Finance
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SKN | Crypto Exchanges Brace for Pressure as Banks Like JPMorgan Move Toward Spot Trading
Key Points U.S. regulators have clarified that national banks can broker crypto trades as riskless principals without holding assets. JPMorgan’s exploration of crypto...
SKN | CoinDesk 20 Performance Update: Uniswap Slides as Broad-Based Selling Hits Index
The CoinDesk 20 Index moved lower on Tuesday as selling pressure spread across the entire benchmark, reflecting a cautious tone across digital asset...
SKN | Bitcoin’s Growing Roadblock: Trendline From $126,000 Caps the Upside
Bitcoin’s late-year recovery attempt is once again running into a familiar barrier. On Monday, the world’s largest cryptocurrency failed to hold gains above...
SKN | Bitcoin Miner Capitulation Could Signal a Market Bottom Is Forming, VanEck Says
Recent signs of stress among Bitcoin miners may be setting the stage for a potential market bottom, according to analysis from asset manager...
SKN | Bitmine’s Ethereum Holdings Top 4 Million ETH After $40 Million Accumulation Push
Bitmine has crossed a symbolic and strategic threshold in the Ethereum market after adding roughly $40 million worth of ETH to its balance...
SKN | JPMorgan Explores Crypto Trading for Institutions as Wall Street’s Stance Continues to Shift
Key Points JPMorgan is evaluating crypto spot and derivatives trading for institutional clients, according to a Bloomberg report. The move reflects rising client...
SKN | BNB Lags Crypto Peers Near $860 as Binance Faces Renewed Regulatory Scrutiny
BNB has underperformed the broader digital asset market, hovering near $860 even as major cryptocurrencies staged a modest recovery. The muted price action...
SKN | BlackRock Flags Bitcoin ETFs as a Key 2025 Theme Despite Price Weakness
BlackRock has reaffirmed its conviction in bitcoin exchange-traded funds (ETFs) as a core investment theme for 2025, even as the cryptocurrency navigates a...
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SKN | Bakkt Stock Jumps 20% as Stablecoin Payments Deal Signals Strategic Pivot
Key Points Bakkt shares jumped over 20% after announcing a $178 million stock-based deal to acquire Distributed Technologies Research. The acquisition strengthens Bakkt’s...
SKN | Vitalik Buterin Proposes “Walkaway Test” to Future-Proof Ethereum Against Quantum Threats
Ethereum co-founder Vitalik Buterin has outlined a new framework dubbed the “walkaway test”, designed to assess whether the blockchain could remain secure in...
