Sui’s Biggest Liquidity Provider, Cetus, Hit By $260M Hack; Sui-Based Tokens Plummet 90%
Cetus is Sui’s biggest liquidity provider and decentralized exchange.
Markets
Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?
The move comes as the long/short ratio is at its lowest point since September 2022.
Bitcoin Miners Sold Record Amount of BTC Ahead of May’s Price Surge
With hashprice hovering near break-even levels, miners liquidated 115% of April production.
Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.
Sell in May? Bitcoin Tops $107K, Could Hit Record Highs This Summer Say Analysts
Regulatory tailwinds, persistent ETF and corporate buying, Fed rate decisions and Trump’s looming tariff deadline are setting the crypto market up for an eventful next few months.
SocGen’s Crypto Arm to Launch Dollar Denominated Stablecoin on Ethereum, Reports Say
The stablecoin, initially for institutional investors, follows the launch of SG Forge’s euro stablecoin, EURCV.
Ether Surges 8%, Bitcoin Nears $106K as Crypto Bulls Take Charge
The crypto market’s resilience contrasts with the decline in equities and gold following Moody’s U.S. credit downgrade.
Nasdaq-Listed DigiAsia Plans to Raise $100M for Bitcoin Buys
Stock of the little-known DigiAsia, a Singapore-based firm focused on the Southeast Asian market, surged more than 90% on news that it may build a bitcoin treasury reserve.
XRP Futures Rack Up $1.5M Trading Volumes on CME Debut
Early reporting data from CME showed a volume of 4 for standard contracts and 106 for micro contracts.
Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside
Cryptocurrencies reversed early losses as risk assets shrugged off the Moody’s U.S. debt downgrade.