Author: MNK News
Ethereum is holding around $2,000. The level looks like support. The data beneath it suggests the market is not yet being compensated for the risk of being here. A CryptoQuant report tracking risk-adjusted performance on Binance has identified a reading that holders should not dismiss: Ethereum’s Sharpe-like ratio currently stands at approximately -0.0012, while the 30-day average return has turned negative at -0.00039. Both figures are small. Neither is insignificant. Together they describe a market in which the risk of holding ETH is currently exceeding the return it is generating — the precise condition that precedes either a capitulation or…
Artemis II, the first crewed mission under the Artemis program, is scheduled to launch today, April 1. NASA is opening a two-hour window for its lift off, starting at 6:24 PM Eastern time, at the Kennedy Space Center in Florida. The agency said the forecast for launch day “shows an 80 percent chance of favorable weather conditions” and that, on March 31, its engineers had finished critical health checks on the Space Launch System rocket that the mission will use.On the evening of March 31, the engineers shifted the launch system into its final configuration. In the early hours of…
Coach Graham Arnold challenged his players to “shock the world” after Iraq became the 48th and final team to qualify for the World Cup with a nerve-shredding 2-1 win over Bolivia in an intercontinental playoff in Mexico on Tuesday. Iraq, whose preparations were disrupted by the war in the Middle East, sealed their first appearance at the finals in 40 years and will play in Group I against France, Senegal and Norway. Goals from Ali Al-Hamadi and Aymen Hussein secured a famous win for Iraq, whose last appearance at the World Cup came at Mexico in 1986. “With everything going…
Artificial intelligence (AI)-focused cryptocurrencies are having a moment right now. At a time when Bitcoin is down more than 20% for the year, AI-focused crypto coins are posting double-digit gains. But how many of these AI crypto coins are worth buying right now? Let’s take a closer look. Bittensor The AI-related crypto getting all the attention right now is Bittensor (TAO +7.01%), which currently has a market cap of $3.5 billion. Bittensor is an open-source, decentralized blockchain protocol designed specifically to facilitate a peer-to-peer marketplace for machine learning models and AI technology. In other words, it’s essentially a Layer-1 blockchain…
CAPE CANAVERAL, Fla. (AP) — It’s humanity’s first flight to the moon since 1972. In a throwback to Apollo, NASA’s Artemis II mission will send four astronauts on a lunar fly-around. They’ll hurtle several thousand miles beyond the moon, hang a U-turn and then come straight back. No circling around the moon, no stopping for a moonwalk — just a quick out-and-back lasting less than 10 days. NASA promises more boot prints in the gray lunar dust, but not before a couple practice missions. The upcoming test flight by Artemis astronauts Reid Wiseman, Victor Glover, Christina Koch and Jeremy Hansen is the first step in settling the…
A new analysis released by CryptoQuant, written by contributor CryptoMe, suggests that Bitcoin (BTC) may still have room to fall this year, and that the collapse could give the ideal purchasing opportunity for long-term investors. Bitcoin Bottom At $54,000? In a Monday report, CryptoMe highlighted the cryptocurrency’s Realized Price indicator as a key reference point and argued that periods when spot prices dip at or below that level have historically been attractive accumulation zones. The Bitcoin Realized Price is, in simple terms, the market’s average cost basis: the price paid for all coins in circulation weighted by when they last…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…
Global asset manager Franklin Templeton is set to expand its crypto footprint by acquiring a spinoff of the crypto-native investment firm CoinFund.Franklin Templeton said Wednesday it plans to acquire 250 Digital, a CoinFund spinoff that runs liquid crypto investment strategies, expanding the asset manager’s digital asset business. The deal will form part of a new unit called Franklin Crypto once it closes.The move follows CoinFund’s decision earlier this year to spin out its liquid strategies business into 250 Digital as the company sharpened its focus on venture investing.Christopher Perkins will lead the new Franklin Crypto, and Seth Ginns will serve…
Turkiye ended a 24-year wait to qualify for the World Cup by beating Kosovo 1-0 in their playoff final on Tuesday, sealing a return to football’s biggest stage for the first time since 2002 when they reached the semi-finals. Forward Kerem Akturkoglu scored the only goal in the 53rd minute, turning the ball in from close range after Orkun Kokcu’s shot, following a driving run from Kenan Yildiz down the left. “Thank God. It has been 24 years. Some of us were not even born the last time we qualified, and some were too young to remember. We always dreamed…
Wall Street asset management giant Franklin Templeton is launching a dedicated cryptocurrency division as it deepens its push into digital assets, anchored by a planned acquisition of crypto investment firm 250 Digital.The new unit, called Franklin Crypto, will bring together the 250 Digital team and its liquid crypto strategies — previously managed by CoinFund — under one structure aimed at institutional investors, the firm said Wednesday.Former CoinFund executive Christopher Perkins will lead the division, with Seth Ginns serving as chief investment officer alongside Franklin Templeton digital assets executive Tony Pecore. The group will report to Sandy Kaul, the firm’s head…