SKN | Bitcoin Layer-2 Networks Face a Market Reality Check as Growth Expectations Meet Bear Market Conditions
Bitcoin Layer-2 (L2) networks, once viewed as a major growth frontier for expanding Bitcoin’s functionality, are confronting a more challenging environment as cryptocurrency...
SKN | Coinbase Reduces Dependence on Trading Fees as It Builds a More Diversified Crypto Business Model
Coinbase Global is accelerating its transition away from a business model heavily dependent on cryptocurrency trading fees, positioning itself to better withstand future...
SKN | US Congress Housing Bill Deal Includes CBDC Ban Through 2030, Marking Major Regulatory Signal for Digital Assets
Key Takeaways US lawmakers reached a bipartisan housing bill agreement that includes a prohibition on central bank digital currency (CBDC) development until 2030....
SKN | Bitcoin Climbs Above $67,000 After Geopolitical Breakthrough, but Traders Question Sustainability of the Rally
Key Takeaways Bitcoin surged past $67,000 following reports of a US-Iran peace agreement, triggering a broad risk-on move across financial markets. Improved geopolitical...
SKN | Hyperliquid Open Interest Jumps 32% in a Week as Traders Eye the Next Phase for HYPE
Key Takeaways Hyperliquid’s open interest has surged 32% over the past week, signaling growing trader participation and capital inflows. Rising derivatives activity reflects...
SKN | Illinois Approves First-of-Its-Kind Crypto Transaction Tax Despite Industry Backlash
Key Points • Illinois has approved a new 0.2% tax on cryptocurrency transactions as part of its $55.9 billion state budget package. •...
SKN | Senators Push Treasury to Preserve State Oversight in Stablecoin Regulation Rollout
Key Points A bipartisan group of U.S. senators is urging the Treasury Department to ensure states retain a meaningful role in regulating...
SKN | Binance Defends EU Compliance as MiCA License Decision Nears Critical Deadline
Key Points : • Binance says Greece’s financial regulator has deemed its Markets in Crypto-Assets (MiCA) application compliant, pending final review by European...
SKN | BlackRock Launches Bitcoin ETF With Monthly Income Feature, Expanding Institutional Crypto Investment Options
BlackRock has introduced a new Bitcoin-focused exchange-traded fund (ETF) designed to provide investors with monthly income distributions, marking a significant evolution in cryptocurrency...
SKN | Coinbase Enters Tokenized Equity Market With Onchain Shares and Blockchain-Based Dividend Distribution
Coinbase is preparing to enter the rapidly expanding market for tokenized stocks, with plans to offer onchain shares and facilitate dividend payments through...
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SKN | North Korea Denies Responsibility for $6.4 Billion Binance Hack as FBI Points to TraderTraitor
Key Points: Kim Yo Jong, sister of North Korean leader Kim Jong Un, has rejected U.S. allegations linking Pyongyang to the reported $6.4...
SKN | NEAR Token Falls 7% Despite Approval of Proposal to Reduce Annual Issuance
Key Points: NEAR Declines Despite Governance Approval: The NEAR token fell approximately 7% on Tuesday, extending its weekly losses to around 13%, despite...
