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SKN | Bitcoin Falls Below $70,000 as Oil Surge and Fed Pause Pressure Global Risk Assets

Bitcoin (BTC) slipped below the $70,000 threshold, retreating amid a sharp rise in oil prices and renewed uncertainty surrounding the Federal Reserve’s policy...

SKN | Fairshake Faces First Major Setback After $10M Illinois Campaign Miss

Key Points Fairshake spent over $10 million opposing a candidate who ultimately won her primary. The loss marks one of the PAC’s first...

SKN | Crypto Traders Eye Relief Rally After Fed Holds Rates Steady

Key Points Crypto traders are anticipating a potential relief rally after the Fed held interest rates steady. Market sentiment turned bullish despite indicators...

SKN | XRP Treasury Firm Evernorth Moves Toward Nasdaq Listing With SEC Filing — Institutional Access to XRP in Focus

Key Takeaways Evernorth has filed with the SEC to advance a Nasdaq listing, positioning itself as a public XRP treasury vehicle. The move...

SKN | Ethereum Targets 13-Second Transfers With New Fast Confirmation Rule

Key Points: • Ethereum’s proposed Fast Confirmation Rule (FCR) could cut bridge times to about 13 seconds. • The upgrade aims to reduce...

SKN | Kraken Pauses IPO Plans as Market Conditions Weigh on Crypto Listings

Key Points: • Kraken has paused its IPO plans despite filing confidentially with the SEC in November. •  Weak crypto market conditions and...

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    Finance

    SKN | Trump Pressures Fed’s Powell for Immediate Rate Cuts Despite Market Expectations

    Key Points Donald Trump is urging the Federal Reserve to cut interest rates immediately, calling for a special meeting. Markets overwhelmingly expect no...

    SKN | Abra Plans Nasdaq Debut via $750M SPAC Merger with New Providence

    Key Points: • Abra plans to go public through a reverse merger with New Providence Acquisition Corp. III. • The transaction values the...

    SKN | Bitcoin Beats Gold and Stocks as Institutional Buying Fuels Market Strength

    Key Points: • Bitcoin climbed roughly 7% last week, outperforming gold and global equity markets during geopolitical volatility. • Institutional ownership through spot...

    SKN | Bitcoin Approaches $75,000 After Nearly 25% Rebound From February Low

    Bitcoin (BTC) is approaching the $75,000 level, marking a nearly 25% recovery from its February bottom as momentum returns to the broader cryptocurrency...

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    SKN | Ethereum Surges 8.8%, Leading CoinDesk 20 Index Higher as Crypto Market Gains Momentum

    Ethereum (ETH) posted a strong rally, climbing approximately 8.8% and emerging as the top performer within the CoinDesk 20 Index. The move helped...

    SKN | Michael Saylor’s Strategy Adds $1.57 Billion in Bitcoin, Expanding One of the Largest Corporate BTC Holdings

    Strategy, the business intelligence firm led by Michael Saylor, has significantly expanded its Bitcoin treasury strategy, purchasing approximately $1.57 billion worth of BTC...

    SKN | Study Shows Bitcoin Resilient: 72% of Subsea Cables Would Need to Fail to Disrupt Network

    Key Takeaways Bitcoin’s decentralized architecture makes it largely immune to global subsea cable failures, with research indicating that 72% would need to be...

    SKN | Crypto Markets Brace as U.S. Moves to Curtail Stablecoin Yield — Global Alternatives Could Emerge

    Key Takeaways U.S. regulatory efforts to ban direct yield on stablecoins could push yield-bearing activity offshore or into decentralized finance. Market participants anticipate...

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      Frequently Asked Questions

      What is cryptocurrency (crypto)?

      Cryptocurrency is a type of digital or virtual currency secured by cryptography. It exists on decentralized networks (often based on blockchain technology), meaning it’s not issued or controlled by a central authority like a bank or government.

      Blockchain is the underlying technology behind most cryptocurrencies. It’s a distributed, cryptographically-secure ledger (database) where transactions are recorded in “blocks.” Once validated and added, these blocks form a chain — hence “blockchain.” This design helps ensure transparency, security, and decentralization.

      People typically buy or trade cryptocurrencies on crypto exchanges or platforms that support crypto transactions. After buying, users store crypto in digital wallets (which can be online or offline). Note that because many cryptocurrencies are volatile, you should research and understand risks before investing.

      Cryptocurrency values are often driven by market demand, speculation, news, and overall sentiment. Because crypto lacks the stability and regulation of traditional fiat-backed assets and is relatively new compared to traditional financial instruments, price swings tend to be larger. This makes crypto both potentially rewarding — and risky.

      Cryptocurrencies come with several risks. Their values can be highly volatile, meaning prices can rise or fall rapidly. Also, crypto transactions are typically irreversible — if you send crypto to the wrong address or to a scammer, there’s usually no recourse. Furthermore, because the space can be under-regulated (depending on country and platform), there’s a higher risk of fraud or security issues. Many advise careful research and only investing what you’re willing to lose.

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