Author: MNK News

A closely watched derivatives strategist expects Bitcoin’s next major move to begin with a violent short squeeze, only to flip into a punishing “long trap” as October opens—a sequence he argues rhymes more with late-2023 than with the euphoric blow-offs of March and December 2024. In a thread posted on September 12 and expanded over the weekend, analyst Nik Patel (@cointradernik) said the current positioning backdrop “is less like March and Dec ’24 crossovers and more like Dec ’23,” warning that the market is set up for a “multi-week whipsaw going into early/mid Oct.” He added a specific liquidation map:…

The U.S. trails global peers in daily steps, with no state hitting the newly recommended 7,000-step mark. And while most states are close to the 7K goal, younger Americans appear to be walking less than older ones A new study from the University of Sydney has upended the long-standing “10,000 steps a day” rule, showing that 7,000 steps is enough to deliver strong health benefits. But according to data from WeWard in its State of Walking Report, Americans still aren’t hitting the mark. The gamified walking app, backed by Venus Williams, analyzed the activity of 7.7 million users, including 1.3 million Americans, between January…

The Shiba Inu community is on high alert after a major compromise of the Shibarium bridge over the weekend. What began as reports from blockchain security firm PeckShield quickly escalated into a confirmed attack involving validator key leaks, flash loans, and malicious state changes. Developers have scrambled to contain the breach by freezing 4.6 million BONE tokens, but the situation has revealed vulnerabilities in the security of Shiba Inu’s infrastructure and has had an impact on Shiba Inu’s short-term price action. Developer Confirms Attack Details Taking to the social media platform X, Shiba Inu developer Kaal Dhairya revealed that the…

Ethereum (ETH) continues to capture institutional attention as strong inflows into spot ETFs highlight the growing demand. Related Reading According to SoSoValue, Ethereum funds recorded $638 million in net inflows between September 8–12, 2025, with Fidelity’s FETH leading at $381 million. This marked the fourth consecutive week of gains and pushed cumulative Ethereum ETF inflows above $13.3 billion. While the inflows strengthen Ethereum’s long-term investment case, historical trends and on-chain signals suggest September profit-taking risks may resurface. Despite trading near $4,520 on September 15, ETH faces mixed market signals that could dictate its next major move. ETH’s price trends to…

Over 3.7 million teens signed up for Planet Fitness’ most recent High School Summer Pass as the gym giant readies for the next generation of fitness-obsessed kids: Gen Alpha Gen Z is driving Planet Fitness to new records, with more than 3.7 million teens joining its High School Summer Pass this year, which gave high schoolers free access to the high-value, low-price (HVLP) gym chain all summer long. From June through August, teens ages 14 to 19 completed more than 19 million workouts across Planet Fitness’ 2,700-plus clubs in the U.S. and Canada, making the 2025 edition of the program…

Scandinavian beauty brand Under Your Skin has recieved $12 million from Tenth Avenue Holdings, appointing Eileen O’Donoghue as CEO Scandinavian clean beauty brand Under Your Skin has taken a step toward scaling its international presence with significant backing from Tenth Avenue Holdings. The investment group, known for its consumer brand portfolio and strategic exit track record, has infused $12 million into the Sweden-based company, positioning the brand for ambitious growth across Europe and the United States. Tenth Avenue Holdings is no stranger to cultivating and exiting high-value wellness brands. The firm previously guided Hello Products to a $351 million acquisition…

Meta’s smart glasses plans were already one of the worst kept secrets, as there have been more than a year of leaks and reports about its work to add a heads-up display to the product. Now, just days before their unveiling at Connect, a promotional video of the new frames seems to have leaked.The video, reported and reposted by UploadVR, shows the new “Meta Ray-Ban Display” frames as well as a new model of camera-enabled Oakley sunglasses. The clip mainly features the new Ray-Ban glasses, and shows a pair of black frames with clear lenses that look similar to the…

Meta’s smart glasses plans were already one of the worst kept secrets, as there have been more than a year of leaks and reports about its work to add a heads-up display to the product. Now, just days before their unveiling at Connect, a promotional video of the new frames seems to have leaked.The video, reported and reposted by UploadVR, shows the new “Meta Ray-Ban Display” frames as well as a new model of camera-enabled Oakley sunglasses. The clip mainly features the new Ray-Ban glasses, and shows a pair of black frames with clear lenses that look similar to the…

WASHINGTON, DC – JUNE 25: Federal Reserve Chairman Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing to “examine the Semiannual Monetary Policy Report to the Congress” on Captiol Hill on June 25, 2025 in Washington, DC. Powell says that the central bank will wait for clearer economic signals on the effects of President Donald Trump’s tariffs on the economy before cutting interest rates, despite pressure from the President and divisions among Fed officials. (Photo by Kent Nishimura/Getty Images)Getty ImagesFixed income markets expect the Federal Open Market Committee to cut interest rates on…

WASHINGTON (AP) — President Donald Trump on Monday signed an order sending the National Guard into Memphis to combat crime, constituting his latest test of the limits of presidential power by using military force in American cities.Trump made the announcement with Republican Tennessee Gov. Bill Lee visiting the Oval Office, calling what’s coming a “replica of our extraordinarily successful efforts” in Washington. That was a reference to last month, when the president deployed National Guard troops to the nation’s capital and federalized the city’s police force in a crackdown he has since argued reduced crime.Trump said that, in addition to…