Crypto Shockwaves: Bitcoin Soars, Major Hacks, Arrests & Global Moves
Here’s your rapid-fire recap of the biggest crypto stories shaking the market this week:
1. Blum Co-Founder Arrested Blum co-founder Artem Smerkis has been arrested in Moscow on fraud allegations, sending shockwaves through the crypto startup scene.
2. Russia Targets Crypto in Criminal Cases Russian lawmakers are drafting a bill to allow seizure of digital currencies in criminal investigations, tightening control over illicit crypto use.
3. Strategy Goes Big on Bitcoin Strategy added a massive 7,390 $BTC to its holdings, worth $764.9 million, reflecting bullish institutional momentum.
4. Argentina Disbands LIBRA Probe Argentina’s crypto watchdog shuts down its memecoin investigation unit tied to LIBRA, signaling a policy pivot in crypto enforcement.
5. Societe Generale Enters Stablecoin Game The French banking giant plans to launch a USD-pegged stablecoin on Ethereum, aiming to bridge TradFi and DeFi.
South Korea Opens Crypto Doors Starting June, South Korea will lift its ban on crypto investments by financial institutions, potentially unlocking billions in capital.
7. Bitcoin Breaks New ATH Bitcoin smashes past $110,000, setting a new all-time high amid rising institutional demand and ETF inflows.
8. Kraken to Tokenize Stocks Crypto exchange Kraken plans to launch tokenized stocks and ETFs, merging traditional finance with blockchain tech.
9. Cetus Exploited for $220M DeFi protocol Cetus suffered a devastating smart contract exploit, losing $220 million—one of the year’s biggest DeFi breaches.
10. Trump Proposes EU Tariffs Donald Trump suggests a 50% tariff on EU imports, raising concerns about global trade tensions that could ripple into crypto markets.
Bitcoin to $500K? Standard Chartered Predicts Skyrocketing Growth as Wall Street Pours In
Standard Chartered has ignited fresh excitement in the crypto world, projecting that Bitcoin $BTC could surge to $500,000, driven by a wave of institutional demand. The prediction comes on the heels of multiple spot Bitcoin ETF approvals and growing interest from sovereign wealth funds globally. With BTC trading around $108,000, the bank believes this could be just the beginning of an epic bull cycle.
Wall Street Piles In: BlackRock’s IBIT Dominates Bitcoin ETF Race
Fueling this bullish outlook, spot Bitcoin ETFs just posted their highest trading volume of 2025. Leading the charge is BlackRock’s iShares Bitcoin Trust (IBIT), which extended its record streak with 30 consecutive days of inflows.
In just the past week, IBIT attracted over $1 billion in fresh capital, pushing its total assets to a staggering $51.6 billion and capturing over 70% of the ETF market share. As Bitcoin reclaims six-figure territory, institutions are going all in, signaling renewed faith in BTC’s long-term trajectory.
With ETFs drawing record demand, institutional giants flooding in, and macro bullish catalysts stacking up, Standard Chartered’s bold $500K price target is no longer a moonshot it’s starting to look like a roadmap.
Bearish Case: Break below 0.00001300 could push prices to 0.00001250 or lower. Bullish Case: Break above 0.00001400 with volume might target 0.00001523, and possibly 0.00001650.
Neutral: Sideways action likely if volume stays low.
As the crypto market heats up in 2025, savvy investors are looking beyond Bitcoin and Ethereum to find the next wave of breakout projects. Here are three cutting-edge altcoins with real utility, visionary tech, and massive upside potential.
1. SUI: The Web3 Gateway for the Next Billion Users $SUI is quickly emerging as the blockchain designed for mass adoption. Built with user experience at its core, SUI strips away the usual complexities of crypto with innovations like zkLogin and sponsored transactions, allowing users to interact with apps as effortlessly as using a Web2 platform.
Unlike legacy chains, SUI introduces a unique object-based data model and utilizes the Move programming language resulting in faster transactions, improved security, and seamless scalability.
With Ethereum and Solana facing pressure over speed and accessibility, SUI could leap ahead by offering the best of both worlds: power and simplicity. Backed by a growing DeFi ecosystem and rising developer activity, SUI is well-positioned to be a game-changer in onboarding the next billion into Web3.
NEAR Protocol: The Scalable Powerhouse Redefining dApps $NEAR Protocol is solving some of the biggest challenges in crypto scalability, speed, and developer experience. Using its innovative Nightshade sharding, NEAR dramatically increases transaction throughput while keeping fees low.
What makes NEAR stand out is its robust infrastructure: Rainbow Bridge enables asset transfer from Ethereum Aurora leverages Ethereum compatibility for EVM-based dApps Built-in tools make it easier for developers to launch decentralized apps
With backing from top-tier investors and a mission to simplify Web3 for both devs and users, NEAR is a serious contender in the smart contract arena. As DeFi, NFTs, and on-chain gaming scale up, NEAR’s high-performance blockchain could see significant growth.
3. TAO (Bittensor): Decentralizing the Future of AI TAO is at the forefront of a bold new frontier—decentralized artificial intelligence. Powering the Bittensor network, TAO enables AI models to collaborate and compete in an open marketplace, earning tokens based on their contributions.
In a world where AI is increasingly monopolized, $TAO democratizes access. Anyone can participate, contribute models, and benefit from global machine learning without gatekeepers. The TAO ecosystem promotes transparency, fair rewards, and shared innovation all secured on the blockchain.
With the convergence of crypto and AI gaining momentum, TAO’s role as the infrastructure for open-source AI positions it as a category-defining project. Investors are watching closely as TAO becomes the go-to token for decentralized intelligence.
Price at $0.0412, up 5.37%! 🔥 After dipping to $0.0312, bulls stepped in hard, breaking the $0.0340–$0.0360 range. Volume is spiking, showing strong buying pressure (256.42M FLM traded in 24H). 📊
🔑 Levels to watch:
Resistance: $0.0420 (24H high). Break this, and we might see $0.0450 next! Support: $0.0312. A drop below $0.0400 could test this again.
Short-term bullish, but long-term still down (-54.71% in 1Y). High volatility (24.10% 24H range), so trade smart with stop-losses! What’s your take?
SUI Ignites: $11.50 Target in Sight as Users Triple and DEX Volume Explodes
$SUI is making serious moves and the market is paying attention. Trading at $4.17 after a 9.5% daily surge, the altcoin is flashing strong bullish signals across both technical charts and on-chain metrics. With analysts predicting a breakout toward $11.50, SUI could be setting the stage for one of the biggest rallies of the year.
SUI Forms Bullish Ascending Wedge $11.50 in Focus Renowned analyst Bitcoinsensus has identified an ascending wedge pattern on the SUI chart, signaling a potential continuation to $11.50. The price has formed consistent higher highs and higher lows since launch, and each impulse wave has grown more powerful.
With consolidation holding around the $3.70 support, analysts believe the next breakout wave could be imminent—especially if volume starts to climb again like it did before earlier rallies.
Analysts Say: Every Pullback Leads to a New High Crypto analyst Mags emphasized SUI’s consistent ability to bounce from local bottoms and create new highs, showcasing clear investor confidence. “Each dip is a launchpad,” Mags stated, as the altcoin continues its uptrend without breaking its bullish structure.
Backing this view, Michaël van de Poppe highlighted SUI’s breakout beyond resistance as a key validation of market strength. His analysis showed SUI forming a new higher high, which historically has led to swift upward movements. If momentum sustains, Poppe believes $11.50 is a reasonable target.
DEX Volume and Stablecoin Inflows Hit All-Time Highs On the fundamental side, SUI’s ecosystem is booming. The value traded on decentralized exchanges (DEXs) built on SUI just hit an all-time high, indicating increased liquidity and user activity.
Even more telling, SUI is now capturing the majority of stablecoin inflows across Layer 1s—a sign that large investors are parking capital in the ecosystem. This surge in liquidity often precedes price spikes as new capital fuels aggressive trading.
User Growth Skyrockets Triple in Just 3 Months One of the most bullish signals? SUI’s daily active users have tripled over the past 90 days. The growth suggests that adoption is soaring, especially with the expansion of SUI-based DeFi platforms and DEX infrastructure.
As the number of users increases, network value typically follows—and that’s exactly what analysts believe is playing out with SUI. Key Levels to Watch Support: $3.70 Resistance: $5.20, $6.80 Target: $11.50 If SUI clears the $6.80 resistance on strong volume, the next leg up could be explosive. With network activity booming and bullish technical patterns forming, SUI looks like a top altcoin to watch right now.
Solana on Fire: $210 Breakout Looms as Bulls Crush Bears
Solana $SOL is once again stealing the spotlight in the crypto world. After bouncing back from $158 and holding firm above $172, the altcoin is trading inside a strong ascending channel that has analysts eyeing a bullish breakout toward $210.
Solana Builds Momentum in Ascending Channel On-chain analyst Ali Martinez noted that SOL is climbing steadily within a parallel ascending channel. Each dip is being scooped up by buyers, pushing the token back toward mid-channel highs. If momentum sustains, SOL could target the $210 upper boundary, a critical breakout zone that has triggered resistance in previous moves.
The recent reclaim of $172 and the formation of higher lows show strengthening bullish sentiment, especially after SOL met Fibonacci targets at $180 following a breakout from an ascending triangle—a pattern often preceding bullish continuations.
Resistance Zones in Sight Bulls vs. Barriers Crypto strategist Pentoshi pointed out that the $174–$188 zone has historically served as a tough resistance level for SOL. Since March, the price has tapped this range multiple times without a clear breakout. But with volume rising and sentiment shifting, traders are watching closely.
A daily close above this zone could propel Solana toward $220, according to Pentoshi, signaling a major leg up if volume continues to support the trend. Given SOL’s resilience and clear structure of higher lows, the outlook is leaning bullish.
Derivatives Market Backs the Bulls Solana’s bullish case isn’t just technical on-chain and derivatives data back it up. Over $10 million in short positions were liquidated in the past 24 hours, indicating that bears are getting squeezed as price rises. Long/short ratios on Binance (2.24) and OKX (1.67) show top traders leaning heavily long, a key indicator of market confidence.
Open interest is rising, and funding rates remain positive, pointing to sustained bullish appetite. With shorts being flushed out and strong institutional interest, Solana could be primed for a bigger move.
TRUMP Token Dinner Turns Risky: Legal Heat Over Presidential Seal Use
Trump’s Memecoin Gala Draws VIPs and Federal Law Scrutiny Over Presidential Seal Use Donald Trump’s splashy meme coin dinner may have just crossed the line legally. According to Forbes, the former U.S. President addressed high-profile investors of the $TRUMP token from a podium decorated with the official presidential seal at Trump National Golf Club in Virginia. That move could be a direct violation of federal law, which prohibits the use of the seal in ways that falsely suggest government endorsement or sponsorship.
The event, dubbed the “Trump Memecoin Gala,” brought together 220 top $TRUMP holders, including ex-NBA star Lamar Odom and TRON founder Justin Sun, who is said to have invested over $20 million in the token. It was a lavish affair, complete with fine dining and exclusive access to Trump himself, though his appearance was brief.
While the dinner was marketed as a private celebration for crypto whales, critics aren’t buying it. Ethics watchdogs and lawmakers are raising red flags, accusing Trump of blurring the lines between political influence and personal gain. Protesters also showed up outside the venue, voicing their concerns over what many see as the commercialization of political proximity.
The White House has distanced itself, stating the dinner was strictly a private event with no ties to official presidential duties.
As Trump edges deeper into the crypto space, blending politics with Web3 hype, questions about legality, ethics, and influence continue to mount. Whether federal investigators take action over the use of the seal remains to be seen but this event has definitely put the $TRUMP token under a much bigger spotlight.
Dump Before Dinner? 40% of Trump Token Guests Cashed Out Before Exclusive Event
In a surprising twist, on-chain data has revealed that nearly 40% of attendees at Donald Trump's exclusive $TRUMP token dinner had already sold off their holdings before the event even began.
The dinner, held for the top 220 TRUMP token holders, was marketed as an elite gathering for major supporters and investors. But blockchain analytics show that 92 of those invitees held zero TRUMP tokens by the time the dinner took place.
Before the event on May 23, the combined wallet balance of the top holders sat at $11.3 million. However, a significant sell-off by large holders caused the total to plummet to just $7 million, indicating a widespread dump ahead of the high-profile gathering.
The mass exit triggered a sharp 15% drop in the TRUMP token price, sending it down to $13. While some viewed the dinner as a bullish marketing move, the data suggests many insiders used the hype to exit profitably, leaving retail investors with the aftermath.
This development has sparked debate within the crypto community about trust, insider moves, and the impact of celebrity-driven tokens. As the dust settles, traders will be watching closely to see whether the TRUMP token can recover or if this dinner was its peak.
2 Hottest Altcoins to Buy Now Before the Next Bull Run!
Yes in this I'm Gona be to share you 2 best Altcoins to add in your portfolio before the next bull run so before I move on always do your own research before any investment I'm not a financial advisor. 1. Solana $SOL : ETFs, Interoperability & a Bullish Breakout Ahead Solana is heating up fast in 2025 and currently trades near $178.70. One of the biggest catalysts driving investor excitement is Canada’s approval of a spot SOL ETF, giving Solana a much-needed stamp of institutional credibility. This ETF opens doors to new capital inflows and reinforces confidence among retail and institutional players alike.
But that’s not all Solana's DeFi ecosystem just got a massive upgrade with the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This development enables seamless interactions across multiple blockchains, a major leap forward for Solana’s network utility.
Technical analysts are eyeing a near-term breakout to $200, while also warning of a potential dip to $150 as part of a healthy correction. Still, long-term fundamentals remain strong. With growing adoption, lightning-fast transaction speeds, and fresh interoperability layers, Solana stands out as a top altcoin to buy now especially for those seeking high-throughput networks with real-world use cases.
Chainlink (LINK): Building the Backbone of Web3 Chainlink $LINK is once again proving why it's a must-own altcoin for serious crypto investors. Trading around $15.95, LINK’s momentum is fueled by the growing demand for cross-chain communication, particularly after the CCIP integration with Solana.
This upgrade allows smart contracts on Solana to communicate securely with other blockchains an essential building block for the future of DeFi and Web3 applications. Analysts are already seeing bullish patterns forming on LINK’s chart, specifically a bullish pennant, with short-term targets set at $20.
Looking further out, price projections for LINK range from $35 to $42 by year-end, making it a high-upside investment with real technical strength.
As more blockchains adopt CCIP and depend on Chainlink’s oracle network, LINK is positioning itself as the middleware of the entire crypto ecosystem—not just a token, but an infrastructure cornerstone.
Whether you're looking for speed, scalability, or cross-chain dominance, Solana and Chainlink are two of the most promising altcoins to buy now. They’re not just riding hype they’re building the future.
Solana Set to Soar: Bullish Breakout Eyes $210 – Is $375 Next?
Solana $SOL is making waves again as its price moves steadily upward, igniting talk of a major bullish breakout. With technical signals aligning and traders showing strong confidence, all eyes are now on the $210 and $375 targets.
Solana Price Climbs in Ascending Channel Toward $210 Top analysts have noted that Solana is trading within an ascending parallel channel, a pattern typically associated with strong bullish momentum. After recently dipping to a low near $158, SOL has bounced back impressively and is now climbing toward the mid-range of the channel.
If momentum continues, the upper boundary of this pattern points to a near-term target of $210. Historical trends show that SOL often corrects after hitting resistance, but this time, analysts say the buying pressure may be strong enough to push it further.
$375 Long-Term Target in Sight Looking further ahead, crypto expert Gordon highlighted a broader trendline that dates back to previous market cycles. According to his analysis, the $375 price mark could be a future target. This level has acted as a major resistance in the past, and if Solana breaks through it, a full-blown rally could follow.
This long-term diagonal trendline has historically triggered sharp moves whenever touched. Traders are watching closely, hoping SOL will break above this trendline and enter a sustained bullish phase.
Derivatives Data Backs the Bull Case Solana's price momentum is not just chart-based—it’s being supported by explosive activity in the derivatives market. Open interest in SOL futures surged by 24% to $7.3 billion, while trading volume spiked by 71% to $19.3 billion, confirming a surge of interest from traders.
Additionally, high funding rates and a strong long/short ratio show a heavy lean toward bullish sentiment. For instance:
Binance Long/Short Ratio: 2.24
OKX Long/Short Ratio: 1.67
These figures indicate that top traders are overwhelmingly betting on Solana’s continued rise.
Short Squeeze Adds Fuel to the Fire The bullish momentum is further amplified by liquidation data. In just the last 24 hours:
$10.5 million in short positions were liquidated.
Long positions saw just $4.4 million in liquidations.
Over the last 12 hours alone, $6.93 million in shorts were wiped out, compared to only $383K in longs. This pattern, where bearish bets get squeezed as prices rise, often leads to accelerated bullish rallies as traders rush to cover positions. Solana Could Be Poised for Major Gains Solana has maintained strength above $160 even through turbulent market conditions. If it can cleanly break past the $200–$210 range, analysts believe a run toward $375 could be on the horizon.
With bullish technicals, growing investor confidence, and rising market participation, Solana might just be gearing up for its next big breakout.
ARDR/USDT is trading at $0.12314 on the 4-hour chart, marking an impressive 26.54% gain in this timeframe as of 07:19 AM PKT on May 24, 2025. The price has also surged by 23.45% over the past 24 hours, reflecting strong bullish momentum.
🔍 Key Observations:
The chart shows a massive green candle on May 23, pushing the price from around $0.09528 (24H low) to a peak of $0.13000 (24H high). This breakout was accompanied by a significant volume spike (31.264M ARDR), indicating strong buying interest.
After the peak, the price has slightly pulled back to $0.12314, which aligns with a potential support level around $0.12300-$0.12500.
The 30-day (+51.92%) and 90-day (+49.64%) performance highlights a robust longer-term uptrend, with the 7-day gain at 20.79%.
📈 Bullish Signals:
The breakout above $0.11000 and the sustained move above $0.12000 signal strong bullish sentiment. The high volume during the surge confirms buyer conviction. The price is holding above the previous resistance zone of $0.12000, which could now act as support.
📉 Bearish Risks:
The sharp rally may lead to a short-term pullback as profit-taking kicks in. If the price drops below $0.12000, it could test the next support around $0.11000. The 24-hour volume (4.16M USDT) has decreased slightly, which might indicate a potential slowdown in momentum.
⚠️ Outlook:
ARDR/USDT is showing strong bullish momentum after a breakout, but the recent pullback suggests caution. Watch for the $0.12000-$0.12300 support zone if it holds, we could see another push toward $0.13000 or higher. A break below $0.12000 might signal a deeper correction toward $0.11000. Volume trends will be key; rising volume on the next leg up would confirm the bullish trend.
SUI/USDT is currently trading at $3.6292, showing a 1.34% increase on the 4-hour timeframe. However, the broader trend paints a different picture. After hitting a high of $3.9599 (24H high), the price faced strong rejection and has since dropped significantly, reflecting a 6.64% decline over the past day.
🔍 Key Observations:
The chart shows a clear uptrend from May 20 to May 23, with consistent higher highs and higher lows, peaking around $4.2000. However, a sharp reversal followed, marked by large red candles, indicating heavy selling pressure.
Volume spiked during the peak and the subsequent drop, suggesting strong market participation in the sell-off. Current volume (462.57M USDT) remains elevated, hinting at continued activity.
The price is now testing a key support zone around $3.6000-$3.6500. A break below this could lead to further downside toward $3.5233 (24H low) or lower. 📉 Bearish Signals:
The sharp decline from $4.2000 and failure to hold above $3.8000 suggest bearish momentum is in control.
The 7-day performance shows a 5.62% drop, reinforcing the short-term bearish sentiment. 📈 Bullish Potential:
If the $3.6000 support holds, we might see a bounce back toward $3.8000, a previous resistance-turned-support level.
The 30-day (+20.29%) and 90-day (+5.90%) gains indicate a longer-term bullish trend, so a recovery isn’t out of the question if buyers step in.
⚠️ Outlook:
SUI/USDT is at a critical juncture. Watch for a break below $3.6000 for further downside or a bounce from this level for a potential recovery. Keep an eye on volume trends—rising volume on a bounce could signal a reversal, while increasing volume on a breakdown might confirm the bearish trend.
Donald Trump announced on Truth Social that he is recommending a 50% tariff on goods from the EU starting June 1, citing stalled trade talks and a $250bn annual trade deficit.
Before I move on don't take me serious 😂 I mean don't consider this as a financial advice always do your own research before any investment because I'm not a financial advisor. In the ever-evolving world of crypto, meme coins have gone from jokes to juggernauts. While Bitcoin and Ethereum continue to dominate headlines, some meme tokens are quietly (or not-so-quietly) outperforming the giants—and making early adopters a fortune. If you’re serious about riding the next wave of explosive gains, Bonk and Pepe are two meme coins you need to watch—and maybe even HODL.
1. Bonk : The Underdog That’s Barking Louder Than Ever $BONK , the dog-themed token on the Solana network, has been stealing the spotlight with a performance that’s turning heads and wallets. Often dubbed the "Shiba Inu of Solana," BONK has recently emerged as one of the top-performing meme coins across multiple timeframes.
BONK's rebound showcases its staying power and investor interest. As Solana continues to gain traction in the DeFi and NFT space, BONK could become its flagship meme coin—mirroring Dogecoin’s rise on Ethereum.
Why You Need BONK: With increasing support from the Solana community and rapidly growing social buzz, BONK isn’t just a joke anymore—it’s a potential rocket ship for risk-tolerant investors.
2 : Pepe : The Frog That Refuses to Croak When $PEPE launched, many dismissed it as just another meme coin gimmick. But this frog has leaped into the spotlight, proving it has more bite than bark. Fueled by meme culture and crypto enthusiasm, PEPE’s growth has eclipsed even Bitcoin’s recent gains.
What makes PEPE special is its die-hard community and lightning-fast virality. From Reddit to Twitter (now X), PEPE is popping up everywhere, and its price is following suit.
Why You Need PEPE: It’s meme magic in motion. With a low entry price and sky-high hype potential, PEPE could be the next coin that transforms small stacks into six-figure fortunesif the stars align.
Final Thoughts: Meme Coins Are No Longer Just a Laugh Both BONK and PEPE are proving that meme coins can offer real returns—if you time it right and manage the risks. They’re volatile, speculative, and often community-driven, but that’s where the big money moves are being made right now.
So if you “wanna be rich” in the world of crypto, don’t sleep on BONK and PEPE. These two tokens are showing strength in all the right places—and could be gearing up for another leg up.