Trump Family Crypto Ban Sparks Market Uncertainty, DeepSnitch AI Raises $476K

The crypto market experienced heightened volatility this week following a proposal by U.S. Representative Ro Khanna to ban members of the Trump family from trading cryptocurrency. The potential impact on market confidence is being closely watched, while Bitcoin and Ethereum held steady. Meme coins such as PEPE saw increased volatility as traders reacted to the news. Experts believe that regulatory clarity will ultimately drive long-term growth in crypto, potentially mitigating short-term market fluctuations. Meanwhile, DeepSnitch AI is attracting attention with its successful presale, raising $476,000. The project utilizes artificial intelligence (AI) to track whale wallet activity, flag risky contracts, and send real-time alerts on Telegram and X, enabling traders to make informed decisions faster. With a strong community and clear utility, DeepSnitch is positioned as a potential breakout project in the crypto space. This comes at a time of growing hype around AI-driven tools and meme coins. The market sentiment remains fueled by this trend, while some are predicting a short-term dip for PEPE before a rebound. The proposed ban on Trump family crypto trading has also sparked debate among investors. Some believe it will create uncertainty and volatility, while others see it as an opportunity to capitalize on potential buying pressure.