Author: MNK News
As crypto adoption increases globally, governments are grappling with the potential impacts on their financial systems and economic stability. This week, several major policy changes have impacted the crypto industry — some that hinder innovation and others that bolster it.In the US, a government shutdown has halted any consideration of crypto-focused exchange-traded funds (ETFs). Federal agencies are operating with minimal staff until Congress reaches a budget agreement.In the UK, the government has lifted a ban on crypto-based exchange-traded notes (ETNs) — debt instruments that give investors exposure to crypto without owning it. UK regulators say the crypto market is mature…
As crypto adoption increases globally, governments are grappling with the potential impacts on their financial systems and economic stability. This week, several major policy changes have impacted the crypto industry — some that hinder innovation and others that bolster it.In the US, a government shutdown has halted any consideration of crypto-focused exchange-traded funds (ETFs). Federal agencies are operating with minimal staff until Congress reaches a budget agreement.In the UK, the government has lifted a ban on crypto-based exchange-traded notes (ETNs) — debt instruments that give investors exposure to crypto without owning it. UK regulators say the crypto market is mature…
Following a new all-time high (ATH) of $126,199 on Binance, Bitcoin (BTC) is now consolidating in the low $120,000 range. Latest exchange data – such as Cumulative Volume Delta (CVD) Confirmation Score – suggests that BTC is benefitting from strong underlying demand. CVD Confirmation Shows Strong Demand For Bitcoin According to a CryptoQuant Quicktake post by contributor Arab Chain, Bitcoin’s CVD Confirmation Score – a 30-day rolling correlation between Bitcoin’s price and the CVD – is suggesting a strong resynchronization of the trend. Related Reading For the uninitiated, the CVD Confirmation Score measures the 30-day correlation between Bitcoin’s price and…
Crypto prices tumbled on Friday after Trump said he would impose an additional 100 per cent tariff on China and export controls on software. The declines precipitated – and then were made worse by – what data tracker Coinglass described as “the largest liquidation event in crypto history”.While market weakness had already been present coming into Friday, Trump’s post sparked a more than 12 per cent decline in bitcoin. The largest token, which had earlier this week reached an all-time high of more than US$125,000, was hovering below US$113,000 as of Friday night in New York.Over the past 24 hours,…
Litecoin (LTC) ripped as much as 11% to $129–$131, outpacing Bitcoin and Ethereum during a market pullback as fresh spot ETF momentum stoked bids. Trading volume exploded 143% to $1.66B, while futures open interest jumped 25% to $1.21B, signaling new leverage and renewed directional conviction. Related Reading The catalyst is linked to the growing confidence that a U.S.-listed spot Litecoin ETF could be near the finish line. Canary Capital’s updated S-1 now includes ticker LTCC and a 0.95% fee, the kind of last-mile filing detail ETF watchers say typically appears “before go-time.” With Grayscale and CoinShares also in the hunt,…
Ethereum is trading at critical price levels after a sharp 10% decline from the $4,750 mark, reflecting growing uncertainty across the broader crypto market. The recent correction has pushed ETH toward the $4,300 support zone, a level that bulls are now fiercely defending to prevent a deeper retracement. Despite the pullback, on-chain data suggests that large holders remain confident, signaling that this dip may be part of a healthy market reset rather than the start of a downtrend. Related Reading According to recent data, Bitmine continues its aggressive accumulation of ETH, adding to its holdings even as prices fluctuate. This…
GUWAHATI: New Zealand captain Sophie Devine continued her golden run of form with a gutsy 63 to help the Kiwis to their first win at the Women’s World Cup as they crushed Bangladesh by 100 runs in Guwahati on Friday. New Zealand, who last year won the T20 World Cup, had found the going tough on India’s sluggish tracks, slipping to defeats in their first two games against defending champions Australia and South Africa. But against Bangladesh, they finally hit their straps, led from the front by their talismanic skipper Devine who shared a 112-run partnership with Brooke Halliday who…
The crypto market is facing further declines following President Donald Trump’s announcement of a 100% tariff on Chinese imports, set to take effect on November 1, 2025. The measure, in response to Beijing’s export restrictions, has sparked broad selling across digital assets, intensifying market losses. Trump’s Tariff Announcement Triggers Fresh Crypto Market Selloff In a statement posted on social media, Trump said China had taken an “extraordinarily hostile” stance on trade by sending a global letter outlining new export controls. He explained that the measures would affect nearly every product the country produces and even some it does not. Trump…
The crypto market is facing further declines following President Donald Trump’s announcement of a 100% tariff on Chinese imports, set to take effect on November 1, 2025. The measure, in response to Beijing’s export restrictions, has sparked broad selling across digital assets, intensifying market losses. Trump’s Tariff Announcement Triggers Fresh Crypto Market Selloff In a statement posted on social media, Trump said China had taken an “extraordinarily hostile” stance on trade by sending a global letter outlining new export controls. He explained that the measures would affect nearly every product the country produces and even some it does not. Trump…
The Dogecoin price is battling to keep the crucial $0.25 support as a fresh wave of institutional interest builds. The newly listed 21Shares Dogecoin ETF (TDOG) gives traditional investors regulated exposure to DOGE without managing wallets or private keys, a milestone that could expand liquidity and improve price discovery. Related Reading TDOG’s appearance on mainstream market rails (via DTCC listing support and brokerage access) signals growing acceptance of meme-coin ETFs, echoing earlier adoption trends seen with Bitcoin and Ethereum funds. For portfolio managers, an ETF wrapper simplifies compliance, custody, and rebalancing, key hurdles that have historically sidelined DOGE from institutional…