The post Sui Surges 50% on Institutional Interest and Stablecoin Push appeared on BitcoinEthereumNews.com.
Sui network’s native token, SUI, has climbed 50% over the past seven days after a Nasdaq-listed company staked a large portion of the token’s supply and developers announced upcoming features, including zero-fee stablecoin transfers and private transactions. SUI traded around $0.94 on May 4 before climbing to $1.41 on Sunday, according to CoinGecko. Over the same timeframe, trading volume surged from more than $213 million to over $2.5 billion. Ryan McMillin, co-founder and chief investment officer of Australian crypto investment manager Merkle Tree Capital, told Cointelegraph the rally has likely been driven by multiple reinforcing catalysts. He pointed to a “meaningful supply squeeze” as the “clearest near-term trigger” after Nasdaq-listed SUI Group Holdings revealed Friday that its entire SUI treasury of more than 108 million tokens, worth over $143 million, has been staked.
Strategy’s potential BTC sale has sharpened debate over its bitcoin treasury model after a roughly $12.5 billion quarterly net loss. The company holds 818,869 bitcoin, worth about $67 billion, as investors assess dividends, liquidity, and preferred obligations. Strategy’s Potential BTC Sale Changes the Treasury Debate Strategy (Nasdaq: MSTR) reported first-quarter 2026 results that drew fresh […]
The post Clarity Act Senate Vote Scheduled for Thursday as Stablecoin Yield Fight Reaches Boiling Point appeared on BitcoinEthereumNews.com.
Crypto News The Senate Banking Committee is scheduled to hold its long-awaited vote on the Clarity Act this Thursday, a market structure bill that would formally legalize the majority of crypto activity in the United States. After months of negotiation, industry leaders are voicing rare optimism, though unresolved disputes over stablecoin rewards, ethics provisions covering presidential business dealings, and protections for DeFi software developers continue to threaten the package. A compromise from Senators Thom Tillis and Angela Alsobrooks would restrict some stablecoin yield programs while permitting activity-based rewards, but banking groups argue the language still contains exploitable loopholes ahead of Thursday’s committee markup. Binance disclosed that its in-house security stack blocked roughly $10.5 billion in user losses between the st
Market volatility underscores investor anxiety over AI profitability, geopolitical tensions, and mixed tech earnings, impacting future confidence.
The post US stocks open lower as Dow, S&P 500, and NASDAQ all slide into the red appeared first on Crypto Briefing.
Circle shares surged as analysts pointed to expanding stablecoin use cases and forecast significant upside as USDC adoption continues to gain traction.
Aster's fee-free swap promotion may intensify competition, pushing stablecoin conversion fees toward zero, benefiting active traders.
The post Aster offers fee-free swaps between USDC and USDT for 30 days appeared first on Crypto Briefing.
BlackRock files $7B Ethereum Treasury fund using ERC-20 tokenized share structure BNY Mellon maintains official on-chain register linking custody with blockchain systems Ethereum becomes settlement layer for tokenized Treasury and stablecoin-linked assets BlackRock has expanded its blockchain-linked investment strategy through a new filing tied to its Select Treasury-Based Liquidity Fund. The fund holds roughly $7 […]
The post BlackRock Advances Ethereum-Based Treasury Tokenization appeared first on Live Bitcoin News.
While American bankers, lawmakers, stablecoin issuers, and crypto exchanges trade barbs, Circle investors appear entirely unbothered. Circle Internet Group (NYSE: CRCL) closed roughly 16% higher on Monday at Wall Street’s close, after the stablecoin issuer announced a $222 million pre-launch token sale for its new layer-one (L1) blockchain project, Arc, backed by Blackrock, A16z, Apollo, […]
The Office of the Comptroller of the Currency (OCC) has granted Augustus conditional approval to establish Augustus Bank, N.A., a clearing bank built from the ground up around stablecoin and artificial intelligence (AI) infrastructure. Augustus Clears First OCC Hurdle for AI Clearing Bank The New York-based company, formerly known as Ivy, announced the conditional approval […]