Finance
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SKN | Crypto Market Update: Nevada Blocks Kalshi, Brazil Delays Tax Rules, ETH Whale Returns
Key Points Nevada temporarily blocked Kalshi from offering event-based contracts in the state. Brazil paused its crypto tax policy discussions until after the...
SKN | CFTC Clarifies Rules for Using Crypto as Collateral in Derivatives Markets
Key Points The CFTC has clarified how crypto can be used as collateral under its pilot program. Bitcoin and Ether face a 20%...
SKN | Bitcoin Faces Downside Risk as Correlation With Stocks Signals Potential 50% Drop
Key Points Bitcoin’s correlation with the S&P 500 has turned positive again, raising downside risks. Historical patterns show BTC has dropped around 50%...
SKN | Bitcoin Slips Below $69K as Geopolitical Shock Triggers $299M Liquidations
Key Points Bitcoin fell below $69,200 after renewed geopolitical tensions involving Iran. Around $299 million in liquidations hit crypto markets, with longs making...
SKN | Ethereum Signals Potential 25% Upside as Whale Wallets Return to Profit, Reinforcing Bullish Momentum
Ethereum (ETH) is showing signs of renewed strength as on-chain data indicates that the largest holders—commonly referred to as “whales”—have returned to a...
SKN | $6 Million Access: High-Stakes Political Fundraising Signals Deepening Ties Between Capital, Influence, and Crypto Markets
The reported cost of up to $6 million for a private lunch with Donald Trump underscores the escalating price of political access in...
SKN | Grayscale Targets Retail Brokerage Boom with New Products Tapping Crypto Trading Frenzy
Grayscale Investments is positioning itself to bring the latest wave of crypto trading activity directly into traditional brokerage accounts, signaling a continued convergence...
SKN | Bitcoin Options Flash Extreme Fear as Downside Hedging Premium Hits Record High, VanEck Reports
The Bitcoin options market is signaling elevated stress levels as the cost of downside protection surges to an all-time high, according to recent...
Don't Miss
SKN | Bitcoin Mining Pool Poolin Files for Chapter 11 Bankruptcy Amid Industry Restructuring
Key Points Bitcoin mining pool Poolin and two US affiliates have filed for Chapter 11 bankruptcy in the United States. The company is...
SKN | Coinbase Enables AI Agents to Make USDC Payments, Expanding Crypto’s Role in Automated Commerce
Key Takeaways Coinbase has introduced tools allowing businesses to accept USDC payments initiated by artificial intelligence agents. The development connects stablecoin infrastructure with...
