Author: MNK News
World Liberty Financial, a cryptocurrency venture supported by the Trump family, is set to introduce a debit card for crypto transactions.Crypto Debit Card To Launch By Q1 2026The CEO of World Liberty Financial, Zach Witkoff, announced the upcoming launch of a debit card at the TOKEN2049 crypto conference in Singapore. The card is expected to facilitate the use of crypto assets for everyday transactions, Reuters reported on Wednesday.“We are definitely rolling out a debit card that’ll bridge … crypto assets with everyday spending,” stated Witkoff.Witkoff disclosed that the company will initiate a pilot program in the next quarter, with the debit card set to go…
WASHINGTON (AP) — Plunged into a government shutdown, the U.S. is confronting a fresh cycle of uncertainty after President Donald Trump and Congress failed to strike an agreement to keep government programs and services running by Wednesday’s deadline.Roughly 750,000 federal workers are expected to be furloughed, some potentially fired by the Trump administration. Many offices will be shuttered, perhaps permanently, as Trump vows to “do things that are irreversible, that are bad” as retribution. His deportation agenda is expected to run full speed ahead, while education, environmental and other services sputter. The economic fallout is expected to ripple nationwide.“We don’t…
Cardano (ADA) is trading around $0.78–$0.80, struggling beneath a strong resistance at $0.83–$0.85, where the 50/100/200-day EMAs converge. Prediction markets currently assign a 91%–95% chance of U.S. Cardano spot ETF approval, with dates tentatively set for late October 2025. Related Reading This narrative has helped stabilize sentiment after September’s decline. Bulls believe institutional access could mirror BTC/ETH’s ETF strategy by increasing liquidity and expanding demand. However, options activity remains subdued, and recent long liquidations suggest traders are cautious about chasing gains before a clear breakout. If ADA closes above $0.85, potential upward targets are $0.87 (Fib 0.382) and $0.90 (Fib…
Bitwise chief investment officer Matt Hougan said crypto’s critics often miss the scale of what’s at stake, in a report published Monday.Bitcoin BTC$116,445.50, with a $2.3 trillion market value, is often compared to Amazon (AMZN), Hougan noted. But while Amazon’s worth comes from the fact that it’s used by millions every day, bitcoin’s value stems from the market it’s competing with: gold, a $25 trillion asset, the report said. Capturing less than 10% of gold’s share would justify bitcoin’s current valuation. By contrast, a startup trying to replace Amazon would need to take over its entire market.The same dynamic applies…
Billionaire Elon Musk has added his name to the mushrooming number of consumers cancelling their Netflix membership after the streaming giant’s children’s cartoon show creator Hamish Steele smeared slain conservative icon Charlie Kirk as a “Nazi.” Steele, an animator credited with creating the Netflix cartoon series Dead End: Paranormal Park, took to BlueSky after Kirk was assassinated and defamed the conservative firebrand in a vile tirade. “Why the fuck are you even commenting on this, dickhead?” Steele said on the social media platform on September 11. “You sympathy for any of the families being slaughtered by your weapons. but a random nazi gets…
Ethereum price started a recovery wave above $4,175. ETH is now consolidating and might aim for more gains if it clears the $4,240 resistance. Ethereum remained stable above $4,100 and started a recovery wave. The price is trading above $4,160 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $4,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it settles above $4,220 and $4,240. Ethereum Price Eyes Upside Break Ethereum price remained supported above the $4,050 level and started a recovery wave,…
An advertisement in Hong Kong features an illustrated President Donald Trump holding bitcoin.May James/Zuma Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. The growth of crypto—decentralized digital currency that doesn’t rely on the backing of a bank or government—is one of the most transformative financial developments of the 21st century. And yet cryptocurrencies still baffle so many. How risky of an investment is it? Where do I buy it? And, wait, what is crypto again? On this week’s More To The Story, host Al Letson sits down…
A massive Internet blackout struck Afghanistan on September 29, evidently imposed by the Taliban regime to “prevent immoral activities,” as a spokesman for the Islamist junta put it. Radio Free Europe (RFE) noted that Taliban officials were spotted “severing fiber-optic cables in multiple provinces” a few weeks ago, causing local Internet outages. On Friday, a regime spokesman in the northern province of Balkh said the cables in his region were cut on the orders of Taliban Supreme Leader Haibatullah Akhundzada. Three days later, the Internet went dark in most of Afghanistan and mobile phone service was sharply degraded. “Recent studies…
Conflux Network, which claims to be the only regulatory-compliant public blockchain operator in mainland China, has been allowed to experiment with offshore yuan stablecoins as Beijing seeks to secure a position in the new global financial order, according to its founder.Conflux had received a tacit green light from Chinese authorities to explore the development of offshore yuan stablecoins, and was aiming to have up to 300 million yuan (US$42.1 million) worth of tokens issued on its blockchain by the end of this year, its founder Fan Long said in an interview on Tuesday.“Previously, we weren’t given such opportunities,” Long said.…
Bitcoin price started a recovery wave and traded above $114,200. BTC is now consolidating gains and facing hurdles near $114,750. Bitcoin started a fresh recovery wave above the $114,000 zone. The price is trading above $114,000 and the 100 hourly Simple moving average. There is a short-term bullish trend line forming with support at $113,300 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it clears the $114,750 zone. Bitcoin Price Eyes Upside Break Bitcoin price managed to stay above the $112,000 zone and started a recovery wave. BTC…