Finance

SKN | Bitcoin Nears $72,000 as Surging Open Interest Signals Rising Leverage in Volatile Market

Bitcoin is once again approaching the $72,000 threshold, extending its recent upward momentum amid a notable increase in derivatives open interest. The move...

Finance

SKN | Bitcoin Rebounds Toward $72K as Bulls Defend Key Trend Line Support

Key Points: • Bitcoin bounced from its 50-day moving average and reclaimed $72,000. • The $72K level remains a key resistance zone with...

Finance

SKN | Bitcoin Exchange Outflows Signal Genuine Accumulation by Long‑Term Investors, Analyst Says

Key Takeaways Significant Bitcoin outflows from exchanges suggest that holders are moving coins into private wallets, a behavior consistent with accumulation trends. With...

Finance

SKN | Robinhood Unveils $1.5B Buyback as Shares Slide Amid Market Turbulence

Key Points Robinhood approved a $1.5 billion share buyback program over three years. The move comes as its stock struggles amid broader crypto...

Technology

SKN | OpenAI Shuts Down Sora After 6 Months as Focus Shifts to Core AI Priorities

Key Points OpenAI is shutting down its Sora video generation app after just six months. The company is pivoting away from video AI...

Finance

SKN | Ethereum Rally Stalls at $2.2K as Bulls Await Key Breakout Catalyst

Key Points: • Ethereum’s rally stalled at $2,200 due to strong resistance and weak ETF demand. • A breakout above $2,200 could open...

Finance

SKN | DeFi Matures as Aave and Ethena Founders Say Crypto Is Becoming More Like Traditional Finance

Key Takeaways: • Crypto finance is evolving toward more stable, predictable returns similar to traditional finance. •  New DeFi tools allow users to...

Finance

SKN | Solana Expands Institutional Reach with Mastercard, Western Union, and Worldpay Integration

The Solana Foundation is deepening its push into institutional finance by partnering with Mastercard, Western Union, and Worldpay to develop a new institutional-grade...

Finance

SKN | Tether Engages Big Four Auditor for Full USDT Reserve Audit, Marking Shift Toward Institutional Transparency

Tether, issuer of the world’s largest stablecoin USDT, has reportedly engaged a Big Four accounting firm to conduct a full audit of its...

Business

SKN | Mastercard Acquires BVNK Infrastructure Instead of Launching Its Own Stablecoin

  Mastercard is taking a strategic approach to digital finance by acquiring BVNK, a stablecoin infrastructure provider, for up to $1.8 billion rather...

Don't Miss

SKN | Coinbase Faces Revenue Pressure as Prediction Markets and Stablecoins Become Key Growth Drivers

Key Points: Coinbase reported third-quarter 2026 revenue of approximately $1.22 billion, lower than the previous year, while net income reached $718.7 million and...

SKN | J.P. Morgan Forecasts 10% Annual Bitcoin Returns Over the Next Decade: What Does It Mean for Investors?

Key Points: J.P. Morgan projects Bitcoin will deliver annualized returns of 10% over the next 10 years, exceeding its 7.5% forecast for large...

Investcoin

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