Sui has declined to $2.85 today, but its fundamentals and underlying growth suggest that a strong recovery should be coming soon. The post Sui Sees $2.5 Billion Volume Surge After Price Crash – Next Ethereum or Solana? appeared first on Cryptonews.
SUI token has been showing strong technical indicators, suggesting a possible breakout and further price gains. The cryptocurrency has recently witnessed a notable surge in trading activity, signaling that the altcoin might be on the verge of a bullish move.
SUI token's technical indicators and positive metrics underlined a potential breakout and further price gains.
PayPal CEO emphasized blockchain's role in real-world payments, positioning PYUSD as a key player in the digital economy.
Sui (SUI) is showing signs of a potential rebound as its price climbs above the $2.80 mark, sparking optimism among traders. After experiencing a period of downside pressure, the cryptocurrency is attempting to reclaim lost ground, suggesting that bullish momentum may be building.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
The stablecoin payment option will initially be available at Metro Paragon and Metro Woodlands locations.
That's exactly what Kostas Kryptos, Co-Founder of Mysten Labs, is envisioning with Sui and Walrus. He aims to use a browser-based approach to decentralized communication.
Ondo Finance and NAVI Protocol launch a USDY rewards campaign as Sui's DeFi ecosystem expands, integrating real-world assets into DeFi.
Sui, Litecoin, and Chainlink are recovering after the Trump-led crypto market crash. A technical analysis of SUI, LTC, and LINK reveals key levels to watch.
Sui's approach to Maximum Extractable Value (MEV) focuses on transaction protection and fair competition through priority gas auctions and consensus amplification.
The expansion of USDG to Solana marks a significant step in its mission to become a leading stablecoin for global transactions.
In a major advancement for the adoption of stablecoins in the financial sector, the Dubai International Financial Centre (DIFC) has officially recognized USDC and EURC as the first regulated stablecoins within its legal framework. This recognition marks a key milestone for Circle as it establishes itself against its direct competitor, Tether's USDT.
This is the first time stablecoins have received this status in Dubai's International Financial Centre (DIFC). It marks a major step forward for digital payments and crypto adoption in the region.
The Dubai Financial Services Authority (DFSA) approved USDC and EURC as recognized crypto tokens within the Dubai International Financial Centre.
The crypto market has witnessed its bloodiest day of the year so far, with Bitcoin plunging below $90k. Aave (AAVE) and Sui (SUI) crashed double-digits, down 16% and 15% respectively to lead top losers on the day among top 100 coins by market cap. Most altcoins were down double-digits.
The Dubai Financial Services Authority has approved Circle's USDC and EURC as recognized tokens.
Now the two tokens become regulated and can be integrated by financial institutions and fintechs in the DIFC.
The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.
Infini, a Hong Kong stablecoin neobank, confirmed a $49 million hack due to exploited administrative privileges, just days after a massive breach at Bybit. Infini: Runway Still Solid The Hong Kong stablecoin neobank, Infini, confirmed on Feb. 24 that hackers breached its platform and investigations were underway.
Widely followed crypto strategist Michaël van de Poppe believes that one Ethereum (ETH) rival is in a position to ignite a real bullish phase. Van de Poppe tells his 776,000 followers on the social media platform X that the layer-1 protocol Near (NEAR) appears to be carving a cycle bottom.
The stablecoins has now joined Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple's XRP, and Toncoin (TON) in Dubai's approved list of tradable cryptocurrencies.
Circle's USDC and EURC have been approved as the first stablecoins under Dubai's crypto regulatory framework, enabling their integration into financial services within the Dubai International Financial Centre (DIFC). The post Circle's USDC and EURC Gain Legal Status with DFSA Approval in Dubai appeared first on Cryptonews.
The green light means that businesses in the DIFC will start using the stablecoins on a large scale. The DFSA gave the go-ahead after Circle applied with the authority, marking the first DIFC clearance for stablecoins.
Crypto has gained significant attention and acceptance following a change in the USA's view under Donald Trump's crypto-friendly administration. Under this regime, crypto and related companies are no longer treated like enemies.
Circle's USD Coin (USDC) and EURC have become the first stablecoins to be approved under the Dubai Financial Services Authority's (DFSA) crypto token regime, marking a significant milestone for the stablecoin issuer in the Middle East.
The Dubai Financial Services Authority has approved Circle's USDC and EURC as the first officially recognized stablecoins under Dubai's new token regime. Circle announced on Feb.
Sui price has been experiencing a downward trend in recent times, with a 42% drop from its peak value. Currently, SUI is near a critical support level of $3.
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins.
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
After winning approvals in the European Union (EU) and Canada, Circle's USDC and EURC have received recognition from the Dubai Financial Services Authority (DFSA). Under the approval, the stablecoins will see mainstream application by firms in the Dubai International Financial Center (DIFC).
The cryptocurrency market will see $324.70 million in token unlocks over the next seven days, with Sui (SUI) leading the cliff unlocks at $203.49 million. According to data from Tokenomist, this week's token unlocks include both cliff and linear releases, with Solana (SOL) continuing to head linear unlocks at $10.56 million per day.
With a 78% market share, USDC dominates Solana's stablecoin ecosystem, overshadowing Tether (USDT) and other rivals.
Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC. Blockchain security firm Cyvers detected the breach less than a day after the platform celebrated reaching a $50 million total value locked (TVL) milestone.
Crypto exchange OX.FUN, backed by Three Arrows Capital's Su Zhu, faces insolvency accusations and transparency concerns after freezing a $1 million user deposit, which the exchange claims resulted from market manipulation attempts.
Infini Neobank Hacked, losing $49.5 million USDC due to a compromised private key. The attacker swapped assets to ETH and moved them to a new wallet.
The stablecoin neobank Infini encountered a severe setback on Monday as it fell victim to a hack. As per various on-chain trackers, 49.5 million USDC was drained from the platform.
Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows.
Crypto exchange OX.FUN has come forward to address rumors of insolvency and nearly $1 million USDC frozen with the exchange. Following the early talks about the mass exodus of funds, the exchange came forward stating that all withdrawals are processing normally while calling the talks “co-ordinated FUD”.
Sui (SUI), a promising altcoin, is showing signs of growth with a significant surge in daily active addresses, hitting a three-month high of 1.4 million. This surge in activity has fueled optimism about SUI's potential for price recovery, despite its recent struggles in the market.
Cryptocurrency prices were mixed last week as concerns about tariffs, interest rates and the $1.4 billion Lazarus Group hack on Bybit. Bitcoin (BTC) price remained below $100,000, while Ethereum (ETH) crashed below the $3,000 mark.
SUI's daily active addresses have surged to hit a 3 months high of 1.4 million.
Sui (SUI) could be on the cusp of a huge rebound, in wake of the price forming a double bottom. Double bottoms often signal that a price floor has been found, and signify that a rebound could be in coming. The post SUI Forms Double-Bottom Pattern – Is This the Start of a Huge Breakout? appeared first on Cryptonews.
Sui integrates SCION to bolster network security and performance, addressing vulnerabilities like BGP hijacking and ensuring reliable validator communication.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
The cryptocurrency market has continued its upward momentum, marking another day of gains as bullish sentiment strengthens across multiple assets.
Digital assets rallied on Friday as Bitcoin approached $99K. Meanwhile, the substantial rebounds in the altcoin sector have triggered bullish bets from industry experts and analysts. CryptoQuant founder and CEO Ki Young Ju believes the highly-awaited altcoin season has finally kicked off.