Author: MNK News
Indian billionaire Mukesh Ambani’s entertainment venture JioStar has terminated its broadcast deals in Bangladesh for the Indian Premier League (IPL) cricket tournament, saying its local partner defaulted on payments, according to a document seen by Reuters. Bangladesh in January banned IPL broadcasts after one of its teams, Kolkata Knight Riders, dropped Bangladesh pacer Mustafizur Rahman at the Indian cricket board’s instruction, just as tensions rose between the two countries following the killing of a Hindu man in Bangladesh. Though Bangladesh is reviewing the ban and had on Saturday said any further steps will depend on the opinion of its sports…
In brief Ethereum investment products lost $222 million last week, the most of any digital asset tracked by CoinShares. Total crypto fund outflows hit $414 million—the first weekly net negative in five weeks. Clarity Act concerns and fading Fed rate-cut hopes drove the sell-off, with U.S. investors accounting for $445 million in outflows. Ethereum funds bore the heaviest losses among all digital asset exchange-traded products last week as broader risk-off sentiment collided with growing concern about the Clarity Act, the upcoming U.S. crypto market structure bill.That’s pushed total crypto fund outflows to $414 million—the first weekly net negative in five…
In brief Ethereum investment products lost $222 million last week, the most of any digital asset tracked by CoinShares. Total crypto fund outflows hit $414 million—the first weekly net negative in five weeks. Clarity Act concerns and fading Fed rate-cut hopes drove the sell-off, with U.S. investors accounting for $445 million in outflows. Ethereum funds bore the heaviest losses among all digital asset exchange-traded products last week as broader risk-off sentiment collided with growing concern about the Clarity Act, the upcoming U.S. crypto market structure bill.That’s pushed total crypto fund outflows to $414 million—the first weekly net negative in five…
In brief Ethereum investment products lost $222 million last week, the most of any digital asset tracked by CoinShares. Total crypto fund outflows hit $414 million—the first weekly net negative in five weeks. Clarity Act concerns and fading Fed rate-cut hopes drove the sell-off, with U.S. investors accounting for $445 million in outflows. Ethereum funds bore the heaviest losses among all digital asset exchange-traded products last week as broader risk-off sentiment collided with growing concern about the Clarity Act, the upcoming U.S. crypto market structure bill.That’s pushed total crypto fund outflows to $414 million—the first weekly net negative in five…
Cryptocurrency has always been most popular with younger investors, which is understandable. Younger generations are more likely to adopt new technology, and they can afford a higher risk tolerance, since retirement is still a way off. However, some young investors take on too much risk with their crypto holdings. The World Economic Forum’s 2024 Global Retail Investor Outlook reported that 35% of Gen Z and 26% of millennial crypto investors had allocated over half of their portfolios to cryptocurrency. Image source: Getty Images. It can be tempting to build a crypto-heavy portfolio, especially when you’re starting out and don’t have…
Cryptocurrency has always been most popular with younger investors, which is understandable. Younger generations are more likely to adopt new technology, and they can afford a higher risk tolerance, since retirement is still a way off. However, some young investors take on too much risk with their crypto holdings. The World Economic Forum’s 2024 Global Retail Investor Outlook reported that 35% of Gen Z and 26% of millennial crypto investors had allocated over half of their portfolios to cryptocurrency. Image source: Getty Images. It can be tempting to build a crypto-heavy portfolio, especially when you’re starting out and don’t have…
Cryptocurrency has always been most popular with younger investors, which is understandable. Younger generations are more likely to adopt new technology, and they can afford a higher risk tolerance, since retirement is still a way off. However, some young investors take on too much risk with their crypto holdings. The World Economic Forum’s 2024 Global Retail Investor Outlook reported that 35% of Gen Z and 26% of millennial crypto investors had allocated over half of their portfolios to cryptocurrency. Image source: Getty Images. It can be tempting to build a crypto-heavy portfolio, especially when you’re starting out and don’t have…
Standard Chartered’s Global Head of Digital Assets Research Geoffrey Kendrick said Ethereum could climb to $40,000 by 2030 and outperform Bitcoin along the way, arguing that the next wave of tokenization, stablecoin growth, and institutional blockchain buildout is likely to land first on Ethereum. Speaking in a Milk Road interview with John Gillen, Kendrick tied his ETH thesis directly to how traditional finance is approaching on-chain infrastructure. His argument was not that Ethereum wins because of narrative momentum, but because it looks like the safest place for banks, asset managers, and large institutions to start building. Why Ethereum Could Outperform…
Key PointsRetirees can invest in cryptocurrency, provided they have enough retirement income to comfortably pay their bills.It’s best to stick to a small crypto position — 1% to 5% of your portfolio.Retirement and cryptocurrency investing would seemingly mix like oil and water. Your golden years are when you reduce portfolio risk. Cryptocurrency is highly risky, with exhibit A being the the fact that many top coins are down over 50% in the last six months.That said, there’s nothing wrong with retirees diversifying into digital assets, provided they keep a couple of guidelines in mind.Will AI create the world’s first trillionaire?…
Retirement and cryptocurrency investing would seemingly mix like oil and water. Your golden years are when you reduce portfolio risk. Cryptocurrency is highly risky, with exhibit A being the the fact that many top coins are down over 50% in the last six months. That said, there’s nothing wrong with retirees diversifying into digital assets, provided they keep a couple of guidelines in mind. Image source: Getty Images. For starters, you should only invest in cryptocurrency as a retiree if you can comfortably pay your monthly bills with Social Security, your retirement accounts, and any other sources of income you…