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XRP Price Prediction: Ripple Forms Downtrend Channel, Next Target $2.75 – CoinDesk

XRP collapsed in one of its heaviest trading days of 2025, tumbling nearly 5% as institutions unloaded into the REX-Osprey ETF debut.
The sell-the-news dynamic erased $11 billion in market value and left the token fighting to defend critical $2.77 support.

• Inaugural U.S. XRP ETF (REX-Osprey) posted record $37.7 million first-day volume, the largest ETF launch of 2025.
• Whale wallets moved $812 million in tokens between unknown addresses during the session.
• Crypto derivatives saw $1.7 billion in liquidations, with 90% coming from long positions.
• Fed policy pivot looms: September inflation cooled to 2.18%, with markets pricing a 50 bps cut before year-end.
• Bitcoin dominance surged to 57.7% as capital rotated away from altcoins.

• XRP crashed from $2.87 to $2.77 in a 24-hour span (Sep 22 03:00–Sep 23 02:00 GMT), a 4.9% drop across a $0.14 range.
• Flash crash at 06:00 GMT saw price plunge from $2.87 to $2.77 on 656.1M volume (6x daily avg of 105M).
• Resistance hardened at $2.87 during repeated intraday rejection.
• Recovery peaked at $2.86 by 13:00 GMT before stalling.
• Afternoon consolidation held $2.83–$2.87 before sellers regained control.
• Final hour decline took price from $2.85 to $2.83 (-0.7%), leaving XRP at $2.83 close.
• Support: $2.77 critical floor from flash crash; secondary level $2.82 flagged for retest.
• Resistance: Heavy supply zone at $2.87, with lower highs forming downtrend channel.
• Volume: 656.1M in crash vs 105M avg confirms institutional dumping.
• Trend: Lower highs at $2.856 and lower lows at $2.83 establish short-term bearish channel.
• Indicators: Momentum skewed bearish, with breakdown risk toward $2.75–$2.70 if $2.82 fails.
• Can $2.77 support survive a second test after the flash crash?
• ETF flows: Will day-two demand stabilize price or confirm a sell-the-news event?
• Whale wallet behavior after $812M moved during session.
• Fed’s rate cut path and its impact on dollar liquidity.
• BTC dominance at 57.7% — rotation pressure on altcoins likely persists.

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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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Maine Lottery results: See winning numbers for Powerball, Pick 3 on Sept. 22, 2025 – USA Today

The Maine Lottery offers several games for those aiming to win big.
You can pick from national lottery games, like the Powerball and Mega Millions, or a variety of local and regional games, like the Pick 3, Pick 4 and Gimme 5.
While your odds of winning a big jackpot in the Powerball or Mega Millions are generally pretty slim (here’s how they compare to being struck by lightning or dealt a royal flush), other games offer better odds to win cash, albeit with lower prize amounts.
Here’s a look at Monday, Sept. 22, 2025 results for each game:
03-29-42-46-59, Powerball: 15, Power Play: 3
Check Powerball payouts and previous drawings here.
32-49-50-56-63, Powerball: 19
Day: 0-1-1
Evening: 5-5-1
Check Pick 3 payouts and previous drawings here.
Day: 6-6-0-1
Evening: 0-3-4-4
Check Pick 4 payouts and previous drawings here.
02-14-15-32-33, Megaball: 01
Check Megabucks Plus payouts and previous drawings here.
06-09-15-42-43, Lucky Ball: 15
Check Lucky For Life payouts and previous drawings here.
07-22-26-31-34
Check Gimme 5 payouts and previous drawings here.
02-05-34-41-44, Star Ball: 10, ASB: 04
Check Lotto America payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Winning lottery numbers are sponsored by Jackpocket, the official digital lottery courier of the USA TODAY Network.
Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets.
You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Maine, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Puerto Rico, Washington D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.
Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. GAMBLING PROBLEM? CALL 1-800-GAMBLER, Call 877-8-HOPENY/text HOPENY (467369) (NY). 18+ (19+ in NE, 21+ in AZ). Physically present where Jackpocket operates. Jackpocket is not affiliated with any State Lottery. Eligibility Restrictions apply. Void where prohibited. Terms: jackpocket.com/tos.
This results page was generated automatically using information from TinBu and a template written and reviewed by a USA Today editor. You can send feedback using this form.

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What is endo belly and how can you manage it? – Spire Healthcare

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27 October 2021
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Endo belly occurs when you have endometriosis and your tummy becomes bloated. It is also called endometriosis bloating. Medications and changes to your diet can help ease your symptoms, as well as treating the underlying condition, endometriosis. 
If your abdominal bloating occurs frequently, for longer than a few days and/or is painful, see your GP. You may have endo belly but there are also other conditions that can cause abdominal bloating. Your doctor will examine you and discuss your symptoms to help identify the cause and recommend appropriate treatment. 
If you have endo belly, the abdominal bloating can last for just a few hours, days or weeks. 
Endo belly refers to abdominal bloating linked to endometriosis and can cause discomfort, pain and swelling. 
Endometriosis is a condition where tissue similar to the lining of your womb (endometrium) starts to grow elsewhere and attaches to other organs, such as your ovaries and fallopian tubes. It is estimated to affect one in 10 women of child-bearing age.  
Endometriosis symptoms include heavy bleeding during your periods, pelvic and/or abdominal pain, infertility and gastrointestinal symptoms, such as endo belly. Endo belly is not a commonly discussed symptom of endometriosis despite it often being distressing.
The exact cause of endo belly is unclear although there are several theories. 
One theory suggests that the endometrial tissue growing outside your womb causes pain as it still bleeds during your periods but the blood has no way to exit your body and becomes trapped. 
Another theory suggests that the endometrial tissue growing outside your womb causes other nearby tissues to become inflamed. This can cause swelling, bloating, water retention and the formation of scar tissue, as well as causing tissues in your pelvis to stick together when they shouldn’t.
It has also been suggested that if you have endometriosis, your gut is more sensitive. This makes it more likely that your intestines will become overworked and increases your risk of digestive problems, such as constipation and bloating. 
If you have endometriosis, you are also more likely to develop fibroids and small intestinal bacterial overgrowth (SIBO), which can both cause bloating.
If the endometrial tissue growing outside your womb grows over or into your ovaries, blood produced by this tissue during your periods can become trapped in the form of cysts. These cysts can also cause bloating. 
The most common symptom is severe abdominal bloating, particularly just before or during your period. Abdominal bloating occurs when your tummy fills with gas and consequently swells — this can last for hours, days or weeks. This can make your tummy feel tight or hard when you touch it. 
Other symptoms include discomfort, pain and pressure in your abdomen and back. 
Endo belly causes extreme abdominal bloating, which can make you appear pregnant, even though you aren’t. If you have endometriosis and endo belly, you are also more likely to have other gastrointestinal conditions that can worsen your bloating and make your tummy swell even more. 
If you have endo belly, you are more likely to have other gastrointestinal conditions, including: 
If you have abdominal bloating that occurs frequently, lasts longer than a few days and/or is causing you pain, it is important to see your doctor to get a diagnosis.
Your doctor will perform a physical examination of your tummy and pelvis to feel for cysts or scars behind your womb. They may also recommend you have a transvaginal ultrasound or an abdominal ultrasound so they can see images of the inside of your pelvis. This can help them better identify any cysts, scars or other abnormalities, which may be causing your bloating. 
Changing your diet can help reduce endo belly symptoms, such as bloating and other gastrointestinal symptoms, which can reduce your discomfort and pain. You can try to: 
There is no specific endo belly diet, so you will need to try out different changes to your diet to find out what works best for you. 
Track what you eat daily
Keep a food diary to track what you eat and drink, including how much water you drink, alongside your endo belly symptoms and how much sleep you get. This will help you identify patterns that may suggest what makes your endo belly symptoms worse.
You can also try using smartphone apps designed to track menstrual cycle symptoms and gastrointestinal symptoms.
This information may help in getting a diagnosis and making changes to your diet that will reduce your symptoms.
Exercise and massage
Regular exercise can reduce pain caused by endo belly over time. This is because exercise improves your blood flow, which ensures your body gets all the oxygen and nutrients it needs, and reduces stress, which can worsen endo belly symptoms.
You can try gentle twisting actions to improve blood flow and movement through your tummy, and reduce bloating and pain. You can also try going for a short walk before bedtime to help food move through your digestive system and/or a gentle tummy massage to reduce bloating.
Sleep well
Your body needs sleep to repair and restore itself. Lack of sleep can cause hormonal and metabolic changes, which can increase your body’s stress responses. This can worsen pain and cause bloating. Women with endo belly are more likely to have insomnia.
Relax your pelvic floor
The pain caused by endo belly causes your pelvic floor to contract and become hypertonic ie your pelvic floor muscles become too toned. To prevent this happening, try relaxing your pelvic floor by performing specific pelvic floor relaxation exercises, lower abdominal muscle relaxation exercises, deep belly breathing and total body relaxation exercises. You can speak to your GP or a physiotherapist for more information on these exercises.
Reduce stress, find a sustainable self-care routine and stick to it
Stress can worsen the symptoms of endometriosis. Reducing your stress levels can therefore help reduce your endo belly symptoms, as well as other symptoms caused by endometriosis.
People relax in different ways, so find what works for you and stick to it. Make sure you set personal boundaries and a sustainable self-care routine.
Treating endometriosis and managing its symptoms can reduce your endo belly symptoms. 
Medications for endometriosis include: 
Surgical treatments for endometriosis include: 
There are many other conditions, in addition to endo belly, which can cause abdominal bloating. This includes: 
The types of food you eat can also cause bloating as certain foods produce more gas when they are broken down in your digestive system. This includes: 
Drinking fizzy drinks can also cause bloating.
If you experience bloating frequently that lasts more than a few days and/or causes you pain, you should see your GP. You should also see your GP if your bloating occurs alongside: 
There are many charities and non-profit organisations that provide free resources and information about endometriosis, as well as support if you have endometriosis. This includes: 
Can endometriosis cause stomach problems?
If you have endometriosis you are more likely to have gastrointestinal problems, including endo belly, as well as other digestive problems, such as constipation. 
What does it mean when your stomach gurgles and you have diarrhoea?
Stress and anxiety can cause your stomach to gurgle and cause diarrhoea. However, these symptoms can also be caused by a food allergy, stomach infection or irritable bowel syndrome (IBS). If you are concerned or your symptoms persist for more than two days, see your GP.
What can you do to relieve an endo belly?
Getting treatment for endometriosis can improve your symptoms of endo belly. However, you can also try keeping a food diary to see if certain foods trigger or worsen your bloating so you can avoid them. Regular exercise and gentle massage can also improve your symptoms. 
Does endo belly cause weight gain?
No, endo belly doesn’t cause weight gain. However, when you experience an episode of endo belly, your tummy may appear larger as it is bloated. 
Will endo belly go away after a hysterectomy?
A hysterectomy may be recommended to treat endometriosis. However, it will only cure endometriosis if all of the endometrium tissue that has grown outside of your womb is also removed. If both your womb and all of the extra endometrial tissue is removed, then you will no longer have endometriosis and as a result your endo belly symptoms will go away too. 
https://www.healthline.com/health/endo-belly
https://www.health.com/condition/endometriosis/endo-belly
https://www.endofound.org/endo-belly
https://www.stgeorges.nhs.uk/wp-content/uploads/2020/05/PHY_PFR_02.pdf

If you’re concerned about symptoms you’re experiencing or require further information on the subject, talk to a GP or see an expert consultant at your local Spire hospital.
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Endometriosis is a chronic (long-term) condition that affects one in 10 women of reproductive age in the UK.
Around one in 10 women in the UK, aged between 16 and 50, have endometriosis.
Endometriosis affects one in 10 women in the UK and can be a debilitating condition.
Around one in three women have fibroids. These non-cancerous growths only develop during the reproductive years.
A fibroid is a non-cancerous growth that occurs in or around your womb (uterus).
If you have received an abnormal cervical screening result you may be feeling anxious or have questions.
If you're experiencing pelvic pain, painful periods, and pain during and after intercourse, you might have endometrio…
Varicose veins affect up to 20% of men and up to a third of women in the UK.
Small and simple changes to your lifestyle can not only make you healthier, they can also make you happier.
Perimenopause is a natural process that occurs in women, where hormonal levels reduce in the run-up to menopause.
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Over the last five years Cahoot Care Marketing has built an experienced team of writers and editors, with broad and deep expertise on a range of care topics. They provide a responsive, efficient and comprehensive service, ensuring content is on brand and in line with relevant medical guidelines.
Their writers and editors include care sector workers, healthcare copywriting specialists and NHS trainers, who thoroughly research all topics using reputable sources including the NHS, NICE, relevant Royal Colleges and medical associations.
The Spire Content Hub project was managed by:
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Lux has a BSc(Hons) in Neuroscience from UCL, a PhD in Cellular and Molecular Biology from the UCL Institute of Ophthalmology and experience as a postdoctoral researcher in developmental biology. She has a clear and extensive understanding of the biological and medical sciences. Having worked in scientific publishing for BioMed Central and as a writer for the UK’s Medical Research Council and the National University of Singapore, she is able to clearly communicate complex concepts.
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Alfie Jones, Director — Cahoot Care Marketing
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Pi Network Price Prediction: Pi Network Stumbles Before Pi2Day—Can Bulls Regain Control? – Brave New Coin

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With Pi2Day just around the corner, anticipation is building across the Pi Network community—but instead of rallying, the Pi Coin price is stumbling, raising fresh doubts about whether bulls can regain control before the big day.
Despite rolling out a series of promising updates, the Pi Coin price has seen significant volatility, slipping over 16% in the past two days. The community remains divided—can bullish momentum return in time for the network’s annual milestone event?
The Pi Network Core Team has introduced three key upgrades in the run-up to the Pi2Day celebration on June 28. The first is the rebranding of Pi Node to Pi Desktop, now boasting version 0.5.2. This update includes long-awaited features such as full window resizing, improved Docker compatibility, and public key visibility in the troubleshooting panel.
Major Updates Ahead of Pi2Day, But Pi Coin Price Slides
Pi Network Coin was trading at around $0.55, down 10.83% in the last 24 hours at press time. Source: Brave New Coin
FireSide Pi, a community ambassador, described the enhancements as part of a broader vision. “In the future, blockchain can be shared to train AI and serve the developer community,” they stated on X, pointing to ambitions well beyond traditional crypto applications.
The upgrade appears to have been well received by developers and node operators, with over 2.6 million active desktop nodes and more than 400,000 currently running across Pi’s Testnet1, Testnet2, and mainnet Pi environments.
Alongside desktop improvements, the Pi Browser now allows full in-browser account management. Users can update account details, complete KYC verification, and access ecosystem dApps—all within a unified platform. According to Pi community member Mr. Spock, “This isn’t just an upgrade. This is Pi Network declaring its independence from centralized systems.”
Pi Browser Adds Native Account Management
A new feature has been added to the Pi Browser, improving user experience and access to key Pi Network services. Source: Jatin Gupta via X
This move eliminates the need for users to toggle between the Pi App and the Pi Browser, streamlining the Pi crypto experience and reinforcing the network’s Web3 ambitions. These integrations are expected to improve usability, especially for those preparing for eventual Pi Network trading and exchange listings.
Another highly anticipated feature is the KYC Sync update, which aims to resolve one of the Pi community’s most persistent issues: long-delayed identity verification. With millions of users stuck in limbo, the streamlined KYC process offers a path to Pi mainnet migration for many.
Despite these improvements, Pi cryptocurrency has been unable to shake off short-term market pressure. As of June 27, the Pi Coin value sits around $0.54, down from a recent high of $0.65. This drop came after profit-taking and broader crypto market shifts, including the Chainlink-Mastercard partnership, diverted investor attention.
Technically, the Pi Network Coin price had recently broken out from a falling wedge pattern, ending nearly two months of sideways consolidation. However, resistance at $0.65 triggered a sharp reversal, with current support seen at $0.52. A break below this level could signal deeper weakness, potentially delaying hopes of a full-scale rally.
Pi Network Price Chart and Technical Outlook
Pi Network price must exceed the $0.57-$0.61 resistance zone to regain the bullish momentum. Source: CRYPTOMOJO_TA on TradingView
Daily trading volume has also plunged by nearly 50%, highlighting a cautious tone among investors ahead of the Pi2Day event. While bullish patterns remain intact on the broader Pi coin price chart, sentiment hinges on whether these support levels can hold amid current market turbulence.
The Pi Network’s steady rollout of real-world functionalities paints a picture of a maturing ecosystem. Between Pi mining infrastructure growth, browser-based decentralization, and renewed focus on identity verification, the Pi Core Team is clearly positioning the project for long-term utility.
Will Pi Coin Rebound on Pi2Day?
With Pi2Day just a day away, excitement builds as KYC Sync rolls out, mainnet migration accelerates, and exchange speculation intensifies. Source: Tom Tucker via X
Whether this translates into a near-term rally for Pi Coin price prediction is uncertain. But with Pi2Day offering a focal point for announcements and renewed community engagement, market watchers believe a sharp shift in sentiment remains possible—if bulls can defend critical price levels.
As the countdown to June 28 continues, both the Pi currency value and broader Pi crypto market are holding their breath. The next few days may determine whether Pi cryptocurrency value enters a new growth phase or returns to extended consolidation.
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Trump Gives Unproven Medical Advice and Links Autism to Tylenol: Live Updates – The New York Times

  1. Trump Gives Unproven Medical Advice and Links Autism to Tylenol: Live Updates  The New York Times
  2. Trump links autism to acetaminophen use during pregnancy, despite decades of evidence it’s safe  CNN
  3. In Targeting a Common Painkiller, Trump Oversteps His Own Advisers’ Guidance on Autism  The Wall Street Journal
  4. The flimsy evidence behind Trump’s big autism announcement, explained  vox.com
  5. Trump makes unfounded claims about Tylenol and repeats discredited link between vaccines and autism  AP News

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What Exactly is Non-Dilutive Financing in Cryptocurrency? – OneSafe

Non-dilutive financing allows companies to secure funding without giving up equity. In the realm of cryptocurrency, this often means utilizing assets like Bitcoin as collateral for loans. This model is becoming increasingly popular, allowing businesses to access capital while maintaining complete control over their operations and future profits.
Take, for instance, the recent $100 million Bitcoin-backed credit facility offered to CleanSpark by Coinbase Prime. This instance illustrates how non-dilutive financing can enable crypto startups to scale without the apprehension of diluting ownership. Such a strategic maneuver proves crucial, especially in a volatile market where asset control is essential for sustainability.
Bitcoin-backed borrowing functions by enabling businesses to put their Bitcoin possessions up as collateral for loans. CleanSpark’s $100 million credit facility allows the firm to finance its mining expansion while retaining its Bitcoin holdings. This method of financing is attractive as it provides rapid access to capital, which startups desperately need to capitalize on market prospects.
The mechanics typically involve a lender evaluating the collateral’s Bitcoin value and deciding the loan amount based on that valuation. To mitigate liquidation risks, borrowers must uphold a certain collateralization ratio, especially in circumstances where Bitcoin’s value may plunge. This arrangement allows firms to leverage their crypto assets without liquidating them, thus preventing taxable occurrences and preserving investment potential.
Bitcoin-backed loans undoubtedly come with advantages; however, they also bear substantial risks:
Market Volatility: The inherent price fluctuations in the cryptocurrency market are notorious. A rapid decline in Bitcoin’s value can lead to margin calls or forced liquidations. This volatility can inflict significant monetary losses if mismanaged.
Regulatory Uncertainty: The evolving regulatory landscape introduces compliance risks for firms relying on crypto-backed loans. Non-compliance with AML and KYC regulations can result in legal issues and operational setbacks.
Market Perils: The largely unregulated crypto arena heightens the risk of fraud and defaults. Hence, firms must be discerning when evaluating creditworthiness in this terrain.
Operational Vulnerabilities: Cybersecurity threats and lack of transparency in DeFi platforms can amplify risks. Lax security practices can lead to theft or scams, complicating the financial situation for crypto startups.
Liquidity Complications: Sudden market downturns can restrict liquidity, disrupting trading and causing distress in crypto markets. This could spill into broader financial systems, impacting businesses relying on Bitcoin-backed loans.
Despite these risks, Bitcoin-backed loans can offer notable benefits for crypto startups:
Capital Access Without Asset Liquidation: Startups can tap into funds without selling their Bitcoin, maintaining long-term asset exposure. This can be advantageous in a market where Bitcoin’s value could rise over time.
Speed and Flexibility: Bitcoin-backed loans often permit more rapid access to capital than traditional funding methods. This flexibility allows startups to respond to market dynamics and manage cash flow effectively.
No Taxable Events: Loans do not necessitate Bitcoin sales, enabling startups to avert capital gains taxes and preserve funds for reinvestment.
Support for Innovation Ecosystems: In regions with crypto-friendly regulations, Bitcoin-backed loans are driving a new wave of blockchain and crypto startups. This financing alternative can facilitate business growth without the restrictive conditions common in VC or bank loans.
Institutional Engagement: As banks and financial institutions begin to enter the Bitcoin-backed lending field, startups can gain enhanced legitimacy and access to new revenue avenues.
To mitigate Bitcoin-backed loan risks, companies can explore various alternative funding strategies:
Revenue-Based Financing (RBF): Firms can repay investors a percentage of their monthly revenue, avoiding equity dilution and providing flexible repayment terms. However, it requires revenue transparency and is mainly limited to profitable firms.
Decentralized Finance (DeFi) Business Loans: Blockchain-based lending platforms offer global accessibility and fast approval without conventional credit checks. Risks include crypto volatility and regulatory uncertainty.
Traditional Personal Loans and Credit Cards: Though pricier, these methods can offer unsecured funding with extended repayment periods.
Selling Crypto Assets: Companies can raise funds by liquidating crypto holdings, though this may result in tax implications.
Bitcoin Treasury Companies Model: Public companies can amass capital through preferred stock or convertible bonds to add to their Bitcoin reserves without collateralizing coins. This approach allows for flexible funding while avoiding forced liquidation.
The outlook for Bitcoin-backed financing appears bright, especially with burgeoning institutional adoption and market maturation. While Bitcoin’s volatility remains a concern, the trend of lower volatility may stabilize Bitcoin-backed credit facilities.
This development could draw more institutional investors, enhancing Bitcoin’s collateral legitimacy. Nonetheless, vigilance regarding risks remains paramount. Efficient risk management and regulatory adherence will be critical in maneuvering the intricacies of crypto. As the landscape evolves, Bitcoin-backed loans could significantly influence the financing realm for crypto startups, thereby nurturing innovation and development.
In summary, Bitcoin-backed loans usher both opportunities and hurdles for crypto startups. By comprehending the risks and examining alternative financing avenues, companies can leverage these loans for growth while adeptly navigating the volatile crypto market.

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XRP News Today: Market Awaits SEC Spot ETF Decision to Spark XRP Rebound – FXEmpire

XRP faced a brutal start to the week, plunging to a session low of $2.6935, its lowest level since July 12.
Notable tailwinds have failed to snap the current downtrend, extending into a five-day losing streak. Notably, XRP has been on the retreat since the Fed cut interest rates on Wednesday, September 17. While the FOMC Economic Projections signaled two further rate cuts in October and December, sticky inflation challenges the Fed’s dovish rate path.
A stronger US dollar has complicated the picture for XRP and the broader crypto market. 10-year US Treasury yields climbed for the fourth consecutive session, supporting the US Dollar Index’s rebound from a September 17 low of 95.804. The DXY closed at 97.335 on Monday, September 22.
While currently up 2.73% for the month, XRP’s five-day losing streak risks consecutive monthly losses. The token dropped 8.14% in August despite the SEC and Ripple withdrawing their appeals and the resolution of the SEC vs. Ripple case.
Monday’s losses came despite tailwinds circulating ahead. October could potentially be a historic moment for XRP, with spot ETF final deadline decisions looming.
21Shares, Bitwise, Canary Capital, CoinShares, Franklin Templeton, Grayscale, and WisdomTree have XRP-spot ETFs pending an SEC decision. Except Franklin Templeton, the ETF issuers have final decision deadlines ranging from October 18 to October 25. The SEC could potentially approve all seven spot ETFs on October 18 to avoid giving some issuers a first-to-market advantage.
The launch of an XRP-spot ETF market could coincide with a surge in retail demand for alternative assets. On Monday, September 22, Republican party members of the US House Committee on Financial Services, chaired by Rep. French Hill, sent a letter to SEC Chair Paul Atkins.
Nine Republican lawmakers signed a letter addressed to Chair Atkins, expressing their support for President Trump’s August 7 Executive Order, ‘Democratizing Access to Alternative Assets for 401(K) Investors.’ The letter stated:
“We encourage the SEC to provide swift assistance to the Secretary of Labor and to make any necessary revisions to its current regulations and guidance. We also request the SEC review bipartisan legislation being advanced in the 119th Congress concerning accredited investors.”
The lawmakers underscored the potential impact of crypto investments qualifying for 401(K)s, stating:
“We are hopeful that such actions will help the 90 million Americans that are currently restricted from investing in alternative assets to secure a dignified, comfortable retirement.”
Unlocking crypto to 401(k)s, further Fed rate cuts, and the approval of XRP-spot ETFs could create a perfect storm for the token.
Nate Geraci, President at NovaDius Wealth Management, commented:
“A record $7.7 tril currently parked in money market funds… Average yield = 4.1%. If rates continue to decline, does that $$$ look to find a home elsewhere? If so, where does it go?”
XRP slid 4.06% on Monday, September 22, following Sunday’s 0.09% loss, closing at $2.854. Tracking the broader market trend (-3.13%), the five-day losing streak left XRP well below the key $3 level. Traders are watching the following technical levels:
In the near term, several key price catalysts could drive price action:
The balance of inflows, regulatory developments, and institutional appetite will determine whether XRP tests lower supports or breaks higher resistance.
Bearish Scenario
These bearish events could push XRP below $2.8, exposing $2.5, the next key support level.
Bullish Scenario
These catalysts could drive XRP toward $3. A break above $3 may pave the way toward $3.2. A sustained move above $3.2 could open the door to testing $3.335.
The Market Structure Bill and XRP-spot ETF approvals could trigger a recovery, potentially sending the token to fresh highs. However, ongoing delays to spot ETF approvals and regulatory roadblocks may drag prices toward key support levels.
Analysts will closely monitor how regulatory and economic risks affect XRP’s trajectory in the coming weeks.
With over 28 years of experience in the financial industry, Bob has worked with various global rating agencies and multinational banks. Currently he is covering currencies, commodities, alternative asset classes and global equities, focusing mostly on European and Asian markets.
NASDAQ Index, SP500, Dow Jones Forecasts – NASDAQ Tests Historic Highs As Apple Gains 4%
Silver (XAGUSD) Price Forecast: Breakout Builds Strength as Bulls Eye $45+ Targets
Oil and Natural Gas Technical Analysis: Crude Falls on Supply Surge, Gas Eyes Bullish Rebound
U.S. Dollar Retreats Amid Profit-Taking: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY
US Dollar Forecast: DXY Tests Bearish Reversal Setup as Traders Eye PCE Data

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