Author: MNK News

Crypto and banking industry representatives are set to review a revised stablecoin yield proposal crafted by Senators Thom Tillis and Angela Alsobrooks this week, as lawmakers attempt to break a months-long lobbying standoff over how — or whether — stablecoin issuers should be allowed to offer yield. According to reporting from Politico, a small group of crypto firms and Wall Street institutions will privately review the updated legislative text over the next two days, with crypto companies expected to see the language as early as Thursday and banks on Friday.  The process remains tightly controlled, with stakeholders permitted to view…

While Ethereum (ETH) and XRP Exchange-Traded Funds (ETFs) ended March in negative territory, Bitcoin (BTC) funds recorded their best monthly performance of the year despite weak market sentiment and geopolitical tensions. Related Reading Bitcoin ETFs End Negative Spell Bitcoin ended the first quarter of 2026 by breaking out of a five-month negative streak, closing with a positive performance for the first time since September 2025. The flagship crypto has been in a downtrend over the past six months, retracing over 50% from its October all-time high of $126,000. As its price closes the month in green, US spot BTC-based ETFs…

Russia has moved to shut down crypto mining operations across 13 regions, targeting an estimated 50,000 miners in what amounts to the most sweeping enforcement action since the country legalized the activity in August 2024. The bans, extending through 2031 during peak autumn-winter seasons, signal that Moscow’s tolerance for grid-straining mining has hit a structural limit, not just a seasonal one. The immediate pressure is energy: affected Siberian regions are reporting shortfalls of nearly 3,000 MW on the Unified Energy System grid, driven largely by miners exploiting cheap, heavily subsidized local electricity. That’s not a rounding error – it’s a…

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…

Cryptocurrency is currently in a bear market, and most coins have fallen sharply from recent highs. Dogecoin (DOGE 2.39%) and Shiba Inu (SHIB 2.98%), arguably the most famous meme coins, have had a particularly rough time. Dogecoin is down by 62% over the last six months, and Shiba Inu is down by 52% (as of March 29). This may look like a buy-the-dip opportunity on two cryptocurrencies that still have some name value. Unfortunately, that’s about all they have to offer. Image source: Getty Images. Dogecoin and Shiba Inu aren’t carbon copies, but their stories over the last five years…

Ethereum price started a steady recovery wave above $2,050. ETH is now struggling to clear $2,150 and might trim some gains in the near term. Ethereum started a decent upward move above the $2,020 zone. The price is trading above $2,050 and the 100-hourly Simple Moving Average. There was a break below a short-term contracting triangle with support at $2,135 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 resistance. Ethereum Price Faces Rejection Ethereum price extended its recovery wave above $2,020, beating Bitcoin. ETH price…

Solana is entering a critical phase as price action tightens within a narrowing range, signaling that a major move may be close. With volatility compressing and key levels clearly defined, the market appears primed for a decisive breakout or breakdown in the sessions ahead. Compression Phase Signals Imminent Volatility Spike Solana remains under notable pressure but is attempting to stabilize around a crucial support zone. According to MakroVision Research, price action in the short term is beginning to compress into a tight range, even as the asset continues to trade beneath key descending trendlines that maintain a bearish structure. Related…

SoFi Launches Banking Hub That Combines Cash And Crypto SoFi Technologies (NASDAQ: $SOFI) has launched a new business banking platform designed to let companies handle both cash and cryptocurrencies in one place.  The new service, called “SoFi Big Business Banking,” allows firms to hold U.S. dollars, convert them into stablecoins, and move funds around the clock, all within SoFi’s online bank. SoFi said that it is trying to simplify the banking process and eliminate the need to have a bank for cash, a separate firm for stablecoins, and another for custody.  More From Cryptoprowl: Going forward, a trading firm can…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…