AllScale:- The market cap of Stablecoin have surpassed $260 billion on the back of growing adoption and real-world utility. As the landscape continues to grow, a new startup called AllScale is trying to bring it down to microbusinesses worldwide. AllScale, co-founded by Ruoyang “Leo” Wang, is building the consequential infrastructure for the 600 million micro businesses
XRP price traded lower for a second consecutive day, slipping 2.03% to $2.36 on May 17 amid rising legal uncertainty and bearish derivatives flows. US District Judge Analisa Torres’ latest ruling in the SEC vs. Ripple case has sparked fresh doubts about XRP’s institutional clarity, while open interest and trader sentiment reflect decline in investor confidence. Could weak trading volumes trigger further downsizing over the weekend? Judge Torres’ Ruling Casts Doubt on XRP’s Regulatory Future Ripple (XRP) price tumbled to weekly lows around $2.3 on Friday after Judge Analisa Torres rejected a joint motion from Ripple and the SEC that sought clarity on the ban against institutional XRP sales. Ripple (XRP) Price Action, May 17, 2025 | Source: Coingecko The negative market reaction continued on Saturday, as Ripple price traded as low as $2.31 as the decision to uphold the $125 million settlement find now introduces fresh regulatory risks as… Read More at Coingape.com
In a surprising turn of events, Bitcoin critic and $10 trillion asset manager Vanguard has become the largest Strategy shareholder, holding the most MSTR shares. The asset manager had previously described BTC as an immature asset class, but is now the largest backer of Michael Saylor’s Bitcoin treasury company. Vanguard Now Holds The Most MSTR
TRUMP has experienced a notable 15% increase over the past week, following a period of volatility that marked the losses in February and March.
Despite this recovery, the altcoin continues to face market fluctuations. However, improving macroeconomic conditions are providing a more favorable environment for TRUMP, potentially setting it up for further gains.
Market participants are responding positively to recent developments, including the US closing a trade deal with the UK and entering talks with China to discuss tariffs. These diplomatic moves cast President Donald Trump in a favorable light, contributing to TRUMP’s price increase.
This growing optimism surrounding the US government’s trade efforts is benefiting TRUMP holders. As the market sentiment remains generally positive due to these geopolitical events, TRUMP’s price has seen a corresponding rise.
The overall macro momentum for TRUMP is influenced by shifting global sentiment. The weighted sentiment metric, which tracks market perceptions, spiked after the US-UK trade deal was announced. TRUMP holders showed excitement over the news, but the metric quickly declined.
As the initial excitement fades, it becomes clear that TRUMP’s price movement may not be entirely driven by long-term investor confidence. The reliance on short-term political developments could prove risky for the cryptocurrency, especially if future market sentiment shifts again.
TRUMP is currently trading at $14.47, showing a 15% price increase over the past week. The altcoin is approaching the critical resistance level of $14.53, with the next target being $17.14.
Should TRUMP breach this resistance, it may continue its upward trajectory, potentially breaking further barriers and continuing its recovery from the recent downturn.
If trade talks between the US and China prove successful, it could positively influence President Trump’s image, pushing the price of TRUMP towards $20.00. This would signal a stronger market outlook and further boost investor confidence in the altcoin.
Successful trade agreements could create more positive momentum, further fueling TRUMP’s price growth.
However, the bullish outlook for TRUMP could be invalidated if the price falls back below the $13.36 support level. A drop to $12.18 or $10.29 would erase recent gains, signaling a shift in sentiment and possibly triggering a period of consolidation.
This would indicate that the current rally was more short-lived than sustainable.