Cryptocurrency Daily Thefoxposts.com

Sui ETF developments have reached a crucial milestone as 21Shares officially files with Nasdaq to list the first spot Sui ETF in the United States. This regulatory filing has triggered significant cryptocurrency market volatility around SUI tokens, with current investment risks being weighed against the potential for substantial gains. Early SUI price prediction models suggest the token could reach $6 by summer, representing a potential 50%+ rally from current trading levels amid ongoing Nasdaq listing procedures. BREAKING: 21Shares files the first-ever SUI ETF on Nasdaq! The filing, under Section 19(b)(2) of the Securities Exchange Act, marks a key step toward potential SEC approval. Bullish for $SUI! pic.twitter.com/IA3Dyk1QdS — Coin Bureau (@coinbureau) May 27, 2025 Navigating Sui ETF Nasdaq Listing Amid Cryptocurrency Market Volatility Source: X 21Shares Leads Historic Sui ETF Filing Wave The financial landscape shifted dramatically on May 27, 2025, when 21Shares submitted its For...

The team behind the Solana (SOL) challenger Sui is pushing back against rumors that project insiders have sold off $400 million worth of SUI tokens. On Sunday, the pseudonymous crypto analyst known as Light claimed the layer-1 altcoin’s insiders were selling off the token, pointing to a graph charting major SUI ICO wallet distribution. “It does not bring comfort that the people building this ecosystem, the people who arguably know this token’s value best, are unloading hundreds of millions of dollars of token into less informed buyers chasing momentum. As some of us have learned, whether now or later, as with most of these games where retail buys from insiders, there is only one ending.” Source: Light/X However, the Sui Foundation says the sell-off came from an “infrastructure partner,” not an “insider.” “1. No insiders, neither employees of the Foundation or Mysten Labs (including Mysten Labs founders), nor ...