Finance
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SKN | U.S. Treasury Opens Door for State-Level Stablecoin Rules With Strict Oversight
Key Points: U.S. Treasury seeks public input on state-level stablecoin regulations. States must meet or exceed federal standards on compliance and risk controls....
SKN | Retail Investors Dominate Strategy’s ‘Stretch’ Bitcoin Play
Key Points: Retail investors make up 80% of Strategy’s “Stretch” shares holders. Product offers Bitcoin exposure with lower volatility and steady yield. Strategy...
SKN | Franklin Templeton Expands Crypto Strategy with 250 Digital Acquisition and New Dedicated Division
Franklin Templeton is deepening its presence in digital assets with the launch of a dedicated crypto division, following its acquisition of 250 Digital....
SKN | OpenAI Secures Record $122 Billion Raise as Monthly Revenue Surpasses $2 Billion, Reshaping Tech and Crypto Narratives
OpenAI has reportedly secured a record-breaking $122 billion capital raise, with its monthly revenue exceeding $2 billion, underscoring the accelerating monetization of artificial...
SKN | Bitcoin Drawdowns Are Shrinking as Institutional Flows Reshape Market Stability
Bitcoin is exhibiting a notable shift in market behavior, with price crashes becoming less severe compared to previous cycles. The trend is drawing...
SKN | Mercado Libre Plans to Phase Out Mercado Coin Rewards Program, Signaling Shift in Corporate Crypto Strategy
Key Takeaways Mercado Libre is reportedly preparing to discontinue its rewards-based Mercado Coin program, marking a strategic pivot in its crypto engagement. The...
SKN | CFTC Enforcement Chief Signals Heightened Scrutiny on Prediction Market Insider Trading
Key Takeaways The Commodity Futures Trading Commission’s top enforcer is signaling increased oversight of insider trading in prediction markets, including crypto-linked platforms. This...
SKN | New Hampshire’s Bitcoin-Backed Bond Gets Moody’s Rating, Signals Market Debut Near
Key Points New Hampshire’s Bitcoin-backed bond receives a Ba2 rating from Moody’s. Rating places it in speculative grade due to Bitcoin volatility. Project...
Don't Miss
SKN | BitMEX Delists 65 Crypto Trading Pairs Ahead of Exchange Shutdown
Key Points BitMEX delisted 65 derivative contracts and trading pairs during July as trading activity continued to decline. The exchange cited insufficient trading...
SKN | Crypto CLARITY Act Faces Ethics Dispute as Senate Negotiations Continue
Key Points Senate Democrats are preparing a counterproposal after criticizing the ethics provisions included in the latest Crypto CLARITY Act draft. Senator Ruben...
