Author: MNK News
As the market enters a period of uncertainty after a bullish start to the week, the Dogecoin price has slipped back into a consolidation trend once again. This represents the slowdown brought about by profit-taking as investors secure their position. However, this does not mean that the favor has fallen back to the bears. In fact, the Dogecoin price remains in a bullish position, and as long as key factors continue to hold, then the meme coin could see a colorful breakout rally from here. The Broadening Wedge And What It Means Pseudonymous crypto analyst Gandalf Crypto took to the…
The UK’s Competition and Markets Authority (CMA) has officially designated Google with strategic market status (SMS) under the new digital markets competition regime. Specifically, it found that Google holds “substantial and entrenched market power and a position of strategic significance” when it comes to general search and search advertising services. The digital markets competition regime came into force on January 1, 2025 and will enable the agency to “promote competition in fast-moving digital markets, while protecting UK consumers and businesses from unfair or harmful practices by the very largest technology firms.”So what does getting the “strategic market status” designation mean,…
After an impressive rally that propelled Bitcoin (BTC) to new heights above $126,000, the cryptocurrency market is now facing a wave of uncertainty. Major cryptocurrencies, including BTC, have seen a retracement to critical support levels, leaving many investors questioning the market’s direction. Bitcoin And Ethereum Prices Projected To Skyrocket Market expert Ash Crypto recently shared insights on social media platform X (formerly Twitter), suggesting that this pullback serves to liquidate bullish positions, particularly among retail investors. He predicts a potential rebound in mid-October, expressing optimism that the market will rally significantly by the end of the month. Related Reading According…
The womens-only track start-up Athlos is gaining traction in its second year in New York, adding new sponsors, expanding its programme with a field event, and laying the groundwork for a multi-meet calendar in 2026. The concept, which is the brainchild of Reddit founder and women’s sports entrepreneur Alexis Ohanian, appears to be going from strength to strength. “We had probably 3X, probably 4X revenue this year, as a result of the fact that we were able to declare victory with that first event,” said Ohanian, who said 3 million tuned in for the inaugural 2024 meet. View this post…
China’s antitrust regulator has opened an investigation into Qualcomm’s acquisition of Israeli connected-vehicle chip company Autotalks. The State Administration for Market Regulation (SAMR) alleges that Qualcomm is suspected of violating China’s anti-monopoly laws by not disclosing certain details of the deal.Qualcomm had initially agreed to acquire the fabless chip company in 2023 to expand its Snapdragon portfolio into more automotive applications. Autotalks creates chips, sensors and vehicle-to-everything (V2X) communication tech centered in part on safety for vehicles. It has been a few months since the acquisition was finalized, with the new probe coming amid trade negotiations between the United States…
Morgan Stanley, one of the world’s largest wealth managers, has reportedly informed its financial advisers that all clients will be able to invest in cryptocurrency funds starting Oct. 15, CNBC reported.Advisers will be able to offer crypto funds to clients with individual retirement accounts (IRAs) and 401(k)s, a significant shift from the previous policy that restricted access to high-net-worth investors with over $1.5 million in assets and an aggressive risk profile.The move could unlock millions of dollars currently tied up in other assets, paving the way for a portion of that capital to flow into cryptocurrencies. As of June 30,…
Morgan Stanley, one of the world’s largest wealth managers, has reportedly informed its financial advisers that all clients will be able to invest in cryptocurrency funds starting Oct. 15, CNBC reported.Advisers will be able to offer crypto funds to clients with individual retirement accounts (IRAs) and 401(k)s, a significant shift from the previous policy that restricted access to high-net-worth investors with over $1.5 million in assets and an aggressive risk profile.The move could unlock millions of dollars currently tied up in other assets, paving the way for a portion of that capital to flow into cryptocurrencies. As of June 30,…
A judge has tossed Drake’s lawsuit against Universal Music Group (UMG), filed against the label after it released Kendrick Lamar’s Grammy-winning track “Not Like Us.” Drake contended that UMG spread defamatory claims that he was a pedophile, made secret payments, and offered reduced licensing rates to promote Lamar’s diss track. But U.S. District Judge Jeannette Vargas dismissed Drake’s case on Thursday, saying that Lamar’s track is “nonactionable opinion” and not defamation. Drake was signed to Republic Records and Lamar was with Interscope Records. But both are under the UMG umbrella. So, Drake was more-or-less suing his own label. Drake maintained…
WASHINGTON (AP) — President Donald Trump was passed over for the Nobel Peace Prize on Friday despite jockeying from his fellow Republicans, various world leaders and — most vocally — himself.Venezuelan opposition leader María Corina Machado was awarded the prize. The Norwegian Nobel Committee said it was honoring her “for her tireless work promoting democratic rights for the people of Venezuela and for her struggle to achieve a just and peaceful transition from dictatorship to democracy.”The White House responded bitterly, with communications director Steven Cheung saying members of “the Nobel Committee proved they place politics over peace” because they didn’t…
What to Know: Arthur Hayes predicts Bitcoin’s traditional four-year cycle is officially over Fed rate cuts and global liquidity expansion create unprecedented bullish conditions Bitcoin Hyper presale surges past $22.9M as investors position for new market paradigm Arthur Hayes, the crypto billionaire pardoned by President Trump, just dropped a manifesto declaring Bitcoin’s sacred four-year cycle officially deceased. RIP to the most reliable pattern in crypto, apparently. In his latest Substack post, dramatically titled Long Live the King, the former BitMEX boss argues that everything we thought we knew about Bitcoin’s cyclical behavior is misguided. The macroeconomic tea he’s spilling actually…