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Bitcoin Price (BTC) Analysis: 'Debasement Trade' to Boost Price, Says JPMorgan – CoinDesk

Banking giant JPMorgan says bitcoin could climb to around $165,000 on a volatility-adjusted basis relative to gold, highlighting what the bank sees as significant upside if the so-called “debasement trade” continues to gain momentum.
The Wall Street lender’s models suggest that bitcoin would need to rise about 40% from current levels to match the scale of private gold holdings once risk is accounted for.
The world's largest cryptocurrency was trading around $119,000 at publication time.
The debasement trade involves buying assets such as gold or bitcoin to hedge against the devaluation of fiat currencies.
The bank's projection comes as retail investors accelerated their embrace of the debasement trade, pouring into both bitcoin and gold exchange-traded funds over the past quarter.
Analysts led by Nikolaos Panigirtzoglou noted that flows into these products have surged since late 2024, a trend that picked up ahead of the U.S. presidential election.
The analysts framed the trade as a response to long-term inflation concerns, ballooning government deficits, questions about Federal Reserve independence, waning trust in fiat currencies in some emerging markets, and a broader move to diversify away from the U.S. dollar.
Cumulative flows into spot bitcoin and gold ETFs have risen sharply, JPMorgan said, with retail buyers driving much of the activity. Bitcoin exchange-traded fund (ETFs) initially outpaced gold earlier in the year, particularly after “Liberation Day,” but gold ETF inflows have been catching up since August, narrowing the gap.
Institutional investors have also been participating, according to JPMorgan, though mainly via Chicago Mercantile Exchange (CME) bitcoin and gold futures rather than ETFs. The bank’s proxy based on open interest shows institutions have been net buyers since 2024, but their momentum has recently lagged retail demand.
The steep rise in gold prices over the past month has also bolstered bitcoin’s relative appeal, as the bitcoin-to-gold volatility ratio has drifted below 2.0. That shift underscores the bank’s view that bitcoin remains undervalued relative to gold, with its current price about $50,000 below where JPMorgan’s model suggests it should be.
Read more: When Could Bitcoin Break Out to New Highs? Watch Out for Gold

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Disclosure & Polices: CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of Bullish (NYSE:BLSH), an institutionally focused global digital asset platform that provides market infrastructure and information services. Bullish owns and invests in digital asset businesses and digital assets and CoinDesk employees, including journalists, may receive Bullish equity-based compensation.

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Cue Tips: Take the tough shot – Fort Bragg Advocate-News

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Rack ‘em up:
Michael VanPelt was at David’s Deli consuming and storing calories for the cold days of Winter. He said, “I’ve come to play tonight.” He was talking about the upcoming Tuesday night league games. Well, Michael did win both of his games on Tuesday night for Noyo River Grill Team #1. It’s possible that his positive attitude helped him win, but who knows? Silly, I know, but I believe in the little engine that thinks it can. I have read numerous opinions from professionals who advise maintaining a positive attitude when playing. Have you ever said to yourself, “I’m going to scratch on this,” Miss the shot, and still scratch? Arrrgh, I believe you need to be careful about what you say to yourself and when you say it.
What do you say to players who feel they don’t need to practice or benefit from practicing alone because they have played for years? Arrrgh? Hugh Foster: Perfect practice makes perfect playing. Ta-da.
What is with the Welcome Inn team # 3, Captain Joshua House, and the Pour House? It’s a convenience for people who enjoy life. Huh? Okay, if it includes outdoor Weddings and a boxing day for relatives, I’m in. His lone supporter, Kevin, says, “Joshua tries hard and he uh, and he uh.” Wow, imagine how good you’d feel gettin’ a “he uh” endorsement from your pal Kevin? Well, duh, neither would anyone else.
Still, call the Pour House if you want an actual Bartender and Bar. However, all extra work, such as dancing the night away or boxing a cousin, is discontinued. And will not be on any Pour House Duty List, ever again. If enquiring minds want to know what the little bar can do, call The Pour House mobile bar. (707) 972-7745.
Milano Hotel and Bar relented to Rowdy, who suggested it was time to let Les and Ellen back in. It was nice to see them at the only neighborhood bar with a Diamond table. I came for the table, so a quick “Howdy” to Les and a hug with Ellen, and I headed for the perfectly rolling Diamond. We need more players who want to keep playing a perfectly rolling Pool table. One of the easiest ways to help protect the roll is to clean the table regularly and use less powder.
Pool League results for Tuesday 09/23/2025
Team in order of games and matches won: WI # 4: 7 wins; NRG # 1: 7 wins; WI # 1: 7 wins; GWS # 1: 6 wins; MHB # 1: 5 wins; WI # 3: 5 wins; NRG # 2: 5 wins; MHB# 2: 2 wins; GWS # 2: 1 win; WI # 2: 0 wins.
Top Players: Mike Fratis 15-3, Sam Banker and Ridge Gorman 14-4, and Nick Moore 13-5.
Top Players of Teams: GWS # 1: Sai Jorgensen; GWS # 2: Tucker Huffman; MHB # 1: Flaco Pat;  MHB # 2: Mark Wright; NRG # 1: Nacho Alcala; NRG # 2: Ridge Gorman; WI # 1: Rafferty Shea; WI # 2: Jamie Carey; WI # 3: Joshua House; WI # 4: Mike Fratis.
8-ball breaks to date: Nick Moore, Juan Olvera, Eric Banks, Mike Fratis, Luis Medina, and Nicolas Yanez. Congratulations to all.
Golden West Saloon, Milano Hotel and Bar, Noyo River Grill, and Welcome Inn: All with pool tables and the Fort Bragg Pool League schedules and Tournament times. Review the Pool League list of players to see if you know anyone and where they will be playing. You might meet them or make a new friend while watching the Pool League 8-ball pool games unfold. The Fort Bragg Pool League plays on Tuesdays at 7 p.m. and is usually finished well before 10 p.m.
Cue Tip: If you are left with a tough shot, look around for a way to return the favor. Is there a shot you could play to leave them tough, and maybe too, re-position one of your balls to improve your table? If you are in a hurry and only focus on making the next ball, you may ignore a problem ball. There are always problem balls. Remember, it is the same for your opponent, and their problem balls are also easy to miss if you hurry. Players try to control the Cue ball for shape. You change the table layout by the ball positions you leave. When you only focus on putting balls into pockets, you might find yourself with a problem ball as your last and only ball.  If some of your focus has been on improving your table as you played, you don’t have a problem ball. Contact me at mcbohanon@gmail.com.
 
Copyright © 2025 MediaNews Group

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The Hot Lotto Scandal: Computer Codes, Cons and Bigfoot – A&E

Crime + investigation
A&E Crime + Investigation spoke with Rob Sand about the Iowa Hot Lotto fraud scandal, the largest lottery-rigging scheme uncovered in the United States, and his role as the prosecuting attorney for the Iowa Attorney General's Office in the case.
KV
Kali White VanBaale
The Iowa Hot Lotto fraud scandal was the largest lottery-rigging scheme uncovered in the United States. It involved a cast of con artists, malicious computer code, a $16.5 million lottery ticket and…Bigfoot hunters.
Rob Sand, author of a new book, The Winning Ticket: Uncovering America's Biggest Lottery Scam, was the prosecuting attorney for the Iowa Attorney General's Office in the Hot Lotto case and is now State of Iowa Auditor. A&E Crime + Investigation spoke with him about how the extraordinary scheme went down.
Explain the basics of the Multi State Lottery Association (MUSL) 'Hot Lotto' game and how it operated in 2010.
It was an RNG game, a Random Number Generator, as opposed to a "ball game" most people are familiar with. An RNG game has a number generator inside of a computer that spits out numbers. [Players] then try to match them all to hit the jackpot and win everything in there. Some lotteries are specific to a particular state, but Hot Lotto was played across 15 different states, which meant a lower chance to win, but more money.
Talk about the strange journey of the $16.5 million winning ticket at the center of this case.
It was sold in a Des Moines, Iowa convenience store on December 23, 2010. [In addition to verifying ticket serial numbers and both store and player signature receipts], the Iowa Lottery also gets the surveillance video of a big jackpot ticket purchase [if available] typically within a day or two of when it's sold. They do this so they can compare it to people's claims—the easiest way to weed out false claims. Winners have one year to claim it.
But after the announcement that someone had purchased the jackpot ticket [at that location], time just crept by. No one came forward for months.
It wasn't until the eleventh month that anybody made a truly credible claim—a Canadian lawyer named Philip Johnston who called and said he'd traveled through Iowa and bought the ticket, and he provided the serial number [on the ticket itself]. But when the Iowa Lottery asked him to describe himself and what was he wearing the day [of the purchase], he was clearly not the purchaser from the video.
When the Iowa Lottery told him they knew he didn't buy the ticket, Johnston stopped communicating with them. He just kind of disappeared.
Then on the last day of the claim period, another lawyer [from New York] named Crawford Shaw had a law firm in Des Moines claim the ticket on his behalf. He was representing an anonymous trust in Belize, [of which he himself was the trustee].
By law, the Iowa Lottery still needed to know who bought the ticket and everyone who had possessed it after it was purchased, but the law firm refused to say and eventually withdrew their claim. So the Iowa Lottery contacted the Iowa Attorney General's office and requested an investigation.
When you inherited the case in 2014, one of the first things you did was release the convenience store videotape to the public. What was the result?
Eddie Tipton [the ticket purchaser] was identified. We had two or three people independently contact our office to say it was him in the video—universally recognizing him by his voice, not his appearance.
Did you quickly connect Tipton to his job at MUSL?
We did, because the tipsters told us he worked at MUSL, which was immediately intriguing because it gave us a reason why he wouldn't want to be identified. We didn't know at the time his job was literally writing the computer program that picked the random numbers—because no one specifically told us—but we knew working at MUSL meant he was a prohibited purchaser, meaning he was not allowed to buy lottery tickets or play jackpots.
In 2018, the New York con man and co-founder of Fyre Festival was found guilty of fraud and sentenced to six-years in prison. What's his life like at the Milan Federal Correctional Institution?
In 2018, the New York con man and co-founder of Fyre Festival was found guilty of fraud and sentenced to six-years in prison. What's his life like at the Milan Federal Correctional Institution?
Once you had Tipton's name and job at MUSL, you were able to piece together his computer scheme where he programmed the RNG to produce special results if the lottery numbers were drawn on certain days of the year, thus enabling him to 'pick' winning numbers. How did you uncover his hidden malware?
The investigation was essentially conducted by the states of Iowa and Wisconsin, and later Colorado was helpful.
Wisconsin brought in a forensic computer specialist named Sean McLinden, who completely reverse-engineered the information. Every time we located one of the MUSL computers that had been used around 2010, it had been wiped clean when pulled out of service. Wisconsin, however, still had one of those computers pulled out of service [that] they didn't wipe. Sean was able to go back into that old computer, locate the same file that had been in use at the time and effectively reverse engineer the contents of [Tipton's] code.
In addition to Johnston and Shaw, another co-conspirator emerged: Eddie's brother Tommy Tipton, who was involved with another fraudulent winning ticket. Can you talk about his part in the scheme?
We heard there was an FBI agent in Texas who might be able to tell us something related to a Colorado ticket Tommy Tipton won in 2005, [a $568,990 jackpot.] When we asked, the FBI agent replied that it was his 'Bigfoot case.' He told us about a justice of the peace in Texas [Tipton] who approached a fireworks dealer, saying he had all these bills consecutively marked and wanted to trade them for some nonconsecutively marked bills. The fireworks dealer, to his credit, went to the FBI. When agents went to talk to Tipton, he was in a hospital; [he said he was] recovering from a fall out of a tree while Bigfoot hunting and had broken both his legs.
After an undercover operation revealed that Tommy Tipton had won the money in a lottery, investigators unknowingly got close to the bigger family conspiracy, but dropped it after interviewing him. What did he say about that Colorado ticket to quell their suspicions?
Tipton said a buddy claimed it for him after he won it in Colorado. He didn't want to claim it himself because he didn't want his wife to know as he thought they were getting a divorce, and also because his church really frowned on gambling.
The FBI finally determined that wanting non-consecutive marked bills, in and of itself, wasn't a crime, so they closed their case.
It wasn’t until several years later, after Eddie Tipton’s conviction, that a tipster suggested that investigators revisit his brother’s serendipitous winnings. How much money do you estimate Tipton and his associates fraudulently won between 2005 and 2011 across five Hot Lotto states?
The face value of the winning tickets was over $20 million, but the actual paid amount was somewhere between $2 and $3 million.
What happened to Eddie Tipton?
In Iowa, he was convicted of ongoing criminal conduct, which is a sentence of up to 25 years, and restitution. He also still has his Wisconsin sentence hanging over his head, where he needs to get his restitution paid back so he can avoid actually having to serve time there. He was recently paroled, but it was revoked for fighting before he got out.
Tommy Tipton was convicted and served a 75-day jail sentence in Texas and also has a restitution order for everything he fraudulently won.
Florida recently passed a law that protects a winner's identity for up to 90 days, as a shield against potential violence following cases in Florida and Georgia. Do you think this a smart or necessary measure for other states to consider?
I will say it's important for the lottery itself to know the identity of the winner. I don't think people should be able to claim lottery tickets completely anonymously without even the state knowing who they are because that just invites all kinds of fraud.
Do you think lottery scams continue to be an undetected problem?
How do we know what we don't know?
Alison Becker talks about the rise and downfall of Bernie Madoff.

Authorities think someone living near the Salt Lake City home from which the 6-year-old was taken in 1995 may have more information.
Others killers who echoed The Butcher of Plainfield's crimes.
She accused Patrick Lumumba of killing Meredith Kercher.
'The Twisted Tale of Amanda Knox' revisits the proceedings.
KV
Kali White VanBaale is the author of three novels, most recently The Monsters We Make, as well as short stories, essays, and articles. She’s the recipient of an American Book Award, an Eric Hoffer Book Award, and two State of Iowa major artist grants among others. She’s the managing editor of the essay journal The Past Ten, and volunteers for the PEN America Prison & Justice Writing program. Kali is a core faculty member of the Lindenwood University MFA in Creative Writing Program where she was named adjunct professor of the year in 2022. She lives outside Des Moines with her family.
We strive for accuracy and fairness. But if you see something that doesn't look right, click here to contact us! A&E reviews and updates its content regularly to ensure it is complete and accurate.

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Timaya And Brooke Bailey In Traditional Outfits Spark Engagement Rumors – gistlover.com


Since they first appeared together late last year, Nigerian singer Timaya, whose real name is Inetimi Odon, and his American reality TV star girlfriend, Brooke Bailey, have been causing a stir online.
Brooke shared pictures on her Instagram, showcasing their affection in a traditional-themed photoshoot.
She wore an outfit resembling an Igbo bride, while Timaya looked impressive in his Bayelsa attire. The couple’s looks were styled by the well-known celebrity stylist Swanky Jerry.
Timaya has never been married, but he has two baby mamas and three children. He has two kids with his first baby mama and one son with his second.
His single life has led to rumors about an engagement with Bailey, especially since people have noticed a ring on her fourth finger.
See photos below:
Netizens Reactions:
@you_found_keltene: our wife 🇳🇬😍
@cio2u: Wait did Brooke get married or something?
@fionaberri: Engagement photos??? Congratulations!!! 🍾 🥂 🍾 ❣️❣️👸🤴
@therealkeek85: It’s the big Rock for me gorgeous ring 💍
@dreamsdocometru: I’m here for the wedding you look so beautiful
@donaldblackett: You look absolutely beautiful 😍 😍😍💝💝🥰🥰🥰🙏🙏👑🤍🤍🤍
@estelitaquintero: That’s dress is beautiful wow Brooke. 😍 amazing, happy for you babes.
@_dawisu_: OmG is this the wedding or engagement??? I see a ring ❤️ ❤️ ❤️
@dimequality: Wow. i am speechless at how powerful this duo is the energy levels of seeing you two are so powerful
@thejoeymarshall: You look freakin STUNNING!!!!!! Love this Brooke baby
@djkenscratch: Papi chulo finally decides to settle down🙌🥰
@ogbia_princess: AYORO 1 OF TIMAYA KINGDOM @ OUR IJAW BRIDE 🔥❤️

Copyright © 2025 Gistlover Media. All Rights Reserved

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Local expert shares tips on how to prevent senior falls year-round – WCIV

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Abigail Quinn
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Last month was fall prevention awareness month and though it is no longer September, Lisa Bell from Senior Helpers joined "Good Morning Charleston" to help share special tips on how to keep seniors safe from falls all year long.
According to the National Council on Ageing, older adults are treated in the emergency room for fall injuries every 11 seconds in the United States.
According to Bell this statistic can likely be attributed to weakness in the muscles of elderly individuals, medications, worsening vision, home hazards and other complications that come with getting older.
In order to prevent falls, Bell states that a few simple adjustments can be made. Her examples include stowing cords away and off the floor where they can avoid becoming an easy tripping hazard, secure rugs to the floor with rubberized mats or double sided tape and keeping pet toys clear from areas where they can become a tripping hazard.
Installing improved lighting can also help will falls by better illuminating the floor and areas where hazards may be hiding.
The Senior Helpers group is also able to help seniors in need by assigning caregivers who can offer care and companionship to those in need.

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Bitcoin Price Prediction for October, November & December – CoinCentral

As the fourth quarter of 2025 begins, discussion on Bitcoin Price direction is picking up steam. After a spectacular rally all year long, long-term traders and investors are watching closely to see if Bitcoin can sustain its bullish trend or consolidate before breaking out once again. While institutional demand is picking up and retail participation is steady, the sentiment is optimistic but guarded.
Meanwhile, attention is also given to early-stage projects like Remittix (RTX) at $0.1130, which are introducing payment utility in real-world usage, unlike in the case of mere speculative tokens.

Bitcoin (BTC) trades at $117,262.01, a 3.04% increase in the last 24 hours, with a market capitalization of $2.31 trillion. Trading volume in the last 24 hours is $61.31 billion, decreasing by a mere 3.82%, indicating a constant stream of liquidity on centralized exchanges.

Being one of the most popular cryptocurrencies, Bitcoin’s Q4 outlook continues to be driven by institutional investment, ETF demand, and macroeconomic considerations. The Bitcoin Price continues to be supported by tales of digital gold and long-term store-of-value appeal.
If global risk sentiment continues to be firm, experts think BTC can continue trading in its range while remaining a stable benchmark for altcoins, DeFi projects, and crypto presales now active, seeking legitimacy.
The strength of the Bitcoin Price has a tendency to set the tone for early-stage crypto investments and emerging altcoins to watch. With BTC stabilizing above key resistance levels, capital rotation into leading crypto under $1 and cross-chain DeFi projects is on the rise.
In particular, utility-first projects such as Remittix (RTX) are moving towards tackling actual real-world problems, such as global remittances, fiat onboarding, and low-cost gas fee crypto payments. As the top crypto presale 2025 contenders emerge, their development tends to mirror Bitcoin’s market cycles based on confidence.
Remittix (RTX) has raised $26.9 million+ and sold 673 million+ tokens in its presale, trending as one of the best DeFi projects of 2025. Its Beta Wallet is live today, compatible with 40+ cryptocurrencies, 30+ fiat currencies, and real-time FX conversion, linking crypto to tangible utility for freelancers, remitters, and global enterprises.
The Catalysts Accelerating Remittix’s Traction:
CertiK’s #1 ranking is a testament to its transparency and trust as a low-cap crypto gem that solves the $19 trillion payments industry.
While Bitcoin Price remains stable in Q4 2025, investors diversify into crypto with practical use. Remittix, through its integration of validated security, real-time wallet infrastructure, and global access, is one of the best cryptos to invest in today and a high-growth initiative beginning the new year.
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.

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How Crypto Lending Platforms Empower Investors Without Sacrificing Assets – Richmond Times-Dispatch

Two restaurants from the Lindsey Food Group are “temporarily closed,” according to the owners.
Starbucks is laying off around 900 non-retail employees and closing some U.S. and Canadian stores as it focuses more of its resources on reviv…
A spokesperson for the festival says the event “lost tens of thousands of dollars in sponsorship support this year.”
One Richmond-area BBQ spot made Southern Living’s ‘Top 50 BBQ Joints in the South.’ 
Bolo’s Eatery is now open in Manchester, serving fried chicken, oysters and craft beer.
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