Author: MNK News

Matthew Sigel, the Head of Digital Assets Research of VanEck, said Bitcoin could reach $180K this bull cycle but is “under-exposed” to corporate adoption. In an appearance on the Coin Stories podcast, Matthew Sigel said Bitcoin (BTC) could go as high as $180K in 2025, pointing to crucial indicators like funding rates, unrealized profits, and retail speculation as the basis for this prediction. Sigel, in conversation with the host Natalie Brunel, says VanEck has been “bullish on Bitcoin since 2017”. However, he believes corporate adoption of Bitcoin still has a long road ahead.  Traditional asset managers, many of which, like…

Senate Majority Leader Chuck Schumer (D-NY) is calling on the Department of Homeland Security (DHS) “to deploy special detection systems” in New York and New Jersey to investigate the ongoing drone phenomena. Speaking in New York City on Sunday, Schumer expressed bewilderment over a lack of answers regarding the drones. “We’ve seen lots of recent sightings in New York, New Jersey, Long Island, Staten Island, so, it’s remarkable with all of these sightings over the last while, why do we have more questions than answers,” he told reporters in a video shared by NBC News. “If the technology exists for…

CLNKraneShares Key News Asian equities started the week with a thud on light volumes as the U.S. dollar strengthened. Mainland China and Hong Kong had weak sessions following the mid-morning November economic data release, as the retail sales expectations miss was widely cited. Yes, retail sales’ 3% missed expectations of 5% and October’s 4.8%, which was widely cited as the culprit for today’s market action as it implies the necessity for more policy support geared to domestic consumption. Investors did not look beyond the headline number, as several categories showed strength year-over-year (YoY), including auto, which increased +6.6%; furniture, which…

“Juror #2” cropped poster.Warner Bros. Pictures Juror #2—director Clint Eastwood’s acclaimed courtroom drama starring Nicholas Hoult—makes its streaming debut on Max this week. Juror #2 opened in limited release in theaters on Nov. 2. The official summary for the film reads, “Juror #2 follows family man Justin Kemp (Hoult) who, while serving as a juror in a high profile murder trial, finds himself struggling with a serious moral dilemma … one he could use to sway the jury verdict and potentially convict—or free—the accused killer.” The film also stars Toni Collette, J.K. Simmons, Chris Messina, Gabriel Basso, Cedric Yarbrough, Zoey…

Investopedia / Julie Bang Bitcoin hit a new all-time high of more than $107,000 Monday, after rising above $106,000 for the first-time a day prior. MicroStrategy announced yet another purchase of $1.5 billion worth of bitcoin last week. MicroStrategy shares may have room to run after its Nasdaq 100 inclusion, but some analysts think getting into the S&P 500 may prove harder. Bitcoin (BTCUSD) prices shattered another record, rising above $107,000 with growing optimism around reports that President-elect Donald Trump may be considering establishing a bitcoin strategic reserve. The largest cryptocurrency by market cap broke the $107,000 price barrier Monday,…

There’s a good chance you own a couple of gadgets that support wireless charging now, be it your iPhone or Android phone, wireless earbuds or smartwatch. Multi-device wireless chargers can help power them all up in one place, without the need for a bunch of cords messing up your space. There are dozens of these accessories out there today, and we’ve tested a bunch of the most popular models. You’ll find out top picks below for the best wireless charging stations, plus some advice on how to choose the right one for your needs.Table of contentsBest wireless charging padsBelkinIt doesn’t…

CyberKongz, a gaming-based NFT project, has been issued a Wells Notice by the U.S. Securities and Exchange Commission, raising concerns over its ERC-20 token and blockchain game integration, indicating a potential legal battle might be in the cards. The team said they were “extremely disappointed at the approach the SEC has taken” on X post on Dec. 16, referring to the Well’s notice, a formal SEC warning of potential enforcement. They also pledged to fight back, arguing the result could have major consequences for the web3 gaming and NFT sectors. The SEC has expressed some concern with CyberKongz’s pairing of…

President-elect Donald Trump expressed that he has a “warm spot” in his “heart for TikTok” as the app’s Chinese parent company is facing a looming January deadline to either sell the app or face a potential ban in the United States. During a press conference on Monday, Trump said that while podcasters like Joe Rogan, whom Trump’s youngest son Barron had “recommended,” had helped him reach the youth vote, TikTok also “had an impact” on the election. Trump’s words come after President Joe Biden signed a $95 billion bill into law in April that included aid for Taiwan, Ukraine, and Israel,…

Many people in the world of corporate sustainability have been asking variations of the same question over the past weeks. What does this all mean, anyway? From the Trump transition team’s reported plan to end the federal Clean Vehicle Tax Credit in 2025 to the exit of the Securities and Exchange Commission (SEC) Chair who spearheaded the agency’s Climate Disclosure Rules, it would certainly appear that the tide is shifting on corporate sustainability compliance. Even in Europe, which had been leading the world on corporate sustainability-related policy reforms, we’re starting to see some hurdles emerging. Most notably, the European Commission…

The LA Galaxy lifts the MLS Cup trophy after winning the MLS Cup final 2-1 over the New York Red … [+] Bulls on Dec. 7 in Carson, Calif.Getty Images The size of the American TV audience for the 2024 MLS Cup final on Fox and Fox Deportes was cut nearly in half from the 2023 event, in disappointing news for the league that was first reported on Wednesday by the Sports Business Journal. According to Nielsen, a combined audience of only 468,000 watched the LA Galaxy’s 2-1 victory over the New York Red Bulls on Dec. 7, down from…