Power Play was 5X.
The current Powerball jackpot continues to grow at an estimated $195 million with a cash option of $91.3 million, after no one matched all six numbers from Wednesday night’s drawing.
Here is the list of 2025 Mega Millions jackpot wins, according to megamillions.com:
Here are the all-time top 10 Mega Millions jackpots, according to megamillions.com:
Here are the nation’s all-time top 10 Powerball and Mega Millions jackpots, according to powerball.com:
Chris Sims is a digital content producer for Midwest Connect Gannett. Follow him on Twitter: @ChrisFSims.

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