The news comes amid the company's 10-year anniversary celebration.

The SUI price surged 12.7% during the U.S. market trading sessions, currently trading at $2.07. The bullish trajectory can be attributed to TVL's surge above the $1 Billion mark, and Bybit's Launchpool supports SUI as its first native token.

The price of Sui (SUI) has surged over 17% in the past 24 hours, breaking the crucial $2 mark for the first time in six months. This bullish trend is largely attributed to positive news from the crypto exchange Bybit, which announced its support for SUI as a native ecosystem pool token on October 7.

Layer-1 chain Sui is igniting another leg of its rally, brushing up against all-time highs while its network sees more growth. At time of writing, SUI is up 140% in the last 30 days, and 266% from its yearly low hit in August.

SUI has been caught in a whirlwind of market uncertainty, leading many analysts to question its potential for reaching new all-time highs (ATH). Despite a brief upward trend, signs are emerging that suggest SUI may not be able to maintain this momentum, particularly in light of recent technical indicators that point to a potential downturn.

As the cryptocurrency market enters a new week, several digital currencies are experiencing notable gains, fueled by Bitcoin's robust performance. Bitcoin, the leading asset, is seeing impressive traction alongside emerging meme coins like Hamster Kombat and POPCAT. The overall landscape is vibrant, attracting keen interest from investors and traders alike.

Tether marked its 10th anniversary on Monday, celebrating a market capitalization nearing $120 billion with over 350 million users globally.

As we head into “Uptober,” the cryptocurrency market is buzzing with potential opportunities. While Ethereum continues to lead the charge in decentralized finance (DeFi) and smart contracts, its price struggles to find a bottom, with a 3-month return down by 18%.

Sui has surged more than 20% in 24 hours to reach its highest price level in six months, amid positive news from crypto exchange Bybit. Bybit announced support for Sui (SUI) as a native ecosystem pool token on Oct.

Sui has become cheaper and faster than Solana, cementing its position as a formidable alternative.

The daily transaction volume on the Sui blockchain has skyrocketed by 115%, indicating increased demand and potential for a breakout above the $2.00 mark.

Bybit Launchpool now supports the SUI pool, its first native token pool. Bybit also replaces the USDT pool with USDC and introduces the NAVI token in the SUI ecosystem.

With Bitcoin price reclaiming the $63k mark, the cryptocurrency market has recorded a strong bullish recovery over the past day. Moreover, the Sui coin price has regained traction and is on the verge of reclaiming the $2 mark.

Among the altcoins, $SUI and $APT put on two impressive runs over the last several days that took them both to gains of at least 10% for the week. Can these positive gains be maintained going forward?

Sui (SUI), a Layer-1 blockchain, has recently experienced substantial growth, particularly in daily transaction volume. In tandem with this spike in activity, SUI's price has climbed by 10% in the last 24 hours.

Tether celebrates USDT's 10th anniversary, highlighting its dominance in inflation-affected countries and plans for future expansion beyond financial tools.

SUI token surges 115% in 30 days, driven by memecoin rally and network growth, reaching $1.69 amid increased transaction volume and total value locked.

With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.

The United States alleges that a North Korean hacking group conducted a series of brazen heists, targeting both traditional financial institutions and the crypto space.

Tether celebrates 10 years of innovation, solidifying its role as the leading stablecoin with 350 million users worldwide. Discover Tether's impact on global finance and its future vision.

The company is preparing to become compliant with the European MiCA to avoid delisting.

Charles Hoskinson, the founder of Cardano (ADA), addressed the crypto community from London amid a European tour that included Italy and Switzerland on Sunday. In a video update, Hoskinson dispelled rumors about his commitment to ADA while offering insights into other blockchain projects, notably Sui.

Bitcoin poised for gains as metrics and liquidity signal potential bullish trend.

Stablecoin issuer Tether is celebrating its 10th anniversary along with the success of its flagship product, USDT.

Coinbase is preparing to delist stablecoins that don't adhere to European regulations by year's end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union's Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies.

SUI price has been experiencing an upward trend recently, making it a potential contender for reaching a new all-time high (ATH). However, shifting investor sentiment suggests that the altcoin may struggle to achieve this milestone.

The global crypto market cap ended last week with a 7% drop, losing $160 billion as it closed at $2.15 trillion.

Coinbase has announced plans to delist Tether's USDT and other stablecoins that do not comply with the European Union's Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase's efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state.

Coinbase reportedly plans to cut support for certain stablecoins in the European Union (EU) by the end of the year. A spokesperson for the crypto exchange tells Bloomberg the exchange will delist stablecoins in Europe that don't comply with the EU's Markets in Crypto-Assets Regulation (MiCA).

The Layer 1 blockchain network SUI is currently in the spotlight. A few days ago, Sui became the first blockchain to activate a secure alternative to the Border Gateway Protocol.

Cardano founder Charles Hoskinson has again shaded the Solana network while praising the Sui network as a better option. Although Hoskinson was full of praise for Sui, he asserted that Cardano remains the number and gave reasons why he believes so.

Cardano founder Charles Hoskinson has commended the team behind Sui, a fast-rising blockchain network that has recently gained significant traction.

SUI is currently testing a crucial supply zone following a massive 95% surge triggered by the Federal Reserve's recent interest rate cut announcement. The explosive rally, driven by significant buying pressure, has led to volatile price action, raising questions about whether this upward momentum can be sustained.

SUI, one of the best-performing altcoins in the top 100 cryptocurrencies, has seen a remarkable price surge of 110% in the last 30 days. This impressive price rise, driven by high demand and speculative trading, has pushed SUI's price to new highs.

to the MiCA regulation by the end of December 2024. This decision is part of the company's compliance with the new regulatory requirements of the European Union for the digital asset sector.

Tether is preparing to launch a new technology specifically for the European market. This strategic move comes in response to changing regulatory frameworks in the region, especially as MiCA (Markets in Crypto Assets) regulations come into full effect.

Despite Bitcoin's shaky start to October, APT, POPCAT, and SUI led the weekly gainers list.

SUI has a robustly bullish structure on the daily chart, but the $1.81 resistance is pivotal.

The U.S. government is taking legal action to seize 200,000 tether (USDT), worth $200,000, linked to a major cryptocurrency fraud. The funds, converted from stolen bitcoin, could soon be returned to the Ohio victim after a forfeiture trial. Investigators used blockchain technology to track the illicit funds, leading to their freeze and eventual federal seizure.

Crypto activity is dynamic, and with over two million tokens (and growing), it is hard to know precisely which of these coins will pump and on which network. Admittedly, meme coins have been dominating headlines, especially on Solana.

Sui announced that it has adopted SCION as a defensive strategy to protect its layer 1 blockchain. SCION has been advertised as a means to help nodes prevent unauthorized traffic manipulation.

SUI gained 115% in a month after integrating USDC into its blockchain, which resulted in a parabolic surge in user and network activity.

Tether's new tech solution may influence stablecoin compliance strategies, impacting regulatory adaptation and market dynamics in Europe. The post Tether to unveil new tech solution for European market amid Coinbase delisting rumors appeared first on Crypto Briefing.

Coinbase, a leading US cryptocurrency exchange, is set to delist all non-compliant stablecoins from its European platform by the end of 2024. The move comes as the European Union's Markets in Crypto-Assets (MiCA) regulation, which enforces stringent standards on stablecoin issuers, takes full effect in December.

TL;DR Coinbase will delist all unauthorized stablecoins in the European Economic Area by December 30, 2024. Regulation of stablecoins under MiCA requires authorization as an electronic currency in at least one member state. Coinbase will offer options for users to convert their stablecoins to compliant versions, such as Circle's USDC. Coinbase Global Inc.

While focusing on developing countries, Tether is doing its best to maintain a good relationship with the United States, Paolo Ardoino told Cointelegraph.

As October started, the cryptocurrency market faced a significant crash, increasing the bearish sentiment and attracting highly capitalized short-sellers. Some cryptocurrencies now risk suffering a short squeeze as imbalances appear in the market's open interest, dominated by short positions.