Over $983 million were liquidated in the last 24 hours, with $891.9 million from long positions
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submitted by /u/Next_Statement6145 [link] [comments]
submitted by /u/diwalost [link] [comments]
While Bitcoin ETFs flipped to $278 million of outflows amid the Trump-Musk feud, Ether ETFs saw inflows, continuing a 14-day inflow streak.
Yuga Labs CEO Greg Solano said the DAO became a slow, noisy, unserious governance theater.
Someone just drained my wallet, and I don't know what to do. It's just this specific wallet address on Ethereum. Here are the wallet and transaction. Can someone help? https://etherscan.io/address/0x8211310A6d22b2098193A68A006FA6b0784df9E3 Hacker Transfered Moodeng, Pepe and ETH from my account. submitted by /u/hirenkavad [link] [comments]
SUI, one of the leading altcoins of this cycle, has recorded an impressive price recovery over the past two months. However, as the cryptocurrency fails to hold some key levels, some analysts warn of a potential drop below the $3.00 support. Related Reading: Ethereum Eyes 15% Move Amid Key Resistance Retest – Breakout Or Rejection Next? SUI Rally Risks Massive Price Drop Since hitting its four-month high of $4.29, SUI’s price has been moving sideways, hovering between $3.40-$4.00 throughout most of May. Amid last week’s market retrace, the altcoin recorded a 14.2% price drop, losing its range and hitting the $3.00 support over the weekend. At the start of this week, SUI saw a mild recovery alongside the rest of the market, surging to the $3.20 area. Nonetheless, the cryptocurrency has failed to hold this level over the past 24 hours and dropped to the $3.10-$3.15 area on Thursday morning. Crypto analyst Carl Runefelt warned that the cryptocurrency’s rally could be in danger as it risks breaking down of a descending triangle pattern. Per the post, the altcoin has been trading within this formation for the past month, also displaying a potential Head & Shoulders setup forming inside of the triangle, and the pattern’s baseline sitting around the $3.10 support. To the analyst, “if it breaks out of this triangle to the downside, then the fall can be very hard,” forecasting a nearly 35% retrace toward the $2.00 mark. On the contrary, a breakout to the upside could propel SUI’s price toward the $4.20 resistance. Analyst Crypto Bullet recently highlighted a “humongous” rising wedge pattern in the cryptocurrency’s chart, which eyes the $8-$10 area as the next major target. According to the chart, SUI has been moving within this pattern since early 2024, hovering between the upper and lower boundaries for over a year. Notably, the cryptocurrency hit the support trendline one more time during the April low, bouncing from this level. Based on this, the analyst considers that the current dip could be “the last opportunity to add to your bags before SUI makes a new ATH.” Can It Repeat Its Late 2024 Playbook? Analyst Rekt Capital noted that SUI was positioned for a bullish Monthly Candle Close in May, aiming to replicate its late 2024 performance. Last year, the cryptocurrency retested the $3.39 level and turned it into support, which acted as a springboard toward its January 2025 all-time high (ATH) of $5.35. This time, May closed below this crucial level, failing to confirm it as support and losing the recent price range. SUI is now “showcasing very early signs of upside wicking into said level to turn it into new resistance.” The analyst warned that June could see the cryptocurrency reject from this level “if things don’t change over the course of this month.” SUI is currently located inside the $2.33-$3.39 price range and is trying to position itself for a reclaim of the Range High to facilitate a breakout. However, it has unsuccessfully attempted to surge to that level, which could send the price toward lower levels if it “continues to float here without covering additional ground.” Related Reading: Bitcoin To Face ‘One Last Speed Bump’ Before Rally To $140,000 – Analyst Therefore, SUI risks dropping 10% toward the $2.81 mid-range area, which acted as support and weak resistance earlier this year, and falling 30% to the $2.33 range low if the previous level doesn’t hold. “If SUI fails to show signs of reclaiming $3.39 as support (at least on the Daily timeframe via Daily Closes above $3.39), then sub-$3 regions could be on the cards,” the analyst concluded. As of this writing, SUI trades at $3.08, a 2.3% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
Yes, as you can see in the chart above, in 2025, Ethereum Layer 2 (L2s) solutions like Base, Optimism, Arbitrum and zkSync have not only caught up, they have actually surpassed many L1s in terms of cost efficiency. On chain activity on these L2s now usually costs just a few cents and sometimes even fractions…
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A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill.
A group of crypto advocacy groups have urged lawmakers to include a bill protecting software devs from being labelled as money transmitters included in a crypto market structure bill.