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Bybit Highlights Factors That Pulled BTC Below $60K

The market produced its most oversold signal for this cycle, as investors panic-sold with no regard for price. Analysts at the crypto exchange Bybit have highlighted factors that contributed to bitcoin (BTC) recording its worst single-week percentage decline since the FTX collapse in November 2022. According to the report, the decline was not triggered…

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Sui Blockchain Registers $65 Billion in Stablecoin Volume Following Major Fee Removal Protocol

Key Takeaways Mysten Labs cut Sui fees, driving $65B volumes since June 10 after making stablecoins transactions free. Certik noted Sui hit $2.27T in volume since early 2024, focusing on B2B markets and retail use. Adeniyi Abiodun states Sui aims to increase market adoption as devnet tests private transactions. Sui Attracts Attention With Gasless Stablecoin…

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