Author: MNK News
In brief The American Federation of Labor and Congress of Industrial Organizations warned Monday the Responsible Financial Innovation Act provides only “the facade of regulation” while weakening worker protections and consumer safeguards. The labor federation’s letter comes as Senate Republicans push for a floor vote in November. Union officials criticized provisions letting FDIC-insured banks directly trade crypto and enabling tokenized securities to bypass SEC oversight. The largest federation of trade unions in the United States has thrown a wrench into the Senate’s most ambitious crypto legislation to date, warning the bill lacks worker protections and would enable the industry to…
Bitcoin price struggled to surpass $126,200 and corrected gains. BTC is now consolidating near $122,000 and might aim for a recovery wave. Bitcoin started a downside correction below the $125,000 level. The price is trading below $124,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance at $123,500 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 $120,500 zone. Bitcoin Price Corrects Gains Bitcoin price extended gains above the $124,000 zone. BTC climbed above the $125,000 and…
In stark contrast to the broader resurgence in the cryptocurrency market, where many assets are approaching or exceeding record highs, the XRP price finds itself in a precarious position. The altcoin has consistently failed to breach its nearest resistance level at $3, resulting in a retracement to crucial support levels that are vital for preventing a significant correction and further declines. XRP Price Struggles As Bitcoin Hits New High While Bitcoin (BTC) recently celebrated a new all-time high above $126,000, Ethereum (ETH) is inching closer to its own record of $4,900, and Binance Coin (BNB) mirrors Bitcoin’s ascent with prices…
MILAN: Gennaro Gattuso said on Tuesday that that he felt heartache over the two-year-long war in Gaza ahead of two 2026 World Cup qualifiers, one of which will be against Israel. The Azzurri take on Estonia in Tallinn on Saturday but all eyes are on the following clash with Israel in Udine next Tuesday, after mass pro-Palestinian protests were held across Italy last week. On Friday — a day of strike action in support of the Palestinians — demonstrators went to Italy’s national training centre in Florence to demand the match be called off, and there will be more protests…
If you’re on the market for a Kindle, Fire TV device or Echo speaker, Amazon Prime Day is basically Black Friday for you. Prime Day deals on those devices are typically the same (or very close to) the prices we see at the end of the year near the holidays. That means now is a great time to pick up a new Kindle ereader, a Fire TV Stick for streaming while traveling or an Echo speaker for your home office. As expected, almost all of Amazon’s hardware is on sale for Prime Big Deal Days; these are the best October…
Twice, Det. Sgt. Ray Aceti was at the right place at the right time to stop a scam victim from sending thousands of dollars to a fraudster through a crypto ATM.The first save was about five years ago, with a recent immigrant who’d taken out his life savings. “He was so overwhelmed by being on the phone for several hours with this fraudster who had coached him basically right to the brink of putting that money into the machine,” said Aceti, who works for Niagara Regional Police. “I said, ‘If the money goes into the machine, you’ll never see it…
Twice, Det. Sgt. Ray Aceti was at the right place at the right time to stop a scam victim from sending thousands of dollars to a fraudster through a crypto ATM.The first save was about five years ago, with a recent immigrant who’d taken out his life savings. “He was so overwhelmed by being on the phone for several hours with this fraudster who had coached him basically right to the brink of putting that money into the machine,” said Aceti, who works for Niagara Regional Police. “I said, ‘If the money goes into the machine, you’ll never see it…
The Pi Network (PI) community is heating up after a major announcement revealed that new Decentralized Finance (DeFi) features are now live on the Testnet. With the cryptocurrency currently trading around $0.26 after crashing severely in the past few months, the report of new upgrades raises the question of whether these developments could trigger a strong enough comeback to spark a 900% rally back to $2.98. Could Pi Network’s New DeFi Upgrades Spark A Rally? Pi Network’s price faced a devastating correction over the course of eight months, plunging from its February peak of $2.98 to just around $0.26 today.…
Maybe you’re not looking to snag an iPad, a robot vacuum or a VR headset this Amazon Prime Day because you’re set with what you already have. Instead, though, consider picking up a few discounted “essential” gadgets, or really, devices you don’t want to be left without in a pinch. Charging gear falls into this camp, and Anker makes some of our favorite power banks, cables, wireless chargers and more.A bunch of Anker’s gear is on sale for October Prime Day, making now a great time to stock up. Personally, I always end up getting an extra charging cable or…
Bitcoin lost more than 4% during Tuesday’s active US session, barely holding above $120k. It stabilised on Wednesday at the start of the day in the $121-122K range, turning July’s resistance area into support. On the buyers’ side, gold and stock indices are at historic highs. However, we also note the strengthening of the dollar index to its highest levels since early August. If this becomes a trend, a deeper decline is inevitable. Crypto News Retail investors have returned to the market amid new BTC highs. The inflow of bitcoins to the exchange from small players has jumped sharply, according…