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In what could be a major step toward the actualization of the legislation, US Senator Josh Hawley of Missouri has officially reintroduced the PELOSI Act to ban Congress from stock trading. Indeed, the act had been introduced in 2023, although it failed to make notable headway under the previous Biden administration. US President Donald Trump had previously confirmed he would sign such legislation banning congressional stock trading. The Preventing Elected Leaders from Owning Securities and Investments Act bears the name of Nancy Pelosi. Indeed, she is one of the strongest examples of elected officials amassing wealth through the US stock market. JUST IN: Senator Josh Hawley reintroduces "Pelosi Act" bill to ban Congress from trading stocks. pic.twitter.com/txABvuno1W — Watcher.Guru (@WatcherGuru) April 28, 2025 Also Read: US Congressman Calls to Ban Congress From Stock Trading US Senator Josh Hawley Brings Back the PELOSI Act to Ban Stock Trading by Lawmakers For the last se...

The cryptocurrency market has faced another significant correction over the last few days. Bitcoin (BTC) is inching closer to falling below $101,000. The global market cap has dipped 4.2% in the last 24 hours to $3.66 trillion. Pepe (PEPE) is following the market downtrend as well. The frog-themed crypto is down by 5.7% in the daily charts,19.1% in the weekly charts, 16.3% in the 14-day charts, and 18.4% over the previous month. Despite the current dip, the asset’s price has risen by 1348% since January 2024. Also Read: Goldman Sachs Predicts US Dollar Supremacy, Forecasts New Path For Bitcoin Source: CoinGecko The Cryptocurrency Market Struggle Continues Source: Watcher Guru The current market correction is the third dip since December. PEPE and other crypto assets have faced substantial ups and downs over the last several weeks. Also Read: Ethereum (ETH) Under Legal Threat Like XRP – Should You Be Concerned? The latest dip is likely due to Donald Trump’s crypto ventures being ca...

The first three months of 2025 are shaping to be monumental for the cryptocurrency market, with regulatory and political dynamics likely to play a significant role. Notably, there is growing anticipation surrounding the potential executive order on digital assets that Donald Trump may issue once he assumes office—an action that could influence market movements. Trump’s pro-cryptocurrency stance and the controversial launch of the Official Trump (TRUMP) meme coin will likely drive more capital into various assets, sustaining the bullish momentum. Picks for you Mining expert predicts silver to hit $73, to 'drastically outperform gold' 4 hours ago Crypto expert says this bullish pattern points to an XRP ‘upswing to $4' ...

President-elect Donald Trump announced the establishment of a Crypto Council for his incoming administration to be headed by former college football player Bo Hines. Hines will report to Trump crypto czar David Sacks, and help advance innovation and growth in the digital asset ecosystem. The council’s support for the industry is intended to boost America’s leadership in the crypto world. JUST IN: 🇺🇸 President-elect Donald Trump appoints Bo Hines Executive Director of Crypto Council. pic.twitter.com/2T9kQd87yP — Altcoin Daily (@AltcoinDailyio) December 22, 2024 Trump Makes Additional Appointments Trump has also appointed Stephan Miran, a former Treasury official and economist at Hudson Bay Capital Management, as the chairman of the Council of Economic Advisors. The body advises the President on economic matters, studies federal economic policies, monitors economic trends, and counsels on actions to attain growth and stability. An advocate of reg...

When Donald Trump secured the 2025 US presidency on Tuesday night, some of the world’s richest men were celebrating their own, personal windfalls. No one made more money overnight than billionaire Elon Musk, for example, whose net worth popped from $264 to $290 billion within 24 hours of Trump’s victory. Shares of his automaker Tesla have soared 20% since Trump beat Kamala Harris. However, the crypto industry also had its own, albeit slightly more modest, tale of newfound riches. According to an estimate by Bloomberg, the net worth of Binance founder Changpeng Zhao (CZ) rallied an estimated $12 billion from US election day to the following morning. On Tuesday, Bloomberg said CZ was worth $38 billion. Today, it estimates him at $52.7 billion. CZ’s net worth has ballooned from $38 billion to nearly $53 billion in two days. Forbes has its own, more generous methodology for estimating the Binance executive’s wealth. Although it does not provide a history of its estima...

The Bitcoin price rose a fraction of a percent in the last 24 hours to trade at $74,618 as of 03:09 a.m. EST on trading volume that dropped 8% to $82.8 billion. Copper.co , a digital asset custodian, says that a Bitcoin price of $100k is ”quite possible by the time the 47th U.S. President heads to the Capitol for inauguration day on January 20.” Bitcoin Price Could Surge The Bitcoin price has been moving within an ascending channel (white lines), suggesting a bullish trend. Recently, it has reached the upper boundary of this channel and is testing resistance around $74,618, according to data from GeckoTerminal . The price of Bitcoin now trades well above the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the continued uptrend since September. Moreover, the Relative Strength Index (RSI) is at 67.27, close to the overbought level of 70. This shows strong momentum, but it’s nearing a level where it could face resistance or even a minor correctio...

A single crypto wallet is trading tens of millions of dollars on Polymarket, a crypto-friendly prediction market. The trader, known by its social handle Fredi9999, has transacted over $73 million worth of mostly pro-Donald Trump bets and currently has $12 million on the line for Trump winning the election on November 5. Although higher frequency traders have transacted larger volumes on an absolute basis, Fredi9999 is the site’s most profitable crypto wallet this month and second-most profitable trader of all time. As the trader climbed the Polymarket leaderboard, it attracted media scrutiny for its political motivations. Specifically, some people believe that the trader’s wealth is creating a 5-8% ‘Fredi premium’ on Polymarket’s 2024 US presidential election market. Others estimate its impact at an even higher 13%. Because changing prices in liquid markets cause a variety of emotional and non-quantifiable changes in traders’ behavior, it is impossible to determine the exact impact...

Donald Trump, noted fraudster and former president, has lent his expertise as a salesman to World Liberty Financial, a new cryptocurrency scheme. Sales of the project’s token, WLFI, have been slow, and a closer review of the now available website gives us more insight into the true relationship between the former president and this token. The so-called “Gold Paper” that is published on the project’s website notes that it is “inspired by the vision of Donald J. Trump” and lists him as the “Chief Crypto Advocate.” It further lists his sons Eric, Donald Jr., and Barron as “Web3 Ambassadors.” However, on closer inspection, the Gold Paper notes that “the use of illustrative descriptive titles for team supporters of World Liberty Financial does not indicate a director, officer or employee relationship with World Liberty Financial. “None of Donald J. Trump, any of his family members, or any director, officer, employe...

According to on-chain data, a crypto wallet associated with the former U.S. president has transferred millions of dollars worth of Ethereum to Coinbase. An Ethereum wallet, which has been accumulating royalties from Donald Trump‘s NFT collection for months, has started moving the funds to the centralized crypto exchange. According to Arkham Intelligence, the wallet has transferred 1,075 ETH (around $2.4 million at the time of the transaction) to Coinbase. Looks like Donald Trump is selling his ETH. 3 weeks ago he started sending ETH to Coinbase after months of accumulating Trump NFT royalties. His peak balance was $4 million. Based on the deposits, so far he's sold 1,075 ETH for $2.4 million. pic.twitter.com/JZzA3cS2je — Arkham (@ArkhamIntel) December 27, 2023 While the purpose behind transferring the funds to Coinbase remains unclear, data suggests that the Trump-associated wallet still holds multiple cryptocurrencies valued at over $2.2 million. You might a...

Freshly uncovered documents revealed that former President Donald Trump is capitalizing on the non-fungible token (NFT) surge, with Ethereum holdings potentially reaching up to $500,000. Unveiled financial data reveals a substantial involvement in cryptocurrencies, intertwined with a thriving NFT venture. Financial disclosures indicate Trump’s Ethereum wallet boasts a substantial balance ranging from $250,000 to $500,000. This venture into the realm of NFTs materialized post-presidency. Notably, Trump enjoyed success with his limited edition $99 trading cards, portraying him in many scenarios — from hunting attire to superhero guise — early on. Both releases were swiftly sold out, amassing a staggering $8.9 million in total revenue, even though they were called out for using copyrighted images without permission. Since then, the value of the NFTs has declined. See below for data from Coin Gecko. You might also like: Arkham unveils Terraform’s and Do Kwon’s secret h...