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Sui Blockchain Fast-Tracks Whitelist Function After Messy CETUS DEX Hack
Sui blockchain rolled out a Whitelist function after the CETUS DEX hack, likely for fund recovery.
This Sui Whitelist lets certain transactions bypass security, sparking a big decentralization debate.
While it may help “rescue” stolen funds, critics point to Sui’s increased network control capability.
The Sui blockchain, native home to the recently hacked CETUS decentralized exchange (DEX), has urgently rolled out a new “Whitelist” function.
Users and analysts suspect this move is directly tied to preventing future exploits and, more immediately, aimed at getting targeted funds back from the CETUS incident.
Sui’s New Whitelist To Bypass Security Checks, Enable “Restore Module”
According to reports, Sui’s new Whitelist feature will allow specified transactions to skip standard security checks. It would also enable a “restore module” (system bottom-level privilege) and add the upgraded transaction to the Whitelist. This move may be in preparation for the subsequent return of hacker funds to the liquidity pools (LPs) affected by the CETUS hack.
A Sui community member studying the newly launched Whitelist highlighted his observations on how Sui p…
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Binance Prevails in $11.9B BSV Lawsuit as UK Court Rules Investors Lack Claim to Crypto Earnings
Binance and other exchanges win partial dismissal of $11.9B BSV lawsuit.
The court says investors can’t claim damages for missed profit opportunities.
The verdict may shape future legal cases in crypto delistings.
The UK Court of Appeal has delivered a decisive ruling in favor of Binance and several crypto exchanges. It partially dismissed a $11.9 billion lawsuit over the delisting of Bitcoin SV (BSV). The judgment on May 21 found that investors could not claim damages for hypothetical profits they might have earned had the token remained listed.
Background: Six Years of Legal Dispute
The case stemmed from the coordinated 2019 decision by Binance, Kraken, ShapeShift, and Bittylicious to delist BSV, a Bitcoin fork associated with entrepreneur Craig Wright. Investors behind the lawsuit argued that the delistings unfairly prevented BSV from gaining value and deprived them of potential returns.
Related: BSV and XRP Supporter Argue Over Altcoins’ Superiority
The plaintiffs alleged that the exchanges acted anti-competitively, and that BSV’s price would have increased significantly if it had remained accessible on major trading platforms.
Court: In…
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Shiba Inu (SHIB) Bucks Market Slump With Unexpected Show Of Price Strength
SHIB maintains steady support near $0.00001520 despite declining trading volume.
Technicals show moderate bullish momentum but lack strong breakout confirmation.
Liquidations reveal cautious optimism with traders favoring upside but booking profits.
Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, has recently surprised traders with a solid price performance. Despite broader market hesitation, SHIB has carved out a modest upward trend. The price reached $0.00001545, marking a 1.45% daily gain, a move that ran counter to the expectations of many investors who had been bracing for a further retracement.
The coin’s ability to hold support and resist breakdowns suggests growing confidence among holders. Still, questions linger about how long this resilience can last, especially amid mixed technical indicators and fading trading volume.
SHIB Price Action: Holding Support After Modest Gains, Resistance Ahead
SHIB’s price moved within a daily range of $0.00001531 to $0.00001600. Early trading saw minor dips, with a brief bottom forming near $0.00001520. This area served as a strong support level that later fueled a short-term rally. The peak reache…
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Bitcoin Sinks Below $109K After Trump Pushes 50% EU Tariff
Trump’s 50% tariff proposal caused Bitcoin to drop from $109K to $107,367 within minutes before rebounding to $109,348.
The BTC 4H RSI dropped to 48.63, signaling weakening momentum and rising bearish pressure.
Markets now await the EU’s response as the June 1 tariff deadline approaches, raising fears of broader economic fallout.
On May 23, 2025, U.S. President Donald Trump posted on X, demanding a 50% tariff on European Union goods. He claimed EU trade policies had unfairly harmed U.S. companies. Trump cited corporate penalties, monetary manipulation, and lawsuits as key reasons. He added that talks were “going nowhere.”
Trump proposed the tariff would take effect June 1, 2025. He said goods manufactured in the U.S. would be exempt. The tweet caused instant reactions across financial markets, including cryptocurrency.
Bitcoin Drops After Policy Warning
Minutes after Trump’s tweet, Bitcoin (BTCUSD) dropped sharply to $107,367 on Bitstamp. However, it quickly rebounded, climbing to $109,348 at the time of writing. The 4-hour chart shows a brief red candle followed by a strong recovery. This move came with increased trading volume, now at 470 BT…
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Trump Declares US “Dominating” in Bitcoin and Crypto Ahead of Meme Coin Dinner
President Donald Trump vows to keep the U.S. leading in Bitcoin and crypto innovation.
Trump hosts $TRUMP coin holders, signaling deep support for the crypto industry.
Pro-crypto policies and VIP dinners show Trump’s cryptocurrency-friendly agenda.
President Donald Trump has stated that the United States is “dominating” in Bitcoin and crypto in general. He also vowed to maintain this leadership position during his administration. Trump made the statement on Truth Social ahead of hosting a private dinner for top holders of his $TRUMP meme coin at his Virginia golf course.
The statement reinforces his position as a pro-crypto president. He also promised to ease federal regulations on altcoins, marking a sharp contrast to the regulatory approaches taken by the previous administrations.
Source: Truth Social
Private Dinner Shows Crypto Commitment
The Truth Social post preceded Trump’s hosting of the top 220 holders of his $TRUMP meme coin at Trump National Golf Club in Sterling, Virginia. These attendees collectively spent $394 million purchasing the presidential token, according to blockchain analytics firm Nansen.
“What a nice bunch,” Trump told his…
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New “Buy-The-Dip” Signal Emerges On Bitcoin’s Chart, Boosts Bullish Momentum
Bitcoin (BTC) hits new ATH this week, showing strong bullish sentiment
Cryptoquant reports BTC reclaimed its Short-Term Holder Average Cost Basis, a key “buy-the-dip” sign
Analysts now see Bitcoin’s old ATH around $109K as fresh support, expecting this new rally phase to run
Bitcoin achieved a new milestone this week by reaching a new all-time high. The cryptocurrency’s latest upsurge boosted its renewed bullish sentiment and has opened a new frontier that could push the crypto’s price towards much higher prices.
Data from the onchain data analysis provider, Cryptoquant, shows that Bitcoin is rallying after reclaiming the Short-Term Holder Average Cost basis. According to Cryptoquant, the cryptocurrency’s current level is crucial and represents a significant buy-the-dip indicator during bull markets.
Short-Term Holder Realized Price as an Inflection Point
Bitcoin is rallying after reclaiming the Short-Term Holder Average Cost basis — a key level that often serves as a strong buy-the-dip indicator during bull markets.
Set this alert https://t.co/PX6mjYIoST pic.twitter.com/5CvlJ4rxhE
— CryptoQuant.com (@cryptoquant_com) May 23, 2025
Cryptoquant: Bi…
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Senator Lummis: Time To Ditch Outdated US Payment Infrastructure For Stablecoins
Senator Cynthia Lummis champions digital assets, especially stablecoins, for modernizing US payment infrastructure.
The GENIUS Act for stablecoin regulation advances in U.S. Senate, aiming for clarity and innovation.
Wyoming, Lummis’s state, is launching its own stablecoin (WYST) by July, partnering with LayerZero.
Senator Cynthia Lummis of Wyoming has placed the outdated US payment infrastructure in the spotlight, framing the rise of digital assets as a national priority. According to Lummis, current financial rails–many built in the 1970s and 1980s–have become inefficient and expensive, especially for small businesses and international transactions.
She has argued that digital assets, particularly stablecoins, offer a faster, cheaper, and more accessible alternative, capable of operating 24/7 and completing transactions in seconds. Lummis’ position has gained renewed momentum with the Senate’s advancement of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act.
Stablecoins aren’t the future, they’re the present. Digital assets can facilitate payments 365 days of the year, without the extra costs.
The GENIUS Act is…
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Can Trump Fire Powell? Supreme Court Just Gave the Answer
Supreme Court ruling effectively states President Donald Trump cannot dismiss Fed Chair Jerome Powell politically.
The Court affirmed the Federal Reserve’s unique structure shields it from Trump’s expanded removal powers.
This decision on the Trump-Powell dynamic calms market fears over Fed independence and Powell’s tenure.
The U.S. Supreme Court on Thursday reassured financial markets and central bankers alike by signaling that the Federal Reserve remains immune to politically motivated personnel changes — even as it granted President Donald Trump broader authority to remove other federal officials.
The ruling involving the recent dismissal of two federal labor board members by Trump, the Supreme Court upheld the firings but included a crucial line in its opinion that separated the Federal Reserve from other government agencies. The Court described the Fed as a “uniquely structured, quasi-private entity that follows in the distinct historical tradition of the First and Second Banks.”
Related: US House Passes President Trump’s Big Beautiful Tax and Spending Bill
That brief yet important statement helped calm growing concerns that Trump might att…
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Crypto, Corruption, and the Presidency: Inside Trump’s $TRUMP Token Gala
Donald Trump’s TRUMP token dinner for top buyers sparks controversy over political influence peddling.
Chainalysis reveals most TRUMP token holders lost money, though some wallets reportedly made millions.
Despite ethical concerns, TRUMP token shows bullish technicals with an ascending triangle price breakout.
US President Donald J. Trump-linked meme coin, the Official Trump (TRUMP) token, is now being promoted not merely as a digital asset but, for some, as a perceived “golden ticket” into the inner sanctum of political influence.
The opulent dinner hosted by Trump for influential entrepreneurs and top buyers of the TRUMP token has intensified this perception, making the token a lightning rod for controversy, widespread speculation, and significant ethical alarm bells.
Inside Trump’s $TRUMP Token Gala: Access and Opulence
On May 22nd, Trump hosted an opulent, black-tie-optional dinner at his Virginia golf club for the top 220 buyers of the TRUMP token. The event, complete with filet mignon, halibut, and an array of Trump-branded memorabilia, wasn’t a standard campaign fundraiser. Observers suggest it was something far more direct: a clear monetiza…
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What Does the CETUS Hack Mean for DeFi Security on SUI?
Hackers drained over $220 million from CETUS DEX, a key SUI-based platform.
$160 million in stolen funds has been frozen and is set for recovery.
The hack has raised serious questions about DeFi security and SUI decentralization
Hackers exploited CETUS, a top decentralized exchange on the SUI blockchain, draining over $220 million in assets. The breach on May 22 triggered a sharp 40% drop in the CETUS token. With $160 million frozen and recovery underway, the breach is now a flashpoint for ongoing debates around DeFi security on SUI.
The attack on CETUS DEX began when a hacker withdrew liquidity from its pool, exploiting a vulnerability in the platform’s smart contract. The breach led to a sharp price plunge, as CETUS fell from a daily high of $0.24563 to about $0.17174, impacting CETUS holders.
Related: SUI/Cetus Hack Update: $160 Million Of Over $220 Million Stolen Crypto Is Now Frozen
Data from TradingView shows CETUS had gained approximately 16% earlier that day before crashing post-exploit. The sudden reversal spurred fears among traders and DeFi users, particularly those engaged in liquidity farming on the platform.
CETUS DEX Hit: Hacker Drai…
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Solana (SOL) shows strong bullish momentum, eyeing a breakout past $250 towards $400-$500, says CryptoJelleNL.
SOL’s technical indicators like MACD and RSI (at 66.65) support a continued rally for the asset.
Coincodex analysts also predict bullish outcome for Solana, targeting $372-$385 by end of 2025.
Solana (SOL) has once again captured the attention of traders and analysts, showcasing strong bullish momentum as it eyes a significant breakout. As of press time priced at $183, reflecting steady growth with an increase of over 6% in the last week alone. This rally signals renewed investor confidence in the high-performance blockchain after a recent period of market volatility.
More importantly, a combination of technical patterns and market behavior suggests that SOL may be preparing for a breakout that could propel it into much higher price territory.
Crypto analyst CryptoJelleNL believes that once SOL clears the $250 mark, the path toward $400–$500 becomes increasingly likely. This optimism stems not only from the chart setup but also from broader market dynamics favoring resilient digital assets.
It's a good thing I still own a bunch of $SOL.
Onc…
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Injective ($INJ) Price Prediction for May 24: Bulls Push Above Key Fib Zone as $15 Eyed
After a powerful breakout from the $12.45 resistance zone, the Injective price today is trading around $14.60, registering an intraday gain of over 3.7%. This surge marks a strong continuation from last week’s bullish reversal, with momentum firmly on the side of the bulls as INJ clears major technical barriers and reclaims a key Fibonacci level.
INJUSD price dynamics (Source: TradingView)
While the current rally reflects renewed investor interest, the short-term outlook hinges on whether bulls can maintain control above this breakout threshold or if volatility will trigger a consolidation before any attempt at $15. The market structure now shows a continuation pattern, supported by a series of higher highs and higher lows, confirming a short-term trend reversal.
What’s Happening With Injective’s Price?
INJUSD price dynamics (Source: TradingView)
The Injective price action over the last 48 hours confirms a textbook breakout from the descending wedge seen on the daily chart. The move came with solid volume expansion, pushing price above the 0.236 Fib retracement level near $12.44 and slicing through $13.50 with ease. Price is now consolidating just under …
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Institutional Demand, Bullish Options Market Signal Bitcoin’s Structurally Strong Rally To New ATH
Bitcoin (BTC) hits new all-time high (ATH) over $111,500 after a swift V-shaped price recovery.
Easing import tariff tensions and $329M in spot Bitcoin ETF inflows fueled BTC’s recent surge.
Institutional interest and bullish options market activity support Bitcoin’s structurally strong rally.
Bitcoin (BTC) charged to a new all-time high (ATH), breaking above $111,500 during Asian trading hours earlier today. This impressive climb marked a sudden and sharp rebound for the leading cryptocurrency after it initially dipped along with other risk assets. Bitcoin first hit around $109,600 when U.S. equity markets opened but then saw a brief downturn following news of a weak $16 billion 20-year U.S. Treasury auction.
Despite that momentary pullback, Bitcoin mounted a swift V-shaped price recovery. Analysts are describing this current upward move as a “structurally stronger rally,” driven by growing institutional investor interest and positive shifts in the regulatory shifts.
Bitcoin’s V-Shaped Recovery to New ATH Signals Market Strength
Market analysts are linking Bitcoin’s recent robust rebound to a couple of key developments: easing tensions in internation…
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PI Coin Price Prediction for May 24: Breakdown Threatens as Bulls Struggle to Hold $0.78
After climbing above $0.85 last week, the Pi coin price is now showing signs of weakness. The sharp rejection from the $0.87 area has pulled the token back below critical moving averages, with bears pushing a breakdown below $0.80. The short-term structure now tilts toward further weakness unless bulls reclaim key trendline and EMA support.
What’s Happening With Pi Coin’s Price?
Pi Network price dynamics (Source: TradingView)
The Pi coin price action has shifted from bullish consolidation to a mild selloff over the past 48 hours. On the 4-hour chart, Pi recently lost the 20, 50, and 100 EMA zones near $0.80, closing below $0.786 for the first time since the May 18 breakout. This breakdown came after a sustained rally that briefly tagged $0.87, driven by short-term bullish sentiment.
Pi is now entering a key demand zone between $0.775 and $0.760. This region acted as accumulation before the previous breakout and aligns with prior support zones highlighted by the Chande Momentum Oscillator and SR channel levels.
Lower Timeframes Show Bearish Pressure Mounting
Pi Network price dynamics (Source: TradingView)
On the 30-minute chart, Pi has broken below a …
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Singapore’s Top Economist Robinson Urges Regional Integration Over Tit-For-Tat Tariffs
Singapore’s MAS deputy director advises against tariff retaliation.
Asian economies need to intensify regional trade integration services.
Protectionism and import taxes disrupt resource allocation and lower the consumer surplus.
A senior official from Singapore’s Monetary Authority (MAS), Edward Robinson, has warned that a tit-for-tat approach on tariffs would harm both the issuing and receiving economies. Robinson advised that instead of following the path of retaliation, Asian economies must aim to remain agile.
According to Robinson, who serves as Deputy Director and Chief Economist at MAS, engaging in retaliatory tariffs would lead to negative supply shifts, worsening the growth-inflation trade-off and complicating monetary policy.
He strongly advised that the focus should be on maintaining the existing global system and avoiding actions that could be detrimental to economic stability, colorfully urging against “throwing rocks into their harvest.”
Related: China vs. Trump Tariffs: Global Markets Shaken, Crypto Beckons
“Bye-Bye Circle”: Arthur Hayes Warns of Wall Street’s Stablecoin Takeover
Arthur Hayes warns that a joint stablecoin venture by major US banks could spell the end for Circle’s USDC dominance.
The GENIUS Act opens the door for regulated bank-issued stablecoins, threatening crypto-native projects.
A banking-backed stablecoin could shift stablecoins from decentralization to institutional control.
Arthur Hayes, the co-founder of BitMEX and a long-standing voice in the crypto market, issued a warning for the future of Circle’s USDC. Reacting to reports that Wall Street’s biggest banks are teaming up for a stablecoin initiative, Hayes wrote, “Bye bye Circle. Thanks for playing.”
This characteristically sarcastic statement from Hayes throws a harsh spotlight on a major realignment brewing within the stablecoin space; one that could soon pit legacy finance heavyweights directly against the very crypto-native players that helped bring stablecoins into the mainstream.
Bye bye Circle. Thanks for playing. https://t.co/LmFPrv6KZK
— Arthur Hayes (@CryptoHayes) May 23, 2025
Wall Street Titans Reportedly Plan Joint Stablecoin as GENIUS Act Nears
According to reports, the titans of traditional finance – JPMorgan Chase, Bank o…
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CZ Discusses Strategic Crypto Reserves and AI Integration at Token 2049
CZ’s Giggle Academy uses AI to offer free education to over 220K kids in 15 languages.
Dubai hosts thousands of crypto firms, backed by clear regulations and tax-free zones.
The U.S. and Bhutan have created crypto reserves, treating Bitcoin as a strategic asset.
CZ, the founder of Binance, spoke on stage at Token 2049 in Dubai about artificial intelligence, education, and cryptocurrency. He discussed how AI is used in education, Dubai’s growing importance in crypto, and how governments’ connections with digital assets are developing.
A fascinating chat with @cz_binance in Dubai—Enjoy!
00:00 Intro 00:47 CZ returns: AI, education, and what’s next 02:12 Giggle Academy: Scaling AI to teach 100M kids 04:01 CZ’s global crypto diplomacy with governments 07:08 Dubai’s rise as crypto capital: Behind the scenes 10:22… pic.twitter.com/rL5DqbI7ni
— Raoul Pal (@RaoulGMI) May 22, 2025
Giggle Academy: Using AI to Educate Millions of Children
CZ talked about his Giggle Academy, an AI-based education platform launched in early 2024. Its purpose is to help underserved children worldwide learn for free, with a target of reaching 100 million learners. In a very …
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One Week After Settlement Snag, Ripple And SEC Yet To File Correction As XRP Market Waits
Ripple SEC settlement rejection last week by Judge Torres over filing errors extends XRP uncertainty.
Market awaits Ripple & SEC’s next move on a corrected settlement after the May 15 denial.
Despite the legal setback, XRP price shows some recovery this week; technicals hint at potential breakout.
The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is far from over. Judge Analisa Torres, who has been overseeing the high-profile case, has officially rejected a recent settlement request from both parties, throwing the future of the lawsuit into uncertainty once again.
A few weeks ago, Ripple and the SEC had agreed to settle their long-running legal dispute, aiming to wrap things up quickly. However, Judge Torres denied their joint request, calling it “procedurally improper.” In simple terms, the court said they didn’t follow the correct legal process when filing their request.
#XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has denied the parties’ motion for an indicative ruling. “If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.” …
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Cardano’s Moment Is Here Predicts Dan Gambardello For An ADA Bull Run
Dan Gambardello of Crypto Capital Venture declares Cardano (ADA) bull run is “incoming.”
ADA’s monthly MACD shows bullish crossover signs similar to late 2020, notes Gambardello.
Cardano Risk Model at low 42, inverse H&S breakout also signal ADA upside, targets $1.
Crypto analyst Dan Gambardello, founder of Crypto Capital Venture, has sparked renewed optimism among Cardano (ADA) supporters, boldly declaring that the next major bull run for ADA “has not happened yet, but is incoming.”
In a recent post and an accompanying video analysis, Gambardello zoomed out on Cardano’s monthly chart. He identified several technical signals reminiscent that he believes are strongly reminiscent of patterns previously observed right before ADA’s major bull cycles.
While many in the crypto community remain skeptical, Gambardello remains firmly bullish, and he’s not afraid to say it.
Everyone's Wrong About Cardano (Again)
Intro 00:00 Cardano monthly MACD 1:40 Weekly MACD about to flip 3:10 Short term price action 4:30 Compared to last cycle 7:30 Big resistance for ADA 8:40 Potential dip 9:50 The breakout move to watch for 10:40 pic.twitter.com/JXEWjxkstJ
— Dan Gambardell…
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PEPE Price Prediction for May 24: Bulls Defend $0.00001550 as Breakout Rally Slows
After a stunning surge from the $0.00001000 base earlier this month, the PEPE price is currently consolidating near the $0.00001550 mark, posting over 45% gains in less than two weeks. This sharp climb has brought the meme token back into focus, but momentum indicators now flash early caution signs even as bulls eye higher Fibonacci targets.
What’s Happening With PEPE’s Price?
PEPEUSD price analysis (Source:TradingView)
On the weekly chart, PEPE price action shows a clean reversal from the multi-month lows, breaking past the 23.6% and 38.2% Fibonacci retracement levels. The rally reclaimed the psychological $0.00001200 mark and is now attempting to hold above $0.00001500—an area that previously acted as support before the February selloff.
PEPEUSD price analysis (Source:TradingView)
The breakout from the $0.00001020–$0.00001200 consolidation range has been backed by rising volume and structure confirmation. This suggests bulls are attempting a larger reversal, especially as the token climbs toward the 50% retracement zone near $0.00001800.
Daily Structure Signals Exhaustion After Vertical Move
PEPEUSD price analysis (Source:TradingView)
On the …
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