Finance
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SKN | Ethereum’s Glamsterdam Upgrade Reaches Final Development Phase as Network Scalability Efforts Advance
Ethereum’s Glamsterdam upgrade, one of the network’s most significant development initiatives in recent years, has entered its final stage before deployment. The milestone...
SKN | Bitcoin and Ethereum Extend Weekly Gains as Institutional Demand Supports Crypto Market Recovery
Bitcoin (BTC) and Ethereum (ETH) traded significantly higher this week compared with the previous week, reflecting improving sentiment across digital asset markets as...
SKN | Moody’s Brings Credit Ratings Onchain Through Solana, Advancing the Tokenized Asset Market
Moody’s has expanded its presence in digital finance by introducing credit ratings on the Solana blockchain, marking a significant step in the growing...
SKN | Bitcoin Layer-2 Networks Face a Market Reality Check as Growth Expectations Meet Bear Market Conditions
Bitcoin Layer-2 (L2) networks, once viewed as a major growth frontier for expanding Bitcoin’s functionality, are confronting a more challenging environment as cryptocurrency...
SKN | US Congress Housing Bill Deal Includes CBDC Ban Through 2030, Marking Major Regulatory Signal for Digital Assets
Key Takeaways US lawmakers reached a bipartisan housing bill agreement that includes a prohibition on central bank digital currency (CBDC) development until 2030....
SKN | Bitcoin Climbs Above $67,000 After Geopolitical Breakthrough, but Traders Question Sustainability of the Rally
Key Takeaways Bitcoin surged past $67,000 following reports of a US-Iran peace agreement, triggering a broad risk-on move across financial markets. Improved geopolitical...
SKN | Hyperliquid Open Interest Jumps 32% in a Week as Traders Eye the Next Phase for HYPE
Key Takeaways Hyperliquid’s open interest has surged 32% over the past week, signaling growing trader participation and capital inflows. Rising derivatives activity reflects...
SKN | Illinois Approves First-of-Its-Kind Crypto Transaction Tax Despite Industry Backlash
Key Points • Illinois has approved a new 0.2% tax on cryptocurrency transactions as part of its $55.9 billion state budget package. •...
Don't Miss
SKN | Bitmine Earns $46 Million From Ethereum Staking as Institutional Strategy Accelerates
Key Points Bitmine generated $45.7 million in Ethereum staking and validation revenue during the latest quarter. Staking accounted for 98% of the company’s...
SKN | US Freezes $131 Million in Iran-Linked Cryptocurrency as Middle East Conflict Escalates
Key Points The US Treasury froze more than $131 million in cryptocurrency tied to Iran’s central bank. Four Tron-based USDT wallets were frozen...
