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  • Shiba Inu Netflow Exits Bullish Zone With 69 Billion SHIB but Price Says Otherwise

    Shiba Inu Netflow Exits Bullish Zone With 69 Billion SHIB but Price Says Otherwise

    Shiba Inu has recently flipped negative and its key exchange activity shows that demand is on pause and traders are increasingly selling again.

    Latest onchain data from crypto analytics platform CryptoQuant shows that the Shiba Inu exchange activity has retreated from its recent bullish position, flashing negative signals.

    Shiba Inu price explodes

    The data shows the Shiba Inu exchange netflow has increased to over 69 billion $SHIB as the amount of $SHIB currently available for sale across all supported exchanges has surged substantially.

    With the $SHIB exchange flow sitting at a net balance of 69,237,400,000 $SHIB, it implies that the amount of $SHIB tokens being sent to exchanges for sale over the last day is substantially higher than the amount of tokens removed from the exchanges for buying purposes.

    $SHIB reclaims $0.000004566 despite bearish netflow

    Despite the bearish trend in the Shiba Inu exchange activity, Shiba Inu has taken an unexpected turn with an explosive price move that has seen its price reclaim a previous high.

    Unlike previous market situations when bearish netflows are met with extreme price volatility, Shiba Inu has defied the trend this time, resisting the pressure from sellers.

    Although the $SHIB exchange activity shows that inflows are outpacing outflows, Shiba Inu has surged by over 10% over the last 24 hours, reclaiming its previous high of $0.000004566.

    Nonetheless, the unexpected divergence between the $SHIB price move and exchange netflow suggests that buyers are aggressively absorbing the additional supply entering exchanges.

  • ‘Black Panther 3’: David Jonsson to Play T’Challa’s Son as December 2028 Release Date Set

    ‘Black Panther 3’: David Jonsson to Play T’Challa’s Son as December 2028 Release Date Set

    Black Panther is back!

    David Jonsson has been cast as the new Black Panther and is playing T’Challa’s son in “Black Panther 3,” out Dec. 15, 2028. The film will follow Jonsson’s character, Prince T’Challa II, as he comes of age after he was introduced as a child in “Black Panther: Wakanda Forever.”

    Director Ryan Coogler will return for the third film, as well as Leticia Wright reprising her role as Shuri and Winston Duke as M’Baku. The news was announced at Marvel’s Comic-Con Hall H panel.

    Wright took over as Black Panther from her late co-star Chadwick Boseman in “Black Panther: Wakanda Forever,” with Shuri becoming the eponymous superhero. Boseman, who portrayed T’Challa in the first “Black Panther,” died of colon cancerat age 43 in 2020, when Coogler was working on the sequel. The character T’Challa II was introduced as T’Challa and Nakia’s (Lupita Nyong’o) son in “Wakanda Forever.”

    Jonsson recently starred in “Alien Romulus” and the adaptation of Stephen King’s “The Long Walk.” Wright told Variety in January 2023 after the release of “Wakanda Forever” that she thought the third film in the franchise was “already in the works.”

    “You know, we just had a terrific two years of bringing it out and everybody coming together to support it,” Wright said in the interview. “We need a little bit of a break, we need to regroup and Ryan needs to get back into the lab, so it’s going to take a little while, but we’re really excited for you guys to see that.”

    The first “Black Panther” movie, released in 2018, took in $1.3 billion at the worldwide box office, and starred Boseman, Wright, Lupita Nyong’o, Forrest Whitaker, Michael B. Jordan, Danai Gurira and Angela Bassett. It earned seven Oscar nominations, including best picture, the first superhero movie to do so. The film won three Oscars, including best costume design, best production design and best original score.

    “Black Panther: Wakanda Forever” grossed $859 million worldwide when it was released in 2022, and had one of the most profitable opening weekends post-pandemic, earning $331 million worldwide. The film was nominated for five Oscars, with Angela Bassett’s nomination for best supporting actress marking the first time any actor in a Marvel film was nominated for an Academy Award.

    Marvel fans won’t have to wait long to see Wright back in action as Black Panther, as she’s part of the sprawling “Avengers: Doomsday” cast. The film will hit theaters on Dec. 18.

  • Robinhood in talks with Crypto.com over prediction markets: WSJ

    Robinhood in talks with Crypto.com over prediction markets: WSJ

    The company behind the cryptocurrency and stock trading app, Robinhood, is reportedly discussing plans to expand its existing prediction markets offering with crypto exchange Crypto.com.

    According to a Friday Wall Street Journal report citing people familiar with the matter, Robinhood was in talks with Crypto.com to place yes-or-no event contracts supplied by the exchange. The trading company launched its prediction markets hub in March 2025, initially facilitated by Kalshi in order to comply with regulatory requirements from the US Commodity Futures Trading Commission (CFTC), and later using ForecastEx and Rotella.

    The reported move came just days after Bernstein analysts raised the firm’s price target on Robinhood (HOOD) stock to $160 from $130 per share, based on the company’s outlook for prediction markets and tokenized equities. They predicted Robinhood’s revenue using prediction markets could reach $1.7 billion by 2028.

    While Bernstein said in April that volumes in prediction markets could reach $1 trillion by 2030, many of the platforms face ongoing legal challenges in the United States between state and federal authorities. The CFTC has claimed to have “exclusive jurisdiction” over the companies’ event contracts, while gaming authorities in many states have filed lawsuits attempting to block or restrict their activities.

  • Donald Trump Delivers Rally-Like Hour Of Rehash In White House Correspondents’ Dinner Speech

    Donald Trump Delivers Rally-Like Hour Of Rehash In White House Correspondents’ Dinner Speech

    At the rescheduled White House Correspondents’ Association Dinner on Friday, Donald Trump delivered an hour-long speech blending shopworn rally material with a string of leaden one-liners.

    He was making his first appearance as president at the dinner, which had to be rescheduled last April after a shooter attempted to rush the ballroom and was subdued by the Secret Service. While presidents for decades have long used the event’s keynote slot to zing reporters to varying degrees, Trump lapsed into rally mode, only deviating for some personal broadsides at members of the press, marbled with references to their appearance.

    After one clanger about an elderly U.S. senator’s sex life drew crickets, Trump asked, “Does anybody get that? I thought that was actually great. That was actually the only thing I thought was good in this whole frickin’ stupid speech. It was the only good one, and that went down with not exactly great laughter.”

    Over the rest of the meandering speech (watch the whole thing below), Trump seemed to recognize that many of his would-be jokes were not landing. There were few laughs or reactions at all beyond squirming or fidgeting as he veered in stream-of-consciousness fashion from topic to topic.

    “Tonight’s event is even crazier than the last time,” Trump said. “It’s so successful that I’ve been informed by CBS News’ David Ellison” (Ellison is CEO of CBS parent Paramount) that “next year, they’re going to call it the Trump White House Correspondents’ Dinner.” Changing the name, he added, “is the only way you’re going to get me back here.”

    The hour-long speech tested the patience of all but the fiercest Trump loyalists in attendance. The audience only sporadically reacted, with long periods of near-silence prevailing in the ballroom. Once Trump’s remarks concluded and mentalist Oz Pearlman took the stage, a number of guests streamed toward the exits.

    Compared with April’s event at the Hilton, the ballroom at the Waldorf-Astoria is much smaller. Trump cabinet members mingled with reporters in an aisle near one of Paramount’s tables. Chief Legal Officer Makan Delrahim was at the dinner just a couple of hours after the decision to push back the company’s planned merger with Warner Bros. Discovery amid an antitrust challenge. At a Paramount table with Delrahim were Secretary of War Pete Hegseth, presidential advisor Stephen Miller and his wife Katie Miller. Also at the event: Secretary of Health and Human Services Robert Kennedy Jr. and his wife Cheryl Himes, as well as Commerce Secretary Howard Lutnick, Department of Homeland Security Secretary Markwayne Mullin and Acting Attorney General Todd Blanche, who was at the center of one of Pearlman’s mental feats.

    Prior to Trump’s remarks, there were some awkward moments onstage as annual awards were given out, including to some journalists who investigated the president. As Wall Street Journal reporters accepted an honor for their Jeffrey Epstein story, Trump shook their hands and then threw his hands up in the air and smiled a bit. Wolf Blitzer, who was presenting the award, noted that he sued the WSJ over the story for $20 billion.

    Once at the lectern, Trump went after Josh Dawsey, one of the WSJ winners, and CNN host Kaitlan Collins with highly personal digs, but the room fell nearly silent as the would-be laugh lines were delivered. Weijia Jiang, outgoing president of the WHCA, largely stayed serious, not giving up a reaction, as Trump went into the would-be-roast-like digressions.

    CNN even released a statement during the speech, defending its journalists.

    The president appeared to have a set of prepared jokes, but he frequently veered off script, or their subjects seemed to remind him of an aside. The result was a speech that weaved through familiar political attacks, like on Adam Schiff’s appearance, to an extended riff on his plans for a White House ballroom. At one point, he pointed to details on the chandeliers at the Waldorf Astoria venue, which he built and previously operated as a Trump hotel. Some of his biting insults at the press were perhaps more muted than they otherwise would have been, given the sheer length of the speech and the topics covered.

    When Pearlman took the stage, he noted that Trump had made “an announcement that he will attending next year’s event. I thought he was going to be speaking until next year, actually.”

    Trump had been scheduled to speak at the April dinner, but it was interrupted and then ended after a gunman breached a security barricade. The incident took place just outside the Washington Hilton ballroom, but shots could be heard among dinner guests. That sent the Secret Service scrambling to remove Trump and Vice President JD Vance from the dais, as well as other guests seated in the ballroom.

    RELATED: Behind The Scenes As C-SPAN’s Team Captured The Chaotic, Harrowing Night Of The White House Correspondents’ Dinner

    Trump urged the White House Correspondents’ Association to reschedule, but the new arrangements were for a new venue at the Waldorf, formerly a Trump hotel, and with a new set of security measures in place.

    But just as in April, there has been attention on the WHCA and what would be said during the evening, not just by Trump but by other journalists. In addition to a flurry of lawsuits against media outlets and routine rants about the news media, Trump has threatened to pull network broadcast licenses and his Justice Department has subpoenaed reporters to try to obtain their sources. In the latter case, the DOJ this week withdrew subpoenas issued to New York Times reporters who wrote pieces on the lack of security features on the new Air Force One. That followed a court hearing in which a federal judge criticized government attorneys for the way that the subpoenas were issued.

    The president skipped the WHCA dinners last year and during his first term, at times holding counter events. But he agreed to attend this year, putting him front and center at an event celebrating some of the journalists he has attacked. Among those receiving awards were reporters for The Wall Street Journal who reported on a bawdy letter with Trump’s signature sent to Jeffrey Epstein. Trump denied he sent the letter, and sued the publication, along with its publisher and Rupert Murdoch.

  • Inside The Room At The Rescheduled WHCA Dinner As Donald Trump Tried Rickles-Like Rally Schtick, But Was Met With The Sounds Of Silence

    Inside The Room At The Rescheduled WHCA Dinner As Donald Trump Tried Rickles-Like Rally Schtick, But Was Met With The Sounds Of Silence

    Inside the Waldorf Astoria on Friday evening, President Donald Trump took to the stage at the White House Correspondents’ Dinner and tried out some Don Rickles-like shtick, interspersed it with some of his greatest rally hits and fixated on some of his obsessions, including his plans for a White House ballroom.

    What stood out during his one-hour-and-two minute remarks, though, was the silence in the crowd: many jokes didn’t land, he meandered into asides and veered into insider-ish attacks that likely went well over the heads of the TV audience. Much of what he said wasn’t humor, in contrast to the tightly scripted routines of his predecessors, but akin to a fever dream from someone who has spent a bit too much time watching right-wing TV.

    At about 45 minutes in, guests were looking at their phones and fidgeting in their seats. I looked around and locked eyes with a man who gave a brief yawn. It was Howard Lutnick, the commerce secretary.

    The length of Trump’s remarks were a reminder of one of Johnny Carson’s quips from the Oscars decades ago: “Welcome to two hours of sparkling entertainment spread over a four-hour show.” It should be noted that Trump’s weaving from topic to topic included a riff on the Academy Awards and how they have gotten too anti-Trump, but even that didn’t get much of a response.

    The president did deliver some funny lines, including quips about Robert F. Kennedy Jr.: “I hope that everyone finally got to enjoy their entire, very delicious beef tenderloin, very special beef. And I want you all to know that Bobby Kennedy, who’s right here, personally ran over the cow in his car.”

    Trump also revealed that he still counts how many front-page stories he gets in the New York Times, and gave some practical guidance for reporters who have his phone number and want to call him directly, and why he answers some of them. “I always find that when you don’t speak to the press, you always get a bad story. When you do speak to the press, you have a shot at a good story.”

    Yet in a room full of journalists, Trump’s attacks on figures like CNN’s Kaitlan Collins were met with stone-faces from those who were well aware their reactions could be caught on C-SPAN cameras. His personal insults, ranging from Adam Schiff having a pencil neck to Chris Christie’s weight to Bruce Springsteen’s aged face, also were repeats of various Truth Social posts.

    The event, in the Waldorf Astoria ballroom, was in a much smaller venue than the Washington Hilton, making it more intimate and putting many attendees face-to-face with Trump’s top advisers and members of his cabinet including Stephen Miller, Defense Secretary Pete Hegseth and Acting Attorney General Todd Blanche. With a much smaller crowd, and no pre-event receptions, the enhanced security generally moved briskly.

    There were standout moments during other parts of the evening. This was the rescheduled dinner after April’s event was stopped by an apparent assassination attempt on the president, as a gunman breached security and the sounds of gunfire sent the thousands of attendees at the Washington Hilton to the floor. The WHCA paid tribute to the Secret Service officer, Victor Gonzales, who helped stop the gunman, as well as the Washington Hilton staff.

    WHCA president Weijia Jiang, White House correspondent for CBS News, gave a very personal and heartfelt speech about her journey, having been born in China, raised in Appalachian coal country and, inspired by Connie Chung, landing in the “Oval Office to ask questions of the president of the United States.”

    President Donald Trump, White House Press Secretary Karoline Leavitt (L), and White House Correspondents Association President Weijia Jiang (R) attend the re-scheduled White House Correspondents Dinner in the Presidential Ballroom at the Waldorf Astoria on July 24, 2026 in Washington, DC. The annual gala hosted by the White House Correspondents Association was re-scheduled to tonight after the original event in April was cut short when an armed man, later identified as Cole Tomas Allen, attempted to get past a Secret Service checkpoint.

    L-R: White House Press Secretary Karoline Leavitt, President Donald Trump and Weijia Jiang

    Eric Lee/Getty Images

    There was pressure on the WHCA to directly confront Trump for his attacks on the press. Jiang talked about the purpose of the First Amendment and the intent of the founders, while commenting more generally on the state of the situation rather than call out specific episodes. She said, “Criticism of the media can be unfair. It can also be legitimate. We get a lot right, but sometimes we get things wrong. We mistake proximity to power for understanding it, and at times we get trapped in our own bubbles. There is a difference, though, an existential difference, between criticizing the press and trying to undermine it.”

    When it came to the defense of the press at a difficult moment, the approach of the WHCA appeared to be that of what is taught in J-school: Show, don’t tell. A video segment featured an AI-generated James Madison explaining the importance of the First Amendment, with clips of Trump’s predecessors, including Ronald Reagan to Barack Obama, acknowledging the essential role of the press corps. Comments from Dan Rather and Sam Donaldson reinforced how the adversarial nature of the relationship is nothing new.

    The most direct face-to-face with Trump’s press attacks came when Wolf Blitzer presented an award to Wall Street Journal for its reporting on an alleged bawdy letter that Trump wrote to Jeffrey Epstein. As Blitzer noted that Trump sued the Journal for $20 billion, the president gave a smirk, to some laughter, then he shook hands with the reporters who received the prize. After it was over, he threw his hands up in the air, as if to say, whatever.

    Toward the end of his winding remarks, Trump did say that he respected those in the room, but also that he planned to be back at the event next year.

    What seemed to really wow the room came at the end, when mentalist Oz Pearlman performed a series of feats, made all the more notable when they involved UN Ambassador Mike Waltz and Blanche. The latter figure, awaiting Senate confirmation to take the DOJ post permanently, gamely played along as Pearlman asked him to lie about how much money he had in his wallet. Blanche said $130; Pearlman wrote down the correct figure, $85.

    Later, Pearlman had Blanche sign one of his $20 bills.

    “Hold it up and let everyone see the federal offense you have just committed,” Pearlman quipped. “He just clearly lost the Senate confirmation hearings on camera.” The interplay made sense a little later when Pearlman performed another feat, writing a figure on a whiteboard that matched the serial number to Blanche’s bill.

    The moment was a bit incongruous to what is going on in D.C. and with Blanche himself, what with the DOJ recently issuing subpoenas to reporters from The New York Times, and then withdrawing them in the face of a judge’s criticisms. But for the WHCA dinner, a tradition that has traditionally mixed the serious with showbiz, Pearlman’s routine at least proved to be a bit of sparkling entertainment.

  • Morgan Stewart on Wave of Home Burglaries in L.A.: “Everyone I Know Has Gotten Robbed”

    Morgan Stewart on Wave of Home Burglaries in L.A.: “Everyone I Know Has Gotten Robbed”

    Morgan Stewart has revealed more about the harsh reality of being burglarized twice at her Beverly Hills home.

    The reality TV veteran, fashion influencer and podcast host joined Jake Shane on the newest episode of his show, Therapuss, and opened up about experiencing firsthand a crime wave that has impacted such celebrities as Brad Pitt, Lionel Richie, Goldie Hawn and Kurt Russell, Nicole Kidman and Keith Urban, Tracee Ellis Ross, Rachel Zoe, Kathy Hilton, Sutton Stracke and more.

    “Bought it in France, brought it home, stolen out of my house two days later,” Stewart told Shane of a rare Hermes Birkin purse that was taken. “I was camping with my kids for their school camping trip, and we got a call from security. We had security [and he had fallen asleep] in front of the house. I’ve just now gotten past [him falling asleep], and they smashed through my office door and they went into our bedroom and ransacked my husband’s watches.”

    Stewart then commented on the rash of burglaries and said “this is happening a lot in the area, unfortunately, it’s happening all the time,” so much so she claimed that “everyone I know has gotten robbed.” The robbers took armfuls of her rare purses but left a glass case full of bags untouched. “They didn’t touch because I think they probably would have thought there was an alarm or something attached to it.”

    “I was just furious. I was angry. I’m pissed. It’s a violation,” she said of the emotions she experienced after the fact. “I saw the video of them climbing over my gate in the middle of the day. And they had six bags on each arm, and they tossed them over the gate onto the driveway. I’m like, ‘You are so disrespectful. Hop politely because you’ve just scratched the Box Kelly I just got.’ It was literally just like trash on the floor.”

    Stewart also revealed that she experienced a second burglary at her home. “My security caught them on the hillside,” she said. “That was when they took all my jewelry. But we got it back, thank God.”

    She now says her home is guarded like “Fort Knox.” The Therapuss episode is available on Netflix and Spotify, and finds Stewart also dishing about style trends for summer, what life was like on Rich Kids of Beverly Hills and more.

  • President Trump Roasts Media at Rescheduled, Paired-Down White House Correspondents’ Dinner

    President Trump Roasts Media at Rescheduled, Paired-Down White House Correspondents’ Dinner

    President Trump appeared at the rescheduled White House Correspondents’ Association Dinner, which took place in Washington, D.C. on Friday with a new location and a drastically reduced list of attendees, following the cancellation of the event in April after a gunman fired shots as the event was underway. 

    Moved to the Waldorf, Astoria, in the nation’s capital instead of the Washington Hilton and reduced from  2,600 guests down to around 680, it was less a star-studded event that each year sees celebrity guests brush elbows with reporters and editors as they sit with the politicians they cover — the optics of which are criticized each year by journalists and critics alike. 

    For the make-up dinner, the WHCA is also bringing back the Secret Service member who survived the April shooting, when 31-year-old Cole Tomas Allen, who allegedly intended to target multiple Trump administration officials, was arrested near the screening area outside the banquet hall after running past the security checkpoint. Plus honoring the Washington Hilton staff who stayed on the scene and continued tending to rattled guests.

    Elements of the first dinner remained. The awards were handed out; mentalist Oz Pearlman, who got just one private trick for the White House press secretary at the first dinner before gunshots caused chaos, returned to deliver some levity; and ahead of the event, a group of hundreds of former journalists and press freedom groups sent a letter to the WHCA. Now, they were urging the association to capitalize on Trump’s attendance by calling him out for his administration’s attacks on First Amendment rights, which include recently subpoenaing New York Times reporters over their coverage and threatening to revoke licenses of broadcasters.

    The president took to the stage around 9:30 p.m. ET and brought up the attempted attack early in his much-anticipated speech, which has been speculated upon heavily in April and again ahead of the July event. Traditionally, the dinner’s speeches are a roast of the attendees and the president himself.

    “The attempted mass murder at the Washington Hilton — that’s what it could have been — was an assault on our democracy itself,” Trump said. “A very serious situation. Many of you were there with me, and some showed extreme bravery, like Pete Hegseth, Steve Miller, Tom Holman. Really, they were standing on tables. And most of you were under the table,” he said to Friday night’s attendees, which got some laughs.

    Trump’s first joke to fall completely flat came soon and involved a rapper and MAGA convert who he recently had at a White House event. 

    “After hearing the gunshots, many people yelled, ‘Get down! Get down!’ which caused Nicki Minaj to start twerking,” he said, referring to the dance. “Do you believe it? Get down. She’s the only one that really understood what that meant.”

    Trump’s speech began to meander as he at first reminisced about the Waldorf Astoria in the 1980s and moved to several topics and name-dropped celebrities not in the room and with whom he has personal gripes, some going back for decades. Rosie O’Donnell, Bette Midler and Bruce Springsteen all got a mention, with the latter’s looks as he ages compared to the president’s own. Trump joked that his live show, where he was railing about the administration’s policies, was now called “Bored in the U.S.A.” 

    More to come…

  • Nick Hakim’s ‘I Can See’ Is a Hazy Alt-R&B Masterpiece: Album Review

    “Stoner R&B” is not an insult: It’s the opposite, a loose term to describe a sprawling genre of music that includes everything from Dijon and Frank Ocean to Brent Faiyaz and Jhene Aiko. It’s R&B that has smoked a strong blunt, with languid grooves, heavy bass, psychedelicized production and an unhurried vocal approach. Unlike the tight rhythms, choppy guitars and urgency of traditional R&B, it’s not in a hurry to get anywhere.

    When Nick Hakim first emerged in 2014 with his “Where Will We Go” EPs and subsequent albums, he was a bright new voice in the genre, but as the years went by, his music sailed further and further out until, by 2022’s “Cometa,” conventional song structures had pretty much drifted off.

    But his fourth and latest album, “I Can See,” is his most focused work to date — and despite the unhurried tempos and smoky vibes, it’s a very seriously structured set of songs, with multiple layers of his soft, soulful vocals and shimmering keyboards. “Real Here Now” is one of the most gorgeous R&B songs you’ll hear all year and is almost like an Usher song from a parallel universe, but as always his music has a crossover appeal that defies pigeonholing: The following song, “U Can Make It,” is a densely layered track built around a thudding electronic bass drum, echo-drenched piano and layers and layers of vocals.

    The unusually hazy sound of this album is as vital as the songs — the vocals and instruments waft in and out of the mix like music from a passing car or sounds from the apartment next door; you’re not always sure exactly what you’re hearing, not that it matters. Equal parts electronic and organic, it pairs conventional snare and rimshot sounds with heavy digital bass, piano so heavily treated that it sounds like a warped calliope, and backing vocals that float in and out like a chorus of ghosts.

    After the more-conventionally structured songs of the album’s first half, the last few continue “Cometa”’s journey toward the cosmos, growing murkier and piling on effects reminiscent of dub reggae. Indeed, “I Can See” is a realm beyond alternative R&B — it’s more like R&B from a different planet.

  • Sui traders eye range lows at $0.70 as oversold RSI signals potential buying zone

    Sui traders eye range lows at $0.70 as oversold RSI signals potential buying zone

    Sui [$SUI] faced a 5% price drawdown in the past 24 hours, with a 9.6% uptick in daily trading volume. This was worrisome as it suggested a short-term increase in selling pressure.

    The rest of the crypto market has faced losses over the past day, too. Bitcoin [BTC] and Ethereum [ETH] were down 1.05% and 1.14%, respectively. Compared to these market leaders, Sui was underperforming in the short-term.

    Why the Sui downturn is surprising

    Coinbase announced that $SUI can be staked directly on the exchange. Staking rewards would directly accumulate to the user’s account. It offered an easy, effortless way of earning rewards.

    Source: Ted on X

    Trader Ted noted that the bullish catalyst could help the altcoin break past the descending trendline resistance in place since early June. The token has defended the $0.66 support zone well so far.

    Some more consolidation followed by a bullish breakout was a viable scenario, the trader wrote.

    Source: $SUI/$USDT on TradingView

    The swing low at $0.65, made in June, marked the swing structure’s low. The RSI on the 1-day timeframe recently climbed above neutral 50, but the losses of the past three days sent the momentum indicator tumbling once more.

    The OBV was in a downtrend, although the selling pressure has eased in July.

    A pullback, in the form of a rally toward $1.12-$1.25, the Fibonacci golden pocket, was technically possible. However, it was far from playing out in reality.

    Traders’ call to action- Wait

    Source: $SUI/$USDT on TradingView

    In July, $SUI has been trading within the $0.70-$0.77 range. Traders can look to trade the token within this range. The RSI on the 4-hour chart was in oversold territory as the token approached the range lows.

    While this can be a buying opportunity, a breakout past the $0.82 local resistance zone would be a stronger buy signal for swing traders. Similarly, a breakdown below $0.65 would signal that the next impulse bearish price move was imminent.

    Final Summary

    • The Coinbase staking news has served as a sell-the-news type event.
    • The short-term range between $0.70-$0.77 might provide trading opportunities, but the $0.82 supply zone is also one to keep an eye on.
  • ‘Widow’s Bay’ Creator on Writing Season 2 After Buzzy Launch: “I Learned a Lot About What You Don’t Need”

    ‘Widow’s Bay’ Creator on Writing Season 2 After Buzzy Launch: “I Learned a Lot About What You Don’t Need”

    The writing process has just begun for the second season of Apple TV‘s latest hit series Widow’s Bay.

    Show creator Katie Dippold participated in Collider’s Showrunners on Showrunning panel at San Diego Comic-Con on Friday, where she opened up about the project’s startling success. Starring Matthew Rhys as the mayor of a New England island that the residents are convinced is haunted, Widow’s Bay quickly became one of television’s buzziest shows after its April launch and went on to land a whopping 19 Emmy Award nominations, including best comedy series.

    “It took a long time,” Dippold said about how soon she got a sense that the show had picked up as many fans as it did. She joked that she remains “terrified” of Reddit but eventually took enough of a look on the social media platform to see that the amount of discussion about Widow’s Bay was increasing wildly. “Seeing that was really shocking.”

    The writer, also known for her work on such features as The Heat and Snatched, explained that she did not know that the series had been renewed for a second season until just before the news went public. “But I was still always hoping and thinking about it,” she continued, pointing out that the writers room for season two started earlier this week. “It’s a great room, and then we’re going to be writing for the next 20 weeks.” Dippold noted that her goal is to begin filming next year for the show that also stars Kate O’Flynn, Kevin Carroll, Dale Dickey, Kingston Rumi Southwick and Stephen Root.

    As for lessons from the initial season that the first-time showrunner plans to incorporate for the second one, Dippold said, “I learned pretty quickly in making it.” Dippold pointed out that she felt that the comedy worked because the actors played things straight and dramatic: “Throughout the process, it was making sure everything served that, and so that’s top of mind going into season two. Also, the scripts were longer and pretty dense. I had to make last-minute cuts for time, so I’ll just be more mindful of that because we didn’t need that much.”

    She added, “In the edit, I just could see, ‘Oh, you actually didn’t need any of this stuff anyway.’ I learned a lot about what you don’t need and getting to things quicker.”

    In her review of Widow’s Bay for The Hollywood Reporter, critic Angie Han wrote, “At its best, Widow’s Bay highlights the blurry line between comedy and horror.”