Author: MNK News

Ripple Labs Chief Technology Officer, David Schwartz, has offered rare and pointed clarity on what drives the XRP price value in the long term, despite the company’s recent spotlight on its new stablecoin, RLUSD. In a recent exchange with an XRP supporter on social media, Schwartz emphasized that the crypto continues to sit at the core of Ripple’s payment infrastructure, especially as the main bridge asset in cross-border transfers. XRP’s Role As A Bridge Asset Is Still Central While RLUSD plays a specific role, Schwartz reveals XRP’s utility in real financial use cases will ultimately boost its value. His comments…

You will not hear the sound of the men working on the chain gang at NFL games this year, unless something goes wrong. Instead, you will see the league’s new Hawkeye tech, which determines precise ball placement on the field. Fans got their first look at the NFL’s latest foray into the world of high-tech on Thursday night, when the system was used in the Hall of Fame game between the Lions and the Chargers. “Sony’s Hawk-Eye virtual measurement technology will serve as an efficient alternative to the process of walking chains onto the field and manually measuring whether 10…

Reddit is reversing course on its plans to put some subreddits behind a paywall, at least for now. CEO Steve Huffman said the company is “shifting resources away” from the effort as it doubles down on search.During the company’s recent earnings call, Huffman said that Reddit was “deprioritizing” its work on “user economy” initiatives in order to put more resources into turning the site into a “go-to search engine.” In a follow-up AMA on Reddit, he confirmed this includes pausing work on paid subreddits.”To stay focused on what matters most, we’re shifting resources away from a few areas, such as…

Apple posted impressive third-quarter earnings on Thursday, with revenue growing 10 percent year-over-year, marking the company’s largest quarterly revenue growth since December 2021. CNBC reports that Apple’s third-quarter earnings report exceeded Wall Street expectations, with the tech giant posting $94.04 billion in revenue and $1.57 in earnings per share. The company’s most important product, the iPhone, saw a 13 percent increase in sales, reaching $44.58 billion. Apple CEO Tim Cook attributed the strong iPhone performance to the popularity of the iPhone 16 compared to its predecessor, with sales of the latest model up “strong double digits.” In addition to the iPhone’s…

Bitcoin has broken down from the two-week consolidation range that held the market between $115,724 and $122,077, reaching a new local low near $114,000. The drop confirms a shift in short-term momentum, putting bulls on the defensive. The $117,000 level—previously a key support zone—now serves as the immediate resistance that must be reclaimed to signal a possible reversal. Related Reading The breakdown comes at a critical time, as sentiment across the market begins to shift. According to fresh data from CryptoQuant, futures sentiment turned bearish today, falling sharply before bouncing back slightly to 48%. While still close to neutral, any…

Exclusive to the Tracy Anderson brand, Rheametis introduces multidirectional, spring-based resistance for intuitive, sculptural movement and smarter strength training Tracy Anderson, the founder of the Tracy Anderson Method, has announced the launch of Rheametis, a reformer-style machine designed to transform how consumers engage with resistance training. The reformer is available exclusively at the Tracy Anderson Studio in Sag Harbor. Unlike traditional reformers, Rheametis allows resistance to move with the body, rather than against it, unlocking the potential for micro-specific muscular targeting. Anderson, whose method is known for its dynamic choreography and ever-evolving movement library, said the evolution was born from…

Nintendo has announced that the price of the original Nintendo Switch will change in the United States, citing “market conditions” as the reason for its decision. The new pricing will apply from August 3, and will affect the regular Switch, the Switch Lite and the Switch OLED, as well as select accessories for the console. Amiibo and the Alarmo alarm clock will also see price increases.The Switch 2 is not affected, nor are the prices of any games or Nintendo Switch Online memberships for Switch or Switch 2. Nintendo doesn’t rule out more wide-ranging price adjustments in the future, though.…

Whatever the merits of the controversial test, President Trump’s decision to bring it back could mark a turning point for the American fitness industry President Donald Trump signed an executive order on Thursday reinstating the Presidential Fitness Test, a sign that his administration may be serious about making fitness a bigger part of American life.  The Presidential Fitness Test had been implemented in American schools since the 1950s before being phased out by the Obama Administration in favor of the Youth Fitness Program, which focused more on individual health progress over one-size-fits-all testing.  While it’s unknown exactly how the new…

Nothing did things differently with its third generation of phones. First came the midrange Nothing Phone 3a (and 3a Pro), which combined stylish hardware with a competitive price. Now, the company has launched the Nothing Phone 3, which it’s calling its first “true flagship.” At $799, it’s Nothing’s most expensive phone yet, featuring a bigger screen, four 50-megapixel cameras and a major redesign of the company’s signature Glyph interface, which has evolved into the more compact Glyph Matrix.Nothing’s hardware design is what truly sets its phones apart from the established players, and the 2025 model is more elaborate and complex…

Google lost its appeal of a judge’s order requiring an overhaul of its app store policies in an antitrust case filed by Fortnite developer Epic Games. Epic Games CEO Tim Sweeney is celebrating the court win as a “total victory” over Google, whose app store policies he has long criticized as monopolistic. Bloomberg reports that in a major setback for Google, the 9th U.S. Circuit Court of Appeals upheld a lower court ruling on Thursday that will force the tech giant to change its restrictive Google Play app store policies. The unanimous decision affirms an injunction previously issued against Google in…