Sui (SUI) Token Surges Following Strategic Partnership with World Liberty Financial
The native token of Sui (SUI) saw a significant price surge on Thursday after announcing a strategic reserve agreement with World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol linked to U.S. President Donald Trump, according to CoinDesk.
Under the newly formed partnership, WLFI will integrate Sui assets into its cryptocurrency portfolio, marking a significant step toward expanding its blockchain-based financial services. Additionally, both entities plan to explore collaborative opportunities for product development in the DeFi sector.
Following the announcement, SUI's price spiked by as much as 10%, briefly approaching the $3 mark before experiencing a slight pullback. Despite this, the token maintained a strong 13% gain over the past 24 hours, securing its position as the top-performing asset in the CoinDesk 20 Index, which tracks the broader cryptocurrency market.
Zak Folkman, co-founder of WLFI, expressed optimism about the partnership, emphasizing Suiās technological strength and market adoption. āWe chose Sui for its American-born innovation, impressive scale, and adoption. With our plans to support foundational DeFi assets in the coming months, partnering with Sui was an obvious choice,ā he stated.
The collaboration highlights the growing interest in blockchain infrastructure and decentralized financial solutions, positioning Sui as a key player in the evolving digital asset landscape.
Federal Workforce Overhaul ā Trump criticized government inefficiency, referencing Elon Musk and the Department of Government Efficiency (DOGE) while highlighting waste and fraud.
Hardline Immigration Stance ā He pushed strict immigration policies, portraying immigrants as contributors to crime, disease, and disorder.
Limited Focus on Ukraine and Gaza ā Trump briefly mentioned his role in securing the release of US citizens from Hamas but largely avoided global conflicts.
Weak Democratic Response ā While Democrats initially protested, their reaction lost momentum after Representative Al Greenās expulsion.
Push for Tariffs ā Trump reaffirmed his support for tariffs, proposing new ones on Canada, Mexico, and China.
Economic and Inflation Plans ā He claimed his top priority was fixing the economy and supporting working families.
Capture of Kabul Airport Bomber ā Trump announced the US had apprehended the terrorist responsible for the 2021 attack that killed 13 soldiers during the Afghanistan withdrawal.
Trump to Announce Bitcoin Strategic Reserve at White House Crypto Summit U.S. Commerce Secretary Howard Lutnick has revealed that President Donald Trump will introduce a Bitcoin strategic reserve as part of a broader cryptocurrency policy shift at the upcoming White House Crypto Summit on Friday, according to The Pavlovic Today. A New Era for U.S. Crypto Policy In an interview with The Pavlovic Today, Lutnick confirmed that Trumpās announcement will lay out his administrationās vision for Bitcoin and cryptocurrency regulation, marking a major departure from previous policies. āThe President definitely thinks that thereās a Bitcoin strategic reserve,ā Lutnick stated. āThe key question now is how we handle other cryptocurrencies. I believe the administrationās model for that will be unveiled on Friday.ā Trump has positioned himself as a strong advocate for digital assets, recently declaring on Truth Social that the Crypto Strategic Reserve will include Bitcoin (BTC), XRP, Solana (SOL), and Cardano (ADA). Bitcoin to Hold Special Status? Lutnick suggested that Bitcoin would receive distinct treatment in the administrationās crypto policy, setting it apart from other digital currencies. āBitcoin is one thing,ā Lutnick noted, āand then the other cryptocurrencies, the other tokens, will be treated differentlyāpositively, but differently.ā The White House Crypto Summit, led by David Sacks and Bo Hines, will focus on regulatory clarity, financial innovation, and the role of digital assets in the U.S. economy. White House officials emphasize that the summit will be instrumental in shaping policies that could position the U.S. as a global leader in cryptocurrency. A Shift from Previous Administrations This announcement follows Executive Order 14178, signed during Trumpās first week in office, signaling a shift toward a more crypto-friendly regulatory environment compared to the previous administration.
BlockBeats reports that Thai authorities have carried out a major crackdown on illegal cryptocurrency operations, targeting five unlicensed companies in Bangkok, Nakhon Pathom, and Samut Prakan. The Economic Crime Suppression Division (ECD) arrested 11 individuals linked to these businesses, which allegedly processed transactions totaling 1 billion baht (approximately $29.3 million) annually. During the raids, police confiscated six computers and other relevant evidence. The arrested individuals include both company executives and employees. ECD Commander Thatphum Jaruprat stated that the investigation remains ongoing, reaffirming Thailandās commitment to tackling financial crimes and maintaining market stability.
Binance added GoPlus Security (GPS) to its platform on March 4, 2025, marking a significant move in expanding its involvement in the Web3 security space. GPS specializes in real-time blockchain risk detection and security audits.
Key Highlights:
HODLer Airdrop: BNB holders who staked their tokens before the listing received free GPS tokens.
Price Surge: GPS saw a 7.61% increase, reaching $0.1429 with a market cap of $259 million.
Previous Listings: GPS debuted on KuCoin and CoinW in January 2025, along with a 10,000 USDT bounty.
Perpetual Contracts: Binance launched GPSUSDT perpetual contracts on February 18, 2025, catering to advanced traders.
These steps highlight Binanceās increasing commitment to supporting Web3 security initiatives.
$RED saw a huge surge, peaking at $1.60, but is now pulling back to around $0.84. Is this a dip-buy opportunity or the beginning of a deeper correction? Letās break it down!
š„ Key Insights:
ā Strong early breakout, reaching a high of $1.60.
ā Sharp pullback, currently testing the $0.80ā$0.85 support range.
ā Declining volume, signaling a possible cooldown period.
š” Trading Strategy:
Bullish Scenario: If $RED reclaims $1.00, we may see a move toward $1.20ā$1.50.
Dip Buy Zone: If it holds the $0.80ā$0.85 range, this could be an ideal area for a potential bounce.
Bearish Scenario: A drop below $0.75 could signal further downside, potentially reaching $0.60ā$0.65.
ā ļø Risk Warning: The market is highly volatileābe sure to trade carefully, set stop-losses, and avoid chasing the hype!
š Are you trading $RED ? Whatās your plan moving forward?
#GPSAirdropOnBinance Binance has introduced Go Plus Security (GPS) as the 11th project on the Holder Airdrops page. Users who subscribed to their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between 2025-02-19 00:00 (UTC) and 2025-02-24 23:59 (UTC) will receive the airdrop distribution. The Holder Airdrops details are expected to be available within 12 hours, with the new tokens distributed to users' Spot Accounts at least one hour before trading begins.
Binance will list GPS on 2025-03-04 at 13:00 (UTC), opening trading pairs against USDT, USDC, BNB, FDUSD, and TRY. The seed tag will be applied to GPS. Users will be able to deposit GPS in preparation for trading within the next two hours.
BNB Falls Below 570 USDT with an 8.20% Drop in 24 Hours
As of March 3, 2025, 20:42 PM (UTC), Binance Market Data shows BNB has fallen below the 570 USDT mark, now trading at 569.54 USDT, reflecting an 8.20% decrease over the past 24 hours.
#RedStone ($RED) ā The Sleeping Giant Has Awakened! Exciting news is making waves in the Binance community, signaling a promising future for #RED holders! Is this the next major opportunity on the horizon?
#USCryptoReserve Trump Proposes U.S. Crypto Reserve, Highlights $XRP, $ADA, and $SOL in Latest Announcement š„
In his recent statement, former President Donald Trump introduced the idea of a U.S. Crypto Reserve, aiming to strengthen the industry after what he describes as years of "corrupt attacks" by the Biden Administration. Trump shared that his Executive Order on Digital Assets directed the Presidential Working Group to push forward with a Crypto Strategic Reserve, incorporating key assets like $XRP, $SOL, and $ADA. He emphasized his commitment to making the U.S. the global leader in cryptocurrency, declaring, "We are MAKING AMERICA GREAT AGAIN!"
Which of these assets do you think has the greatest potential? No hypeājust the real utility driving long-term value!