US House Financial Services Chairman French Hill has commented on the negative impact that the TRUMP coin has on the proposed crypto legislation. This came as he described the president’s involvement in crypto as a distraction from the work that the US Congress has put into creating a regulatory framework for the industry. French Hill Describes TRUMP Coin as a Distraction From Crypto Legislation According to a Bloomberg report, the US congressman said that President Donald Trump’s involvement in crypto, through the TRUMP coin and other ventures, has complicated the work in Congress, which they have made to pass legislation that has been in the works for years. French Hill explained that the Trump family’s engagement has made the work more complicated because it has distracted those in Congress, both Republicans and Democrats, from what they need to do. He noted that they have worked for five years, especially in… Read More at Coingape.com
Ripple’s legal battle with the SEC continues to make headlines. Attorney Bill Morgan took to social media and criticised VanEck for playing both sides. Morgan brought to attention VanEck’s inconsistency as they pushed for fairness in ETFs, but chose to remain silent for XRP when it was in a similar situation.
Don’t recall you complaining about SEC favoritism when Ripple was sued over XRP sales and Ethereum received a free pass. https://t.co/h8CJ2qk9Yt
For the unversed, asset managers like VanEck, Canary Capital, and 21Shares signed a joint letter to the SEC Chair Paul Atkins, urging a fair and consistent process for approving crypto ETFs.
Bill Morgan Slams VanEck’s Silence on XRP Case
They requested the SEC to adopt a fair “first-to-file, first-to-approve” rule for crypto ETFs explaining that favoritism damages innovation in the ETF market. This came after long delays and growing uncertainty around spot ETF approvals.
But Morgan slammed VanEck for staying silent during the Ripple lawsuit. Morgan wrote on X, “Don’t recall you complaining about SEC favoritism when Ripple was sued over XRP sales and Ethereum received a free pass.”
XRP faced legal actions, while Ethereum walked away clean when it was called a non-security by SEC official William Hinman in a 2018 speech.
Key Court Deadline Could Trigger Major Moves
This has raised concerns over conflicts of interest at the SEC. Critics like John Deaton have also questioned how credible Hinman’s speech actually was and whether the SEC is being fair and transparent with its crypto rules.
These comments come as the crypto community anxiously awaits for updates on a likely settlement between the Ripple vs SEC. A key deadline for the SEC to report to the Appeals Court is coming up on June 16.
XRP Holding $2.29, Can Bulls Push Toward ATH?
XRP is up 2.7% in the last 24 hours, and is currently trading at $2.29. The next move will now depend on updates from the Ripple case and spot ETF news. A breakout above $2.35 could push XRP to $2.50, then $2.65, and possibly $3 or even its all-time high of $3.55. But if it drops below the 50-day EMA, bears could drag it down to $1.93.
The post Pro-XRP Lawyer Fires Back at VanEck for Favoritism During Ripple-SEC Lawsuit appeared first on Coinpedia Fintech News
Ripple’s legal battle with the SEC continues to make headlines. Attorney Bill Morgan took to social media and criticised VanEck for playing both sides. Morgan brought to attention VanEck’s inconsistency as they pushed for fairness in ETFs, but chose to remain silent for XRP when it was in a similar situation. Don’t recall you complaining …
AI coins remain a key narrative in the market, with several projects showing strong momentum despite broader sector correction. Internet Computer (ICP) has struggled over the past month, but its decentralized infrastructure could become very relevant in the AI space.
Alchemist AI (ALCH) has surged recently, benefiting from growing interest in no-code AI solutions. Story (IP) is one of the most trending AI coins, up 79% in the last 30 days, and it has the potential to reach new all-time highs if market sentiment continues to favor AI-driven projects.
Internet Computer (ICP)
The Internet Computer (ICP) is a decentralized platform that hosts secure, network-resident code and data, allowing developers to build web applications without relying on Big Tech or traditional IT infrastructure.
The platform supports a wide range of use cases, including web3 social media, games, DeFi, multi-chain applications, secure front-ends, ledgers, enterprise solutions, and AI models.
ICP is down more than 13% in the last 30 days, with its market cap now below $3 billion. If the current downtrend continues, ICP could test support at $6, and a break below that level could push it to $5.88, with a stronger selloff leading to $5.62.
On the upside, if momentum shifts and the trend reverses, ICP could test resistance at $6.82, with a breakout potentially sending it to $7.27 and $7.45.
Alchemist AI (ALCH)
Alchemist AI is a no-code development platform that allows users to create software applications using simple descriptions.
ALCH has surged more than 34% in the last 24 hours and over 54% in the past seven days, bringing its market cap to $60 million – its highest level since the end of January. If the uptrend continues, ALCH could test resistance at $0.0748, with a breakout potentially pushing it to $0.116 or even $0.18, its highest level since mid-January.
However, if momentum fades and a downtrend forms, the AI coin could test support at $0.059, with a break below that level potentially leading to $0.045. A stronger selloff could send the price as low as $0.021, marking a possible 70% correction.
Story (IP)
Story has been one of the most trending artificial intelligence coins in recent weeks, gaining 79% in the last 30 days despite the broader crypto market correction and AI coins such as VIRTUAL correcting by 50% in the same period.
Its market cap is now close to $1.3 billion, with daily trading volume around $150 million.
If AI coins regain momentum as they did a few months ago, Story could benefit and test resistance at $6.96 and $7.99, potentially surpassing $8 for the first time and reaching new all-time highs.
However, if momentum fades, Story could lose support at $5.00, with a drop to $3.60 as the next key level. A deeper correction could send the price as low as $2.12, marking a significant retracement from its recent surge.
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup.
Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This shows how fundamentally strong SUI crypto is, and that is why it is trying to sustain above important Fibonacci levels.
In Q2 2025, the SUI price has stayed in a higher-highs and higher-lows structure and followed the 20-day EMA band dynamic support. Technically, the SUI seems poised for a run. Even experts are positive that soon it will break its $5.37 high and reach a target beyond $11.
Moreover, the recent market capitalization of $13 billion reflects its increasing significance in the market. Importantly, the Q1 correction appears much like a calculated retest and not a breakdown when seen in Q2 of 2025.
Also, all the price points on both short and long-term charts still respect the key structural points. Even on-chain metrics support its bullish narrative. Keep reading to know more.
SUI Price Builds Bullish Momentum, Eyes Higher Price Targets
In a recent analysis, an expert highlighted the resilience of the SUI crypto, which has successfully maintained its Inverse Head & Shoulders breakout after surpassing the neckline around $3.65 to $3.75.
With the current price hovering around $3.89, SUI continues to hold above essential support levels, reinforcing a bullish outlook.
#SUI Update: Bullish Structure Intact – Retest in Progress$SUI is holding its Inverse Head & Shoulders breakout. After breaking the neckline around $3.65–$3.75, price pushed up to $3.94 and is now pulling back — retesting the breakout zone.
Maintaining a position above the $3.65 to $3.70 range is vital for confirming the strength of this bullish setup, while a drop below $3.60 could invalidate the positive pattern.
While another analyst says on the weekly chart, the SUI price has been moving within this ascending wedge pattern, with consecutive impulsive waves to the upside.
The analyst, based on his technical perspective, highlights that SUI is getting ready for its next major move, and per his SUI price projection he projects an target upto $11.50 next.
Social Volume and Development Activity Hints Optimism for SUI crypto
The social volume indicates a continuation of the ongoing short-term trend, and a rise in the social volume also indicates the rising awareness regarding SUI crypto.
Furthermore, the development activity reflects the level of activity in the form of ongoing projects and developments in the crypto. The developer’s activity shows that it is on the rise, which means the number of pure developments on its GitHub repository is increasing with time.
Both these metrics are important factors that highlight the long-term reliability of a project.
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The post SUI Crypto Price Breaks $3.89: Bullish Momentum Signals $11 Target Ahead appeared first on Coinpedia Fintech News
The crypto market has rebounded from an earlier price depression, raising optimism among investors. Even in mid-May, the SUI price crossed the $4 mark and was among the lead performers in the altcoins lineup. Even when writing the SUI price, it is still hovering near $3.9, despite the market being in a cooldown period. This …
This is a healthy retest, keeping… 
(@VipRoseTr) 
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