Author: MNK News
Key Takeaways Over $300 million was liquidated in the crypto markets due to volatility triggered by the Federal Reserve Chair’s FOMC speech. Lower interest rates may push investment into cryptocurrencies and other alternative assets. Share this article The crypto market faced $300 million in liquidations in the past hour as Federal Reserve Chair Jerome Powell delivered remarks during the Federal Open Market Committee speech, triggering immediate volatility across digital assets.The liquidations reflect heightened market sensitivity to central bank communications, as traders respond rapidly to policy signals from the Federal Reserve’s policy-making body.The Fed on Wednesday decided to reduce the federal…
Key Takeaways Over $300 million was liquidated in the crypto markets due to volatility triggered by the Federal Reserve Chair’s FOMC speech. Lower interest rates may push investment into cryptocurrencies and other alternative assets. Share this article The crypto market faced $300 million in liquidations in the past hour as Federal Reserve Chair Jerome Powell delivered remarks during the Federal Open Market Committee speech, triggering immediate volatility across digital assets.The liquidations reflect heightened market sensitivity to central bank communications, as traders respond rapidly to policy signals from the Federal Reserve’s policy-making body.The Fed on Wednesday decided to reduce the federal…
Key Takeaways Over $300 million was liquidated in the crypto markets due to volatility triggered by the Federal Reserve Chair’s FOMC speech. Lower interest rates may push investment into cryptocurrencies and other alternative assets. Share this article The crypto market faced $300 million in liquidations in the past hour as Federal Reserve Chair Jerome Powell delivered remarks during the Federal Open Market Committee speech, triggering immediate volatility across digital assets.The liquidations reflect heightened market sensitivity to central bank communications, as traders respond rapidly to policy signals from the Federal Reserve’s policy-making body.The Fed on Wednesday decided to reduce the federal…
WASHINGTON (AP) — In the tumultuous political climate marked by this year’s assassinations of conservative activist Charlie Kirk in Utah and Democratic legislators in Minnesota, younger adults are less worried about political violence than older adults, according to a new AP-NORC poll.About 4 in 10 U.S. adults are concerned about political violence directed at conservatives or liberals, the poll from The Associated Press-NORC Center for Public Affairs Research found, but anxiety about violence on either side of the political spectrum is lower among young adults.There’s also a substantial partisan divide, with Republicans and Democrats expressing high concern about violence against…
What to Know: $XRP is holding $2.65 with critical support at $2.62 and resistance at $2.75. Experts predict a potential run to $3 if the key resistance level is broken. XRP ETF approval hopes and Fed rate cut fueling market optimism. Smart money is flowing into utility-focused presales ahead of altcoin season. $XRP is once again ignoring the broader market while Bitcoin and Ethereum decline red. Currently hovering above $2.65 with a cheeky 1.5% gain, $XRP didn’t get the memo that everyone else is having a bad time. According to crypto expert CRYPTOWZRD, $XRP needs to stay above the $2.62…
The second part of the year has seen a notable surge in the US stock market, while Bitcoin (BTC) and the broader cryptocurrency market has faced its share of uncertainty and significant corrections. With the Nasdaq recently surpassing the 26,000 mark, leading analysts are now suggesting that this milestone could be a clear indicator for Bitcoin to finish the year at new highs. What Historical Patterns Indicate According to experts at The Bull Theory, the pattern observed with the Nasdaq reaching all-time highs typically suggests a flow of liquidity, an increased risk appetite, and a shift of capital into growth…
Persistent rain forced the opening Twenty20 clash between Australia and India to be abandoned on Wednesday, leaving Suryakumar Yadav stranded on 39 and Shubman Gill on 37. After being sent in on a chilly Canberra night, the visitors raced to 97-1 off 9.4 overs before being forced off for a second time by the weather with no more play possible. India got off to a solid start with their newest T20 sensation Abhishek Sharma signalling his intent immediately, advancing down the wicket to Josh Hazlewood on his first ball. He clobbered four boundaries in a quick-fire 19, but the gung-ho…
Polymarket. Kalshi. Truth Social? It looks like Donald Trump’s social network is getting into the prediction market space. On Monday, Truth Social’s parent company, Trump Media and Technology Group Corp., announced that the social media platform would be the first such site to launch its own prediction market. The prediction market will be called “Truth Predict.” Truth Social announced an “exclusive arrangement” that sees the company partnering with Crypto.com to make the prediction market happen.“We are thrilled to become the world’s first publicly traded social media platform to offer our users access to prediction markets,” said Trump Media Chairman and CEO Devin…
With the revaluation of the existing six Pakistan Super League (PSL) franchises set to complete, the current team owners will have the right to match it to retain their ownership or walk away, the league’s chief operating officer Salman Naseer said on Wednesday. Independent auditors Ernst & Young (EY) are to deliver the final valuation report this week, Salman confirmed, setting a new benchmark price for a 10-year extension. “Once it’s ready, each franchise that’s in full compliance with its contractual obligations will be presented with the new valuation figures,” Salman said during a press conference at the National Bank…
When OpenAI launched its TikTok-like Sora app, a key feature was “Cameo” that allows people to add any likeness to videos they generate. Now the maker of Cameo, an app that allows you to buy short videos from celebrities, has filed a lawsuit accusing OpenAI of violating its trademark by using the same name, Reuters reported. It claims that OpenAI’s use of “Cameo” is likely to cause consumer confusion and dilute its brand.”Via the conduct alleged in this Complaint, OpenAI has knowingly co-opted a well-established, federally registered trademark, ignoring… the clear risk of consumer confusion, and the irreparable harm that…