Sui Foundation Teams up with Babylon Labs, Lombard and Cubist to Bring Programmable Bitcoin to Sui

Grand Cayman, Cayman Islands, November 25th, 2024, Chainwire Sui now taps into the $1.8 trillion dollar asset, activated by Babylon Bitcoin staking Babylon Labs and Lombard Protocol jointly announced a strategic initiative to integrate Bitcoin with Sui, the Layer 1 blockchain and smart contract platform, which aims to onboard Bitcoin liquidity to the Sui ecosystem,…

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‘No Settlement,’ Says Ex-SEC Lawyer as Gensler Secures Partial Win in XRP Case

SEC Chair Gary Gensler’s planned January 2025 departure impacts Ripple’s legal battle, as XRP reaches $1.5 amid increased trading volumes and positive market sentiment regarding regulatory clarity. SEC achieved record-breaking enforcement in 2024 with $8.2 billion in penalties and processed 45,130 whistleblower tips, resulting in $255 million in awards and $345 million returned to investors….

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76% of Influencer-Promoted Memecoins Are Now Worthless

76% of influencers on X promoted memecoins that lost all value, while only 1% achieved a tenfold growth. Memecoin activity boosts the Solana network, with PNUT and WIF driving milestones and broader cryptocurrency trends. A CoinWire research report has revealed a surprising tendency among crypto influencers on X, the site formerly known as Twitter. The…

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Daily Market Review: BTC, ETH, SAND, PNUT, SEI

The bears are in control of today’s session, as seen from the decrease in the global market cap. The total cap stood at $3.35T as of press time, representing a 0.74% decrease over the last 24 hours, while the trading volume dropped by 2.28% over the same period to stand at $198.38B as of press…

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MicroStrategy Is a Bitcoin Magnet Pulling in the Earth’s Capital Reserves: Bernstein

MicroStrategy’s (MSTR) bitcoin (BTC) treasury model is unparalleled and the company is expected to attract billions of dollars of investment into the world’s largest cryptocurrency, broker Bernstein said in a research report Monday. Bernstein raised its MicroStrategy price target to $600 from $290 while maintaining its outperform rating on the stock. Rival broker Canaccord raised…

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