SKN | Crypto Whale Places $224,000 Market-Neutral Bet on XRP Staying Rangebound Through June
A large cryptocurrency trader, commonly referred to as a crypto whale, has reportedly placed a $224,000 options-based wager anticipating that XRP will remain...
SKN | Bitcoin Long-Term Holder Supply Nears Record High as Multi-Year Distribution Trend Reverses
Bitcoin’s long-term holder supply is approaching historic highs, signaling a major shift in investor behavior after years of cyclical distribution patterns. On-chain data...
SKN | US Lawmakers Push IRS Review of Crypto Tax Exemptions as Regulatory Pressure on Digital Assets Intensifies
Key Takeaways New US legislative proposal directs the IRS to reassess existing crypto tax exemptions, signaling tighter fiscal oversight of digital assets. The...
SKN | Syndicate Labs Shuts Down After Five Years as Rollup Sector Consolidation Accelerates in Crypto Infrastructure
Key Takeaways Syndicate Labs has announced it will wind down operations after five years, citing reduced demand and intensified competition in the Ethereum...
SKN | Illicit Actors Shift to Novel Digital Assets as Tax Evasion Techniques Evolve, Chainalysis Warns
Key Takeaways Chainalysis reports that tax evaders are increasingly experimenting with new digital asset structures, including privacy-enhanced tokens and cross-chain obfuscation tools. The...
SKN | SpaceX Reveals $1.29 Billion Bitcoin Holdings Ahead of Historic IPO Push
Key Points SpaceX disclosed holdings of 18,712 Bitcoin valued at $1.29 billion as of the end of the first quarter in its newly...
SKN | Bitcoin Mining Stocks Climb as Nvidia Delivers Massive AI Revenue Surge
Key Points Nvidia posted first-quarter revenue of $81.62 billion, beating Wall Street expectations as AI infrastructure demand continued accelerating globally. The company...
SKN | Trump Media’s Bitcoin ETF Ambitions Collapse Amid Fierce Wall Street Competition
Key Points: Trump Media withdrew plans for its Truth Social Bitcoin ETF and Bitcoin & Ethereum ETF after analysts questioned the viability of...
SKN | Securitize Posts Record Revenue Growth While Preparing for Public Market Debut
Key Points: Securitize reported record quarterly revenue of $19.5 million as institutional demand for tokenized real-world assets continued growing. Despite strong revenue growth,...
SKN | Bitcoin Stabilizes as Defensive Positioning Sustains Crypto Market Recovery
Key Points: Bitcoin advanced 0.56% to approximately $77,227.85 as buyers returned following the previous session’s liquidation-driven selloff. Ethereum posted a modest recovery while...
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SKN | South Korea Mandates Aggressive Cold Storage Expansion for Crypto Exchanges Following Binance Hot-Wallet Breach
Key Takeaways Elevating Custodial Baselines: South Korea’s Financial Services Commission has summoned domestic virtual asset providers, urging them to elevate offline cold-storage ratios...
SKN | Binance Begins Second Withdrawal Phase as Exchange Outflows Continue to Slow
Key Points: Second Withdrawal Phase Scheduled: Binance plans to progressively reopen withdrawals for additional cryptocurrency assets from 04:00 UTC on Tuesday, following its...
