Trump, Memecoins & Market Manipulation? Shocking Crypto Allegations
Published: 2025-05-23
Status:
Available
|
Analyzed
Published: 2025-05-23
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
The Genius Act was expected to have a Senate vote by May 26th.
"US Senate Majority Leader John Ton advised Republican lawmakers that the Genius Act would likely see a vote by the 26th of May in time for the Memorial Day holiday"
Pending
The Genius Act requires approval from the House of Representatives to become law.
"The Genius Act will also need to pass the House to become law"
Pending
House Democrats will seek to modify stablecoin legislation to block Trump and associates from crypto investments, a move Republicans are unlikely to support.
"Democrats in the House will want to modify the bill to block Trump and his associates from investing in crypto while Republicans will be unlikely to make these adjustments"
Pending
The SEC is considering rule changes to reduce scrutiny on companies issuing tokenized securities.
"SEC Commissioner Hester Pur recently said that the SEC is looking at changing the rules to allow companies to issue tokenized securities with less scrutiny"
Pending
Decentralized exchanges may no longer need to register with the SEC as broker-dealers, clearing agencies, or exchanges under proposed rule changes.
"Pers also said that a decentralized exchange would no longer need to register with the SEC as a broker dealer clearing agency or even as an exchange"
Pending
New exemptions could facilitate experimental secondary markets for tokenized RWAs, reducing compliance concerns.
"These new exemptions could resolve this issue by enabling experimental secondary markets without the added compliance concerns"
Pending
The development of tokenized RWAs could increase demand for stablecoins.
"This could even create more demand for stable coins which are also RWAS their tokenized versions of the US dollar"
Pending
Meta is exploring the use of stablecoins for cross-border payments.
"Meta the company behind Facebook Instagram and WhatsApp is now considering stable coins for crossber payments"
Pending
The Genius Act will define stablecoins and regulate issuers based on market cap: state level for <$10B, federal for >$10B.
"The Genius Act seeks to establish a clear regulatory framework for stable coins defining them as digital assets pegged to the US dollar The act proposes that issuers of stable coins with a market cap below $10 billion be regulated at the state level while those exceeding $10 billion fall under a federal regulatory structure akin to that of the Federal Reserve"
Pending
A competing stablecoin bill, the Stable Act, was introduced in the House shortly after the Genius Act.
"just days after the Genius Act was tabled US representatives in the House released a draft for the Stablecoin Transparency and Accountability for a Better Ledger Economy Act of 2025 An act that just so happens to use the acronym stable Hm"
Pending
The Stable Act proposes a two-year ban on endogenously collateralized stablecoins.
"the Stable Act aims to impose a 2-year ban on the creation of quote endogenously collateralized stable coins which is a fancy way of saying stable coins backed by other self-issued cryptocurrencies"
Pending
The Genius Act was advanced in the Senate with bipartisan support, though it faced some Democratic opposition.
"The bill was then advanced in the Senate just a few days later with bipartisan support although it did face some opposition from Democrats"
Pending
Senator Elizabeth Warren proposed limiting stablecoin issuance to banking institutions.
"Notably Warren also suggested a number of amendments to the bill including one proposal to limit stable coin issuance to banking institutions"
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The advancement of the Genius Act by the Senate Banking Committee was the first step towards comprehensive crypto legislation.
"the Senate Banking Committee advanced the bill was a huge deal because it marked the first step towards comprehensive crypto legislation"
Pending
The SEC declared dollar-backed stablecoins are not securities and exempt from reporting.
"the SEC declared that dollarbacked stable coins are not securities and are therefore exempt from reporting requirements"
Pending
Senate Majority Leader John Ton predicted the Genius Act would be voted on by May 26th.
"US Senate Majority Leader John Ton advised Republican lawmakers that the Genius Act would likely see a vote by the 26th of May in time for the Memorial Day holiday"
Pending
The price of the Trump memecoin rallied 65% on the day Trump announced a private dinner for top holders.
"the price of Trump rallied 65% on the day"
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Senator John Oaf stated that the President selling access for payments constitutes an impeachable offense.
"One example here was Democratic Senator John Oaf who said quote "When the sitting president of the United States is selling access for what are effectively payments directly to him there is no question that that rises to the level of an impeachable offense.""
Pending
Impeachment of the President is unlikely unless Democrats gain control of Congress in the midterm elections.
"Osaf also acknowledged that an impeachment is unlikely unless the Democrats can gain control of Congress in next year's midterm elections"
Pending
Concerns were raised that foreign actors could buy influence at the White House through crypto dealings, posing a national security threat.
"The letter underscored concerns that foreign actors and other entities could effectively buy influence at the White House potentially swaying US policies which she described as a threat to national security"
Pending
Warren alleged Trump's memecoin surged due to a deal with the UAE, and Trump's family could personally benefit from a $2 billion UAE investment into Binance settled with USD1.
"Warren also claimed that the value of Trump's memecoin surged following quote a shady crypto deal with the United Arab Emirates She asserted that Trump and his family stand to benefit personally from a $2 billion investment by UAE statebacked firm MGX into crypto exchange Binance which was settled using USD1"
Pending
Nine Democratic pro-crypto senators withdrew support for the Genius Act, citing unresolved issues.
"A group of nine Democratic pro- crypto senators subsequently announced that they would pull support for the Genius Act saying the bill quote still has numerous issues that must be addressed"
Pending
The Genius Act failed to pass in the Senate after Democrats withdrew their support.
"Democrats then withdrew support for the Genius Act which subsequently failed to pass in the Senate"
Pending
The Senate voted 66-32 to overcome a filibuster and advance the Genius Act towards a final floor vote, with the date yet to be decided.
"the Senate has recently voted by 66 votes to 32 to overcome a filibuster and advance the Genius Act towards a final vote on the Senate floor The date for this final vote is still to be decided"
Pending
The US crypto regulatory landscape might improve, and the crypto market could still rally regardless of regulation passage.
"all this suggests that the regulatory landscape for crypto in the US could improve despite the push backs And what's more is that the crypto market could still pump regardless of whether these regulations are passed or not"
Pending
A loose regulatory environment is considered ideal for crypto companies to experiment more freely.
"the ideal solution would be to have a loose regulatory environment that allows crypto companies to experiment more freely"
Pending
The SEC is considering rule changes to allow companies to issue and trade tokenized securities with less scrutiny, potentially without SEC registration.
"SEC Commissioner Hester Pur recently said that the SEC is looking at changing the rules to allow companies to issue tokenized securities with less scrutiny In essence these rule changes would allow blockchain companies to issue and trade securities without having to register with the SEC"
Pending
Decentralized exchanges might no longer need to register with the SEC as broker-dealers, clearing agencies, or exchanges under new proposed rules.
"Pers also said that a decentralized exchange would no longer need to register with the SEC as a broker dealer clearing agency or even as an exchange"
Pending
Tokenized real-world assets (RWAs) are expected to be the biggest beneficiary of potential regulatory changes, resolving the current issues with issuers and trading venues.
"the biggest beneficiary will be tokenized realworld assets or RWAs That's because tokenized RWAs currently face a chicken and egg style problem where issuers are hesitant to create tokenized funds due to limited trading venues while platforms are reluctant to create the necessary infrastructure needed for RWAs to thrive"
Pending
The development of tokenized RWAs could increase demand for stablecoins as tokenized versions of the US dollar.
"And this could even create more demand for stable coins which are also RWAS their tokenized versions of the US dollar"
Pending
Meta (Facebook, Instagram, WhatsApp) is considering using stablecoins for cross-border payments.
"Meta the company behind Facebook Instagram and WhatsApp is now considering stable coins for crossber payments"
Pending