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The crypto world is going through some changes. With the tightening of anti-money laundering (AML) regulations, both exchanges and users are feeling the heat. Let’s take a look at how these changes are affecting the market, especially the smaller players, and what it means for privacy technologies. There are ways to navigate this tricky landscape while still staying in line with the rules and encouraging innovation.
Starting in 2025, French regulatory authorities, specifically the Autorité des Marchés Financiers (AMF) and the ACPR, ramped up their AML checks on crypto exchanges. This is part of the EU’s Markets in Crypto-Assets (MiCA) framework, and it aims to improve compliance and oversight, especially for platforms like Binance. The goal is to make the market more reliable and protect investors. But this comes at a cost: a 30-40% rise in operational costs for exchanges, which hits the smaller players the hardest.
This focus on compliance isn’t just for show. It’s a reaction to the increasing concerns about illegal activities in the crypto world. Having stricter AML checks is seen as essential for keeping the market safe and sound. But with this tightening up, the market dynamics have shifted. Larger exchanges like Binance and Coinbase are broadening their operations, while smaller entities are facing the risk of having to leave the French market.
For the smaller exchanges, this heightened AML scrutiny brings a whole new set of problems. Many of these players simply don’t have the resources to handle the increased operational costs tied to compliance. Consequently, a lot of them might find it hard to compete or even keep their doors open in this changing landscape. The financial strain of building a solid AML infrastructure, carrying out reports, and conducting audits to meet regulatory needs could be too much for them.
There’s a real chance we’ll see some of them exit the market or get pushed into mergers. Those that can’t meet the tough requirements set by the AMF and ACPR could see a reduction in market diversity. And with fewer players in the game, innovation is likely to take a hit, considering that smaller exchanges often push for unique services and offerings.
All this regulatory pressure is not good news for privacy technologies in the crypto sector. Privacy coins and other privacy-boosting technologies are designed to keep user data and financial details under wraps. But with stricter regulations, exchanges might have to gather and share more user data than necessary, which goes against what these technologies are all about.
This clash between the need for transparency and the right to financial privacy is troubling. So, users who value their privacy might turn to less regulated platforms, possibly moving their activities to places where regulations are not as tight. This offshore movement could weaken AML efforts and expose users to more risks.
To navigate these troubled waters, smaller crypto businesses might want to team up with crypto-friendly banks. These banks can lend a hand with the compliance burdens while also boosting credibility. By joining forces, smaller exchanges can keep innovating and improving user experience without losing sight of their commitment to regulatory compliance.
In order to survive and thrive in this stricter regulatory environment, smaller crypto businesses need to adopt some proactive strategies. Here are a few best practices to consider:
First off, engage early with regulators. Understanding compliance requirements and seeking guidance can be beneficial. Building a robust compliance infrastructure is another step forward, integrating regulatory controls into product and engineering roadmaps.
If available, use regulatory sandboxes or innovation hubs to test new products under regulatory supervision. Specializing in niche crypto services that face less stringent requirements could allow for innovation without too much interference. And lastly, implementing transparent audit and reporting systems can not only meet regulatory needs but also raise investor confidence.
By adopting these strategies, smaller crypto businesses can navigate the challenges posed by increased regulatory scrutiny while continuing to innovate and grow.
The tightening of AML regulations in Europe is both a challenge and an opportunity for the crypto sector. While compliance is critical for stopping illegal finance, it’s important to find a balance that doesn’t stifle innovation or privacy. Collaboration between policymakers and industry stakeholders is essential to develop frameworks that protect against financial crime while allowing for the beneficial uses of privacy-enhancing technologies.
As the crypto landscape keeps shifting, staying informed and adaptable is going to be key for businesses wanting to thrive in this new compliance era. Embracing proactive strategies and fostering partnerships will help smaller exchanges navigate the regulatory complexities while contributing to a vibrant and innovative crypto ecosystem.
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The results are in for the 11th-largest jackpot ever in the Mega Millions lottery game.
The jackpot has been rolling since it was last won at $348 million in Virginia on June 27. A ticket sold in Ohio for the Apil 18 drawing won a $112 million prize before that, according to megamillions.com.
Here are the numbers drawn and prizes won in the Oct. 17 drawing:
Here are the Friday, Oct. 17, Mega Millions winning numbers: 9, 21, 27, 48 and 56. The gold Mega ball is 10. The Mega Millions lottery jackpot was an estimated $625 million with a cash option of $288.8 million for Tuesday night’s drawing.
No one won the jackpot in Friday night’s Mega Millions drawing.
Tuesday’s jackpot is estimated to be $650 million with a cash option of $304.1 million. This is the 10th largest jackpot since the game started in 2002.
The next drawing is Tuesday, October 21, at 11 p.m. ET.
Drawings are every Tuesday and Friday at 11 p.m. ET.
The largest Mega Millions jackpot won on a single ticket is a $1.602 billion prize won in Florida on Aug. 8. Other large single-ticket Mega Millions prizes have been $1.537 billion won in South Carolina on Oct. 23, 2018; $1.348 billion won in Maine on Jan. 13, 2023; $1.337 billion won in Illinois on July 29, 2022 and $1.050 billion won in Michigan on Jan. 22, 2021.
Mega Millions tickets cost $2 per play.
There are nine ways to win a prize, from the jackpot to $2.
Players can pick six numbers from two separate pools of numbers: five different numbers from the white balls numbered 1-70 and one number from the gold balls numbered 1-25.
You win the jackpot by matching all six winning numbers in a drawing.
You can pick your lucky numbers or select Easy Pick or Quick Pick and have the numbers auto-drawn. If you can’t decide, the Mega Millions website has a random number generator.
Most states offer the Megaplier feature, which increases non-jackpot prizes from two, three, four and five times.
It costs an additional $1 per play.
Before each regular Mega Millions drawing, the Megaplier is drawn. From a pool of 15 balls, five are marked with “2X,” three with “4X” and one with “5X.”
You can play Mega Millions in 47 localities: 45 states, plus the District of Columbia and the U.S. Virgin Islands. To find locations, search the Mega Millions website.
In Kentucky, Ohio and Indiana, you can buy a Mega Millions ticket at gas stations, convenience stores and supermarkets until 10:45 p.m. on drawing night.
In Kentucky, residents can also purchase tickets online at kylottery.com.
In Ohio, residents can use the Lottery Card available in Kroger, Buehler’s Fresh Foods and Giant Eagle stores. It allows Ohio consumers to enter draw games on their phones and get notified and paid electronically if they win.
The odds of winning the Mega Millions jackpot are about 1 in 290 million.
The overall chance of winning any prize is 1 in 23.

XRP has plunged 18% in October as the US government shutdown has become the third longest in history. Notably, the longest shutdown in history was during President Trump’s first term in office, lasting 35 days.
The shutdown continues to leave the US Securities and Exchange Commission running on a skeleton staff, delaying crucial SEC reviews and approvals. The delays mean XRP-spot ETF issuers would need to wait for the US Senate to pass a stopgap funding bill before the SEC can green-light seven XRP-spot ETFs awaiting their S-1 approvals.
Crucially, the prolonged government shutdown leaves XRP exposed to heightened price volatility in the absence of sticky institutional money. For context, Bitcoin (BTC) has fallen a more modest 6.39% in October, with Ethereum (ETH) down 6.90%. Both have the benefit of institutional money flowing into established spot ETF markets.
The continued Senate impasse could expose XRP to heavier losses before the storm clears. Betting platform Kalshi currently predicts the government shutdown will last 42 days, with a 72% chance of the deadlock extending beyond the 35 days in 2018-2019. More than 40 days would take the shutdown to November 10.
The US government shutdown leaves XRP-spot ETF issuers in limbo. Grayscale’s XRP ETF final decision deadline of October 18 is set to pass today. There is no clear line of sight on when a stopgap funding bill will receive the necessary 60 votes.
While selling pressure has intensified amid the uncertainty, the US Senate could pass a stopgap funding bill at any time. Given Grayscale’s final decision deadline, the SEC could expedite the approval of all seven XRP-spot ETFs.
Considering previous decisions, it is highly likely that the SEC will approve all seven issuers’ S-1s, with the spot ETFs potentially launching the next day. In January 2024, the agency approved all ten S-1s, ensuring no issuers gained a first-to-market advantage.
Since launching in January 2024, the BTC spot ETF market has seen total net inflows of $61.5 billion, sending BTC to an October all-time high of $125,761.
Traders continue ignoring key announcements, which would typically boost XRP demand and price. The US government shutdown and ongoing delays to spot ETFs have overshadowed two strategic moves on Main Street:
This week’s announcements garnered limited investor interest, with XRP exposed to BTC price trends.
Pro-crypto lawyer Bill Morgan commented on the GTreasury announcement and the absence of market reaction, stating:
“This will have little or no impact on the reality that XRP price action specifically follows bitcoin price action and generally follows the market as a whole. Hence, XRP price has fallen with Bitcoin’s price falling with the rest of the market in the hours since this announcement. That is not to diminish that the news is positive for Ripple.”
Morgan concluded:
“It might benefit XRP and the XRPL, but no one can reflexively make that assumption without doing a deeper dive into the details of the acquisition.”
XRP’s correlation to BTC could break once there is an XRP-spot ETF market. Different flow dynamics could lead to price divergence – a step toward market maturity. XRP could benefit from its real-world utility and Ripple’s growing presence on Main Street.
XRP fell 1.51% on Friday, October 17, following the previous day’s 3.46% loss, closing at $2.2944. A four-day losing streak, mirroring the broader crypto market, sent the token below the $2.2 level before recovering. Friday’s loss also led to XRP dropping further back from 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 scenarios could dictate near-term price trends:
Bearish Scenario: Risks Below $2.2
These bearish scenarios could push XRP back toward $2.2. A drop below $2.2 would bring the $2.0 psychological support level into play.
Bullish Scenario: Path to $3
These bullish scenarios could drive XRP toward $3.0.
The crypto market remains dependent on the US government reopening. However, XRP’s drop below key levels on Friday, October 17, was brief, suggesting crucial support ahead of an XRP-spot ETF launch.
Market intelligence platform Santiment commented on XRP’s price action, stating:
“XRP’s price has rebounded back a modest +5.3% since its bottom 12 hours ago. A good long-term sign is the amount of mid to large stakeholders continues to grow. There are now an all-time high ~317.5K wallets with at least 10K XRP.”
XRP could reclaim the $3.0 handle if the US Senate passes a stopgap funding bill. Furthermore, the token could target its record high of $3.66 if the Fed cuts rates and the US Senate passes the Market Structure Bill.
All eyes remain on Capitol Hill, where the next vote could decide whether XRP reclaims $3 or continues its fall toward $2.
Traders should closely monitor Capitol Hill 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.
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OpenSea is making waves by evolving from the leading NFT marketplace into a comprehensive trading hub spanning 22 blockchains. This significant shift not only opens doors for businesses and users but also brings forth critical questions surrounding security and compliance. Here, I’ll delve into the opportunities and challenges this multi-chain expansion presents for cryptocurrency payments and what it could mean for international business operations.
OpenSea’s move towards a multi-chain trading platform is a major milestone, mirroring larger trends in the crypto market. By enabling the exchange of various cryptocurrencies across 22 blockchains, it’s enhancing user interaction and engagement within the blockchain space. This expansion aims to improve access to major tokens like Ethereum and Solana, possibly resulting in increased trading volumes and liquidity.
The multi-chain approach comes with distinct advantages for cryptocurrency payments. One of the most notable is the boost in liquidity, allowing businesses to tap into a broader user base and a variety of digital assets. This could lower barriers for those seeking to integrate crypto payments. Plus, trading across multiple blockchains can smooth out transactions and enhance user experiences.
However, with these opportunities come challenges. Security risks related to cross-chain transactions are a major concern, as integrating multiple blockchains expands the potential vulnerabilities. Businesses must also tackle the technical challenges of multi-chain operations, ensuring their systems can accommodate these complexities.
Regulatory compliance is another hurdle. As OpenSea broadens its offerings, it must align with varied regulations, including the EU’s Markets in Crypto-Assets Regulation (MiCA). This is crucial for businesses looking to implement cryptocurrency payments, as failing to comply with standards can lead to legal troubles and erode user trust.
For crypto-friendly payroll platforms, the implications of OpenSea’s transition are significant. Businesses must adhere to licensing and authorization mandates, especially if they operate within the EU. This involves rigorous anti-money laundering (AML) and know-your-customer (KYC) measures to avoid legal repercussions.
The introduction of new tokens like OpenSea’s $SEA token complicates matters further. Businesses need to grasp the regulatory classification of these tokens, as it can drastically influence compliance requirements. A utility token may face lighter regulations, while a security designation would entail stricter obligations.
Community reactions to OpenSea’s transformation are mixed. There’s cautious optimism about improved trading capabilities and broader access to digital assets, yet concerns about complexity and security risks linger. Key figures in the crypto community haven’t officially commented, but discussions on platforms like Discord suggest a blend of hope and caution.
OpenSea’s multi-chain transition presents both opportunities and challenges for cryptocurrency payments. As businesses work to incorporate these systems, staying alert to security and compliance is vital. The future of crypto payments will likely depend on how well platforms like OpenSea can balance innovation with the need for robust security and regulatory adherence. This balance could lead to a more inclusive and efficient cryptocurrency ecosystem benefiting both businesses and users.
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Home – Crypto Presales – XRP, Cardano and LINK Prices Plunge — Analysts Say These Could Be the Best Cryptos to Buy This Week
Markets turned red as XRP, Cardano, and LINK prices saw another sharp dip, with daily losses ranging between 2% and 3%. While traders watch nervously, analysts suggest the pullback might present some of the best cryptos to buy this week. A fresh altcoin also enters the discussion — MAGACOIN FINANCE — attracting attention as a new rising star during this correction.
The recent sell-off has pushed XRP down by over 2% in the last 24 hours. According to CasiTrades, XRP’s move looks like a Wave 4 consolidation. That means a potential Wave 5 dip could arrive before a major reversal. The analysis suggests that a drop toward the $1.35–$1.46 region could complete the exhaustion phase and spark a new rally.
XRP price analysis by CasiTrades
Technical traders are eyeing the $6.50 to $10.00 range as the long-term target, making this an interesting setup for investors who believe in the XRP price prediction 2025 cycle.
Away from charts, XRP news added more complexity. Ripple announced a partnership with Absa Bank in South Africa, marking its first major custody deal on the continent. Meanwhile, delays around the XRP ETF filings in the U.S. created uncertainty, with regulators requiring more paperwork before approvals move forward.
For investors focused on altcoin dip buying opportunities, XRP’s mix of institutional growth and technical setups keeps it firmly on watchlists.
Cardano (ADA) has slipped close to 2% but continues to attract interest. Traders point to trendline support near $0.67, with a possible rebound targeting $0.80–$1.00 if momentum holds. Analyst CryptoLycus suggests that ADA could be entering a breakout retest phase, making ADA one of the top cryptos for short-term gains.
ADA price analysis
Looking further ahead, Cardano’s compliance with the ISO 20022 standard gives it an edge in global banking integration. Starting Q4, every cross-border transfer must comply with this messaging standard, and ADA is already aligned.
This backdrop strengthens the Cardano price prediction 2025, with many seeing it as one of the best cryptocurrencies for 2025 bull run.
The latest weakness is seen less as a failure and more as part of a broader setup that could position ADA among the best cryptocurrencies to buy now for long-term ROI.
While LINK fell over 3% in the last session, its fundamentals remain strong. Public company Caliber (NASDAQ: CWD) disclosed a $2 million LINK purchase, bringing its holdings to more than $10 million. This corporate interest signals growing confidence in LINK’s role within the crypto sector.
LINK price analysis
Chart watchers highlight a cup and handle pattern forming inside a long-term rising channel. If the structure holds, a breakout could push LINK toward the $40 region — nearly a 165% gain from present levels. This keeps traders glued to the Chainlink (LINK) price forecast as one of the top cryptos for investors to watch during price drops.
In addition, Chainlink’s launch of the first native real-time oracle on MegaETH could redefine DeFi performance, making LINK a strong candidate among the best cryptos to buy now for the next expansion cycle.
While established tokens like XRP, Cardano and LINK plunge, analysts are turning their attention to new entrants. MAGACOIN FINANCE is rapidly gaining traction with a growing investor base nearing 20,000 holders. Market chatter positions it as one of the best cryptos to buy this week after market dip, as it combines strong fundamentals with an undervalued entry point.
Analysts highlight that while major tokens face resistance, MAGACOIN FINANCE is quietly attracting volume and attention. The project is being described as a smarter long-term play compared to some of the more volatile blue chips. With increasing community strength and recognition, it is carving out space as one of the best cryptocurrencies to buy now for long-term ROI.
Markets are shaky, but dips often create altcoin dip buying opportunities. Analysts point to XRP, Cardano, and LINK as blue chips that could recover strongly in the next cycle, each supported by unique fundamentals — from Ripple’s global custody expansion to Cardano’s banking compliance and LINK’s corporate adoption.
At the same time, MAGACOIN FINANCE is standing out in analyst discussions as a rising project worth watching. With strong early adoption and growing recognition, it could be one of the best cryptocurrencies for 2025 bull run.
Q1: What is the XRP price prediction for 2025?
Analysts suggest XRP could retest lows near $1.35 before a potential rally toward $6.50–$10.00 if the next impulse wave unfolds.
Q2: Is Cardano a good investment after the latest drop?
Yes, analysts highlight ADA’s trendline support around $0.67, with targets toward $1.00, plus its advantage with ISO 20022 compliance, making it a strong long-term pick.
Q3: What is the Chainlink (LINK) price forecast?
LINK may rally toward the $40 region if its technical structure confirms, while institutional buying and new oracle launches add long-term strength.
Q4: Why are analysts talking about MAGACOIN FINANCE?
With nearly 20,000 investors and strong fundamentals, MAGACOIN FINANCE is being mentioned as one of the best cryptos to buy this week after the dip, offering a fresh opportunity beyond established names.
To learn more about MAGACOIN FINANCE, visit:
Website: https://magacoinfinance.com
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
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Bitcoin’s Coinbase Premium has taken a hit, and what does that mean for crypto payroll solutions in Asia? The decline indicates a drop in U.S. demand, but it also opens the door for stablecoins to step in as the preferred method of employee compensation. Let’s dive into how these changes are shaping the demand for crypto payroll and what it means for businesses and employees.
The Coinbase Premium Index has shown signs of weakness. This index is pretty much a reflection of U.S.-based spot buying, and its decline means there’s less demand for Bitcoin. Analyst Maartunn even pointed out that “the selling pressure from older coins could act as a short-term hurdle,” implying that Bitcoin might be in for a bumpy ride.
But here’s the kicker: Bitcoin’s price is still hanging above $110,000. There’s consistent U.S. spot demand keeping it afloat. However, this Coinbase Premium drop indicates that investors are being cautious, which could affect Bitcoin’s short-term trajectory.
The younger workforce, especially Gen Z, is all about getting paid in cryptocurrencies, mainly stablecoins. They’re more tech-savvy and open to new payment methods, which makes them a key driver in the demand for crypto payroll. You can bet companies are starting to realize this and are adapting their payroll systems to meet the needs of these workers who want flexibility and efficiency in how they get paid.
Stablecoins, which are cryptocurrencies pegged to stable assets like the dollar, are quickly becoming essential for protecting remote employees from inflation. Unlike Bitcoin, which can be a wild ride, stablecoins keep their value steady. That’s important for remote workers who need reliable income for their day-to-day expenses.
In countries struggling with inflation, like Argentina, stablecoins are a godsend. Getting paid in a dollar-pegged stablecoin lets workers keep the real value of their earnings intact, which might just disappear if paid in local currency. This creates a sense of security and loyalty, knowing their salary isn’t subject to the whims of a shaky economy.
Looking ahead, it’s clear that crypto payroll solutions are set to become more common. Companies are increasingly seeing the advantages of using stablecoins for payroll—lower transaction fees, faster payment times, and better access for unbanked workers. Integrating stablecoins into payroll isn’t a passing trend; it’s becoming a must-have for businesses wanting to attract and keep talent.
Plus, with regulatory developments in places like Hong Kong, Japan, and South Korea, crypto payroll is getting more accepted. These regions are embracing crypto in finance through favorable regulations and the launch of Bitcoin ETFs, making it easier for businesses to use crypto payroll.
So there you have it. While the decline in Bitcoin’s Coinbase Premium might suggest a changing landscape in U.S. demand and global market sentiment, it doesn’t seem like it’s slowing down the adoption of crypto payroll solutions in Asia. The reasons for crypto payroll—cost savings, regulatory support, workforce preferences, and solid infrastructure—are still strong. As companies adjust to these shifts, stablecoins are set to play a crucial role in the future of work, ensuring employees are paid fairly and securely in this digital age.
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