Author: MNK News
BRENTWOOD, Calif. — A retired businessman from Northern California still devastated by the loss of his wife, thought he found new love.Instead, he was hooked by a cruel scam that took $1 million. Instead of a comfortable retirement in his quiet neighborhood, he lost all of his savings — and now may lose his home, too.Larry Sorenson returns home to an empty house each day, still grieving the loss of his wife of 35 years.”Losing her was tough. It was tough,” he said. “I cried every day. It was real love. And, and, you know, I lost that.””Rhonda and I…
Grayscale Investments kicked off trading of a new Solana-focused ETF on Wednesday, adding a staking feature that passes network rewards to investors. Related Reading The fund, now listed on NYSE Arca as the Grayscale Solana Trust ETF (GSOL), was converted from a closed-end vehicle that first launched in 2021. From Closed-End Trust To ETF According to Grayscale, the move makes the firm one of the largest Solana exchange-traded product managers in the US by assets under management. The converted ETF lets ordinary brokerage accounts hold SOL exposure while receiving staking rewards tied to the network. Inkoo Kang, Grayscale’s Senior Vice…
The inaugural Esports Olympics scheduled to be held in 2027 will no longer be hosted by Saudi Arabia, the International Olympic Committee announced on Thursday. The IOC and the Saudi National Olympic Committee “mutually agreed that they will end their cooperation on the Olympic Esports Games”, a statement said. The first Esports Games was originally slated to be held this year in Riyadh but were postponed in February. The Saudis were guaranteed the hosting of the Games for 12 years from 2025, when the agreement was first announced by the IOC in July last year. Then-IOC president Thomas Bach had…
Australia skipper Alyssa Healy returned from injury and elected to bat against India in the second semi-final at the Women’s World Cup on Thursday. Holders Australia, who are unbeaten at the tournament and favourites, made two changes in overcast conditions on the outskirts of Mumbai at DY Patil Stadium. Wicketkeeper-batter Healy, who missed the last two league matches with a calf injury, and Sophie Molineux come in at the expense of Georgia Voll and Georgia Wareham. Seven-time champions Australia come into the match with six wins in their seven league games, the other being a washout. But India skipper Harmanpreet…
The negative market sentiment has spread rapidly, and the Dogecoin price continues to range around $0.2 as a result. This puts the meme coin in a perilous position that could see its decline deepen from here. One thing that could make a difference would mean a rise in momentum, but volume is already down by a significant amount, so this route has remained a problem. Another major problem is the resistance mounting at $0.21 that could stop any recovery rally in its tracks. What Happens If The Dogecoin Price Breaks $0.218 Crypto analyst Diana Sanchez has highlighted the bullish potential…
The race to acquire blockchain infrastructure is picking up speed, according to U.S. bank Citizens.Citizens said it expects the pace of mergers and acquisitions across digital assets to accelerate from here in a new research report.The analysts noted that the digital-asset industry’s technical complexity, talent shortages, and stringent compliance demands make acquisitions the most practical path for incumbents. Meanwhile, digital-native companies gain scale, customer reach, and regulatory credibility by joining larger financial networks.Mastercard (MA) is in advanced talks to buy ZeroHash for as much as $2 billion and that Coinbase (COIN) is nearing a similar-sized deal for London-based BVNK, according…
A promising 17-year-old Australian cricketer died on Thursday after being struck by a ball, with his family saying they were “utterly devastated”. Ben Austin was in the nets with a helmet on before a Twenty20 game in Melbourne on Tuesday when he was hit in the neck while facing a ball-throwing device. He was rushed to hospital in critical condition. “We are utterly devastated by the passing of our beautiful Ben, who died earlier on Thursday morning,” his father Jace Austin said in a statement. “This tragedy has taken Ben from us, but we find some comfort that he was…
Despite recent interest rate cuts by the Federal Reserve on Wednesday, Bitcoin’s price reacted unexpectedly, declining when many anticipated a rise. However, market analyst Crypto Birb has identified ten indicators suggesting a potential surge may be on the horizon. Bitcoin Price Holds Above Key Moving Averages At the time of the expert’s post, BTC traded at $112,000. He pointed that with exchange-traded funds (ETFs) gaining traction and market fear subsiding, the Bitcoin price appears to be consolidating before a significant upward movement, indicating that a breakout is imminent. Currently, the Bitcoin price trades comfortably above the 50-week simple moving average…
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…
Cryptocurrencies have revolutionized the finance sector by providing borderless, open, and decentralized value exchange systems. Volatility is, however, arguably one of the largest hurdles that Bitcoin and Ethereum, among other cryptocurrencies, are faced with. Their values can change exponentially within a few hours, making them unsuitable for routine transactions or as a stable store of value.This is where Stablecoins fill in — digital currencies meant to stabilize their value by pegging against an asset reserve like fiat money, commodities, or even other digital currencies. Within several different stablecoin categories, crypto-collateralised stablecoins have been the focal point for uniting decentralization with…