SKN | U.S. House Advances Crypto Tax Bill After CLARITY Act Setback
Key Points: The House Ways and Means Committee approved the Digital Asset Tax Certainty Act 38-5, advancing the measure toward consideration by the...
SKN | Fed Raises Rates to 4% as Higher Inflation Tests Crypto Markets
Key Points: The Federal Reserve raised its benchmark interest-rate range by 25 basis points to 3.75%-4.00%, marking its first rate increase since July...
SKN | Bitcoin Holds Above $76,000 as Crypto Market Consolidates
Key Points: Bitcoin traded at $76,314.5, declining 0.15% over 24 hours and 2.86% over seven days as the broader crypto market remained under...
SKN | Revolut Data Breach Renews Debate Over the Risks of Traditional KYC
Key Points: Recent identity-data breaches have highlighted the security risks created when financial institutions and verification providers retain copies of passports, driver’s licenses...
SKN | Stablecoin Growth Could Strengthen Dollar Dominance and Boost U.S. Treasury Demand
Key Takeaways Bank of England Financial Policy Committee member Carolyn Wilkins said expanding dollar-backed stablecoins could reinforce the U.S. dollar’s global role by...
SKN | Crypto Stocks Slide as CLARITY Act Fails in Senate, Raising Regulatory Uncertainty
Key Takeaways Crypto-linked stocks fell sharply after the U.S. Senate failed to advance the CLARITY Act in a 49-50 procedural vote, leaving the...
SKN | BIS Study Reveals Sixfold Gap in Bitcoin On-Chain Transfer Estimates
Key Takeaways Bitcoin on-chain transfer-value estimates can differ by as much as sixfold depending on how transactions, change outputs and self-transfers are measured....
SKN | Bitcoin ETFs Record $450 Million Outflow as Bitcoin Falls 2.5%
Key Points US-listed spot Bitcoin ETFs recorded $450.4 million in net outflows on Tuesday, their largest single-day withdrawal since June 24. Fidelity’s FBTC...
SKN | Former Robinhood Engineers Charged Over Alleged Crypto Listing Trades
Key Points US prosecutors charged two former Robinhood engineers with commodities fraud and wire fraud over alleged trades made using confidential information about...
SKN | Crypto Industry Turns to US Regulators After CLARITY Act Senate Setback
Key Points The US Senate rejected a procedural motion to advance the CLARITY Act by a 49–50 vote on Sept. 15, falling short...
Don't Miss
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,...
