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Examining deadly Rio clashes between police and notorious gang – BBC

The team are looking into video showing plumes of smoke rising over Rio De Janeiro, after at least 64 people were killed in fighting between a major Brazilian gang and police
Officials say the Red Command attacked officers with guns and drone-dropped bombs, we've profiled the notorious gang and are speaking to experts about their tactics
Plus we're continuing to examine footage of the aftermath of Hurricane Melissa on Jamaica, which has devastated the island
BBC Verify uses open-source intelligence, satellite imagery, fact-checking and data analysis to help report complex stories
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Edited by Adam Durbin
Kayleen Devlin
BBC Verify senior journalist

We’re looking into the violence that erupted yesterday in Rio de Janeiro, in which at least 64 people have been reportedly killed following a massive police anti-gang raid targeting the Comando Vermelho (Red Command) group – one of Brazil's biggest crime and drug gangs.
Violent scenes are reported to have broken out in the north of the city – and the region’s governor has said four of the dead are police officers. In one video posted by the Rio government, there’s a video of a drone which they claimed was used by criminals to attack police officers, external in the Penha area of the city.
A reverse image search of the clip shows it was only posted online yesterday, but there are not enough details in the video that would allow us to identify its precise location.
Comando Vermelho is one of Brazil’s oldest criminal groups. They moved into the cocaine trade in the 1980s and while they originated in Rio, they have since grown into a major transnational drug trafficking organisation.
Earlier this year, I spoke to an indigenous leader from Peru who told me that the group were known to operate in the Ucayali region of the Peruvian Amazon as well.
Just last week, a report was released by Amazon Underworld claiming that the group had successfully entered areas of coca production on multiple parts of the Peruvian Amazon, as well as also operating in large swathes of the Brazilian Amazon too.
Adam Durbin
BBC Verify Live editor

Good morning from BBC Verify Live.
We’re looking into videos showing smoke plumes over Rio de Janeiro, after at least 64 people were killed in clashes between Brazilian police and a notorious drug gang yesterday according to the region’s governor. More than 2,500 officers were involved in a massive police operation against the Red Command, who officials say responded with gunfire and drone-dropped munitions. We’ll be bringing you a profile of the major crime group shortly – and we’re speaking to experts about the drone claims.
Our team are also continuing to verify social media footage showing the aftermath of Hurricane Melissa damage in Jamaica, after the storm ravaged the island. The Caribbean island’s prime minister has declared a “disaster area” and warned of “devastating impacts”, footage of which is continuing to emerge on social media. The hurricane has now moved onto Cuba and will head north-east towards the Bahamas and Bermuda.
Plus, our fact-checkers are examining the UK government ministers claims this morning about deportations and migrant removals – and later tuning in to Prime Minister’s Questions in the House of Commons.
Copyright © 2025 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.

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Analyst Predicts End of Correction and Altcoin Rally – ForkLog

The current correction in the cryptocurrency market will be short-lived, according to the analyst known as Crypto Dan. He asserts that significant growth in altcoins typically occurs during periods of extreme market overheating—at the end of a bull phase.
The Correction Won’t Last Long
“The current crypto market appears to be in a relatively small correction phase, and a strong surge in altcoins is likely to occur alongside intense overheating at the end of the cycle.” – By @DanCoinInvestor pic.twitter.com/0Asr6rLcWd
— CryptoQuant.com (@cryptoquant_com) October 28, 2025

The expert noted that capital inflow and trading activity help identify the concluding phase of the cycle. For instance, the massive liquidity in the market in the first quarter of 2021 signaled its imminent end.
According to Crypto Dan’s observations, in March 2024, the capital inflow was weaker than in 2021. The current level of market overheating is also lower than in previous instances. 
The cryptocurrency market is experiencing a moderate correction. A noticeable rise in altcoins may coincide with intense overheating at the end of the cycle, the expert concluded.
Data from Glassnode shows that the distribution of Bitcoin purchase costs by investors has formed support around $111,000 and significant supply around $117,000.

This range defines the standoff between recent buyers and traders taking profits. A breakout in one direction could set the course for the next major price movement.
Funding rates on Binance have turned positive again, which may indicate the start of a new upward trend for Bitcoin. This was highlighted by CryptoQuant analyst Burak Kesmeci.

Analysis of data over the past six months has revealed two clear patterns:
“Funding rates on Binance act as a leading indicator of short-term trend reversals,” concluded Kesmeci.
The analyst noted that since October 22, 2025, the metric has remained in positive territory. In his view, this indicates renewed support for Bitcoin’s growth in both spot and derivatives markets. This could suggest the formation of a foundation for the asset’s next rally.
Analysts at Swissblock have recorded an increase in the accumulation of digital gold among large holders. In September-October, there was an outflow of coins from centralized exchanges to their wallets.
Whales are reloading.
Accumulation has increased during September–October, with BTC flowing from exchanges into whale wallets.
They’re accumulating into strength, positioning strategically ahead of the next potential leg higher.https://t.co/Xv9NhjexTT pic.twitter.com/Khl58n4t1M
— Swissblock (@swissblock__) October 28, 2025

Experts believe that large players are strategically positioning themselves in anticipation of the next growth phase.
Short-term holders (STH) have also joined the accumulation, increasing their investments in the leading cryptocurrency. Meanwhile, long-term investors (LTH) continue to distribute assets by selling coins.
Swissblock described the situation as a rotation of capital. Funds are flowing from LTH to whales and short-term holders.
CryptoQuant experts added that the Bitcoin price has exceeded the realized price of “new whales” at $112,788.

This group of investors, holding about 1.14 million BTC, no longer bears unrealized losses. Analysts consider this an important psychological shift for the market.
Back in October, Swissblock specialists stated that digital gold needs to maintain the support level of $114,000 to continue the rally to new highs.
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Pi Coin Rally To Continue? All Buyers Are Watching This Level – BeInCrypto

Written by
Ananda Banerjee
Edited by
Ann Maria Shibu
After months of drift, Pi Coin is finally showing life again. The Pi Coin price jumped nearly 32% this week, making it one of the token’s best performances in months. Traders are seeing this Pi Coin rally as the start of something bigger. Yet, some Pi chart metrics show that the rally might be fragile unless the price clears one key level.
The signs beneath the surface, though, hint at a deeper story of one where confidence may be quietly rebuilding, and the next breakout could decide PI’s direction for the next few weeks.
Momentum behind Pi Coin isn’t just random speculation; it’s coming from all sides of the market.
The Smart Money Index (SMI), which tracks activity from historically profitable or institutional wallets, has climbed sharply since October 25. The index recently moved above its signal line for the first time in weeks, a sign that larger investors are returning after sitting out much of the recent downtrend.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Whale movement is starting to mirror that optimism. The Chaikin Money Flow (CMF), which measures large money inflows, just flipped above zero for the first time since mid-September.
The last time this happened, Pi Coin saw a short burst of upside before cooling off. A positive CMF now suggests that whales are once again allocating capital into the token, not exiting.
Retail traders seem to be following their lead into this ongoing Pi Coin rally.
The Money Flow Index (MFI), which combines both price and trading volume to gauge buying pressure, has made higher highs since October 12, showing consistent accumulation. When all three signals — smart money, whales, and retail — line up like this, it often hints at a coordinated phase of quiet confidence before a strong price move.
That confidence, though, will soon face its biggest test.
On the daily chart, Pi Coin price remains inside a falling wedge, a pattern that often signals an eventual bullish reversal. The price briefly tested the wedge’s upper boundary at $0.29 on October 27, only to be rejected by sellers. But buyers have since regained footing, keeping the Pi Coin rally structure alive.
If Pi Coin breaks and closes above $0.29, it would confirm a breakout and open the door toward $0.32, followed by $0.37. The first immediate barrier to an extended PI rally, however, is $0.28 — a level identified in earlier forecasts as the first meaningful resistance.
A strong move past this zone could shift sentiment decisively in favor of bulls.
However, risk still lingers. Between August 9 and October 29, Pi’s price made lower highs while the Relative Strength Index (RSI), a momentum tool that measures buying versus selling strength, made higher highs. This mismatch is called a hidden bearish divergence, and it usually means the existing downtrend may still have strength left.
Pi Coin is still down 36.8% over the past three months, keeping the broader trend bearish for now. If price falls below $0.20, it would invalidate the bullish setup entirely, potentially dragging it toward $0.18 or $0.15.
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Pi Coin News: Pi Network Joins ISO 20022 Group with Ripple and Stellar – TradingView

Pi Network has reportedly joined the ISO 20022 standard group, standing alongside industry leaders such as Ripple XRPUSDT and Stellar XLMUSDT. This move connects Pi to the global financial messaging system used by banks to exchange transaction data. The ISO 20022 framework improves accuracy, speeds up transaction reconciliation, and strengthens regulatory compliance.
A Step Toward Real-World Integration
Joining ISO 20022 brings Pi Network closer to the traditional banking system. It allows smoother and faster transactions and helps the network gain more acceptance among everyday users and institutions.
Dr Altcoin said, “Aligning with ISO 20022 improves integration with traditional banking networks. This can lead to greater adoption, smoother transactions, and increased trust in digital assets.” 
With nearly 50 million users and a mobile-first design, Pi already has one of the largest communities in crypto. Ripple and Stellar have years of experience and existing ties with financial firms, but Pi is still building those relationships as it moves toward wider recognition.
What It Means for Pi’s Price
The Pi team has been active this year, adding new features and growing its ecosystem. Despite that, Pi’s price has had a hard time finding steady ground. The token is currently trading around $0.2661, up 16% in the last day.
The link to ISO 20022 could help the project’s image and attract more trust, especially after some critics dismissed it early on. Clearer direction, stronger partnerships, and visible progress may help Pi hold its value more consistently over time.
Plans for Full Integration
Pi Network aims to fully align with ISO 20022 by November 22, 2025, making its transactions faster, cheaper, and easier to connect with global payment systems. The rollout will happen in three stages:
Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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XRP Price Prediction: Murrey Math Analysis Ahead of Fed Decision – BanklessTimes

Since launching 12 years ago, Bankless Times has brought unbiased news and leading comparison in the crypto & financial markets. Our articles and guides are based on high quality, fact checked research with our readers best interests at heart, and we seek to apply our vigorous journalistic standards to all of our efforts.
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The XRP price pared back some of the recent gains after finding substantial resistance at the 50-day moving average. Ripple retreated to $2.5810, down from this week’s high of $2.6954. It has dropped by 30% from its highest point this year. 
The Ripple price token will react to the upcoming Federal Reserve interest rate decision in which officials will deliberate on whether to cut interest rates or not.
Polymarket traders and economists believe that the bank will decide to cut interest rates by 0.25% in the meeting, bringing the benchmark rate to between 3.75% and 4%.
These Fed cut expectations have jumped after the recent economic numbers, including the deteriorating labor market and the fact that the US inflation is not rising as investors were expecting. 
A report by ADP showed that the economy lost over 36,000 jobs in September, and just this week, companies like Amazon and UPS have announced over 28,000 layoffs as they take advantage of artificial intelligence.
READ MORE: Bitcoin’s JEPI ETF Yields 63%: Is BTCC a Good Fund to Buy?
A Federal Reserve interest rate cut is bullish for the XRP price and the general crypto market because investors tend to embrace risky assets when the bank is cutting. This is one key reason why the coin has rebounded from its lowest level this month.
Ripple price has more potential catalysts, including the fact that the Securities and Exchange Commission allowed the trading of top crypto ETFs like Hedera, Litecoin and Solana. This means that it is just a matter of time before the agency approves numerous XRP ETFs.
Data shows that there is robust demand for the XRP ETFs as the recently launched XRPR ETF has accumulated over $117 million in assets in a month’s time. The XXRP ETF has also added over $400 million in assets.
The Federal Reserve interest rate cut and the XRPR ETF inflows are bullish for the Ripple price. However, there is a possibility that investors will sell the news after these news events.
Murrey Math Lines is a tool developed by Alex Wilder that helps traders to identify key support and resistance levels. It does that by identifying 13 key levels based on the Gann theory.
In this case, the XRP price has dropped to the strong pivot reverse point of the Murrey Math Lines. Also, the coin found substantial rejection at the 50-day Exponential Moving Average and remains below the supertrend indicator.
XRP also formed an evening star candlestick pattern, which is a common bearish reversal sign. Therefore, the most likely scenario is where it continues falling, potentially to the ultimate support level at $2.3438. 
On the flip side, a move above the upper side of the evening star candle will point to more gains, potentially to the ultimate resistance at $3.125.
READ MORE: MSTR Stock Double-Top Points to a Crash After Strategy’s Junk Rating
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Since launching in 2012, Bankless Times is dedicated to bringing you the latest news and informational content within the alternative finance industry. Our news coverage spans the whole crypto-sphere so you’ll always stay up to date — be it on cryptocurrencies, NFTs, ICOs, Fintech, or Blockchain.

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Pi Network Surges 13% Today — How Much Higher Can Pi Coin Climb? – Pintu

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Jakarta, Pintu News – Pi Network (PI) experienced a sharp price surge of 32% in 24 hours on Monday, sparking hopes of a sustained rally. However, the optimism was short-lived, as investors seemed to take advantage of the brief spike to offload (sell) their assets.
As of October 28, the altcoin’s momentum is starting to take a hit, and a number of technical indicators point to further downside potential if the sell-off continues. Then, how is Pi Network’s current price movement?
On October 29, 2025, the price of Pi Network was recorded at $0.2649, an increase of 13.3% in 24 hours. If converted to the current rupiah ($1 = IDR 16,629), then 1 Pi Network is IDR 4,405.
Read also: Zcash (ZEC) Whales Sell Assets on 9th Anniversary
The price of PI has moved within a range of $0.2276 to $0.2694 in the last 24 hours. The price chart shows a consistent uptrend, despite some minor corrections.
This increase comes amidst a surge in trading volume of over $109 million, indicating high market interest in the asset. Pi Network’s market capitalization now stands at $2.18 billion, with a fully diluted valuation (FDV) of $3.36 billion.
The Chaikin Money Flow (CMF) indicator is showing warning signals for Pi Coin. In the last 24 hours (10/28), the CMF experienced a drastic decline and reached its lowest level in almost two months.
This sharp decline reflected massive capital outflows, indicating that many traders opted to take profits quickly rather than hold their positions for further upside potential.
Significant CMF drops like this are often an indication of increasing bearish sentiment. Pi Coin holders seem to have started abandoning their positions when the price briefly rose 32% in a day, triggering a large outflow of funds. This sudden change in sentiment could limit the potential for a short-term recovery, especially if investor confidence continues to decline.
However, on the other hand, the Relative Strength Index (RSI) indicator showed a different signal. Within 24 hours (28/10), the RSI jumped sharply – from the bearish area below 50.0 to the positive zone. This spike usually indicates renewed bullish momentum and a potential continuation of the upside in the short term.
However, ongoing fund outflows could hamper this rally. If selling pressure continues, this could potentially offset the positive technical signals, and keep Pi Coin prices moving in a range-bound manner.
Read also: x402 Update Triggers Optimism, Cardano Price Ready to Soar 80%?
As of October 28, the Pi Coin (PI) price was sitting at $0.229, just above the crucial support level at the same figure. This area could potentially be a bounce point if buyers re-enter the market with conviction.
If Pi Coin is able to hold and bounce off the $0.229 level, then the price has the opportunity to rise towards $0.256, or even higher. This movement would indicate recovering market strength as well as a potential partial recovery from previous selling pressure.
But conversely, if the $0.229 support level fails to hold, then the price could drop to around $0.209, possibly even repeating the test of support at $0.198. This scenario would invalidate the bullish view and confirm the continuation of the short-term bearish trend for Pi Coin.
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