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Sui traders eye range lows at $0.70 as oversold RSI signals potential buying zone

Sui [SUI] faced a 5%price drawdown in the past 24 hours, with a 9.6%uptick in daily trading volume. This was worrisome as it suggested a short-term increase in selling pressure.　　The rest of the crypto market has faced losses over the past day, too. Bitcoin [BTC] and Ethereum [ETH] were down 1.05% and 1.14%,respectively. Compared to these market leaders, Sui was underperforming in the short-term.　　Why the Sui downturn is surprising　　Coinbase announced that SUI can be staked directly on the exchange. Staking rewards would directly accumulate to the users account. It offered an easy, effortless way of earning rewards.　　Source: Ted on X　　Trader Ted noted that the bullish catalyst could help the altcoin break past the descending trendline resistance in place since early June. The token has defended the $0.66support zone well so far.　　Some more consolidation followed by a bullish breakout was a viable scenario, the trader wrote.　　Source: SUI/USDT on TradingView　　The swing low at $0.65, made in June, marked the swing structures low. The RSI on the 1-day timeframerecently climbed above neutral 50, but the losses of the past three days sent the momentum indicator tumbling once more.　　The OBV was in a downtrend, although the selling pressure has eased in July.　　A pullback, in

07-25انڈسٹری

Top Crypto Lobbyist Says There Is Still Hope for Clarity Act

The push to pass the Digital Asset Market Clarity Act before the August recess is not over, according to Kristin Smith, one of the crypto industrys leading lobbyists.　　Currencies s passage to just 30%, adding that there is a need for a “last-ditch” effort.　　Some glimmers of hope　　In the meantime, a key law enforcement organization has also thrown its support behind the latest version of the Clarity Act.　　The National Fraternal Order of Police said revised language related to the Blockchain Regulatory Certainty Act (BRCA) addresses its previous concerns.　　The backing could still strengthen the case for passing the bill.　　As reported by U.Today, Goldman Sachs CEO David Solomon has also endorsed the bill.　　Solomon said he is “very supportive” of moving the Digital Asset Market Clarity Act forward, arguing that clearer rules would provide the regulatory certainty needed for financial institutions to participate in blockchain markets.　　While acknowledging that the bill is not perfect, the Goldman chief said establishing a market structure framework would help accelerate innovation.　　However, traditional banking groups fiercely oppose the bill, and it looks increasingly likely that they are going to prevail.

07-25انڈسٹری

Ethereum Price Forecast: ETH shows bottom signs but relative performance against Bitcoin not there yet

Ethereum price today: $1,860Ethereums decline to a yearly low against Bitcoin has sparked calls of an ETH bottom, which eventually expands into an altcoin season.However, ETH/BTC valuation metrics have yet to reach extreme levels that historically align with an ETH bottom.ETH risks a decline to $1,800 if it fails to bounce off the 20- and 50-day EMAs.　　Ethereum (ETH) is showing early signs of a market bottom relative to Bitcoin (BTC), but has to confirm several other key bottoming signals before an outperformance can be expected, according to CryptoQuant.　　In a report released late Thursday, the analyst at the on-chain analytics firm noted that Ethereum has underperformed Bitcoin for nearly a year, evidenced by the ETH/BTC ratio declining to 0.028, marking its lowest level since last August.　　ETH/BTC Ratio. Source: CryptoQuant　　Such conditions usually spike sentiment around a potential ETH bottom, which eventually expands into an altcoin season.　　“The question for investors is whether ETH is now cheap enough to mark a durable bottom – the precondition for ETH outperformance and, historically, for a broader altcoin season,” the analysts wrote.　　The report argued that Ethereum is closer to a market bottom with less downside risk compared to upside, as it is trading near $1,900, roughly 17%

07-25انڈسٹری

A 7 year Ledger bug lets attackers rebuild a private key from five signatures in seconds

Zilliqa has suspended native transactions after discovering that roughly five affected signatures from the same private key may provide enough information to reconstruct that key, creating a recovery problem that an ordinary transfer cannot safely solve.　　The vulnerability is confined to Schnorr signatures generated for native, non-EVM transactions through the Zilliqa Ledger app, according to the networks security disclosure. Zilliqa said every version of the app released between 2019 and 2026 contained the flaw.　　Zilliqa said it detected on-chain activity consistent with active exploitation on July 19 and confirmed the root cause on July 21. The disclosure did not identify affected addresses or quantify any losses.　　Public signatures can expose the private key　　The flaw occurred while the Ledger app generated the ephemeral nonce required for each native Zilliqa signature. The signing routine generated 40 bytes of randomness and reduced the result modulo the secp256k1 curve order, but then copied the wrong 32-byte range into the nonce buffer.　　That operation retained eight zero-padding bytes while discarding eight bytes of actual entropy, fixing the nonces highest 64 bits at zero and leaving each value below 2192.　　Zilliqa said an attacker can combine approximately five affected signatures produced by the same private key and use lattice-reduction techniques to

07-25انڈسٹری

BitMEX Co-Founders Face Fresh Lawsuit Over Liquidations

BitMEXs final months have taken another dramatic turn after two former customers accused the cryptocurrency exchange of operating against its own users. The proposed class action targets co-founders Arthur Hayes, Samuel Reed, Benjamin Delo, and several affiliated entities.　　The lawsuit arrived just before BitMEX confirmed it would permanently close in September 2026. Consequently, the legal challenge has intensified scrutiny over the platforms trading practices, liquidation system, and handling of customer funds during its years of operation.　　Alleged Trading Practices Under Scrutiny　　The plaintiffs argue BitMEX secretly ran an internal trading operation that accessed confidential customer information. They claim the desk identified liquidation levels and executed trades designed to trigger forced closures.　　Moreover, the lawsuit alleges the exchange disguised these activities through anonymous accounts. The filing also argues BitMEX directed excess collateral from liquidated positions into its Insurance Fund instead of protecting customers.　　Plaintiffs Seek Bitcoin Recovery　　Additionally, the complaint revisits the March 2020 trading disruption, claiming the outage intentionally prevented users from managing positions during extreme market volatility. The plaintiffs report losing hundreds of Bitcoin through multiple liquidations between 2018 and 2020. Instead of requesting cash damages, they seek the return of their Bitcoin.　　Besides, the proposed class could include thousands of U.S. traders, with total claims

07-25انڈسٹری

EU adds HTX to Russia sanctions but stops short of the UKs asset freeze

The European Council named crypto exchange HTX, formerly Huobi, in its 21st package of restrictive measures against Russia, adopted July 23 and published Friday.　　COUNCIL DECISION (CFSP) 2026/1849 of 23 July 2026 | Source: EUR-Lex　　The Council decision places HTX among 18 entities providing crypto-asset or payment services from outside the Union that officials say are significantly frustrating the purpose of the blocs prohibitions.　　The stated targets are channels that keep money moving to Moscow, whether by connecting to the Russian central banks financial-messaging system or by working around existing restrictions.　　The wider package runs to 218 listings covering 48 individuals and 170 entities, per TRM Labs, the largest single batch in four years, and freezes assets or bans transactions for 94 banks and major financial institutions.　　EU targets HTX without imposing a full asset freeze　　The measures taken by the EU against HTX do not constitute a full designation and do not include any freeze on assets. The effect that they have is to prevent transactions between the exchange and EU-based entities from being conducted.　　Following the sanctions imposed by the UK in May, the firm issued a statement that compliance is their “absolute top priority” and that they comply with regulations in all jurisdictions where

07-25انڈسٹری

Bitcoin ETFs Shed $225M, Snapping Seven-Day Inflow Streak as Iran Tensions Spook Markets

In briefU.S. spot Bitcoin ETFs posted $225.2 million in net outflows on July 23, ending a seven-day streak that had pulled in nearly $1 billion, according to SoSoValue data.BlackRocks IBIT accounted for the bulk of the exit at $202.5 million, while Morgan Stanleys MSBT was the only Bitcoin fund to add money, taking in $5 million.Spot Ethereum ETFs moved the opposite direction, adding $26.3 million to stretch their own inflow streak to five straight days.　　It was nice while it lasted. Bitcoin ETFs just had their first bad day in more than a week.　　U.S.-listed spot Bitcoin ETFs—stock market funds that hold Bitcoin so investors dont need their own crypto wallet—posted $225.2 million in net outflows on Thursday, snapping a seven-session streak that had pulled in close to $1 billion.　　Its the categorys first negative day since July 13.　　An “outflow” means more investors cashed out than put money in, forcing the fund to sell some of its Bitcoin to cover redemptions. One bad day didnt erase a good week: the funds still closed roughly $274 million higher for the five sessions through Thursday.　　BlackRocks IBIT, the largest fund in the category, did almost all of the damage, shedding $202.5 million. Fidelitys FBTC, Bitwises BITB,

07-25انڈسٹری

Coinbase sees Bitcoin accumulation collide with Q3 macro pressure

Coinbase Institutional and Glassnode have maintained a neutral Q3 2026 crypto outlook as a 12% quarterly market contraction clashes with early signs of Bitcoin accumulation.　　SummaryCoinbase and Glassnode maintain a neutral Q3 outlook despite early Bitcoin accumulation signals.Weak ETF demand and rising leveraged longs leave crypto vulnerable to renewed selling.Hawkish Fed policy and geopolitical tensions continue to restrict market liquidity.　　Coinbase Institutional Research and Glassnode based the outlook on more than 25 charts covering onchain activity, institutional flows, macro conditions and cross-asset correlations. Their joint “Charting Crypto Q3 2026” report argues that improving Bitcoin data has not yet overcome pressure from tighter liquidity, geopolitical tensions and weak exchange-traded fund demand.　　Released on July 24, the report shows that the total crypto market capitalization, excluding stablecoins, fell about 12% during the second quarter. Stablecoin supply reached record levels during the same period, which Coinbase and Glassnode interpreted as a sign that some sellers moved into dollar-linked tokens instead of withdrawing from the crypto market completely.　　Bitcoins relationship with traditional assets also changed sharply. According to the report, its 90-day correlation with the S&P 500 dropped to 0.12 from 0.58 in the fourth quarter of 2025, while its correlation with gold climbed to 0.57.　　Coinbase Institutional and

07-25انڈسٹری

Samsung Expands Wallet Strategy With Upcoming Stablecoin Integration

Samsung plans stablecoin support for Galaxy Wallet as it expands blockchain services and crypto partnerships.　　Tech giant Samsung is preparing to add stablecoin support to Samsung Wallet, marking another step in its growing digital asset strategy. The company shared the plan during its Galaxy Unpacked event but stopped short of revealing technical details or a launch timeline. Even with limited information, the announcement signals Samsungs intention to make digital payments and blockchain services a bigger part of its mobile ecosystem. Recent partnerships and investments also show that crypto remains a long-term focus for the technology giant.　　Stablecoin Support Planned for Galaxy Wallet as Crypto Strategy Expands　　Samsung said the Samsung Wallet will support stablecoins as part of its next stage of development. Company executives described the feature as a way to combine payments, rewards and digital assets within one mobile experience. Product manager Lee Dinham said Samsung aims to become one of the first major smartphone brands to provide native stablecoin functionality, allowing users to transfer digital value directly from Galaxy devices.　　Few technical details accompanied the announcement. The company has not identified supported stablecoins, blockchain networks or reserve-backed assets. Regional availability also remains unknown, while the firm has yet to announce a release

07-25انڈسٹری

John Cusack‘s New Graphic Novel ’Momo Is The Surreal Thing

Actor John Cusack and his new graphic novel Momo (Mad Cave Studios 2026), debuting at San Diego Comic-Con July 24, 2026.　　Courtesy of Mad Cave Studios, art by Ignacio Noé　　When celebrities do graphic novels, it is usually a way to extend their brand. Pearl Jams Mike McCready does a graphic novel about the early grunge scene in Seattle. Keanu Reeves does a graphic novel about an unstoppable warrior on a killing spree. Great British Bakeoff finalist Kim Joy does a graphic novel involving baking, and so on.　　But actor John Cusack didnt seem to get the memo, unless his brand is some previously unsuspected combination of Don Delillo, Hunter S. Thompson and Mark Leyner (who wrote the foreword), filtered through mid 90s-era Grant Morrison. His new graphic novel Momo (Mad Cave Studios, due out September 29, 2026), beautifully illustrated by Argentine artist Ignacio Noé, would be ambitious even if attempted by a longtime practitioner of the form. For a debut, from someone new to the medium, it is truly out of left field.　　“It‘s not ’on brand,‘” said Cusack in an interview ahead of his Comic-Con panel to launch the book on Friday, July 26. “It’s more like a brand-buster.”　　Momo in its simplest

07-24انڈسٹری

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