Why did Sui price soar 40% today?

This Mother’s Day, bitcoin was trading around $81,700, a figure that would have seemed impossible when it sat at $8 on the same holiday in 2011, making this the second-highest Mother’s Day price in bitcoin’s 15-year history. A Mother’s Day Gift That Kept Compounding Every second Sunday in May offers a unique lens through which […]

Morgan Stanley’s spot bitcoin ETF has completed its first month without a single day of net outflows, even as larger rival funds posted repeated redemption sessions during the same period. SoSoValue data reviewed by crypto.news showed Morgan Stanley’s MSBT continued…

Adeniyi Abiodun, co-founder of Mysten Labs, announced at an event in Miami plans for zero-fee stablecoin transfers on Sui and reiterated the ambition to add private transactions.

Bitcoin's surge highlights its evolving role as a macroeconomic asset, potentially attracting more institutional interest amid favorable conditions. The post Bitcoin briefly surpasses $82K amid macroeconomic shifts; SUI up 25% appeared first on Crypto Briefing.

Bitcoin price started a fresh increase and cleared the $81,500 zone. BTC is consolidating and might aim for more gains above the $82,450 level. Bitcoin managed to stay above $79,200 and started a fresh increase. The price is trading above $80,750 and the 100 hourly simple moving average. There is a bullish trend line forming with support at $80,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays above the $80,800 and $80,000 levels. Bitcoin Price Turns Positive Bitcoin price found support near $79,200 and started a fresh increase. BTC gained pace for a move above the $79,750 and $80,200 resistance levels. The bulls even pushed the price above $82,000. A high was formed at $82,436, and the price started a consolidation phase. There was a minor decline toward the 23.6% Fib retracement level of the upward move from the $79,168 swing low to the $82,436 high. Bitcoin is now trading above $80,750 and the 100 hourly simple moving averag

The post Sui (SUI) Surges 24% To Lead Major Cryptocurrency Gains appeared on BitcoinEthereumNews.com. Sui (SUI) has emerged as the top-performing major cryptocurrency over the past 24 hours, recording a sharp 24% price increase. According to data from CoinMarketCap, SUI is currently trading at $1.33, marking a 24.69% gain. The rally has drawn attention from traders and analysts, positioning SUI as a standout asset in a broader market that has seen mixed movements. What Drove the SUI Rally? The sudden surge in SUI’s price comes amid a period of relative stability in the wider cryptocurrency market. While no single catalyst has been officially confirmed, the move appears to be driven by a combination of increased trading volume and positive sentiment surrounding the Sui network’s recent ecosystem developments. The token’s 24-hour trading volume has spiked significantly, suggesting strong buying pressure from both retail and institutional participants. Market observers note that SUI has b

The post Dogecoin Volumes Drop 50% as Price Faces Key Test at $0.10 appeared on BitcoinEthereumNews.com. Dogecoin’s trading volume has declined in a quiet trading session following the weekend. In the last 24 hours, Dogecoin volume was down nearly 50% to $669 million according to CoinMarketCap data. Crypto markets often see a “quiet” weekend, marked by lower trading volumes and liquidity which can result in slower price action and volatility from fewer trades. Volume can be lower than on weekdays, creating a thinner market. At the time of writing, Dogecoin was down 0.48% in the last 24 hours to $0.108, a level most analysts are watching closely. Ripple’s ‘North Star’ XRP Doubles ETF Inflows Amid Tokenization Breakthrough; SHIB Decouples From Dogecoin; Bitcoin Eyes $94,500 as ‘Sell in May’ Trigger: Bollinger Bands – Morning Crypto Report Avalanche Founder Warns of Bitcoin (BTC) Crisis Dogecoin price faces a key test at this level after an earlier rise to $0.117 on May 6. Before the rise

The post LINK Price Today Slips Slightly as Traders Track Breakout Setup appeared on BitcoinEthereumNews.com. Chainlink’s price today has been trading above $10, with investors awaiting to see if LINK is able to continue its recent rally from BTC. In addition to the recent move in Bitcoin’s price, fresh analyst charts indicated that LINK was testing major resistance areas with market strength from LINK/BTC. According to data from BraveNewCoin, the price of Chainlink is $10.32, down 0.91% in the past 24 hours. But observers have been looking to see if LINK can continue to push higher than the $10.50 level and move from accumulation to a more prominent breakout period. LINK BTC Candle Shows Strength The trend of strength is indicated by the LINK BTC Candle. In a statement, LINK/BTC formed a strong weekly candle, which was an indication of strength within the crypto market, not just Bitcoin. The chart he drew indicated that LINK/BTC had been in a long downtrend but was now pressing higher