Rep Maxine Waters Slams Crypto Market Structure Bill Calls It Donald Trump’s “Crypto Corruption”

Monicah W

Rep Maxine Waters Slams Crypto Market Structure Bill Calls It Donald Trump's "Crypto Corruption"

Tensions rose during a joint House hearing as Representative Maxine Waters strongly objected to a new crypto market structure bill. The legislation, backed by both Republicans and Democrats, aims to define oversight responsibilities in the digital asset sector. Waters, however, described the bill as part of what she called US President Donald Trump’s “crypto corruption.”

Maxine Waters Objects Crypto Market Structure Bill

A heated debate broke out during a joint hearing between the House Financial Services Committee and the House Agriculture Committee. Representative Maxine Waters voiced strong disapproval of the new crypto market structure bill. She criticized the bill’s timing and intent, urging fellow Democrats to walk out of the session in protest.

The crypto market structure bill has received bipartisan support, yet Waters argued it could enable unethical financial schemes tied to Donald Trump. “This bill paves the way for what I call Trump’s crypto corruption,” she said during the hearing. Her comments came as lawmakers from both parties continue to work on legislation aimed at bringing clarity to digital asset regulations.

Waters’ protest comes just as the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) was preparing to move forward in the Senate. Nine Democratic senators have now voiced their opposition to the bill in its current form. They called for stronger measures on money laundering, foreign influence, and national security.

Democrat Senators Withdraw Support for GENIUS Act

The group of senators that withdrew support includes Ruben Gallego, Andy Kim, Lisa Blunt Rochester, and Mark Warner. These lawmakers previously backed the bill during its advancement in the Senate Banking Committee. However, their new statement said the legislation needs more protections.

Senator Elizabeth Warren also withdrew her support, raising concerns over a potential financial benefit to Donald Trump through a linked stablecoin. Warren stated, “This legislation risks giving Trump an illegal windfall from his USD1 coin,” as she urged others in Congress to reject it.

Democratic co-sponsors Kirsten Gillibrand and Angela Alsobrooks have not signed onto the new statement. Still, the act’s future remains uncertain, with increasing concern over the involvement of private business interests.

Donald TRUMP Meme Coin Contest Raises Ethics Questions

Despite growing objections to the GENIUS Act and the crypto market structure bill, Donald Trump continues to promote a cryptocurrency-linked event. A dinner at Trump National in Washington, D.C., will take place later this month. Entry to the event is based on holdings of the $TRUMP meme token, and the top 220 token holders will be invited.

The event has raised ethical concerns from watchdog groups. Accountable.US described the contest as a “corrupt self-enrichment scheme,” warning that it allows wealthy or foreign actors to buy access to US President Donald Trump. The website hosting the contest also features a live leaderboard, showing top participants by token holdings.

The $TRUMP token’s developers are reportedly connected to World Liberty Financial, a crypto firm with ties to the Trump family. In addition, Zach Witkoff, son of Trump’s envoy Steve Witkoff, announced at a Dubai crypto event that a UAE-backed fund will invest $2 billion in the USD1 stablecoin, which is competing with Tether. USD1 is issued by World Liberty Financial, which is 60% owned by a Trump business entity.

In the joint meeting, critics including Stephen F. Lynch, the Representative from Massachusetts argue that the deal opens the door for foreign financial influence calling it “Shady”. The Trump family is entitled to 75% of revenue from USD1 token sales which has led to questions about how the crypto market structure bill and the GENIUS Act may benefit private entities over public interest.

The post Rep Maxine Waters Slams Crypto Market Structure Bill Calls It Donald Trump’s “Crypto Corruption” appeared first on CoinGape.

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Worldcoin Enters the US Markets—Chart Hints at $2.2-Here’s What’s Next

The post Worldcoin Enters the US Markets—Chart Hints at $2.2-Here’s What’s Next appeared first on Coinpedia Fintech News

The Worldcoin price seems to be ready to defend $1 support as it has remained firmly above the levels throughout the day. However, the bearish pressure over the markets was somewhat negligible, but the WLD bulls have managed to keep up the momentum of the rally. The technicians have been displaying strong directional movement, which favors a decent rise in the price. After the key development, here’s what’s next for the WLD price rally. 

The platform has entered the U.S. market, which has marked a major milestone for the crypto industry. It has launched the World ID, or Orb in six U.S. States: Atlanta, Austin, Los Angeles, Miami, Nashville, and San Francisco. The Sam-Altman-led project aims at identity verification and offers WLD tokens for users who do so. With this, the demand for the token is expected to increase subsequently, and with the latest rise, the bulls seem to have gained huge control over the rally. 

The weekly chart of Worldcoin displays that the price has reached the lowest level of the consolidation, attracting the bulls. The buying pressure has grown considerably, which has pushed the price above the conversion line of the Ichimoku cloud. If the price maintains a considerable ascending trend, the conversion & base lines of the Ichimoku could undergo a bullish crossover, validating the start of a fresh bullish trend. On the other hand, the weekly MACD shows a drop in the selling pressure and with a rise in the buying volume, the price may also begin to surge. 

The US launch was accompanied by Coinbase listing the WLD token, enabling trade for US customers. Therefore, the volume is said to increase notably in the coming days, which could positively impact the WLD price. The next pitstop for the rally is the pivotal resistance zone between $2.2 and $2.4, and a rise above this range could elevate the levels to $4, completing the double bottom pattern. Hence, a breakout from here could trigger a strong upswing towards the double-digit figure. 

The post Worldcoin Enters the US Markets—Chart Hints at $2.2-Here’s What’s Next appeared first on Coinpedia Fintech News
The Worldcoin price seems to be ready to defend $1 support as it has remained firmly above the levels throughout the day. However, the bearish pressure over the markets was somewhat negligible, but the WLD bulls have managed to keep up the momentum of the rally. The technicians have been displaying strong directional movement, which …

Can Cardano (ADA) Compete With Rollblock’s (RBLK) Meteoric 500% Rise?

Rollblock

The post Can Cardano (ADA) Compete With Rollblock’s (RBLK) Meteoric 500% Rise? appeared first on Coinpedia Fintech News

Cardano has garnered attention for its slow-but-steady approach, but many wonder if it can keep up with Rollblock’s meteoric growth. Surprises have emerged in the crypto market, and some fresh contenders are shaking up old beliefs. With an established player network and a booming presale, rumours indicate that Rollblock could overshadow even established names.

Why Rollblock Could Surpass Older Projects

Rollblock shines as a premier GambleFi platform on Ethereum, merging DeFi and iGaming in a way few can match. It has already raised $10.8 million during its presale and offers a $0.06 token entry point for early supporters.

Fans see this project as a potentially huge performer, especially given its real-world utility. The network supports more than 7,000 games, including slots, live dealer events, and sports betting markets – all powered by Ethereum-backed smart contracts for maximum fairness.

Tokenomics are structured to reward loyalty. By buying back and burning a percentage of RBLK tokens, Rollblock reduces supply, driving potential price growth. Specifically, 60% of repurchased tokens are permanently destroyed, while 40% go to stakers.

Such measures aim for long-term stability. Meanwhile, robust staking APYs (up to 30%) make holding RBLK highly attractive. Weekly dividends also await those who keep tokens locked since a portion of the casino’s revenue is shared with holders.

Join The Rollblock Revolution

This model creates ongoing passive income without sacrificing user confidence. Analysts note that Rollblock’s low market cap and unique approach could outperform bigger coins in the upcoming bull run. By focusing on both entertainment and profit generation, Rollblock sets a new standard for integrated DeFi platforms. This blend intrigues savvy investors.

Can Cardano keep up?

Over the past few months, ADA attracted fresh attention as large holders accumulated over 130 million coins. This trend shows growing whale interest, reflecting optimism about future adoption.

Source: https://cointelegraph.com/news/why-is-cardano-ada-price-up-today 

In fact, a prominent crypto analyst (Kwantxbt) recently noted that the token had “strong consolidation around $1.06–1.07 after [a 61% jump]” and believes the lower trading volume signals accumulation.

Beyond social media buzz, ADA whales have steadily built positions, suggesting confidence in upcoming developments. Network data indicates consistent usage, though some question whether it can match Rollblock’s pace.

Nevertheless, many traders expect ADA to hold its place among top blockchain contenders. Looking ahead, if whales remain bullish, ADA may stay in demand, but the fierce competition from emerging projects should not be overlooked.

ADA Also Faces Competition From Other Coins

Meanwhile, Chainlink and Toncoin continue expanding their DeFi ecosystems, challenging ADA for user attention. Each boasts strong developer support and novel features, but neither matches the multifaceted approach that Rollblock brings to the table.

Some analysts argue that ADA must innovate at a faster pace to stay competitive against these rising stars. Yet, many see opportunities for cross-chain collaboration and shared liquidity, lifting all boats. Still, with ADA holders anticipating new governance and dApp releases, the real question is whether any competitor can outpace Rollblock’s rapid momentum. 

Observers note that if this crypto expands partnerships, it might stand its ground alongside these platforms, but Rollblock’s unique GambleFi edge continues to intrigue investors. Even though Donald Trump shared that he would include this coin in the national reserve, it might not be enough.

Source: https://www.binance.com/en/square/post/21012528447785 

Conclusion

The crypto space often rewards those who spot emerging trends before they become mainstream. Rollblock appears poised to claim that spotlight, backed by strong tokenomics and broad functionality.

Established projects still hold weight, but ambition can transform an underdog into a leader. Whether it’s gaming, DeFi, or community growth, Rollblock seems ready to push boundaries, and investors should be prepared for significant momentum as markets shift in favor of daring newcomers.

Enjoy the march, friend referral bonus and secure you and a friend 30% off, plus a further 20% purchase bonus on all new buys. These can be stacked for a 50% total bonus.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io
Socials: https://linktr.ee/rollblockcasino

The post Can Cardano (ADA) Compete With Rollblock’s (RBLK) Meteoric 500% Rise? appeared first on Coinpedia Fintech News
Cardano has garnered attention for its slow-but-steady approach, but many wonder if it can keep up with Rollblock’s meteoric growth. Surprises have emerged in the crypto market, and some fresh contenders are shaking up old beliefs. With an established player network and a booming presale, rumours indicate that Rollblock could overshadow even established names. Why …

Why Is the Crypto Market Up Today?

The total crypto market cap (TOTAL) has recovered slightly as Bitcoin (BTC) helped the altcoins pull up as well. Ondo (ONDO) emerged as the leader of the crypto tokens, rising by 23% in the last 24 hours.

In the news today:-

  • CFTC acting chair Caroline Pham revealed that the CFTC and SEC are in talks for further collaboration on digital asset regulation. Both agencies aim to enhance their joint efforts for the benefit of the public and the market.
  • Bitwise has filed to create an Aptos ETF, leveraging the recent Delaware Trust application. Despite the SEC’s high volume of ETF applications, the filings have sparked bullish momentum for Aptos.

The Crypto Market Moves Up

The total crypto market cap surged by $127 billion over the last 24 hours, reaching $2.95 trillion. This brings it closer to the key resistance level of $3.00 trillion. The rise in market cap signals positive sentiment, depending on broader market cues.

The recent decline in volatility has helped cool the market, allowing for a period of consolidation. This reduced volatility provides the crypto market with room to grow. If TOTAL manages to break through the $3.00 trillion resistance and convert it into support, further upward movement toward $3.09 trillion is possible.

Total Crypto Market Cap Analysis.
Total Crypto Market Cap Analysis. Source: TradingView

However, should the crypto market cap fail to breach the $3.00 trillion mark, it may struggle to gain traction. Falling through the support at $2.93 trillion could lead to a correction, erasing some of the recent gains.

Bitcoin Is Close To Claiming Key Support

Bitcoin is currently trading at $91,717, just under the key resistance level of $92,005. The altcoin is attempting to continue its uptrend, with the next major hurdle at $93,625. If it successfully breaches this level, Bitcoin could experience significant gains, attracting further investor interest in the short term.

The price of Bitcoin is poised for a potential rise, depending on investor behavior. If the selling pressure remains low after $92,005 is surpassed, Bitcoin could breach $93,625 and flip it into support. This would provide strong momentum, pushing the price further towards $95,761 and boosting market sentiment.

Bitcoin Price Analysis
Bitcoin Price Analysis. Source: TradingView

However, the bullish outlook could be invalidated if Bitcoin fails to maintain its momentum. A lack of buying pressure could lead to a decline below the support at $89,800, which could trigger a further drop to $87,041.

Ondo Jumps Massively

ONDO price has surged by 24% in the last 24 hours, trading at $1.19 after breaching the key resistance of $1.10. With strong buying pressure, the altcoin is now targeting the next major resistance level at $1.27, signaling a potential continuation of the upward momentum in the short term.

To continue its uptrend, ONDO will need strong inflows. If the altcoin successfully flips $1.27 into support, it could see further growth, reaching the $1.48 target. This upward momentum is contingent on sustained investor interest and the ability to maintain support levels for continued price action.

ONDO Price Analysis.
ONDO Price Analysis. Source: TradingView

However, sharp selling could reverse the positive trend. If ONDO loses the support of $1.10, it could face a decline, testing lower support levels like $0.96. This potential drop would invalidate the bullish thesis, erasing recent gains and jeopardizing the altcoin’s recovery.

The post Why Is the Crypto Market Up Today? appeared first on BeInCrypto.