SKN | Bitcoin ETF Outflows Hit $635 Million as October Returns to Negative Territory
Key Points US spot Bitcoin ETFs recorded $635 million in net withdrawals on Thursday, reversing the previous day’s $528 million in inflows. Monthly...
SKN | Malaysia and Thailand Join Singapore’s Cross-Border Stablecoin Initiative
Key Points Bank Negara Malaysia and the Bank of Thailand have joined Singapore’s BLOOM initiative as policymaker members. The public-private initiative aims to...
SKN | Circle Shareholder Sues Trump, World Liberty Financial and Steve Witkoff Over UAE-Linked Crypto Deals
Key Takeaways A Circle shareholder alleges that transactions involving World Liberty Financial and UAE-linked entities violated the Constitution’s Foreign Emoluments Clause and harmed...
SKN | Pentagon Bars US Military Personnel From Using Classified Information to Bet on Prediction Markets
Key Takeaways The Pentagon has prohibited US military personnel from using nonpublic military information to place bets on prediction markets, addressing concerns about...
SKN | Switzerland Approves First Retail Spot Bitcoin ETF, Expanding Regulated Crypto Access
Key Takeaways Swiss regulator FINMA approved the country’s first retail investment fund that invests directly in Bitcoin, with the product expected to begin...
SKN | Circle Stock Rallies 44% in 90 Days as USDC Enters the AI Payments Race: Is CRCL Undervalued?
Key Points: Circle Internet Group (NYSE: CRCL) announced a collaboration with Proof to connect verified digital identity with automated purchases settled in USDC....
SKN | Do You Pay Taxes on Crypto You Haven’t Sold? What Bitcoin Investors Need to Know
Key Points: Under U.S. federal tax rules, cryptocurrency is generally treated as property, meaning unrealized gains on assets that investors simply hold are...
SKN | Bitcoin, Ethereum and Solana Slide as Wall Street’s Risk-Off Move Hits Crypto Markets
Key Points: Bitcoin (BTC) fell 3.29% to $81,263.73, while Ethereum (ETH) declined 3.64% to $2,381.38 and Solana (SOL) dropped 3.27% to $103.31 on...
SKN | Bitcoin and Ethereum Erase Early Gains as Oil Prices Stay Above $111: What Comes Next for Crypto?
Key Points: Bitcoin fell from $84,024.44 at the open to $81,809.90 by 7:15 a.m. ET on October 22, reversing its early advance. Ethereum...
SKN | Bitcoin and Ethereum Slide as Crypto Market Losses Broaden and Capital Concentrates in Major Assets
Key Points: Bitcoin fell 3.77% over 24 hours to $81,423.10, while Ethereum declined 3.92% to $2,394.99, contributing to a drop in total cryptocurrency...
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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...
