Finance
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SKN | Georgia Cracks Down on Illegal Crypto Mining as Power Grid Strains Under Growing Demand
Key Points: • Georgia will deploy electricity meters across Mestia to monitor and curb unauthorized cryptocurrency mining operations. • Officials report illegal mining...
SKN | Ether Could Outperform Bitcoin as Strategy’s BTC Sale Signals Shifting Institutional Dynamics, Says Standard Chartered
Ethereum may be entering a period of relative strength against Bitcoin following Strategy’s recent sale of bitcoin holdings, according to Standard Chartered digital...
SKN | XRP Slides Below $1.30 as Bitcoin Weakness Triggers Broad Cryptocurrency Market Selloff
XRP fell more than 4% and dropped below the key $1.30 level as a wave of selling pressure swept across digital asset markets...
SKN | Bitcoin Falls Below $70,000 as Derivatives Markets Signal Rising Risk and Investor Stress
Bitcoin dropped below the critical $70,000 level, triggering renewed concern across cryptocurrency derivatives markets as several key indicators began flashing warning signs for...
SKN | Stellar CEO Sees Tokenization Growth Beyond Regulation as U.S. Clarity Act Gains Momentum
Tokenization of real-world assets is likely to continue expanding regardless of whether the proposed U.S. Clarity Act becomes law, according to Stellar Development...
SKN | Crypto Treasury Inflows Plunge 95% as Investors Reassess Passive Bitcoin Holding Strategies
Capital flowing into digital asset treasury companies fell sharply in May, reaching the lowest monthly level since late 2024 and signaling a potential...
SKN | Bitcoin Falls Below $70K as Distribution Phase Returns and Extreme Fear Grips Crypto Markets
Bitcoin has fallen below the psychologically important $70,000 level for the first time since April, as mounting macroeconomic uncertainty, persistent ETF outflows,...
SKN | Mt. Gox Moves $739 Million in Bitcoin, Reviving Market Concerns Over Creditor Sell Pressure
The defunct crypto exchange transferred more than 10,300 BTC for the first time in over two months, reigniting speculation that long-awaited creditor...
Don't Miss
SKN | Allbridge Halts Cross-Chain Bridge After $1.65 Million Flash Loan Exploit
Key Points Allbridge has paused its Allbridge Core protocol following a security incident that resulted in approximately $1.65 million in losses. The attacker...
SKN | Electronic Transactions Association Sees Growing Opportunities for Bitcoin Industry Partnerships
Key Points Electronic Transactions Association (ETA) CEO Jason Oxman said Bitcoin’s innovation could encourage greater collaboration between traditional payment providers and cryptocurrency companies....
