Author: MNK News

ABOARD AIR FORCE ONE (AP) — President Donald Trump headed for Asia Friday night for the first time this term, a trip where he’s expected to work on investment deals and peace efforts before meeting face-to-face with Chinese President Xi Jinping to try to deescalate a trade war.“We have a lot to talk about with President Xi, and he has a lot to talk about with us,” Trump told reporters as he left the White House. “I think we’ll have a good meeting.”The president will have a long-haul flight that has him arriving in Malaysia on Sunday morning, the first…

Pantera Capital founder and CEO Dan Morehead argues the core driver of this cycle remains the same “one trade” uniting macro and crypto: fiat debasement pushing capital into scarce, higher-beta assets. In a wide-ranging conversation with Real Vision’s Raoul Pal, the pair frame the current rally—and what comes next—through the lens of policy error, structural deficits, sticky inflation, and the slow-rolling migration of institutional and sovereign portfolios into digital assets. The Debasement Trade Powers The Crypto Bull Run Morehead’s starting point is blunt: “We have full employment. Inflation is debasing our assets by 3% a year… and they’re cutting rates.…

Reports have disclosed a 400% rise in stablecoin transfers on Ethereum over the last 30 days, pushing total transfer volume to $581 billion and more than 12.5 million transfers, according to Token Terminal. Related Reading The stablecoin market cap on Ethereum now tops $163 billion. At the same time, Ethereum has fallen about 4.50% in the past week, and briefly tested support near $3,738, which some traders called a buying opportunity. Whales Step In With Large Buys On-chain trackers show heavy buying from large holders. A newly created wallet, 0x86Ed, spent $32 million to pick up 8,491 ETH in roughly…

Ethereum is struggling to push above the $4,000 level, as market sentiment remains uncertain and volatility keeps investors cautious. Despite several attempts, bulls have failed to sustain momentum, suggesting hesitation at key resistance levels. However, new on-chain data is drawing attention to potentially large-scale liquidity moves that could influence Ethereum’s next direction. Related Reading According to Lookonchain, an Ethereum OG holding 736,316 ETH (worth approximately $2.89 billion) recently deposited $500 million USDT into the vaults launched by ConcreteXYZ and Stable, just before their official announcement. This has sparked significant curiosity across the crypto community, as the transaction appears strategically timed…

XRP’s price has been showing signs of consolidation in recent days and oscillating between $2.30 and $2.50. The entire crypto market has been relatively steady, and XRP has managed to maintain its footing above $2.20.  Despite the slow momentum, a technical analysis shared by the crypto analyst known as ChartNerd on X suggests that XRP could be preparing for a massive breakout that could take it from current levels toward a long-term target above $27. The analysis is supported by a chart showing multiple confluences aligning in favor of such a large-scale move. XRP Technical Analysis Points To Rally According…

This week, we break down more good news for America’s big-box gyms, and look into the complexities surrounding the U.S.’s obesity crisis It’s a great time to be a big-box gym brand in America, especially if you’re on the low end of the pricing spectrum. This week, the Health & Fitness Association (HFA) published data showing that high-value, low-price (HVLP) and mid-priced gyms hit record visitation levels in the third quarter. HVLP gyms posted their strongest quarterly performance on record, with foot traffic 22% above pre-pandemic levels. While the successful performance of mid-priced gyms is noteworthy, bucking current industry sentiment…

WASHINGTON (AP) — The Trump administration is rejecting the idea of using roughly $5 billion in contingency funds to keep food aid flowing into November amid the government shutdown, according to a Department of Agriculture memo that surfaced Friday. States temporarily covering the cost of benefits next month will not be reimbursed, the memo says. Democratic lawmakers and various advocacy groups have been calling on the administration to use the contingency fund to provide partial benefits into November though the Supplemental Nutrition Assistance Program, commonly referred to as SNAP. But the two-page document states that “contingency funds are not legally…

The Swoosh is fusing robotics and neuroscience into its latest designs, moving wearable tech beyond tracking and into active performance We may not have flying cars (yet), but Nike’s building gear that makes the future feel closer, and its new robotic shoes might just get you there faster. The activewear giant has unveiled a slate of new technologies as it searches for a refreshed identity after a stretch of slowing sales and rising competition. The move, which unites Nike’s Innovation, Design and Product teams across Nike, Jordan Brand and Converse, is part of its new Sport Offense division, an internal “innovation…

Two federal judges have admitted that members of their staff used artificial intelligence (AI) to draft court orders over the summer that proved to be factually inaccurate. “Honesty is always the best policy,” Senate Judiciary Committee Chairman Chuck Grassley (R-IA) said in a statement released Thursday. “I commend Judges Wingate and Neals for acknowledging their mistakes and I’m glad to hear they’re working to make sure this doesn’t happen again.” The statement continued: Each federal judge, and the judiciary as an institution, has an obligation to ensure the use of generative AI does not violate litigants’ rights or prevent fair…

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…