Sui (SUI) is making a strong technical case for a 100% price rally in the coming weeks, helped further by a slew of optimistic updates, such as the recent Nasdaq ETF filing with the US Securities and Exchange Commission (SEC).Gooner EMA support raises 40% SUI bounce potential As of May 28, SUI has reclaimed the “Gooner EMA” as support on the weekly chart.SUI/USDT weekly price chart. Source: NebraskanGooner/TradingViewGooner EMA is a technical indicator created by trader NebraskanGooner that uses the 11- and 22-period exponential moving averages (EMA). When the price crosses above the EMA range, it often leads to further gains. When the price closes below the EMA range, it tends to follow deeper losses. SUI lost this support, roughly between $3.34 and $3.59, last week after a $200 million exploit hit Cetus, a decentralized exchange built on the Sui blockchain.Related: Sui validators vote on $162M Cetus recovery plan to restore user fundsNow that SUI has reclaimed the zone, bullish sentiment is returning, according to NebraskanGooner.He wrote:“As long as it can hold Gooner EMA support, it can retest ATHs. Depending on market conditions — it even has a chance for a new ATH.”SUI’s current record high is around $5.36, roughly 40% above the current prices. Fibonacci retracement levels and SUI’s prevailing ascending channel setup project $7.56 as the new record-high target, up over 100% from the current levels.SUI/USD daily price chart. Source: TradingViewNasdaq files for SUI ETFNebraskanGooner’s bullish outlook for SUI appears almost a week after Nasdaq’s SUI ETF application with the US Securities and Exchange Commission (SEC). 21Shares already offers a Sui exchange-traded product (ETP) in Europe, listed on both Euronext Paris and Euronext Amsterdam. Since its launch in July last year, SUI’s price has surged by over 350%.SUI/USDT three-day price chart. Source: TradingViewThese listings have also helped boost total assets under management (AUM) in SUI-based ETPs to $317.2 million, according to a May 26 report from CoinShares. Between May 16 and May 24 alone, SUI products attracted $2.9 million in inflows, ranking just behind Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP) in terms of net assets.The regulatory approval for Nasdaq’s SUI ETF remains uncertain, akin to most crypto ETF applications.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Toncoin rallies after former Visa executive joins TON Foundation, triggering a surge in volume and renewed market optimism.
Elon Musk’s artificial intelligence company xAI has partnered with Telegram to integrate its AI chatbot Grok across the messaging platform, according to Telegram CEO Pavel Durov.Telegram and xAI have agreed to a one-year partnership to distribute Grok to a billion Telegram users and integrate it into its apps, Durov announced on X on May 28.As part of the agreement, Telegram will receive $300 million in cash and equity from Musk’s AI company, in addition to 50% of revenue from xAI subscriptions sold via Telegram, the CEO noted.“Together, we win,” Durov said in the statement on X.Grok integration begins with TelegramAccording to a promo video accompanying Durov’s announcement, the partnership is expected to bring a wide rollout of Grok features within the messenger.Accessible via the search bar on Telegram, Grok will offer threaded chats, smart text editing, chat summaries, document digests, inbox agents, group chat moderation and more.Source: Pavel DurovNeither xAI nor Grok had confirmed the partnership independently at the time of publication.Related: Durov blocked from attending Oslo Freedom Forum — Human Rights FoundationSome commentators have speculated that Musk would soon create his own Telegram channel following the partnership.Toncoin spikes over 20% on a series of Telegram newsThe news comes amid a series of Telegram-related news being published on May 28, including BlackRock’s reported participation in the messenger’s $1.5 billion bond sale, and ex-Visa crypto executive Nikola Plecas joining the TON Foundation as its new vice president of payments.Telegram works closely with the TON Foundation, picking Toncoin (TON) as the messenger’s only accepted cryptocurrency for app services in January.Toncoin (TON) 24-hour price chart. Source: CoinGeckoToncoin has rallied on the news, seeing a 20% spike within a few hours. According to data from CoinGecko, TON is trading at $3.6 and is currently the 19th largest cryptocurrency with a market capitalization of $8.9 billion.Magazine: AI cures blindness, ‘good’ propaganda bots, OpenAI doomsday bunker: AI Eye
The integration of tokenized TradFi assets on Solana could significantly enhance DeFi's appeal, bridging traditional finance with blockchain.
The post Blockchain oracle RedStone brings tokenized TradFi assets to Solana in partnership with Securitize appeared first on Crypto Briefing.
Metalayer Ventures, a crypto-focused venture capital firm led by former executives from Chainlink and Two Sigma, has launched a $25 million fund to invest in early-stage blockchain projects with a focus on stablecoins, tokenization and cryptocurrency infrastructure. Metalayer’s fund has already backed seven companies, the company disclosed to Cointelegraph on May 28. These include AnchorZero, a platform helping crypto founders use Roth IRAs for tax advantages, and Spark Capital, a new venture focused on stablecoin infrastructure.Other portfolio companies include Ethena, ClearToken, Crossover Markets, Station70 and Theo — an onchain trading infrastructure project that recently raised $20 million from 17 different VC firms.The company plans to eventually back up to 30 companies with early-stage rounds ranging from $500,000 to $1 million.Metalayer was co-founded by Chainlink Labs’ former head of growth, Mickey Graham, and former Two Sigma executives Andy Kangpan and David Winton.Winton developed a proprietary data platform called Moirai to help Metalayer analyze developer activity, protocol engagement and blockchain transaction patterns to uncover promising projects. “Moirai is our internal sourcing engine for identifying early-stage crypto startups,” Graham told Cointelegraph in a written statement. “The platform is designed to help us systematically surface high-quality startups, and it evaluates opportunities across several key dimensions,” he said.Related: VC Roundup: 8-figure funding deals suggest crypto bull market far from overCrypto VC deals on the rise, but there’s a catchCrypto venture capital activity saw a notable uptick in the first quarter, with increases in both total funding and deal volume, according to data from Galaxy Digital. VC funding reached $4.9 billion during the quarter, though nearly half came from a single deal — Binance, which raised $2 billion from MGX, an investment firm backed by a United Arab Emirates sovereign wealth fund.Despite the outsized impact of the Binance deal, overall market activity showed signs of improving. A total of 446 crypto funding deals were recorded in Q1, marking a 7% increase from the previous quarter.Crypto VC deals remain considerably lower than the peak of the previous bull market. Source: GalaxyNevertheless, venture capital investors remain cautious about making fresh commitments to the sector, according to Robert Lee, a senior analyst at PitchBook. The first quarter was a challenging market environment as a sharp correction in crypto prices compounded investor reluctance.In an interview with Bloomberg last month, Lee noted that many venture capital firms are still on the sidelines. “[M]any of the funds from the last cycle have yet to deliver meaningful DPI,” he said, referring to the private equity metric Distributed to Paid-In Capital, which measures how much capital has been returned to investors relative to what they invested.Metalayer’s Mickey Graham believes that at least some of this drop-off is due to a much-needed transition happening beneath the surface:“We believe the crypto industry has crossed the chasm from an early market defined by infrastructure-building to a mainstream technology sector characterized by the deployment of blockchain technology throughout the global economy.”Although VC activity remains subdued compared to past bull cycles, Kadan Stadelmann, the chief technology officer of the Komodo Platform, told Cointelegraph that the industry has seen an “uptick in mergers and acquisitions, suggesting market maturation.”Stadelmann indicated that pro-crypto regulations in the United States and European Union, “have given large institutions confidence to continue making investments into crypto firms.”At a geographic level, the US accounted for more than a third of total crypto VC deals in 2024 — a trend expected to continue this year. Source: Galaxy DigitalMagazine: The secret of pitching to male VCs: Female crypto founders blast off
Key Highlights: VIRTUAL has gained 89.89% in May, currently trading at $2.39 with MCap of $1.56B Futures Open Interest surged from $35M in April to $239M by May 9; now at $299M. Daily trading volume hit $2.14B on May 9, currently at $1.38B. Momentum remains strong. Trend is bullish, but traders should watch for signs …
BlackRock, an existing backer of Circle having invested in its $400 million Series F, manages the majority of USDC's backing assets.
Bitcoin is trading near $108,914.72 (check live), and the excitement is building. Fundstrat’s Tom Lee has made a bold prediction – he believes Bitcoin is heading toward $150,000 in this market cycle. Lee says Bitcoin is about to enter a “banana zone” – a phase of rapid price growth that could reshape the crypto market …
The TON Foundation is making strategic strides to position The Open Network as a major force in global crypto payments. With the appointment of Nikola Plecas, a former Visa executive, as VP of Payments, TON aims to scale its infrastructure to meet the demands of Telegram’s massive billion-user base. Nikola’s experience in crypto product development …
Ripple has called on the US Securities and Exchange Commission (SEC) to establish clearer standards for determining when a digital asset no longer qualifies as part of an investment contract. The company submitted a detailed letter to the SEC’s Crypto Assets and Cyber Unit on May 27, expanding on a question raised by Commissioner Hester […]
The post Ripple challenges SEC’s decentralization focus, proposes network maturity standard appeared first on CryptoSlate.
Strategy, formerly known as (MicroStrategy), the biggest corporate holder of Bitcoin has been long known for buying huge amounts of BTC, leading the way for other companies to join the Bitcoin wave. But in the past few weeks, things have slowed down for Strategy. Why is this happening? Is Strategy starting to lose money? Let’s …
Soon after the latest pullback, the Bitcoin price has been tightly consolidating within a range after facing rejection from the highs. However, the pullback appears to be yet another higher low, which keeps up the possibility of a breakout. In the past few days, institutions have been aggressively accumulating Bitcoin, while others have been raising …
Stablecoins are one of the fastest-growing sectors in crypto and an increasingly popular tool for global payments, attracting interest from venture capital investments.
Jetking has added 5.98 BTC to its holdings for $617,143 at an average price of $110,975 per Bitcoin. This brings its total Bitcoin stash to 21 BTC, acquired for approximately $1.59 million at an average of $75,081 per BTC. As of May 28, 2025, Jetking has achieved a strong year-to-date Bitcoin yield of 31.05%, reflecting …
The MIND of Pepe ($MIND) agent is live, the presale has blown past the $10.8M mark, and there’s only three days left to get in on one of the hottest projects around. The original Pepe ($PEPE) fought for a place among the upper ranks of meme coins, consistently among the top three meme assets by market cap. But evolution is a requirement to stay relevant in crypto, and with the AI wave gaining strength, $PEPE’s due for an upgrade. Enter MIND of Pepe. It’s what Pepe wished it could be but didn’t have the power to become. MIND of Pepe ($MIND) is destined to become an AI-powered trading assistant designed to detect and highlight opportunities in any market climate. Early project investors saw the potential immediately. A memecoin market analyst with the mind of the meme coin itself? With AI, it’s possible. Now, after nearly $11M raised, the MIND agent is live on X, and the presale has mere hours left. $MIND is bound for an exchange near you very soon. Investor anticipation continues to build; with broader access and public trading, where will $MIND go from here? With $MIND tokens priced at $0.0037515, this is the final opportunity to buy in before it lists. MIND Is the Smarter Upgrade for Pepe Pepe is up well over one million percent since launch, transforming ordinary investors into millionaires and more. The token has gone on to inspire imitators and become a mainstay of the meme coin sector, a market segment worth $69B. But unlike many meme coins, which vanish as fast as they appear, $PEPE has shown unusual resilience. To keep that resilience, it needs to develop further. That’s where MIND of Pepe comes in. It isn’t a simple spin-off, but a reinvention of its predecessor’s spirit, enhanced with functionality, narrative depth, and utility. Here’s where MIND’s insight begins to bear fruit. Now that it’s live on X, MIND can analyze, learn, and grow, bringing memecoin alpha for the masses. And you know what that means. MIND Over Markets Will Win the Day AI agent coins haven’t had the breakthrough moment investors have been looking for – yet. MIND could change everything. At long last, there’s an agent that’s instantly recognizable and has clear advantages. The upcoming MIND terminal will give investors access to MIND’s insights in real-time. No more weekly summaries that deliver alpha a day late and a dollar short. MIND of Pepe’s insights border on precognition. It’s mind-over-market, and there’s no stopping this train. That special insight could power $MIND to new heights. Our MIND of Pepe price prediction shows the token could reach 0.0098 by the end of 2025. That’s up a whopping 161% from its final presale levels. To get in now, check out our guide on how to buy MIND of Pepe. Did $PEPE Pave the Way for Even Bigger $MIND Gains? $PEPE famously returned 512x to investors who purchased at its low post-launch. But like all pure meme coins, $PEPE is at the mercy of the markets, prone to volatility and uncertainty. $MIND has the utility that can set it apart and push it past its predecessor’s peaks, with enough community support. But don’t delay; only 72 hours remain in the presale. Act now to get in on the ground floor of a revolutionary project. If you missed $PEPE, don’t miss $MIND. To join, visit the MIND of Pepe website, connect your wallet (we recommend Best Wallet for the smoothest experience), and purchase using $ETH, $USDT, or even a bank card. Once acquired, tokens can be staked immediately for up to a 216% dynamic APY. Stay connected on Telegram and X. And remember, do your own research before investing in crypto. Presales are especially volatile, and market ups and downs are normal. Never invest more than you can afford to lose.
Key Highlights 263 million PI tokens will unlock in June, with 233 million in July and 132 million in August. Technical indicators remain bearish, with BBTrend at -34.26 and MACD signaling a downside. Price hovers near $0.7411 support; unlock pressure and exchange inflows raise risks. Sentiment remains mixed: Even though some small investors are still …
Large SHIB holders pull back sharply as liquidity shrinks, but analysts say ecosystem growth and long-term token burn plans may offer upside potential.
Aave (AAVE) was also among the underperformers, declining 1.8% from Tuesday.
The malware spread like a worm and spawned malicious containers after infecting fresh devices.
Pi Coin is at a crossroads. After a huge rally, the price dipped and now it’s stuck below key resistance. The new trading pairs has left the community buzzing. With fresh momentum building, Pi could either break out or drop and traders are on edge waiting for the next move. It is currently consolidating around …
Telegram, the popular messaging app, is planning to raise $1.5 billion by selling bonds, a way for companies to borrow money from investors, as per the Wall Street Journal report. Big names like BlackRock, Citadel, and Mubadala are interested in buying these bonds. The bonds will last for five years and offer a 9% return …
Investigations have been ongoing since ACX Exchange collapsed in 2019.
As Bitcoin (BTC) continues to capture investor enthusiasm, recently reaching a new all-time high of nearly $112,000, crypto analyst Cyclop has shared intriguing forecasts regarding the cryptocurrency’s future performance. Will Bitcoin Break Its All-Time Highs Again In a post on social media platform X (formerly Twitter), Cyclop projected that Bitcoin’s next peak is expected between November and December 2025, with the bull market concluding around February to March 2026. Additionally, he anticipates an altcoin rally during the summer and fall of 2025. Related Reading: Here’s Why Hyperliquid Hit New ATH At $39 And Why It Could Continue Cyclop elaborated on the cyclical nature of cryptocurrency markets, noting that while many investors are excited, only a small percentage typically profit. The analyst attributed this discrepancy to what he calls “crowd manipulation,” where the majority of investors often misinterpret market signals, believing it’s either too late or too early to invest. The Impact Of Halving Events To provide clarity on market cycles, Cyclop referenced historical data, highlighting previous Bitcoin cycle highs: $1,242 in November 2013, $19,891 in December 2017, and $69,000 in November 2021. The analyst pointed out that in both the 2017 and 2021 bull markets, peaks occurred exactly 29 months before Bitcoin’s Halving events, a pattern that repeats with remarkable consistency. Moreover, he analyzed the duration and severity of bear markets, noting that the downturns in 2018 and 2022 lasted exactly 12 months, with retracements of 84% and 77%, respectively. These similarities suggest that while each cycle may exhibit minor variations, the overarching patterns remain largely unchanged. Related Reading: Crypto Analyst Predicts XRP Price Could Shoot To $12 Soon Cyclop also observed that Bitcoin has historically broken its all-time highs seven to eight months following halving events, a trend that continued in the latest cycle. Despite numerous changes in the cryptocurrency landscape, such as increasing mass adoption and evolving macroeconomic conditions, the expected bull run for this cycle appears to be extending slightly longer than its predecessors, with the peak anticipated in late 2025. At the time of writing, BTC is trading at $108,600, marking a modest 3% decline from its all-time high of $111,800, which was reached last week. Year-to-date, the market’s leading cryptocurrency has gained 56%, trailing only XRP, which has gained 337% in the same period. Since Thursday’s peak, BTC retraced to the $106,700 mark, but it has since attempted to consolidate between $108,500 and $109,000, potentially moving toward new highs. However, the $110,000 level could act as a new resistance wall for the Bitcoin price, as many traders see an opportunity to short the asset, expecting further pullbacks that will allow them to liquidate late long positions. It remains to be seen how BTC’s price will perform in the coming days, as this new stage of price discovery could introduce volatility for market investors and perhaps allow altcoins to flourish. Featured image from DALL-E, chart from TradingView.com
GameStop has taken a bold step into the crypto space, confirming that it has purchased 4,710 Bitcoin, according to a May 28 statement. According to Bitcoin Treasuries data, this move places GameStop among the top 13 public companies holding Bitcoin, surpassing other entrants like Semler Scientific. Google Finance data shows the company’s stock climbed roughly […]
The post GameStop propelled into top 15 Bitcoin holders, with 4,710 BTC purchase appeared first on CryptoSlate.
Key takeaways:XRP’s falling wedge pattern signals a bullish reversal; 48% price surge potential.SEC’s review of WisdomTree’s XRP ETF may spark investor interest as approval odds jump to 84% on Polymarket. XRP price is forming a falling wedge pattern on the daily chart, a technical chart formation associated with strong bullish momentum following an upward breakout. Could this technical setup, coupled with the SEC’s review of a spot XRP ETF application by WisdomTree, signal the start of a rally to $3.40 and higher?XRP falling wedge pattern targets $3.40From a technical perspective, XRP (XRP) price could gain significant momentum if it breaks out of this falling wedge pattern.In technical analysis, a falling wedge is a bullish reversal chart pattern that comprises two converging trend lines that connect lower highs and lower lows. This convergence indicates a weakening downward momentum. XRP price is currently retesting the resistance provided by the upper trendline of the wedge at $2.42. A break above this level will likely trigger a quick rise in price, with the bulls seeing the technical target of the wedge at $3.40, a 48% increase from current prices.XRP/USD daily chart. Source: Cointelegraph/TradingViewThe relative strength index (RSI) has climbed to 47 from 31 on April 8, indicating that bullish momentum is building up.However, to sustain the ongoing recovery, XRP’s price has to first hold the support at $2.20 and then overcome the resistance between $2.60 and $2.80.Several analysts are optimistic about a rebound higher, with pseudonymous trader Cryptowzrd saying that a validation of a falling wedge could see XRP break out toward $2.90.“$XRP closed indecisively and is still maintaining a falling wedge formation,” the trader wrote in a May 28 post on X, adding: “A breakout of this wedge will push markets toward the $2.80 resistance. Above that resistance, we will eventually get to a new all-time high.”XRP/USD daily chart. Source: CryptowzrdAs Cointelegraph reported, XRP price must first break the key $2.48 resistance level to clear the path toward higher highs.Spot XRP ETFs coming?The US Securities and Exchange Commission (SEC) has officially started reviewing the spot exchange-traded fund (ETF) application by the WisdomTree XRP Trust, which may provide investors with exposure to XRP. ???? NEW: The SEC is officially reviewing WisdomTree’s proposed spot $XRP ETF, and is now accepting public comments. pic.twitter.com/3B4UwJ6n4s— Cointelegraph (@Cointelegraph) May 28, 2025The notice published by the SEC on May 27 initiates a 21-day public comment period and a 240-day review timeline, reflecting a structured evaluation of investor protection and market manipulation risks. The product would track the price of XRP through the CME CF Ripple-Dollar Reference Rate, giving investors indirect exposure without needing to hold the asset directly.The betting odds for an XRP ETF approval by Dec. 31 now stand at 84% on Polymarket. Over the past month, the probability of approval has swung by 21% in favor of the YES side, from around 63% on April 22.XRP ETF approval odds on Polymarket. Source: PolymarketBloomberg senior ETF analysts predicted an 85% chance of spot XRP ETF approval after the change in leadership at the SEC.Approval of these funds could unlock institutional capital, amplifying demand for XRP and potentially driving prices toward $3-$8. Some analysts predict XRP price to go as high as $50 if major players like BlackRock step in.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Telegram will also receive 50% of revenue from xAI subscriptions sold via the app.
GameStop, the US video game and consumer electronics retailer, has confirmed its first Bitcoin investment, acquiring 4,710 Bitcoin, according to a statement posted May 28 on the company’s X account.The company did not specify how much it paid for the Bitcoin (BTC) or when the purchases were made. The amount purchased was worth around $513 million at the time of writing.The announcement is GameStop's first publicly acknowledged Bitcoin purchase since the company disclosed plans to move into Bitcoin investment in March.At the time, GameStop said it would fund the Bitcoin purchase through debt financing and launched a $1.3 billion convertible notes offering.Source: GameStopThe news comes after months of speculation that GameStop was exploring alternative assets, including cryptocurrencies.GameStop (GME) stock shares have climbed amid the speculation, jumping 12% in March. February rumors helped fuel an 18% spike in GME stock prices.According to TradingView, GameStop shares closed at $35 on May 27 and were trading at $36.30 in the pre-market at the time of publication. The stock is up around 30% in the past 30 days, with year-to-date gains of about 10%.Cointelegraph contacted GameStop for comment regarding its Bitcoin purchase but did not receive a response by the time of publication.This is a developing story, and further information will be added as it becomes available.Magazine: Bitcoin vs. the quantum computer threat: Timeline and solutions (2025–2035)
GameStop has officially entered the Bitcoin game with a splash, acquiring 4,710 BTC in its first-ever crypto purchase. The announcement, made via the company’s official X account on May 28, positions the gaming retailer as one of the more prominent public holders of Bitcoin, joining the ranks of MicroStrategy and Tesla. With Bitcoin trading around …
Circle Ventures, Sound Ventures, Commerce Ventures and DCG also participated in the round geared towards fueling expansion.
Telegram is looking to raise $1.5 billion, including from existing backers like BlackRock and Abu Dhabi’s investment firm Mubadala.