Finance
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SKN | BitMine Immersion Faces $4B Unrealized Loss as Ether Bet Turns Deeply Negative
Key Points • BitMine Immersion is carrying more than $4 billion in unrealized losses after a 45% decline in ETH since August.• Despite...
SKN | BTC Traders Brace for Potential Crash Toward $75K as No Bottom Emerges: Research Firm Warns
Bitcoin traders are increasingly hedging for a sharp decline, with a major research firm flagging bets that the price could crash to $75,000,...
SKN | Crypto Bulls Crushed by $1.7B Liquidations as Bitcoin Rapidly Approaches $80K
Bitcoin’s November rout deepened sharply on Friday as the world’s largest cryptocurrency plunged below $85,000, triggering a wave of forced liquidations and erasing...
SKN | Japan Unveils $135B Stimulus Package as Bitcoin Extends Deepening Sell-Off
Tokyo Deploys Its Biggest Fiscal Bazooka Since COVID Japanese Prime Minister Sanae Takaichi’s cabinet approved a JPY 21.3 trillion ($135.4 billion) stimulus package...
SKN | Bitcoin ETFs Bleed Record $3.79B in November as Investors Flee Risk
Bitcoin exchange-traded funds are facing their deepest retreat since launching nearly two years ago, with U.S.-listed spot products seeing unprecedented outflows as crypto...
SKN | Bitcoin in Tug-of-War: Traders Navigate Bull-Bear Dynamics Amid Market Volatility
Bitcoin has entered a period of heightened volatility as traders weigh bullish momentum against persistent bearish pressures. With prices oscillating between $91,000 and...
SKN | Bitcoin Plummets as Big Tech AI Bubble Fears Ripple Through Crypto Markets
Bitcoin has experienced a sharp decline, dropping to levels not seen in several months, as volatility from Big Tech and concerns about an...
SKN | Bitcoin’s Nvidia‑Fueled Rally Fizzles as Price Slides Back to $88K
Bitcoin’s dramatic bounce—sparked by Nvidia’s strong earnings report—has proven to be fleeting, with the flagship cryptocurrency tumbling back to around $88,000. The reversal...
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SKN | Bitcoin Evidence Base Initiative Aims to Counter Market Misinformation as Institutional Scrutiny Intensifies
Key Takeaways A new “Bitcoin Evidence Base” initiative seeks to centralize data-driven research to counter misinformation and improve market transparency. The launch comes...
SKN | Bitcoin Faces Downside Risk as Futures-Driven April Rally Signals Fragile Market Structure
Key Takeaways Bitcoin’s April rally appears largely driven by derivatives activity rather than spot demand, raising concerns about sustainability. Futures open interest surged...
