SUI price is trading at $2.8 amid a broader market retracement, but analysts and on-chain data suggest the token is forming a potential reversal pattern. With stablecoin transaction volume hitting a new high and outperforming Solana last week, SUI coin may be positioned for renewed bullish momentum if current support levels hold. SUI Price Tests … Read more
Social media platform Reddit is reportedly considering using the iris-scanning orbs developed by World — a project by Tools for Humanity, co-founded by OpenAI CEO Sam Altman — for its user verification system. According to a Friday Semafor report citing two people familiar with the matter, the platform is weighing the World ID system as … Read more
Thailand’s Securities and Exchange Commission (SEC) has opened a period of consultation for feedback on rules that would allow exchanges or individuals connected to an exchange to issue utility tokens, according to a Friday statement. Under the proposed rules, exchanges would have to disclose the names of anyone associated with the token issuers, which would … Read more
Thailand’s Securities and Exchange Commission (SEC) is undertaking a significant overhaul of its crypto regulatory framework, inviting public input to refine digital asset listing rules on licensed exchanges. The proposed revisions aim to enhance transparency, expand listing criteria to include self-issued tokens, and strengthen measures against insider trading and market manipulation. According to COINOTAG, the … Read more
This is a segment from The Breakdown newsletter. To read full editions, subscribe. “Just because I don’t care doesn’t mean I don’t understand.” — Marge Simpson Financial markets are forward-looking, even though humans usually are not. It’s fundamentally what makes investing difficult: “100% of the information you have about any business reflects the past,” the legendary … Read more
China reduced its position on U.S. debt in April, reaching a 16-year record low in its holdings. The reduction is related to the ongoing tariff war scenario, where tensions between the two countries have escalated due to the enactment of sky-high fees. China Reduced U.S. Debt Exposure in April, Reached 16-Year Record Low Numbers emanating … Read more
BlockDAG Crosses $313.5 Million Presale Milestone, Set Sights on $1 Target Few stories in crypto this year rival the momentum behind BlockDAG (BDAG). Starting at just $0.001, the presale has now surpassed $313.5 million, making it one of the most heavily community-backed projects in recent times. But behind these figures, one major question is being … Read more
The highly anticipated Pump.fun token auction, a significant event in the crypto space, has once again faced a delay. Originally slated for June 25th, the auction and subsequent crypto listing are now pushed back to mid-July. This news, initially reported by Wu Blockchain on X, marks another chapter in the ongoing saga of this major … Read more
Excitement is quickly building around Snorter Token, a Telegram-native trading bot paired with a Solana-based meme coin. As traders hunt for the next BonkBot-style breakout, Snorter Token stands out by combining two of crypto’s hottest trends: Telegram bots and Solana meme coins. The project’s presale has already surpassed $1 million raised, with the next price … Read more
Key takeaways: Open interest in Bitcoin futures and options has ballooned to $96 billion, up sharply from 2022 levels. Elevated speculative leverage fuels BTC’s bullish breakouts, but it also raises the risk of cascading liquidations, reminiscent of 2021 volatility. Stablecoin-margined collateral now dominates over crypto-margined positions, helping mitigate volatility shocks amid heightened trading activity. Bitcoin’s … Read more