List of Flash News about SUI stablecoins
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2025-10-02 02:30 |
Crypto Market Brief: AVAX $1B Treasury Plan, SUI Native Stablecoins, 99% Rate-Cut Odds, Metaplanet Adds 5,268 BTC
According to the source, Avalanche Treasury Co. announced a $675M business combination with Mountain Lake Acquisition Corp and stated a goal to accumulate over $1B of AVAX in its treasury, a development traders are watching for potential structural demand impacts on AVAX liquidity and spreads, source: Avalanche Treasury Co. and Mountain Lake Acquisition Corp. Sui Group launched native stablecoins suiUSDe and USDi in partnership with Ethena and the Sui Foundation, a move that can expand on-chain settlement and basis strategies across the Sui ecosystem, source: Sui Foundation and Ethena Labs. CME FedWatch shows a 99% probability of the policy rate being cut to 3.75%–4.00% at the October 29, 2025 meeting, sharpening rate-path visibility for crypto risk positioning, source: CME Group. The September ADP National Employment Report showed private payrolls fell by 32,000 versus expectations for a 50,000 gain, reinforcing the soft labor backdrop that aligns with easing expectations, source: ADP Research Institute. On-chain analyst ZachXBT reported $21M was drained from SBI Crypto–linked wallets and routed through Tornado Cash, highlighting elevated counterparty and compliance risks for centralized entities, source: ZachXBT. Abu Dhabi prohibited crypto mining on farmland and set fines of Dh100,000 with service disconnections for violations, adding regional operational constraints for miners, source: Abu Dhabi Agriculture and Food Safety Authority. Metaplanet acquired 5,268 additional BTC, bringing holdings to 30,823 BTC, extending the corporate bid narrative in spot markets, source: Metaplanet Inc. Aptos said it partnered with the Trump family’s World Liberty Financial to integrate the USD1 stablecoin, signaling potential on-chain payments and activity catalysts for APT, source: Aptos Labs and World Liberty Financial. Bloomberg’s Billionaires Index showed Elon Musk’s net worth reached $500B, a data point traders track for cross-asset risk sentiment alongside mega-cap tech flows, source: Bloomberg. |