Best Crypto to Buy Now as Lawmakers Clash Over Trump’s Blockchain Ties

Last week, lawmakers in the House Financial Services Committee sparred over proposed digital asset legislation as concerns mounted about President Trump’s personal crypto connections. Critics argue that without explicit safeguards, the CLARITY Act could pave the way for the president to profit from the market.

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Why does this matter? Because regulatory ambiguity can reshape market dynamics, affecting everything from investor confidence to innovation. Against this backdrop of uncertainty and power plays, investors are asking what is the best crypto to buy now when rules are still taking shape.

Democrats Demand Presidential Crypto Conflict Safeguards in Bipartisan Bill Negotiations

Members of the House Financial Services Committee faced a tense debate during a June 4 hearing as they tried to hammer out the CLARITY Act, a bipartisan effort to establish a federal framework for digital assets.

Representative Maxine Waters warned that the bill’s vague language might let President Trump leverage his personal crypto holdings, citing an event where top memecoin holders paid roughly $148 million for a private dinner and accusing Trump of positioning to funnel Americans’ money into his digital wallet.

Waters argued that the rushed and overly complicated legislation exempts some of the riskiest crypto activities, leaves investors without recourse when funds disappear, and lacks penalties for bad actors. In her view, this elevates national security risks.

Introduced on May 29 with three Democratic co-sponsors, the CLARITY Act aims to clarify jurisdiction between the SEC and CFTC, but many lawmakers remain uneasy. HFSC Chair French Hill noted that without clear boundaries, entrepreneurs face uncertainty and innovation stalls.

Notably, most witnesses, including former CFTC Chair Rostin Behnam, former SEC Commissioner Elad Roisman, and Uniswap Labs’ chief legal officer Katherine Minarik, sidestepped Trump’s conflicts in their opening remarks.

Only former CFTC Chair Timothy Massad labeled Trump’s crypto involvement a taint threatening national security, questioning whether actions served America’s interests or personal gain.

Meanwhile, Rep. Waters proposed legislation to bar top officials and their families from certain crypto activities. This bill was introduced the same day Trump hosted a memecoin dinner featuring presidential symbols.

In a parallel House Agriculture Committee hearing, Ranking Member Angie Craig faulted Trump for complicating digital asset rulemaking, noting potential insider advantages.

As Congress weighs both the CLARITY Act and the Senate’s GENIUS Act for stablecoins, Democrats insist on explicit carveouts to address presidential conflicts before moving forward.

Best Crypto to Buy Now

Regulatory gridlock and headline-grabbing conflicts can rattle markets, but savvy investors know uncertainty often precedes opportunity. As Washington grapples with crypto oversight, decentralized coins and protocols gain fresh appeal. With framework questions looming and potential power plays in the wings, now is the moment to zero in on fundamentals. Here’s a look at the best crypto to buy now.

Snorter

When political theatrics meet crypto uncertainty, Snorter emerges as a cheeky play on market mood. Riding waves of speculation, this meme-inspired token channels the Capitol buzz, blending humor and volatility into one nimble, rebellious package.

Snorter the aardvark is making a bold entrance into the crypto trading scene with a Telegram bot designed for speed and ease of use. Built to sniff out meme coin sniping opportunities, the bot aims to become a top contender among trading tools by combining real-time execution with a user-friendly experience.

Traders don’t need to worry about complex installations or confusing interfaces. Snorter runs entirely through Telegram, using simple commands that make it accessible to beginners while still offering the power that experienced users expect. It’s a lightweight solution built for a fast-moving market.

To keep users’ crypto assets safe, the Snorter team recommends New York Post-approved Best Wallet, a privacy-focused, non-custodial wallet that supports over 60 blockchains. Fully compatible with the Snorter ecosystem, it offers secure storage with seamless integration.

According to well-known crypto YouTuber 99Bitcoins, Snorter is the best Solana trading bot.

By combining speed, simplicity, and strong security recommendations, Snorter Bot is carving out a niche as a go-to tool in the evolving world of meme crypto trading. Its snout for opportunity might just make it a leader in the pack.

Solaxy

While policymakers squabble over digital rules, Solaxy presses forward as a decentralized DeFi alternative. Its cross-chain engine fuels seamless swaps, offering a glimpse into a world where code, not Congress, dictates returns and innovation.

Solaxy is evolving beyond infrastructure by building a complete ecosystem focused on accessibility and growth. At the center of this expansion is the Igniter Protocol, a tool that allows users to create and launch tokens directly on Solaxy’s Layer 2 chain with ease and speed.

Designed to function like Pump.fun, Igniter simplifies token creation for all users, from casual creators to serious developers. Once a token’s bonding curve ends, it moves directly onto Solaxy’s upcoming decentralized exchange, gaining immediate liquidity and exposure to active traders.

This smooth integration helps transform Solaxy from a standard Layer 2 chain into a powerful launchpad for new projects. Whether users are launching meme tokens or complex DeFi applications, the system supports fast, low-cost trading within a unified network.

Investor interest in Solaxy is growing steadily, driven by high staking rewards and strong scalability. These features position it as one of the most promising platforms in the Solana ecosystem.

Bitcoin Hyper

In a landscape clouded by legislative debates, Bitcoin Hyper stands as a turbocharged homage to BTC. It stakes its claim on Bitcoin’s enduring narrative, promising amplified gains for those chasing the flagship protocol’s long-term saga.

Bitcoin faces two major challenges that limit its use in everyday transactions. Confirmations are slow, forcing merchants to wait before accepting payments, which makes it impractical for real-time retail checkouts.

Additionally, Bitcoin’s limited block space causes fees to spike during busy periods. Sending a small amount, like $5, can become pointless if fees shoot up to $15 or more.

Bitcoin Hyper tackles both issues by adding a secondary processing layer that connects to Bitcoin’s main blockchain. This Layer 2 system allows transactions to settle in seconds, with fees that are just fractions of a cent.

The setup keeps Bitcoin’s security and decentralization intact while delivering the speed needed for daily payments, including coffee purchases, tips, and digital microtransactions.

Users retain full control over their funds and can move them back to the Bitcoin mainnet at any time. This flexibility preserves the trustless nature of Bitcoin while improving usability.

Ethereum

As the dust settles on political drama, Ethereum continues to anchor smart contract world-building. Its layered upgrades and burgeoning ecosystem remind investors that long-term, composability and network effects can outlast fleeting headlines.

The Ethereum Foundation (EF) has released its first official Treasury Policy, aimed at strengthening financial stability and supporting the decentralized finance ecosystem. The announcement was published on the EF’s blog on June 4.

The update closely followed ETHGlobal Prague 2025, which took place from May 30 to June 1. At the event, Ethereum co-founder Vitalik Buterin shared an optimistic outlook for the network’s future, stating that Ethereum could scale its base layer by ten times over the next year, improving both transaction speed and costs.

“There’s a lot of room to scale safely,” Buterin said, emphasizing the importance of responsible growth. He believes these improvements will make Ethereum more efficient and accessible for both developers and users.

Ethereum’s price hovers around $2,600 with a market cap of above $315 billion. Over the past week, the price began near $2,700 before steadily sliding to just under $2,500, illustrating a clear early downtrend.

After hitting that bottom, buying interest emerged, driving a sharp rebound that lifted the price back into the mid-$2,600s. This swing, from initial weakness into a strong recovery, highlights how the dip attracted renewed demand and set the stage for a more bullish momentum.

Ethereum remains a core platform for decentralized applications, powering everything from crypto exchanges to NFT-based games. The combination of a clear financial strategy and continued technical progress points to a strong and sustainable future for the network.

Conclusion

Congress’s struggle to chart clear policy for crypto amid President Trump’s tangled interests underscores the uphill climb toward regulatory clarity. Even as legislators spar over bills like CLARITY and GENIUS, the debate signals that digital assets are no longer fringe.

Investors should note that ecosystem maturity depends on balanced oversight, and tokens grounded in fundamental utility may weather political storms. Whether investors lean toward on-chain innovation or time-tested protocols, now is a moment to stay strategic and selective. Research thoroughly, focus on resilience, and remember that amid changing rules, the best crypto to buy now often marries vision and stability.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Nikolay

Николай е опитен инвеститор и ентусиаст в света на криптовалутите, с изключителен интерес към нововъзникващите технологии и стратегии за инвестиции. Той държи активни позиции в различни криптоборси, като редовно анализира и инвестира в обещаващи нови проекти и меме криптовалути. Ники е известен със своята способност да поема обосновани рискове и да извлича стойност от нестандартни инвестиции, като най-голямата му възвръщаемост е 13 пъти с $PEPE токена. Неговата философия за инвестиции включва стратегически подход, ориентиран към дългосрочен растеж, подкрепен с детайлно изследване на пазарните тенденции и иновациите в крипто и блокчейн технологиите.