Author: MNK News

Bitcoin price is attempting to recover above $108,500 and $108,800. BTC could rise further if there is a clear move above the $111,200 resistance. Bitcoin started a fresh recovery wave above the $108,800 resistance level. The price is trading above $109,000 and the 100 hourly Simple moving average. There was a break above a short-term channel with resistance at $108,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it trades above the $111,200 zone. Bitcoin Price Starts Fresh Increase Bitcoin price declined again below the $109,000 level. BTC…

Global macro signals are flashing both warning and opportunity for Bitcoin (BTC). On one hand, major bank Standard Chartered PLC has flagged the potential for Bitcoin to dip below $100,000 in the near term. Related Reading On the other hand, significant growth in global M2 money supply strengthens the backdrop for a longer-term upside. Short-Term Correction Predicted as Trade & Liquidity Risks Mount According to head of digital asset research Geoff Kendrick at Standard Chartered, Bitcoin could briefly fall under the $100,000 mark amid intensifying global risks, particularly the escalating U.S.–China trade tensions. BTC’s price moving sideways on the daily chart. Source: BTCUSD…

Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…

Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…

Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…

Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…

Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…

Jonathan HeadSouth East Asia correspondentPrince Group/Getty imagesJust 37 years old, Chen Zhi is accused of being “the mastermind behind a sprawling cyber-fraud empire… a criminal enterprise built on human suffering”.With his wispy goatee beard and baby-faced features, he looks even younger than he is. He has certainly become very wealthy, very quickly.Last week the US Department of Justice charged him with running scam compounds in Cambodia that stole billions in cryptocurrency from victims all over the world. The US Treasury Department has confiscated about $14bn (£10.5bn) worth of bitcoin that it says is linked to him – it said this…

Trump has previously pardoned political supporters, personal friends, and other close associates.Diddy requests pardon from Trump, the president saysPresident Donald Trump told reporters in the Oval Office that Sean “Diddy” Combs requested a pardon after his conviction in federal sex crimes.President Donald Trump’s decision to pardon Changpeng Zhao, the founder of a cryptocurrency exchange convicted of money laundering, is the most recent in a string of controversial pardon moves.Trump has pardoned or commuted the sentences of more than 1,600 people in his second term, after issuing clemency to another 237 people during his first term.White House press secretary Karoline Leavitt…

Ethereum (ETH), the second-largest cryptocurrency by market cap, continues to trade slightly below the psychologically important $4,000 price level, following the brutal drawdown on October 9, which saw the digital currency test the support at around $3,435. Ethereum Stays Above Realized Price – Bullish Momentum Soon? According to a CryptoQuant Quicktake post by contributor TeddyVision, Ethereum is trading above its Realized Price at approximately $2,300. Dubbing the price level a “fundamental support zone,” the analyst said that historically, any dips below this level have marked a capitulation phase. Related Reading For the uninitiated, Realized Price represents the average cost basis…