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SUI, the native token of the Sui network, plunged 9% to $2.10 over the past 24 hours, sharply underperforming the broader crypto market during a sector-wide selloff.The token’s 4.89% lag behind the crypto market suggests the move wasn’t just about market weakness but that it was SUI-specific.The selloff carried the hallmarks of institutional liquidation. Prices dropped from $2.32 to test critical support, with trading volume surging 53% above the 7-day average. The spike in activity points to large-block repositioning, not a retail-driven panic.At the core of the move was a decisive breakdown at $2.16. SUI dropped through that level on…

Rebeca Moen Nov 03, 2025 13:11 Federal Reserve Chair Powell’s hawkish comments drive significant outflows from digital asset funds, with Bitcoin ETFs experiencing major withdrawals, according to CoinShares. In the latest report from CoinShares, digital asset investment products have experienced a significant outflow of $360 million. The outflow was primarily driven by Federal Reserve Chair Jerome Powell’s hawkish comments regarding potential interest rate cuts in December, which left investors uncertain about future market conditions. Regional Impact and Bitcoin’s Sensitivity The outflow was notably concentrated in the United States, where digital asset investments saw…

Brittany Kaiser, CEO of AlphaTON Capital (Nasdaq: ATON) and global data-rights activist, will speak on a high-profile panel at SALT London 2025, taking place November 5–8. The panel, titled “New Access Points: DeFi, Tokenization, and Digital Asset Treasuries (DATs),” will feature leading industry experts and be moderated by Camilla McFarland, Chief Growth Officer at The Ether Machine.Joining Kaiser on the panel are:Patrick Horsman, Chief Investment Officer, BNBXMichael Healy, Co-founder, Unit NetworkHenry K. Elder, CEO, Satsuma TechnologyThe panel will explore emerging opportunities in decentralized finance, tokenized assets, and institutional access to digital ecosystems. Attendees will gain insights into how innovative digital asset strategies are reshaping capital markets, unlocking…

“`htmlIn the ever-evolving digital landscape, Web3 represents the third generation of internet services, focusing on decentralized applications. A foundational step to engaging in this arena involves setting up your first Web3 wallet. This guide will walk you through the process, making it accessible and straightforward.Understanding Web3 WalletsBefore diving into the setup, it’s essential to comprehend what a Web3 wallet is. These wallets serve as the gateway to the decentralized web, allowing users to store, send, and receive cryptocurrencies, as well as interact with decentralized applications (dApps).Key Features of Web3 Wallets:Decentralization: Unlike traditional wallets, which depend on centralized banks, Web3 wallets…

Bybit’s Emily Bao: “The Future of Crypto Lies in CEX-DEX Convergence” – Chainwire HomeNewsroomBybit’s Emily Bao: “The Future of Crypto Lies in CEX-DEX Convergence” We use cookies to make Chainwire’s website a better experience. Cookies help us provide a more personalized experience and relevant advertising for you, and web analytics for us. The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole…

In the era of growing digital currency popularity, Bitcoin mining has become a new way for many people to earn passive income. As a leading cloud computing platform, 8HoursMining has won the favor of miners worldwide for its efficient, convenient, and secure services. Users can easily participate in Bitcoin mining by purchasing a computing package on the platform, eliminating the need to purchase expensive mining machines, worry about equipment maintenance, or worry about electricity costs.According to platform data, some users have earned up to $5,313 in daily profits, truly realizing the promise of “online mining, easy money.” Leveraging globally distributed…

ETH’s price cannot sustainably rally if the downtrend in network activity continues. Ethereum’s daily active address count continues to trend lower as it extended a multi-week decline in user participation. The decrease implies fewer users are interacting with smart contracts, dApps, and transfers, which indicates lighter on-chain engagement across the network. The number of unique addresses sending or receiving ETH daily has fallen dramatically, from roughly 480,000 in mid-August to nearly 363,000 by October 26. This 24% contraction isn’t just a superficial on-chain dip. ETH Network Is Quieting Down Active address trends have historically been deeply intertwined with price…

At Smartcon 2025, XSwap introduced its Token Creation Platform (TCP) in partnership with Chainlink and Base, enabling the creation of cross-chain tokens in seconds through a no-code system designed to streamline blockchain interoperability. Chainlink and Base Power XSwap’s Cross-Chain Token Tool XSwap revealed its Token Creation Platform (TCP) during SmartCon 2025, in partnership with Chainlink […] Source link

Nasdaq-listed Tharimmune (THAR) has raised about $540 million in a private placement led by DRW and Liberty City Ventures, as the biotech firm pivots toward a digital asset treasury (DAT) strategy centered on canton coin (CC), the company said in a press release Monday.THAR is up roughly 30% on the announcement. The thinly-traded canton coin, the utility token powering the Canton Network, a blockchain designed for institutional finance, is lower by 4%.The round also drew participation from a wide range of crypto-native and traditional finance players, including ARK Invest, Bitwave, Broadridge, Clear Street, Copper, Digital Asset, Kaiko, Kenetic, Kraken, Lukka,…

Jessie A Ellis Nov 03, 2025 13:20 BounceBit partners with OKX and Standard Chartered to expand institutional access to tokenized U.S. Treasuries, enhancing custody and execution through innovative strategies. In a significant move to broaden institutional access to tokenized assets, BounceBit has announced a collaboration with financial giants OKX and Standard Chartered. This partnership aims to enhance the custody and execution of tokenized U.S. Treasuries through innovative CeDeFi strategies, according to BounceBit. Integration of Tokenization Strategies The collaboration leverages Prime’s tokenized Treasury CeDeFi strategies by pairing custody at a Global Systemically Important Bank…