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BNB Recovers Above $970 After Brief Drop as Market Volatility Pressures Token

BNB briefly fell to $953 before recovering above $970 within 24 hours, prompted by technical breakdowns and selling pressure. While the recovery suggests some resilience, the overall sentiment remains cautious with resistance near $980. Trading volume is subdued, indicating a lack of strong conviction among traders. The token's ability to stay above $970 may present short-term support, but it needs to overcome the $975-$980 resistance zone to prevent further consolidation or decline. The initial drop occurred from an opening price of $980.18 to a low of $953.31, marked by elevated trading activity that confirmed a break below critical support levels. Overall, broader market conditions, with the CoinDesk 20 index decreasing by 0.44%, contribute to the uncertainty surrounding BNB’s price movements.

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Sui Launches Native USDsui Through Stripe's Bridge

Sui has introduced USDsui, a new U.S.-compliant stablecoin developed using Bridge's Open Issuance platform, which is owned by Stripe. This stablecoin will enable integration across various decentralized finance (DeFi) protocols, wallets, and applications on the Sui network, ensuring interoperability with stablecoins from other platforms such as

Sui Launches Native Stablecoin USDsui Using Bridge’s Open Issuance Platform

The Sui blockchain ecosystem has launched a new stablecoin, USDsui, designed to be a U.S.-compliant digital dollar. This stablecoin leverages Bridge's Open Issuance platform, facilitating its integration into decentralized finance (DeFi) applications, wallets, and other platforms like Phantom and MetaMask. USDsui aims to bolster Sui'

DOJ, FBI, Secret Service Unveil 'Strike Force' to Combat Crypto Scams Rooted in China

The U.S. Department of Justice has launched the Scam Center Strike Force, an interagency initiative aimed at dismantling international crypto scams tied to Chinese organized crime. During a press conference, U.S. Attorney Jeanine Pirro highlighted that such scams may have defrauded Americans out of $135 billion in 2024.

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