SUI Group Holdings Rebrands and Updates Nasdaq Ticker
SUI Group Holdings, formerly Mill City Ventures III, has officially rebranded and updated its Nasdaq stock ticker to SUIG, effective August 26, 2025. The rebranding supports the company’s strategy to expand asset accumulation and enhance its collaboration with the Sui Foundation. Notably, SUI Group Holdings remains the only publicly listed company with an official partnership with the Sui Foundation and is committed to advancing the Sui Network to deliver long-term value for shareholders. No action is required from shareholders regarding this change. The stock will continue to trade on the Nasdaq Capital Market, and its options remain available on Cboe Global Markets. Earlier this month, on August 11, the company also acquired an additional $20 million in SUI tokens.
Bitcoin Around $114.93K – What’s Your Next Move? #BTC
$BTC “Bitcoin is currently trading at $114,933, down –0.84% in the last 24 hours. Over the past 7 days, it’s down –2.7% compared to the overall crypto market decline of –0.5%.
What’s your take? 👉 Will this dip bounce back (Bullish)? 👉 Or will the drop continue (Bearish)?
Market Insight: Bitcoin leads with a massive share of the crypto market, while Ethereum stays strong in DeFi and smart contracts. Stablecoins like USDT continue to dominate liquidity, and BNB holds firm with its utility in the Binance ecosystem.
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Market Overview #bitcoin recently experienced a strong upward momentum after positive macroeconomic signals. The price rebounded from around $112,000 to $116,500, fueled by growing expectations of a possible interest rate cut by the U.S. Federal Reserve. This shift boosted investor confidence across crypto markets.
Current Market Sentiment Institutional interest is increasing, with crypto-related stocks and companies showing parallel gains. However, Bitcoin faces resistance around $123,000–$125,000, creating a consolidation phase with mixed sentiment among traders. Technical Analysis Key Support: 200-SMA level (currently acting as a strong support zone). Immediate Resistance: $123,000–$125,000. #AKEBinanceTGE Trend: Neutral to bullish with short-term corrections likely.
Trade Strategy 1. Entry Point: Consider entering a long position only after a clear breakout and close above the 200-SMA with solid volume confirmation. 2. Target Zone: $123,000–$125,000 range. 3. Stop-Loss: Below the 200-SMA to minimize downside risk. 4. Risk/Reward Ratio: Aim for at least 1:2. Upcoming Factors to Watch Federal Reserve’s next policy meeting – any dovish statements could trigger a stronger rally. Institutional flows and #etf inflows – increased participation can add upward momentum. Profit-taking pressure near recent highs – could create short-term dips. Conclusion Bitcoin’s price action remains promising for bullish traders, but patience is key. Watch for confirmed breakouts and manage risk smartly to ride the next wave. $BTC $ETH $XRP
Following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium, Bitcoin bounced back—rising roughly 3.5% to about $116,493. Powell’s dovish tone hinting at possible interest-rate cuts lifted sentiment across risk assets.
Daily transactions on Shibarium dropped 22% to 3.65M (Aug 19).
SHIB burn rate collapsed by 98.89%, with only 223,914 tokens burned vs 21.4M earlier. Impact: Weak network activity undermines SHIB’s deflationary narrative — a major past bullish driver.
2. Technical Breakdown Below $0.00001224
SHIB broke under its 20-day EMA and is nearing the $0.00001164 support (lower Bollinger Band).
MACD remains bearish, indicating weak momentum. Next levels:
Immediate support: $0.00001164
Key floor: $0.00001100 (July low) — a break below may trigger panic selling.
3. Long Liquidations Pressure
$111,840 in long liquidations vs only $16.50 shorts — a 699,000% imbalance.
Triggered by Bitcoin’s dip below $115K, weighing on alt coins. Contrarian view: Whales accumulated 132B SHIB on Coinbase, hinting at buying interest.
Outlook: Fragile but Watchful
SHIB faces pressure from slowing Shibarium activity, a bearish technical setup, and liquidation-driven sell-offs. Key watch: Can SHIB hold $0.00001164 ahead of Fed Chair Powell’s Jackson Hole speech Friday, which may sway market sentiment?
President Trump, after meeting President Vladimir Putin in Alaska on Friday, told European leaders that he supports a plan to end the war in Ukraine by ceding remaining parts of the Donbas region to Russia — even areas not yet occupied by Russian forces, according to senior European officials.
Trump is expected to present this plan to President Volodymyr Zelensky on Monday at the White House. Discussions are also ongoing about involving other European leaders in the talks.
This marks a shift from Trump's earlier#cryptouniverseofficial demand for an immediate cease-fire, as he now believes a rapid peace treaty is possible under this condition.
🚀 BNB vs BTC – Who Will Pump Next? 🚀 #bnb #BTC走势分析 The big question in the crypto market right now: BNB or BTC – Which one is set for the next breakout?