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SEEK TO ELX. Energy Ledger Inc. seeks to make ELX the standard software development platform for energy value trade on the blockchain. The goal and intent of creating this generalized crypto-commodity is to (i) create a cryptocurrency that can be utilized by the energy industry to manage oil containers, and (ii) to incentivize the long term storage of crude oil through investment in the ecosystem. The idea for ELX was originally conceptualized in 2018 by founder and CEO of Energy Ledger Inc., William G. Pete, who identified the potential for Crude Oil markets to fall into contango or backwardation due to the lack of a computer system such as blockchain being developed to manage and understand the scarcity of storage for crude oil. As of April 2020, oil indexes such as WTI briefly fell negative because of contango patterns “Oil prices have been trading in a pattern known as contango this year, where spot prices and near-term futures are worth less than futures expiring several months from now” (Salzman, A., 2020) and “But suddenly this week, the super contango pattern shifted into a pattern called backwardation, if only briefly. Backwardation means oil today is worth more than oil in the future.” (Salzman, A., 2020). With this issue coming to fruition, Energy Ledger was formed to prove the concept and eventual execution of a deployed blockchain solution for crude oil storage units. Smart contract process characteristics portend potential business process continuous improvement for supply chain processes. The potential for supply chain business process improvements can be situated in blockchain information that may capture performance metrics in ledgers; linking them to agree upon processes (S. Saberi, M. Kouhizadeh, J. Sarkis & L. Shen., 2019).

Crypto and financial markets are experiencing a sense of déjà vu as analysts compare the current macroeconomic outlook to past cycles, particularly the previous Trump-era trade wars. As traders and investors wait with bated breath for a crypto market recovery, all eyes remain pegged to the US dollar index (DXY) and the M2 Money Supply for possible hints. 🔸 Bitcoin, Altcoins & Tariffs: Is a 2017-Style Rally Ahead? A recent chart from ZeroHedge highlights how the US Dollar Index (DXY) in 2025 closely mirrors its 2016 movements. This adds credence to the idea that market trends echo past patterns. This parallel has drawn significant attention from investors, particularly in the crypto sector. Analysts assess whether Bitcoin (BTC) and altcoins will follow a similar trajectory to their 2017 bull cycle. Financial market commentary, The Kobeissi Letter, weighed in on this discussion, emphasizing the similarities between Trump Tariff War 1.0 and 2.0. The commentary acknowledges that today’s macroeconomic conditions differ from those of the previous Trump administration. However, it also notes that several technical movements across asset classes, including stocks, gold, oil, and Bitcoin, have been strikingly similar. So far this year, gold prices have surged over 10%, reflecting a shift toward safer assets. Meanwhile, Bitcoin has declined nearly 10%. This divergence highlights the importance of risk appetite in shaping market sentiment. Bitcoin’s recent price action further validates these observations. On March 4, Bitcoin experienced an abrupt $2,000 drop in just 25 minutes, approaching the resistance level at $90,000. Market participants have noted that cryptocurrency valuations frequently shift by over $100 billion, even without material news. This suggests that liquidity-driven movements and technical resistance levels play a dominant role in price fluctuations. #BTC #Bitcoin #Altcoins

"Last year, I promised to make America the Bitcoin superpower of the world and the crypto capital of the planet and we're taking historic action to deliver on that promise…”  - President Donald J. Trump Crypto 🤝 Making America Great Again

Financial (WLFI), a decentralized finance (DeFi) protocol inspired by Donald J. Trump's vision of financial independence. This collaboration aims to explore the development of next-generation blockchain applications and assets ¹. WLFI, which has been making waves in the DeFi space, plans to include Sui assets in its strategic token reserve, known as "Macro Strategy." This move is designed to bolster leading projects and promote financial independence. Zak Folkman, co-founder of World Liberty Financial, praised Sui's innovative approach, saying, "We chose Sui for its American-born innovation combined with impressive scale and adoption" ¹. The partnership between Sui and WLFI is built on their shared vision of creating a more open and transparent financial world. Evan Cheng, Co-Founder and CEO of Mysten Labs, the original contributor to Sui, expressed his excitement about the collaboration, stating, "We believe that the combination of Sui's technology and WLFI's ambitions could help redefine how the world stores and uses assets" ¹. WLFI's mission is to democratize access to DeFi by creating user-friendly tools that bring the benefits of decentralized finance to a broader audience. The protocol plans to support stablecoin adoption, allowing users to engage in dollar-backed financial transactions that preserve privacy and promote financial independence ¹. This partnership is the latest in a series of developments for Sui, which has been gaining traction in the blockchain space. With its surging DeFi and developer ecosystems, Sui has become one of the fastest-growing Layer 1 blockchains in industry history ¹. In other news, WLFI has also announced its adoption of Chainlink's infrastructure, which will provide the protocol with secure and reliable data feeds ². This move is designed to establish WLFI as a key player in the DeFi space. *Key Takeaways:* - Sui partners with World Liberty Financial (WLFI) on blockchain collaboration - WLFI plans to include Sui assets in its strategic token reserve - Partnership aims to explore development of next-generation blockchain applications and assets - WLFI adopts Chainlink's infrastructure for secure and reliable data feeds Overall, this partnership between Sui and WLFI is an exciting development in the blockchain space, and we can expect to see more innovative collaborations in the future.

In the cryptocurrency market with in the past 24 hours, Sui ( $SUI ) the prominent Layer-1 blockchain token, is making headlines with a series of bullish catalysts. Following yesterday’s partnership announcement with World Liberty Financial, a Donald J. Trump-inspired DeFi protocol, SUI has once again grabbed investor attention as fresh ETF-related developments surface today. Despite the broader market downturn, SUI remains resilient, trading in green as excitement builds around its future prospects. Canary Capital Registers a SUI ETF In a major development, Canary Capital has registered a Sui-based Exchange-Traded Fund (ETF) by filing a trust in Delaware today. This marks the first official step toward an SEC filing for a U.S.-based SUI ETF, a move that could significantly boost institutional demand. Sources indicate that this Delaware registration is a precursor to submitting an S-1 registration statement, the first step required in the two-stage process for launching a crypto ETF in the United States. If the SEC filing goes through, Canary Capital would become the first asset manager to propose a Sui ETF, potentially opening the door for large-scale adoption and investment in SUI. Is a Breakout Ahead ? From a technical perspective, SUI is at a crucial inflection point. Following the major announcements, SUI surged to $2.80, inching closer to the upper resistance of its falling wedge pattern, a structure that historically signals potential bullish breakouts. The price is also testing the 200-day moving average (200MA), a key level that often determines long-term trend reversals. If bullish momentum continues and SUI manages to break above the falling wedge resistance with a retest, it could lead to a strong rally. The next key resistance levels are at $3.48 and $3.78, aligning with the 50-day moving average (50MA). This could result in a 28% upside from current levels. However, if the breakout attempt fails, SUI may retest lower support levels before making another move to the upside. Final Thoughts With both the ETF narrative gaining traction and the strategic partnership with World Liberty Financial, SUI is positioned for significant growth in the coming weeks. The ETF filing by Canary Capital could open doors for institutional investment, while the WLFI partnership strengthens SUI’s presence in the DeFi ecosystem. If both catalysts align with a technical breakout, SUI could see a major rally, further solidifying its standing in the blockchain space.