US prosecutors charged three men over a $6.5M crypto home invasion spree, 
adding to global concerns over wrench attacks.

Wrench attack case: Three men charged over $6.5M crypto robbery

Embracing uncertainty can unlock new opportunities, as demonstrated by 
successful business pivots like Slack&#8217;s transformation.
The post Simone Stolzoff: Embracing uncertainty is key to better decision-making, personal values guide choices in chaos, and technology can hinder our coping skills | Jordan Harbinger appeared first on Crypto Briefing.

Simone Stolzoff: Embracing uncertainty is key to better decision-making, personal values guide choices in chaos, and technology can hinder our coping skills | Jordan Harbinger

Sui has witnessed a significant rally over the past week and has outperformed 
other digital assets. Here&#8217;s what&#8217;s behind the surge, according to Santiment. 
Sui Rallied To A Peak Of $1.41 On Sunday The cryptocurrency sector as a whole 
has seen some recovery over the last week, but a few assets have clearly stood 
out in terms of the returns that they have witnessed. Among these is Sui, 
which is up nearly 40% inside the window. Related Reading: Bitcoin Exits 
‘Panic Zone,’ But Capital Inflows Remain Weak The below chart shows how the 
altcoin&#8217;s recent trajectory has looked. As is visible in the graph, SUI shot 
up to a peak of $1.41 on Sunday. Compared to the $0.90 baseline before this 
rally, the run resulted in an increase of more than 56%. Though, the asset 
hasn&#8217;t been able to retain all of these profits, as its price has retraced 
back to the $1.28 mark. Nonetheless, its weekly jump of close to 40% is still 
among the best returns in the market. Following the surge, Sui ranks as the 
21st largest token in the sector in terms of market cap. From the table, it&#8217;s 
visible that with a market cap of over $5.1 billion, Sui ranks ahead of 
Litecoin (LTC), which has a total valuation of about $4.5 billion. The altcoin 
still falls short of the stablecoin Dai (DAI), but only by around $230 
million. Now, what&#8217;s behind the sharp rally experienced by the cryptocurrency? 
On-chain analytics firm Santiment has provided some insight. SUI&#8217;s Run Has 
Come Without A Social Dominance Spike In a new post on X, Santiment has talked 
about the latest SUI price surge. According to the analytics firm, the trigger 
behind the rally has been Sui Group moving its entire 108.7 million tokens 
treasury from DeFi protocols to direct staking. This shift alone removed 2.7% 
of the cryptocurrency&#8217;s supply from liquid circulation. Santiment added that 
there were also two other catalysts, noting &#8220;CME Group SUI futures launching 
May 29 (only the fifth L1 with regulated derivatives access), and Paga 
partnership for cross-border African payments.&#8221; Related Reading: XRP Pulls 
Back, But TD Sequential Flashes Buy Signal An interesting trend that has come 
alongside the rally is in the asset&#8217;s Social Dominance, which is an indicator 
tracking the percentage of social media discussions related to the top 100 
tokens that involve Sui. As displayed in the above chart, the Sui Social 
Dominance spiked to 0.38% before the rally, but interestingly, it remained at 
just 0.14% during the surge. This means that despite the impressive rally, the 
asset didn&#8217;t catch the attention of the masses. &#8220;The conversation isn’t 
outrunning the price,&#8221; said Santiment. &#8220;Institutional supply locks driving a 
rally look different on-chain than retail FOMO.&#8221; Featured image from Dall-E, 
chart from TradingView.com

SUI Surges 40%: Analytics Firm Explains What’s Driving The Rally

The summit could reshape global trade dynamics, impacting tech and crypto 
markets, while signaling potential shifts in US-China relations.
The post Trump invites top CEOs including Musk and Cook to China summit 
appeared first on Crypto Briefing.

Trump invites top CEOs including Musk and Cook to China summit

OpenAI&#8217;s EU collaboration could set a precedent for AI regulation, influencing 
global cybersecurity standards and competitive dynamics.
The post OpenAI offers European Union access to advanced cybersecurity AI 
model appeared first on Crypto Briefing.

OpenAI offers European Union access to advanced cybersecurity AI model

Bitcoin price slipped back toward the $81,000 region on Monday as weakening 
U.S. institutional demand and renewed geopolitical uncertainty triggered 
another wave of profit-taking across the crypto market. According to data from 
crypto.news, Bitcoin (BTC) traded around $80,900 at press…

Wrench attack case: Three men charged over $6.5M crypto robbery

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