Sui (SUI) Price Prediction: 89% Correction Completed—Could This Mark the Start of a New Bull Cycle?

The price of SUI is stabilizing near the $0.90–$0.93 range, drawing renewed attention from traders after an extended correction phase.  Recent data shows modest intraday fluctuations, but the broader focus has shifted toward whether the sharp 89% drawdown from previous highs has fully reset the market. This evolving setup is now central to the latest Sui price prediction, as market participants weigh early signs of accumulation against lingering bearish pressure.  SUI Price Analysis: Consolidation Signals a Potential Turning Point  The latest SUI price analysis reflects a market transitioning from a prolonged downtrend into a consolidation phase. On the 4-hour chart, price action has tightened around the $0.92–$0.93 level, indicating reduced volatility and fading selling pressure.  At the same time, other analysts point to a bearish pennant formation on the daily chart. This pattern reflects price compression following a strong downtrend and typically precedes a breakout—though the direction remains uncertain. With the RSI hovering around 46, momentum appears neutral, offering no strong confirmation of either bullish or bearish dominance.  Technical Indicators Highlight Mixed Market Signals  A deeper look at technical indicators reveals a divided outlook for the SUI crypto price prediction. Oscillators largely remain neutral, suggesting indecision in the short term. While some indicators hint at oversold

04-30Industry

Senator Tillis Backs CLARITY Act Markup After Stablecoin Talks

Eleanor Terrett reported that Senator Thom Tillis is ready to push the CLARITY Act forward to markup.Tillis said he generally supports Senator Cynthia Lummis approach to software developer concerns.Stablecoin yield text could be released four to five days before markup after stakeholders review it.  Eleanor Terrett reported on X that Senator Thom Tillis is ready to push the CLARITY Act toward a markup after lawmakers return from recess. Tillis said he would ask the chair to schedule the committee step, adding that negotiators had made progress and that the bill should move before the committee.  The update adds a fresh Senate signal for a crypto market structure bill that has faced months of delays. However, stablecoin yield language, ethics demands, and software developer protections remain central to the debate as the White House continues to press for passage.  Tillis Signals Markup Push  According to Terrett, Tillis made the remarks in a reporter gaggle on Capitol Hill after the Warsh vote. He said, “I‘m going to ask the chair to move forward with scheduling a markup when we get back… I think we’ve made a lot of progress… and its time to get it before the committee to move it forward.”  The statement gives the CLARITY

04-30Industry

Iran offers combat insights to SCO allies, impacting US-Iran ceasefire outlook

Tech  Iran offers combat insights to SCO allies, impacting US-Iran ceasefire outlook  Irans proposal to share combat experiences against US forces with SCO allies has traders reevaluating the odds of a US-Iran ceasefire. The market for a ceasefire announcement by April 30 is at 1.1% YES, down from 3% yesterday and 16% a week ago.  Market reaction  Iran‘s offer at the SCO summit strengthens anti-US military alignment and is dragging down the US-Iran ceasefire market. This coincides with Iran’s insistence that the US naval blockade violates the current truce, adding further downward pressure. The April 30 contract sits at rock-bottom levels.  Why it matters  For the US-Iran diplomatic meeting by June 30, the “no meeting” odds are 22.2% YES, up from 16% yesterday. Iran choosing military alliances over diplomacy is bearish for direct negotiations with the US, pushing odds higher that no talks materialize by the deadline.  The ceasefire market has $17,092 in total USDC traded, and it takes just $1,875 to shift the price by 5 points. This is a thin market where a few large trades create outsized moves. The largest price move was a 3-point drop, consistent with trader skepticism about any near-term diplomatic progress.  What to watch  At 1¢, a YES share pays $1 if

04-30Industry

Bitcoin (BTC) Rally Fueled by $7.2B Strategy Buys, Says Bitwise CIO

Bitcoin (BTC) has climbed 21% from its February low of $62,822, fueled in large part by consistent buying from Michael Saylor‘s Bitcoin treasury firm, Strategy. According to Bitwise chief investment officer Matt Hougan, Strategy’s massive $7.2 billion Bitcoin buying spree over the past eight weeks has been the “single biggest factor” behind the rally, outpacing other drivers like ETF inflows and long-term holder activity.  Bitcoin was trading at $76,595 as of April 29, slightly off its weekly high of $79,321 but maintaining a solid recovery since February. Hougan highlighted that Strategys recent purchases, funded by its issuance of perpetual preferred stock (ticker: STRC), have had an outsized impact on the market. “Most of the capital raised by issuing STRC is used to purchase BTC on the open market,” Hougan said in a note.  Massive Accumulation Puts Strategy Ahead of BlackRock  Between April 20 and April 26, Strategy acquired 3,273 Bitcoin for $255 million, bringing its total holdings to an industry-leading 818,334 BTC. This figure surpasses BlackRocks estimated Bitcoin holdings of 812,300 coins, making Strategy the largest publicly listed corporate Bitcoin holder.  Hougan also speculated that Strategy‘s buying could continue for the foreseeable future. The company’s STRC stock offers an 11.5% yield, which has attracted

04-30Industry

Pump.fun is Switching its PUMP Burning Strategy to SOL

Burn Mathematics and Revenue Distribution of SOL-Based Pump.fun  Pump.fun burned %36 of the circulating PUMP supply in nine months with two Solana transactions from revenue generated by its three core products like bonding curve, PumpSwap, and Terminal. This was recorded as one of the largest single supply reductions in crypto history. Burning involves sending tokens to an address that no one controls, permanently removing them from circulation. In the previous model, every dollar of revenue supported PUMP, but the price traded horizontally below the launch value throughout 2026. Sources like DefiLlama and team shares indicate that lack of trust and uncertainty in the business model triggered this situation. Although the platform has generated nearly a billion dollars in lifetime revenue, it declined from the 971,37 million dollar peak in 2025 to 320 million dollars annually in 2026.  The strategy change carries the risk that shrinking revenue due to the cyclical nature of memecoin volume could lead to smaller burns. On the other hand, the mathematics of eroding the remaining supply is positive: since half of future revenue is locked into weekly burns, supply pressure against demand will decrease. Rare projects like Pump.fun that generate real cash flow at this scale signal to

04-30Industry

Iran threatens retaliation for Khameneis killing amid leadership instability

The retribution threat has traders watching for increased instability in Irans leadership. The Iran Leadership Change market is likely to react to continued tensions, with odds of a leadership change by December 31 facing upward pressure. The Iranian Regime Fall market sits at 8% YES for June 30, up from 7.5% a day ago.  The term structure shows a sharp jump between April 30 and June 30, where odds climb from 0.1% to 8%. Traders are pricing in a potential catalyst over the coming months. The April 30 market, with only one day left to resolve, is effectively dead at 0.1% YES. June is where traders expect action, driven by the ongoing conflict and leadership instability.  The face value across these markets is $4.3M, but actual USDC traded is $38,351. Order book depth implies it would take $23,933 to move the June odds by 5 percentage points, a relatively thick market. Any substantial shift would need significant trading activity or new developments.  Iran‘s rhetoric points to a fragile regime, but that’s far from a guarantee of collapse. The June 30 odds show trader sentiment: a YES share at 8¢ pays $1 if the regime falls, a 12.5x return. This bet requires belief in

04-30Industry

Visa Expands Stablecoin Network as Volume Hits $7B

Visa expanded its stablecoin settlement pilot to five additional blockchain networks.The program now operates across nine networks and reports a $7 billion annualized run rate.Visa recorded a 50% increase in settlement volume compared to the previous quarter.The newly added networks include Base, Polygon, Canton Network, Circles Arc, and Tempo.Visa said the multichain approach allows partners to settle transactions in near real time using stablecoins.  Visa expanded its stablecoin settlement pilot to five new blockchains as annualized volume reached $7 billion. The payments company reported a 50% increase from the previous quarter and confirmed broader multichain coverage. The program allows issuers and acquirers to settle transactions using stablecoins instead of traditional banking systems.  Visa Adds Five Blockchains to Stablecoin Pilot  Visa confirmed that its settlement pilot now operates across nine blockchain networks. The newly supported networks include Coinbase‘s Base, Polygon, Canton Network, Circle’s Arc, and Stripe-backed Tempo. These platforms join Ethereum, Solana, Avalanche, and Stellar, which Visa integrated earlier.  The company said the pilot enables partners to complete settlements with stablecoins rather than bank transfers. As a result, participants can move funds using blockchain-based dollars in near real time. Visa stated that this structure reduces delays linked to traditional cross-border banking systems.  Visa reported that the

04-30Industry

Morgan Stanley Executive On Bitcoin: We Are Still So Early On This Journey

Bitcoin  Morgan Stanley Executive On Bitcoin: ‘We Are Still So Early On This Journey’  Morgan Stanley launched its bitcoin exchange-traded product, the Morgan Stanley Bitcoin Trust (MSBT), into a market it believes is still in its infancy.  At a panel on Wednesday moderated by Tyler Evans, Amy Oldenburg, the bank‘s head of digital assets, spent the better part of an hour making a case for bitcoin that few clients have heard in full, and said that gap is the industry’s most urgent problem.  “We have to start with bitcoin,” Oldenburg told the audience, citing the assets roughly 1.5 trillion dollar market cap and its distance from the rest of the crypto landscape.  She was careful to draw a line between bitcoin and crypto as a broad category, a distinction she said most retail and institutional clients still do not make with confidence. The firm wants to see that distinction anchored in fundamental research, not just narrative.  Oldenburg: Bitcoin has an education problem  The education problem, she said, runs deep. Many investors still associate bitcoin with its early history of use by bad actors, and struggle to see past that frame when weighing an allocation.  Oldenburg said that when clients ask about yield or structured exposure, her team tries

04-30Industry

Bitcoin ETFs fuel institutional surge, 21Shares CIO sees $100K possible by year-end

Latest developments: ETF inflows are signaling renewed confidence from traditional investors.Spot Bitcoin ETFs have absorbed almost $2 billion year-to-date, 21Shares CIO Adrian Fritz said on CoinDesks Public KeysDemand is coming from a mix of retail investors, institutions, and hedge funds using arbitrage and options strategiesMorgan Stanley and other major asset managers entering crypto are accelerating institutional adoption  Why it matters: Liquidity — long a concern for skeptics — is no longer a barrier.Bitcoin now rivals mega-cap equities like Nvidia, with daily trading volumes exceeding $50 billion, Fritz saidETF structures provide both primary and secondary market liquidity, making the asset “institutional ready”Portfolio managers are increasingly viewing bitcoin as a viable multi-asset allocation despite volatility concerns  Reading between the lines: The ETF boom didnt happen overnight.Adoption has been gradual, requiring education and comfort with cryptos role in portfoliosInvestors are still grappling with correlations, volatility, and macro sensitivityThe steady build in flows suggests a structural — not speculative — shift in demand  What to watch: Several catalysts could push Bitcoin past the key $80K level.Improving geopolitical sentiment, including any resolution tied to global conflicts, could boost risk appetiteContinued ETF inflows remain a core driver of structural demandNegative perpetual futures funding rates could trigger short squeezes on

04-30Industry

BTC Weekly Analysis Apr 29

Bitcoin  BTC Weekly Analysis Apr 29  BTC closed the week with a 1.18% decline while maintaining its sideways trend structure; consolidation around $75,000 prevails under short-term bearish signals. Long-term uptrend integrity continues as long as critical supports hold, and breaking $76,400 resistance will be key for bullish momentum.  Weekly Market Summary for BTC  BTC closed the week at $75,352 and exhibited a narrow sideways movement in the $74,937 – $77,905 range. The weekly change was -1.18%, while the volume profile remained limited at $20.38 billion. The market shows bearish short-term signals below EMA20 ($75,460) (RSI 54, MACD negative histogram), but the overall trend is defined as sideways. In the big picture, BTC retains accumulation phase characteristics in the post-halving cycle, though macro uncertainties (interest rates and regulations) are limiting volatility. For position traders, expect a trend breakout this week; check here for details on BTC Spot Analysis.  Trend Structure and Market PhasesLong-Term Trend Analysis  On long-term weekly and monthly charts, BTCs uptrend structure remains intact; the correction from post-April 2024 halving highs points to a classic cyclical accumulation stage. On higher timeframes (1W/1M), the price remains above the 200-week SMA (around $68,500), which serves as the main trend filter. The current sideways consolidation carries accumulation characteristics

04-30Industry
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