Author: MNK News
President Donald Trump holds most of his business assets privately, but an analysis of his official disclosures, property and financial records reveals a hefty sum of money made from cryptocurrency during his presidency.The Trump Organization earned $802 million from crypto during the first half of 2025, according to a Reuters estimate. This overtook the family’s income from traditional businesses like real estate and licensing deals, which only made up $62 million in the same period.Why It MattersThe Trump family’s increase in crypto profits represents a 17-fold increase from the same period in 2024. Financial experts say this is a significant surge,…
President Donald Trump holds most of his business assets privately, but an analysis of his official disclosures, property and financial records reveals a hefty sum of money made from cryptocurrency during his presidency.The Trump Organization earned $802 million from crypto during the first half of 2025, according to a Reuters estimate. This overtook the family’s income from traditional businesses like real estate and licensing deals, which only made up $62 million in the same period.Why It MattersThe Trump family’s increase in crypto profits represents a 17-fold increase from the same period in 2024. Financial experts say this is a significant surge,…
Rep. James Comer (R-Ky.) stood by the president as the Trump Organization faces questions over the sources of its recent cryptocurrency windfall. During a Tuesday appearance on CNN’s “The Lead with Jake Tapper,” Comer praised President Donald Trump for his “transparency” after a Reuters examination revealed his family’s business empire collected more than $800 million from sales of crypto assets in the first half of 2025.“We’re reading about this, we’re trying to digest it,” Comer told Tapper. “The difference between the way the Trump family is operating and the Biden family is, they’re admitting they’re doing this.”In 2023, Comer, the…
On-chain analytics firm Glassnode has revealed a Bitcoin price range that defines the current battleground between recent buyers and profit-takers. Bitcoin Cost Basis Distribution Shows Where Resistance & Support Are Strongest In a new post on X, Glassnode has talked about where support and resistance levels lie for Bitcoin based on the Cost Basis Distribution (CBD). This indicator basically tells us about the total amount of supply that last changed hands at the various price levels that the cryptocurrency has visited in its history. Related Reading Below is the chart shared by the analytics firm that shows the trend in…
Carlos Alcaraz arrived at the Paris Masters in rich form but the Spaniard’s campaign in the French capital came to a close much quicker than anyone expected after Britain’s Cameron Norrie pulled off a 4-6 6-3 6-4 upset. Fresh from winning titles at the US Open, the Cincinnati Open and the Japan Open, six-time Grand Slam champion Alcaraz was off his game, racking up 54 unforced errors and venting his frustration in terse exchanges with coach Juan Carlos Ferrero. It was another disappointing showing for Alcaraz at the Masters 1000 tournament, where he has never made it past the quarter-finals.…
NEW DELHI: Indian batsman Shreyas Iyer is stable and has been in touch with the team from hospital after suffering a lacerated spleen, India’s T20 skipper Suryakumar Yadav said Tuesday. Iyer, 30, sustained the injury as he pulled off a sensational catch to remove Alex Carey, a key moment in the third One-day International against Australia that India won by nine wickets in Sydney. The Indian ODI vice-captain was forced off the field and hospitalised. “I have been talking to him over the last two days, he has been replying,” Suryakumar told journalists ahead of the team’s first T20 international…
Good morning, Asia editor Nick Gordon, filling in for Allie Garfinkle. Fortune just wrapped up its Global Forum in Riyadh, Saudi Arabia. The agenda featured several financial sector luminaries: Barclays CEO C. S. Venkatakrishnan, Standard Chartered CEO Bill Winters, Circle CEO Jeremy Allaire, DBS CEO Tan Su Shan and Bridgewater founder Ray Dalio. I had to enjoy the Forum remotely this year due to another mega-event (the APEC CEO Summit in South Korea). But I made sure to tune in to Monday’s mainstage session with Eng. Khalid Abdullah Al Hussan, CEO of the Saudi Tadawul Group; Bonnie Chan, CEO of…
The Role of AI in BacktestingArtificial Intelligence adds depth and efficiency to backtesting. Manual parameter tuning and visual checks are required in traditional backtesting. But AI-based backtesting automates the whole process — from analyzing millions of data points to parameter optimization.AI can be trained on historical trading results, adjust its algorithms on the basis of new information, and even create crypto signals that notify traders of possible buy or sell opportunities based on the backtested models.For example, a backtested model for a neural network trained using Bitcoin’s history can determine repetitive patterns in price changes. It can then experiment with…
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…
21Shares on Wednesday filed for regulatory approval to launch a passive exchange-traded fund that would track the price of Hype token, a week after the company agreed to be acquired by digital assets trading firm FalconX. The U.S. Securities and Exchange Commission has been flooded with filings for ETFs tied to cryptocurrencies, as money managers and institutions seek exposure to the rapidly growing asset class via conventional platforms. In September, the regulator removed the last remaining hurdle to dozens of new spot ETFs tied to cryptocurrencies ranging from solana to dogecoin.However, SEC’s approval for the dozens of crypto ETF filings…