Sui rose over 19% on May 8, climbing from $3.33 to $3.92 in 24 hours, following a brief decline the day prior. The move came with a sharp rise in trading volume, signaling increased market activity. On May 7, SUI…

SUI price prediction as ETF filings, DeFi TVL boost sentiment

The SEC has finally filed its long-awaited settlement agreement with Ripple, 
signaling a pivotal moment that could unleash XRP’s momentum and reshape 
crypto regulation forever. SEC and Ripple File Final Settlement in XRP 
Case—Now All Eyes on Judge Torres The U.S. Securities and Exchange Commission 
(SEC) published a Litigation Release on May 8 announcing a […]

SEC Officially Files Settlement Agreement With Ripple Over XRP—Lawyer Outlines Next Court Moves

Bitcoin approached the $100,000 threshold on Wednesday after teasing a big 
international trade deal by US President Donald Trump. The agreement, as 
reported by The New York Times, will be with the United Kingdom and is to be 
formally announced at the White House on Thursday. Related Reading: XRP At 
$2.20? Analyst Insists It’s Not Too Late To Get In The cryptocurrency was at 
$99,200 as of publication, having risen from $97,100 when Trump initially 
posted about the deal on his Truth Social page. The post, published on May 7, 
stated that a &#8220;big trade deal&#8221; with a &#8220;highly respected&#8221; nation would be 
announced on May 8. Sources familiar with the situation indicated to The New 
York Times that the deal is with the UK. Speculation Linked To Bitcoin&#8217;s Rise 
Some Bitcoin observers think the trade deal has helped drive prices higher. 
FOMO21 co-founder Neil Jacobs wrote on X that Trump&#8217;s message was probably the 
main reason Bitcoin began rising. 🚨BITCOIN PUMPING, WHY??? TRUMP: BIG NEWS 
CONFERENCE TOMORROW 10AM EST IN OVAL, MAJOR TRADE DEAL WITH A BIG &amp; HIGHLY 
RESPECTED COUNTRY pic.twitter.com/QjHM95kXrE — Neil Jacobs (@NeilJacobs) May 
8, 2025 Bitcoin reached its latest high of $109,000 on January 20. That was 
only hours after Trump was inaugurated for his second term. Now, traders are 
holding their breath to see if this new wave of optimism will propel the coin 
to new highs. Market Sentiment Turns Greedy The mood in the crypto market has 
changed. According to statistics from the Crypto &amp; Fear Index, the sentiment 
is now &#8220;Greed&#8221; with a reading of 65. That indicates that most investors are 
optimistic and ready to take higher risks. Source: Alernative.me Meanwhile, 
Bitcoin&#8217;s recent 3% increase has caused approximately $96 million worth of 
short positions to be liquidated, as reported by CoinGlass. Short liquidations 
occur when bettors against Bitcoin are compelled to close their wagers because 
of price increases. Rates Remain Flat As Trump Resists Trump&#8217;s tweet saw print 
just a few hours after the US Federal Reserve chose to maintain interest rates 
as they were. The prevailing rate range is between 4.25% and 4.50%. Trump had 
been pushing the Fed to reduce rates, but the central bank made no move. As 
the Fed held firm, Bitcoin continued rising. That might be an indicator that 
investors are giving more credibility to trade reports and international 
politics than central bank policy—at least in the meantime. Related Reading: 
Bitcoin Mining Giant Abandons Full-Hold Strategy, Unloads $40M In Crypto BTC 
Action Tracks Tariff Tensions All the way back on February 1, Bitcoin topped 
$100,000 following Trump&#8217;s statement of new import tariffs on nations such as 
China, Canada, and Mexico. That was the last time that BTC was above six 
figures. Meanwhile, Bitcoin&#8217;s trajectory is still uncertain. But as political 
news gets hotter, investors are keeping close tabs of the news—and paying 
attention to the chart. Featured image from Gemini Imagen, chart from 
TradingView

Trump Trade News Ignites Bitcoin Mania—$100K Coming?

Alexander Mashinsky, the former CEO of crypto lending firm Celsius, was 
sentenced to 12 years in prison on Thursday after pleading guilty to two 
counts of fraud. Celsius Mashinsky Faces Justice The proceedings took place 
before US District Judge John G. Koeltl in Manhattan’s Southern District, 
where Mashinsky faced the repercussions of what prosecutors characterized as a 
sweeping scheme to defraud investors. In December, the crypto lender&#8217;s former 
CEO admitted guilt to charges of commodities fraud and manipulation of the 
Celsius token, CEL, leading to his current sentence. Related Reading: Bitcoin 
Soars Toward $100,000 As Treasury, Not Fed, Drives Liquidity: Expert 
Mashinsky’s legal troubles began in 2023 when he was arrested on multiple 
counts, including securities, commodities, and wire fraud. This arrest 
coincided with Celsius’s announcement of a $4.7 billion settlement with the 
Federal Trade Commission (FTC), one of the largest settlements in the agency&#8217;s 
history. The resolution of this settlement remains dependent on Celsius 
successfully returning the remaining customer assets amidst ongoing bankruptcy 
proceedings, emphasizing the scale of the fraudulent activities. SEC And CFTC 
Pursue Multi-Billion Dollar Fraud Prosecutors alleged that Mashinsky misled 
investors regarding the safety and profitability of Celsius’s yield-generating 
platform while simultaneously liquidating tens of millions of dollars in 
personal holdings. Initially, Mashinsky denied any wrongdoing, but his guilty 
plea and subsequent sentencing have brought this lengthy legal saga to a 
close. Related Reading: VWAPs Don’t Lie—XRP Faces Judgment Day At Monthly 
Support This case is part of a broader crackdown in the cryptocurrency sector, 
with the Securities and Exchange Commission (SEC) and the Commodity Futures 
Trading Commission (CFTC) also filing charges against Mashinsky and Celsius 
for orchestrating a multi-billion dollar fraud scheme. The scrutiny of 
Mashinsky and his actions mirrors the fates of other high-profile crypto 
executives, including FTX founder Sam Bankman-Fried and Binance’s Changpeng 
Zhao, as well as Do Kwon of Terraform Labs, all of whom faced serious legal 
challenges in the country. Featured image from DALL-E, chart from 
TradingView.com

Celsius Founder Alex Mashinsky Receives 12-Year Prison Sentence

Securitize, a leading digital securities platform, announced a strategic 
equity investment from Jump Crypto on May 8 to enhance institutional access to 
tokenized real-world assets (RWAs) and improve collateral management 
solutions. Strategic Tie-Up Aims to Bridge Traditional Finance With Onchain 
Assets The Jump Crypto and Securitize partnership aims to leverage blockchain 
technology to address liquidity, […]

Jump Crypto Takes Strategic Stake in Securitize to Bolster Blockchain Finance

Markets were flashing green on Thursday as trade tensions eased following 
confirmation of a trade agreement between Washington and London. The Dow Jones 
Industrial Average gained 254 points, or 0.62%, while the S&amp;P 500 lagged 
slightly with a 0.58% gain.…