Business – Page 934

SUI (SUI) Price fleeting as a 24-hour trading volume tops 30-day average by 11%

Sui Experienced a turbulent 24-hour trade window marked with sharp intradag swings and heavier than usual trading activity. After originally thrown to $ 2.71, the token mounted a short demonstration against $ 2.92 before encountering strong resistance near $ 2.82. This zone closed the recovery and triggered a rapid reversing that withdrew prices back against […]

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BTC to $ 104,000 as Fed expects weaker growth, higher inflation

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When it was almost universally expected, the US Federal Reserve left benchmark interest rates stable with 4.25% -4.50% Wednesday at the June meeting. “Although swings in net exports have affected the data, recent indicators suggest that economic activity is still expanding at a solid pace,” the press release states. “Unemployment remains low and labor market

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Uniswaps UNI -Token expands recovery when buyers defend $ 7.14 Support

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Uniswaps Governance -Token continues its impressive comeback and trades over $ 7.46 Tuesday after collecting 70% from its annual low at $ 4,551 on April 7. The token has logged seven weekly winnings in the last eight weeks – the longest positive stretch since the beginning of 2023 – and now is permanent trade over

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COINBASE (COIN) debuting StableCOin Payment Stack after Shopify Partnership

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Crypto Exchange Coinbase (COIN) venture further into the global payment business with the launch of Coinbase payments, the company said in a Wednesday blog post. The service, built on Coinbase’s Ethereum Layer-2 network base, is already live with Ecommerce-Platform Shopify and was designed to bring stablecoin payments to merchants who support around the clock around

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Polyhedra promises repurchase plan after liquidity attack

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Welcome to the Protocol, Coindesk’s weekly wrapping of the most important stories in cryptocurrency tech development. I am Margaux Nijkerk, Coindesk’s Tech & Protocol’s reporter. In this number: Polyhedra accuses liquidity attacks for sudden 80% price drop in ZKJ, promise repurchase UK Startup Uptalysys debuting server for Blockchains Kraken-supported ink foundation for AirDrop Ink-Token, starting

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Default Chartered (Stan) sees new growth limits in non-stable-coin-tokenization

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Stableecoins dominate the tokenization of assets in the real world (RWA), but Standard Chartered (Stan) said it sees signs of a wider shift in progress. With only $ 23 billion currently in Non-StableCoin Rwas, approx. 10% The size of the stablecoin market, the investment bank expects significant growth as regulatory clarity improves, and the focus

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Bitcoin Defi Project Elastos debuting BTC stacked StableCoin BTCD

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A Bitcoin-blockchain-based Decentral Finance (DEFI) project debuted a stableecoin fully backed by Bitcoin Tokens as part of its efforts to build a financial system centered on the largest and oldest cryptocurrency. Elastos, developer of the BEL2 protocol, revealed his Bitcoin dollar (BTCD) on Wednesday. The project aims to create a digital version of the Bretton

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Coin Baser Divestors, Nodal Clear Plan to use USDC as security for Futures -Handler

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Coinbase -DeDivates and Nodale Clear are working to integrate USDC stableecoin as security in regulated US futures markets aimed at launching the new framework in 2026. If approved by the Commodity Futures Trading Commission (CFTC), the plan is expected to mark the first time that a stableecoin is formally accepted as security for margined futures

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Blackrocks $ 2.9B -tokenized Finance Ministry BUIDL Accepted as security on crypto.com, bounded

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The largest tokenized US Finance Ministry, Blackrock USD Institutional Digital Liquidity Fund (Buidl), can now be used as security on two of the most active crypto trading platforms, Crypto.com and Deribit, Is Securitize Issuer in a Wednesday press release. The lists allow institutional dealers to place buidl -tokens as margin for geared trades on these

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Ethereum defends $ 2.5,000 when Traders Eye Threatening ‘Golden Cross’ signal

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Ethereum’s price action has formed a consolidation pattern between $ 2,500- $ 2,540 with falling volume, suggesting accumulation rather than distribution. Cryptocurrency remains trapped under the critical $ 2,800 resistance level, which has served as a barrier several times in recent weeks, with dealers who carefully look at an outbreak that could trigger renewed momentum

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