SKN | Bitcoin Outperforms Stocks as Correlation With Gold Strengthens Amid Fiscal Uncertainty
Key Points: Bitcoin has gained approximately 26% in August, outperforming gold, the Nasdaq 100 and the S&P 500. Bitcoin’s 30-day correlation with gold...
SKN | Ripple-Backed Evernorth Moves Toward Nasdaq as XRP Treasury Model Faces Key Shareholder Vote
Key Points: Evernorth has received SEC clearance for its registration statement, leaving a September 30 shareholder vote as the key remaining step before...
SKN | Charles Schwab Expands Crypto Platform With Solana, Avalanche and Chainlink
Key Takeaways Charles Schwab plans to add Solana, Avalanche and Chainlink to Schwab Crypto, expanding direct access beyond Bitcoin and Ethereum. The brokerage...
SKN | Grayscale Sees Zcash Challenging Bitcoin’s Network Effects as Demand for Crypto Privacy Rises
Key Takeaways Grayscale Research argues that Zcash could challenge Bitcoin’s network advantage if demand for financial privacy becomes a larger driver of cryptocurrency...
SKN | Trump-Linked Crypto Ventures Leave Investors $4.7 Billion Underwater, Public Citizen Says
Key Takeaways Public Citizen estimates that investors in Trump-linked crypto ventures are at least $4.7 billion underwater, with the TRUMP memecoin accounting for...
SKN | Virtu and Tradeweb Complete Onchain Repo Using Marshall Islands Digital Bond
Key Points Virtu Financial, M1X Global and Tradeweb completed a sovereign digital bond repo entirely onchain through the Canton Network. The USDM1 bond,...
SKN | Mirae Asset Targets $109B Digital Asset Business With Crypto, Stablecoins and Tokenization
Key Points South Korea’s Mirae Asset plans to build a 150 trillion won ($109 billion) digital asset business through Digital X, the exchange...
SKN | Bitcoin Eyes $81K as Nvidia Earnings Beat Boosts Risk Assets
Bitcoin rebounded toward $81,000 on Thursday as stronger-than-expected Nvidia earnings lifted US equities and renewed appetite for risk assets, giving crypto markets another...
SKN | Nvidia Earnings Beat Sends Technology Stocks and Bitcoin Higher as AI Demand Accelerates
Key Points: Nvidia reported fiscal second-quarter revenue of $96.2 billion, exceeding the $92.27 billion consensus estimate, while adjusted earnings per share reached $2.22...
SKN | Bitcoin’s August Rally Gains Credibility as Market Liquidity Holds Firm Near $80,000
Key Points: Bitcoin surged nearly 25% last week to above $80,000, marking its strongest weekly performance in more than three years. Average 0.5%...
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SKN | Binance Sets Aside $6.34 Billion to Cover Record Crypto Hack Losses, Highlighting Exchange Security Risks
Key Points: Binance has arranged approximately $6.34 billion to cover losses associated with a record-breaking cryptocurrency hack, according to the company’s reported disclosure....
SKN | Strategy Eyes More Bitcoin Purchases With Up to $30 Billion in Potential Digital Credit
Key Points Strategy Executive Chairman Michael Saylor says the company could generate up to $30 billion in digital credit using its existing balance...
