Latest news with #Aptos
Yahoo
a day ago
- Business
- Yahoo
SUI Price Prediction - What could affect SUI's future price?
Sui price prediction remains mixed as bearish pressure from a major exploit recovery and upcoming token unlocks weighs on sentiment, while bullish momentum builds from ecosystem expansion and growing institutional adoption. - Cetus DEX exploit ($223M stolen) weighs on sentiment but community recovery efforts mitigate damage - June token unlocks ($206M) risk increasing selling pressure - Technical indicators show weakening momentum near key $3.40 support. - BTCFi growth and ETF filings signal long-term institutional interest Sui faces sector-wide headwinds with crypto's Fear & Greed Index at 61 (Greed) and altcoins underperforming Bitcoin. However, its BTCFi sector now holds $300M in BTC, positioning Sui as a Bitcoin DeFi hub. Competitors like Solana and Aptos also face June unlocks, creating sector-wide liquidity tests. The May 22 Cetus Protocol exploit temporarily crushed SUI's price (-8%) and ecosystem tokens, but 90% validator approval for frozen asset recovery demonstrates crisis-response capability that could rebuild trust. MACD: Bearish crossover with histogram at -0.0798 RSI: Neutral at 47.09 (14-day) but below equilibrium Key Levels: Immediate support at $3.40 (200-day SMA + Fibonacci 61.8%). Break below risks test of $3.14 swing low Volume: 19% spike during May 30 flash crash shows vulnerability to whale moves The descending channel from May highs suggests resistance at $3.72-$3.88 needs to break for bullish reversal. June 2 Token Unlock: 58.35M SUI ($206M) enters circulation - equivalent to 1.75% of market cap ETF Developments: 21Shares/Nasdaq ETF filing under SEC review until Jan 2026 Mysticeti v2 Upgrade: Faster transaction finality could boost DeFi activity post-recovery Institutional Partnerships: Microsoft Fabric integration via Space and Time expands developer access Sui's price trajectory hinges on whether ecosystem growth outpaces unlock-driven selling and exploit fallout. The $3.40 support level and Cetus' recovery timeline (targeting full relaunch by June 6) are critical watchpoints. Will Sui's BTCFi momentum attract enough capital to offset June's $2.7B sector-wide unlock pressure? Sui price prediction is mixed, as bullish optimism driven by tech upgrades and institutional adoption contrasts with bearish concerns over centralization debates following the recent hack. Volatile price action reflects the market's uncertainty about SUI's short- to mid-term trajectory. - Ecosystem growth (BTCfi dominance, DeFi TVL ATH, institutional ETF filings) fuels bullish narratives. - Cetus Protocol hack ($223M exploit) sparks debates on Sui's decentralization and validator control. - Price volatility persists (-8% post-hack, +239% YoY) amid conflicting technical and fundamental signals. Bullish drivers dominate long-term sentiment:- Institutional adoption: Nasdaq/21Shares ETF filings, Athens Stock Exchange pilots, and Fireblocks custody support.- Tech momentum: Mysticeti v2 (faster consensus), Move VM 2.0 (30–65% speed boost), and Walrus storage protocol (725 TB filled).- DeFi growth: TVL hit $2.06B (+70% MoM), led by Suilend ($675M) and Cetus ($235M). Bearish pressures stem from short-term risks:- Cetus hack fallout: $SUI dropped 8% on May 22 after $223M exploit, though 90% of frozen funds are set for recovery.- Centralization critiques: Validators' ability to freeze assets triggered debates, with critics calling Sui 'a database with extra steps'. BTCfi expansion:- 10% of Sui's TVL now tied to Bitcoin DeFi via protocols like Babylon and Lombard, positioning it as a BTCfi hub. Gaming/social traction:- RECRDapp (1M daily users) and SuiPlay0X1 device (70+ games) drive adoption, with Parasol's Pokémon HOME integration sparking speculation. Regulatory tailwinds:- SEC progress on altcoin ETFs (75% approval odds per Bloomberg) and the GENIUS Act's stablecoin rules could benefit Sui's institutional pipeline. Sui's narrative hinges on balancing rapid ecosystem growth against post-hack trust rebuilding. While technical upgrades and BTCfi adoption suggest long-term upside, June's $206M token unlock and lingering centralization concerns could pressure prices near-term. Watch this: Will Sui's validator-led asset freeze set a precedent for centralized crisis management in 'decentralized' ecosystems? To get the latest update on SUI, visit our SUI currency page. Content created: 30th May 2025 Disclaimer: Content generated by CMC AI. CMC AI can make mistakes, please DYOR. Not financial advice.
Zawya
4 days ago
- Business
- Zawya
Best cryptos to invest in for short term: 3 smart picks before the next market surge
In a digital world flooded with tokens and promises, most crypto projects still fall short when it comes to solving real-life problems. Wallets, endless switching between platforms, and chains that don't talk to each other — it's all a mess. That's where Qubetics ($TICS) steps in. This next-gen Web3 aggregator isn't just aiming to be another coin—it's becoming the core infrastructure that everything else can plug into. Across multiple blockchains, with zero middlemen. It's built for how digital finance should work, not how it used to. Contents1. Qubetics ($TICS): The Web3 Giant Redefining Digital Finance in 20252. Filecoin (FIL): Redefining Digital Storage Through Decentralization3. Aptos (APT): High-Speed Blockchain for Real-World Web3 AdoptionConclusionFor More Information:FAQs The blockchain and crypto world is moving fast. Recent innovations in Web3 tools and interoperability are reshaping how we interact with digital assets, not just hold them. From high-speed Layer 1 networks like Aptos to decentralized data vaults like Filecoin, the space is evolving. But Qubetics is leading that charge by tackling fragmentation and delivering usability. Analysts predicting powerful short-term returns, $TICS is becoming the top coin to watch in 2025—and one of the best cryptos to invest in for short term. 1. Qubetics ($TICS): The Web3 Giant Redefining Digital Finance in 2025 Is your digital wallet really yours, or are you still relying on centralized platforms? That's the question most folks in the crypto space are asking themselves today. With data breaches, blockchain fragmentation, and painfully slow transactions haunting the crypto community, Qubetics ($TICS) enters the arena with a practical fix: the world's first true Web3 aggregator. Unlike its predecessors, this powerhouse project actually delivers on what matters—true ownership, seamless access across chains, and frictionless digital experiences. Currently in its 36th crypto presale stage, Qubetics has already raised over $17.4 million, selling more than 514 million $TICS tokens to over 27,100 holders. With a presale price of $0.3064, predictions are setting off alarms. Currently priced at $0.3064, $TICS presents a compelling investment opportunity if its projected future values are realized. At a price of $1 after the presale, it would yield a return on investment (ROI) of approximately 226%. Should $TICS reach $5, the ROI would rise sharply to around 1,531%, and at $6, the return would further increase to about 1,858%. Why did this coin make it to this list? It solves critical pain points in the ecosystem. Its Non-Custodial Multi-Chain Wallet is a game-changer. And the ROI projections in the crypto presale stage simply can't be ignored. 2. Filecoin (FIL): Redefining Digital Storage Through Decentralization What happens when cloud storage meets blockchain tech? You get Filecoin—an OG project with a fresh purpose in 2025. With the growing demand for decentralized data storage, Filecoin is back on the radar, pushing hard as a key player in Web3 infrastructure. Think about it: every dApp, DeFi platform, and metaverse needs to store data securely. Filecoin allows folks to rent out unused storage space and earn rewards, creating a fully decentralized, open-source data storage network. In 2025, Filecoin is diving deeper into edge computing and integrating with major Layer 1 ecosystems. The project's smart-contract compatibility through the Filecoin Virtual Machine (FVM) has supercharged its capabilities, giving developers a new playground to build decentralized storage apps. That's a massive leap forward for the whole Web3 movement. Why did this coin make it to this list? Filecoin enables decentralized cloud storage for the Web3 world. It's becoming vital infrastructure. And that's why it's one of the best cryptos to invest in for short term. Its role in enabling NFT metadata storage, DAOs' data sovereignty, and secure backup for DeFi protocols makes Filecoin an essential layer in the crypto puzzle. For More Information: Qubetics: Presale: Telegram: Twitter: FAQs 1. What is the best crypto coin to buy now for short-term gains in 2025?Qubetics ($TICS) is currently a top choice due to its real-world applications, powerful multi-chain wallet, and impressive presale numbers, making it one of the best cryptos to invest in for short term. 2. Is Qubetics worth buying during its crypto presale?Yes, with a presale price of $0.3064 and potential post-launch valuations as high as $15, $TICS offers a massive upside for those eyeing the crypto presale opportunity in 2025. 3. How do Filecoin and Aptos differ from Qubetics in terms of use case?Filecoin focuses on decentralized storage, Aptos on scalable transactions, while Qubetics is building a full-fledged Web3 aggregator with real-world functionality and cross-chain solutions—making it a standout in the best cryptos to invest in for short term.
Cision Canada
5 days ago
- Business
- Cision Canada
Bybit Lists USDC on Aptos, Launches Super Event With Over 20,000 APT Up for Grabs
DUBAI, UAE, May 27, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, now supports native USDC on the Aptos blockchain for the first time. This milestone allows users to trade USDC and earn APT directly on the platform. "As one of the world's top 10 blockchains for stablecoins, the Aptos network provides the fast, secure, and scalable infrastructure needed to bring stablecoins into the mainstream and unlock their real-world utility. Collaborations with leading exchanges like Bybit to integrate USDC on Aptos are crucial to realizing that vision — driving broader access, enabling seamless global transactions, and powering the next generation of financial systems," said Ash Pampati, Head of Ecosystem at Aptos Foundation. "Bybit is proud to unite the world's top ecosystems — Aptos and USDC — into a single, seamless experience for our users. This integration not only strengthens the foundation of Web3, but also champions safe, regulated adoption of crypto at a global scale. Together, we're building the rails for a future where finance is open, inclusive, and seamless," said MK Chin, Head of Ecosystem Partnerships at Bybit. In recognition of this launch, Bybit has launched the Bybit x Aptos Super Event — a month-long celebration offering a total of over 20,000 APT in rewards through staking, trading, and exclusive bonuses for new users. The event runs until June 26, 2025, and gives participants multiple ways to earn APT, whether they're long-time crypto enthusiasts or just getting started. Three Reward Opportunities 1. On-Chain Earn Staking Event Participants who stake APT via Bybit's On-Chain Earn and maintain their position for at least 24 hours during the event period will be eligible for a share of 5,000 APT. 2. New User Exclusive – Token Splash Eligible new users who complete identity verification and meet the deposit and trading criteria will receive 5 APT. Rewards are distributed from a 5,000 APT prize pool and limited to the first 1,000 qualified participants. This activity ends on June 9, 2025. 3. Spot Trading – Token Splash Users who trade a minimum of US$300 worth of APT on Bybit Spot during the campaign period will receive a share of a 10,000 APT prize pool. Individual rewards are capped at 400 APT. Aptos (APT) is the native token of the Aptos blockchain, a scalable Layer 1 network built for secure and efficient decentralized applications. On Bybit On-Chain Earn, users can stake APT to receive daily rewards, enjoy flexible redemption, and contribute to the network's security. More information is available here. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Yahoo
24-05-2025
- Business
- Yahoo
Why Crypto Investors Were Shunning Sui Today
A hacker made off with hundreds of millions of dollars in funds from a DEX using Sui. Much of the funds were recovered, but not all. 10 stocks we like better than Sui › Touted by proponents as an effective, lightning-fast alternative to rival blockchains, Sui (CRYPTO: SUI) wasn't having a good Friday. As of this writing the Sui token was trading down by more than 5% in value from 4 p.m. ET, due mainly to a hack suffered by a decentralized exchange (DEX). An investor would have been better served sticking with equities than buying Sui, as the S&P 500 index dipped by a relatively modest 0.4% during the stock trading day. That DEX, Cetus Protocol, is built mainly on the Sui and Aptos chains. That morning, Cetus announced in a posting on its official X (formerly Twitter) account that it was attacked by a hacker. This perpetrator apparently stole assets worth roughly $223 million. The DEX said that it had successfully paused $162 million of those funds, but that leaves $61 million lost. It added that it was working with developer the Sui Foundation and others to determine follow-up moves. According to crypto news site The Daily Hodl, Cetus has identified the Ethereum wallet controlled by the alleged thief, and was negotiating to obtain the remainder of the stolen monies. Cetus is the largest DEX and liquidity protocol on the Sui chain, so a security breach is deeply concerning for anyone that holds the cryptocurrency. When a hack occurs in the crypto world, it can often be challenging for even the best blockchains to cope with the loss to their reputation, never mind the financial fallout from such incidents. Sui has a great many users and supporters, largely because transactions on the chain are quick and the system generally seems reliable. Hopefully it won't lose too much trust because of the attack. Before you buy stock in Sui, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Sui wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor's total average return is 963% — a market-crushing outperformance compared to 168% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Eric Volkman has positions in Ethereum. The Motley Fool has positions in and recommends Aptos, Ethereum, and Sui. The Motley Fool has a disclosure policy. Why Crypto Investors Were Shunning Sui Today was originally published by The Motley Fool
Globe and Mail
23-05-2025
- Business
- Globe and Mail
Why Crypto Investors Were Shunning Sui Today
Touted by proponents as an effective, lightning-fast alternative to rival blockchains, Sui (CRYPTO: SUI) wasn't having a good Friday. As of this writing the Sui token was trading down by more than 5% in value from 4 p.m. ET, due mainly to a hack suffered by a decentralized exchange (DEX). An investor would have been better served sticking with equities than buying Sui, as the S&P 500 index dipped by a relatively modest 0.4% during the stock trading day. Hack attack That DEX, Cetus Protocol, is built mainly on the Sui and Aptos chains. That morning, Cetus announced in a posting on its official X (formerly Twitter) account that it was attacked by a hacker. This perpetrator apparently stole assets worth roughly $223 million. The DEX said that it had successfully paused $162 million of those funds, but that leaves $61 million lost. It added that it was working with developer the Sui Foundation and others to determine follow-up moves. According to crypto news site The Daily Hodl, Cetus has identified the Ethereum wallet controlled by the alleged thief, and was negotiating to obtain the remainder of the stolen monies. Cetus is the largest DEX and liquidity protocol on the Sui chain, so a security breach is deeply concerning for anyone that holds the cryptocurrency. A hit to reputation it didn't need When a hack occurs in the crypto world, it can often be challenging for even the best blockchains to cope with the loss to their reputation, never mind the financial fallout from such incidents. Sui has a great many users and supporters, largely because transactions on the chain are quick and the system generally seems reliable. Hopefully it won't lose too much trust because of the attack. Should you invest $1,000 in Sui right now? Before you buy stock in Sui, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Sui wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $640,662!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $814,127!* Now, it's worth noting Stock Advisor 's total average return is963% — a market-crushing outperformance compared to168%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of May 19, 2025
