jpyxx On May 10, SUI decided to have a midlife crisis and surged from $0.92 to $1.39 in 36 hours. By May 11, it was sitting pretty at $1.2680, up 37% on the week and 10.7% on the day. Because, you know, why not?
In a May 11 op-ed-a manifesto of modern bureaucracy-and a post on the enigmatic X, Patel spins his tale. He, the ninth FBI Director, crowned on Feb. 20, 2025, paints AI as the savior in the bureau’s grand modernization opera. Yet, when he and Deputy Director Dan Bongino first stepped into this theater of the absurd, AI, he claims, was but a ghost, lurking in the wings with “almost zero role.” Lo and behold, an AI working group emerged, a chief AI officer was anointed, and an AI Review Board took its seat-a trinity of progress, or so the story goes.
According to SlowMist’s reckonin’, the counterfeit extension slips into the Chrome Web Store as a MV3 (Manifest V3) version of TronLink, a ploy to dodge the early watchdogs. After a user installs it, the thing loads a remote interface that imitates the official wallet so well you’d swear it came from the same printer. Folks then type in private keys, mnemonic phrases, and passwords into a page controlled by the bad actors, and the information is snatched away faster than a cat at a canary party.
The fully diluted valuation has climbed to $3 billion, which would impress a man in a library if numbers was his friend. The boss, Jeremy Allaire, hints they’ll be boogying into the “apps business” as well.
Although the 200-day Moving Average (currently at $82,610) and the Stock-to-Flow (STH) realized price ($81,200) aren’t exactly the same, they’re very close – just $1,410 apart. This suggests Bitcoin isn’t facing a single resistance level, but rather a ‘compression zone’ where both technical factors and the underlying fundamentals are creating pressure. The 200-day Moving Average acts as a key technical indicator, distinguishing between a market recovering and one still in a downtrend. As long as the price closes below this level each day, the overall trend remains negative, regardless of what shorter-term moving averages might indicate.
BlackRock’s latest tokenized fund filing has thrust Ethereum back into the spotlight, presumably because nothing says “serious finance” like a blockchain that’s basically a digital version of a 1990s stock market crash. Who knew?
The Senate Banking Committee, in all their bureaucratic glory, has penciled in a markup for Thursday, May 14, at 10:30 a.m. ET. Yes, while you’re sipping your third coffee, they’ll be deciding the fate of crypto. How thrilling! This would be the first time a full U.S. crypto market structure bill gets a committee vote. Cue the confetti… or the panic, depending on who you ask.
Solana, that flighty flirt, began a dalliance with the $88 zone, only to rise, like a phoenix from the ashes, above the $92 level, entering a short-term positive zone, where all is right with the world.
This pronouncement arrives as the long, grim shadow of the US-Iran conflict stretches over markets, and inflation, like an obstinate peasant, clings to prices with a stubborn grip, threatening to pull down the 2% target, that pale star of policy, as if it were a poor lantern in a gusty corridor.
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