Author: MNK News
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Crypto Whales React as Bitcoin, Ethereum Crash on Tariff Fears. Photo by BeInCrypto The first day of the month is already revealing where crypto whales are placing their bets for gains in November. Across several tokens, major players are increasing their positions even as markets remain volatile. What stands out is how whales are moving differently across sectors, from privacy tokens to decentralized exchanges and even SocialFi projects — hinting at where early strength could surface this month. Crypto whales appear to be lining up behind Railgun (RAIL). It is one of the few tokens seeing strong accumulation for potential…
Ethereum (ETH) remains under pressure, trading below the $4,000 mark as bulls attempt to reclaim control following weeks of post-crash uncertainty. The sharp sell-off on October 10 not only flushed leveraged positions across the market but also disrupted the uptrend ETH had been building throughout the summer. Since then, price action has weakened, and momentum has shifted toward the downside, raising concerns among analysts that a deeper correction could unfold if buyers fail to defend key demand levels in the days ahead. Related Reading Despite these technical challenges, on-chain and institutional flow data tell a different story beneath the surface.…
The crypto market is beginning to display early indications that a new altcoin season could be approaching, as analysts reference historical patterns and technical signals hinting at a rebound after a lengthy slump. Although altcoins have recently lagged behind Bitcoin, bullish factors from data and macroeconomic parallels are building optimism that a change in liquidity conditions might trigger a strong market-wide rally for altcoins. Altcoin Dominance Hits Record Oversold Levels According to crypto analyst Javon Marks, altcoin dominance has entered oversold conditions for the first time in history. Marks highlighted in his post that the indicator, which measures the market…
WASHINGTON (AP) — The Pentagon has rolled out a new policy that will severely undercut the ability for transgender troops who have been banned from the armed forces by the Trump administration to turn to boards of their peers to argue for their right to stay in the military, according to a memo obtained by The Associated Press.If military separation boards decide to allow transgender service members to remain in uniform, commanders can override that decision, according to an Oct. 8 memo to all the services from the Pentagon’s undersecretary for personnel and readiness, Anthony Tata. That breaks with longstanding…
Bitcoin (BTC) tumbled below the $110,000 level in a sharp move that rattled markets and triggered a wave of short-term panic selling. The sudden decline followed an initial post-Fed volatility spike, as traders reacted to the US Federal Reserve’s 25bps rate cut and announcement of an impending end to quantitative tightening. With uncertainty still lingering, BTC briefly slipped into a risk-off spiral, testing investor conviction and flushing out leveraged positions in the process. Related Reading Despite the market turbulence, several analysts argue this move may represent a classic shakeout, rather than the beginning of a larger breakdown. Historically, Bitcoin has…
The crypto community has long referred to October as Uptober, a nickname earned through Bitcoin’s consistent history of strong monthly performances. The trend has been so reliable that the month became synonymous with price surges. Bitcoin has always closed October in profit over the previous seven years, a record streak unmatched by any other month in its history. However, October 2025 appears to be challenging that reputation. As the month draws to an end, Bitcoin is roughly 4% below its monthly open, and October might finally end in red territory for the first time since 2018. Bitcoin Might Close October…
Rockstar Games, developer of Grand Theft Auto VI, has been accused of deliberately laying off employees who were trying to unionize, Bloomberg reports. The Independent Workers Union of Great Britain (IWGB) claims over 30 employees who were eliminated at the developer’s offices in the UK and Canada were either already part of a union or attempting to organize.”Rockstar has just carried out the most blatant and ruthless act of union busting in the history of the games industry,” IWGB President Alex Marshall said in a blog post about the layoffs. “This flagrant contempt for the law and for the lives…
NEW YORK (AP) — President Donald Trump’s request to add a documentary proof of citizenship requirement to the federal voter registration form cannot be enforced, a federal judge ruled Friday.U.S. District Judge Colleen Kollar-Kotelly in Washington, D.C., sided with Democratic and civil rights groups that sued the Trump administration over his executive order to overhaul U.S. elections. She ruled that the proof-of-citizenship directive is an unconstitutional violation of the separation of powers, dealing a blow to the administration and its allies who have argued that such a mandate is necessary to restore public confidence that only Americans are voting in…
Elon Musk’s Tesla Cybertruck has been hit with its tenth recall in less than two years since the electric pickup truck’s introduction, highlighting the model’s problem-plagued run and failure to gain significant traction with consumers. Bloomberg reports that in the latest setback for Elon Musk’s Cybertruck, Tesla has issued a recall for 6,197 vehicles due to a potential issue with the installation of an off-road light bar accessory. According to a filing posted on the National Highway Traffic Safety Administration’s (NHTSA) website, the light bar can detach from the vehicle, increasing the risk of a collision. Tesla has stated that…
