External news feeds 227/1993

Justin Sun Might Be Good for Wrapped Bitcoin, Says New Custodian's Director

The business plan for WBTC is to increase the outstanding amount by five to 10 times what is now, just under $10 billion – using a geographically diversified custodial setup that might be more appealing to buyers outside the U.S

Bitcoin Profitability Index Hits 202%: Is This Enough For A Top?

On-chain data shows the Bitcoin Profitability Index is at 202% right now. Here’s how this compares with past bull runs of the asset. Bitcoin Average Profitability Index Has Been Rising Recently In a new post on X, CryptoQuant author Axel…

SUI To Face Another Pullback Following 5.3% Dip, Analysts Forecast 30% Correction

SUI, the native token of the Sui Network, has seen a 13% pullback in the past seven days, halting its bullish rally. The cryptocurrency broke from a 1-month structure, fueling a bearish sentiment among market watchers, who foresee further downside…