Author: MNK News
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one…
Earlier today, Ethereum (ETH) slid below the psychologically important $4,000 level for the first time since August 8. The fall in ETH’s price can be attributed to a mix of macroeconomic, structural, and crypto-specific factors. Ethereum Dips Below $4,000, Analyst Explains Why According to a CryptoQuant Quicktake post by contributor Arab Chain, ETH’s latest descent below $4,000 can be blamed on a complex mix of factors. First, a strong US dollar, coupled with the Federal Reserve’s (Fed) cautious stance following its September rate cut, dampened risk appetite. Related Reading Furthermore, rising bond yields and the increasing risk of a US…
Bitcoin price extended losses after it traded below $112,500. BTC is now consolidating losses and might decline again to test the $108,500 support zone. Bitcoin started a fresh decline below the $112,500 zone. The price is trading below $111,500 and the 100 hourly Simple moving average. There are two bearish trend lines forming with resistance at $110,500 and $113,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it stays below the $113,000 zone. Bitcoin Price Dips Further Bitcoin price failed to start a recovery wave and stayed below…
Since launching in March and listing on the Nasdaq earlier this month, Eric and Donald Trump Jr.’s company, American Bitcoin, has been one of — if not the — fastest growing companies in the country. And, Eric told me, the Trump family — no stranger to superlatives—is hoping to break a few more records. “We’ve created one of the great Bitcoin companies anywhere in the world,” Eric said. “And we’re doing it on American soil using American energy.” American Bitcoin (ABTC), which gives investors access to both Bitcoin itself and the mining process, went public by merging with Gryphon Digital Mining —…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career…
Ripple (XRP) and Solana (SOL) are bullish. SOL is on pace for a 5× surge toward $1,000, while XRP could multiply 6x, reaching $5–$6. But one newcomer is gobbling up attention with projections most would call absurd: Little Pepe (LILPEPE). With over $25 million raised, more than 15.5 billion tokens already sold at just $0.0022, LILPEPE might just be the best crypto to invest in 2025, according to ChatGPT’s pick. After climbing above $3.00 in September, XRP now trades around $3.02, signaling renewed confidence among institutions and retail traders alike. Technical indicators are leaning bullish as XRP broke out of…
WASHINGTON (AP) — President Donald Trump said Thursday that he will put import taxes of 100% on pharmaceutical drugs, 50% on kitchen cabinets and bathroom vanities, 30% on upholstered furniture and 25% on heavy trucks starting on Oct. 1.The posts on his social media site showed that Trump’s devotion to tariffs did not end with the trade frameworks and import taxes that were launched in August, a reflection of the president’s confidence that taxes will help to reduce the government’s budget deficit while increasing domestic manufacturing.While Trump did not provide a legal justification for the tariffs, he appeared to stretch…
Dark Defender, a prominent XRP analyst, has drawn significant attention to the token, suggesting that XRP may be setting up a move that could take the market by surprise. Despite its struggle to decisively break above the $3 mark, XRP is now forming a Falling Wedge pattern that signals the potential for a powerful breakout by October. Falling Wedge Signals XRP Breakout By October In a recent XRP price analysis, published on Monday, Dark Defender noted that the third-largest cryptocurrency has once again respected its key support levels at $2.85, despite being rejected at $3.13. The XRP price tapped into…
ETF expert Nate Geraci, also the President of Nova Dius Wealth, made a bold prediction that the approval of generic listing standards for Crypto ETFs, could be a death-knell for digital asset treasury firms like MicroStrategy (MSTR), Metaplanet (MTPLE), Bitmine (BMNR), etc. He cited a WSJ article that notes that unusual trading activity in crypto treasury deals has drawn strong attention from US regulators. Crypto ETFs Could Challenge DATs As per the latest report from Wall Street Journal, financial regulators are reviewing unusual trading activity in the shares of companies that have adopted cryptocurrency as a core part of their…
President Donald Trump signed an executive order Wednesday approving a deal to allow TikTok to continue operating in the United States, as the Chinese app becomes majority-owned by American interests in a new joint-venture company. The deal involves TikTok’s Chinese parent company, ByteDance, selling the social media app’s U.S. operations to a consortium of American investors, Breitbart News reported earlier this week. American technology giant Oracle, co-founded by centibillionaire Larry Ellison, will be entrusted to retrain the formerly Chinese-controlled TikTok algorithm “from the ground up” to create a separate, more secure version for U.S. users, according to Bloomberg. Trump continued…
