Finance
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SKN | Bitcoin Slips to $88,500 as Precious Metals Surge and U.S. Demand Weakens
Key Points • Bitcoin fell back to the $88,500 level during U.S. trading hours, extending a pattern of underperformance relative to global markets.•...
SKN | Ethereum Beats Its Own Speed Targets, but Scaling Trade-Offs Emerge
Ethereum has recently exceeded its own post-upgrade performance benchmarks, processing transactions faster and more efficiently than anticipated following a series of protocol and...
SKN | Bitcoin Stalls as Risk-Off Mood Lifts Gold While Altcoins Diverge
Bitcoin traded sideways on Tuesday as a renewed risk-off tone across global markets pushed investors toward traditional safe havens, notably gold, while the...
SKN | Binance Moves to Secure EU Crypto License in Greece Under MiCA Framework
Binance, the world’s largest cryptocurrency exchange by trading volume, has applied for a crypto-asset service provider license in Greece under the European Union’s...
SKN | Bitcoin Returns No Longer Compensate for Risk, Echoing 2022 Market Conditions
Key Points Bitcoin’s Sharpe ratio has dropped deep into negative territory, levels previously seen during the 2018–2019 downturn and the 2022 bear market....
SKN | Coinbase Lets Users Borrow Up to $1 Million Against Staked Ether Without Selling
Key Points Coinbase now allows eligible U.S. users (excluding New York) to borrow up to $1 million in USDC using cbETH as collateral....
SKN | Ethereum Mainnet Daily Active Addresses Surpass All Layer‑2 Networks, Signaling Resurgent Base Layer Usage
Ethereum’s base layer has recently seen daily active addresses exceed the combined total of top layer‑2 networks, highlighting renewed mainnet engagement. This development...
SKN | Here’s What Happened in Crypto Today: Bitcoin Below $90K as Markets Consolidate
Crypto markets showed mixed performance today as major tokens remained under pressure while broader market metrics signaled cautious investor behavior. Bitcoin dipped below...
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SKN | Celsius Bankruptcy Successor Ionic Digital Surges 26% in Nasdaq Debut, Signaling Renewed Interest in Bitcoin Mining Stocks
Key Takeaways Ionic Digital climbed 26% in its Nasdaq debut, highlighting investor appetite for publicly traded Bitcoin mining companies despite sector volatility. The...
SKN | Coinbase Says AI and Crypto Are Converging as U.S. Risks Falling Behind China
Coinbase Global (Nasdaq: COIN) is positioning the intersection of artificial intelligence (AI) and cryptocurrency as one of the next major drivers of digital...
