Finance
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SKN | XRP Volatility Falls to 2024 Lows: Calm Before Breakout or Prolonged Consolidation?
XRP has entered one of its quietest trading phases of the year, with realized volatility sliding to 2024 lows even as broader crypto...
SKN | Bitcoin Mining Difficulty Surges 15% in Largest Jump Since 2021, Defying Price Weakness
Bitcoin’s mining difficulty has climbed approximately 15% in its latest adjustment—the largest increase since 2021—even as the asset trades below recent highs. The...
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...
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...
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SKN | Tether’s Gold-Backed XAUt Token Earns Shariah Certification to Expand Islamic Crypto Finance
Key Points Tether’s gold-backed token XAUt has received Shariah certification from Amanah Advisors, confirming its compliance with key Islamic finance principles. The certification...
SKN | Storj Seeks Bankruptcy Protection While Exploring Equity Option for Tokenholders
Key Takeaways Storj has filed for bankruptcy protection while evaluating an equity-based recovery path for eligible tokenholders. The restructuring highlights the financial pressures...
