Author: Isabella Taylor
Sui rose over 19% on May 8, climbing from $3.33 to $3.92 in 24 hours, following a brief decline the day prior. The move came with a sharp rise in trading volume, signaling increased market activity. On May 7, SUI (SUI) had dropped slightly by 0.41%, but bounced back with momentum as technical indicators shifted, according to crypto.news data. This jump comes as Bitcoin surpassed $100,000 for the first time since February, rebounding sharply from its April crash. Bitcoin has surged 33% in recent weeks alongside a broader market recovery following Trump’s surprise tariff announcements. A “golden crossover” between short-…
Markets were flashing green on Thursday as trade tensions eased following confirmation of a trade agreement between Washington and London. The Dow Jones Industrial Average gained 254 points, or 0.62%, while the S&P 500 lagged slightly with a 0.58% gain. The Nasdaq outperformed, climbing 1.07%. Shares of Alphabet also rose after the company released a report stating its search traffic remains strong, despite earlier claims from an Apple executive that Safari search usage is declining due to rising AI adoption. Bitcoin (BTC) traded above the $100,000 mark for the first time since early February. Trade deal ‘in the coming weeks’…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI is winning over investors with its AI-powered blockchain vision despite the crypto market’s high volatility. The cryptocurrency market has been going through a turbulent period, with significant downturns and many investors feeling the pressure. Amid this uncertainty, one project has managed to shine through — Lightchain AI. While the broader market struggles, Lightchain AI has retained strong investor trust thanks to its clear vision and forward-thinking approach. Having raised over $19.6 million in its ongoing presale, Lightchain…
The U.S. Senate voted Thursday against advancing the GENIUS Act, a key bill that would regulate stablecoins, marking a setback for the crypto industry’s push for regulatory clarity. The procedural cloture vote failed 48-49, falling short of the 60 votes needed to begin formal debate. Despite months of bipartisan negotiations and a previous win in the Senate Banking Committee, late opposition from Senate Democrats derailed momentum. Lawmakers cited concerns over insufficient safeguards against illicit finance and foreign stablecoin issuers, while several Democrats pointed to President Donald Trump’s crypto affiliations — including his memecoin and fundraising dinners — as complicating the…
HyperLiquid has flipped a major resistance level into support at $20, signaling strong bullish momentum. If this level holds, a 41% move toward $29 could be on the horizon. After a series of consistent higher lows and higher highs, Hyperliquid (HYPE) has reclaimed a major technical level: the $20 resistance. This breakout confirms that bulls are in control, with price action positioned above a previously significant ceiling. If this newly established support holds, it could fuel a substantial continuation of the current uptrend. Key technical points: Major Resistance Flip: The $20 level, previously a strong resistance, has now flipped into…
The Decentralized AI Society and CETI AI are joining forces on an initiative that will see DAIS run a masternode of Hypercycle, the artificial intelligence infrastructure platform focused on developing nodes that power the internet of AI. In an announcement, DAIS stated the partnership will involve running Hypercycle’s newly launched Advanced Node Factory Enclosures. This development will allow DAIS to contribute to the buildout of key Internet of AI infrastructure, with the ANFE seeding an endowment for the Society. The partnership comes as Hypercycle joins DAIS as a member. The collaboration was unveiled at the Bermuda Digital Finance Forum, an…
Ethereum has surged past the critical $2,000 psychological and technical level after an explosive move from $1,800 support. This breakout could mark the beginning of a major rally toward $2,820, a 40% upside potential if momentum holds. After weeks of range-bound consolidation, Ethereum (ETH) has finally broken through the highly contested $2,000 resistance. This level has acted as a psychological ceiling for several months, and reclaiming it marks a significant shift in short-term market structure. The move was triggered by a strong reaction at the $1,800 support zone, and now all eyes are on the next major resistance level at…
The EOS token rallied for a second consecutive day, hitting its highest level since April 5 as investors reacted to the upcoming full rebrand to Vaulta. The surge also came alongside a sharp rise in volume processed by its decentralized exchange protocols. EOS (EOS) rose to a high of $0.850, up 95% from its April lows, pushing its market cap to $1.3 billion. The rally occurred in a high-volume environment, with daily trading volume jumping by 67% to $428 million. EOS jumped after the developers announced that the full rebrand to Vaulta will happen on May 14. The ticker symbol…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. BTC nears $100K after April surge, while Remittix shines with $14.7m presale, eyeing XRP’s spot. It seemed like Bitcoin (BTC) was on its way to reclaiming $100,000 in early May, especially after the April bull run that drove the Bitcoin price from around $76K to $98K. However, a market correction has caused the BTC price to drop to around $99K despite the surge in institutional purchases. Pi Network (PI) has also moved similarly, falling to around $0.63 after a…
Stocks climbed on Thursday, May 8 as investors reacted to President Donald Trump’s announcement that the United States had reached a major trade deal with the United Kingdom. As the announcement bolstered investor sentiment, the major U.S. indices jumped, with futures higher after Asian and European markets gained. The S&P 500 opened 0.6% up, while the Dow Jones Industrial Average gained by more than 200 points. Nasdaq climbed 0.8%, opening higher as stocks looked to extend the previous session’s upside. Bitcoin (BTC) also rose above $99k as cryptocurrencies traded higher alongside other risk assets. U.S. stocks had edged higher on…