The post Maxine Waters Warns Crypto Bills Could Trigger Financial Crisis appeared first on Coinpedia Fintech News As U.S. lawmakers gear up to vote on two major crypto bills , the CLARITY and GENIUS Acts, Rep. Maxine Waters has raised a red flag, calling the proposals dangerous giveaways to Wall Street, Big Tech, and even the Trump family. Writing in MSNBC , Waters warned that the new legislation could strip the SEC of its enforcement powers, threaten investor safety, and allow bad actors to thrive under minimal oversight. “I told you so.” – Maxine Waters slams pro-crypto bills in Congress Rep. Maxine Waters warns that the CLARITY Act and GENIUS Act will open the floodgates to fraud, financial ruin, and presidential corruption. She compares them to the repeal of Glass-Steagall — and says… pic.twitter.com/b15Ovhs3bv — Jungle Inc Crypto News (@jungleincxrp) July 15, 2025 In an X post shared by Jungle Inc, analyst highlighted Rep. Maxine Waters’ sharp criticism of the pro- crypto CLARITY and GENIUS Acts , warning they could lead to massive fraud, financial ruin, and even presidential corruption. Waters compared the bills to the repeal of Glass-Steagall, accusing them of enabling Trump’s alleged $1.2 billion crypto scheme. Also Read : Crypto Week Begins – Bo Hines Says It’s “Time to Make America the Crypto Capital” SEC Power Gutted, Fraud Gate Open? Waters’ central concern is that the bills would strip enforcement power from the Securities and Exchange Commission, forcing regulators to act only after damage is done. “If they pass, we’ll face the first crypto financial crisis in U.S. history,” she warned. She also slammed the GENIUS Act for weakening oversight on stablecoins and allowing DeFi platforms to operate outside of financial regulations, potentially inviting national security threats and untraceable foreign influence. Adding to the alarm, both bills appear to give decentralized finance (DeFi) projects a free pass from most compliance responsibilities, something Waters believes could open the U.S. market to untraceable foreign-controlled crypto firms. Trump’s Crypto Ties Stir Corruption Concerns The debate over these bills comes amid growing scrutiny of Donald Trump’s involvement in the crypto space. From promoting memecoins and NFTs to co-founding ventures like World Liberty Financial, the Trump family’s deepening ties to digital assets have sparked accusations of self-dealing. Plans for a utility token for Truth Social and a recent ETF filing have only intensified these concerns. House Democrats even staged a walkout during a recent digital assets hearing, accusing Trump of “crypto corruption” and warning that his personal interests could influence legislative outcomes. Senator Elizabeth Warren labeled Trump’s crypto-themed events as an “orgy of corruption,” demanding more transparency. Congress at a Crossroads, Global Eyes Watching This debate isn’t just a domestic one. As Sean Lee of the International Digital Asset Exchange Association pointed out, America’s approach will set a global precedent. Lee believes clear regulation is needed but cautioned against swinging too far in favor of deregulation without robust checks. The week ahead in Congress is being closely watched by both markets and global regulators. Analysts suggest that if the bills pass as-is, they could legitimize industry shortcuts, embolden politically connected crypto ventures, and further entrench the influence of Wall Street and Big Tech over digital assets. What are the CLARITY and GENIUS Acts? The CLARITY and GENIUS Acts are proposed U.S. crypto bills aimed at creating a regulatory framework for digital assets. They seek to define how cryptocurrencies and DeFi platforms are regulated, potentially reducing the Securities and Exchange Commission’s (SEC) authority. Why is Maxine Waters opposing the CLARITY and GENIUS Acts? Rep. Maxine Waters believes the bills are dangerous, claiming they favor Wall Street, Big Tech, and individuals like Donald Trump by removing key protections and SEC oversight, potentially enabling fraud and financial instability. How could the CLARITY and GENIUS Acts impact global crypto regulation? Global regulators are closely watching the U.S. outcome. Experts warn that passing these bills without proper checks could weaken international confidence and set a precedent for poor oversight.
According to a post by crypto enthusiast BALE, the U.S. Securities and Exchange Commission (SEC) is preparing for a significant vote regarding its long-standing case against Ripple. In a tweet published on July 14, BALE claimed that “The SEC Commission has scheduled a key vote for July 17. A decision is expected on the full dismissal of the case against Ripple.” BREAKING: The SEC Commission has scheduled a key vote for July 17. A decision is expected on the full dismissal of the case against Ripple! Absolutely BULLISH — BALE (@AltcoinBale) July 14, 2025 The statement has been interpreted by some in the XRP community as suggesting that the regulatory body may be close to concluding the legal proceedings that began in December 2020. BALE’s tweet did not include any official documentation or a source link, prompting others in the community to question the reliability of the claim. While BALE positioned the scheduled vote as a possible turning point for the SEC v. Ripple lawsuit , the absence of verifiable information has led to contrasting opinions from fellow social media users. Community Voices Skepticism Toward the Claim Among those responding to BALE’s tweet was a user named Merle the Pearl, who indicated that the July 17 meeting is a routine occurrence. “It’s the normal Thursday meeting,” Merle commented , implying that the SEC’s internal schedule has not changed and that the event in question may be unrelated to any specific decision on the Ripple case. The SEC routinely holds “Sunshine Act” meetings , which are generally closed to the public and used to discuss matters including litigation strategy. Another user, Rocket Man XRP, directly challenged the post’s validity by asking for a link to an official announcement. “Link please?! By August 15th is the only official news on this. It’s just wild speculation as per normal from you,” he wrote. This remark refers to prior public timelines involving the SEC’s deadlines, particularly Judge Torres’ scheduling orders and relevant procedural steps. As of now, there is no record from the SEC indicating that July 17 has been designated for a conclusive vote on Ripple. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Lack of Confirmed Information Prompts Caution The rumor quickly attracted skepticism from long-time XRP community members who have grown wary of unverified claims circulating during periods of regulatory silence. A user named Third Eye XRP stated , “Everyone has been posting this shit every week with every sunshine meeting! When they, the SEC, announce it I will believe it! Quit posting crap for needed attention!” His reaction reflects broader fatigue with recurring speculation that often coincides with standard SEC scheduling updates. The SEC’s public calendar does not currently list a meeting specifically tied to Ripple. Additionally, as of July 15, 2025, no formal statement has been released by the SEC confirming that a dismissal of the Ripple lawsuit is on the agenda for the July 17 meeting. Sunshine Act meetings typically cover multiple regulatory matters and are not necessarily focused on high-profile litigation unless specified in advance. Although BALE’s tweet reflects a segment of sentiment within the digital asset community that desires a swift conclusion to the case, the available facts do not currently support the assertion that a vote to dismiss the case is scheduled for the 17th of July. Market participants and XRP stakeholders awaiting official decisions are advised to rely on verified communications from the court or the SEC itself. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Rumor: SEC Schedules a Key Vote for July 17 to End Ripple (XRP) Case appeared first on Times Tabloid .
DDC Enterprise and Animoca Brands have signed a $100 million strategic partnership aimed at maximizing bitcoin yields and treasury strategies. This collaboration represents a significant step in the adoption of digital assets by public companies. Animoca Brands and DDC Forge Strategic Bitcoin Treasury Partnership DDC Enterprise Limited (NYSE: DDC) has entered into a non-binding memorandum
A recent report has found that US President Donald Trump’s official memecoin, TRUMP, had a faster listing process on crypto exchanges than the average memecoin and generated millions of dollars in gains for the platforms. Related Reading: Fibonacci Maps Dogecoin Path To $23—Is It Too Far-Fetched? Crypto Exchanges Profit From TRUMP Memecoin On Monday, news agency Reuters shared an analysis of market data and industry announcements related to the listing of the official TRUMP memecoin on some of the biggest crypto exchanges by market share. In January, President Trump surprised the crypto industry after launching his official token ahead of the start of his presidency. The cryptocurrency quickly skyrocketed to its all-time high (ATH) of $75, yielding significant profits for many early investors. However, the memecoin faced heavy backlash from the community, with several investors calling the President’s crypto venture a “big red flag.” Notably, 80% of the cryptocurrency’s supply was held by the Trump family and their partners, raising concerns over “such a high concentration of ownership”, which can allow the team behind it to “sell large amounts of it at once, collapsing the price for retail investors,” Reuters noted. The report claims that exchanges have been “major beneficiaries of Trump’s embrace of the industry,” as TRUMP has generated millions of dollars in revenue for the 10 largest exchanges reviewed by Reuters. Based on standard fee estimates compiled for the analysis, the crypto platforms allegedly made more than $172 million in trading fees since the token’s listing. Additionally, the token has “favored a small group of investors,” with 45 crypto wallets making around $1.2 billion in profits over the past six months. Nonetheless, as the token trades at 87.1% below its ATH, 712,777 wallets accumulate a collective loss of $4.3 billion, according to Bubblemaps data. Presidential Token Saw Express Listing Process According to the report, the largest exchanges, including Binance, Gate.io, Bitget, MEXC, OKX, Coinbase, Bybit, Upbit, Crypto.com, and HTX, listed Trump’s token “with unusual speed” compared to other recent prominent memecoins, despite the industry’s concerns. Reuters’ analysis showed that eight of the 10 largest crypto exchanges listed TRUMP within the first 48 hours since its launch. Coinbase listed the memecoin three days later, while Upbit added the token nearly a month later, on February 13. Meanwhile, the same 10 exchanges took significantly more to list Pepe (PEPE), Bonk (BONK), Fartcoin (FARTCOIN), and dogwifhat (WIF), the four other largest memecoins launched since 2022. Per the report, all 10 exchanges listed PEPE and BONK, while nine listed WIF, and only seven listed FARTCOIN. For comparison, all 10 exchanges took an average of 129 days to list these tokens, but only took an average of four days to list the presidential memecoin. Bitget, MEXC, and Coinbase reportedly said they listed the token quickly to “respond to overwhelming demand for the $TRUMP coin.” Gracy Chen, Bitget’s CEO, explained in a statement that “the crypto space was buzzing with the hype and, as any other token with a growing craze, it was imperative to add TRUMP.” Related Reading: Bitcoin Ignites Intraday Optimism With A Step Past $119,000 Threshold Chen told Reuters that Bitget also had concerns about the 80% supply figure but said the fact that the upcoming US president announced the coin on his social media accounts “should kind of solve the compliance issue.” “Ultimately, user trading volume, demand … overrode the so-called risky factor here,” Bidget CEO concluded. As of this writing, TRUMP trades at $9.43, a 2.6% decline in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
A few warning signs on Bitcoin's charts may be worth looking at.
The Justice Department says two LA Sheriff deputies admitted to helping extort victims, including for a local crypto mogul, while working their private security side hustles.
Ethereum has surged past the critical $2,900 mark, signaling renewed bullish momentum and a potential rally toward the $4,000 threshold. Institutional interest intensifies as derivatives and options volumes soar, reflecting
On July 15, data from Arkham revealed a significant transaction involving a previously inactive whale wallet containing more than 80,000 bitcoins. Approximately 30 minutes prior, this whale moved 5,000 bitcoins
Ethereum treasury companies have significantly increased their holdings, accumulating over 545,000 ETH in the past month amid rising institutional interest. This surge in corporate Ether accumulation coincides with a notable
Nasdaq-listed crypto infrastructure firm Bit Digital announced plans to raise $67.3 million through a direct offering of 22 million ordinary shares aimed at institutional investors to expand Ethereum Treasury. Key Takeaways: Bit Digital plans to raise $67.3 million through a direct share offering to buy more Ethereum. The company recently converted its entire Bitcoin holdings to Ether. Bit Digital’s move aligns with growing institutional interest in Ethereum amid a rising crypto market. The proceeds will be used exclusively to purchase Ethereum, further expanding the company’s growing ETH treasury, the firm said in a Monday announcement . Priced at $3.06 per share, the offering is managed by B. Riley Securities and is expected to close around July 15. Bit Digital Converts Entire Bitcoin Holdings to Ethereum The move follows Bit Digital’s recent decision to convert its entire Bitcoin holdings into Ether , reflecting a strategic pivot toward Ethereum. As of early July, the firm held roughly 100,603 ETH, valued at approximately $301 million. Bit Digital offers a range of services including validator operations, enterprise custody, and yield optimization. It began building its Ethereum stake and engaging in staking activities in 2022, signaling a long-term commitment to the Ethereum ecosystem. In a recent filing with the Securities and Exchange Commission, Bit Digital disclosed its preliminary estimated revenue for the second quarter to be between $24.3 million and $26.9 million. Despite a slight dip in its stock price by 1.2% to close at $3.29 on Monday, shares have risen more than 32% over the last month. Ethereum’s price has also gained momentum, rising 0.6% to $2,991 and climbing over 18% in the past week amid a broad crypto market rally. Meanwhile, Bitcoin remained relatively flat, dipping slightly to $118,852. Bit Digital’s latest capital raise and strategic shift toward Ethereum comes amid growing institutional interest in the world’s second-largest cryptocurrency. Bit Digital CEO: "This is why we switched from Bitcoin mining to a 100% Ethereum treasury strategy…" pic.twitter.com/dz7HB6Ldf6 — Traders Paradise (@theparadiselive) July 15, 2025 On Monday, SharpLink Gaming increased its Ethereum holdings with a fresh acquisition valued at nearly $49 million. As reported, the company received 16,374 ETH on Sunday afternoon, sourced from a wallet that had recently purchased the tokens from Galaxy Digital’s over-the-counter market. Last week, Ethereum co-founder Joe Lubin said the company has been purchasing tens of millions of dollars worth of ETH every day. “We are accumulating more and more consistently — we’re able to acquire tens of millions of dollars in Ether a day,” Lubin told CNBC. More Public Companies Diversify into Crypto Following the model pioneered by Michael Saylor’s Strategy, more public companies are diversifying into crypto holdings that include BTC, ETH, SOL, and XRP. Just recently, BIT Mining announced plans to raise between $200 million and $300 million to build a Solana (SOL) treasury as part of a broader expansion into the fast-growing blockchain ecosystem. Last week, DeFi Development Corp. revealed that it has acquired $2.7 million worth of Solana as part of its aggressive crypto treasury strategy. Likewise, Canadian digital asset firm Sol Strategies, already trading on the Canadian Securities Exchange, holds over 420,000 SOL tokens, positioning itself as a significant institutional player in Solana’s ecosystem. Last month, the firm also filed to list its common shares on the Nasdaq Capital Market under the ticker “STKE” as it ramps up its U.S. expansion. The post Nasdaq-Listed Bit Digital Plans to Raise $67.3M to Expand Ethereum Treasury appeared first on Cryptonews .