Author: MNK News

In a not-so-surprising turn of events, the bearish orientation of the Bitcoin price has continued into the month of December, suggesting that the premier cryptocurrency could end the year in the red. Interestingly, recent on-chain data has offered insights into the likely direction of Bitcoin based on the integrity of an important price level. Active Market Participants’ Cost Basis At $82,000 In a December 5 post on the X platform, market analyst Burak Kesmeci shared an interesting outlook on the direction of the Bitcoin price.  The analyst disclosed that whatever happens around the $82,000 mark could make or mar Bitcoin’s…

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Tesla chief Elon Musk has called for the abolition of the European Union as a political entity and a return of national sovereignty to the continent in the wake of Brussels announcing a $140 million fine against his X social media platform for supposedly violating the bloc’s censorship law. “The EU should be abolished and sovereignty returned to individual countries, so that governments can better represent their people,” Musk wrote on his X account on Saturday morning. It came after the unelected European Commission imposed a €120 million ($140 million) fine on X on Friday for allegedly breaching the Digital Services…

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Virat Kohli on Saturday said a free mind helped him push limits after his stellar batting led India to a 2-1 ODI series victory over South Africa on Saturday. The 37-year-old amassed 302 runs including two centuries and one fiftyin three matches to dispel any doubts over his enduring quality as a top-order batter. Kohli capped off the series with an unbeaten 65 off 45 balls in the deciding ODI in Visakhapatnam as India bossed their chase of 271 to win with 61 balls and nine wickets to spare. “Honestly, playing the way I have in the series is the…

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The big reveal for Meta’s next mixed reality glasses is being postponed until the first half of 2027, according to a report from Business Insider. Based on an internal memo from Maher Saba, the vice president of Meta’s Reality Labs Foundation, the report said that the company’s project, which is codenamed “Phoenix,” will no longer be scheduled for a 2026 debut.In a separate memo, Meta execs explained that the delay would help deliver a more “polished and reliable experience.” According to BI, a memo from Meta’s Gabriel Aul and Ryan Cairns said this new release window is “going to give…

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WASHINGTON (AP) — After the arrest of a man charged with placing two pipe bombs outside the headquarters of the Republican and Democratic national parties on Jan. 5, 2021, the warning from the Trump administration was clear: If you come to the nation’s capital to attack citizens and institutions of democracy, you will be held accountable.Yet Justice Department leaders who announced the arrest were silent about the violence that had taken place when supporters of President Donald Trump stormed the Capitol and clashed with police one day after those bombs were discovered.It was the latest example of the Trump’s administration’s…

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Federal prosecutors allege that Brett Michael Dadig, a Pittsburgh man who violently stalked at least 11 women across more than five states, used ChatGPT as a “therapist” and “best friend” who encouraged him to continue terrorizing his victims. The New York Post reports that according to a federal indictment filed this week in Pittsburgh federal court, Brett Michael Dadig, a 31-year-old social media influencer who referred to himself as “God’s assassin” and threatened to strangle people with his bare hands, faces decades in prison after being charged with several counts of interstate stalking and making threats. The indictment reveals a…

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Industry leader Tom Lee has shared how the Ethereum price could reach $12,000 within the next few months. He based his prediction on the Bitcoin price action and how ETH could match the flagship crypto on a potential run to the upside.  Tom Lee Explains How The Ethereum Price Could Rally To $12,000 Speaking at the Binance Blockchain Week, Tom Lee predicted that the Ethereum price could reach $12,000 as Bitcoin rallies to $250,000 within the next few months. He explained that ETH can reach the $12,000 target if the ETH/BTC ratio returns to its eight-year average of 0.0479. Lee…

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The dust of the city coated everything – the flags, the crisp new doboks, the hopeful faces of fathers shepherding their children. After 18 years, this was Karachi’s welcome: not a red carpet, but a gritty testament. The National Games had come home. The city, in its quintessential fashion, demanded a pilgrimage. For the first Games on its soil after 18 years, it offered an obstacle course of its own making – cranes standing like sentinels over diverted roads that formed labyrinths of progress. But through the grit and the detours, they came. A river of colour, athletes from every…

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A crypto analyst has made an unexpected declaration, predicting that XRP investors could become extremely rich in just a few months. This bold claim comes with a new technical analysis, suggesting that XRP is now entering a pivotal price area that previously triggered explosive rallies. Despite the cryptocurrency’s low price and recent downtrend, the analyst remains confident that XRP could mirror past trends and skyrocket to new highs. Related Reading XRP To Make Holders Wealthy In 3 Months? In a recent X post, popular market analyst ‘Steph Is Crypto’ issued a dramatic warning to XRP holders, announcing that investors will…

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The 35th National Games were declared open amid fanfare at the National Bank Stadium in Karachi on Saturday. Pakistan Peoples Party chairman Bilawal Bhutto-Zardari, who served as the chief guest, formally inaugurated the multi-sport spectacle. Sindh athletes Mahoor Fatima and Mohammad Zubair administered the athletes’ oath, after which the Games’ cauldron was lit by Pakistan’s Olympic gold medallist Arshad Nadeem, hockey great Islahuddin Siddique, and South Asian Games gold medallist Naseem Hameed. An estimated 11,000 athletes will feature in the Games, which will be contested across multiple venues in the metropolis. “I want to welcome you all — welcome, welcome…

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