Finance
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SKN | Bitcoin Falls Below $60,000 as Rare Consecutive Quarterly Losses Loom
Key Points Bitcoin dropped below $60,000, extending weekly losses to nearly 7%. The cryptocurrency is on track for a rare second consecutive quarterly...
SKN | SBI’s $289 Million Bitbank Acquisition Signals Japan’s Accelerating Crypto Consolidation
Key Points SBI Holdings’ planned $289 million acquisition of Bitbank reflects accelerating consolidation within Japan’s regulated cryptocurrency market. Investment bank Architect Partners said...
SKN | Polymarket Hack Losses Climb to $3.1 Million as Platform Moves Forward With Full User Refunds
The financial impact of the recent Polymarket security breach has grown to approximately $3.1 million, according to updated estimates released just days after...
SKN | Ripple CEO Backs Bitcoin’s Long-Term Future but Questions Saylor’s Influence on Crypto Markets
Ripple CEO Brad Garlinghouse reaffirmed his long-term confidence in Bitcoin while arguing that Michael Saylor’s highly leveraged Bitcoin accumulation strategy has introduced unnecessary...
SKN | Tether Expands Beyond Stablecoins With $23 Billion Gold Reserve Backing New Bullion Lending Strategy
Tether, the issuer of the world’s largest stablecoin, is broadening its financial services ambitions by leveraging its massive $23 billion gold reserve to...
SKN | Binance Founder CZ Says AI Boom, Geopolitical Risks, and Market Cycles Are Driving Crypto’s 2026 Weakness
The cryptocurrency market has endured one of its most challenging periods in recent years, with Bitcoin, Ethereum, and major altcoins remaining under pressure...
SKN | Strategy Trades Below the Value of Its Bitcoin Holdings as Investor Confidence Faces New Test
Strategy, the largest corporate holder of Bitcoin, has entered an unusual phase in which its market valuation has fallen below the estimated value...
SKN | Weekly Cryptocurrency Market Overview (June 22–June 26, 2026): Defensive Capital Flows Return as Bitcoin and Ethereum Extend Weekly Declines
Key Points: Bitcoin declined 5.35% during the week to approximately $60,497.58 as investors shifted toward defensive positioning amid renewed macroeconomic uncertainty. Ethereum fell...
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SKN | Ethereum Foundation Spins Out Privacy Team as EthSystems to Accelerate Enterprise Blockchain Development
The Ethereum Foundation has separated its privacy-focused research team into an independent organization called EthSystems, marking a strategic shift in the development of...
SKN | Bitcoin Drops 50% From Record High as Historical Cycles Offer Insight Into the Next Market Phase
Bitcoin has declined approximately 50% from its all-time high, placing the world’s largest cryptocurrency in one of its deepest corrections since institutional adoption...
