by | Jun 22, 2025 | Business
Ripple’s XRP faces renewed volatility amid rumors of U.S. government seizure and legal uncertainty with the SEC, while stablecoin RLUSD rapidly approaches a $500M market cap. Could Ripple’s bold stablecoin push shape XRP’s future?
The crypto market was rattled over the weekend by fresh speculation involving Ripple and its flagship digital asset, XRP. On June 22, XRP slid another 8.13%, closing at $1.9378.
The drop came as rumors circulated that the US government could seize Ripple’s escrowed XRP holdings to build national crypto reserves, a theory floated by crypto analyst John Squire.
However, legal expert and pro-crypto attorney Bill Morgan swiftly debunked the claim, stating, “No, it won’t.” Despite this, the narrative gained just enough traction to spook investors already on edge.
XRP Legal Drama Continues: The Judge Torres Factor
XRP’s downward trend isn’t just about baseless government seizure theories. The ongoing lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) remains the primary cloud over the token.
After a prior procedural rejection, Ripple and the SEC jointly filed a renewed motion on June 12, asking Judge Analisa Torres for an indicative ruling that could finally lift the ban on XRP sales to institutional investors and reduce the $125 million penalty.
Since Judge Torres rejected the initial motion quickly—within seven days—investors are now growing uneasy due to the silence following the second motion.
Why does this matter? A favorable ruling could end the multi-year lawsuit and open the door for XRP spot ETF approvals, unlocking a potentially massive price surge. Conversely, a rejection could trigger exchange delistings, ETF rejections, and further price erosion.
Ripple’s Strategic Countermove: RLUSD’s Meteoric Rise
Amid the courtroom drama, Ripple is making bold moves elsewhere. Most notably, Ripple has minted 13 million RLUSD tokens, pushing the total supply of its stablecoin close to $500 million.
According to Etherscan and data from CoinGecko, this brings RLUSD’s market cap to approximately $428.7 million, putting it in the sights of industry giants like Tether (USDT) and Circle (USDC).
RLUSD’s growth has been strategic, fast, and targeted, with recent token batches flowing into wallets linked to major liquidity pools.
Analysts believe these tokens are headed for listings on centralized exchanges (CEXs) and decentralized finance (DeFi) platforms, further boosting RLUSD’s real-world utility.
The Big Picture: RLUSD, XRP, and Ripple’s Multi-Chain Vision
Despite being a Ripple product, RLUSD is currently issued on Ethereum rather than the XRP Ledger (XRPL).
However, integration with XRPL and other blockchains is reportedly in the works, aligning with Ripple’s multi-chain strategy to expand its ecosystem’s influence.
Ripple’s partnerships are also strengthening RLUSD’s utility. A notable alliance with AlchemyPay now enables RLUSD access via major fiat payment networks like Visa, Mastercard, and Apple Pay.
Regulatory wins, including licensing in Dubai, suggest RLUSD is poised for broader global adoption.
This all feeds into speculation that RLUSD may indirectly support XRP’s valuation by anchoring Ripple’s ecosystem in regulated, liquid, and widely adopted assets.
XRP Price Outlook: A Game of Legal Dominoes
XRP currently trades under both its 50-day and 200-day Exponential Moving Averages (EMA)—a technical red flag. At the time of writing, the 14-hours RSI sits at 18.90, indicating that XRP may still have room to fall before entering “oversold” territory below RSI 20.
If Judge Torres rules in Ripple’s favor:
- XRP could break above $2.2, reclaim $2.6553, and aim for 2025’s high of $3.3999.
- Spot ETF approval could follow, potentially driving XRP to record highs above $3.5.
But if the motion is rejected or delayed:
- XRP could fall below $2.
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The next support lies at $1.9299, and a drop toward $1.5 is not off the table.
Macro Factors: Beyond the Courtroom
XRP’s trajectory is also tied to broader market variables:
- Global conflicts like Iran-Israel tensions.
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US tariffs and the impact on crypto-friendly trade policies.
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Federal Reserve decisions on inflation and interest rates.
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Political dynamics, especially if former President Trump’s pro-crypto agenda gains traction.
These variables all converge to create a highly volatile environment for XRP investors.
RLUSD: The Trojan Horse for Institutional Adoption?
Institutional interest may spike as Ripple’s stablecoin nears the $500M threshold. According to market watchers, this level is more than symbolic—it represents trust, maturity, and reliability for enterprise players.
Further bolstering confidence is RLUSD’s wallet distribution. No single wallet holds an overwhelming supply, indicating healthy decentralization and lowering risk, key considerations for banking and institutional partners, including persistent rumors of Ripple’s collaboration with Bank of America.
Ripple’s Future: Legal Resolutions, Stablecoin Expansion, and Institutional Dreams
Ripple CEO Brad Garlinghouse has made it clear: the legal battles won’t stall innovation.
The company’s ambitious plans for RLUSD, alongside XRP’s potential to process up to 14% of SWIFT’s global transactions within five years, paint a picture of a firm not merely surviving regulatory scrutiny but preparing to thrive beyond it.
Conclusion: A Tale of Two Tokens
The XRP price remains at the mercy of Judge Torres and SEC decisions. But Ripple isn’t standing still.
Through RLUSD, it’s laying the groundwork for a more robust, diversified crypto ecosystem. Whether RLUSD will lift XRP, or simply replace it as Ripple’s flagship asset, remains to be seen.
For now, all eyes remain on the courtroom, but savvy investors are starting to look beyond it.
Stay tuned for further updates on the XRP lawsuit, Ripple ETF developments, and the rise of RLUSD in the fast-moving world of crypto finance by subscribe Bitrue blog.
by | Jun 22, 2025 | Business
Addressing inefficiencies in high-volume Philippine BPO recruitment, MyGlit is an AI platform providing instant resume-to-job matching for candidates and automated screening tools for employers. Purpose-built for BPO roles, it aims to become the go-to portal for faster, more transparent hiring.
MANILA, Philippines – June 22, 2025 – The Philippines’ vital BPO sector, a major employer facing persistent recruitment challenges, is seeing a new approach to talent matching. MyGlit, an AI-powered job platform built specifically for high-volume hiring, has been operational in the Philippines since 2018, focusing on improving efficiency and transparency for both employers and job seekers.
The platform addresses common pain points: candidates often apply “blindly” with low response rates, while recruiters struggle with high application volumes and time-consuming manual screening. MyGlit tackles this by providing instant, AI-driven feedback to candidates on their resume’s fit for each role (“Select,” “Reject,” or “Consider”), helping them target applications more effectively.
For BPO companies like Teleperformance, EXL, and Foundever – already leveraging MyGlit across Metro Manila, Cebu, and regional hubs – the platform offers automated CV-to-job description matching and recruiter performance analytics. This aims to reduce initial review time and improve the accuracy of shortlisting.
“The goal isn’t AI making final decisions, but giving everyone involved – candidates and recruiters – clearer signals and faster feedback loops,” said Akhil Ahluwalia, Founder of MyGlit. “We’re building MyGlit to become the go-to platform for efficient and transparent BPO hiring in the Philippines.”
Key Solutions for the Philippine BPO Market:
Reducing Blind Applications: Shows candidates immediate fit feedback, helping them apply smarter.
Improving Recruiter Efficiency: Automates initial screening based on BPO role requirements (voice, non-voice, shift-based).
Enhancing Transparency: Provides candidates with clearer application status updates.
Built for Scale & Compliance: Designed for high-volume processing while adhering to Philippine data privacy regulations and GDPR.
Positioning for Recognition:
Unlike general job boards, MyGlit is purpose-built for the unique demands of the Philippine BPO recruitment market. Its focus on AI-driven matching, candidate transparency, and recruiter performance analytics positions it as a specialized solution targeting core inefficiencies within the region’s BPO job portal sector.
About MyGlit:
MyGlit is an AI-driven recruitment platform focused on high-volume BPO hiring. By automating initial resume evaluation and providing recruiter analytics, MyGlit supports companies and candidates primarily in the Philippines, while expanding its platform to India, Kenya, Nigeria, and Malaysia. The platform is dedicated to simplifying large-scale recruitment while enhancing the quality of job matches for both employers and job seekers. Learn more at https://www.myglit.com.
by | Jun 20, 2025 | Business
Fathers don’t always ask for much—but behind the strong front are long hours, sore muscles,
and a well of unspoken exhaustion. This Father’s Day, it’s time to turn the tables. Let’s not just
thank Dad. Let’s give him something he rarely asks for but absolutely deserves–rest.
OGAWA Philippines invites you to celebrate the heart of the home with the Meister Massage Chair—a next-generation wellness experience designed for the ultimate relaxation and recovery. It’s more than just a massage chair. It’s your dad’s new personal sanctuary.
Introducing the OGAWA Meister: For the Man Who Does It All
The OGAWA Meister Massage Chair, now officially launched in time for Father’s Day, redefines what it means to give back to Dad. Every inch of this chair was built to support the ones who support us.
From early mornings at work to late nights fixing what’s broken, the Meister is a thank-you in the form of advanced wellness technology—delivered with luxury, comfort, and care.
Next-Level Features Fit for a Hero
Powered by Overseer Technology, the Meister doesn’t just massage—it understands. Its AI Fatigue Measurement and AI Analysis & Program Recommendation systems scan and assess the body, then intelligently recommend the ideal massage for your dad’s current state.
With 25 automatic massage programs to choose from, the Meister makes sure every muscle gets the attention it deserves—whether it’s a deep tissue session after a long day or a gentle unwind before bed.
The Meister also includes:
Voice Control for hands-free convenience
Electrical Muscle Stimulation (EMS) for targeted relief
Over-The-Air Technology for seamless updates and added programs
It’s not just a chair—it’s a wellness companion that evolves with your dad’s needs.
Make His Comfort a Priority—Now More Than Ever
This Father’s Day, the OGAWA Meister is available at a special promo price of only ₱299,000.00 (down from ₱429,000.00 SRP).
And with up to 36 months installment through partner banks, giving Dad the luxury he’s long put off is now easier and more accessible than ever.
Because Dads Deserve More Than Just a Tie
This year don’t settle for a generic gift. Give Dad what he truly deserves: peace, quiet, and a chair that treats him like the king of the house.
Visit any OGAWA showroom nationwide to experience the Meister for yourself or explore the full collection at www.ogawaworld.net.ph.
Let Dad sit back, relax, and feel appreciated—not just on Father’s Day, but every day.
Operating at full capacity with over 30 stores nationwide, OGAWA branches include key locations in One Ayala Makati, Greenhills Mall, Gateway Mall 2, Shangri-La Plaza, SM Megamall, Greenbelt 5, Lucky Chinatown Mall, Robinsons Manila, Ayala Malls Vertis North, Eastwood Mall, Robinsons Magnolia, SM Fairview, SM North EDSA The Block, TriNoma, UP Town Center, Promenade Greenhills, Alabang Town Center, Evia Lifestyle Center, Ayala Malls Manila Bay, SM BF Parañaque, and Newport Mall. For those outside Metro Manila, OGAWA can also be found in SM City Bacoor, Ayala Solenad 3, SM Sta. Rosa in Laguna, SM Seaside City Cebu, SM Lanang Premier in Davao, SM Clark in Pampanga, and SM City Olongapo Central.
by | Jun 20, 2025 | Business
Investors want to open self-managed super funds, to invest in cryptocurrency, and make use of artificial intelligence, found investment platform moomoo Australia and New Zealand in its recent survey of share investors.
But a key finding was that the complexity and cost of opening a SMSF is stopping those interested in opening a fund from doing so.
SMSF complexity holds investors back
Moomoo aims to simplify the complex setup of SMSFs, which is why 24% of interested Australians say they haven’t opened a fund. At the same time, moomoo and its partners offer a transparent range of fees to reassure the 21% of people that cite costs as their reason for not opening a SMSF.
A key third reason interested Australians hold back from opening a SMSF is not knowing what to invest in (24%). So, moomoo is providing a broad range of news and content, including from SMSF experts, to help investors manage their super to deliver for the long term.
“There are clear, legitimate reasons that even those Australians familiar with share investing and interested in opening a self-managed super fund, haven’t done so. We answer these concerns head on with our trading account service, administration partner services, and sophisticated investing resources,” says moomoo Australia and New Zealand chief executive officer Michael McCarthy.
Not only can investors use moomoo to set up a SMSF trading account, but also our partners for investment guidance, and other services including fund setup, rollovers, reporting, compliance and ongoing management.
They want to make use of artificial intelligence
Most Australian share investors (67%) would use artificial intelligence in their SMSF investing, found moomoo Australia.
Specifically, survey results show a third would use AI for their SMSF investment strategy, while 37% would use it to analyse individual investments. A third would also use AI to help manage the fund, and almost 30% to meet compliance requirements. Just over a quarter of respondents would use AI tools to meet all four needs.
“Australians’ recognition of the power of AI to lessen the burden of managing a SMSF is particularly interesting given that they cite the complication of opening a SMSF as a leading reason for not doing so,” explains Mr McCarthy.
“This need comes at the right time for moomoo, with our AI assistant launching this month. Combined with the platform’s other AI-powered features, including our trend projection and market monitoring automation, we’re using the full power of artificial intelligence to really help investors make easier, smarter, more informed trades.”
An appetite for cryptocurrency
Australians interested in opening a SMSF are far more likely to trade Bitcoin than those who already own a self-managed super fund, found moomoo Australia.
Almost two thirds (60%) of those interested in SMSFs are either trading or want to trade cryptocurrencies, particularly Bitcoin (88%) and Ethereum (56%). Almost a third are interested in stablecoins and altcoins.
But for the more conservative current SMSF owners, just over half (55%) are trading crypto or would like to. And they’re far more diversified in their interest, with 40% trading or wanting to trade Bitcoin, a third focused on memecoins and a sizeable minority (27%) on stablecoins.
“There is strong investor interest in cryptocurrency. And the moomoo platform provides for them, with access to more than 26,000 securities across the Australian, US and Hong Kong markets, including a broad range of crypto-based stocks and exchange-traded funds,” says Mr McCarthy.
About the survey
Moomoo Australia surveyed 153 sharemarket investors experienced in trading and managing superannuation (independent of the moomoo platform). About one third of respondents held a self-managed super fund, with 22% interested in opening one.
Characteristics of those that own or would like to own a SMSF are quite similar. Generally, aged over 45, they work full time with a household income between $50,000 and $150,000. Those not yet running a SMSF have less share-trading experience (about one year) and are less confident in their investment knowledge (describing themselves as ‘intermediate’).
Australians that invest in shares and hold a self-managed super fund, or want to:
are either intermediate (41%) or advanced (35%) in their level of investment knowledgebelieve their retirement balance can be up to $200,000 (23%), $500,000 (32%), $1m (26%)would use AI investing tools (67%), to strategise (33%) and analyse investments (37%)believe AI is great for SMSF reporting (37%), management (37%), but isn’t secure (31%).
Those that haven’t yet set up a SMSF:
haven’t done so because they’re satisfied with their current fund (55%), see the process as too complex (23%) or don’t believe they have enough funds (23%)would want to invest in Australian stocks (76%), property (55%), crypto (39%), ETFs (30%)would not invest in crypto (36%), futures (24%), bonds (18%), non-US global stocks (18%).
by | Jun 20, 2025 | Business
Neil Gregori Garen
Ever felt like your usual weekend getaways just don’t cut it anymore? Looking for a destination that clears your head and fills your soul at the same time?
A quick flight away, Sa Pa, Vietnam might just be the shift in rhythm you didn’t realize you needed. With its mist-covered peaks, rich cultural roots, and sweeping views, this highland haven is ideal for young professionals in search of something beyond the usual.
A highlands escape that feels far from everything
In a world filled with rushed weekends and familiar destinations, Sa Pa offers something rare: a peaceful place that still feels alive. Located in the mountainous north of Vietnam, it feels like a retreat but still gives you a mix of adventure, culture, and clarity.
We visited this June, and it felt like walking through a dream. The mountain air was cool, the mist clung to the terraced hills, and the views were so wide and open you couldn’t help but pause and take them in. Located in Lào Cai Province, Sa Pa combines stunning landscapes with rich cultural roots. It’s a great option for young professionals who want more than just beaches or busy cities—and who still have the energy for long walks, uphill treks, and scenic descents.
Even getting there is part of the experience. From Hanoi, we took a sleeper bus where you can actually lie down and enjoy a built-in electric massage. Shoes aren’t allowed inside, but the driver provides plastic covers. At the two bus stops along the way, free slippers are available so you don’t have to put your shoes back on. The five-hour ride was smooth, and a shuttle was already waiting when we arrived to take us to our hotel. Everything went seamlessly. After that, exploring the town was easy—walkable streets, friendly locals, and a slower pace that lets you breathe.
Once you’re in town, something might catch your eye. The name “Sa Pa” has a space in it, and that’s actually the proper way to spell it in Vietnamese. Still, you’ll see plenty of signs that use “Sapa” as one word. It’s nothing to stress over, since both versions are commonly used and understood by everyone.
Culture at the base, heaven at the peak
The town of Sa Pa has its own quiet charm. An old French colonial church stands in the town square, framed by mountains. Around it, you’ll find restaurants and shops offering everything from local noodle soups to European-style comfort food. Many local dishes are perfect for vegans or those who enjoy a healthy balance of meat and vegetables—think hearty broths, stir-fried greens, and fragrant herbs. During our visit, we even met fellow Filipinos exploring Sa Pa. Some were trying out Vietnamese phrases like cảm ơn (thank you), while others taught locals to say salamat. To our surprise, many shopkeepers already knew the word—proof of the warm and growing connection between cultures.
Not far away is Cat Cat Village, home of the Black Hmong people. We walked past traditional wooden houses, saw handmade indigo fabric being dyed, and joined a cultural show filled with dancing and stories from the tribe’s past. Visitors are also welcome to try on traditional clothes. The whole experience feels natural and welcoming.
But the most unforgettable part of the trip was reaching the top of Fansipan, the highest mountain in Vietnam. It’s often called the Roof of Indochina.
This journey is part of Sun World Fansipan Legend, a modern mountain resort complex that still respects tradition. It starts at Hotel de la Coupole. From there, you ride the Muong Hoa funicular, which travels through hillsides and tunnels with great views along the way. At the top station, you transfer to the Fansipan cable car. It’s one of the longest and highest cable cars in the world, floating above forests and clouds. The 15-minute ride offers peaceful and amazing views that you won’t forget.
Once you reach the summit, everything feels calm and sacred. Stone steps guide you to temples, pagodas, and giant Buddha statues, all partly hidden by the mist. Prayer flags wave in the wind while clouds pass close to your face. It’s a quiet and moving place. The best time to go is from March to June or September to November. But even if the weather is foggy, it’s still a special experience.
High adrenaline, deep perspective
If you’re looking for more excitement, Sa Pa has that too. Rong May Glass Bridge, also known as Cloud Dragon, is a clear walkway suspended high above a forested valley. You can also try the zipline, glass elevator, sky bike, and a narrow suspension bridge that follows the same dizzying route as the sky bike. With the ground far below and only glass or cables beneath you, it’s the kind of thrill that makes your palms sweat before you even step forward.
After that, we found the Bản Mòng Alpine Coaster, Sa Pa’s most modern mountain slide. You control your speed as you glide past tall pine trees and sweeping hillside views. It’s fast, fun, and safe enough that we couldn’t resist going for another round.
What truly stands out is the involvement of the local community. Tourism is growing, but many residents remain at the heart of it. Some run homestays, while others lead treks through rice terraces and hill tribe markets. It’s not just a destination to check off — it’s a place where stories and everyday life are openly shared with visitors.
Discover Sa Pa, Vietnam before the crowds do
In Sa Pa, you don’t have to choose between adventure and culture. You get both, all in one place.
For young professionals tired of deadlines and digital overload, this mountain town offers something rare, a true break. It’s the kind of trip that stays with you, not because of the photos you take but because of how it makes you feel.
So go now, while your legs still love the climb and your heart’s still curious. Go before it becomes another crowded stop. Go while Sa Pa still feels like a secret — one worth keeping, but even better when shared.
About the author: Neil Gregori Garen finds poetry in plane tickets and meaning in misty mountains—writing so others can feel it, too.
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