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Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenSui price pulled back this week after facing rejection near the key $1.40 r

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HTXSquare: Global Markets After Trump China Visit

Sui price pulled back this week after facing rejection near the key $1.40 resistance region, though traders continue watching for signs that bulls may be preparing for another breakout attempt. Summary SUI price pulled back toward the $1.20 support zone after facing rejection near the key $1.40 resistance level earlier this week. Rising stablecoin liquidity, growing DeFi activity, and strong derivatives positioning continued to support bullish sentiment across the Sui ecosystem. Analysts are watching whether bulls can defend the $1.18–$1.20 region to sustain momentum toward another breakout attempt above $1.40. According to data from crypto.news, Sui (SUI) traded around $1.21 at press time on May 14 after briefly rallying toward $1.40 earlier this week. The token remains significantly higher than its April lows near $0.85 despite the latest cooldown, with bullish momentum still broadly intact following one of the strongest rallies among major altcoins over the past several weeks. The latest rally came as investor sentiment around the Sui ecosystem continued improving amid growing optimism surrounding the network’s expanding decentralized finance activity and institutional adoption narrative. One of the biggest catalysts supporting SUI this week was the continued surge in network activity following the rapid expansion of stablecoin liquidity across the ecosystem. Recent on-chain data showed Sui’s total value locked and decentralized exchange volumes climbing sharply as traders rotated into the network during the broader altcoin recovery. You might also like: Bitcoin tops $80,000 again as traders weigh next market direction At the same time, renewed attention surrounding Mysten Labs’ scaling roadmap and validator expansion initiatives also helped strengthen the long-term bullish outlook for the ecosystem. Derivatives sentiment has remained

Sui price pulled back this week after facing rejec

MU: Top Memory Chip Maker 

Applied Materials posted record fiscal second-quarter revenue on Thursday and issued a stronger-than-expected forecast for the third quarter, fueled by rising global investment in artificial intellige

Applied Materials Forecasts Strong Q3 Revenue as AI Chip Demand Accelerates - EconoTimes

Grab Your Share of the 300 USDT Prize Pool!HTXSquare: Global Markets After Trump China VisitTWT: Trust Wallet Ecosystem TokenThe U.S. dollar strengthened on Thursday as rising Treasury yields fueled e

The U.S. dollar strengthened on Thursday as rising Treasury yields fueled expectations that the Federal Reserve could raise interest rates later this year. Investors also closely monitored the high-profile summit between U.S. President Donald Trump and Chinese President Xi Jinping, with global markets reacting to developments in U.S.-China trade relations.During the two-day meeting, Xi acknowledged progress in trade negotiations but warned that disagreements over Taiwan could negatively impact ties between the world’s two largest economies. Trump described the gathering as potentially the “biggest summit ever,” adding to market anticipation surrounding possible economic agreements.China’s yuan remained near its strongest levels in more than three years, with the onshore yuan holding close to 6.7840 per dollar and the offshore yuan touching 6.7817. Analysts at Barclays noted that a stable yuan could support smoother discussions between Washington and Beijing, although Chinese authorities may resist rapid currency appreciation through intervention measures.In the broader forex market, the euro traded near $1.1714 and remained on track for its biggest weekly drop in two months. The British pound hovered around $1.3524 as political uncertainty in the United Kingdom pressured sterling.The U.S. Dollar Index climbed to 98.48, gaining over 0.6% for the week. Meanwhile, the Japanese yen found support after Bank of Japan board member Kazuyuki Masu suggested that interest rates should rise if economic conditions remain stable.Recent U.S. inflation data has significantly boosted the dollar. Producer prices posted their sharpest increase in four years in April, while consumer inflation accelerated to its fastest annual pace in three years. The data strengthened market expectations for tighter monetary policy under incoming Fed Chair Kevin Warsh.Accor

The U.S. dollar strengthened on Thursday as rising

The U.S. stock market is getting close to dot-com bubble peak valuationGrab Your Share of the 300 USDT Prize Pool!Everything Can Be HuobaoHTX Creation Challenge — Post and Win 1,500U 💥 U.S. stocks are

The U.S. stock market is getting close to dot-com bubble peak valuation

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U.S. stocks are trading at valuations close to dot-com bubble extremes, a period that ended in a sharp market collapse in 2000.

A cyclically adjusted price-to-earnings ratio measure known as the Shiller P/E ratio rose as high as 42.18 this month, just below the 44.19 observed at the height of the dot-com era that marked the growth of internet companies based on the then-nascent worldwide web.

The S&P 500 slumped 50% between March 2000 and October 2002, and did not regain its peak until 2007. The ratio — which smooths short-term profit swings to provide a long-term picture — suggests that U.S. equities, led by mega-cap technology stocks benefiting from the artificial intelligence boom, are now trading at their richest valuations in over 25 years.



The U.S. stock market is getting close to dot-com

✨ FIP-101: Public Testing is Now Live Public Testing Stage 1 for Index Mining is activated, you may now stake with Fractal Official indexer and earn block rewards. Join to support a permissionless dat

MEGA: Real-Time Execution Layer for Ethereum

On May 15, Liu Xiaotao, Deputy Secretary of the Jiangsu Provincial Committee and Governor, stated at the Jiangsu Provincial press conference on the '15th Five-Year Plan' that Jiangsu will fully embrac

Jiangsu to Fully Implement 'AI+' Initiative to Build Innovation Development Hub

On May 15, Barrett, co-founder of the Solana ecosystem DeFi project Ranger Finance, announced that the project is gradually shutting down its operations. He stated that the project had previously take

Ranger Finance Fails After 4 Months of Funding, Founder Cites Drift Incident Impact

Rain: Uniswap for Predictions on Arbitrum

Sadly, I didn't have a chance to visit the Sui conference in Miami this year, but I managed to watch the entire recorded livestream over the last few days. Here's a TL;DR with the most important updat

Grab Your Share of the 300 USDT Prize Pool!Kakao Sells $670 Million Stake In Korean Crypto Exchange Operator Dunamu To Hana Bank South Korean internet giant Kakao is partially exiting its early invest

Kakao Sells $670 Million Stake In Korean Crypto Exchange Operator Dunamu To Hana Bank

South Korean internet giant Kakao is partially exiting its early investment in crypto exchange operator Dunamu, selling a stake worth 1 trillion won ($670 million) to domestic commercial bank Hana Bank.

Kakao said in a stock exchange filing on Friday that its investment arm, Kakao Investment, will sell a 6.55% stake in Dunamu. Hana Bank, a subsidiary of Hana Financial Group, will buy the stake in cash, the Korean banking giant said in a separate filing. The deal is set to be completed in June.

Following the transaction, Kakao’s stake in Dunamu will decrease to 4.03% from 10.58%. The company said the share sale is aimed at “securing funds for future investments.” Hana Bank, meanwhile, said it invests in Dunamu to “secure competitiveness in new finance.” The lender has been expanding into digital assets, partnering with crypto exchange Crypto.com in March to promote stablecoin payments for foreign visitors in Korea.

Kakao, controlled by billionaire Kim Beom-su, first invested in Dunamu in 2013, a year after the Seoul-based company was founded. At the time, Dunamu was a news aggregator. It pivoted to fintech in 2014 with the launch of stock trading platform StockPlus, then crypto exchange Upbit in 2017. Since then, Upbit has grown to become Korea’s largest crypto exchange by daily trading volume. The success of Upbit has propelled Dunamu’s cofounders Song Chi-hyung and Kim Hyoung-nyon into the world’s billionaire ranks.

Kakao’s divestment comes on the heels of Dunamu’s landmark merger with the payment arm of Korean search giant Naver. The merger, set to be completed in June, values the combined entity at $13.6 billion. It’s poised to create a domestic fintech juggernaut offering a slew of financial services from payments and insurance to crypto and securities trading.

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