Author: MNK News
Image: Wikimedia Your crypto portfolio’s stability just got a stress test. Tether, the company behind the $184 billion USDT stablecoin that underpins most crypto trading, finally hired a Big Four accounting firm for its first comprehensive financial audit. This isn’t another quarterly attestation—it’s the largest inaugural audit in financial history. Years of limited quarterly reviews give way to comprehensive Big Four scrutiny The unnamed firm (likely Deloitte, PwC, EY, or KPMG) faces an accounting nightmare: auditing Tether’s complex reserve mix including: Previous quarterly attestations by BDO barely scratched the surface compared to this deep dive into every asset backing your…
WASHINGTON (AP) — Most Americans believe recent U.S. military action against Iran has gone too far, and many are worried about affording gasoline, according to a new AP-NORC poll.As the war launched by the U.S. and Israel continues in its fourth week, the survey from The Associated Press-NORC Center for Public Affairs Research indicates that while President Donald Trump’s approval rating is holding steady, the conflict could be swiftly turning into a major political liability for his Republican administration. While Trump is deploying more warships and troops to the Middle East, about 59% of Americans say U.S. military action in…
Brent crude slid nearly 12% on Monday to trade around $94, but market expert Sam Daodu warns that oil prices will need to fall further — toward the $85–$80 range — before potential rallies in Bitcoin (BTC) and XRP prices can be sustainable. According to Daodu, energy prices remain the key link between the ongoing Middle East conflict and crypto market direction, and until they ease, inflation fears and interest-rate concerns will continue to cap risk assets. Bitcoin, XRP Retrace Amid Oil‑Fueled Rate Risks Bitcoin currently sits just above the psychologically important $70,000 level, while XRP is consolidating near $1.44.…
Bitcoin price started a recovery wave above $69,200. BTC is now back above $70,000 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,500 and $70,000. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish flag pattern forming with resistance at $70,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $71,200 and $71,650 levels. Bitcoin Price Faces Resistance Bitcoin price started a recovery wave above the $68,800 pivot…
South Korea’s political deadlock over virtual asset taxation has broken under the weight of market reality. Lawmakers from both major parties have agreed to delay the planned 20% Crypto Tax on gains until 2027 following data revealing $110 billion in annual capital flight. This bipartisan reversal is a strategic pivot driven by a retail exodus that has drained liquidity from domestic exchanges in favor of offshore derivatives platforms. The Financial Services Commission (FSC) confirmed that outflows accelerated in the second half of 2025, with $60 billion leaving the country in just six months. Traders are not just cashing out; they…
Each new day brings a hundred headlines on some aspect of artificial intelligence. How to make sense of this flood? Who can provide context—especially for conservatives, rightly concerned about Big Woke Tech? Fortunately, Breitbart News’ Wynton Hall has written a book on AI, addressing these and more questions, and offering the outlines of solutions. “We must future-proof ourselves,” Hall writes, “by confronting the politics and power of the AI revolution before it reshapes our world, unchallenged.” Truly, we have no choice but to grapple with AI, as it already affects 99 percent of the population. If you have a…
Ethereum price started a recovery wave above the $2,065 zone. ETH is now consolidating above $2,120 and might aim for more gains if it clears the $2,200 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading above $2,140 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,145 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 resistance. Ethereum Price Eyes Steady Gains Ethereum price managed to stay above $2,020 and…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…
Sony Honda Mobility, the automotive venture from two of Japan’s most storied companies, has swung the axe on its EV project. In a statement, it said it would “discontinue the development and launch” of the Afeela 1 and 2, its long-in-development electric cars. The company added it would review its “business direction,” and announce its future plans “at the earliest possible opportunity.” Which, if we’re honest, probably means the whole thing is going to be shut down, or scaled back so much it’s no longer worth talking about.2026 has not been a great year for Honda. On March 12, it…
Author Wynton Hall argues in his new book Code Red: The Left, the Right, China, and the Race to Control AI that the Trump administration’s “Pledge to America’s Youth: Investing in AI Education” initiative has opened a narrow window for conservative parents to shape their children’s AI-powered future. But the clock is ticking. “Against this dour backdrop, a new generation of AI-powered educational tools is making their way into the hands of educators, students, and parents,” Hall writes in CODE RED, noting that the educational landscape is “shifting seismically under the feet of parents, teachers, and students alike” and that…