The post Best Crypto to Buy Now as Trump’s Crypto Links Face Scrutiny from House Democrats appeared on BitcoinEthereumNews.com.

Trump’s bullishness towards crypto may have less to do with the betterment of the digital asset ecosystem and more to do with his own crypto deals, the House Democrats believe. Therefore, led by Maxine Waters, House Democrats walked out of the joint hearing of the Agriculture and Financial Services Committee. Multiple times, Maxine Waters inquired about the reason behind her objection, and after a long bout of contemplation, “corruption of the President of the United States and his ownership of crypto and his oversight of all the agencies” was given as the key reason. This objection highlights that crypto regulation may have a tumultuous road ahead, leaving uncertainty alive and well inside the cryptocurrency market, leading to massive volatility. Evidence of this is clear with Bitcoin’s recent surge past the $96K mark twice in a week. Does this uncertainty make today the right time to get the best crypto to buy now? Republicans are Legitimizing Trump’s Corruption – Maxine Waters Most of the hearing was not about reaching consensus, but highlighting the shortfalls and perceived “corruption” of the current regime, with even Trump’s creation of “Strategic Bitcoin Reserve” coming under fire. “It is a method of using taxpayer resources to boost the value of the president’s cryptocurrency,” Waters claimed. Bombarding accusations of corruption straight from her opening remarks, Waters said, “…our Republican colleagues refused to address the unprecedented conflicts of interest presented by President Donald Trump and his family. I am deeply concerned that Republicans aren’t just ignoring Trump’s corruption—they are legitimizing Trump’s and his family’s efforts to enrich themselves on the backs of average Americans. Through his crypto business, Trump has turned the office of the presidency into a personal money-making machine.” Three other panelists stood alongside Maxine Waters: Chastity Murphy, the former economic policy advisor to Rep. Rashida…

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Filed under: News - @ May 7, 2025 5:25 am