The native token of the decentralized smart contract platform Sui (SUI) kicked off the week with an all-time high of $4.96, buoyed by an overall bullish trend in the cryptocurrency market. The momentum was short-lived, as SUI experienced a significant retracement on Friday, plummeting nearly 30% to $3.49.

Beginning Monday (Dec. 23), moviegoers across the United States will be able to pay for ticket and concession purchases at Regal theaters with the USDC stablecoin. The theater chain will offer this payment method at more than 400 Regal Cinemas in collaboration with Coinbase Wallet and Flexa, Coinbase said in a Thursday (Dec.

Sui Network, the layer-1 blockchain, has gained interest in the cryptocurrency space due to its excellent performance and speed. Since its launch in May 2023, Sui quickly positioned itself as a huge player in the blockchain platform sphere, especially in real-time applications such as gaming and DeFi.

Starting December 23rd, Coinbase Wallet users can save 10% on tickets and concessions at Regal Movies theaters. This offer is made possible through a new partnership with Flexa.

TL;DR Grayscale Investments has launched the Grayscale Sui Trust, providing institutional-grade access to the SUI token without direct ownership. The trust, managing $12.88 million in assets, offers a simplified route for investors to participate in the SUI ecosystem, with shares tracking the SUI price minus fees and expenses.

Sui Network's native token, SUI, has become one of the standout performers in the cryptocurrency market, soaring by nearly 500% since September. This impressive rally has caught the attention of traders and investors alike, as SUI continues to show strength despite some market volatility.

Grayscale Investments has introduced the Sui Trust, managing $12.88 million in assets as of December 18, 2024, giving qualified investors institutional-grade exposure to SUI. Despite this milestone, SUIs price has fallen 12% to $4.13, while trading volume soared by nearly 109% to $3.1 billion.

Grayscale Investments has announced the launch of the Grayscale Sui Trust, providing qualified investors an opportunity to gain exposure to the SUI token in the form of a security. The trust, designed for institutional-grade access, offers a simplified route for investors to participate in the SUI ecosystem without directly holding the digital asset.

Thompson takes over for Greg Siourounis, who served as the Sui Foundation's managing director since its inception in 2023.

Meta veteran Christian Thompson is now the new Managing Director of the Sui Foundation.

Key Points:

With the rapid development of blockchain technology, traditional mining methods have gradually revealed their high cost and high energy consumption problems. As an emerging mining method

The crypto market took a battering after Fed Chair Powell's speech at the FOMC meeting on Wednesday. However, Thursday has dawned brightly for the crypto market and a bounce is under way.

Sui price joined other altcoins in bouncing back after falling sharply following the hawkish Federal Reserve interest rate decision. It has been one of the best-performing cryptocurrencies this year, rising by 440%.

Sui Network's SUI token maintains its bullish market structure after a 500% rally since September, currently trading at $4.494 with strong technical indicators suggesting further upside potential toward $5.38.

Sui Network (SUI) has taken the cryptocurrency market by storm, delivering a stunning 500% rally in just under four months. The surge has caught the attention of traders and analysts alike, as the token continues to show strong bullish momentum.

At press time, the 23.6% Fibonacci extension level at $4.494 served as a short-term support.

Arkham Intelligence has partnered with Sui Network to integrate Sui blockchain data into its analytics platform. The collaboration will provide Sui (SUI) users access to Arkham's tools, including dashboards, entity and address pages, real-time alerts, and visual tracing features.

SatLayer, a Bitcoin restaking platform, announces strategic partnership with Sui blockchain to expand Bitcoin's utility in DeFi, aiming to merge Bitcoin's security features with Sui's rapid transaction processing capabilities.

SatLayer, a leading Bitcoin (BTC) restaking platform, and Sui, a prominent Layer 1 blockchain, have announced a strategic partnership to advance Bitcoin DeFi (BTCfi) by integrating Bitcoin's liquidity and security into the Sui ecosystem, as learned by Finbold on Wednesday, December 18.

Stablecoin issuer Circle has unveiled the Cross-Chain Transfer Protocol for the Sui Network and its users. The protocol is now live on the mainnet, allowing Sui Network developers, as well as their users, to transfer USDC across nine different blockchains, including Ethereum and Solana.

TL;DR SatLayer integrates with the Sui blockchain to expand Bitcoin's use in DeFi applications, allowing developers to secure dApps with Bitcoin's value and security. The collaboration strengthens the security of decentralized applications on Sui, a blockchain focused on fast transactions and scalability.

SatLayer's integration with Sui is aimed at providing developers with a new way of leveraging Bitcoin to secure decentralized applications.

Global payroll provider Remote has partnered with Stripe to enable USDC payments for contractors in 69 countries, offering faster, stable, and cost-effective cross-border transactions.

In a recent announcement, Binance revealed that it would be delisting several tokens from its platform's spot trading pairs on December 20, 2024. The tokens to be delisted include SUI, HMSTR, BNT, CYBER, and AEUR. Following the news, the prices of these tokens have already begun to drop by almost 10%.

Binance is set to delist underperforming trading pairs for Sui (SUI), Hamster Kombat (HMSTR), Bancor (BNT), Cyber (CYBER), and Anchored Coins (AEUR). These tokens have experienced notable price drops recently following the announcement, with SUI down 6%, HMSTR down 10%, and others also recording a dip between 5% to 10%.

Hyperliquid's HYPE token launch sparked $1 billion in USDC inflows, driving its Total Value Locked to $3.4 billion. Investor confidence and platform activity continue to surge.

The new service is available "starting with" US companies paying contractors in 69 countries.

Sui Network, aka Sui Bridge has succeeded in integrating Circle's Cross-Chain Transfer Protocol (CCTP), allowing users to securely move their USDC stablecoin across Sui and nine other blockchain networks. This will significantly improve the interoperability and usability of USDC across multiple platforms.

Wormhole extends support for Circle's Cross-Chain Transfer Protocol, enabling seamless USDC transfers across major blockchains with enhanced liquidity and developer integration.

The third week of December 2024 started on a mixed note for many altcoins, with some registering notable hikes while others keep consolidating. As a result, none of the top trending altcoins today have seen their prices increase by a significant figure.

Sui Bridge integrates Circle's Cross-Chain Transfer Protocol (CCTP) enabling seamless USDC transfers between Sui and eight other blockchains, enhancing interoperability and efficiency.

Since launching its native token, HYPE, on Nov. 29, Hyperliquid has experienced a surge in activity, recording over $1 billion in USDC net inflows.

Ripples RLUSD stablecoin, backed by U.S. dollar deposits and operating on both Ethereum and XRP Ledger, enters the market as a competitor to USDC and USDT. With regulatory trust and global expansion plans, RLUSD targets institutional adoption for payments and liquidity.

Hyperliquid's surge is driven by its community-first approach, with its native HYPE token soaring 774.73% in just one month.

SUI price is on the verge of making history, with the potential to reach a new all-time high as it trades just 2% below its previous peak. If bullish momentum continues, SUI could break the $4.92 resistance and hit $5 for the first time by the end of December 2024.

Bitcoin (BTC) surged to a record high above $106,000, driven by President-elect Donald Trump's plans for a strategic Bitcoin reserve and a surge in institutional demand.

As the year draws to a close, Ethereum rivals are gaining traction in the cryptocurrency market. Investors are focusing on altcoins with high growth potential, expecting substantial returns before January 2025.

Blockchain network Hyperliquid has recorded over $1 billion in net inflow of USDC stablecoin since its airdrop on November 29. According to data from SpotOnChain, the number of USDC within the network deposit bridge doubled over the last 17 days, increasing to $2.09 billion USDC.

Hyperliquid also announced Monday that it has reached a new all-time high in open interest of above $4.3 billion.

SUI came close to $5.

World Liberty purchased ONDO tokens at an average price of $1.83 and the large acquisition led to a short-term price surge for ONDO. The post Trump Family Crypto Project World Liberty Purchased ONDO Using USDC: Arkham appeared first on Cryptonews.

The SUI Network's decentralized finance (De Fi) ecosystem has achieved a groundbreaking milestone, with its total value locked (TVL) surpassing $1.79 billion. This surge highlights the network's rapid adoption, particularly driven by the dominance of its lending platforms, Sui Lend and NAVI Lending.

SUI's DeFi ecosystem hits a $1.79B TVL milestone, driven by SuiLend and NAVI Lending.

Sui has announced a strategic partnership with Ant Digital to tokenize RWAs with a focus on environmental, social, and governance (ESG) assets. The post Sui Blockchain and Ant Digital Partner to Tokenize ESG Assets appeared first on Cryptonews.

SUI momentum continues after recording a new all-time high (ATH) on Friday morning. The cryptocurrency surged 4.5% to near the $5 barrier for the second time this week, fueling investors' optimism about the token's future price action.

Sui's ecosystem showcases strong growth and metrics, solidifying its position in the DeFi landscape.

Sui announced today that it was partnering with Ant Digital Technologies and its subsidiary Zan to tokenize environmental, social, and government (ESG) RWAs.