Author: MNK News
Ethereum price started a fresh decline below $3,500. ETH is attempting to recover from $3,050 but faces resistance near $3,500. Ethereum started another bearish wave after it settled below $3,550. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $3,410 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,320. Ethereum Price Faces Resistance Ethereum price failed to stay in a positive zone and started a fresh decline below $3,500, like Bitcoin. ETH…
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…
The crypto market looks beaten down again, but one veteran investor says that may be the exact signal to stay calm. Related Reading Bitwise Chief Investment Officer Matt Hougan believes Bitcoin’s deep sell-off — now dragging prices below $102,000 for the first time since the last five months — is more about panic than fundamentals. Retail Sentiment At ‘Max Desperation’ Hougan told CNBC this week that small traders are hitting a breaking point. “It’s almost a tale of two markets,” he said, describing what he sees as “max desperation” among retail investors after months of heavy losses and leverage blowouts.…
Bitcoin price is struggling below $105,000. BTC could continue to move down if it stays below the $104,200 resistance. Bitcoin started a fresh decline below the $104,000 support. The price is trading below $104,000 and the 100 hourly Simple moving average. There was a break above a bearish trend line with resistance at $103,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it fails to surpass the $105,000 zone. Bitcoin Price Faces Resistance Bitcoin price failed to stay above the $105,000 support level and started a fresh decline.…
The question dominating crypto desks this week is whether the cycle is intact, and when the bull run will return. Two widely followed macro commentators sketched the same causal chain from public-sector cash management to crypto asset beta, arguing that the current drawdown is a liquidity story first and a sentiment story second—and that its reversal hinges on the mechanics of the US Treasury General Account (TGA), Federal Reserve balance-sheet policy, and the timing of Washington’s reopening. Crypto Market Awaits US Government Shutdown Resolution Macro analyst @plur_daddy on X summarizes the current state bluntly: “We are seeing the contraction in…
One of the top former executives at Dell, Kocher founded Humann with a bold mission: change the trajectory of cardiovascular health. The supplement industry is booming as people spend more money on health and wellness products than ever before, from protein powder to creatine to collagen. But for Joel Kocher, we’re not paying nearly enough attention to the most important thing: cardiovascular health. One of the driving forces behind Dell’s explosive growth during his time as an executive at the technology company, Kocher founded Humann, a cardiovascular health brand known for its nitric oxide supplements, in 2009. Humann’s products are…
The Apple MacBook Air M4 laptop has long hovered at $799 at Amazon — a full $200 below its Apple Store price. But it just dropped down to $749, which is the lowest price we’ve seen since this model was introduced in March. This sale is for the model with 16GB of RAM and 256GB of internal storage, across all four colorways, but the 512GB model is also down to $949 — another all-time low versus the Apple Store price of $1,199.We ranked this as our favorite Apple laptop in our list of the best MacBook computers. Heck, it’s even…
The Motion Picture Association is asking Meta to stop referring to content shown to teen accounts on Instagram as “guided by PG-13 ratings,” saying it is misleading and could erode trust in its movie ratings system. A lawyer on behalf of the MPA sent Meta Platforms a cease-and-desist letter asking the tech giant to “immediately and permanently disassociate its Teen Accounts and AI tools from the MPA’s rating system.” Instagram had announced last month that its teen accounts will be will be restricted to seeing PG-13 content by default. The Motion Picture Association, which runs the film rating system that…
CHICAGO (AP) — A federal judge on Wednesday ordered authorities to improve a Chicago-area immigration facility after a group of detainees sued, alleging they were being kept in “inhumane” conditions.The order will be in effect for 14 days. It requires officials to provide detainees at a U.S. Immigration and Customs Enforcement facility in the west Chicago suburb of Broadview with a clean bedding mat and sufficient space to sleep, soap, towels, toilet paper, toothbrushes, toothpaste, menstrual products and prescribed medications.“People shouldn’t be sleeping next to overflowing toilets,” U.S. District Judge Robert Gettleman said. “They should not be sleeping on top…
According to comments made at the Ripple Swell conference, Canary Capital CEO Steven McClurg said the XRP Ledger is lining up as a set of financial rails that could rival legacy systems on Wall Street. Related Reading He argued the ledger’s payment features make it a practical tool for moving money across borders. His remarks come as several big fund managers update filings for potential XRP exchange-traded funds, and as traders watch for approvals that may arrive as soon as mid-November. XRP Ledger Framed As Payment Rails McClurg drew on his background as an emerging-market bond manager when he pointed…