Experts view Circle&#8217;s initial public offering as a sign of the growing maturity and credibility of the crypto industry. Blackrock&#8217;s acquisition of a 10% stake in Circle is seen as a strong endorsement of the future of regulated stablecoins. IPO Success Hints at Changed U.S. Dynamics Following Circle&#8217;s fairly successful initial public offering, its stock […]

IPO Bonanza: Circle’s Opening-Day Surge Validates Stablecoins, Regulatory Transparency

Bitcoin price has stalled at $105,000 amid increasing spot ETF outflows and as 
sentiment among investors turned to neutral. Bitcoin (BTC) was trading at 
$105,550 on Sunday, June 8, up by 5% from its lowest point last week. It 
remains…

Bitcoin price stalls as spot ETFs bleed for second week

The price of bitcoin hovered at $105,384 on June 8, 2025, with a market 
capitalization of $2.09 trillion and a 24-hour trading volume of $15.81 
billion. Throughout the session, it moved within a tight intraday range of 
$105,112 to $105,891, indicating relative short-term stability amid a broader 
consolidation. Bitcoin The 1-hour chart analysis reveals a […]

Bitcoin Price Watch: Range-Bound Action Hints at Imminent Move

EU might make Bitcoin illegal, XRP and RLUSD aim to replace SWIFT, Elon Musk 
backs Coinbase warning: Bitcoin could replace Dollar, and more in this Week in 
Review. Week in Review Europe’s privacy regulators are weighing guidelines 
that could effectively criminalize Bitcoin transactions. Ripple is pitching 
XRP and its planned RLUSD stablecoin as a lightning-fast, […]

EU Might Make Bitcoin Illegal, XRP and RLUSD Aim to Replace SWIFT, and More  — Week in Review

Popular market analyst Ted Pillows has tipped Sui (SUI) for an impending price 
breakout. Notably, the prominent altcoin has recorded a steady price decline 
in the past month with an estimated loss of 17.18% within this period. 
However, Pillows notes the formation of a bullish pattern which indicates 
substantial market relief ahead. Related Reading: SUI Rally At Risk? Analysts 
Warn Of 30% Dip If This Level Doesn’t Hold SUI Gathers Momentum Ahead Of 
Showdown With Resistance In an X post on June 7, Pillows shares a positive 
insight into the SUI market despite a sustained downtrend throughout May and 
early June. The analyst notes that SUI appears to hit local bottom within the 
$2.8-$3.0 following a slight rebound in the past 48 hours. Interestingly, this 
recent price action could signal market reversal especially considering the 
formation of a bullish descending wedge pattern on the SUI daily chart. For 
context, the descending wedge is a classic bullish reversal pattern marked by 
two converging trend lines sloping downward as seen in the chart below. The 
price action within the wedge which typically consists of lower highs and 
lower lows but the decreasing slope of the lows signal a weakening bearish 
pressure. Considering the rebound from the $2.8 which represents the lower 
boundary of the descending wedge and the narrowing of both trend lines, 
Pillows postulates SUI is preparing for a major upside price breakout. 
However, the altcoin must overcome a crucial resistance at $3.5 price level 
which represents the upper boundary of the descending wedge pattern. Pillows 
explains that a successful daily price close above $3.5 is likely to trigger a 
robust buying pressure that could force a SUI market rally for the next 2-3 
weeks leading to a new all-time high. Based on the analysis presented, initial 
price targets are set at $4.00 indicating an instant return to the peak price 
region in May. However, with Pillows’ analysis hinting at a new all-time high, 
investors should expect any potential price breakout to hit a minimum price 
target of $5.21 representing a 60.8% gain on present market prices. Related 
Reading: Crypto Analyst Says This Bitcoin Top Signal Hasn’t Gone Off Yet — 
What To Know SUI Price Overview At the time of writing, SUI trades at $3.23 
representing a 2.33% gain in the past day. However, weekly and monthly losses 
of 1.01% and 17.10%, respectively suggests the altcoin still has ground to 
make up. Nevertheless, SUI remains one of the best performing tokens of the 
present market cycle with potential star of the altseason considering its 
211.11% in the last year. Featured image from Binance Academy, chart from 
Tradingview

Breakout In Sight? SUI Set To Test Crucial $3.5 Resistance With ATH In View

After a wave of crypto crimes, Didi Taihuttu and his “Bitcoin Family” revamped 
their security by splitting their Bitcoin seed phrase across four continents.