Author: MNK News
XRP’s largest holders are undergoing a sharp structural shift on the XRP Ledger: there are significantly fewer “whale and shark” wallets than two months ago, yet the remaining large accounts now custody more XRP than at any point in the past seven years, according to new data from on-chain analytics firm Santiment. XRP Whales Shrink, Holdings Hit 7-Year High In a post on X, Santiment described what it called “a fascinating trend” in the behavior of the network’s biggest holders. The firm wrote: “XRP Ledger is seeing a fascinating trend of whale & shark wallets shrinking in number, but continuing…
If you have a white elephant gift exchange at work this year or with friends and family, there’s a good chance you’re scrambling right now to find a good gift — or decipher what even makes a good white elephant gift. The possible origins of the term “white elephant” provide one way of looking at it: According to legend, the King of Siam would give a white elephant to courtiers who had upset them. It was a far more devious punishment than simply having them executed. The recipient had no choice but to simply thank the king for such an…
Trump signs Genius Act, first major U.S. crypto law, into effectPresident Donald Trump signed the Genius Act, establishing the first U.S. crypto law regulating stablecoins.A recent survey shows nearly half of Gen Z would be excited to receive cryptocurrency as a holiday gift.Cryptocurrency ownership is more common among younger men, according to Gallup polling.Bitcoin’s price has been volatile, recently declining after a dramatic rise in recent years.Experts suggest that if you are hesitant about crypto, gifting stocks or ETFs is a more traditional alternative.Gen Z wants crypto for Christmas. But how cool are their Gen X parents with putting digital currency under the virtual tree? Crypto has…
Trump signs Genius Act, first major U.S. crypto law, into effectPresident Donald Trump signed the Genius Act, establishing the first U.S. crypto law regulating stablecoins.A recent survey shows nearly half of Gen Z would be excited to receive cryptocurrency as a holiday gift.Cryptocurrency ownership is more common among younger men, according to Gallup polling.Bitcoin’s price has been volatile, recently declining after a dramatic rise in recent years.Experts suggest that if you are hesitant about crypto, gifting stocks or ETFs is a more traditional alternative.Gen Z wants crypto for Christmas. But how cool are their Gen X parents with putting digital currency under the virtual tree? Crypto has…
Australia opening batsman Usman Khawaja was on Tuesday ruled out of the second Ashes Test against England with the back injury he suffered during the Perth opener. The veteran had back spasms and failed to open in the first Test victory. He was replaced for the second innings by Travis Head, who blasted a match-winning century. It leaves Khawaja’s international future in doubt. He turns 39 later this month and has been under pressure after a lean run of form with the bat. “Khawaja will remain with the team to continue his rehabilitation. He has not been replaced in the…
Strategy Inc., the firm once best known as MicroStrategy, said Monday it has raised cash and set aside a $1.44 billion US reserve to cover near-term obligations as Bitcoin tumbles. The move came after recent share sales and follows a brief buy of new coins, according to company statements and market reports. Related Reading Strategy Establishes $1.44B Cash Reserve According to filings and market reports, the reserve was funded by selling Class A common stock under an at-the-market program and is meant to fund dividends on Strategy’s preferred shares and to help pay interest on its debt for at least…
Australia all-rounder Glenn Maxwell on Tuesday ruled himself out of this month’s Indian Premier League (IPL) auction to all but end a 13-year journey in the lucrative T20 tournament. The 37-year-old joined Punjab Kings for $467,000 ahead of the previous edition but disappointed with 48 runs and four wickets in seven matches, before a finger injury. The auction for the 2026 edition is scheduled for December 16 in Abu Dhabi. “After many unforgettable seasons in the IPL I’ve decided not to put my name into the auction this year,” Maxwell wrote on social media. “It’s a big call and one…
U.S. special envoy Steve Witkoff was due to meet with Russian President Vladimir Putin in Moscow on Tuesday, taking to the Kremlin an embryonic peace plan that Washington hopes can bring about an end to the nearly four-year war in Ukraine.Coinciding with Witkoff’s trip, Ukrainian President Volodymyr Zelenskyy went to Ireland, continuing his visits to European countries that have helped sustain his country’s fight against Russia’s invasion.After months of frustration in his efforts to stop the fighting, U.S. President Donald Trump is deploying officials to get traction for his peace proposals. So far, the talks have followed parallel lines, with…
As the whole crypto market bled, Zcash (ZEC) started December with a massive one-day pullback, leading the losses among top cryptocurrencies. While some market observers suggest that the altcoin is positioned for a major move, others have warned that the price risks another major correction in the coming weeks. Related Reading Zcash Loses Key Support Levels Amid Crash Following the late Sunday market correction, Zcash has lost crucial levels and fallen to one-month lows. Over the past three months, the cryptocurrency has seen a parabolic rally, surging over 1,775% to its all-time high (ATH) of $750 in early November. Since…
Pakistan men’s T20I squad will travel to Sri Lanka next month to feature in a three-match T20I series as part of their preparations for the ICC Men’s T20 World Cup 2026, the Pakistan Cricket Board (PCB) announced on Tuesday. All three matches will be played at the Rangiri Dambulla International Cricket Stadium (RDICS) in Dambulla on January 7, 9 and 11. The tour will provide the side with valuable match practice ahead of next year’s global event being staged from February 7 to March 8, where Pakistan are placed in Group ‘A’and will play all their fixtures in Colombo. The…