15 May 2025, 08:17

Binance Data Highlights Silent Massive XRP Accumulation, Signaling a Mega Price Eruption

According to data acquired from Binance, XRP sellers have increased selling pressure. As a counter-response, buyers are also absorbing intense sales—a pattern denoting silent XRP accumulation , interpreted by market experts as a potential “early sign of a bullish breakout.” Market experts at CryptoQuant observed that Binance futures data depict active speculation for XRP, a trend poised to set the stage for a strong move. The month kicked off with the Open Interest rate hitting an all-time high of $1.5 billion, after which a swift decline to $530 million followed, resulting in the washing off of leveraged positions. With Open interest making yet another upclimb, experts are convinced that trader interest has been renewed, although this also means that volatility is right around the corner. Furthermore, when the funding rate, a metric that puts market bias into perspective, turned negative during a correction, it displayed excess short positioning, which opened the pathway for a short squeeze, as the analyst noted. While the funding rate is presently neutral, indicating that long and short positions are equal, CryptoQuant’s market expert explained that short positions are increasing, while funding is decreasing. This has resulted in an upward push for XRP, further signaling that a “mild squeeze” is in play. Breaking down the potential bullish signal recently spotted in the XRP market, the analyst wrote the following; “The Taker Buy/Sell Ratio on Binance is 0.91, showing strong market selling. Retail traders appear to be shorting aggressively. If this pressure continues but price holds, absorption is likely taking place — a potential bullish sign.” The simultaneous rise in Open interest and XRP price signals the return of market speculation. Meanwhile, neutral funding suggests that market players are somewhat indecisive. Taker sell pressure and stability in XRP’s price further indicate that sellers are most likely being absorbed now. With XRP sustaining momentum above the $2 price mark, and 24-hour gains sitting at 3.80%, the altcoin is trading at a press time price of $2.58, inching closer to its 72-hour high of $2.63.

15 May 2025, 08:15

SUI price prediction 2025-2031: Is SUI a good investment?

Key takeaways: Our SUI price prediction indicates a high of $6.77 by the end of 2025. In 2027, SUI will range between $10.47 and $12.10, with an average price of $10.83. In 2030, it will range between $33.01 and $40.39, with an average price of $34.20. Is SUI a good investment? Will it go up? Where will it be in five years? Our SUI price prediction answers these questions and more. Overview Cryptocurrency Sui Symbol SUI Current price $3.72 SUI crypto market cap $12.41B Trading volume $1.13B Circulating supply 3.33B All-time high $5.35 on Jan 6, 2025 All-time low $0.3643 on Oct 19, 2023 24-hour high $4.01 24-hour low $3.75 SUI price prediction: Technical analysis Metric Value Volatility (30-day variation) 21.73% 50-day SMA $2.84 200-day SMA $2.99 Current SUI crypto sentiment Bullish Green days 14/30 SUI price analysis: SUI stagnates above $3.70 On May 15, SUI coin posted a 5.95% loss in the last 24 hours and a 69.72% recovery over the last 30 days. Its trading volume dropped by 6.11% to $12.51B in the last 24 hours. Data from DefiLlama revealed that SUI’s Total Value Locked (TVL) in decentralized applications broke above the $2 billion mark. SUI 1-day chart analysis SUI/USD 1-day chart price analysis SUI formed a head-and-shoulders pattern in March, resulting in a major breakout that led it to its lowest level this year at $1.72. It then recovered towards the end of April. On May 1st, it crossed above $3.70. The MACD histograms now signal negative market momentum, with William Alligator showing that its volatility is rising. SUI 4-hour chart analysis SUI/USD 4-hour chart price analysis The 4-hour chart shows SUI is plateauing above $3.7. It registered rising negative momentum over the last 28 hours, meaning it will likely breakout downwards. Its RSI value is in neutral territory at 37.84. It is considered oversold when its value drops below 30. The William alligator trendlines show that it is registering little volatility. SUI technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 3.34 BUY SMA 5 3.69 BUY SMA 10 3.63 BUY SMA 21 3.55 BUY SMA 50 2.84 BUY SMA 100 2.86 BUY SMA 200 2.99 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 3.27 BUY EMA 5 2.97 BUY EMA 10 2.67 BUY EMA 21 2.52 BUY EMA 50 2.66 BUY EMA 100 2.92 BUY EMA 200 2.84 BUY What to expect from SUI price analysis next? According to the technical indicators, SUI has recorded 14 bullish days in the last thirty, meaning its general sentiment is bearish. The charts also show that it has negative momentum as its price stagnated above $3.70 in the last few days. Recent news Sui and 21Shares have solidified their partnership to increase Sui adoption globally as institutions show increased interest in market and on-chain activity. Why is SUI up? The SUI recovery coincided with the crypto market cap rising above the $3.05 trillion mark. The rise in TVL could have also contributed to the crypto market sentiment. Will SUI reach $10? Per the Cryptopolitan price prediction, SUI will reach $10 in 2027, with an average of $10.83 for the year. Will SUI reach $100? It remains unlikely that SUI will rise to $100 before 2031. Will SUI reach $1,000? It remains unlikely that SUI will rise to $1,000 before 2031. How high can Sui go? Per the Cryptopolitan price prediction, SUI will rise as high as $8 before the end of 2025. Is SUI crypto a good investment? Should the market sentiment change, SUI will rise to its previous highs. SUI’s price predictions for 2031 are optimistic as global adoption of decentralized applications rises. SUI price prediction May 2025 The SUI price forecast for May is a maximum of $3.70 and a minimum of $2.76. The average price for the month will be $3.05. Month Potential low ($) Potential average ($) Potential high ($) May 2.76 3.05 3.70 SUI price prediction 2025 For 2025, SUI’s price will range between $1.80 and $6.77. The average price for the year will be $4.25. Year Potential low ($) Potential average ($) Potential high ($) 2025 1.80 4.25 6.77 SUI price prediction 2026-2031 Year Potential low ($) Potential average ($) Potential high ($) 2026 7.05 7.24 8.16 2027 10.47 10.83 12.10 2028 15.50 16.04 18.66 2029 22.96 23.77 27.04 2030 33.01 34.20 40.39 2031 47.50 49.21 57.09 Sui crypto price prediction 2026 The SUI’s price prediction estimates it will range between $7.05 and $8.16, with an average price of $7.24. Sui price prediction 2027 SUI coin price prediction estimates it will range between $10.47 and $12.10, with an average of $10.83. Sui price prediction 2028 SUI network coin price prediction climbs even higher into 2028. According to the prediction, SUI will range between $15.50 and $18.66 with an average price of $16.04. Sui price prediction 2029 According to the SUI coin price prediction for 2029, the price of SUI will range from $22.96 to $27.04, with an average price of $23.77. Sui price prediction 2030 According to the 2030 SUI price prediction, the price will range between $33.01 and $40.39, with an average price of $34.20. Sui price prediction 2031 The SUI crypto price forecast for 2031 is a high of $57.09. It will reach a minimum price of $47.50 and an average price of $49.21. SUI price prediction 2025 – 2031 SUI market price prediction: Analysts SUI price forecast Platform 2025 2026 2027 Digitalcoinprice $6.81 $8.01 $11.00 Gate.io $3.17 $3.77 $4.54 Coincodex $8.85 $5.90 $3.42 Cryptopolitan’s SUI price prediction Our predictions show that SUI will achieve a high of $6.77 in 2025. In 2027, it will range between $10.47 and $12.10, with an average of $10.83. In 2030, it will range between $33.01 and $40.39, with an average of $34.20. Note the predictions are not investment advice. Seek independent consultation or do your own research. SUI historic price sentiment Sui price history: CoinStats Exchanges such as Binance, OKX, KuCoin, and Bybit hosted activities toward the initial distribution of SUI in April 2023. SUI initially traded at $2.10, well above the $0.10 investors paid during its public sale at the end of April. A bear run preceded the listing, and on October 23, 2023, it fell to its lowest price, $0.3643. It started recovering in November 2023. It reached its highest price on March 27, 2024, at $2.18, after the Greek stock exchange announced a possible collaboration. On May 21, 2024, the SUI network surpassed 1 million daily active wallets. In August, it traded at $0.57. It later rose and broke above $1.5 in September and $2 in October. The bullish run continued into November, attempting a new all-time high, which it achieved on January 6, 2025, at $5.35. Later, it quickly reversed, falling below $3.50 in February and $2.00 in April. It started recovering into May as it rose above $3.50.

15 May 2025, 08:13

Ukraine Plans National Bitcoin Reserve, Says Lawmaker Yaroslav Zheleznyak

The post Ukraine Plans National Bitcoin Reserve, Says Lawmaker Yaroslav Zheleznyak appeared first on Coinpedia Fintech News Ukraine is getting ready to do something big with Bitcoin. The government is working on a new law that could let the country officially hold Bitcoin as part of its national reserves. Member of Parliament Yaroslav Zheleznyak says the bill is almost ready. If this happens, Ukraine could join the short list of countries treating Bitcoin like a key financial asset. Ukraine Draft Bitcoin Bill Ukrainian lawmaker Yaroslav Zheleznyak has confirmed that a draft bill is being finalized to allow the government to create a strategic Bitcoin reserve. This move is part of a bigger vision to integrate digital assets into national policy and improve Ukraine’s financial preparedness. He first hinted at the idea back in February 2025, but this time, the legislative text is almost ready. The proposal would open the door for Ukraine to legally create crypto reserves, including Bitcoin. While details remain limited, the effort signals Ukraine’s growing interest in placing digital assets at the core of its financial strategy. Ukraine Working On Full Crypto Legalization Alongside the Bitcoin reserve plan, Ukraine is working on a broader crypto regulation bill, which is expected to be finalized in the first quarter of 2025. In a statement made back in December, Daniil Getmantsev, head of the Verkhovna Rada’s Tax Committee, revealed that a specialized group is coordinating with the National Bank of Ukraine and the International Monetary Fund (IMF) to shape the new law. The upcoming legislation is set to introduce clear rules for crypto taxation and anti–money laundering procedures. Binance Backs the Idea Kirill Khomyakov, who heads Binance operations in several key regions, including Central and Eastern Europe, has expressed support for Ukraine’s plan. According to him, forming a crypto reserve will require major updates to existing laws. He also noted that these efforts could finally bring clarity to how digital assets are treated under Ukrainian law. Only 4% of the World Owns Bitcoin Globally, only 4% of people own Bitcoin, and Ukrainians are among the early adopters. While Ukraine still lacks a complete legal framework, these recent developments could soon change that. If passed, these laws may not only bring crypto into Ukraine’s mainstream economy.

15 May 2025, 08:12

Cardano Expands Reach to 86 Million New Users, While ADA Network Activity Soars in Japan

Cardano (ADA) has made a notable move to expand its network reach and potentially boost long-term adoption for the Cardano network and its native token ADA. According to a new announcement, Input Output (IO), the organization behind the Cardano network, has partnered with the prominent web browser Brave. The partnership will introduce ADA to the Brave network by enabling full support for the ADA token in the Brave web browser. The move is one of Cardano’s many strategic collaborations, aiming to expand the network’s reach to Brave’s 86 million user base. “Very excited about this partnership. Cardano and Midnight are coming to a platform with 70 million users.” Charles Hoskinson wrote , in a post shared to X. Hoskinson highlighted the shared vision of both platforms, noting their collective commitment to enhancing security and accessibility within the Web3 ecosystem. With the integration of Cardano into the Brave wallet, Cardano plans to expand functionality for its users to keep up with on-chain governance while advancing the facilitation of privacy and online participation for users. Similarly, Brendan Eich, the CEO and co-founder of Brave and the Basic Attention Token (BAT) remarked that the partnership is reflective of Brave’s commitment to building a Web3 ecosystem that optimizes for the maximization of interoperation for user choice, while arming users with stronger tools to engage with decentralized ecosystems. “Integrating Cardano into Brave Wallet not only expands multi-chain access, but also enhances security, governance participation, and the overall user experience,” Eich added. The partnership comes as Cardano hit a notable network milestone, with Japan recording a massive spike in trading volume. According to TapTool’s data , the ADA/JPY pair on Binance has increased by 70% in 24 hours, making it the second-highest volume pair globally for ADA.

15 May 2025, 08:10

Ukraine eyes strategic Bitcoin reserve bill with support from Binance

Ukraine may soon be reviewing a legislative proposal to create a state Bitcoin reserve with backing from cryptocurrency exchange Binance. According to local media , Ukrainian MP Yaroslav Zhelezniak, who also serves as First Deputy Chairman of the Finance Committee, has confirmed plans to introduce the draft bill in parliament soon. “We will soon submit a draft law from the industry allowing the creation of crypto reserves,” Zhelezniak was quoted as saying. While the final version is still being refined, Zhelezniak has clarified that the initiative will focus exclusively on Bitcoin, shifting from earlier mentions of broader crypto reserves. If the bill is passed, Ukraine would become the first European country to establish a state-run Bitcoin reserve. The proposal has drawn interest from Binance, whose regional head for Central and Eastern Europe, Kirill Khomyakov, expressed support for the initiative. Speaking to local media, Khomyakov said the creation of such a reserve would require “significant changes in legislation,” noting that while the process may not be quick, it could bring long-term benefits. “Another positive aspect is that this initiative will likely lead to greater clarity in the regulation of crypto assets in Ukraine, as the government will need to more clearly articulate its position on this issue,” he added. You might also like: Taiwan lawmaker urges adding Bitcoin to national reserves Binance has recently been collaborating with various jurisdictions, including partnerships with Kyrgyzstan and Pakistan to develop crypto regulations, and advising multiple governments on establishing national Bitcoin reserves. Similar reserve models are already gaining traction elsewhere. In the United States, Texas lawmakers recently advanced Senate Bill 21, which would allow the state comptroller to invest in digital assets with a market cap above $500 billion. Arizona and New Hampshire have already taken steps in this direction. Arizona’s fund will be sourced from unclaimed digital assets, while New Hampshire has authorized up to 10% of its general fund to be allocated to Bitcoin and similarly capitalized assets. Outside the U.S., there have been talks of establishing Bitcoin reserves in countries such as Taiwan , Brazil , the Czech Republic, Russia , and Sweden. Ukraine’s growing interest in a Bitcoin reserve comes as the country continues to reshape its digital asset framework. In April, the Verkhovna Rada Committee on Finance, Tax and Customs Policy unanimously approved a draft law on virtual assets. However, the bill was later withdrawn from consideration, reportedly at the initiative of the President’s Office. While the draft law’s progress was stalled, regulatory efforts have not. Ukraine’s securities regulator has separately proposed a 23% tax on crypto income, combining personal and military levies. Read more: Texas advances strategic Bitcoin reserve bill

15 May 2025, 08:10

Coinbase Bridges Assets to Base DeFi with cbXRP cbADA cbDOGE cbLTC

Coinbase is launching wrapped XRP, ADA, DOGE, LTC as cbXRP, cbADA on its Base Layer 2 These Coinbase wrapped tokens like cbDOGE, cbLTC will bridge non-EVM assets to Base DeFi Brian Armstrong’s Coinbase strategy includes wrapped tokens on Base for crypto expansion Attempting to expand decentralized finance (DeFi) access across blockchains, Coinbase is preparing to launch wrapped versions of XRP, Cardano (ADA), Dogecoin (DOGE), and Litecoin (LTC) on its Ethereum Layer 2 network, Base. These new wrapped tokens, to be designated cbXRP, cbADA, cbDOGE, and cbLTC, are designed to bridge these non-EVM chain assets to Base’s DeFi ecosystem, which holds over $3.6 billion in total value locked. cbADA, cbDOGE, cbLTC, cbXRP coming soon. These assets are not yet live or available. We will announce their launch at a later date. — Coinbase Assets (@CoinbaseAssets) May 13, 2025 Official Contract Addresses Released for New Base-Wrapped Tokens While the tokens aren’t live yet, Coinbase has confirmed their imminent arrival and issued official contract addresses to prevent users from falling for scams or imposters. This move mirrors Coinbase’s earlier success wit… The post Coinbase Bridges Assets to Base DeFi with cbXRP cbADA cbDOGE cbLTC appeared first on Coin Edition .