Author: MNK News
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…
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…
DENVER (AP) — After months of extraordinary steps to ensure his party maintains control of the U.S. House of Representatives in next year’s midterms, President Donald Trump is turning his sights toward the voting process in next week’s elections.That pivot is raising alarm among Democrats and others who warn that he may be testing strategies his administration could use to interfere with elections in 2026 and beyond.Late last week, Trump’s Department of Justice announced it was sending election monitors to observe voting in one county in New Jersey, which features a race for governor that Trump has become deeply invested…
By Francisco Rodrigues (All times ET unless indicated otherwise)The crypto market is struggling to find stable ground after Federal Reserve Chair Jerome Powell, speaking after the central bank cut the interest rate by 25 basis points, suggested another reduction in December isn’t guaranteed.Bitcoin BTC$111,502.81 is down 2.5% over the last 24 hours to $110,200, while the broader market as measured by the CoinDesk 20 (CD20) index lost 1.7%.While Wednesday’s reduction was expected, Powell’s hesitancy about further easing sparked a pullback in risk assets. The move came even as President Donald Trump signaled trade tensions with China are easing.The turbulence led…
Ethereum price started a downside correction below $4,120. ETH is moving lower below $4,000 and might decline further if it trades below $3,880. Ethereum started a downside correction below $4,050 and $4,000. The price is trading below $4,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,880. Ethereum Price Dips Further Ethereum price failed to stay in a positive zone and started a fresh decline, like Bitcoin. ETH price declined…
Crypto analyst VisionPulsed argues that Dogecoin is entering a seasonal window of strength in November—conditional on a broader “risk-on” handoff from US equities to crypto and, critically, Bitcoin maintaining support at a key moving average. In an Oct. 28 video update focused on Dogecoin, he linked the coin’s near-term upside to a now-familiar sequence: S&P strength → Russell 2000 catch-up → Ethereum breakout → DOGE momentum. “November could be repeating itself where we get a big push in November,” he said, citing what he frames as a recurring pattern of late-October bottoms followed by November reversals in recent years. He…