XRP\’s ascent into institutional finance is accelerating as Ripple\’s top executives unite behind its expanding role in global markets, highlighting new investment flows, regulatory clarity, and a bold vision for XRP\’s utility in DeFi and capital markets 🤝
The acquisition of 338,154 shares, a figure both precise and profound, marks a new chapter in Paradice’s portfolio. It is a venture into the realm of industrial flow management, where the machinery of progress hums with the rhythm of pumps, valves, and seals. Flowserve, a company whose operations span the globe, offers not just products but the very lifeblood of industries-oil, gas, chemicals, and power. Yet, in the grand scheme of things, this act of investment is but a single note in the symphony of global finance, a note that, when played in concert with others, may shape the future.
Apparently. The folks doing the charts are making concerned noises about something called a ‘death cross’ in the MACD (don’t ask me, I still struggle with a regular crosswalk frankly). And the Aroon Down is practically reaching for the ceiling at 93%. Which, as far as I can gather, means it’s not a good time to be an Aster supporter. We’re talking potential slides to $0.7 or even a horrifying $0.5. Good grief.
Behold, the mighty whale, that ancient leviathan of the market, has taken to the exchanges like a man fleeing a fire, spewing forth torrents of XRP into Binance’s gaping maw. 🐳🌊
Let’s consult our handy-dandy time machine (patent pending) and travel back to October 7, 2025 – a day that will live in financial infamy. Northside waved their wand over EOG during Q3 2025, conducting a sale that would make a used car salesman blush. The market price? A mere $110.45 per share – cheaper than a Houston diner’s steak special!
Pray, allow me to impart the wisdom of Ripple’s Chief Technology Officer, Mr. David Schwartz, who has taken it upon himself to warn the unsuspecting public of a most pernicious surge in crypto scams. On the 21st of October, he issued a most urgent decree via the social media platform X, declaring that phishing emails, masquerading as hardware wallet providers, are abound. These scoundrels urge users to perform spurious “security upgrades” or “verification processes,” all designed to abscond with their funds. 😱
Russia is almost completely de-dollarizing its trade settlements with China and India, and 90-95 percent of operations in these countries are being carried out in national currencies, because who needs a monopoly magician when everyone’s got their own shiny coin tricks? 🤏
The fund’s decision to divest its entire holding in Palomar Holdings during Q3 2025 speaks to the cold arithmetic of portfolio management. With shares trading at $115.34-a 9.2% gain year-to-date but trailing the S&P 500 by 5.5 percentage points-the move reads less as a verdict on the company’s future and more as a rebalancing of risk. Yet for the workers who service Palomar’s earthquake and hurricane policies, such shifts often arrive like thunder in a field of wheat: sudden, loud, and indifferent to their labor.
On October 20, 2025, the SEC’s Form 13-F received a confession: Prentiss Smith had courted Progressive’s equity during its brief sulk. The filing-a parchment of intention-revealed a transaction of particular arithmetic elegance. One might imagine the fund’s quants as Borgesian archivists, cataloging securities in a library of endless decimal expansions.
According to an SEC filing dated Oct. 21, 2025, Mattern Capital exited its entire holding in Union Pacific Corp. (UNP +0.00%), selling all 39,549 shares. The estimated trade size was $9.1 million. The stake previously represented 1.1% of the fund’s assets under management as of the prior filing period ended Sept. 30, 2025. It’s worth noting that Union Pacific’s 2.4% dividend yield, while respectable, may have seemed less appealing next to the gravitational pull of Microsoft’s cash reserves or Apple’s increasingly surreal stock price. (One wonders what kind of dividend checks would arrive from a company that sells “intermodal freight” and calls it a day.)