Author: MNK News
ISLAMABAD: If all goes as planned, construction of the first-ever cricket stadium in Islamabad will begin soon, as stakeholders on Wednesday deliberated on the proposed design of the project. During a meeting headed by Pakistan Cricket Board (PCB) Chairman Mohsin Naqvi, CDA officials and consultants presented the concept design of the stadium. The facility will be constructed in the foothills of the Margallas near Sector D-12. The meeting decided that the new stadium will have an open view of the Margallas and a seating capacity of around 32,000. It was also decided that a large parking facility with space for…
A sharp rise in crypto liquidations is sending a louder message of how some traders are using more leverage in recent months. Related Reading Average daily wipeouts have jumped from roughly $28 million in long bets and $15 million in shorts during the last cycle to about $68 million long and $45 million short in the current cycle, according to a new Glassnode and Fasanara report. That shift has made single sell-offs much more violent. Early Black Friday Shock Reports have disclosed that Oct. 10 was the clearest sign of the change. On that day, more than $640 million per…
Bitcoin price started a fresh increase above $92,000. BTC is now testing the key barrier at $94,000 and might attempt an upside break. Bitcoin started a fresh increase above the $92,000 zone. The price is trading above $91,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $92,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $94,000 zone. Bitcoin Price Extends Gains Bitcoin price managed to stay above the $88,000 zone and started a fresh increase.…
XRP is testing a key inflection zone above $2.00 as two independent frameworks from crypto analysts Dom (@traderview2) and Osemka (@Osemka8) converge on a potential reversal – with clearly defined levels at roughly $2.00, $2.22 and $2.50 marking the battlefield. XRP Price Consolidation Nears Its End On the higher-timeframe 2-day chart, Osemka frames the structure as a classic flat correction built on top of the 2021 high. “Here’s the range and levels to help you navigate it. We’re basing on top of 2021 high,” he writes, adding that “we’ve also never broken down after going sideways for this long, so…
The last two months have seen a major reset in the XRP open interest, coinciding with the widespread sell-offs that have rocked the market. Looking at past performances, historical data suggests that this open interest reset could be a major break for the altcoin. As prices begin to see some recovery, the reset could present the perfect opportunity for bulls to reclaim complete control of the XRP price and drive it toward higher levels. How Far Has The XRP Open Interest Crashed? To know the scale of this reset, it is important to look at the XRP open interest numbers…
Owners of Subaru vehicles are complaining to the federal government about advertisements taking up the entire screen on their dashboards, saying the messages that pop up while they are driving are a dangerous distraction. Shortly before Thanksgiving, a Reddit user shared a photo of his car’s infotainment screen taken over by a promo for a free SiriusXM trial, in a post titled “These ad’s [sic] should not be happening while we are driving.” The ad’s copy reads, “Enjoy SiriusXM FREE thru 12/1,” with button prompts to either “Listen Now” or to close the pop-up. In other comments on his profile, the…
Chainlink (LINK) is once again in the spotlight across the cryptosphere after the launch of the first U.S. Chainlink-focused ETF sparked a sharp price rebound and renewed institutional interest. LINK surged more than 20% in 24 hours, trading around $14.4 as volumes and market participation accelerated. Related Reading Chainlink ETF Launch Sparks Strong Market Reaction Grayscale launched the GLNK ETF on December 2, converting its previous private Chainlink trust into a publicly traded product on NYSE Arca. The ETF opened with zero fees and recorded more than 1.17 million shares traded on its first day, far above historical averages. Trading…
The Department of Transportation under President Donald Trump is moving to reverse more of the climate policies that had been enacted by President Joe Biden. Under a proposed rulemaking by the National Highway Traffic Safety Administration, fuel efficiency standards for cars and light trucks in model year 2031 will be reduced to an average of 34.5 miles per gallon, down from the standard of 50.4 miles per gallon that was part of Biden’s plans to encourage more adoption of electric vehicles among US drivers.The move was expected since Trump re-took office. Transportation Secretary Sean Duffy ordered the NHTSA to review…
Nvidia CEO Jensen Huang praised President Donald Trump on Wednesday, telling podcaster Joe Rogan that “everything” the president “thinks through is very practical, common sense, and logical.” Jensen also credited Trump’s energy policy with saving AI, telling Rogan, “Without energy growth, we can have no industrial growth. And that was what saved the AI industry.” “President Trump is very different. He surprised me,” Huang told Rogan during Wednesday’s episode of The Joe Rogan Experience. “First of all, he’s an incredibly good listener. Almost everything I’ve ever said to him, he’s remembered.” Watch Below: “Yeah, people only want to look at negative stories about him,…
WASHINGTON (AP) — The Pentagon knew there were survivors after a September attack on an alleged drug boat in the Caribbean Sea and the U.S. military still carried out a follow-up strike, according to two people familiar with the matter.The rationale for the second strike was that it was needed to sink the vessel, according to the people familiar with the matter who spoke on the condition of anonymity because they weren’t authorized to discuss it publicly. The Trump administration says all 11 people aboard were killed.What remains unclear was who ordered the strikes and whether Defense Secretary Pete Hegseth…