SKN | XRP Nears Golden Cross as Crypto Capital Rotates Toward Altcoins
Key Points: XRP’s 50-day moving average is about 2% below its 200-day average, putting the token close to a technical golden cross for...
SKN | Bitcoin Holds Firm as Rate Hikes and Clarity Act Setback Test Market Resilience
Key Points: Bitcoin is down just 1.5% in September, historically its weakest month, while remaining up about 32% for the quarter. The cryptocurrency...
SKN | Bitcoin Tops $77,000 as BOJ Raises Rates to 31-Year High
Key Points: The Bank of Japan raised its policy rate by 25 basis points to 1.25%, the highest level in 31 years, marking...
SKN | Ethereum Institutional Backs Faster Block Times as Institutional Activity Expands
Key Points: Ethereum Institutional has backed Ethlabs’ proposal to reduce Ethereum block times, arguing that faster processing is increasingly important as institutional activity...
SKN | Banks Double Their Presence on EU MiCA Crypto Provider Register
Key Points: Banks accounted for nearly 23% of providers on the European Union’s MiCA crypto-asset register as of Sept. 16, up from approximately...
SKN | CFTC Expands Regulatory Relief for Passive Trading Software Providers, Opening Wider Path for Crypto Platforms
Key Takeaways The CFTC has expanded no-action relief for providers of passive trading software, reducing registration uncertainty for technology firms that facilitate trades...
SKN | North Korean Hackers Drive Blockchain Malware Surge as CoinEx Exits Crypto Market
Key Takeaways North Korean and Iranian state-linked actors are driving a sharp increase in malware activity that uses public blockchains to store instructions...
SKN | US Sanctions BitBank Over Bitcoin Payments Linked to Iran’s Hormuz Network
Key Takeaways The U.S. Treasury sanctioned Iranian crypto exchange BitBank, alleging that it processed Bitcoin payments connected to vessels seeking passage through the...
SKN | Zcash Miner Fortitude Names Former Hut 8 CEO Jaime Leverton Ahead of Nasdaq Listing
Key Points Fortitude Mining has appointed former Hut 8 CEO Jaime Leverton as chief executive as the Zcash-focused miner prepares for a proposed...
SKN | WisdomTree and MoonPay Partner to Expand Access to Tokenized Money Market Fund
Key Points WisdomTree and MoonPay are partnering to expand US investor access to WisdomTree’s $1.2 billion tokenized Treasury money market fund, WTGXX. MoonPay...
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SKN | Bitcoin and Ethereum Decline as Broad Crypto Selling Pressures Major Assets
Key Points: Bitcoin fell 2.29% over 24 hours to $79,489, while its weekly decline reached 2.84%, putting renewed pressure on the market’s largest...
SKN | Could 4 Million Bitcoin Bought Above $85,000 Cap the Next Market Recovery?
Key Points: Approximately 4 million BTC acquired between $85,000 and $118,000 are held by long-term investors who are currently sitting on unrealized losses,...
