Crypto Watchlist: SUI's Bitcoin Bridge, Key Dates for BTC & More

Keep your eye on SUI and Bitcoin this week. SUI is building a bridge to Bitcoin DeFi, while Trump's crypto report and MicroStrategy's earnings loom large for BTC.

Crypto Watchlist: SUI's Bitcoin Bridge, Key Dates for BTC & More

The crypto markets never sleep, and this week is no exception. From SUI's ambitious plans to connect with Bitcoin to potential policy shifts impacting BTC, here's what's on our radar.

SUI: Building a Bridge to Bitcoin DeFi (BTCFi)

SUI is turning heads, and for good reason. Crypto strategist Michaël van de Poppe recently highlighted SUI's momentum, emphasizing the importance of connecting Bitcoin to other chains. SUI is actively building that bridge, and if successful, could unlock a whole new world of decentralized finance possibilities for Bitcoin holders. The SUI blockchain is known for its high throughput and Move-based smart contract design. A sustained increase in TVL is signaling deeper liquidity and investor confidence.

According to the chart shared in the post, SUI has reclaimed a crucial support level near $2.80 and appears poised to revisit a key liquidity zone above $3.90. The technical setup points to a possible period of consolidation before continuation toward a new all-time high (ATH).

Bitcoin: Policy and Performance in the Spotlight

Bitcoin remains a central figure in the crypto conversation, and this week brings two key events to watch. First, the Trump administration's official crypto policy report is due on July 30th. Markets will be watching closely for guidance on ETFs, stablecoin policy, and mining regulation. Any significant policy announcements could have a major impact on BTC's price and the broader crypto market.

Second, MicroStrategy, led by Bitcoin bull Michael Saylor, will report Q2 earnings on July 31st. Investors will be eager to see if MicroStrategy added to its already substantial Bitcoin holdings. Saylor's unwavering commitment to Bitcoin has made MicroStrategy a bellwether for institutional interest in the cryptocurrency.

Other Altcoins on the Watchlist

While SUI and Bitcoin dominate the headlines, several other altcoins have key events on the horizon:

• Pendle ($PENDLE): Potential launch on HyperEVM, opening new DeFi opportunities.
• Resolv ($RESOLV): Fee switch goes live on July 31st, potentially impacting token valuation.
• Fluid ($FLUID): DEX Lite launch next week, promising faster trades and lower fees.
• Sonic ($S): Updated S1 airdrop claiming portal release, adding over 100,000 wallets.
• Huma Finance ($HUMA): Major partnership announcements incoming, including one with a key Ripple customer.
• Jupiter ($JUP): Jupiter Lend registration ends July 28th.
• Lido DAO ($LDO): Community Staking Module V2 vote ends July 28th.

Final Thoughts

So, there you have it – a jam-packed week ahead in the crypto world. Whether you're a seasoned trader or just dipping your toes in, keep an eye on these key developments. And remember, in the wild world of crypto, anything can happen! Just try not to get *too* rekt, alright?