Author: MNK News

Ethereum price is still struggling to settle above $4,220. ETH is now consolidating in a range and might decline sharply if there is a move below $3,880. Ethereum started a recovery wave above the $4,000 and $4,020 levels. The price is trading below $4,050 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $3,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $4,075. Ethereum Price Dips To Support Ethereum price struggled to settle above $4,200 and corrected most gains, like…

Ethereum’s high-timeframe structure exposes the fallout from the leverage massacre. Open Interest has cratered, reflecting widespread liquidation across futures markets. With leverage drained and traders shaken out, the path forward depends on whether spot demand can fill the vacuum left by the OI collapse. The recent market volatility has presented a critical opportunity to assess the underlying health of various crypto assets. In an X post, Daan Crypto Trades, a full-time crypto trader and investor, has offered a compelling analysis of Ethereum’s high-timeframe chart, specifically focusing on Open Interest (OI), which shows exactly how much speculative excess has been washed…

Five men have been arrested in London as part of an investigation into alleged crypto scams that may have cost victims more than £1m, police have said.Detectives from the Met Police’s economic crime team said the scams allegedly involved several websites claiming to offer pre-sale investment opportunities in new cryptocurrencies. Investors were promised cash returns that could more than double in value when listed on major exchanges, according to the police.However, the websites rarely had any intention to list them on exchange websites and could not guarantee returns in cash, the Met said.A London-based “boiler room” operation was then suspected…

Display screens and PA systems at four North American airports were hacked with pro-Hamas, anti-Israel messages this week. “Fuck Netanyahu and Trump,” the PA system could be heard saying. “Turkish hacker Cyber Islam was here. Telegram channel Cyber Islam. Free Free Palestine.” Viral video showed the bizarre scene unfold: According to Global News, two “B.C. airports saw major intrusions involving their information systems on Tuesday evening.” For a short time, terminal screens at Kelowna International Airport displayed what appeared to be pro-Hamas messages criticizing Israel and U.S. President Donald Trump. The public address system was also compromised. Kelowna Airport said…

Bitcoin price is struggling to settle above $113,500 and $114,000. BTC is now consolidating and might start another decline below $110,000. Bitcoin started a fresh decline after it failed to clear the $114,000 resistance level. The price is trading below $113,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $112,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it trades below the $110,200 zone. Bitcoin Price Faces Hurdles Bitcoin price started a recovery wave above the $112,500 resistance level.…

The Dogecoin weekly chart structure may be setting up for a classic Elliott Wave “third wave” advance, according to trader and market commentator Cantonese Cat (@cantonmeow), who argued that DOGE has reclaimed a critical Fibonacci level and could be transitioning from corrective price action into a new impulsive leg. Dogecoin Set For Takeoff As Wave 3 Kicks In Sharing a weekly chart, the analyst wrote: “Initially I thought DOGE wave 2 retraced to 0.5 of wave 1, which is valid, but it decided to get to 0.382 which is also possible for a wave 2 retracement. Now it’s reclaiming 0.618…

WASHINGTON (AP) — President Donald Trump confirmed on Wednesday that he has authorized the CIA to conduct covert operations inside Venezuela and said he was weighing carrying out land operations on the country.The acknowledgement of covert action in Venezuela by the U.S. spy agency comes after the U.S. military in recent weeks has carried out a series of deadly strikes against alleged drug-smuggling boats in the Caribbean. U.S. forces have destroyed at least five boats since early September, killing 27 people, and four of those vessels originated from Venezuela.Asked during an event in the Oval Office on Wednesday why he…

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 XRP price has been exhibiting a complex pattern of consolidation and retracement for weeks. However, according to prominent market analyst Egrag Crypto, there’s a critical signal to watch for that could determine whether the cryptocurrency’s bullish narrative remains intact or not. The expert’s analysis, shared on X social media, highlights that the behaviour of XRP’s 3-day candles could soon decide the direction of its next major move.  XRP Price Integrity Hinges On 3-Day Candle Closes Below $2 In his post on X, Egrag Crypto explains the “measured move breakdown” for XRP, identifying a key technical formation in the form…

Australia’s national financial intelligence agency would receive powers to restrict or ban crypto ATMs under new draft legislation in the works from the country’s minister for cybersecurity and home affairs, Tony Burke.Burke said during a speech at the National Press Club on Thursday that the draft legislation will give the Australian Transaction Reports and Analysis Centre (AUSTRAC) the ability to restrict or prohibit “high-risk products,” which include crypto ATMs. While regular bank-run ATMs are also used for scams and illegal activities, Burke said that in the case of crypto ATMs, authorities are having limited success in policing and tracking down illicit…