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...
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...
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...
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...
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...
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...
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...
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...
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...
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 | Moscow Exchange to Introduce Bitcoin, Ether and USDT Trading in December
Key Points: December Launch Planned: Moscow Exchange intends to begin trading Bitcoin, Ether and Tether’s USDT on December 1, establishing an organized digital...
SKN | Australia Raises Interest Rates to 18-Year High as AI Investment and Energy Costs Drive Inflation
Key Points: Interest Rate Reaches 4.85%: The Reserve Bank of Australia increased its benchmark interest rate by 25 basis points to 4.85%, its...
