BTC, Ethena & Sui Price Forecast: Bulls Charge Into May as Traders Eye Breakouts

Crypto markets kick off May with volatility—BTC flirts with key resistance while Ethena and Sui show explosive potential. Here’s where smart money’s placing bets.

Bitcoin’s consolidation pattern hints at imminent breakout—or breakdown. Meanwhile, Ethena’s synthetic dollar protocol gains traction as DeFi degens chase yield. Not to be outdone, Sui’s layer-1 blockchain quietly notches 30% monthly gains while VC-backed rivals flounder.

Wall Street analysts mutter about ’irrational exuberance’ between sips of $8 artisanal coffee. Meanwhile, crypto natives stack sats—because nothing hedges against fiat debasement like voluntarily riding a 24/7 volatility rollercoaster.

Ethena partners with TON Foundation to bring USDe into Telegram ecosystem

Ethena Labs integrates USDe into Telegram via TON, unlocking stablecoin access, payments, and yield for one billion global users.

SUI rises 10% as 21Shares files for SUI ETF amid latest partnership

SUI is up 10% on Thursday following a partnership with asset manager 21Shares to expand the firm’s blockchain reach and collaborate on product developments. Alongside the partnership, 21Shares submitted an S-1 registration filing with the Securities and Exchange Commission (SEC) to launch an SUI ETF.

Bitcoin Price Forecast: BTC reaches $96,000 after slight pullback following US GDP contraction

Bitcoin (BTC) price is breaking above its key resistance level, trading above $96,000 at the time of writing on Thursday, following a mild pullback the previous day. The decline came as  US GDP data showed a contraction of 0.3% in Q1, spurring recession fears, but BTC’s price fall proved to be short-lived.