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Cryptocurrency News Articles

A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season.

May 06, 2025 at 09:16 pm

Influential crypto insiders are watching two key developments: 1. President Trump's headline-grabbing crypto dinners, including a gala for his $TRUMP meme coin holders

A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season.

A potent mix of political showmanship and landmark regulatory proposals in the U.S. this month could be the spark for an explosive altcoin season.

Influential crypto insiders are watching two key developments:

1. President Trump’s headline-grabbing crypto dinners, including a gala for his $TRUMP meme coin holders, are raising ethical questions.

2. A new Digital Asset Market Structure Discussion Draft from House Republicans is on the legislative table, promising market democratization and clearer rules, favoring decentralization.

For new cryptos, these events stirring interest could positively impact growth, seeing greater returns for all.

Trump’s Crypto Embrace: Rallies, Riches, and Red Flags

Two dinners are the focus here. The first, a $1.5M per plate ‘Crypto & AI Innovators Dinner’ by MAGA Inc. on May 5th, featured Crypto Czar David Sacks as a guest.

The second, a May 22nd gala for top $TRUMP meme coin holders, promises perks like a White House tour for the top 25 (from mostly pseudonymous wallets), sparking backlash.

Senator Elizabeth Warren highlighted the Trump-linked stablecoin USD1, co-founded by Eric Trump, which saw a $2B investment from Abu Dhabi’s MGX Group, becoming the world’s seventh-largest.

She termed this as potential corruption, warning a Republican-backed stablecoin bill could ‘greenlight the grift.’

Watchdog Accountable.US labeled the $TRUMP gala ‘nakedly corrupt,’ concerned about anonymous foreign holders (potentially Tron’s Justin Sun) and claiming Trump affiliates hold roughly 80% of the token supply.

Despite uncertainties like cancellation or Trump’s non-attendance, the $TRUMP meme coin’s value surged over 50% after the dinner’s announcement. Will this also affect other meme coins?

Crypto Regulation Reimagined

On May 5th, House Republicans Glenn Thompson and French Hill introduced a new Digital Asset Market Structure Discussion Draft.

The bill aims to reduce larger firm influence and promote broader market participation by, for instance, defining an ‘affiliated person’ as owning over 1% of the project’s digital commodity (compared to 5% in FIT21).

Paradigm’s Justin Slaughter sees this as encouraging democratization.

The draft also defines a ‘mature blockchain system’ (not under common control) and exempts self-directed DeFi trading protocols from certain registrations. The SEC would be the initial primary regulator.

However, it faces challenges. Ranking Member Maxine Waters plans to block a May 6th discussion event, citing committee rules.

With regulation and clarity coming, best altcoins like $SUBBD (which aims to decentralize the creator economy) and $BTCBULL (which is linked to the hard-hitting Bitcoin), benefit from the general increased market interest.

1. SUBBD – Utility in the Creator Economy

Unlike speculative meme coins, SUBBD ($SUBBD) is a Web3 creator platform integrating AI tools.

It’s fundamentally designed with decentralization in mind, aligning with the key themes of the proposed U.S. regulations.

The focus on utility within the creator space, backed by a defined token structure, places $SUBBD in the spotlight, especially as regulatory clarity emerges and the market values sustainable growth.

By offering a fully-integrated user-centric platform powered by the $SUBBD token, the project addresses crippling platform fees, a lack of genuine ownership for creators and fans, the inefficiency of having to use multiple tools, and static fan subscriptions.

Overall, $SUBBD will foster a fairer and more rewarding ecosystem for all.

There are also many more benefits for $SUBBD holders. To access these, check out our step-by-step how-to-buy guide.

SUBBD seems well aligned to upcoming policy changes, making it a well-placed altcoin to potentially see big gains in the future.

2. BTC Bull Token – Tapping into Bitcoin’s Momentum

Given the current excitement in the crypto market, where Bitcoin often takes center stage (even being part of the U.S.’s Strategic Bitcoin Reserve), BTC Bull Token ($BTCBULL) offers an appealing way for investors to gain exposure to $BTC’s momentum and earn passive income without buying $BTC itself.

$BTCBULL holders, when using Best Wallet (a leading non-custodial crypto wallet), can receive $BTC airdrops when Bitcoin reaches significant price milestones of $150K and $200K.

That’s not all, though. Token burns and additional $BTCBULL airdrops are also in store.

Furthermore,

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Other articles published on May 07, 2025