Sui (SUI), a newcomer in the crypto sphere, is making waves as it tallied an impressive 87% rally in the last seven days, pushing its price to reach $1.43 at the time of writing for a new record high. Its native token has outperformed Bitcoin, sparking renewed interest in the dormant DeFi scene. Sui’s remarkable…
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This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token ethereum name service (ENS) also witnessed a significant ascent,…
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In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on South Korea’s crypto assets, the most popular traded coins in this region differ from the…
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The price of the SUI token plummeted after allegations of supply manipulation from regulatory officials in South Korea. Sui’s native SUI token has struggled to regain ground after plunging more than 9% amid allegations from South Korean regulators, which have accused the Sui Foundation of manipulating the supply of the token for its own gain. …
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The crypto market is always in flux, with new narratives and trends emerging each week. Renowned crypto analyst Miles Deutscher recently took to Twitter to share his insights on the altcoin space, shedding light on the tokens that are catching his attention. Crypto Watchlist For This Week Starting with UNIBOT, Deutscher highlighted its recent performance,…
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The Sui Network, known for its fast-paced growth and community support, is on the verge of a notable event. On September 3rd, a massive amount of SUI tokens, worth roughly $18.7 million, will be unlocked. Given its nature and the significant sum involved, this move could have some implications for the altcoin’s market dynamics in the…
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The newly listed cryptocurrency SEI took a substantial hit after its debut, plummeting over 65% from its peak value in just three days. The coin’s latest 13% tumble mirrored a decline in the broader crypto market in the last 24 hours. New L1 Token Plummets 65% From Record High Enter SEI, the latest entrant in…
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The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest’s proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstream U.S. financial platforms. The SEC announced on Friday its move to solicit public opinion regarding a particular amendment in the Ark 21Shares Bitcoin…
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After reaching a 13-month high of $31,800 on Thursday, Bitcoin has pulled back over the last couple of days and is now facing resistance around $30,000. The leading cryptocurrency by market cap is currently trading at $29,551, down 2% so far today. The broader cryptocurrency market cap has also fallen by 0.85% to $1.16 trillion.…
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In a volatile twist, the cryptocurrency market experienced a 0.82% decrease in value within the last day, descending to $1.2 trillion. This transpired as bitcoin (BTC) faced unstable conditions, dropping below the crucial $30K mark on Tuesday. Crypto Market in Flux Throughout this chaotic 24-hour period, leveraged digital asset traders observed a colossal liquidation of…
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