SKN | Bitcoin ETF Outflows and Ethereum Weakness Test Crypto Market Resilience as Stablecoin Rules Advance
Key Points: Bitcoin traded at $80,362.40 with a market capitalization of $1.61 trillion, while its seven-day decline of 1.55% reflected renewed pressure from...
SKN | Wells Fargo, Cisco and Marvell Push Back as 22 Companies Object to OKXICE Tokenized Stock Plan
Key Points: Six additional companies, including Wells Fargo, Cisco Systems, Marvell Technology, Arm Holdings, Intuit, and Moderna, have objected to the proposed OKXICE...
SKN | Argentina Drops Criminal Probe Into Milei Over LIBRA Memecoin Collapse: What It Means for Crypto Investors
Key Points: An Argentine federal judge dismissed the criminal investigation into President Javier Milei, his sister Karina Milei, and U.S. businessman Hayden Davis...
SKN | Strategy and Strive Face a Bitcoin Funding Dilemma as Preferred-Stock Dividends Rise
Key Points: Strategy and Strive are using perpetual preferred stock to finance Bitcoin acquisitions, with the securities supporting purchases of nearly 136,000 BTC...
SKN | Bitcoin Falls Below $80,000 as U.S. Evacuations Raise Middle East Risk Fears
Key Points: Bitcoin fell below $80,000 for the first time in more than a month as escalating Middle East tensions pressured cryptocurrency markets....
SKN | Why Microsoft, Google and McDonald’s Rejecting Tokenized Stocks Is Not the End of Tokenization
Key Points: Microsoft, Alphabet (Google), and McDonald’s are among major companies objecting to having their shares listed on a proposed tokenized-stock venue backed...
SKN | U.S. CLARITY Act Stalls: Could Asia and the Middle East Become the Next Crypto Hubs?
Key Points: Regulatory uncertainty in the United States could encourage digital-asset businesses to expand into Asia, the Middle East, and Bermuda, according to...
SKN | IRS Plans Lower Voluntary Disclosure Penalties for Crypto Tax Violations
Key Points: IRS Plans Program Overhaul: The agency aims to introduce revised voluntary disclosure procedures before December, with a target of resolving cases...
SKN | New York Seeks $1.37 Billion From NovaTech Crypto Founders Over Alleged Investment Fraud
Key Points: New York Attorney General Letitia James is asking a court to order NovaTech founders Cynthia and Eddy Petion, the company and...
SKN | Oil Surges Toward $117 as Iran Tensions Raise Fears of a Stock and Crypto Market Sell-Off
Key Points: Brent crude reached $117.42 per barrel on Friday, October 23, its highest level since April, as escalating Middle East tensions raised...
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SKN | Bitcoin Lending and Yield Could Unlock New Institutional Demand, RootstockLabs Says
Key Points: RootstockLabs estimates that only 1.5% of Bitcoin’s supply currently participates in lending and Bitcoin-native finance, while identifiable institutional investors hold approximately...
SKN | Phase Blockchain Launches With $45 Million Commitment From Unlimit Founder
Key Points: Phase has launched its blockchain with a $45 million funding commitment from Unlimit founder Kirill Eves, intended to support the project’s...
