Story Highlights The DOT price has reclaimed the $8 mark with an intraday jump of ~29%. Technical indicator RSI breaches the overbought range in the daily time frame. Sustained bullish action could push the price toward its $10 level.
Polkadot surges 21.94% as it breaks key levels, targeting further gains.
The Bitcoin price is consolidating just below the $100K milestone, which has shaken up the major altcoins. Meanwhile, the memecoin has remained stuck within a range as Dogecoin gains huge momentum.
Chainlink price is experiencing a surge in bullish momentum, supported by the formation of an ascending triangle pattern. This technical structure signals potential price gains as LINK breaks through key resistance levels.
Sui Network, a popular blockchain supporting the SUI coin, encountered a major disruption today, bringing its block production to a halt. The interruption, which began at 12:15 PM UTC, left the network unable to process transactions for several minutes, causing concerns among its users and community members.
With Bitcoin price remaining volatile and struggling to reach the $100,000 mark, the altcoin rally is gaining momentum. Despite the 99k buyers and 100k sellers going at it, the smart money is flowing into the altcoin segment.
Chainlink price has formed a rare bullish pattern, pointing to more gains in the coming weeks. LINK token jumped to $17 on Saturday, its third consecutive day of gains as the crypto fear and greed index remained in the extreme greed zone. It has jumped by 108% from its lowest level this year.
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.
Sui Foundation partners with Franklin Templeton Digital Assets to drive blockchain-based innovation, supporting developers and expanding decentralized finance applications using the Sui blockchain protocol. The post Sui Partners with Franklin Templeton for Blockchain Development appeared first on Cryptonews.
A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media platform X, Coinbase says it's adding support for Floki (FLOKI), a memecoin launched in 2021 inspired by billionaire Elon Musk's pet dog.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network.
In a strategic move, Sui Network, a fast-growing layer 1 blockchain known for its innovative use of the Move programming language, has partnered with Franklin Templeton Digital Assets, a global leader in asset management with over $1.5 trillion in assets under management.
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Key points of the news: Sui and Franklin Templeton have formed a strategic partnership to strengthen the blockchain ecosystem and support developers. Franklin Templeton, with experience in digital assets since 2018, will back projects like Deepbook, Karrier One, and Ika.
Sui Foundation partners with Franklin Templeton Digital Assets to enhance DeFi solutions on the blockchain.
Sui, a Layer-1 network, announced a new partnership with investment firm Franklin Templeton. This partnership includes capital investment in Sui and support for the firm's blockchain development.
The notable growth of the Web3 ecosystem on the Sui blockchain has bolstered the ongoing $SUI bull run, which is already in the price discovery phase.
Sui Foundation has recently made an important partnership agreement with Franklin Templeton Digital Assets, which will help develop DeFi solutions on the Sui platform. This will give the Sui ecosystem developers support and additional guidance in enhancing blockchain solutions and products.
Sui has partnered with Franklin Templeton Digital Assets to strengthen its ecosystem and advance blockchain-based technologies.
Sui has joined forces with Franklin Templeton Digital Assets in a bid to drive blockchain innovation and foster growth within the Sui ecosystem.
Sui collaborates with Franklin Templeton Digital Assets to bolster its blockchain ecosystem, highlighting projects like Deepbook and Karrier One, amid growing interest from global investment firms.
Sui partners with Franklin Templeton as its DeFi ecosystem grows, reaching $1.6 billion in total value locked this year. The post Sui partners with Franklin Templeton to boost DeFi innovation and ecosystem growth appeared first on Crypto Briefing.
Large transaction volumes for the memecoin have increased in the last two days from 39 billion to 460 billion - Good news for Floki?
Analyst and trader Ali Martinez is leaning bullish on one large-cap crypto asset while offering his insight on Bitcoin (BTC) and two altcoins.
The price of Floki Inu (FLOKI), the popular meme token, soared over 20% to $0.000283 after Coinbase announced it allows users to trade it.
Polkadot (DOT) has entered a consolidation phase, trading below the $6 mark after a strong 30% rally since last Friday. This period of sideways movement has brought some volatility, but market conditions suggest DOT might be gearing up for its next major move.
Bitcoin (BTC/USDT) is once again flirting with the $100K level, but this time, it's not alone in the spotlight. Ethereum has finally woken up, signaling the long-awaited start of altcoin season.
The network was recently plunged into a multi-hour blackout, raising reliability concerns.
Sui Network experienced a brief outage due to a bug in congestion control. Swift action by engineers and validators restored operations within minutes, highlighting effective incident response.
Sui's ecosystem is evolving with the introduction of native stablecoins, reshaping DeFi and unlocking new opportunities. Explore the impact of USDY, AUSD, USDC, and FDUSD.
Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.
Floki's Coinbase listing sparks a surge in price, volume, and investor confidence.
Earlier today, the Layer-1 blockchain Sui experienced a two-hour blackout, halting block production and rendering transaction processing impossible. This network outage led to a slight dip in SUI's price, falling from $3.73 to $3.64.
Sui Network resumed operations after a two-hour outage.
SUI's network had a two-hour network outage, followed by a shorter 29-minute block lag on November 21. The chain had an all-time high record for transactions per second, which led up to a bug for validators to produce and propagate blocks.
Sui Network experienced its first major outage Thursday, grinding the network to a halt for two hours due to a bug.
Sui, decentralized Layer-1 blockchain. faced a two-hour outage early on November 21 before recovering.
The Sui network experienced an outage, halting block production for over 2 hours.
The downtime had immediate repercussions for Sui (SUI), the blockchain's native cryptocurrency with its value dropping 11%.
Sui Network dubbed the ‘Solana (SOL) killer,' suffered a major outage on November 21, which halted block production for over an hour.
Floki price rallied to its highest level since June 8 after Coinbase, the largest crypto exchange in the United States, listed it and as the crypto bull run continued. Floki (FLOKI), one of the top meme coins, surged to $0.
For 51 minutes, blocks were not produced and transactions were not processed.
At press time, the SUI status page had confirmed that block production had resumed.
SUI price tanked after the incident but quickly recovered.
The downtime was caused by a bug in its transaction scheduling.
Decentralized Layer-1 blockchain Sui Network faced a major downtime with no blocks produced in the last few hours. The data from Suivision showed that the network faced a “major outage” as some validators faced problems with approving transactions.
TL;DR On November 21, 2024, the Sui blockchain experienced a significant outage, halting block production for over an hour and causing widespread concern among users and stakeholders. The outage led to an 11% drop in the SUI token's value, with major exchanges like Upbit temporarily disabling SUI deposits and withdrawals to protect users.