Finance
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SKN | Crypto Flows and Regulation Shift Market Dynamics for Bitcoin, Altcoins, and ETFs
The cryptocurrency market experienced notable developments today, including nearly 5 billion dollars in outflows from crypto investment products over the past four weeks,...
SKN | Ondo Expands Tokenized Treasury Reserves With $25M Purchase of Figure’s YLDS Stablecoin
Move Broadens Backing for $777M Tokenized Treasury Fund as Crypto-Backed Lending Surges Ondo Finance has added $25 million of Figure Technology Solutions’ yield-bearing...
SKN | Crypto Markets Cheer as Amazon Commits $50B to AI Infrastructure
A major boost to crypto sentiment came after Amazon announced a plan to invest up to $50 billion in AI and supercomputing infrastructure via AWS....
SKN | CME Crypto Futures Volume Soars to Record 795K Contracts Amid Market Turbulence
A surge in volatility across crypto markets has driven CME Group’s crypto futures and options trading to a new high, with 794,903 contracts...
SKN | Revolut Hits $75B Valuation as Coatue, NVIDIA and Fidelity Join Landmark Share Sale
Fintech Giant’s Secondary Deal Underscores Investor Confidence After Record Year Revolut has reached a $75 billion valuation after completing a secondary share sale...
SKN | Crypto Markets Stagnate in ‘Extreme Fear’ as Bitcoin Tests Critical Levels
Sentiment Remains Fragile While Altcoins Lag Under Liquidity Stress Crypto markets held steady on Monday after a turbulent week that drove major tokens...
SKN | NYSE Clears Path for Grayscale’s DOGE and XRP Spot ETFs Launching Monday
The New York Stock Exchange (NYSE) has approved the listing of Grayscale Investments’s spot ETFs for Dogecoin (ticker GDOG) and XRP (ticker GXRP),...
SKN | Crypto Market Retreat Deepens as Bitcoin Slides and Sentiment Hits Freeze
The crypto market entered a deeper phase of decline as Bitcoin slipped toward the US $84 000 zone and altcoins followed suit, marking one of...
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SKN | Meta Loses $175 Billion in Market Value as Rising AI Costs Trigger Investor Repricing
Meta Platforms saw approximately $175 billion wiped from its market capitalization after updated projections revealed significantly higher-than-expected spending on artificial intelligence infrastructure. The...
SKN | Bitcoin Encounters $80,000 Resistance as Derivatives Signal Rising Risk Aversion
Bitcoin is approaching a critical technical threshold near the $80,000 level, where increasing resistance and shifts in derivatives positioning are signaling growing risk...
