Author: MNK News
Two of the world’s most prominent financial institutions, DBS and Goldman Sachs (GS), said they executed the first-ever over-the-counter (OTC) cryptocurrency options trade between banks, marking a major step toward institutionalizing digital assets in Asia.The trade involved cash-settled bitcoin BTC$112.984,42 and ether ETH$4003,79 options, allowing the banks to hedge exposure tied to crypto-linked products, the companies said in an email. Such transactions mirror practices long common in traditional finance, offering structured and customizable risk management tools for institutional portfolios.The milestone comes amid surging demand for digital asset derivatives. In the first half of 2025 alone, DBS clients executed more than…
Two of the world’s most prominent financial institutions, DBS and Goldman Sachs (GS), said they executed the first-ever over-the-counter (OTC) cryptocurrency options trade between banks, marking a major step toward institutionalizing digital assets in Asia.The trade involved cash-settled bitcoin BTC$113,189.83 and ether ETH$4,012.99 options, allowing the banks to hedge exposure tied to crypto-linked products, the companies said in an email. Such transactions mirror practices long common in traditional finance, offering structured and customizable risk management tools for institutional portfolios.The milestone comes amid surging demand for digital asset derivatives. In the first half of 2025 alone, DBS clients executed more than…
The Dogecoin price is fighting to hold the psychological $0.20 support as large investors continue offloading holdings and leveraged traders exit the market. The Dogecoin price briefly traded above $0.21 earlier this week, but has since slipped by more than 2%, highlighting the mounting selling pressure in the market. Related Reading: Is The Dogecoin Bull Run Over? Analyst Predicts When DOGE Rallies Again According to on-chain data, whales have sold over 500 million DOGE tokens in the past week, fueling fears of further downside. The selloff coincides with a sharp 61% drop in futures open interest, plunging from $5.03 billion…
WASHINGTON (AP) — The White House pressed U.S. Navy officials to launch 2,000-pound live bombs instead of dummy explosives during an elaborate military demonstration for the service’s 250th anniversary celebration that President Donald Trump attended, two people familiar with planning for the event told The Associated Press. One person familiar with the planning said White House officials insisted to Navy planners that Trump “needed to see explosions” instead of just a “big splash” during the Oct. 5 demonstration. Sailors watch a video board as during a sea power demonstration from the USS George H.W. Bush before President Donald Trump speaks…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
The Cardano (ADA) price is flying under the radar amid growing accumulation by large-holders (“whales”) and a technical formation that traders seldom ignore, a symmetrical triangle. Related Reading With ADA currently trading around $0.66, after briefly reaching $0.69 earlier in the week, the stage appears set for a breakout, or a breakdown. Analysts suggest that if the bullish scenario prevails, ADA could target $1 and beyond, potentially even reaching $5 or more in a longer-term move. Whale Accumulation Signals Long-Term Confidence Despite short-term price softness, on-chain data reveal that wallets holding large quantities of ADA are steadily increasing their positions.…
The Loyola University New Orleans student government has reportedly denied a request to start a Turning Point USA chapter on campus. The newly established Turning Point USA chapter at Loyola University New Orleans was denied the ability to be “recognized as an official student organization” by the school’s Student Government Association (SGA), according to a report by the student newspaper the Maroon. Being unrecognized as an official student organization means the Turning Point USA students are blacklisted from “accessing university funding or reserving campus spaces for events,” the newspaper noted. “I think just keeping our Loyola Jesuit values in mind, giving everyone the…
The 2025 Fall Classic saw a historic Game 4 between the Los Angeles Dodgers and the Toronto Blue Jays, with the Dodgers defeating the Blue Jays 6-5. The World Series continues in Los Angeles tonight — Monday, Oct. 27 — at 8PM ET/5PM PT, with the Shohei Ohtani starting Game 4 on the mound. The World Series odds favor the Dodgers ahead of tonight’s game. Every 2025 MLB World Series game will air on Fox and Fox Deportes.Of course, Fox is a “free” over-the-air channel, so any affordable digital antenna will pull in the game if you live close enough…
Nvidia CEO Jensen Huang announced that the company will build seven supercomputers for the Department of Energy with up to 100,000 chips all made in America. Huang said, “The first thing that President Trump asked me is, ‘bring manufacturing back.’” The New York Post reports that Nvidia CEO Jensen Huang made several significant announcements during the keynote address at the company’s GTC event in Washington, DC, highlighting the company’s ongoing success and its commitment to advancing e AI technology. The event, held for the first time in the US capital, signifies Nvidia’s pursuit of work with the government and contractors in the…
Bitcoin is showing early signs of strength as it attempts to reclaim the $115,000 level. After weeks of mixed sentiment and heavy selling pressure, momentum appears to be turning slightly bullish. The recent weekly close above $114,500 has confirmed a reclaim of the Short-Term Holder (STH) Realized Price, a key on-chain threshold currently sitting near $113,000. This metric represents the average cost basis of recent market participants and often serves as a pivotal line separating bullish from bearish sentiment. Related Reading Top analyst Darkfost shared that this reclaim is an encouraging signal, reflecting renewed buyer confidence after a volatile October.…