Trader Eugene: Bitcoin is very likely to test its all-time high, with altcoins expected to experience a strong rebound
May 10th. Renowned trader Eugene Ng Ah Sio took to his personal channel and stated that although he accurately predicted the direction of this recent price surge, his actual trading execution fell short. He was forced out by the volatility and placed a stop-loss before the market began to rise. The risk control strategy he had previously employed to manage losses also led him to miss out on this upward opportunity. This month, the market has rewarded those who had the courage to take risks. At that time, there was hardly a perfect entry point, and essentially, one had to be confident in the upward movement before going long.
Looking ahead, this rise to $100,000 has validated the previous support reversal at $90,000. Now, we must consider that the market is likely to once again test its all-time high. This was not the anticipated situation, but funds from MicroStrategy and ETFs seem to be continuously flowing in. In contrast, until yesterday, most of the veteran players in the crypto m
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SKYAI 24-hour On-chain Transaction Volume Surpasses $144 Million, Market Cap Exceeds $48 Million
On May 10th, based on on-chain data, it is noted that on May 10, 2025, the MCP project SKYAI on the BNB Chain achieved a daily on-chain transaction volume of $144 million on this day. Its market capitalization exceeded $48 million, and there was a 24-hour price increase of 14.6%. Analysts pointed out that the increase in fund activity is associated with the low fee of 0.01% on the on-chain PCS Hub and the participation of users in alpha trading.
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After the official Cointelegraph Twitter account was hacked, direct messages were sent to followers in an attempt to steal their X account.
On May 10th, as per community reports, following the hacking of the official Cointelegraph Twitter account, a significant number of followers received direct messages instructing them to steal their X accounts.
According to crypto KOL Edgy, the official Cointelegraph Twitter account sent a direct message seeking a review of an article related to Edgy himself. After clicking on the link provided by the official Cointelegraph account, users were redirected to a spoof website with the domain name "Cointetegraph", which prompted them to log in to their X account.
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TRUMP Official: The transfer of 3.5 million TRUMP to a CEX was done to increase liquidity
On May 10th, the TRUMP official announced on social media that it has transferred 3.5 million TRUMP to the trading platform in order to further support liquidity operations and help ensure that both buyers and sellers can continue to access TRUMP.
BlockBeats had previously reported that the 3.5 million TRUMP transferred to CEX today includes:
1.5 million coins (with an approximate value of $22.41 million) transferred to Binance;
1 million coins (with an approximate value of $15.06 million) transferred to OKX;
500,000 coins (with an approximate value of $7.53 million) transferred to Bybit;
500,000 coins (with an approximate value of $7.48 million) transferred to Coinbase.
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A whale address withdrew 4 million U from Binance to buy 277,000 TRUMP tokens.
On May 10th, as per the monitoring of Onchain lens, a whale address withdrew 4 million USDC from Binance and acquired 276,968 TRUMP at a price of $14.44 per coin.
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Veteran Meme Coin Experiences Overall Price Increase, PNUT Surges by Nearly 60% in 24 Hours
On May 10th, according to HTX market data, the veteran Meme coins witnessed a general price increase. These include:
- PNUT with a 24-hour change of +58.2% and currently priced at $0.364.
- 1000CAT with a 24-hour change of +53.5% and currently priced at $0.0113.
- BOME with a 24-hour change of +20% and currently priced at $0.002.
- PEOPLE with a 24-hour change of +18.7% and currently priced at $0.02.
- WIF with a 24-hour change of +15.6% and currently priced at $0.815.
- PEPE with a 24-hour change of +14.2% and currently priced at $0.0000125.
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