SKN | Bitcoin ETFs Record $430 Million in Outflows as Technology Selloff Tests Institutional Demand
Key Points: U.S. spot Bitcoin ETFs recorded $430.2 million in net outflows on Thursday, led by Fidelity’s FBTC and BlackRock’s IBIT, which together accounted for approximately 71% of withdrawals. The...
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Altcoin Season
SKN | Thailand Targets Bitget With Criminal Complaint as Planned Acquisition of Licensed Exchange Faces Regulatory Uncertainty
Key Points: Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against BG Limited, Bitget’s operating company, alleging that it provided...
SKN | Bitcoin Faces Weak Spot Demand as More Than $1 Billion in Bullish Positions Are Liquidated
Key Points: More than $1 billion in leveraged crypto positions were liquidated during the November 5 selloff, with approximately $954 million coming from...
SKN | Bitcoin Stabilizes Near $76,000 After AI-Driven Selloff as U.S. Jobs Report Takes Center Stage
Key Points: Bitcoin recovered toward $76,000 after falling to approximately $75,200 during Thursday’s technology-led market selloff. More than $1 billion in cryptocurrency derivatives...
SKN | Bitcoin Core Developer Proposes Game-Theoretic Landmines to Deter Quantum Theft Through Forfeited Collateral
Key Takeaways Economic Deterrence Framework: Bitcoin Core contributor Cory Fields presented a proposal dubbed quantum landmines on the bitcoin-dev mailing list, requiring prospective...
SKN | Crypto Exchanges Tout Cold Storage Ratios as Binance Hot-Wallet Breach Spurs Custodial Shakeup
Key Takeaways Aggressive Custodial Disclosures: Major digital asset exchanges, led by Coinbase and Gate, have published granular reserve storage breakdowns to calm institutional...
SKN | Asian Crypto Exchanges Strengthen Security as AI-Assisted Cyberattacks Raise Regional Concerns
Key Points India’s CERT-In identified CRAFTY FALCON as an active threat actor targeting cryptocurrency exchanges and financial institutions, while South Korea is reviewing...
SKN | French Hill Wins Reelection but Faces Loss of House Financial Services Chairmanship
Key Points Republican French Hill won reelection in Arkansas’ 2nd Congressional District, defeating Democratic challenger Chris Jones. Hill is expected to lose his...
Don't Miss
SKN | Bitcoin Rebounds After U.S. Midterm Sell-Off as DeFi Tokens Lead Crypto Market Recovery
Key Points: Bitcoin recovered from approximately $75,600 to around $78,300, reversing its initial decline after Democrats secured control of Congress in the November...
SKN | AI Infrastructure Stocks Face Political and Valuation Pressure as Elon Musk Raises the Prospect of Space-Based Data Centers
Key Points: Democratic victories in the U.S. midterm elections have raised concerns about tighter restrictions on data centre construction, adding another challenge for...
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SKN | Can Decentralized Smartphone Networks Provide an Alternative to AI Data Centers?
Key Points: Smartphones as Distributed Computing Infrastructure: Decentralized AI projects are attempting to turn unused mobile devices into distributed computing networks. Acurast reports more than 335,000 smartphones onboarded, with approximately...
SKN | Trump Media Moves $342 Million in Collateralized Bitcoin to Crypto.com Amid Refinancing Deadlines
Key Takeaways Significant On-Chain Flow: Wallets attributed to Trump Media & Technology Group moved 4,259 Bitcoin, valued at approximately 342 million dollars, to...
SKN | India Issues Critical Cyber Alert as AI-Powered Hackers Target Crypto Exchanges at Machine Speed
Key Takeaways State-Level Threat Warning: India’s Computer Emergency Response Team, known as CERT-In, designated the AI-assisted hacking syndicate CRAFTY FALCON as an escalating...
SKN | Circle’s $182 Million ARC Token Sale Boosts Earnings as Lower Yields Pressure USDC Revenue
Key Points Circle recognized $182 million in revenue from its ARC token presale, helping drive diluted earnings per share to $0.84, compared with...
SKN | Riot Shares Surge on $28 Billion AI Lease as Hut 8 Falls on Revenue Miss
Key Points Riot Platforms shares climbed more than 13% after the company announced a 15-year, 910-megawatt data center lease valued at approximately $28...
SKN | Crypto PACs Prepare for 2028 as Democratic Control of Congress Raises Regulatory Stakes
Key Points Cryptocurrency-backed political action committees spent approximately $176 million across 100 congressional races during the 2026 election cycle, with Fairshake and affiliated...
SKN | BitMart Founder Warns of Severe Security Staffing Shortages Following New Hack
Key Points: Security Team Understaffed: BitMart founder Sheldon Xia acknowledged that the exchange’s security department is severely understaffed following internal restructuring and difficulties...
SKN | Bitcoin and Ethereum Advance as Crypto Market Capitalization Reaches $2.68 Trillion
Key Takeaways: The total cryptocurrency market capitalization climbed to $2.68 trillion, with Bitcoin and Ethereum recording gains over the 24-hour period. Ethereum outperformed...
SKN | Circle Beats Q3 Earnings Expectations as USDC Activity Surges, Despite 5% Workforce Reduction
Key Points: Circle reported $865 million in third-quarter revenue and reserve income, up 17% year-over-year and above analysts’ expectations of approximately $778 million....
SKN | THORChain’s RUNE Rallies 10% as North Korean Hackers Resume Moving Binance Stolen Funds
Key Points: THORChain’s RUNE token gained approximately 10% as the North Korea-linked TraderTraitor group resumed moving cryptocurrency attributed to the $6.4 billion Binance hack through the cross-chain protocol. The attackers...
