SUI Surges Into High-Risk Zone
SUI tests critical support at $1.41, facing potential reversal or further decline into Wave 5. Resistance between $1.68-$2.21 is key for direction. #Update #Crypto $SUI
Bitcoin Whale Flips $91M Short to Long
A prominent BTC whale closed a $91M short position at a $1.6M loss, switching to a 3x long position with liquidation near $59,112, indicating bullish sentiment. #Update #Crypto $BTC
Monad Tokensale Raises $269M in Funding
$MON token sale raised $269M during the week of November 22-29, leading 27 projects to secure $495M in total investments; @AmberGroup emerged as a key investor. #Update #Crypto $BTC
Web3 Execution Spine Emerges with Avail’s Nexus
@Avail’s Nexus mainnet launched this week, enhancing multichain execution and user experience across 13 ecosystems by automating complex transactions. #Update #Crypto $ETH
Bitcoin Aims for $100K as Options Expire
Bitcoin price is rising as five key factors align, including returning demand and U.S. spot accumulation, potentially driving it toward $100,000 by year-end. #Update #Crypto $BTC
Bitcoin Rebounds 5% Amid Downtrend Concerns
Bitcoin nears $92,000 as markets recover from last week’s sell-off, yet resistance levels may maintain the downtrend. #Update #Crypto $BTC
Bitcoin Options Expiry Triggers $13.42B Volatility
@Hyperliquid moved $90 million worth of HYPE from staking to spot, raising community concerns about treasury activity; the wallet still holds over 240 million staked HYPE valued at $8.3 billion. #Update #Crypto $HYPE
Upbit $30M Hack Tied to North Korea
Upbit, South Korea’s largest crypto exchange, faces scrutiny after a $36.9M hack linked to North Korea’s Lazarus Group. Assets frozen; investigation ongoing. #Breaking #Security $SOL
Bitcoin Investors Eye Australian Property Market
Mortgage On Chain launches in Australia, offering dedicated broking services for cryptocurrency investors seeking property ownership. #Update #RealEstate
Bitcoin ETF Sees $114M Outflows Amid Volatility
BlackRock’s Bitcoin ETF saw $114 million in outflows amid market volatility, reflecting reduced institutional interest. Despite this, US spot Bitcoin ETFs gained $71 million from other funds. #Update #Crypto #BitcoinETF
China Cracks Down on Stablecoin Payments
China is intensifying its crackdown on digital assets, preparing new enforcement measures against crypto and stablecoin payments amid rising economic risks. Officials emphasize the illegality of virtual assets as currency. #Update #Crypto
Kalshi Faces Allegations of Client Deception
@Kalshi is facing a class action lawsuit for allegedly operating as an unlicensed bookmaker and misleading clients about its business model, emphasizing the regulatory complexities in crypto trading. #Update #Legal
Bitcoin Mining Surges 300% in China
Bitcoin mining in China is experiencing a resurgence after a four-year crackdown, highlighting the shifting landscape of cryptocurrency regulation and activity. #Update #Crypto $BTC
Bitcoin Coinbase Premium Flips Positive Again
Bitcoin’s ‘Coinbase Premium’ has turned positive after weeks in the red, indicating potential shifts in U.S. capital flows. #Update #Crypto $BTC