The Sui price has fallen by 7% in the past 24 hours, with the coin’s drop to $3.86 coming after Sui Network-based DEX Cetus suffered a $220 million hack yesterday. SUI is now down by 1% in a week, but it holds on to a healthy 32% gain in a month and a 250% increase in the past year. And while the Cetus hack is bad news for Sui, validators for the network were able to freeze $162 million in comprised tokens , while Cetus Protocol is offering a $6 million bounty for the return of $56 million in Ethereum (ETH) that remains outstanding. This decisive response to the exploit could end up increasing confidence in the Sui Network over time, with the long-term Sui price prediction remaining largely positive. Sui Just Survived a $220M Attack — Could This Show of Strength Lead to a Surprise Rally? (Sui Price Prediction) The Cetus hack occurred yesterday, when a bad actor exploited a smart contract vulnerability to drain the decentralized exchange of customer tokens worth a total of $220 million. Alert Announcement There was an incident detected on our protocol and our smart contract has been paused temporarily for safety. The team is investigating the incident at the moment. A further investigation statement will be made soon. We are grateful for your patience. — Cetus (@CetusProtocol) May 22, 2025 Cetus followed up its initial warning a few hours later, revealing that validators had frozen the aforementioned $162 million in Sui-based tokens, and that it was conferring with key players in the wider Sui ecosystem on how to recover the rest. While the outstanding Ethereum has not yet returned to its rightful owners, Cetus has identified the ETH wallet which now holds the stolen funds, and is negotiating with the hacker. As such, the exploit could be resolved in a matter of hours, and while it is damaging in itself for Cetus and for Sui, it at least shows how seriously they treat the issue of security. And if we look at SUI’s chart today, we see that the hack hasn’t done too much to derail its recent strong momentum. The coin’s 30-day average (orange) climbed over the 200-day (blue) at the beginning of May, opening a period of strong growth for the token. Source: TradingView The same goes for SUI’s RSI (purple), and because it had been low for several months, the coin should arguably remain elevated for a while longer yet. Of course, this will depend on how quickly the Cetus hack finds a resolution, but if the exchange and the Sui Network can wrap things up in the next few days, the mood should become more positive. And it’s worth remembering that the hack wasn’t of the Sui Network itself, so arguably its position hasn’t changed fundamentally. The SUI price could therefore reach $4 in the next week or so, while it could return to $5 by the middle of summer. High-Upside Altcoin to Watch as ICO Frenzy Heats Up Given the possibility that the Cetus hack may not reach a happy ending quickly, some traders may want to diversify into newer tokens with more short-term upside potential. There’s currently no shortage of promising new alts in the market, and some of these are presale coins, which can often rally hard when they list for the first time. Probably the most bullish presale coin right now is Solaxy (SOLX), a layer-two token that has now raised a humongous $39.6 million in its soon-to-be-ending sale. Introducing: Igniter Protocol We’re excited to officially announce Igniter — Solaxy’s native token launchpad protocol. Igniter gives $SOLX holders the power to create, launch, and bootstrap their own tokens directly on the Solaxy rollup. This is more than a launchpad. It's… pic.twitter.com/DhNIguaPct — SOLAXY (@SOLAXYTOKEN) May 22, 2025 Solaxy is exciting because it’s launching the first layer-two network for Solana, one which will provide Solana users with low fees and fast confirmation times. Not only that, but it will enable instant bridging between itself and Solana, ensuring a seamless connection to the latter’s ecosystem. Excitingly, Solaxy has just announced its own launchpad protocol, Igniter, which SOLX holders can use to issue their own tokens. Through Igniter and similar protocols, Solaxy aims to become a key hub for meme tokens and DeFi. And because you will need to hold SOLX to pay for fees and launch tokens, the new coin could experience massive demand. SOLX’s sale ends in 24 days, but you can still buy it early at Solaxy’s website , where it now costs $0.001732. Given Solaxy’s popularity (e.g. it has 76,000 followers on X ), it could rise well beyond this price once it lists. The post Sui Just Survived a $220M Attack — Could This Show of Strength Lead to a Surprise Rally? (Sui Price Prediction) appeared first on Cryptonews .
The post Will Salamanca (DON) Repeat Shiba Inu’s (SHIB) 68,005% Rally and Become a Top 100 Crypto in 30 Days? appeared first on Coinpedia Fintech News Meme coin traders are watching closely as Salamanca (DON) continues to gain attention. Following its impressive 477% rise in only one month, Salamanca has investors wondering if it might replicate Shiba Inu’s 68,005% rally. However, Salamanca is experiencing significant growth in its community and trading volume and may quickly enter the list of the top 100 crypto assets in the next few weeks to come. SHIB’s Chart Remains Bullish, but New Challengers Emerge Growth in Shiba Inu is drawing the attention of investors as new signals point to an imminent surge. The SHIB/USDT chart started exhibiting a developing bullish inverse head and shoulders pattern recently. Strong buy signals near the neckline and a break above a falling wedge have experts predicting a 60% price surge. The potential areas of resistance are marked at 0.00002466 and 0.00002885, based on the scatter chart drawn using Fibonacci retracement. Source X At the same time, new meme coins such as Salamanca (DON) quickly gained momentum, outpacing traditional altcoins in growth over the last several weeks. Salamanca (DON): The Rising Star Among Memecoins Salamanca (DON) is sharply increasing in popularity among meme coin followers. Built upon the Binance Smart Chain, Salamanca joins crypto culture with the image of the Salamanca family cartel from Breaking Bad and Better Call Saul centered on ambition and dominance. The coin’s value reached its highest point at $0.0085 in April but then settled between $0.002 and $0.004 for the following month. Of late, DON/USDT has been rebounding from $0.0015, setting up a promising upward trajectory. Binance Listing Could Spark 2000% Rally Many analysts are bullish on DON because of the expected listing on Binance since it is the world’s biggest cryptocurrency exchange. Analysts expect the Binance listing to dramatically boost price action, sending DON soaring to new highs and possibly making it one of the top 100 coins. All DON tokens were fully distributed to public buyers at the time of the project’s launch. DON is currently tradable on three major cryptocurrency exchanges like Gate.io, MEXC, and PancakeSwap v2. Trade $DON now on Gate.io: https://www.gate.io/zh/trade/DON_USDT Investor Outlook and Long-Term Potential Projections for Salamanca remain optimistic. The current expectation is for DON to reap a return of around 166% over the coming decade, with anticipated revenues of $0.002058 by 2026 and $0.005307 by 2031. The long-term findings support the conviction that Salamanca is poised for a sustained era of growth. For more information about Salamanca (DON), visit: Website: https://salamanca.club/ Twitter/X: https://x.com/salamanca_token Telegram: https://t.me/salamancatoken
Dogecoin is expanding to Solana, and the move could unlock fresh liquidity and accelerate its market momentum.
Recent data from Arkham Monitor reveals a significant transaction involving the Trump-supported cryptocurrency project WLFI. The leading address for its stablecoin, USD1, has moved a substantial 200 million USD1 to
BitcoinWorld Bitcoin Treasury: Smarter Web Company Makes Strategic BTC Addition In a move highlighting the increasing interest in digital assets among publicly listed companies, UK-based Smarter Web Company has announced a significant boost to its Bitcoin treasury . This decision underscores a growing trend of corporations exploring cryptocurrencies as part of their broader financial strategy. Smarter Web Company Strengthens BTC Holdings Smarter Web Company, a firm listed in the UK, recently shared via its official X (formerly Twitter) account that it has added a substantial amount of Bitcoin to its corporate reserves. The announcement detailed the acquisition of 23.09 BTC. The company reported an average purchase price of $107,424 for this latest tranche. This acquisition significantly increases the company’s overall BTC holdings . Following this addition, Smarter Web Company’s total Bitcoin treasury now stands at 58.71 BTC. This represents a notable accumulation of the leading cryptocurrency on their balance sheet. Why Are Companies Pursuing Corporate Bitcoin Adoption? Smarter Web Company isn’t alone in this strategy. A growing number of corporations worldwide are considering or actively pursuing Corporate Bitcoin adoption . Several factors drive this trend: Inflation Hedge: Many companies view Bitcoin as a potential hedge against inflation, believing its fixed supply makes it a better store of value over the long term compared to traditional fiat currencies, which can be devalued through printing. Balance Sheet Diversification: Adding Bitcoin provides diversification away from purely holding cash or traditional low-yield assets, potentially offering exposure to a high-growth, uncorrelated asset class. Store of Value: Proponents argue Bitcoin serves as a digital gold, a robust store of value in an increasingly digital global economy. Leading Edge & Innovation: For some, holding Bitcoin signals an embrace of technological innovation and forward-thinking financial strategies. Investor Demand: Increasing investor interest in companies with exposure to digital assets can also be a factor. While the average purchase price of $107,424 might seem high compared to historical Bitcoin prices, it reflects the market conditions at the time of acquisition and the company’s conviction in Bitcoin’s long-term value proposition. The Significance of Institutional Bitcoin Investment The move by Smarter Web Company is another data point in the broader narrative of Institutional Bitcoin investment . When publicly traded companies allocate capital to Bitcoin, it lends credibility to the asset class and can encourage further institutional interest. This trend started gaining significant traction with major players like MicroStrategy and Tesla making large Bitcoin purchases. While Smarter Web Company’s holdings are smaller in comparison, each new corporate adoption reinforces the idea that Bitcoin is maturing as an asset suitable for treasury management. However, it’s important to acknowledge the challenges. Holding Bitcoin exposes a company’s balance sheet to significant price volatility. The value of their BTC holdings can fluctuate dramatically, impacting reported earnings and requiring careful accounting and risk management. What Does This Mean for the Future of Corporate Treasuries? The decision by Smarter Web Company to increase its Bitcoin treasury prompts questions about the future of corporate finance. Will more companies follow suit? What are the potential benefits and risks? Potential Benefits: Potential appreciation of treasury assets. Diversification away from traditional risks. Attracting investors interested in digital assets. Potential Challenges: High price volatility. Regulatory uncertainty. Custody and security risks. Accounting and tax complexities. Companies considering Corporate Bitcoin adoption must weigh these factors carefully. It requires a deep understanding of the asset, a long-term perspective, and robust risk management frameworks. Actionable Insight for the Curious For individuals or businesses observing this trend, the key takeaway is that Bitcoin is increasingly being viewed through a strategic lens by sophisticated financial actors. While individual investment decisions differ from corporate treasury management, understanding the drivers behind Institutional Bitcoin investment can provide valuable context for evaluating the asset. The continued accumulation of BTC holdings by companies like Smarter Web Company suggests a belief in Bitcoin’s potential as a long-term store of value, despite its short-term price swings. Conclusion: Corporate Bitcoin Adoption Continues Smarter Web Company’s latest purchase is a clear signal of its commitment to holding Bitcoin as a treasury asset. Adding 23.09 BTC brings their total to 58.71 BTC, reinforcing the growing trend of Corporate Bitcoin adoption . This move highlights the perceived benefits of Bitcoin as a potential inflation hedge and diversification tool, even as companies navigate the inherent volatility and challenges associated with digital assets. As more companies like Smarter Web Company make strategic moves into the space, the landscape of corporate finance continues to evolve, driven by the increasing significance of Institutional Bitcoin investment . To learn more about the latest Bitcoin treasury trends, explore our articles on key developments shaping Bitcoin institutional adoption . This post Bitcoin Treasury: Smarter Web Company Makes Strategic BTC Addition first appeared on BitcoinWorld and is written by Editorial Team
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin dominance resurges as XRP rallies strongly; meanwhile, Unilabs achieves a major milestone in the crypto market. Table of Contents BTC price analysis: Open interest continues Bitcoin dominance Unilabs presale hits jackpot: Crosses $800,000 in stage 2 XRP price rally to $3 at risk? Ripple whales drop holdings Unilabs outperforms Ripple with AI blockchain finance Conclusion According to a senior analyst, BTC has reclaimed its VIP status after closing near its ATH and resuming the ‘Bitcoin dominance’ over other crypto projects. However, the surging XRP price rally hints that Ripple could show a decent debut this cycle. Meanwhile, Unilabs (UNIL) surprises token holders with a marvelous move, raising $800,000 in 2 weeks of going live. You might also like: New AI-DeFi hits crypto scene; is it a compelling alternative to XRP, Dogecoin? BTC price analysis: Open interest continues Bitcoin dominance Bitcoin (BTC) price has stabilized above $109,000 today, which is just a few inches away from its all-time high of $109,588 from January 20. BTC’s Open Interest (OI) has surged to a new record high of $75.14 billion, maintaining the Bitcoin dominance over other crypto networks. According to Coinglass, the futures’ OI in BTC has reached a new ATH of $75.14 today. Historically, when open interest reached a record high, BTC price generally soared to a new all-time high, as seen in previous bullish cycles. This bullish outlook is because an increasing OI represents Bitcoin dominance and additional money entering the market and new buying, which could fuel BTC to break its ATH of $109,588. The Relative Strength Index (RSI) on the daily chart reads 69, hovering around its overbought level of 70, indicating signs of bullish exhaustion. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines are coiling together, suggesting indecisiveness among traders. The current technical factors suggest continued Bitcoin dominance in Q3 of this year. Unilabs presale hits jackpot: Crosses $800,000 in stage 2 While Bitcoin dominance leads secondary crypto projects in the trillion-dollar crypto market, Unilabs is turning heads with its next-generation DeFi asset management system. This investment protocol presents a sophisticated, technology-driven platform designed to address the typical complexities of the crypto market. Unilabs incorporates advanced AI with the transparent and secure architecture of blockchain finance to democratize access to institutional-grade investment analytics and portfolio management tools. The platform enables retail and institutional investors to maintain an edge over the DeFi ecosystem with enhanced accuracy and confidence. XRP price rally to $3 at risk? Ripple whales drop holdings The recent XRP price analysis showed it’s facing growing downside risks. As of today, Ripple (XRP) is trading at $2.33 amid suppressed price action in the last three days. The broad sideways trading reflects range consolidation in the broader cryptocurrency market, even as Bitcoin (BTC) closes in on all-time highs. As the XRP price broadly consolidates above the short-term support at $2.28, attention is shifting to the XRP Ledger, which is facing declining network activity. The Daily Active Addresses metric in the Ripple chart below shows newly created addresses on the protocol at approximately 33,400, representing a 95% drop from the first quarter peak of roughly 612,000. This sharp decline coincided with the drop in the XRP price from its first-quarter peak of $3.40 to $1.61 amid the tariff-triggered crash on April 7. While the Ripple price recovered, reaching $2.65 on May 12 before sliding to the current market rate of $2.33, engagement remains low based on the diminished number of unique addresses joining the Ripple network. Unilabs outperforms Ripple with AI blockchain finance Unilabs’ fast-growing DeFi network is alerting most Ripple holders as its successful presale debut makes headlines. So far, the platform has raised over $850,000 within two weeks of the presale announcement and sold over 160 million UNIL tokens priced at $0.005 right now. With the current momentum, Unilabs’ presale is poised to complete before the estimated time. As a reward-centric project, Unilabs incorporates a blockchain-based profit-sharing model to distribute the share of gains automatically. Its robust DeFi asset manager pours capital positions, staking yields, and arbitrage wins into one profit pool. Also, the platform is built on the highest security standards to ensure transactions are secure and transparent on the blockchain. Conclusion With the Bitcoin dominance continuation and the XRP price holding a strong position among Ripple investors, Unilabs is well-equipped to shift the spotlight from other networks to its AI-powered DeFi asset management system with over $30.8 million in AUM. To learn more about Unilabs, visit the official website , and Telegram. Read more: DOGE breaking out of bullish pennant; New AI coin aims to overthrow Cardano as king of DeFi Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Ether’s price is trending upward, signaling potential gains as network activity surges and a classic bullish chart pattern emerges. With Ethereum’s recent price movements and rising transaction counts, analysts believe
Bitcoin and most altcoins pulled back on Friday, erasing some of the gains they made earlier this week. Bitcoin ( BTC ) dropped to $107,300, down by 4.12% from its highest point this week. Similarly, Ethereum ( ETH ) fell by over 8% from its weekly high, while the market cap of all cryptocurrencies, excluding Bitcoin, fell from this week’s high of $1.28 trillion to $1.19 trillion. The ongoing crypto crash coincided with the sell-off in the stock market. Futures tied to the Dow Jones, S&P 500, and Nasdaq 100 fell by over 1%, continuing a sell-off that has been going on since Monday. You might also like: XRP price stalls as Polymarket traders bet it will hit ATH in 2025 Bitcoin and altcoins fell amid trade concerns Bitcoin, altcoins, and the stock market retreated as trade concerns resumed. In a TruthSocial post , President Donald Trump said that trade talks with the European Union were going nowhere, and warned that the US will apply a 50% tariff on all goods from the region. The statement meant an escalation at a time when market participants have been hoping for a deal between the two allies. Europe has hinted that it will respond by hiking tariffs on US goods, including Boeing jets. In a statement this week, Ryanair’s CEO warned it would consider cancelling a $33 billion order from Boeing and switching to Airbus if Boeing planes were hit with tariffs. Ryanair is Boeing’s biggest customer. These trade concerns are coming a week after Moody’s sent shockwaves in the financial market by downgrading the US credit rating . It also came as the House of Representatives voted for the Big Beautiful Bill that will increase US debt by over $3.8 trillion in a decade. Is this the end of the crypto bull run? This is not the end of the crypto market bull run for three main reasons. First, the 50% tariff on European goods is a negotiating tactic as Trump did with China. After pushing tariffs on Chinese goods to 145%, he pared them back to 30% earlier this month. Second, Bitcoin has become a safe haven asset . Most recently, it outperformed the stock market after the Liberation Day tariffs. Spot Bitcoin ETFs have added over $8 billion in inflows since April. Bitcoin’s appeal as a safe-haven asset is mostly because of its demand and supply metrics. Demand from institutions continues to rise as supply on exchanges and over-the-counter venues continues to fall. Also, Bitcoin has proven itself as a worthy asset in the last 16 years as it jumped from near zero to $111,900 this week. Third, these pullbacks in Bitcoin and altcoins are normal. Just recently, Bitcoin fell from $109,300 in January to $75,000 in April and then bounced back to a record high. In 2024, it peaked at $73,340 in March, fell to $49,390 in August, and rebounded to a record high in November. You might also like: HYPE price eyes $47 as rare pattern forms, Hyperliquid volume surges
As of May 23rd, recent reports indicate that the **Russian Bitcoin mining sector** is experiencing unprecedented growth, positioning itself at the forefront of the global market. Currently, Russia holds the
The top 220 holders of US President Donald Trump’s memecoin met yesterday at the president’s golf course in Virginia for an exclusive dinner and purported meet-and-greet. Attendees spent a grand total of $148 million for an “ultra-exclusive VIP reception with the president,” which crypto industry advocates and critics alike saw as a potential opportunity to discuss crypto policy with the president. The crowd contained a number of foreign crypto executives and influencers who otherwise would not have access to the US president, raising questions around corruption and foreign influence. Concerns were further augmented when White House Press Secretary Karoline Leavitt declined to release a list of attendees, stating that the event was a private affair outside of Trump’s presidential duties. However, some attendees spoke to the press or took to social media to talk about the dinner. Here are just a few: Justin Sun Tron founder Justin Sun was the largest TRUMP tokenholder at the gala, which was reportedly enough to earn him a special watch, presented in a special ceremony. Sun was awarded a watch in a ceremony at the event. Source: Justin Sun Sun’s presence at the event was particularly controversial. Last year, he faced a lawsuit brought by the US Securities and Exchange Commission over the alleged “orchestration of the unregistered offer and sale, manipulative trading, and unlawful touting of crypto asset securities.” The SEC asked for a reprieve in late February, just over a month since Trump’s inauguration and the subsequent 180 in federal agencies’ approach toward regulating crypto. Outside the crypto dinner, Sun posted on May 21 that he would be spending a week in Washington, DC to have “meaningful conversations that will help shape the next chapter of blockchain’s future” in the United States. Kain Warwick Kain Warwick, founder of crypto exchange operator iFinex, told The New York Times on May 12 that he was attending the event after stocking up on enough TRUMP to break the top 25 investors on the leaderboard. Warwick said he wanted to have a shot at meeting the president, or someone on his team, to talk crypto — specifically decentralized finance (DeFi), which is getting less attention in the current crop of crypto bills circulating the US Congress. “If you assume Trump and 10 people within the Trump team are there, now you’ve got a one in 15 shot of having a conversation with one of them,” he said. Vincent Liu Vincent Liu, chief investment officer of crypto trading, VC and market-making firm Kronos Research, attended the event, posting pictures of the menu and Trump’s brief speech. A photo of the menu at Donald Trump’s memecoin dinner. Source: Vincent Liu Liu wrote, “Simply by holding the Trump token, individuals have an unprecedented opportunity to meet the President of the United States.” He had previously told Cointelegraph , “The decision to acquire the [TRUMP] token was not political. It was based on identifying early momentum, cultural relevance and potential market catalysts.” Related: US lawmaker introduces anti-corruption bill ahead of Trump's dinner His firm stated that “alpha” — i.e., exclusive or difficult-to-obtain information that could move markets — was “on the menu.” Lamar Odom Also in attendance was two-time National Basketball Association champion Lamar Odom. While many other crypto entrepreneurs in the audience were focused on policy, Odom used news of his attendance to plug his own memecoin, ODOM. Lamar Odom writing an X post while attending Trump’s memecoin dinner. Source: Lamar Odom Odom launched his memecoin less than a week before the dinner on May 14. The anti-addiction-themed memecoin (Odom had a public battle with substance addiction) is issued on the Solana blockchain. The coin itself had a 20% “Trump Dinner Program” staking scheme, where TRUMP holders could stake their coins with Odom’s project, ostensibly to enable him to attend the dinner event, and receive ODOM airdrops in return. Odom himself will hold 5% of all ODOM. Sangrok Oh CEO of Seoul- and Tokyo-based cryptocurrency management firm Hyperithm, Sangrok Oh was the 13th-largest TRUMP holder with a wallet containing over $3 million worth of the token, according to the Straits Times. Oh told The New York Times that he had arrived with a batch of red “Make Crypto Great Again” hats to give away at the dinner and expected to speak directly with the president. “It’s kind of a fund-raiser [...] And he’ll always be good to his sponsors.” Oh has been critical of the slow regulatory progress for crypto in the countries where his company operates. Anonymous attendees In addition to crypto execs and sports stars, the event also noted a few anonymous or pseudonymous crypto traders and entrepreneurs in attendance. Among them was “Ice,” co-founder of the Singaporean crypto company MemeCore. Their company’s chief business development officer, Cherry Hsu, told Sherwood News that Trump’s rise “represents the power of memes to influence culture, perception, and movements — principles that align with MemeCore’s vision of a decentralized, community-driven future.” “Ogle,” a cybersecurity adviser to Trump’s own World Liberty Financial crypto enterprise, as well as the pseudonymous co-founder of blockchain ecosystem Glue, also attended. Ogle said they were going out of curiosity, more than anything, and did not endorse Trump personally. “I’m hoping it’ll be fun — and hoping they’ll serve McDonald’s.” Another anonymous attendee was “Cryptoo Bear,” a crypto trader and occasional news reporter who posts primarily in Japanese. Cryptoo Bear made no political statements about the event, mainly posting about the swag and the food. They did say they were promised a photo op with the president, but it didn’t pan out. Source: Cryptoo Bear Dinner “guests” across the picket line Outside the country club, US senators and former staffers attended the event as part of a protest. Bloomberg reported that protestors shouted “Shame!” and “I hope you choke on your dinner!” at attendees. Critics of the event widely consider it to be a glaring example of corruption in Washington and within the Trump administration. Senator Jeff Merkley, a Democrat from Oregon, joined the protest. “The spirit of the Constitution was that no one elected would be selling influence to anyone,” he said , “because it’s to be government by and for the people.” Ken Papaj, a former Treasury Department official, said, “Every time there’s a transaction, he gets a transaction fee? Just unconscionable what he’s doing.” The dinner comes at a pivotal time for the crypto industry in the US, where the industry is pushing hard for Congress to pass friendly regulations. Trump’s ties may complicate matters, however, as lawmakers have introduced anti-corruption bills targeting crypto and politicians . Senate Democrats are also taking aim at the stablecoin-focused GENIUS Act , introducing a slew of amendments addressing Trump’s crypto businesses. Magazine: AI cures blindness, ‘good’ propaganda bots, OpenAI doomsday bunker: AI Eye