US DOJ reports record $225 million seizure of funds related to crypto confidence scams

Meitu founder Cai Wensheng purchased Tin Hau Commercial Building for about HK$650 million and will build an AI-Web3 entrepreneurship center; the U.S. House of Representatives will release a draft cryptocurrency regulation before the hearing on May 6; Binance Alpha added Housecoin (House) and XAI gork (gork).

Layer 1 datachain Irys raises $10m led by CoinFund

The post XRP and SUI Struggle While a New Altcoin Emerge appeared on BitcoinEthereumNews.com. Crypto News XRP’s momentum is fading and SUI faces liquidity issues, while a rising altcoin gains recognition as one of the best to buy in 2025. XRP entered the summer on a wave of excitement, boosted by speculation around ETFs and institutional adoption. However, the buzz is cooling as whale wallets have begun trimming their exposure. On-chain data shows that several large XRP addresses shifted millions of tokens back onto exchanges in recent weeks, suggesting profit-taking after strong mid-year rallies. Price action reflects this hesitation – XRP has struggled to hold key resistance levels and remains locked in a tight trading range. Analysts warn that unless a new catalyst emerges, momentum may continue to fade into September, leaving traders questioning whether the asset can deliver outsized gains in the near term. While XRP’s long-term role in cross-border payments remains intact, its short-term potential seems increasingly capped, driving investors to explore alternatives with higher growth trajectories. That’s where projects like MAGACOIN FINANCE are beginning to attract attention. SUI Struggles With Market Liquidity SUI launched with fanfare earlier in the year, positioning itself as a next-generation Layer 1 designed for scalability. Early performance was strong, with significant capital flowing into its ecosystem. Yet despite this early traction, liquidity concerns are beginning to surface. Trading volumes have dropped sharply since July, and developers report that ecosystem funding is not keeping pace with expectations. The decline has left SUI lagging behind other major Layer 1s in both adoption metrics and market perception. Traders who initially saw it as a contender for Ethereum’s scaling crown are now looking elsewhere. September could still offer short-term rebounds, but the overall sentiment around SUI has shifted from “emerging giant” to “work in progress” This weakening confidence creates room for newer names to claim the spotlight, especially those able…