
Mount Pleasant town hall gym dedicated to sports commentator Debbie Antonelli WCBD News 2
source

Ben Weiss is a crypto reporter at Fortune.
October is usually a time for Bitcoin to mount big gains, so much so that traders have named the month ‘Uptober.’ This year, though, the world’s largest cryptocurrency struggled. Bitcoin is down 4% over the past 30 days to nearly $110,000 on Halloween, according to data from Binance. The decline was even steeper for Ethereum, the second largest cryptocurrency by market capitalization, which fell about 10% to now about $3,900.
“October was a bit of a letdown for Bitcoin compared to its strong historical trend, but it’s important to keep perspective—prices have held up well overall, especially after a September that actually bucked the usual weakness,” Joel Kruger, a market strategist at LMAX Group, told Fortune.
The most recent October is the fourth worst for Bitcoin since 2013 and the worst in the past seven years, according to a Fortune analysis. The world’s largest cryptocurrency even failed to keep pace with the S&P 500, which gained roughly 2.3% this month.
Crypto’s recent struggles follow cautious remarks from Federal Reserve Chair Jerome Powell during a Wednesday press conference. After he announced that the Fed would cut interest rates by a quarter of a percentage point, Powell indicated that it may be the last cut of 2025. “There’s a growing chorus now of feeling like maybe this is where we should at least wait a cycle,” he said.
While ending October in a slump, Bitcoin’s month started off strong with the cryptocurrency hitting a new all-time high of nearly $124,000 on Oct. 3. “Uptober is here now. Don’t sell too early. We’re about to get rich!” one crypto enthusiast posted on X.
But, on Oct. 10, the crypto markets crashed and more than $19 billion in traders’ positions evaporated in the largest crypto liquidation event ever tracked by the analytics firm CoinGlass.
The crash coincided with a threat from President Donald Trump to hit China with a 100% tariff “over and above” existing tariffs. He later walked back his aggressive rhetoric, and crypto prices stabilized—but not to early October highs.
Still, Kruger, the market strategist at LMAX Group, is optimistic that Bitcoin can regain ground in the next two months.
“Historically, Q4 has been one of the best periods for crypto performance,” Kruger said, “so we’re still looking for a potential push toward record highs in both Bitcoin and ETH [Ethereum] into year end.”
© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.

There is a treat in store for the National Lottery EuroMillions draw tonight (Friday, October 31) as there is not just a £65m jackpot but 10 guaranteed UK Millionaires to be made.
The trick to becoming a multi-millionaire is to get all five main numbers and the two Lucky Stars for the jackpot win.
But a bit of Halloween luck could also see you become one of 10 ticket holders to get £1m in the UK Millionaires part of the game, into which all players are entered into.
This life-changing sums could bring some extra sparkle to your autumn and completely transform your plans for the months — or even years — ahead.
We’ll also be sharing the Thunderball results, which come with a top prize of £500,000.
As always, play responsibly — and good luck!
Tonight's winning EuroMillions numbers: 5, 14, 38, 43 and 45. Lucky Stars 7, 11
Tonight's winning Thunderball numbers: 11, 19, 35, 37, 39: Thunderball: 6
There are chances to win EuroMillions every Tuesday and Friday.
You can buy a ticket for £2.50 (on draw days up until 7.30pm).
If you want more games to play, there is also Lotto every Saturday and Wednesday and Set For Life every Monday and Thursday.
The Thunderball draw (which also takes place tonight, as well as every Tuesday, Wednesday, Friday and Saturday,) has a £500,000 top prize.
The jackpot on Lotto on Saturday is a £3.8m jackpot.
Join Gloucestershire Live’s WhatsApp community for top stories and breaking news sent directly to your phone
Gloucestershire Live is now on WhatsApp and we want you to join our community.
Through the app, we’ll send the latest breaking news, top stories, exclusives and much more straight to your phone.
To join our community you need to already have WhatsApp. All you need to do is click this link and select ‘Join Community’.
No one will be able to see who is signed up and no one can send messages except the Gloucestershire Live team.
We also treat community members to special offers, promotions and adverts from us and our partners. If you don’t like our community, you can check out at any time you like.
To leave our community, click on the name at the top of your screen and choose ‘Exit group’.
If you’re curious, you can read our Privacy Notice.
Click here to join our WhatsApp community.
At Reach and across our entities we and our partners use information collected through cookies and other identifiers from your device to improve experience on our site, analyse how it is used and to show personalised advertising. You can opt out of the sale or sharing of your data, at any time clicking the "Do Not Sell or Share my Data" button at the bottom of the webpage. Please note that your preferences are browser specific. Use of our website and any of our services represents your acceptance of the use of cookies and consent to the practices described in our Privacy Notice and Terms and Conditions.

Cryptocurrency firm Ripple said three global nonprofit organizations focused on development and humanitarian efforts are using its payment solution and its stablecoin.
Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.
yesSubscribe to our daily newsletter, PYMNTS Today.
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.
For these groups, Ripple Payments and Ripple USD (RLUSD) provide speed and transparency that enhance aid delivery and funding, especially in areas with limited infrastructure, the company said in a Thursday (Oct. 30) press release.
“Our partners and customers are redefining how urgent aid, sustainable development and financial support reach those who need it most,” Ripple President Monica Long said in the release.
Ripple Payments, which was once known as RippleNet, enables businesses to leverage blockchain easily for faster, cheaper and more efficient cross-border payments. It now has 64 active licenses and money transmitter licenses as well as 11 pending jurisdictions, according to its web page.
RLUSD is a U.S. dollar-denominated stablecoin designed for use cases like real-time global payments and tokenization of real-world assets.
World Central Kitchen, which delivers fresh meals to communities and first responders affected by natural disasters, uses Ripple Payments and RLUSD to accelerate the disbursement of funds to partners in areas that don’t have banking infrastructure.
Advertisement: Scroll to Continue
“With Ripple, we’re testing new financial technologies to settle payments in hours instead of days, even in challenging environments, allowing us to serve more communities in their most vulnerable moments,” Joshua Tripp, president of innovation at World Central Kitchen, said in the release.
Water.org, which works to improve access to safe water and sanitation, successfully piloted the use of Ripple Payments to send funds to microfinance partners in Brazil, Mexico and Peru. Now, the organization plans to do the same throughout Latin America and is exploring expanding it to Africa and Asia.
“Through our collaboration with Ripple, we’re exploring how digital payments can help us move funds more efficiently to our local partners — unlocking capital faster so more families can access the solutions they need to survive and thrive,” Gary White, CEO and co-founder of Water.org, said in the release.
Mercy Corps Ventures, which is the impact investment arm of Mercy Corps and supports tech-driven solutions for climate adaptation and resilience in emerging markets, is working with Ripple on pilot programs in Kenya that are testing how stablecoins like RLUSD can speed the delivery of aid to people facing crises.
“For families waiting on emergency cash or insurance payouts, even a few hours can make a difference — and blockchain-enabled payments are helping us close that gap,” Scott Onder, chief investment officer at Mercy Corps, said in the release.
Ripple Powers Aid Delivery and Funding for Global Nonprofits
Walmart Adds AI-Powered In-Store Search, Shopping List and Party Planner
Cities Deploy Robots as Firefighters, Tour Guides and Lawnmowers
Pinterest Launches AI Shopping Assistant and Gen AI Controls
We’re always on the lookout for opportunities to partner with innovators and disruptors.

David Schwartz, one of the chief architects behind the XRP Ledger and a prominent figure in the cryptocurrency and blockchain industry, has disclosed that XRP’s fixed supply of 100 billion tokens was not arbitrary.
When David Schwartz, Arthur Britto, and Jed McCaleb created the XRP Ledger in 2012, they introduced XRP as the network’s gas token, with a total supply of exactly 100 billion tokens.
Unlike Bitcoin, which relies on miners to mint new coins daily, XRP’s supply already existed at launch, with all 100 billion tokens pre-mined before the cryptocurrency was released to the general public.
One question that is rarely asked is why developers of the Ripple-linked coin settled for 100 billion. However, that question was answered this week by David Schwartz.
First, Schwartz noted that the supply needed to ensure adequate divisibility, allowing XRP to handle micropayments across the network. Notably, each XRP divides into one million smaller units known as “drops,” enabling users to send or receive tiny amounts — a feature that has been part of the XRPL since its inception, even before non-fungible tokens or decentralized finance (DeFi) made “dust” transactions a common practice.
Secondly, the incoming CTO emeritus pointed out that the 100B figure fits perfectly within a 64-bit integer, which can store numbers up to more than 18 quintillion. This ensures that the ledger can process transactions quickly while avoiding rounding errors.
Finally, the $100 billion cap was also for simplicity purposes, as it’s a round number that people can easily remember. Notably, adoption is hindered if users struggle to comprehend the numbers.
Out of the 100 billion XRP maximum supply, roughly under 60 billion are currently in circulation, with approximately 35 billion locked in escrow accounts.
Meanwhile, for some Ripple advocates like the founder of the Black Swan Capitalist, the growing demand for tokenized assets, stablecoins like RLUSD, and liquidity solutions puts XRP at the center of the digital economy. As such, the current 100 billion supply may not even be enough to meet future needs, which could result in a supply crunch.

Bitcoin has produced tremendous long-term returns, but the next wave of gains may come from crypto stocks.
Crypto stocks benefit from rising Bitcoin prices but have underlying businesses that go beyond buying and holding crypto.
IREN and Coinbase have outperformed Bitcoin year-to-date and have plenty of tailwinds that support long-term growth.
Bitcoin (CRYPTO: BTC) is approaching an all-time high as investors get more enthusiastic about cryptocurrencies, but cryptos may not be the best way to play the crypto boom.
Crypto stocks have been hot lately, with many of them outpacing the S&P 500. These stocks offer exposure to the upswing in crypto prices while having business models that generate meaningful revenue growth.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks »
These two crypto stocks have outperformed Bitcoin year-to-date, and if the famed cryptocurrency continues to march higher, these stocks should post solid gains for patient investors.
Image source: Getty Images.
Crypto miners have been turning themselves into AI data centers that can secure big deals with tech giants like Alphabet(NASDAQ: GOOG)(NASDAQ: GOOGL) and Meta Platforms(NASDAQ: META). IREN(NASDAQ: IREN) is one of the best-positioned crypto miners to capitalize on the AI boom.
Tech giants need energy and data centers to serve as the backbone for their AI projects. IREN has 810 megawatts of data center capacity and nearly 3 gigawatts of contracted, grid-connected power. Those three gigawatts can translate into billions of dollars for IREN, based on previous deals, and most of that power will be available by the end of 2027. IREN mentioned an additional multi-gigawatt development pipeline when reporting Q4 FY25 results in August.
Nebius(NASDAQ: NBIS) reached a 5-year, $17.4 billion deal with Microsoft(NASDAQ: MSFT), and it can go up to $19.4 billion in value. The deal gives Microsoft access to a 300 megawatt data center. IREN will soon have enough energy to support 10 of these deals, and the deals may get more pricey as the energy bottleneck gets tighter for companies that are investing in artificial intelligence.
IREN currently makes most of its revenue from Bitcoin mining, but it’s projecting significant growth for its cloud segment. IREN told investors in August that it expected between $200 million and $250 million in annual recurring cloud revenue by the end of the year. One month after making that announcement, IREN notified investors that it anticipates bringing in more than $500 million in annual recurring cloud revenue by the end of Q1 2026.
This projected quarter-over-quarter double suggests strong demand for IREN’s AI data centers. These deals can print more money than the company’s crypto mining operations, but Bitcoin is still a big piece of the picture. IREN mined 668 Bitcoin in August , translating to $50.8 million in hardware profits, which is good for a 66% hardware profit margin.
Buying Bitcoin has gotten easier over the years, with many brokerage firms letting you trade the asset or an ETF that is directly tied to the asset. While offering Bitcoin to customers is the new trend, Coinbase(NASDAQ: COIN) was one of the first movers in the industry. It’s the largest U.S.-based crypto exchange and holds $1.8 billion in crypto assets, as of June 30, 2025.
Coinbase doesn’t only offer crypto trading. It also lets customers stake crypto, use it for purchases, and store crypto in digital wallets. Users can also transfer crypto to their friends via fast, free global transfers.
Although Coinbase’s transaction revenue slightly dipped year-over-year, stablecoin revenue has been surging. That part of Coinbase’s business is up by 38.3% year-over-year, as the GENIUS Act set up the regulatory foundation for the wide adoption of stablecoins and other digital assets. This policy can boost the demand for crypto, which would bode well for Coinbase.
The company is positioned well for Bitcoin surges and growth from altcoins. It’s the preferred choice for institutional investors, as Coinbase is the custodian for more than 80% of U.S. Bitcoin and Ethereum ETFs. Rising demand for crypto, especially as Bitcoin approaches all-time highs, will boost the company’s transaction revenue.
Owning Coinbase stock also gives you exposure to another hot crypto stock that’s benefiting from stablecoins, Circle(NYSE: CRCL). It owns 8.5 million shares of the stock, which is upby more than 70% year-to-date and translated into solid gains for Coinbase.
IREN and Coinbase aren’t just crypto plays. IREN taps into artificial intelligence while Coinbase is revolutionizing digital finance. They have outperformed Bitcoin year-to-date, and their stock prices stand to go higher if Bitcoin continues to rally.
Before you buy stock in Iren, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Iren wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $587,288!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,243,688!
Now, it’s worth noting Stock Advisor’s total average return is 1,055% — a market-crushing outperformance compared to 194% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
Stock Advisor returns as of October 27, 2025
Marc Guberti has positions in IREN. The Motley Fool recommends Coinbase Global and Nebius Group and recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.
All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2025.
Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).
© Copyright 2025 The Globe and Mail Inc. All rights reserved.
Andrew Saunders, President and CEO

Written & Edited by
Mohammad Shahid
Ripple will release 1 billion XRP—worth roughly $2.5 billion at current prices—from escrow on November 1, as part of its regular monthly schedule.
The release continues Ripple’s long-standing liquidity management system introduced in 2017 to ensure a predictable token supply.
Each month, Ripple unlocks 1 billion XRP and typically re-locks 70–80% of it back into new escrows. Only 200–300 million XRP are used for operational needs, institutional sales, or ecosystem support.
The process is fully auditable on-chain and designed to prevent sudden supply shocks. The upcoming unlock has drawn market attention because of XRP’s recent price volatility.
Ripple will unlock 1B $XRP from escrow tomorrow (~$2.49B)
They usually re-lock most but sell or move 200–300M
Let’s see how the market handles it pic.twitter.com/Lha46MAe5i
In October, XRP traded between $2.30 and $2.68, buoyed by optimism around Ripple’s institutional expansion and Evernorth’s billion-dollar listing plans.
Despite the size of the escrow release, analysts expect minimal direct price impact since most tokens typically return to escrow.
However, traders will watch how much Ripple decides to re-lock this month as a possible signal of its liquidity and sales strategy heading into 2026.
A lower re-lock could indicate higher planned distribution or funding activity.
X discussions this week reignited debate over how XRP’s market cap should be calculated.
Developer Vincent Van Code argued that XRP’s effective supply is overstated, given that 35 billion XRP remain locked in escrow. He compared this to Bitcoin’s lost or dormant coins, claiming market caps distort actual liquidity..
Former Ripple CTO David Schwartz clarified the distinction.
Ripple could sell the right to receive the tokens released from escrow or even sell the accounts the escrows complete into. But the XRP still can't circulate until their release dates.
The exchange underscored that escrowed XRP remains non-circulating until officially unlocked, though secondary rights to future releases can be sold—similar to forward contracts.
The escrow discussion comes amid a pivotal month for Ripple. Its backed venture Evernorth announced plans to go public and raise over $1 billion, positioning itself as the largest institutional XRP treasury company.
Also, Japan’s gumi Inc. joined Ripple and SBI Group in the initiative, reinforcing XRP’s growing presence in institutional finance.
Meanwhile, XRP price also saw strong technical activity in October, briefly breaking resistance at $2.63 before retracing amid wider crypto volatility following the Federal Reserve’s latest policy move.
For XRP holders, the November 1 unlock is routine but strategically important. If Ripple maintains its usual re-lock pattern, price pressure is likely minimal.
However, sentiment may hinge on how Ripple manages post-unlock liquidity and whether institutional flows from the Evernorth initiative begin reflecting in on-chain activity.
Daily Crypto Insights
Insights, news and analysis of the crypto market straight to your inbox
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.