Finance
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SKN | Charles Schwab to Launch Spot Bitcoin and Ether Trading for Retail Investors
Key Points: Schwab to launch spot Bitcoin and Ether trading. Retail clients will access crypto via a dedicated account. Move signals deeper integration...
SKN | Tether Launches $150M Recovery Plan for Drift Protocol After $280M Hack
Key Points: Tether commits $150M to Drift Protocol recovery. Program aims to restore funds after $280M exploit. Drift to switch from USDC to...
SKN | Bitcoin vs Gold in 2026: Evaluating the Better Hedge in a Shifting Macro Landscape
As global markets navigate inflation concerns, geopolitical uncertainty, and evolving monetary policy, the debate between Bitcoin and gold as preferred hedge assets has...
SKN | Drift Secures $148M Backing Led by Tether, Transitions to USDT in Strategic Stablecoin Shift
Decentralized exchange Drift has secured $148 million in funding led by Tether and strategic partners, while simultaneously transitioning away from Circle’s USDC in...
SKN | Bitcoin Funding Rates Turn Most Negative Since 2023, Signaling Potential Market Bottom Formation
Bitcoin derivatives markets are flashing a notable signal, with funding rates turning sharply negative to levels not seen since 2023. The shift reflects...
SKN | Morgan Stanley Bitcoin Fund Surpasses WisdomTree in Rapid Early Flows, Signaling Accelerating Institutional Demand
Key Takeaways Morgan Stanley’s Bitcoin fund has overtaken WisdomTree in assets within just six trading days, highlighting aggressive early institutional allocation The rapid...
SKN | US Crypto Tax Reform Debate Intensifies as Cato Calls for Scrapping Capital Gains Tax to Boost Digital Asset Competition
Key Takeaways Cato Institute’s proposal to eliminate crypto capital gains tax has reignited debate over U.S. digital asset competitiveness and capital formation Market...
SKN | Tech Stocks Lift Nasdaq and S&P 500 to Records as Bitcoin Hits $75K
Key Points Nasdaq and S&P 500 hit record highs on tech rally. Bitcoin climbs to $75K amid broader risk-on sentiment. Iran de-escalation optimism...
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SKN | Proposed CLARITY Act Ethics Rules Would Bar US Officials From Issuing or Endorsing Crypto Tokens Until 2029
Key Takeaways Proposed ethics provisions in the CLARITY Act would prohibit certain US government officials from issuing, sponsoring, or promoting digital tokens through...
SKN | Crypto Political Action Committee Invests $1 Million in Michigan Democratic Primary as Digital Asset Policy Gains Influence
Key Takeaways A cryptocurrency-focused political action committee has committed $1 million to a Michigan Democratic primary race, highlighting the industry’s expanding political engagement....
