Author: MNK News
Did Trump’s Tariff’s cause the crypto purge? (Photo by Chip Somodevilla/Getty Images)Getty ImagesOn October 10, 2025, the crypto markets were jolted by a shock from Trump’s tariffs on China. Per Reuters, President Donald Trump announced the imposition of 100 percent tariffs on critical software imports from China, effective November 1, along with export restrictions. The move came amid rising trade tensions over Chinese rare-earth and technology export controls.In the hours that followed, global financial markets reeled. The S&P 500 fell more than 2 percent, marking its worst single-day drop since April. Bitcoin dropped to around 104,782 dollars, an 8.4 percent…
Did Trump’s Tariff’s cause the crypto purge? (Photo by Chip Somodevilla/Getty Images)Getty ImagesOn October 10, 2025, the crypto markets were jolted by a shock from Trump’s tariffs on China. Per Reuters, President Donald Trump announced the imposition of 100 percent tariffs on critical software imports from China, effective November 1, along with export restrictions. The move came amid rising trade tensions over Chinese rare-earth and technology export controls.In the hours that followed, global financial markets reeled. The S&P 500 fell more than 2 percent, marking its worst single-day drop since April. Bitcoin dropped to around 104,782 dollars, an 8.4 percent…
Pakistan captain Shan Masood believes taking 20 wickets, rather than piling up big scores, will be key to winning the upcoming two-match Test series against South Africa, as the hosts prepare spin-friendly conditions for the opener at the Gaddafi Stadium from Sunday. Speaking at the pre-series press conference at the venue on Saturday, Shan said Pakistan’s focus was on creating result-oriented pitches that suit their strengths. “We don’t want flat tracks where matches end in draws,” he remarked. “Sometimes you sacrifice runs to create situations where 20 wickets are possible.” The Pakistan skipper said the approach reflected lessons from the…
According to economist Timothy Peterson, Bitcoin’s recent slide could be a short-lived wobble if October’s history repeats itself. He pointed out that drops larger than 5% in October are rare — they have occurred just four times in the past 10 years — and when they happened, Bitcoin often bounced back quickly. Related Reading Historical October Bounces Reports show the four October setbacks came in 2017, 2018, 2019, and 2021. In the week after each fall, recoveries ranged from modest to sharp: gains of 16% in 2017, 4% in 2018, and a big 21% in 2019, while 2021 was the…
Konstantin Galish, also known as “Kudo” (or Ganich), was a Ukrainian crypto influencer, trader, and entrepreneur. He was known for his work in the cryptocurrency world. He co-founded Cryptology Key, which is a trading academy involved in crypto education. On October 11, 2025, his body was found in a parked Lamborghini Urus in the Obolon district of Kyiv, Ukraine. He was 32 years old. What happened with Konstantin Galish? As per the reports by Liga.net, the police in Kyiv say they found Konstantin Galish with a gunshot wound to the head. A weapon that was registered in his name was…
Welcome to our latest roundup of what’s going on in the indie game space. Some gorgeous new games arrived this week, and we’ve got some demos and reveals from upcoming projects to take a look at. Later this month, Lorelai and the Laser Eyes studio Simogo is going to celebrate its 15th anniversary with some news and surprises. Perhaps the developer is porting some of its earlier games to more platforms. I’m hoping that we’ll learn about Simogo’s next game as well.I’m not holding out hope for a sequel to Sayonara Wild Hearts, which is my favorite game of all time…
The Bitcoin, Ethereum, and Dogecoin prices are crashing today, sparking bearish sentiment in the crypto market. This followed the U.S. President Donald Trump’s move, which has ignited fears of a full-blown trade war with China. Why The Bitcoin, Ethereum, and Dogecoin Prices Are Crashing The Bitcoin, Ethereum, and Dogecoin prices are down today, according to CoinMarketCap data. The flagship crypto has dropped to as low as $104,000 over the last 24 hours, wiping out its early October gains that led to a new all-time high (ATH) above $126,000. Ethereum dropped to as low as $3,400, while Dogecoin broke below the…
More than 1,000 wallets on Hyperliquid were completely liquidated during the recent violent crypto sell-off, which erased over $1.23 billion in trader capital on the platform, according to data from its leaderboard.In total, 6,300 wallets are now in the red, with 205 losing over $1 million each according to the data, which was first spotted by Lookonchain. More than 1,000 accounts saw losses of at least $100,000.The wipeout came as crypto markets reeled from a global risk-off event triggered by U.S. President Donald Trump’s announcement of a 100% additional tariff on Chinese imports.The move spooked investors across asset classes and…
Trump tariffs trigger massive crypto losses and market panic worldwide. Photo Credit: lonely blue via Unsplash Following the latest tariff enacted by Donald Trump on Chinese goods, the global crypto market is experiencing what is being described as the largest single-day crash in history. According to reports by crypto information and trading platform Coinglass, the announcement of the tariff has triggered liquidations for more than 1.5 million crypto traders in the past 24 hours. White House retaliation triggers worldwide crypto crash China’s Ministry of Commerce had announced on Thursday, October 9 that overseas exporters will need to acquire an export…
A consortium of major banks, including Bank of America, Citi, Deutsche Bank, Goldman Sachs, and UBS, announced on Friday that they will collaborate to explore the development of stablecoins pegged to G7 currencies. A New Era For Crypto In Mainstream Finance The renewed interest in stablecoins comes in the wake of US President Donald Trump’s endorsement of the sector, which has reignited discussions about integrating blockchain technology into mainstream finance. Currently, the stablecoin market is heavily dominated by Tether (USDT), based in El Salvador, which accounts for approximately $179 billion of the total $310 billion in stablecoins circulating, according to…