The Sui network has released a post-mortem report of what caused the $260 million Cetus hack, which shook its ecosystem last week. As part of the report, the network also announced plans to boost security, a move which is bullish for the SUI price. Sui Provides Report On The Cetus Hack In an X post, the network revealed that the root cause of the Cetus incident was a bug in the protocol’s math, rather than a vulnerability in Sui or the Move programming language, which the network adopts for smart contracts. Sui remarked that the impact on users is the same and noted the need to take a holistic perspective to support the ecosystem’s security. As CoinGape reported, the network’s largest decentralized exchange (DEX) and liquidity provider, Cetus Protocol, suffered a $223 million crypto hack last week. The network was able to freeze $162 million while Cetus put out a… Read More at Coingape.com
The weekly trade began with a huge bullish push, which uplifted the Bitcoin price above the horizontal consolidation. Meanwhile, the latest push suggests the market participants have become extremely bullish on Bitcoin, activating the target for the week at $100K.
Why is the Bitcoin Price Rising?
The Bitcoin bull run seems to have intensified as prices surged past $93,000 before the previous day’s close. Multiple reasons have triggered the rise, including the easing of the trade war between the US and China, Paul Atkins becoming the new SEC chair, and President Trump clarifying that Jerome Powell will remain the Fed Chair. These reasons could have triggered a strong upswing in the BTC price, due to which Bitcoin has now become the fifth-largest asset, surpassing Google.
The Global M2 supply has hit a new ATH, and as BTC price closely follows the M2 supply, a new ATH seems to be on the horizon. The growing certainty has also increased the optimism among the institutions, as the Bitcoin ETFS recorded their largest daily inflow in the past 3 months yesterday. The crypto markets, specifically Bitcoin, decoupling with US stocks and catching up with Gold, could be the main reason behind the institutional accumulation.
How High Can Bitcoin (BTC) Price Go?
The Bitcoin price has been maintaining a strong ascending trend regardless of the bearish influence on the token. The price has risen above a crucial resistance level, which has validated a flip from the bearish captivity. However, the technicals are yet to turn bullish, hinting towards a potential bull run on the cards.
The price surged above $88,500, and a daily close above this level suggested the beginning of a fresh bull run. The MACD levels are about to undergo a bullish crossover while the CMF is trying for a bullish divergence and rise from 0. This suggests the money inflow is slowly growing, which could positively impact the BTC price in the coming days.
The post Trump Triggers Bitcoin Rally Again—How High Will BTC Price Go This Bull Run? appeared first on Coinpedia Fintech News
The weekly trade began with a huge bullish push, which uplifted the Bitcoin price above the horizontal consolidation. Meanwhile, the latest push suggests the market participants have become extremely bullish on Bitcoin, activating the target for the week at $100K. Why is the Bitcoin Price Rising? The Bitcoin bull run seems to have intensified as …
Crypto prices are down today due to the rising tensions in the Middle East. XRP fell to $2.16, while Cardano (ADA) and Solana (SOL) dropped over 1%. Ethereum (ETH) also dipped 0.7%, giving up its recent gains.
XRP is trading around $2.159, down 0.3% today, after failing to hold above the $2.30 resistance zone. After a rally to $2.35, sellers regained control, and pushing the price back toward $2.11.
Earlier, XRP had surged above $2.40, exciting traders and fueling hopes of a breakout. But the rally didn’t last. The price fell back near $2.15, turning what looked like a bullish breakout into a fakeout. The brief spike was driven by whale activity, hopes of an SEC settlement, and strong sentiment, but the momentum faded soon.
XRP Stuck in a Tight Range, Will It Revisit Lower Levels?
Now, XRP is stuck in a narrow range between $2.00 and $2.50. Analysts say a breakout above $2.50 could target $3.50, but if the price drops, it could fall to $1.85 or even lower. Technical indicators like MACD are showing selling pressure. XRP is forming a symmetrical triangle, which often precedes a major move, up or down.
To regain momentum, XRP must reclaim $2.206 and break through resistance around $2.18–$2.21. A successful push above $2.236 could open the way to $2.35 and beyond. But if it slips below $2.113, XRP could revisit support levels at $2.02, $1.92, and even $1.83.
Over the past month, XRP has traded between $2.05 and $2.40. Several analysts say the current setup resembles the 2017 price action, which led to a massive breakout to all-time highs.
XRP’s 2017 Setup Repeating?
XRP has been consolidating between $1.90 and $2.90 for nearly 200 days. Analysts like see similarities to the 2017 triangle pattern that led to a 1,300% rally. With an even longer consolidation this time, a similar rally from the $0.63 breakout zone could push XRP to $8–$10.
Analyst Dark Defender believes XRP is nearing a crucial breakout point. Patterns like the cup formation, trendline squeezes, and Fibonacci levels are aligning. Tightening moving averages also suggest a big move is coming. His short-term targets are $2.22 and $3.61, with support at $2.07.
The post XRP Price Won’t Dip Below $2, Here’s Why appeared first on Coinpedia Fintech News
Crypto prices are down today due to the rising tensions in the Middle East. XRP fell to $2.16, while Cardano (ADA) and Solana (SOL) dropped over 1%. Ethereum (ETH) also dipped 0.7%, giving up its recent gains. XRP is trading around $2.159, down 0.3% today, after failing to hold above the $2.30 resistance zone. After …
Base, a Layer-2 (L2) blockchain developed by Coinbase, transitioned from a Stage 0 to Stage 1 rollup, effectively overtaking Arbitrum (ARB) as the largest Ethereum scaling solution.
Stages refer to a framework for assessing the maturity of L2 rollups, based on milestones proposed by Ethereum co-founder Vitalik Buterin.
Base Becomes Largest Ethereum L2, Arbitrum Follows
Data on L2Beat shows Arbitrum One is no longer the largest optimistic rollup on Ethereum. L2Beat is an analytics and research website focused on Ethereum layer-2 scaling.
After a $557 million surge in TVL (Total Value Locked), Base has overtaken Arbitrum L2, with a margin of more than $710 million in total value secured (TVS).
Alongside overtaking Arbitrum One, Base has also matured from Stage 0, where the rollup is fully controlled by its operators (full training wheels).
It is now a Stage 1 rollup, featuring smart contract governance. However, because a security council remains in place to handle potential bugs, this stage features “limited training wheels.”
“Proud that Base is now stage 1 — and #1 by TVS but it’s still day one. Time to bring the world on-chain,” wrote Base creator Jesse Pollak.
“Welcome to the full-EVM stage 1 gang Base,” Buterin remarked.
The Ethereum executive said he would only recognize L2 networks that reach stage 1+ maturity. Buterin referred to his threshold for measuring different stages of L2s based on a decentralization scale.
“Stage 1 (75% threshold on the council to override the proof system, 26%+ of the council must be outside the rollup team) is a very reasonable moderate milestone. The multisigs I am in have not had a single liveness failure in years, let alone 26%. The era of rollups being glorified multisigs is ending. The era of cryptographic trust is upon us,” Buterin explained.
This ultimatum aligned with Buterin’s vision of advancing cryptographic trust. Recently, Buterin proposed a plan to scale Ethereum’s L1 and L2 protocols in 2025.
While this is the first time Base has overtaken Arbitrum, it is not the first time it has challenged its market position. In hindsight, Base TVL surpassed $2 billion in September after 400% growth, which saw it close in on Arbitrum’s $2.6 billion TVL.
Aerodrome remains the leading protocol on Base L2. It boasts up to $830 million in TVL, up 5% in the last week. Other leading protocols on Base include Morpho, Aave, and Uniswap.
As Base takes the lead, it is impossible to forget Arbitrum’s Achilles’ Heel. The network is still digging out of an 80% crash. Key interventions to recover include token buybacks and the recently rejected Nvidia accelerator program bid.
Crypto (@MikybullCrypto) 
