Finance
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SKN | White House Signals Limited Stablecoin Incentives in Third Crypto–Bank Meeting, Shaping Regulatory Outlook
The White House convened its third high-level meeting with crypto executives and major banking representatives this week, floating the idea of limited incentives...
SKN | Eric Trump Reaffirms $1 Million Bitcoin Vision as Prices Hover Below $70K
Key Points • Eric Trump renewed his prediction that bitcoin will eventually reach $1 million, saying he has “never been more bullish.” • ...
SKN | UAE Builds $344M Paper Gain From Sovereign Bitcoin Mining Stockpile
Key Points The United Arab Emirates is sitting on an estimated $344 million in unrealized profit from approximately 6,782 BTC mined through state-linked...
SKN | Fed’s Neel Kashkari Slams Crypto as ‘Useless,’ Questions Stablecoin Utility Amid Regulatory Crossroads
Minneapolis Federal Reserve President Neel Kashkari reignited debate over digital assets this week, calling cryptocurrency “utterly useless” and dismissing stablecoins as little more...
SKN | Mike McGlone Revises Bitcoin Bear Case to $28,000, Easing $10,000 Call Amid Market Pushback
Bloomberg Intelligence strategist Mike McGlone has moderated his previously controversial $10,000 bitcoin downside target, now suggesting a more tempered floor near $28,000 following...
SKN | Crypto ETF Flows Diverge: Bitcoin, Ether and XRP Funds See Outflows as Solana Attracts Fresh Capital
Exchange-traded funds tracking bitcoin, ether, and XRP recorded renewed net outflows this week, while Solana-linked ETFs moved in the opposite direction, drawing fresh...
SKN | Trump-Linked WLFI Jumps 10% on Major Stablecoin Partnership, Outpaces Bitcoin and Ether
Key Points • WLFI climbed around 10% after a $3.5 trillion asset servicer announced plans to pilot World Liberty Financial’s USD1 stablecoin for...
SKN | Hanwha Invests $13M in ‘Seedless’ Crypto Wallet Developer to Expand Tokenization Push
Key Points • Hanwha Investment & Securities committed roughly $13 million to U.S.-based wallet infrastructure firm Kresus. • The funding will accelerate enterprise-grade...
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SKN | Coinbase Expands Into Stocks and ETFs, Signaling Strategic Shift Beyond Crypto Trading
Coinbase is broadening its platform to include U.S. stock and ETF trading, marking a significant step in its evolution from a pure-play crypto...
SKN | Over 400,000 BTC Accumulated Between $60K–$70K as Investors Step In During Latest Bitcoin Pullback
More than 400,000 BTC were accumulated in the $60,000 to $70,000 range during bitcoin’s latest downturn, according to on-chain analytics data. The buying...
