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This strategic move will enable both companies to establish a stronger presence in the digital finance world. Through the partnership, Sui’s scalable technology and World Liberty Financial’s global customer base will be combined to create new financial solutions. Following the announcement.

Sui‘s price rose by approximately 7%, reaching $3. However, Sui faced strong resistance at the $3 level. While it has been rejected for now, if it breaks through the $2.90-$2.77 resistance levels, the next target will be the upper resistance of the descending channel. Its nearest support is at $2.38. A break below this level could lead to a decline towards the support of the descending channel.

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The post World Liberty Financial and Sui Form Strategic Partnership! appeared first on Coin Engineer.

Upbit’s Announcement Followed by Bithumb’s: Following Upbit’s announcement, Bithumb, the second-largest cryptocurrency exchange in South Korea, also started the day with an altcoin announcement.

BRETT and TAIKO Listings: In this regard, Bithumb announced that it will list the altcoins BRETT and TAIKO.

BRETT Listing Details:

Supported Market: Korean Won Market

Supported Network: BASE (Deposits from other networks are not supported.)

Deposit Start: 09.07.2024 (Tuesday) 15:00

Trading/Withdrawal Start: 09.07.2024 (Tuesday) 18:00

TAIKO Listing Details:

Supported Market: Korean Won Market

Supported Network: Taiko (Deposits from other networks are not supported.)

Deposit Start: 09.07.2024 (Tuesday) 15:00

Trading/Withdrawal Start: 09.07.2024 (Tuesday) 18:00

TAIKO and BRETT Price Increases: TAIKO is a zkEVM Ethereum layer 2 network supported by Vitalik Buterin. BRETT, on the other hand, is a memecoin on the Base chain. Following the listing news, BRETT and TAIKO prices increased by 14% and 16%, respectively.

The post Bithumb Announces Listing of Two New Altcoins! appeared first on Coin Engineer.

Bounce (AUCTION) has been listed on Upbit, South Korea’s leading exchange, where Bitcoin (BTC) and Ethereum (ETH) trading volumes have been lagging behind altcoin volumes.

Upbit announced the listing of AUCTION at 10:00 AM KST today on its official website.

The exchange stated in its announcement that AUCTION deposit transactions will only be open for the Ethereum network. Upbit also warned that transfers from other networks should not be made.

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It was stated that AUCTION will be traded in South Korean Won (KRW) pairs, and after this listing, investors will be able to buy and sell AUCTION/KRW trading pairs.

According to CoinGecko data, AUCTION took off after the listing announcement. The AUCTION price soared 80% from $17.3 to $31.4. AUCTION, which has since pulled back slightly, is trading at $29.2.

The post Upbit Listing Announcement Sends Altcoin Price Soaring 2x in 5 Minutes! appeared first on Coin Engineer.