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The latest trading tales of Hyperliquid whales like Andrew Tate and James Wynn underscore that fortunes can be made and lost in the blink of an eye in the DeFi space. Andrew Tate’s recent X post highlights a staggering 138.5% gain on an Ethereum long position with 25x leverage on Hyperliquid. This impressive trade starkly
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The post SUI Crypto Price Breaks $3.89: Bullish Momentum Signals $11 Target Ahead appeared first on Coinpedia Fintech News
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup.
Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This shows how fundamentally strong SUI crypto is, and that is why it is trying to sustain above important Fibonacci levels.
In Q2 2025, the SUI price has stayed in a higher-highs and higher-lows structure and followed the 20-day EMA band dynamic support. Technically, the SUI seems poised for a run. Even experts are positive that soon it will break its $5.37 high and reach a target beyond $11.
Moreover, the recent market capitalization of $13 billion reflects its increasing significance in the market. Importantly, the Q1 correction appears much like a calculated retest and not a breakdown when seen in Q2 of 2025.
Also, all the price points on both short and long-term charts still respect the key structural points. Even on-chain metrics support its bullish narrative. Keep reading to know more.
In a recent analysis, an expert highlighted the resilience of the SUI crypto, which has successfully maintained its Inverse Head & Shoulders breakout after surpassing the neckline around $3.65 to $3.75.
With the current price hovering around $3.89, SUI continues to hold above essential support levels, reinforcing a bullish outlook.
#SUI Update: Bullish Structure Intact – Retest in Progress$SUI is holding its Inverse Head & Shoulders breakout. After breaking the neckline around $3.65–$3.75, price pushed up to $3.94 and is now pulling back — retesting the breakout zone.
This is a healthy retest, keeping… pic.twitter.com/HT545JqYq9
— Rose Premium Signals
(@VipRoseTr) May 20, 2025
Maintaining a position above the $3.65 to $3.70 range is vital for confirming the strength of this bullish setup, while a drop below $3.60 could invalidate the positive pattern.
While another analyst says on the weekly chart, the SUI price has been moving within this ascending wedge pattern, with consecutive impulsive waves to the upside.
The analyst, based on his technical perspective, highlights that SUI is getting ready for its next major move, and per his SUI price projection he projects an target upto $11.50 next.
Bullish on the future of $SUI
?
From a technical perspective, #Sui is getting ready for its next major move up.(currently in the consolidation process).
Since its creation, $SUI has been moving within this ascending wedge pattern, with consecutive impulsive waves to the… pic.twitter.com/r5PUyiRMZs
— Bitcoinsensus (@Bitcoinsensus) May 21, 2025
The social volume indicates a continuation of the ongoing short-term trend, and a rise in the social volume also indicates the rising awareness regarding SUI crypto.
Furthermore, the development activity reflects the level of activity in the form of ongoing projects and developments in the crypto. The developer’s activity shows that it is on the rise, which means the number of pure developments on its GitHub repository is increasing with time.
Both these metrics are important factors that highlight the long-term reliability of a project.
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post SUI Crypto Price Breaks $3.89: Bullish Momentum Signals $11 Target Ahead appeared first on Coinpedia Fintech News
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup. Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This …
West Texas Intermediate (WTI) crude oil prices fell below the $70 mark at Monday’s closing bell, and the downward trend…
The post eToro CEO Reveals $5 Bitcoin Buy and $50M Exit – Here’s the Wild Story appeared first on Coinpedia Fintech News
eToro’s Yoni Assia Joins Squawk Box to unpack the firm’s Nasdaq IPO, $50M Bitcoin bet, and fintech future. With 130+ crypto assets and a $5.5B valuation, eToro eyes Gen Z’s $140T wealth shift, leaving behind rivals like Robinhood.
Imagine this: buying Bitcoin at $5 and flipping it for a $50 million profit. That’s the daring move eToro, led by CEO Yoni Assia, pulled off in the early 2010s, well before crypto fever grabbed the world.
In a recent CNBC interview, Assia spilled the details on eToro’s early gamble, a story of foresight, fortune, and a boardroom decision that still stings.
eToro dove into crypto when it was an unknown territory. “We were very early,” Assia said, recalling how the company’s treasury snagged Bitcoin at $5, only to watch it rocket to $50,000.
The board, wary of straying from eToro’s core, forced a sale at $50 million as they cleared that Bitcoin is not their business area. Assia, with a sneaky grin, hinted he might’ve “fired” those cautious board members.
This week, eToro hit a major milestone, listing on Nasdaq after shelving a 2021 SPAC plan. Patience paid off: 2024 saw $192 million in net income, with crypto driving $12 million. Crypto trading now fuels 25% of eToro’s business, up 10% from last year, with over 130 digital assets offered globally.
eToro’s crypto cred runs deeper. Ethereum’s Vitalik Buterin once worked from their offices before launching his blockchain revolution, a nod to eToro’s early clout. This only highlights how early eToro was in crypto before the big fintech firms roped in.
It felt like eToro entered Bitcoin in its early stage, only to fumble it. However, it could not be part of their core investment strategy.
Assia remains steadfast: “Crypto is here to stay.” While stocks now drive 75% of revenue, and keep a quarter for digital currency trading. From a $5 Bitcoin bet to Nasdaq’s bright lights, eToro’s journey reflects crypto’s meteoric rise, and its story is far from over.
Yoni Assian’s eToro bought Bitcoin for $5 in its initial days, only to sell it at $50,000. Well, the board members, specially eToro may still feel like it was a bad move and should have HODL.
Nevertheless, with some top crypto leaders like Changpeng Zhao seeing Bitcoin cross $1M in the coming years, will Yoni’s eToro consider making a fresh start?
The post eToro CEO Reveals $5 Bitcoin Buy and $50M Exit – Here’s the Wild Story appeared first on Coinpedia Fintech News
eToro’s Yoni Assia Joins Squawk Box to unpack the firm’s Nasdaq IPO, $50M Bitcoin bet, and fintech future. With 130+ crypto assets and a $5.5B valuation, eToro eyes Gen Z’s $140T wealth shift, leaving behind rivals like Robinhood. Imagine this: buying Bitcoin at $5 and flipping it for a $50 million profit. That’s the daring …