The #SUI token has increased by 4.24% over the past 24 hours, reaching the $4.50 psychological mark. With a market cap of $13.24 billion, the recovery hints at a potential bull run before the end of 2024.

SUI Price Analysis

Currently, the SUI token is trading at $4.5370 with an intraday pullback of 3.66%. This marks a bearish exhaustion after the overnight recovery of 9%. The surge last night created a bullish engulfing candle to complete a morning star pattern. 
This resulted in a 24-hour high of $4.75. In the 4-hour price chart, the SUI token showcases a bullish dominance at the local support trendline, resulting in two consecutive engulfing candles. 
The recovery run breached the 50% Fibonacci level but failed to sustain the bullish dominance. With three consecutive bearish candles, the minor intraday pullback creates a triple black crow setup. 
This breaks under the 50% Fibonacci level and is heading to challenge the 50 EMA line at $4.42. Furthermore, it puts the $4.50 psychological mark at risk and warns of another retest of the local support trendline. 
#CryptoNewsFlash

SUI Price Chart

Charles Hoskinson, the founder of #Cardano appears to have got into an altercation with a bot on X amid claims that Cardano’s smart contracts do not work.
Even among the crypto crowd, Cardano founder Charles Hoskinson stands out for his strong opinions, eccentric personality, and willingness to duke it out with detractors.
Perhaps in the latest instance highlighting this, Hoskinson appears to have gotten into an altercation with a rather humorously ornery and foul-mouthed bot.

#CryptoNewsFlash

The #shiba⚡ Inu ecosystem team launches early access to its highly anticipated immersive platform, SHIB: The Metaverse. 
The official X handle of SHIB: The Metaverse announced the development in an X post yesterday, noting that the wait for the project’s launch is over. 

SHIB: The Metaverse Features 

The team behind the Shiba Inu ecosystem also published a blog post, providing a guide to the platform. According to the post, the launch of the metaverse project marks a pivotal moment in digital evolution as it invites users to engage in the dynamic virtual world built on the Shibarium blockchain. 
The immersive platform offers customizable avatars, digital land ownership, and interactive experiences. While the digital land becomes a tangible canvas for creativity, the customizable avatars provide users with new forms of self-representation. 
Additionally, the interactive experience helps to bridge the gap between the digital and physical realms. SHIB: The Metaverse is focused on redefining how people interact and build communities in the virtual space. 
#CryptoNewsFlash

Michael Saylor, chairman of MicroStrategy, has intensified his advocacy for #Bitcoin adoption among leading global corporations, now taking it to Amazon boss Jeff Bezos.
In a recent post on X, Saylor directly suggested that Jeff Bezos, Amazon’s founder, should consider Bitcoin a significant investment. Saylor’s recommendation comes as Bezos reportedly prepares for a $600 million wedding celebration.
Meanwhile, Saylor urged Bezoz instead to leverage the $600 million sum for Bitcoin acquisition. “$600M would buy a lot of Bitcoin,” he said.
Reports indicate that Jeff Bezos is set to wed Lauren Sanchez on December 28 in Aspen, Colorado. According to the report, the event will feature extravagant arrangements, including the acquisition of a high-end sushi restaurant with seating for up to 180 guests. Furthermore, multiple luxurious mansions have been rented to host the event’s attendees. 
However, Bezos has denied reports about the million-dollar celebration, calling the claims “completely false” and cautioning against believing everything seen in the media.

Amazon Discussing Bitcoin Adoption

Meanwhile, Saylor’s proposal for Bitcoin acquisition coincides with growing momentum among Amazon’s stakeholders to explore Bitcoin adoption. The National Center for Public Policy Research (NCPPR), a U.S.-based think tank, has recently encouraged Amazon to examine Bitcoin’s integration into its financial operations. 
This initiative will culminate in a shareholder vote during Amazon’s annual meeting in April, where the inclusion of Bitcoin on the company’s balance sheet will be a key agenda item. 
#CryptoNewsFlash

🚀 Crypto Market Update 🚀
The crypto market is showing strong momentum today! Here’s the latest performance:

$BNB : $678.58 (+7.32%)

$BTC (Bitcoin): $97,996 (+4.63%)

ETH (Ethereum): $3,451.41 (+9.31%)

DOGE (Dogecoin): $0.33774 (+21.77%)

$DF (dForce): $0.08744 (+128.18%) 💥

XRP: $2.3088 (+12.21%)

🔥 Signal: Strong bullish trends across most coins. Keep an eye on DF, leading with an impressive +128.18% surge. DOGE and XRP are also gaining solid traction, making them worthy of attention today.

💹 Trading Suggestion:

Consider taking profits or entering positions carefully.

Watch for support levels and breakout patterns to maximize gains.

#CryptoNews #BinanceSignals #CryptoNewsFlash #Bitcoin #Ethereum

⭐Demand meets profit-taking⭐
$BTC

Bitcoin’s (BTC) ongoing bull market has marked a significant transition of wealth from long-term holders to new investors, according to a recent Glassnode report.

The redistribution of wealth from seasoned holders to newcomers is a hallmark of maturing Bitcoin markets. Long-term holders have been realizing record profits, peaking at $2.1 billion per day, while new investors have stepped in with sufficient demand to absorb this supply.

In 2024, long-term Bitcoin holders — especially those holding coins for six to 12 months — emerged as key contributors to sell-side pressure. These coins, predominantly acquired earlier in the year, accounted for 38.5% of realized profits since November, totaling $27.3 billion.

#BTC🔥🔥🔥🔥 #CryptoNewsFlash #BTCHalvingApril2024
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Tron founder Justin Sun has moved a total of 20 billion Shiba Inu (SHIB) to Poloniex, an exchange affiliated with his crypto empire.

#SHIBA✅🚀 #Crypto #CryptoNewsFlash #CryptonewswithJack

Shytoshi Kusama, Shiba Inu's lead developer, expresses gratitude for collaborating with new partner Zama. The partnership promises enhanced security and privacy for SHIB transactions, igniting excitement in the community.

#SHIBA✅🚀 #SHIBA_INU #Crypto #CryptoNewsFlash #CryptonewswithJack