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SKN | BitMine Deepens Ethereum Bet With $98M Buy as Treasury Losses Top $8B

Key Points •  BitMine Immersion Technologies acquired 51,162 ether last week, increasing its total holdings to more than 4.42 million ETH. •  The...

SKN | Crypto.com Secures Conditional U.S. Charter for Federally Regulated Custody Bank

Key Points •  Crypto.com has received conditional approval from the U.S. Office of the Comptroller of the Currency to establish Foris Dax National...

SKN | Anthony Pompliano’s ProCap Financial Initiates Strategic Buyback Program Amid Crypto Market Consolidation

ProCap Financial, the investment vehicle led by crypto entrepreneur Anthony Pompliano, has initiated a share buyback program, signaling a tactical capital allocation shift...

SKN | Vitalik Buterin Increases Ether Sales, Prompting Fresh Scrutiny of Insider Activity

Ethereum co-founder Vitalik Buterin has accelerated the pace of his ether (ETH) sales, according to on-chain data, drawing attention from institutional investors amid...

SKN | Bitcoin Rebounds to $66,000 After Overnight Crypto Rout as Liquidations Subside

Bitcoin stabilized near $66,000 after a sharp overnight selloff that wiped billions from the broader digital asset market. The rebound follows a wave...

SKN | Bitcoin ETFs Extend 5-Week Decline as Metaplanet Pushes Back Against Allegations: Hodlers Digest Feb. 15–22

Bitcoin-focused exchange-traded funds continued their five-week downward trend, with total assets under management declining approximately 3.8% over the period, reflecting investor caution amid...

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    Finance

    SKN | White House Signals Limited Stablecoin Incentives in Third Crypto–Bank Meeting, Shaping Regulatory Outlook

    The White House convened its third high-level meeting with crypto executives and major banking representatives this week, floating the idea of limited incentives...

    SKN | Eric Trump Reaffirms $1 Million Bitcoin Vision as Prices Hover Below $70K

    Key Points •  Eric Trump renewed his prediction that bitcoin will eventually reach $1 million, saying he has “never been more bullish.” • ...

    SKN | UAE Builds $344M Paper Gain From Sovereign Bitcoin Mining Stockpile

    Key Points The United Arab Emirates is sitting on an estimated $344 million in unrealized profit from approximately 6,782 BTC mined through state-linked...

    SKN | Fed’s Neel Kashkari Slams Crypto as ‘Useless,’ Questions Stablecoin Utility Amid Regulatory Crossroads

    Minneapolis Federal Reserve President Neel Kashkari reignited debate over digital assets this week, calling cryptocurrency “utterly useless” and dismissing stablecoins as little more...

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    SKN | Mike McGlone Revises Bitcoin Bear Case to $28,000, Easing $10,000 Call Amid Market Pushback

    Bloomberg Intelligence strategist Mike McGlone has moderated his previously controversial $10,000 bitcoin downside target, now suggesting a more tempered floor near $28,000 following...

    SKN | Crypto ETF Flows Diverge: Bitcoin, Ether and XRP Funds See Outflows as Solana Attracts Fresh Capital

    Exchange-traded funds tracking bitcoin, ether, and XRP recorded renewed net outflows this week, while Solana-linked ETFs moved in the opposite direction, drawing fresh...

    SKN | Trump-Linked WLFI Jumps 10% on Major Stablecoin Partnership, Outpaces Bitcoin and Ether

    Key Points • WLFI climbed around 10% after a $3.5 trillion asset servicer announced plans to pilot World Liberty Financial’s USD1 stablecoin for...

    SKN | Hanwha Invests $13M in ‘Seedless’ Crypto Wallet Developer to Expand Tokenization Push

    Key Points • Hanwha Investment & Securities committed roughly $13 million to U.S.-based wallet infrastructure firm Kresus. • The funding will accelerate enterprise-grade...

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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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