The post Will SUI Price Hit $10? appeared first on Coinpedia Fintech News SUI has been making headlines in 2025 with its impressive price action. With rising adoption, TVL, and institutional interest, SUI could be eyeing long-term price targets of $5, $10, or even higher in the coming months. SUI started the year strong as it briefly crossed the $5 mark. But it further dropped over 65% as the selling pressure kicked in. Despite the drop, the buyers quickly stepped in and helped the price recover. The interest is growing again now and the momentum looks set to continue. SUI is currently trading at $3.07, up 2.9% in the last 24 hours. It is showing mixed technical signals with most moving averages bearish. The Relative Strength Index (RSI) is around 41, indicating that momentum has cooled, and the MACD also points to a slowdown. If SUI holds above $3.10, it could climb to $3.50 this week. A rise above $3.50 may trigger a bigger rally; but if it drops below $3.00, then more selling could follow. Will SUI End June at $4? SUI started off the month slow and is stuck in a tight range as bears tried to push the price down. However, buying pressure is expected to rise in the next few days breaking past its resistance levels. The outlook for June remains bullish, with SUI likely to end the month between $3.80 and $4.00. Analysts said that SUI is shaping up to be a major player in the next bull run. The network now ranks 8th in total value locked (TVL) across all blockchains. A big part of this momentum comes from Suilend, Sui’s leading lending platform, which recently saw its TVL surge by 90% to $700 million in just one month. $SUI remains to be one of the core pillars of the upcoming bull cycle. Interesting metrics: – 8th highest TVL across chains – Suilend has become the largest lending protocol with a 90% increase in the past month –> $700M in TVL. – Over 10% of SUI's TVL is in #Bitcoin -related… pic.twitter.com/t8kypcZeQd — Michaël van de Poppe (@CryptoMichNL) June 9, 2025 Additionally, over 10% of SUI’s TVL is now in Bitcoin-related assets. This kind of cross-chain functionality is drawing in new users and liquidity. The institutional interest in SUI is also on rise as several firms have filed for SUI ETF. With all these factors in play, a new all-time high for SUI may not be too far. SUI Outperforms SOL SUI is also outperforming Solana, and the trend may continue over the next 12 to 24 months. If Sui keeps up the same uptrend, it could trade between $5 and $8 in 2026. According to CoinCodex , the price outlook for SUI from 2025 to 2030 is bullish. It is expected to reach an average price of $3.80 in 2025, and could climb as high as $5.20. By 2030, SUI could even climb to $11, if the demand and adoption keeps rising.
Often called Japan’s ‘Strategy,’ Metaplanet, on Monday, has issued a fresh $210 million in zero-interest bonds to acquire additional Bitcoin. The announcement comes following a decision by its board of directors to issue the 18th series of ordinary bonds to Evo Fund. The bonds are set to mature on December 12, 2025, with an option for early redemption. “The funds raised are scheduled to be allocated toward the purchase of Bitcoin.” *Metaplanet Issues 210 Million USD in 0% Ordinary Bonds to Purchase Additional $BTC * pic.twitter.com/cglQAFDKUi — Metaplanet Inc. (@Metaplanet_JP) June 16, 2025 Per Bitcoin Treasuries numbers, Metaplanet sits at a total of 8,888 BTC, following its latest addition of 1,088 more Bitcoin. The bonds are exclusively subscribed by the Cayman Islands-based investment firm, Evo Fund. Metaplanet CEO Simon Gerovich posted the recent bond issuance on X, stressing, “All Bitcoin.” $210M. 0% interest. All Bitcoin. 2億1,000万ドル。金利0%。すべてビットコイン。 https://t.co/CYiwmq8zDW — Simon Gerovich (@gerovich) June 16, 2025 The Bitcoin Accumulation Race: Caution Beats Hype The Tokyo-listed Metaplanet, inspired by Michael Saylor-led Strategy’s Bitcoin path, has now become Japan’s most shorted stock by hedge funds. As reported earlier, Metaplanet’s stock surged more than 4,800% over the past year, after its pivot to Bitcoin investment strategy. Metaplanet is now Japan’s most shorted stock, says CEO as Bitcoin bulls warn of a global short squeeze. “Really bad timing to be short,” says Blockstream’s Adam Back. #Bitcoin #Metaplanet https://t.co/aWGJO2iQGi — Cryptonews.com (@cryptonews) May 21, 2025 Seamus Rocca, CEO at Xapo Bank, shared his perspective on the rising corporate Bitcoin allocations recently. In an email to Cryptonews, he said that the increase in corporate treasury allocations to Bitcoin is “significant.” However, “it shouldn’t be about chasing trends or building oversized positions,” Rocca added. “It’s about allocating what a business can afford to hold over a five-to-ten-year horizon, without being forced to sell into volatility.” Further, he said that firms like Strategy and Metaplanet “represent high-conviction outliers,” with bold strategies that align with their unique business plans. “In this space, patience and discipline can be underrated virtues,” he told Cryptonews. “Our view has been, and remains, that Bitcoin deserves serious consideration—but with a disciplined, long-term framework: focus on the asset itself, avoid speculative trading, and size positions responsibly.” Company Adapts Strategy Amid Yen Depreciation Metaplanet’s recent announcement to issue $210 million in 0% ordinary bonds comes at a time when Japan is facing economic challenges, characterized by high debt levels and yen depreciation. As a result, the strategy underscores Metaplanet’s commitment to leveraging Bitcoin’s potential for long-term appreciation. The Japanese Yen kicked off the week on a weaker note. However, the anticipation that the Bank of Japan might push for tighter monetary conditions, along with trade-related uncertainties, lends some support to the safe-haven Japanese Yen. The post Metaplanet Issues Fresh $210M Bonds to Evo Fund, ‘All Bitcoin,’ Says CEO appeared first on Cryptonews .
The post Illegal Crypto Mining Discovered In Russia As Authorities Prepare for New Penalties appeared first on Coinpedia Fintech News On June 11, a KAMAZ truck was discovered in Russia’s Republic of Buryatia operating an illegal cryptocurrency mining . The setup in the truck was connected to a 10 kilovolt power line without permission. This illegal activity comes at a time when the russian officials are preparing to introduce harsher penalties. Discovery of Illegal Crypto Activity– Everything You Need to Know On Wednesday, Russian Inspectors found 95 mining devices and a transformer substation, capable of powering an entire village. While the officials were reaching the scene, two unidentified individuals fled the scene in an SUV without a trace. This illegal crypto operation was found during a line inspection in the Pribaikalsky District, marking the sixth case of electricity theft linked to crypto mining in Buryatia. What Actions Did the Russian authorities take? Russian authorities present at the scene have seized the mining rigs, and the equipment has been confiscated while pursuing legal action against the activity. The authorities are taking important steps to dismantle the illegal mining operations while promoting the legal pathway. An analyst stated – “It will be cheapest to carry out this type of activity within the limits allocated [by law] in 2025 in the Republic of Khakassia. In total, monthly consumption of 6,000 kWh in an apartment with an electric stove will cost 162 thousand rubles per year, and 157 thousand rubles in a house with electric heating.” .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Tornado Cash Developer Says DOJ Is Blocking Fair Trial , Penalty for Illegal Crypto Mining in Russia Russian authorities are preparing new harsh penalties for illegal cryptocurrency mining. It includes fines ranging from 100,000 to 2 million rubles (approx $1,272–$25,456). This penalty fee is applied to solo entrepreneurs, officials, and corporations, while industrial offenders see their mined crypto confiscated by the state. Besides this, Authorities are also targeting crypto payments made outside the Central Bank’s sandbox and imposing a fine up to 1 million rubles ($12,718). Final Thought This illegal crypto in a KAMAZ truck is not the only discovery of the day, as another unauthorized crypto mining operation in an abandoned building in Russia was discovered on the same Wednesday. The illegal farm in the building in Taksimo was connected to a power grid without permission and was operating without a meter. 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The post Can Pi Network Price Hit $100? appeared first on Coinpedia Fintech News The Pi Network price is currently down by over 2%, trading at around $0.61. After hitting a low of $0.55 and a recent high of $0.63, the price has been struggling to maintain the uptrend. This dip is partly linked to broader market weakness, especially after rising geopolitical tensions across the world. At the moment, Pi Coin is still far from its all-time high of around $3, but the project’s network continues to grow, and developers are actively working on updates. Despite heavy withdrawals from the OKX exchange recently, the total Pi supply on exchanges has actually risen by 29 million in the past week, now sitting at 346.4 million Pi. Looking at the charts, the price seems to be forming a possible double top pattern near a resistance zone, raising the question, will Pi break out or face another rejection? The MACD indicator has shown a slight bullish crossover, while trading volume remains steady. Many traders are now wondering if Pi could climb towards the $1 mark soon. But the bigger question is — can it ever reach $50 or even $100 as some predictions suggest? What Could Drive Pi Coin Higher? Analysts believe three major factors will decide Pi’s future: Major Exchange Listings: If big platforms like Binance or Coinbase list Pi, it could spark a massive price rally. Ecosystem Growth: As more apps and services start accepting Pi, demand for the coin would naturally increase. Regulatory Approvals: Clear rules from governments will be crucial. If regulations turn strict, it could slow down Pi’s growth. Price Predictions: What’s Possible? Short-term (next few weeks): If momentum picks up, Pi could revisit $1.50 to $3. Medium-term (by 2025): With strong adoption and exchange listings, it might reach $10 to $50. Long-term (by 2030 and beyond): If Pi successfully builds a solid crypto economy and gains mass adoption, optimistic forecasts suggest prices between $50 to $100. However, if adoption slows or early miners start selling off their holdings, it might remain under $10.
Despite a period of sideways trading, major Ethereum holders, often referred to as “whales” (1,000 to 100,000 ETH), have aggressively accumulated Ether over the past month. While retail investors took profits, these significant entities added a net total of 1.49 million ETH, valued at approximately $3.79 billion, boosting their collective holdings by 3.72%. This accumulation … Continue reading "Ethereum Whales Accumulate as Spot ETF Inflow Streak Ends Amidst Price Stability" The post Ethereum Whales Accumulate as Spot ETF Inflow Streak Ends Amidst Price Stability appeared first on Cryptoknowmics-Crypto News and Media Platform .
Pakistan is leaning into digital finance, and now it has the backing of one of Bitcoin’s most influential champions, Michael Saylor, the executive chairman of Strategy. Saylor reportedly met with top Pakistani officials over the weekend to explore how crypto could help reshape the country’s financial future. The talks, described by officials as a “landmark discussion,” brought Saylor together with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib . The agenda focused on how Bitcoin could be used in sovereign reserves and monetary policy. Meanwhile, Pakistan is accelerating efforts to become a digital asset leader in the Global South. “Pakistan aspires to lead the Global South in the development and adoption of digital assets, setting a benchmark for innovation, regulation, and inclusive growth in the digital economy,” said Aurangzeb, who also chairs the Pakistan Crypto Council. Pakistan Finds an Ally in MicroStrategy’s Michael Saylor Saylor, who heads the world’s largest corporate holder of Bitcoin, welcomed Pakistan’s outreach. In a video posted by a finance ministry official, he praised the country’s clarity and commitment. He noted that “Pakistan has many brilliant people” and the “intellectual leadership” needed to play a key role in global crypto adoption. Bitcoin pioneer Michael Saylor met with Finance Minister Muhammad Aurangzeb & Minister of State for Crypto Bilal Bin Saqib to discuss using #Bitcoin for national reserves & digital transformation. Saylor praised Pakistan’s bold vision: “Emerging markets like Pakistan have a… pic.twitter.com/wMrKWrX9Wn — Hamid Raza Wattoo (@hamidwattoo) June 15, 2025 He called Bitcoin “the strongest asset for long-term national resilience.” Additionally, he showed willingness to advise on Pakistan’s evolving crypto strategy. The meeting comes after a series of bold steps by Islamabad. In March, the government established the Pakistan Crypto Council to create a legal framework for digital assets. Then in April, it introduced the country’s first national crypto policy, designed to align with FATF standards. Soon after, the government created the Pakistan Virtual Assets Regulatory Authority. In addition, it announced a state-backed strategic Bitcoin reserve at the Bitcoin 2025 conference in Las Vegas. With Support from Zhao and Trump Allies, Pakistan’s Crypto Plan Gains Weight Saylor is not the only high-profile figure showing interest. Binance founder Changpeng Zhao was appointed a strategic advisor to the PCC in April. His addition, despite past legal controversies, is seen by officials as a signal of global credibility. Others from US political and financial circles have also entered the picture. Gentry Beach Jr., a close ally of President Donald Trump, visited Islamabad as part of a US delegation helping shape the council’s structure. Meanwhile, Zachary Witkoff, son of Trump associate and Middle East envoy Steve Witkoff, signed a deal in April between his firm, World Liberty Financial, and the PCC. The agreement aims to embed blockchain technology into Pakistan’s financial systems. Additionally, the company is reportedly linked to the Trump family, with Eric, Donald Jr. and Jared Kushner holding a controlling stake. The post Michael Saylor Extends Hand to Pakistan’s Crypto Ambition — Which Other Execs Are Involved? appeared first on Cryptonews .
Bitcoin (BTC), Ethereum and altcoins are negatively affected by the tension between Israel and Iran. While the volatility and uncertainty in prices continue, ten cryptocurrencies attract attention in the market. Cryptocurrency analysis company Santiment said in its latest post that investors are showing great interest in Cardano (ADA), Huma Finance (HUMA), Monero (XMR), Ethereum (ETH), Chainlink (LINK), AAVE, Sushiswap (SUSHI), Avalanche (AVAX), Quant (QNT) and Bitcoin Cash (BCH). While Cardano was trending due to its staking rewards, transaction fees, and $100 million worth of ADA-Bitcoin swap, AAVE was on the agenda with its huge rise. Related News: Cardano Founder Charles Hoskinson Offers $100 Million Bitcoin (BTC) and ADA Swap Proposal! Will ADA Price Drop? “Cardano: Staking rewards are trending due to transaction fees and their role in the Cardano ecosystem. Notable developments include Charles Hoskinson’s proposal to convert $100 million worth of ADA into Bitcoin and stablecoins to revitalize Cardano DeFi and new institutional product launches. Huma Finance : Active community participation and token launch on Telegram are being discussed lightly. Monero: Monero is trending due to its ability to achieve transaction rates comparable to Visa and Layer 2 solutions like grease-xmr to increase transaction capacity. There are also discussions about Monero’s unique blockchain structure, privacy features, and trade-offs between scalability and privacy. Ethereum: ETH is trending in terms of availability and price on various platforms. Ethereum price is frequently discussed. Chainlink: Discussions center on Chainlink’s solid foundation as a decentralized oracle network, its bullish technical indicators, and its potential price growth. The community and analysts expect Chainlink’s adoption and price to increase, cementing its importance in the crypto space. AAVE: Trending due to significant price gain of 180% since April. AAVE is supported by strong investor interest, record-term open interest, and bullish technical indicators. Avalanche: Discussions center around AVAX’s current trading prices, technical analysis including resistance and support levels, moving averages, RSI and MACD indicators. Uptrend expected for 2025 and beyond. Quant: QNT is trending due to its performance, investment potential, and strong community interest. The community expects a big price increase in the future. Bitcoin Cash: BCHi is frequently discussed on social media platforms such as Twitter. Discussions highlight BCH’s price increase, potential breakout signals, and significant trading volumes. BCH is being referred to as the best performing cryptocurrency with a strong recovery and optimistic price targets, attracting the attention of the crypto community. *This is not investment advice. Continue Reading: As Iran-Israel Tension Continues, Investors Talk About These 10 Altcoins the Most!
Bitcoin’s recent dip below $106k signals a bearish short-term outlook amid geopolitical tensions and economic uncertainties. Despite the price correction, on-chain data reveals minimal selling pressure on centralized exchanges, indicating
The post Metaplanet Hits 10,000 BTC Milestone with New $117M Purchase appeared first on Coinpedia Fintech News Metaplanet has made another bold move in the crypto space by purchasing 1,112 Bitcoin worth $117.2 million. This latest addition brings the company’s total Bitcoin holdings to an impressive 10,000 BTC. The strategic accumulation reflects Metaplanet’s growing confidence in Bitcoin as a long-term store of value. As institutional interest continues to rise, this milestone positions Metaplanet among the top corporate holders of Bitcoin, reinforcing its commitment to integrating digital assets into its treasury strategy.
The National Assembly of Vietnam has officially passed the Law on Digital Technology Industry on June 14, marking a major milestone in the country’s approach to digital assets and innovation. Scheduled to take effect on January 1, 2026, the legislation recognizes and regulates crypto assets for the first time in the Southeast Asian nation, reflecting Vietnam’s intent to position itself as a regional digital powerhouse. Under the new law, digital assets will be split into two primary categories: virtual assets and crypto assets. Both categories are defined as relying on encryption or digital technology for their issuance and transfer, but they notably exclude financial instruments such as securities or digital fiat currencies. The government is now responsible for specifying business conditions, regulatory classifications, and mechanisms for oversight. Additionally, the law incorporates international-level cybersecurity and Anti-Money Laundering (AML) standards, an effort to address Vietnam’s continued presence on the Financial Action Task Force’s (FATF) gray list since 2023. Tech Incentives and Education Reform to Drive Innovation Beyond crypto regulations, the law lays the foundation for Vietnam’s ambition to become a leading digital tech hub . It outlines sweeping government incentives for companies operating in artificial intelligence, semiconductor manufacturing, and digital infrastructure. These incentives include tax breaks, land use benefits, and research and development (R&D) support, particularly for firms involved in core technologies like chip design and AI data centers. The legislation also mandates that regional governments support workforce development by offering training subsidies and promoting digital education. Digital technology skills will be woven into national curricula at various education levels to ensure a future-ready workforce. In a statement, the government said, “With this move, Vietnam has become the first country in the world to enact a standalone law specifically dedicated to the digital technology industry.” Vietnam Tightens Grip on Crypto Scams The country’s regulatory push comes amid rising crypto-related fraud. In February 2025, authorities arrested four people running BitMiner, a fake crypto mining platform that scammed over 200 victims out of 4 billion Vietnamese dong (about $157,300). In another major case from December 2024, Hanoi police foiled an elaborate crypto scam tied to a fraudulent token named QFS (Quantum Financial System), which had deceived 100 businesses and 400 individuals, raking in over 30 billion dong ($1.17 million). The post Vietnam Passes Landmark Law to Regulate Digital Assets and Boost Tech Sector appeared first on TheCoinrise.com .