Author: MNK News

The brutal killing of Roman Novak, a Russian crypto millionaire, and his wife, Anna, has shocked both the crypto and international business communities. Their dismembered bodies were discovered in the desert near Hatta, southeast of Dubai, after they vanished following a supposed meeting with investors.The crypto story of Roman Novak is one of wealth, deception, and revenge, a chilling reminder of how greed and betrayal can turn fatal in the world of digital fortunes.Who Was Roman Novak? The Rise and Fall of a Crypto Tycoon.Roman Novak was a Russian entrepreneur and crypto investor who built his reputation through ambitious crypto…

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McLaren’s Lando Norris won the Sao Paulo Grand Prix to surge 24 points clear in the Formula One championship on Sunday while teammate and title rival Oscar Piastri finished fifth after being penalised for causing a collision. Mercedes’ teenage rookie Kimi Antonelli hung on for a career-best second place with Max Verstappen an astonishing third for Red Bull after starting from the pitlane. Verstappen’s performance was all the more impressive after the four-times world champion, who won from 17th at Interlagos last year, suffered an early slow puncture and had to fight back from 18th. “Crazy race,” said Norris of…

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Crypto traders have raised their bets that the U.S. government shutdown will end as early as this week, after the Senate advanced a short-term funding bill last night. The crypto market is already pricing in the possibility of the shutdown ending soon, with Bitcoin reaching the $106,000 mark today. Crypto Traders Predict U.S. Government Shutdown Could End This Week Data from the crypto prediction platform Polymarket shows that traders predict that the shutdown will end by Friday, November 14. There is currently an 86% chance that it will happen between now and November 15. However, since Congress is unlikely to…

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Founder and GP of Innovating Capital sees a turning point toward stronger infrastructure and real-world utility. The crypto market’s recent sharp selloff wiped out nearly $20 billion in leveraged positions in a matter of hours, with the overall market reportedly losing half a trillion dollars over a weekend.   For Anthony Georgiades, founder and GP at Innovating Capital, the event exposed long-standing structural flaws but also demonstrated how far the industry has come. Heading up a firm that has $220 million in committed capital with nearly 50 portfolio companies across crypto, AI, and enterprise, Georgiades has a unique vantage point…

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…

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The crypto market enjoyed a period of upside over the weekend following two consecutive losing weeks. Bitcoin BTC$105,965.69 rose 4% in the past 24 hours and having risen as high as $106,500 is now trading around $106,000 as it attempts to steer itself away from the psychological level of support at $100,000. Ether ETH$3,593.29 added 6.5%.The altcoin market outperformed bitcoin, with bitcoin dominance falling to 59.1% from the Nov. 5 high of 60.1%. This is a signal that the touted $2,000 tariff dividend payment in the U.S. will serve as a boost to altcoins, as it did during the Covid-era.Decentralized…

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The crypto market enjoyed a period of upside over the weekend following two consecutive losing weeks. Bitcoin BTC$106,417.92 rose 4% in the past 24 hours and having risen as high as $106,500 is now trading around $106,000 as it attempts to steer itself away from the psychological level of support at $100,000. Ether ETH$3,615.03 added 6.5%.The altcoin market outperformed bitcoin, with bitcoin dominance falling to 59.1% from the Nov. 5 high of 60.1%. This is a signal that the touted $2,000 tariff dividend payment in the U.S. will serve as a boost to altcoins, as it did during the Covid-era.Decentralized…

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Ethereum price started a recovery wave above $3,350. ETH is showing positive signs but faces hurdles near the $3,720 resistance. Ethereum started a decent upward move above $3,350 and $3,400. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,720 zone. Ethereum Price Attempts Recovery Ethereum price managed to stay above $3,200 and started a recovery wave, like Bitcoin. ETH price was able…

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Bitcoin price is attempting to recover above $103,500. BTC could continue to move up if it clears the $106,500 resistance zone. Bitcoin started a decent recovery wave above the $103,500 support. The price is trading above $104,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $102,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $106,500 zone. Bitcoin Price Recovers 3% Bitcoin price managed to stay above the $101,000 support level and started a…

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According to Velo data, Mondays have averaged negative returns over the past month. However, this Monday started in the green as bitcoin climbed above $106,000, reclaiming a key technical level the 365-day moving average, which has acted as an important long-term support throughout this cycle. That moving average currently sits near $102,444.However, a small Chicago Mercantile Exchange (CME) gap has formed around $104,170 from weekend trading. A CME gap occurs when bitcoin’s price on CME futures opens higher or lower than where it closed the previous session, typically over the weekend when CME markets are closed. Historically, these gaps often…

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