DeFI News by Thebittimes.Com

The Sui Network (SUI) will unlock nearly $150 million worth of its native token on April 1. This is part of Sui tokenomics and the monthly unlock schedule that inflates SUI’s circulating supply and dilutes investors’ holdings. Finbold has been monitoring and reporting Sui cliff unlocks according to data from Tokenomist . For example, December 1 saw Sui’s largest unlock in U.S. dollar value of 2024, unlocking $224 million worth of 64.19 million tokens. January 2025 had an even larger unlock nominal value for the same amount, valued at $274 million, as reported. February saw a lower unlock of $250 million, and an even larger drop occurred in March as the entire market collapsed – valued at $181.67 million. It is important, however, to understand that the unlocked amount in SUI tokens remains the same. Picks for you How Trump is killing XRP ...

Bitcoin (BTC) is currently holding above the $100,000 support level, but technical indicators coupled with market sentiments suggest there is a likelihood of the asset plunging below this mark over the course of the week. Bitcoin’s TD Sequential indicator has flashed a sell signal on the hourly chart, hinting at a possible decline toward recent lows around $99,000. A move toward this level could invalidate any push toward the $105,000 resistance, according to an outlook by prominent cryptocurrency analyst Ali Martinez in an X post on January 28. Bitcoin price analysis chart. Source: TradingView/Ali_charts It’s worth noting that the TD Sequential is used to identify trend exhaustion and potential reversals. For Bitcoin, a breakout of the indicator suggests that the maiden digital currency is facing selling pressure near the $102,700 mark. Picks for you ...

The Polygon price prediction is likely to begin an upward trend if the market can cross above the upper boundary of the channel. Polygon Prediction Statistics Data: Polygon price now – $0.85 Polygon market cap – $7.5 billion Polygon circulating supply – 8.73 billion Polygon total supply – 10 billion Polygon Coinmarketcap ranking – #11 MATIC/USD Market Key Levels: Resistance levels: $1.00, $1.05, $1.10 Support levels: $0.75, $0.70, $0.65 At the time of writing, MATIC/USD is showing a positive movement as the market opens today. The market is running a little retracement move toward the resistance level of $0.90 with price growth of 1.00%. Aside from today&rsquo ;s little gain, the Polygon price is still maintaining a sideways movement within the channel, and traders can expect the coin to spike above the upper boundary of the channel as soon as the bulls put more pressure on the market. Polygon Price Prediction: Polygon (MATIC) May Consolidate...