💰Strategy's purchases will continue. Michael Saylor announ | TopCryptoNews on Binance Square

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💰Strategy's purchases will continue.
Michael Saylor announced new $BTC purchases worth $2.1 billion.
The company continues to increase its plan to raise money for BTC purchases 📈
The company currently has 576,230 BTC on its balance sheet.
#BTC #Bitcoin  

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Altcoin Developers Make a Statement Regarding Today’s $224 Million Hack Incident Cetus, one of the leading decentralized exchange platforms in the Sui ecosystem, was shaken by a major cyberattack. Approximately $224 million in assets were seized by the attackers. However, according to the official statement from Sui developers, $160 million of the funds were frozen and recovered and will be returned to Cetus liquidity providers (LPs). The funds stolen in the Cetus attack are currently distributed across four different addresses on the Sui and Ethereum networks. The distribution is as follows: 🔺 SUI: $92.24 million 🔺 Sui ecosystem tokens: $70.25 million 🔺 ETH: $61.74 million Sui officials and the ecosystem's core development team shared details about the incident at an X (Twitter) Space event they organized. According to the statements: 🔺 Attackers stole approximately $220 million in funds using a vulnerability in the Cetus Protocol. 🔺 Of this amount, $160 million has been frozen and the refund process will begin shortly. 🔺 The Cetus team and Sui developers are working together to recover the remaining $60 million. 🔺 The Sui network was technically unaffected by the attack and remained secure. 🔺 Cetus Protocol closed the breach, restarted trading, and brought the platform back online. 🔺 Sui officials also argued that this incident was based solely on a vulnerability in Cetus, not the Sui network. #SUI #Suinetwork

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🍕 Bitcoin Hits $111,888 on Pizza Day ! Bitcoin hits an all-time high at $111,888 as ETF inflows surge and analysts set sights on a $150K target. On Bitcoin Pizza Day, BTC registered a new peak near $112K. As the uptrend gains momentum, Bitcoin is eyeing a potential surge toward the $117,000 mark. 🔸 Bitcoin Price Analysis On the daily chart, Bitcoin’s uptrend continues with a series of bullish flag pattern breakouts. The initial flag pattern was breached in early May following a consolidation in late April. This led to a 9% rally to the $106,000 supply zone, followed by minor consolidation over the past week. On Wednesday, a 2.65% surge in Bitcoin marked a bullish breakout from the second consecutive flag pattern, setting a new all-time high. The bullish trend has now produced a third consecutive bullish candle, with an intraday rise of 1.19%. As the uptrend persists, the RSI line has entered the overbought zone, reflecting strong bullish momentum. Additionally, the 50-, 100-, and 200-day EMA lines continue trending upward, indicating increased bullish sentiment. These technical indicators suggest a potential continuation of the uptrend. According to Fibonacci levels, the breakout above the 100% level at $106,184 opens the door to significant upside potential. The 1.272 Fibonacci extension at $120,452 is the next immediate resistance. However, the flag pattern breakout suggests a more conservative target of $117,000. On the downside, the supply zone near $106K serves as immediate support. 🔸 Bitcoin Open Interest Hits New ATH, Nears $100 Billion With Bitcoin reaching a new all-time high, the derivatives market has seen a notable increase in bullish sentiment. According to Coinglass, the OI-weighted funding rate has peaked at 0.0181%, signaling heightened bullish trading activity. The rise in the funding rate is helping maintain the Bitcoin futures price in line with the spot price. Alongside this, open interest has surged nearly 18%, reaching $81.34 billion. #BinancePizza #BTC

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⭐️ Investors Bet Millions on Bitcoin Price Following Record High Prediction markets users are wagering millions of dollars on if and when Bitcoin will smash its latest price record, a few hours after the token crested $109,000 on Wednesday to reach an all-time high for the world's oldest cryptocurrency. According to a Polymarket contract with $19 million in trading volume, Bitcoin has a 93% chance of hitting $110,000 by the end of May, while the odds it climbs to $115,000 or even $125,000 sit at 49% and 8%, respectively. Bettors assessed the token’s likelihood of hitting $150,000 or $200,000 at roughly 1%, the same data shows. US-based Kalshi users also gambled on Bitcoin’s future price action, pouring roughly $3.5 million into a contract on the token’s year-end price. That betting pool shows Bitcoin has a more than 70% chance of hitting $125,000 by the end of 2025. The cryptocurrency’s odds of rising above $150,000 or $160,000, however, were much slimmer, resting at 37% and 31%, respectively. Meanwhile, crypto-native trading platform Myriad Markets shows there is a 21.4% chance that Bitcoin will rise above $115,000 by the end of May 25. The market went live on Wednesday, a few hours after Bitcoin reached its latest high. The rash of wagers on Bitcoin’s price action came as the asset smashed its previous price record ahead of U.S. President Donald Trump’s dinner for investors in his meme coin, Official Trump. The dinner, which is scheduled for Thursday, aims to bring out more than 200 $TRUMP holders, who spent between $53,400 and $16.4 million for their seats, CBS MoneyWatch reported. The attendees include Chinese billionaire Justin Sun, who bills himself as the token’s largest holder, as well as foreign investors from Australia and Singapore, among other countries. Other invitees’ identities remain a mystery to the public, but they are largely believed to be mostly foreign nationals—a sticking point for the dinner's detractors. #BTC #Bitcoin

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💥 Cardano Price Set for 77.68% Breakout As Bitcoin Nears ATH Cardano price is set for a rally that could see a 77.68% breakout on the heels of its cross-chain update which aims to unlock smart contracts and DeFi on Bitcoin. Moreover, the price action also comes on the background of Bitcoin’s recent performance, where the leading asset is only 2% away from its previous all-time high. 🔸 Ascending Channel Suggests Cardano Price is Heading for a Rally Cardano price experienced a significant downturn, declining approximately 56.54% from its March 3 peak of $1.176 to a low of $0.5111. This correction signaled a bearish trend that persisted over several weeks. Only recently did Cardano’s price action start showing signs of recovery after flipping the $0.5111 level into support and rallying to a local high of $0.8650 where it faced rejection. While the price has since undergone a slight correction to $0.75655, an ascending channel has formed that suggests renewed bullish momentum. Moreover, the $0.6432 price zone which had previously acted as a barrier is now a key support level. This shift in price momentum suggests accumulation, though a confirmation will require a decisive move past $0.86510. Should Cardano price clear that resistance, it opens the door for a continued rally toward its previous high of $1.3275, last reached in December 2024, a move that represents a 77.68% upside. 🔸 Cardano’s Biggest News in 2025 is the Bitcoin Integration Cardano founder Charles Hoskinson announced Cardano’s integration with Bitcoin, a milestone that ushers a new era for cross-chain decentralized finance (DeFi). The integration will reinforce Cardano’s position in the DeFi space by attracting more liquidity sources and paving the way for seamless interoperability between the two layer 1 blockchains. “You can now use Bitcoin with Lace. Welcome home Bitcoin,” Hoskinson stated on X where he referenced the Cardano wallet, Lace. #ADA #Cardano

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📊 Ethereum Price Surges 60%, Driving $3.4 Billion $ETH Accumulation in 30 Days Ethereum has experienced a remarkable surge in price, up 60% over the past month, reaching $2,543. This rally is largely driven by significant accumulation by investors, totaling 1.34 million ETH worth over $3.42 billion. Despite the growth, some critical investors are beginning to exit, aiming to secure their profits before potential risks arise. 🔸 #Ethereum Investors Gobble Up Supply Ethereum’s balance on exchanges has dropped by 1.34 million ETH in the past month (April 21 to May 21), marking a significant shift in market conditions. This supply reduction is valued at over $3.42 billion and is largely due to the Pectra upgrade, which has boosted investor confidence in Ethereum’s long-term growth. The drop in exchange supply reflects a growing belief that Ethereum could continue its upward trajectory. This rush to acquire Ethereum has created a FOMO (fear of missing out) effect, contributing to the price rise. However, the macro momentum surrounding Ethereum is mixed, with long-term holders (LTHs) exhibiting behavior that suggests caution. The Age Consumed metric has spiked twice this week, indicating that significant portions of ETH are being sold by LTHs to lock in profits. This is the largest wave of selling in the past seven months, which suggests that these holders believe Ethereum may have reached its market top. The sell-off by LTHs is drawing attention to potential risks that could affect Ethereum’s future performance. 🔸 #ETH Price Rallies Ethereum price is currently trading at $2,543, marking a 60% rally over the past month. However, the price faces resistance at the $2,654 mark. Breaching this resistance is crucial for Ethereum to continue its rise. The price will likely surge beyond this level if Bitcoin forms a new all-time high (ATH), as Ethereum has a strong correlation with Bitcoin. This move could push Ethereum closer to $3,000, further solidifying its bullish outlook.

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