Crypto Banter Signals
One of our High Conviction coins has been doing exceptionally well. Let's book some profits
SUI is continuing its bullish pattern.
We have 750 SUI.
Letโs book 10% profit at $3.72.
We will sell 75 SUI and add 279 USDT to our stablecoin bag.
We will sell another 10% at $4.98, and hold the rest for 3x from there.
Our target for SUI remains $60B market cap.
If you have taken a late entry on SUI (at $2), you can take a 15% profit at $3.72 and hold the place.
One of our High Conviction coins has been doing exceptionally well. Let's book some profits
SUI is continuing its bullish pattern.
We have 750 SUI.
Letโs book 10% profit at $3.72.
We will sell 75 SUI and add 279 USDT to our stablecoin bag.
We will sell another 10% at $4.98, and hold the rest for 3x from there.
Our target for SUI remains $60B market cap.
If you have taken a late entry on SUI (at $2), you can take a 15% profit at $3.72 and hold the place.
Crypto Banter Signals
Market Moving News
1. Nike Faces $5 Million Class Action Lawsuit Over Shutdown of NFT Arm RTFKT๐๏ธ๐
Sportswear brand Nike has been hit with a $5 million class-action lawsuit that accuses the sportswear giant of operating a rug pull by abruptly shutting down its RTFKT subsidiary and abandoning its sneaker-themed digital assets. The lawsuit also accuses Nike of promoting unregistered securities in violation of U.S. law. It claims the company used "its iconic brand and marketing prowess to hype, promote, and prop up the unregistered securities," only to withdraw support once profits were made.
2. Monero Price Surge Likely Attributable to Large Hack: ZachXBT๐ธ๐
According to onchain sleuth ZachXBT, the recent Monero (XMR) price surge is linked to a suspicious BTC transfer potentially involved in a theft event. ZachXBT notes that onchain data shows 3,520 BTC (valued at $330.7 million) was moved from an address and quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero. Due to liquidity for XMR being limited due to exchange de-listings the past few months, the large buy order led to a 50% spike in XMR's price.
3. Loopscale's Exploiter Willing To Accept Bounty Offer Following $5.8 Million Hack !!๐ฏ๐
The hacker behind the recent exploit of Solana-based DeFi protocol Loopscale is reportedly willing to accept a bounty worth 3,947 SOL ($594,000) roughly 10% of the stolen funds. With the exploiter showing willingness to accept the bounty, the Loopscale team has stated it will share a plan for resuming withdrawals and release a full post-mortem in the next few days.
4. Bitget Takes Legal Action On Alleged VOXEL Futures Price Manipulation
Crypto exchange Bitget is reportedly pursuing legal action against eight account holders it accuses of manipulating the price of perpetual futures contracts linked to the VOXEL token. For context, the manipulation incident saw the accounts profiting more than $20 million.โ๏ธ๐
Xie Jiayin, Bitget's head of Chinese operations, stated,
"These eight accounts are the main instigators of the VOXEL incident and have improperly gained more than 20 million US dollars from it. Except for these eight accounts, all other users who participated in VOXEL trading on April 20 and have withdrawn funds do not need to worry. The accounts have been restored to normal and no responsibility will be pursued in the future."
5. ProShares Gets SEC Greenlight for Three XRP ETFS
ETF ๐๐ issuer ProShares will reportedly launch three XRP-tracked futures products on April 30. The ETFs, which have received tacit approval from the SEC, include an Ultra XRP ETF, a Short XRP ETF, and an Ultra Short XRP ETF. These funds provide leveraged and inverse exposure to XRP, but do not hold the asset directly.
6. Major Supermarket Chain Spar to Launch Bitcoin Payments Across Switzerland ๐โก I
Spar supermarkets in Switzerland will reportedly accept Bitcoin payments nationwide after a successful pilot backed by the crypto payments firm DFX Swiss. For context, Spar's Zug location began accepting Bitcoin via the Lightning Network earlier this month. This makes Spar one of the first major supermarket chains in Switzerland to integrate direct Bitcoin payments.
Rahim Taghizadegan, director of Bitcoin Association Switzerland, stated,
"Just scan a static QR code, send sats, immediate and easy registration by the cashier. If enough people use it, it may be rolled out in the whole country."
Market Moving News
1. Nike Faces $5 Million Class Action Lawsuit Over Shutdown of NFT Arm RTFKT๐๏ธ๐
Sportswear brand Nike has been hit with a $5 million class-action lawsuit that accuses the sportswear giant of operating a rug pull by abruptly shutting down its RTFKT subsidiary and abandoning its sneaker-themed digital assets. The lawsuit also accuses Nike of promoting unregistered securities in violation of U.S. law. It claims the company used "its iconic brand and marketing prowess to hype, promote, and prop up the unregistered securities," only to withdraw support once profits were made.
2. Monero Price Surge Likely Attributable to Large Hack: ZachXBT๐ธ๐
According to onchain sleuth ZachXBT, the recent Monero (XMR) price surge is linked to a suspicious BTC transfer potentially involved in a theft event. ZachXBT notes that onchain data shows 3,520 BTC (valued at $330.7 million) was moved from an address and quickly laundered through over six instant exchanges and swapped into privacy-focused cryptocurrency Monero. Due to liquidity for XMR being limited due to exchange de-listings the past few months, the large buy order led to a 50% spike in XMR's price.
3. Loopscale's Exploiter Willing To Accept Bounty Offer Following $5.8 Million Hack !!๐ฏ๐
The hacker behind the recent exploit of Solana-based DeFi protocol Loopscale is reportedly willing to accept a bounty worth 3,947 SOL ($594,000) roughly 10% of the stolen funds. With the exploiter showing willingness to accept the bounty, the Loopscale team has stated it will share a plan for resuming withdrawals and release a full post-mortem in the next few days.
4. Bitget Takes Legal Action On Alleged VOXEL Futures Price Manipulation
Crypto exchange Bitget is reportedly pursuing legal action against eight account holders it accuses of manipulating the price of perpetual futures contracts linked to the VOXEL token. For context, the manipulation incident saw the accounts profiting more than $20 million.โ๏ธ๐
Xie Jiayin, Bitget's head of Chinese operations, stated,
"These eight accounts are the main instigators of the VOXEL incident and have improperly gained more than 20 million US dollars from it. Except for these eight accounts, all other users who participated in VOXEL trading on April 20 and have withdrawn funds do not need to worry. The accounts have been restored to normal and no responsibility will be pursued in the future."
5. ProShares Gets SEC Greenlight for Three XRP ETFS
ETF ๐๐ issuer ProShares will reportedly launch three XRP-tracked futures products on April 30. The ETFs, which have received tacit approval from the SEC, include an Ultra XRP ETF, a Short XRP ETF, and an Ultra Short XRP ETF. These funds provide leveraged and inverse exposure to XRP, but do not hold the asset directly.
6. Major Supermarket Chain Spar to Launch Bitcoin Payments Across Switzerland ๐โก I
Spar supermarkets in Switzerland will reportedly accept Bitcoin payments nationwide after a successful pilot backed by the crypto payments firm DFX Swiss. For context, Spar's Zug location began accepting Bitcoin via the Lightning Network earlier this month. This makes Spar one of the first major supermarket chains in Switzerland to integrate direct Bitcoin payments.
Rahim Taghizadegan, director of Bitcoin Association Switzerland, stated,
"Just scan a static QR code, send sats, immediate and easy registration by the cashier. If enough people use it, it may be rolled out in the whole country."