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Tech

Sui Foundation Bins MovEx After Violation of SUI Token Lockup Schedule

MovEx had violated the lockup by initiating three transactions of 625K SUI to three unique wallets, sparking concerns around these excess tokens in the open market.

Sui Foundation sacks MovEx after token unlock violation (Matt Smart/Unsplash)

Markets

Dogecoin Bumps 10% on X Payments Speculation, DOGE Futures Traders Lose $10M

Crypto traders are buying up DOGE in hopes of the token playing a larger role on Twitter, which rebranded as “everything app” X on Monday.

Dogecoin Foundation Returns With Ethereum’s Vitalik Buterin as Adviser

Markets

Dogecoin Rises After Twitter Rebranding, Bitcoin Slides to $29K

One analyst pointed out the $27,000 level could be a short-term target for bitcoin amid the lack of positive news.

Twitter and Doge Icons (Twitter)

Markets

Bitcoin Dawdles Below $30K as Investors Eye Coming Fed Rate Decision, BTC Options Expiry

Next week’s U.S. central bank interest rate decision and the bitcoin options expiry are unlikely to move markets, which have been stuck for weeks.

BTC daily price (CoinDesk)

Markets

MakerDAO’s MKR Soars 28% in a Week as Token Buyback Scheme Goes Live

The lending platform is on track to remove some $7 million of MKR governance tokens from the market in the next month, according to blockchain data.

MKR weekly price (CoinDesk)

Markets

SOL, XRP Lead Slide in Crypto Majors as Bitcoin Lingers Below $30K

Some of the selling pressure may have also arisen as U.S. House Republicans introduced a new digital assets oversight bill on Thursday that aims to establish a regulatory framework to protect investors in the crypto sector.

(AhmadArdity/Pixabay)

Markets

Move Over Shiba Inu: Crypto Community Flirts With Hamster Race Betting

A bunch of actual hamsters are racing on a new platform, and returns-starved traders are placing BUSD-based bets on who wins.

Hamster racing appears to be the new craze for the crypto community. (Catherine Falls Commercial/Gettyimages)

Markets

Chainlink’s LINK Pops 15%, XRP Loses Steam as Bitcoin Revisits $29.6K Range Lows

Tech stocks such as Tesla and Netflix, which crypto prices tend to correlate with, sold off during the day as investors shied away from risk assets.

BTC daily price (CoinDesk Indices)

Markets

XRP Soars 10%, Lifting Altcoins as Bitcoin Dominance Teeters at 1-Month Low

Bitcoin’s stall despite a recent wave of positive crypto news is a cause for concern, one observer said.

XRP price in the last 24 hours (CoinDesk)

Markets

XRP Futures Set Open Interest Record High for 2023

Open interest on XRP-based futures contracts crossed the $1.1 billion mark in the past 24 hours.

(Shutterstock)