Author: MNK News
Changpeng Zhao, the multibillionaire founder of crypto exchange Binance, spent four months last year locked in a federal prison. After US president Donald Trump pardoned Zhao in October, the government has recast him as a martyr.Zhao, who goes by CZ, pleaded guilty in November 2023 to failing to maintain an effective anti-money-laundering program at Binance. In parallel, Binance admitted to violating US sanctions and settled with financial regulators, which accused the company of failing to report suspicious transactions involving terror groups, child exploitation networks, and cybercriminals, among other violations. In a particularly incriminating exchange detailed in court documents, one Binance…
Certified market analyst Tony Severino has revealed that the Litecoin 2M Bollinger band width has hit new lows. He explained what this means and how it provides a bullish outlook for the altcoin. Litecoin’s 2M Bollinger Band Hits New Record Lows In an X post, Severino stated that the Litecoin 2M Bollinger Band Width has continued to set new record lows, representing the tightest volatility in LTCUSD history. The expert further revealed that the 2M candle closed as a Hammer above the Bollinger Band basis despite the wick to the downside. Related Reading He explained that this gives the technical…
A stark line in the sand has emerged for Dogecoin. Market analyst Ali Martinez (X: @ali_charts) argues that the meme-coin’s near-term trajectory is binary around the $0.18 handle, pairing a channel-based price map with an on-chain URPD readout that concentrates risk directly below. His warning is unambiguous: “Dogecoin fate could hinge on $0.18. If it fails, $0.07 might be next.” Dogecoin Needs To Bounce Now Martinez published a one-day chart on November 1 depicting DOGE oscillating inside an ascending channel and presently testing its lower boundary. The chart print shows Binance’s perpetual pair near $0.187 at the time of capture,…
WASHINGTON — President Donald Trump on Sunday said he did not know anything about Changpeng Zhao, the billionaire crypto exchange founder with close ties to the Trump family’s own crypto empire — despite the fact that he he pardoned him last month. “I don’t know who he is,” Trump said when asked on CBS’s “60 Minutes” why he pardoned him.“I can only tell you this. My sons are into it,” Trump added. “I’m glad they are, because it’s probably a great industry, crypto. I think it’s good.”“I know nothing about the guy,” Trump said again when pressed.He claimed that Zhao,…
WASHINGTON — President Donald Trump on Sunday said he did not know anything about Changpeng Zhao, the billionaire crypto exchange founder with close ties to the Trump family’s own crypto empire — despite the fact that he he pardoned him last month. “I don’t know who he is,” Trump said when asked on CBS’s “60 Minutes” why he pardoned him.“I can only tell you this. My sons are into it,” Trump added. “I’m glad they are, because it’s probably a great industry, crypto. I think it’s good.”“I know nothing about the guy,” Trump said again when pressed.He claimed that Zhao,…
WASHINGTON — President Donald Trump on Sunday said he did not know anything about Changpeng Zhao, the billionaire crypto exchange founder with close ties to the Trump family’s own crypto empire — despite the fact that he he pardoned him last month. “I don’t know who he is,” Trump said when asked on CBS’s “60 Minutes” why he pardoned him.“I can only tell you this. My sons are into it,” Trump added. “I’m glad they are, because it’s probably a great industry, crypto. I think it’s good.”“I know nothing about the guy,” Trump said again when pressed.He claimed that Zhao,…
What to Know: Easing US-China trade tensions, coupled with potential institutional inflows, signal a positive November outlook for Bitcoin. As the macroeconomic tailwinds ignite investor optimism, Bitcoin Hyper – a Layer 2 solution emerges as the one of the next 100x cryptos as it aims to bring speed, scalability, and innovation to Bitcoin’s Layer 1. The project has already raised $25.6M in its presale, signaling the growing investor conviction in its long-term potential. Early buyers expect a 553% upside if price predictions hold true. Despite Bitcoin’s Uptober buzz that made rounds earlier last month, the coin’s performance was disappointing. The…
aura token, aura price aura solana, why is aura surging. Photo by BeInCrypto Digital asset investment products saw $360 million in outflows last week after Federal Reserve Chair Jerome Powell signaled hesitation on future interest rate cuts. Bitcoin ETFs took the hardest hit, losing $946 million, while Solana attracted a record $421 million in inflows. Outflows followed comments from Powell indicating another rate cut in December was not assured. He warned that loosening policy too quickly could threaten progress on inflation, while slow action might weigh on economic growth. Investors viewed his remarks as hawkish, dampening hopes for swift monetary…
aura token, aura price aura solana, why is aura surging. Photo by BeInCrypto Digital asset investment products saw $360 million in outflows last week after Federal Reserve Chair Jerome Powell signaled hesitation on future interest rate cuts. Bitcoin ETFs took the hardest hit, losing $946 million, while Solana attracted a record $421 million in inflows. Outflows followed comments from Powell indicating another rate cut in December was not assured. He warned that loosening policy too quickly could threaten progress on inflation, while slow action might weigh on economic growth. Investors viewed his remarks as hawkish, dampening hopes for swift monetary…
aura token, aura price aura solana, why is aura surging. Photo by BeInCrypto Digital asset investment products saw $360 million in outflows last week after Federal Reserve Chair Jerome Powell signaled hesitation on future interest rate cuts. Bitcoin ETFs took the hardest hit, losing $946 million, while Solana attracted a record $421 million in inflows. Outflows followed comments from Powell indicating another rate cut in December was not assured. He warned that loosening policy too quickly could threaten progress on inflation, while slow action might weigh on economic growth. Investors viewed his remarks as hawkish, dampening hopes for swift monetary…
