Global demonstrations, international negotiations, and rising conflicts drive MON to drop 14% before market opens
- MON perpetual contract fell 14.09% pre-market amid global events including Spanish protests, U.S. diplomacy, and European tensions. - Spanish flood victims demanded Carlos Mazon's resignation over delayed emergency responses, with judicial investigations ongoing. - Trump's Asia diplomacy secured Cambodia-Thailand peace pacts but faced domestic challenges like a 25-day government shutdown. - Lithuania closed Vilnius airport for the fourth time this month due to Belarusian balloon incursions, escalating re
MON perpetual contract is now priced at $0.0548 during pre-market trading, reflecting a 14.09% drop over the past 24 hours. This downturn is occurring alongside significant international developments, such as political instability in Spain, ongoing U.S. diplomatic initiatives, and heightened security concerns across Europe.
According to Reuters, massive crowds in Valencia, Spain, rallied to demand that regional leader Carlos Mazon step down, criticizing his response to the devastating floods in October 2024 that resulted in 229 fatalities.
Many demonstrators, including survivors of the disaster, accused officials of slow emergency action and called for accountability, with one individual remarking, "They could have been avoided." An official probe into the authorities' actions is still underway, and a journalist who interviewed Mazon during the floods has recently been called in for questioning, Reuters added.
Elsewhere, the Trump administration pressed forward with diplomatic outreach in Asia, as President Trump witnessed the signing of a peace agreement between Cambodia and Thailand during a tour that also included Malaysia, Japan, and South Korea, GlobeNewswire reported
These deals reaffirmed current trade arrangements, such as a 19% tariff on U.S. goods exported to those nations, and highlighted collaboration on vital minerals, according to a New York Times live update . Despite facing internal issues like a 25-day government shutdown, Trump emphasized his administration’s priorities on law enforcement and national defense, referencing drug confiscations and arrests, as noted by GlobeNewswire.Meanwhile, tensions in Europe escalated when Lithuania once again shut down Vilnius airport after balloons from Belarus entered its airspace, Reuters stated
. This is the fourth occurrence this month, with Lithuanian authorities attributing the incidents to smugglers and Belarusian President Alexander Lukashenko. The National Security Commission of Lithuania plans to review the matter in the near future, Reuters reported.In business news, Materion Corporation (MTRN) announced a quarterly dividend of $0.14 per share, highlighting its significance as a major beryllium supplier for the U.S. defense and aerospace sectors, according to Yahoo Finance
. The dividend declaration demonstrates Materion’s ongoing commitment to rewarding shareholders, even as the company faces challenges such as fluctuating raw material costs and supply chain uncertainties, Yahoo Finance noted.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Updates: Crypto Market Faces Collapse as $217M in Leveraged Positions Are Liquidated
- A top Bitcoin whale with a "100% win rate" suffered its first loss, liquidating a $250M BTC long position at $12.68M after 24 hours. - The liquidation occurred amid a $217M global crypto crash, with Bitcoin falling below $113K and Ethereum under $4K due to leveraged trading cascades. - Geopolitical shifts (U.S.-China tensions easing) and a 97.8% chance of Fed rate cuts created conflicting market pressures, while other whales added leveraged ETH positions. - Analysts warn of leveraged position fragility,
Bitcoin News Update: Undefeated Crypto Whale Faces Initial Setback, Highlighting Dangers of Leverage in Unstable Markets
- A "100% win rate" crypto whale suffered its first loss, liquidating a $2.5B BTC long at a $12.68M loss amid market volatility. - The whale now holds 10x leveraged ETH and SOL positions, while other whales scale BTC/ETH longs or open large ETH shorts via 25x leverage. - 24-hour price swings erased $600M in leveraged positions, with Bitcoin's long/short ratio stabilizing but "fragile sentiment" persisting. - Altcoin whales show divergent strategies, including a HYPE insider boosting 5x leveraged longs desp
Ethereum News Update: Individual Investors and Large Holders Face Off While Meme Coins Tackle a Turbulent 2025 Surge
- Meme coin market surges in 2025 as SPX6900 and Pudgy Penguins (PENGU) attract retail/institutional investors amid $1 price thresholds. - SPX6900 rose 13.61% with $42M volume growth, but whale selling risks $1.06 pullback despite strong derivatives activity. - Pudgy Penguins accumulates 2.8M tokens near $0.02 support, balancing NFT sales declines with Ethereum's rebound and holder retention. - MoonBull's absence from analyses highlights meme coin speculation, contrasting SPX6900/PENGU's on-chain clarity a
MetaMask’s $30 Million Reward Program Faces Off Against Bittam’s Bold Incentive Offers
- MetaMask launches $30M rewards program with tiered benefits for trading, referrals, and cross-chain activities to boost user engagement. - Competes with Bittam's $3,000 new user bonuses and 200× leverage, focusing on retention through gamified points and exclusive perks. - Expands multichain support for EVM, Solana, and Bitcoin in MetaMask Mobile 7.57, integrating Linea's Layer 2 for fee discounts and token allocations. - Potential "MASK" token speculation rises as Polymarket odds hit 35% for 2025 launch
Trending news
MoreCrypto prices
More
