SUI recent price recovery has reignited bullish sentiment, but its momentum is now being put to the test. After bouncing from key support levels, the price is facing strong resistance that could determine the next major move.
A fresh wave of postponements has swept across the crypto market, as the US Securities and Exchange Commission has delayed decisions on a set of proposed spot exchange-traded funds (ETFs) for XRP, Dogecoin, Solana, and Litecoin.
Despite the market's terrible conditions over the last couple of weeks, Sui is still one of the industry darlings of this cycle. It seems like they can do no wrong and every partnership and growth announcement means real growth is happening.
The US Securities and Exchange Commission (SEC) has pushed back its decision on multiple cryptocurrency exchange-traded fund (ETF) proposals, delaying potential approvals for products tied to XRP XRP, Solana SOL, Dogecoin DOGE, and Litecoin LTC.
Ahead of Wednesday's CPI data from the U.S. Bureau of Labor Statistics, the altcoin market – led by XRP, and Sui (SUI) – recorded mild gains.
Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.
The US Securities and Exchange Commission has delayed its decision to approve several XRP, Solana, Litecoin and Dogecoin exchange-traded funds.In a slew of filings on March 11, the agency said it has “designated a longer period” to decide on the proposed rule changes that would allow the ETFs to proceed. Among the affected ETFs are Grayscale's XRP (XRP) and Cboe BZX Exchange's spot Solana (SOL) ETF filings, with the decisions on them pushed until May.
The SEC has delayed its decision on crypto spot ETFs, pushing back approvals for VanEck Spot Solana ETF, Canary Spot Litecoin ETF, Canary Spot Solana ETF, Canary Spot XRP ETF, Grayscale Spot XRP ETF, and Grayscale Spot Dogecoin ETF, according to court filings on Tuesday.
The rise in Sui token's value from $2.85 reached new heights because Canary Capital filed an ETF with World Liberty Financial joined. Many people remain unsure about SUI reaching its $25 target price even though its demand has increased.
Bitcoin and crypto are currently seeing a relief rally on Tuesday. Is this short-term, or could this be the start of something bigger?
Litecoin (LTC) saw a sharp decline on Monday, dropping 11.05% to $86.51 by 15:00 (19:00 GMT) on the Investing.com Index. This marked its steepest one-day percentage loss since March 3, pushing its market cap down to $6.70 billion, accounting for 0.26% of the total crypto market.
The Cayman Islands has attracted a number of large crypto companies and foundations, and these new regulations will impact their operations. The post Cayman Islands Introduces New Crypto Licensing, How Will This Affect HBAR, SUI and ARB? appeared first on Cryptonews.
The establishment of a Strategic Bitcoin (CRYPTO: BTC) Reserve and a Digital Asset Stockpile in the U.S. represents a new paradigm in the evolution of cryptocurrencies and one that could influence monetary policy in countries around the world. While Bitcoin will have its own reserve, the Digital Asset Stockpile is expected to have Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP), Cardano (CRYPTO: ADA), and Solana (CRYPTO: SOL), according to Trump's earlier announcement.
The arrival of the first ETF on SUI could be imminent. This week, it seems that Canary has filed the form S-1 with the SEC.
A closely followed crypto strategist believes that the payments-focused token Litecoin (LTC) is in a position to spark a strong upside burst. Analyst Ali Martinez tells his 130,600 followers on the social media platform X that Litecoin appears to be trading in a wide range between $135 and $98.
SUI's new wallets surged by 150%, active addresses climbed by 110%, but the effect on the price is still fresh.
On-chain data shows the Litecoin whales have participated in a significant amount of buying recently, a sign that could be bullish for LTC's price.
The layer-1 blockchain Sui (SUI) is defying the broader crypto market downturn after inking a new deal with a decentralized finance (DeFi) protocol linked to US President Donald Trump. The Solana (SOL) rival is witnessing price gains amid a new collaboration with World Liberty Financial (WLFI).
World Liberty Financial (WLFI), a DeFi group linked to US President Donald Trump, has added Sui (SUI) to its strategic reserves. The move is part of WLFI's strategy to develop a broad portfolio that supports blockchain-based financial solutions.
Litecoin (LTC) has shown resilience amid market uncertainty and selling pressure, holding its ground despite the broader downtrend in cryptocurrencies. After retracing from $130 to the $100 mark, LTC has successfully held this crucial support, signaling that bulls are still active in defending key levels.
Litecoin's bullish momentum has cooled off, with the price sliding back to $97.8 after struggling to sustain its recent uptrend. The pullback comes amid increasing selling pressure, raising concerns about whether this is a temporary correction or the start of a deeper decline.
Critics question whether WLFI offers innovation or just another rebranded DeFi service.
The SUI Network token, native to the “Ethereum killer” Sui blockchain, experienced a notable price surge on Thursday following the announcement of a “strategic reserve deal” between the Trump-affiliated decentralized finance (DeFi) protocol, World Liberty Financial (WLFI), and the layer-1 blockchain.
Canary Capital filed for the first SUI ETF in Delaware. SUI price is witnessing considerable price surge, ready to break out of its resistance levels.
The Swiss L1 chain gets appraised by Donald Trump's platform, while Canary Capital files for the inaugural SUI crypto ETF.
Litecoin (LTC) and Dogecoin (DOGE) have managed to stay above key support levels in the past couple of days despite the market's volatility, while Tron (TRX) is tagging a key resistance level as positive momentum picks up steam.
Key Highlights XRP price has fallen by 1.23% on Friday after correcting nearly 24% this week. SUI price struggles below $3; can the WLFI partnership and SUI ETF speculation lead to a reversal? HBAR must breach the $0.255 resistance to break its downtrend. Can XRP hit $3 or Drop below $2.
Sui, a layer one (L1) blockchain project has announced a collaboration with World Liberty Financial (WLFI), a Donald Trump-inspired DeFi protocol. The partnership aims to explore blockchain applications and decentralized asset management, with WLFI integrating Sui-based assets into its Macro Strategy reserve.
Canary Capital, an asset management firm, has registered a statutory trust for a Sui (SUI) exchange-traded fund (ETF) in Delaware.
Such registration typically signals that a fund manager is preparing to file an S-1 registration with the U.S. SEC.
Layer-1 (L1) coin SUI has defied the broader market downturn, surging 4% in the past 24 hours to become the top-performing cryptocurrency.
Sui (SUI) has captured the attention of traders and investors alike, as the cryptocurrency's trading volume surges past $20 billion, signaling a potential shift in market dynamics. Over the past 24 hours, SUI has seen a significant price increase of 7.47%, trading at $2.67.
Litecoin (LTC) was one of the few altcoins that exhibited price dominance against BTC and outperformance against major crypto assets, LTC price dropped as low as $95, reflecting a 15% drop in a week. Despite the drop, crypto analyst Ali Martinez suggests that (the MVRV) ratio hints toward a bullish recovery.
Asset manager Canary Capital has recently submitted its filing at the Delaware court for an SUI exchange-traded fund (ETF), suggesting that a spot ETF filing could be coming next. This has pushed the SUI price higher by 3% despite the broader market fall.
Sui price continues to trade below the $3 mark, struggling to gain momentum despite a recent partnership with Trump's World Liberty Financial. What's next?
SUI has been gathering attention from traders.
Canary Capital's move could accelerate mainstream adoption of blockchain assets, influencing future ETF offerings and regulatory landscapes. The post Canary Capital registers SUI ETF in Delaware appeared first on Crypto Briefing.
SUI has gone up 18.2% in the past 24 hours and currently sits at $2.97 after the layer-one blockchain announced that it was exploring “product development opportunities” with the Trump-backed DeFi Protocol World Liberty Financial.
Layer 1 blockchain Sui Foundation revealed today it has partnered with World Liberty Financial to launch a strategic SUI reserve. The firm said that WLFI decided to include Sui assets in “Macro Strategy,” its strategic token reserve.
Traders say the potential for a spot LTC ETF makes Litecoin dips under $100 a buying opportunity.
TL;DR World Liberty Financial (WLFI), backed by Donald Trump, announced a collaboration with the Sui Foundation to develop blockchain products and applications. WLFI will integrate Sui assets into its “Macro Strategy,” a strategic token reserve aimed at strengthening projects within the DeFi ecosystem. This partnership could revolutionize asset management and improve transparency in decentralized finance.
World Liberty Financial, the Donald Trump-linked cryptocurrency platform, is partnering with Sui for a “strategic reserve deal,” the layer-1 blockchain announced Thursday. Key Takeaways: World Liberty Financial is partnering with Sui to integrate its native token into a strategic reserve, aiming to explore new product development opportunities.
TL;DR Lombard Finance will launch its liquid staking Bitcoin token, LBTC, on the Sui blockchain, expanding its presence beyond EVM-compatible chains. The integration will allow users to earn Bitcoin staking rewards and use the tokens in DeFi applications within Sui, which currently has $1.3 billion in total value locked (TVL).
Sui just announced that they've been added to President Trump's World Liberty Financial portfolio. It's a big deal and a much higher profile for the high flying project.
World Liberty Financial has announced a strategic collaboration with Sui, one of the most promising Layer 1 blockchains.
World Liberty Financial (WLFI) is partnering with Sui, adding the token to its “Strategic Reserve.” The two companies plan to work on development opportunities, and Sui's price has risen 15%.
World Liberty Financial, a Donald J. Trump-inspired project, has announced a partnership with Sui, a leading Layer 1 blockchain.
The crypto market is mainly green today, according to CoinStats.