TLDR: SUI forms a bullish flag pattern, consolidating between $1.73 and $1.84 before a potential breakout. Wyckoff structure shows SUI may experience further downside before recovery in macro accumulation. SUI/BTC is bouncing from a rising trendline, supported by RSI divergence signaling a potential rebound. The breakout above $1.84 could push SUI towards $1.98, potentially reaching…
SUI slipped 3.4% over the past 24 hours, dropping from $2.62 to $2.53 after a late-day breakdown accelerated on sharp volume spikes, signaling likely institutional selling. The drop shattered the $2.60 support level, a key threshold traders had been watching throughout the session, CoinDesk Analytics found. The breakdown kicked off when volume surged past 25.4…
SUI, the native token of the Sui network, fell 3.3% over the past 24 hours, slipping from $3.32 to $3.21 as traders hit the sell button. The token broke through its $3.26 support late in the session, a move that confirmed downward momentum and brought the asset closer to the $3.20 psychological threshold, CoinDesk Research’s…
A fresh wave of token unlocks is set to hit the crypto market this week, with over $686 million worth of assets entering circulating supplies. The releases are arriving just as Bitcoin (BTC) staged a fragile recovery from a sell-off last week, triggered when Galaxy Digital offloaded huge amounts of the number one cryptocurrency, sending…
TLDR: Mill City shifts focus to a $450M Sui crypto treasury strategy. Sui Foundation and Karatage jointly lead the private placement round. Galaxy, Pantera, Electric, and others back the first public SUI-heavy balance sheet. 98% of proceeds will go to SUI token buys, signaling major institutional demand. A new crypto treasury play is taking shape….
Wanchain adds support for Sui, enabling USDC transfers across 18 blockchains including BNB Chain and Cardano. The integration boosts Sui’s DeFi liquidity and cross-chain accessibility. Wanchain has added Sui to its growing suite of cross-chain integrations, enabling USDC transfers across 18 blockchain ecosystems. Bridging Sui with BNB Chain, Cardano, and other EVM-compatible chains posed technical…
TLDR: Sui bounces 15% from $2.43, breaking a month-long downtrend with rising trading volume. Falling wedge breakout confirmed, with bulls targeting $4.50 and $6.20 upside levels. Whale accumulation lifts confidence, as on-chain data shows rising cold wallet flows. Clearing $3.10 resistance is key for continuation; failure could revisit $2.43 support. Sui bulls defended the $2.43…
Geopolitical uncertainty hurt risk assets last week, but digital assets showed notable resilience, pulling in capital alongside traditional safe havens like gold. Weekly inflows into digital asset products reached $1.9 billion, extending a nine-week positive trend. Altogether, inflows during this streak hit $12.9 billion, with year-to-date figures now at a record $13.2 billion. According to…
Nasdaq has submitted a 19b-4 filing to the US Securities and Exchange Commission (SEC) seeking approval to list the 21Shares SUI ETF. The filing, which is now published in the SEC’s public register, initiates the formal beginning of the regulatory review process and follows 21Shares’ S-1 registration statement, which was filed in April. Bringing SUI…
Digital asset investment products attracted $224 million in inflows last week, pushing the 7-week total to $11 billion. Despite this, the pace of investments appears to be slowing, as investors grow cautious and await clearer guidance from the US Federal Reserve regarding inflation and the broader direction of monetary policy. According to the latest edition…