Finance
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SKN | UK Regulator Considers Allowing Retail Funds to Hold Up to 10% Crypto Exposure
Key Takeaways The UK’s financial regulator is evaluating a framework that could permit retail investment funds to allocate up to 10% of assets...
SKN | Bitcoin Rebound Signals Valuation Discount, but $162 Million in Bid Liquidity Suggests Further Downside Risk
Key Takeaways Bitcoin’s recent recovery has renewed discussions about whether the asset is trading below fair value after a sharp correction. Order book...
Bitcoin ETF Outflows Reach $1.7 Billion as Institutional Investors Reassess Risk
Key Points: • Spot Bitcoin ETFs recorded $1.72 billion in net outflows during the week ending June 5, extending a four-week streak of...
SKN | Zcash Recovers $2.5 Billion in Market Value as Planned Supply Fix Restores Investor Confidence
Zcash (ZEC) has staged a significant recovery, adding approximately $2.5 billion in market value after developers outlined a proposed solution to concerns surrounding...
SKN | Bitcoin Rebounds as Investors Explore Its Role as a Diversifier in an AI-Dominated Market
Bitcoin staged a notable recovery after recent market turbulence, with some analysts arguing that the cryptocurrency may increasingly serve as a portfolio diversification...
SKN | XRP Hits 19-Month Low as Investors Assess Whether Ripple’s Token Can Regain Momentum
XRP has fallen to its lowest level in approximately 19 months, intensifying debate among investors about whether the cryptocurrency can stage a meaningful...
SKN | Is Bitcoin’s $60,000 Floor About to Break? Mounting Macro Risks Keep Bears in Control
Key Points: • Bitcoin continues to hold above the crucial $60,000 support level despite its lowest weekly close since October 2024. • Analysts...
SKN | Can NFTs Still Hold Value? White Hats Rescue $500,000 in Digital Collectibles After Flooring Protocol Exploit
Key Points White-hat developers recovered 68 NFTs worth more than $500,000 after an exploit affected Flooring Protocol. CryptoPunks and Bored Ape Yacht Club...
Don't Miss
SKN | ONDO Surges as Ondo Finance Launches DTCC-Backed Tokenized Stocks Platform
The ONDO token rallied after Ondo Finance unveiled a new platform for tokenized U.S. stocks supported by infrastructure from the Depository Trust &...
SKN | Strategy Pauses Bitcoin Purchases as Capital Management Takes Priority
Strategy, formerly known as MicroStrategy, has temporarily paused its aggressive Bitcoin acquisition strategy, prompting renewed discussion about the company’s long-term capital allocation plans....
