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Technical Analysis

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SUI Defies Token Unlock Pressure, Breaks $4 Barrier With All-Time High in Sight

Published May 09, 2025 | 11:32 AM UTC18 hours ago



By Victor Olanrewaju

Edited by Ryan James



SUI spikes after breaking out of bullish pennant. Key indicators suggest altcoin could retest $5 soon.

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Key Takeaways

SUI’s price doubled in the past week, briefly retesting $4 for the first time since February, despite a recent token unlock

Instead of declining, demand absorbed the supply, pushing SUI to break out of a bullish pennant and hit multi-month highs.

A bullish MACD crossover and strong support from the Supertrend indicator suggest the SUI uptrend could continue.
#TradeOfTheWeek

#Binance's FIU team recently conducted a lecture session at HKUST Business School, one of the most prestigious universities in the world.

The team shared the valuable insights and ignited meaningful discussion on the importance of robust measures in the Web3 industry as well as the practice of how they combat cybercrime alongside global law enforcement.#CryptoComeback $BNB

The recent BNB Chain Super Meetup and MVB Season 9 offsite in Hong Kong brought together builders, community members, and leaders from across the industry, including Binance $BNB Founder CZ, Ethereum’s Vitalik Buterin, Tron’s Justin Sun, and Solana’s Lily Liu, to reflect on the current state of Web3 and what’s next. Other industry leaders joined the gathering with representatives from OKX, Bitget, Hashkey, and others joining. 

Their presence showed that even in a volatile market, building continues. And when we come together, the whole ecosystem benefits.

At the BNB Chain Super Meetup in Hong Kong on April 6, Founder and former Binance CEO, CZ, exchanged views with Tron founder Justin Sun. Here are the key takeaways from the discussion:

Sui price set to soar as funding rate, DeFi assets surge
Sui price is slowly forming a bullish flag and a golden cross, pointing to a strong breakout as its funding rate turns positive and decentralized finance assets jump.
Sui #MarketPullback $6.1%Sui token was trading at $3.40 on Saturday, up by 94% from its highest level in April this year. 
Third-party data shows that Sui has become one of the fastest-growing players in the crypto industry this year. The amount of assets locked in its decentralized exchange network has jumped by 40% in the last 30 days, to $2.45 billion. 
This growth has made it the 9th biggest blockchain in the industry, bigger than popular networks like Avalanche avax-1.26%Avalanche, Polygon (POL), and Cardano. 
Further data shows that Sui’s stablecoin market cap has jumped to $897 million, meaning that it may soon cross the $1 billion milestone. The number of stablecoins in a blockchain network is a positive sign as it shows that users are
SUI
3.3846
+4.6%
actively interacting with it. #USHouseMarketStructureDraft

$BNB #MarketPullback
Binance founder Changpeng Zhao signed a Memorandum of Understanding with Kyrgyzstan’s National Investment Agency to develop the country’s digital asset sector in Bishkek on April 4, 2025. The collaboration involves infrastructure growth, regulatory guidance, and education.

The agreement aims to modernize Kyrgyzstan’s economy, positioning it as a leader in blockchain technology in Central Asia, potentially increasing foreign investment and innovation.

Binance-Kyrgyzstan Partnership: Infrastructure and Economic Impacts

Binance has formalized an agreement with Kyrgyzstan to advance its digital currency and blockchain infrastructure. Changpeng Zhao is pivotal to this partnership, working with the National Investment Agency to bolster Kyrgyzstan’s digital asset industry. According to ChainCatcher, crypto payments via Binance Pay and educational programs will soon be introduced in the country.

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This partnership promotes significant changes in Kyrgyzstan’s finance and technology landscape. It encompasses establishing a cryptocurrency reserve and a management system for digital assets. The alignment with Binance aims to boost Kyrgyzstan’s position in blockchain technology, highlightin$BNB

#USStablecoinBill
Unlocking DeFi's Power: A Comprehensive Handbook to Conquer Decentralized Exchanges and Trading Tools, Empowering Novices to Navigate the World of Decentralized Finance with Confidence.$BTC $SOL #StrategicBTCReserve

#SaylorBTCPurchase
As of 12:23 PM IST, Bitcoin was up 1.9% at $96,704 after hitting a day's high of $97,437. Ethereum gained 1.3% to trade at $1,831. The global crypto market cap rose 1.5% to $3.01 trillion, with altcoins like Litecoin, Dogecoin, and Cardano also posting gains.#DigitalAssetBill $BTC



USD

Page last updated: 2025-05-04 11:39 (UTC+0)

How do you feel about Bitcoin today?#BinanceHODLerSTO #BinanceHODLerSTO $BTC $BNB $XRP

Price of BTC today

The live price of Bitcoin is $95,468.31 per (BTC / USD) with a current market cap of $1,895.99B USD. 24-hour trading volume is $14.81B USD. BTC to USD price is updated in real-time. Bitcoin is -0.65% in the last 24 hours with a circulating supply of 19.86M.

BTC Price History USD

Date ComparisonAmount Change% Change

Today

$-622.85

-0.65%

30 Days

$13,248.34

+16.11%

60 Days

$5,814.43

+6.49%

90 Days

$338.15

+0.36%

BTC Price Information

24h Low & High

Low: $95,338.90

High: $96,533.23

All Time High

$109,114.88

Price Change (1h)

-0.02%

Price Change (24h)

-0.65%

Price Change (7d)

+1.55%

BTC Market Information

Popularity

#1

Market Cap

$1,895.99B

Volume (24hours)

$14.81B

Circulation Supply

19.86M

94.57%

Total Maximum Supply

21.00M

Fully Diluted Market Cap

$2,004.83B

cryptocurrencies climb as investors are hopeful President Trump might hold back on some of his wide-ranging tariff plans following recent comments. Plus, the U.S. Treasury lifts sanctions on crypto mixer Tornado Cash, while affiliates of the crypto super PAC Fairshake try to boost GOP candidates in two Florida races as the party risks a thinning House majority. And, Dante Disparte, Circle’s head of global policy, weighs in on stablecoin bill advancements in the United States.Trump:ILOVE$TRUMP$BTC

$BTC #SECCrypto2.0 $BTC $BTC
With the recent announcement by @saylor of another half a BILLION dollars of BTC purchased, @Strategy now hodl over 500,000 bitcoin!

Along with that companies such as @Metaplanet_JP also continue to accumulate hundreds of millions of dollars!
#
Slowly then suddenly...

Tron Founder Justin Sun Weighs In On TRX Halving Proposal.

Tron founder Justin Sun has waded into the ecosystem's conversation amid a push to explore avenues to enhance the protocol's deflationary status. The Tron ecosystem is pushing a new proposal to

implement a Bitcoin-like halving for TRX.#BinanceAlphaAlert #TRX $BTC

#Peter Schiff Slams Trump's Bitc

Reserve Plant

Peter Schiff isn't holding back-he Strategic Bitcoin Reserve a scamt this politically driven move will m fuel reckless speculation. His wan being manipulated, and traders sh

▼Meanwhile, the TRUMP meme down 33% in a month! Is this a sig fading, or is something bigger bre believes Bitcoin itself is next!

Is he right, or is this just another fight Bitcoin's dominance?f

#Binance $TRUMP

#TRUMP

Long Liquidation Shockwave!
Over $9.92K Wiped Out as DOGE Bulls Get Crushed!

The market just sent a brutal message to overleveraged traders as $9.92K worth of $DOGE long positions were liquidated at $0.20612! This sudden flush has left bulls scrambling, forcing a cascade of sell-offs as the price tumbled.