Author: MNK News
Bitcoin BTC$66,795.58 gave back a large portion of its recent gains on Thursday, now trading at $66,700 having lost 2.4% of its value since midnight UTC.Ether (ETH) performed even worse, tumbling by 4.4% as the broader crypto market struggles to deal with continued risk-off sentiment.The latest plunge was spurred by U.S. president Donald Trump, who said on Wednesday evening that the war in Iran would continue with extensive strikes on Iran.“Over the next two to three weeks, we’re going to bring them back to the stone ages where they belong,” he said.The comments led to an immediate spike in oil…
Bitcoin BTC$66,885.57 gave back a large portion of its recent gains on Thursday, now trading at $66,700 having lost 2.4% of its value since midnight UTC.Ether (ETH) performed even worse, tumbling by 4.4% as the broader crypto market struggles to deal with continued risk-off sentiment.The latest plunge was spurred by U.S. president Donald Trump, who said on Wednesday evening that the war in Iran would continue with extensive strikes on Iran.“Over the next two to three weeks, we’re going to bring them back to the stone ages where they belong,” he said.The comments led to an immediate spike in oil…
Bitcoin BTC$66,429.70 gave back a large portion of its recent gains on Thursday, now trading at $66,700 having lost 2.4% of its value since midnight UTC.Ether (ETH) performed even worse, tumbling by 4.4% as the broader crypto market struggles to deal with continued risk-off sentiment.The latest plunge was spurred by U.S. president Donald Trump, who said on Wednesday evening that the war in Iran would continue with extensive strikes on Iran.“Over the next two to three weeks, we’re going to bring them back to the stone ages where they belong,” he said.The comments led to an immediate spike in oil…
A cluster of roughly 650,000 Bitcoin sits at the $70,000–$72,000 price range — coins bought by investors who are now waiting to break even. That supply overhang is the wall Bitcoin must climb if its March recovery is going to mean anything. Related Reading: Ripple’s RLUSD Stablecoin Sits On $1.57 Billion In Reserves: Audit Firm A Streak That Hasn’t Been Seen Since 2018 Bitcoin closed March up 2%, snapping five consecutive months of losses. It was the longest such run of red monthly candles since 2018, and data from CoinGlass confirms the streak is over. The final close puts Bitcoin…
Bitcoin price started a recovery wave above $68,000. BTC is now struggling to surpass $68,800 and showing signs of a fresh decline. Bitcoin failed to settle above $68,800 and trimmed most gains. The price is trading below $67,200 and the 100 hourly simple moving average. There was a break below a rising channel with support at $67,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $68,000 and $67,800 levels. Bitcoin Price Faces Rejection Bitcoin price formed a base above $66,500 and started a recovery wave.…
Key Takeaways Drift Protocol suffered a $285 million hack on April 1, 2026, the largest crypto exploit of the year so far. The attacker used a fake token and a compromised admin key to manipulate oracles and drain vaults. Funds were bridged via Circle’s CCTP, with ZachXBT criticizing the lack of a timely freeze. Solana-based Drift Protocol, a major decentralized perpetuals exchange, suffered a $285 million exploit on April 1, 2026. What began as unusual on-chain activity quickly escalated into the year’s largest hack, wiping out more than half of the protocol’s total value locked (TVL). Drift confirmed an “active…
Artemis II launched into space on Wednesday hours after President Trump pledged to send U.S. astronauts to the moon more than five decades after the Apollo missions. The Artemis II mission will be sending four astronauts beyond low-Earth orbit to circle around the moon before heading back home. Video of the launch was shared across social media on Thursday. Hours prior, the president said on Truth Social that astronauts will be going “farther into Deep Space than any human has EVER gone.” “Tonight at 6:24 P.M. EST, for the first time in over 50 YEARS, America is going back to…
As quantum computing continues to evolve, questions about its potential impact on Bitcoin are gaining renewed attention. At the center of the debate is whether the world’s largest cryptocurrency could one day be vulnerable to the immense processing power of quantum machines. While the technology is still in its early stages, the discussion around long-term security is becoming increasingly relevant. Amid the frenzy, crypto analyst Luke Martin has shared the only public comment Satoshi Nakamoto made about the quantum computing risk on Bitcoin. Martin revealed on X that in 2010, a user named llama raised concerns about what would happen…
Ethereum is currently trading above $2,100 at the start of the new month, but one analyst believes the asset’s next major directional move is based on a single price level: one that, if broken, would invalidate years of macro analysis and cause a price collapse to as low as $900. The Count That Has Held For A Year According to an analyst known as The Penguin, Ethereum’s current price behavior fits into a broader Elliott Wave structure that has been developing for years. The analysis defines Ethereum’s entire price history since 2016 as a developing macro sequence: a completed Cycle…
WASHINGTON (AP) — Homeland Security Secretary Markwayne Mullin on Wednesday rescinded a rule that DHS expenditures over $100,000 be personally approved by his office, ending a widely criticized policy implemented by his predecessor Kristi Noem that critics said put a particular burden on the Federal Emergency Management Agency ’s work aiding disaster response and recovery. The decision marks the first major action by the new Homeland Security leader, sworn in last week, to change a policy implemented by Noem, whom President Donald Trump fired in March. Mullin’s move is expected to ease a spending bottleneck that lawmakers and states said…