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Cryptocurrency News Articles

Senator Elizabeth Warren Makes a Sharp U-turn on Her Crypto Views, Wants to Work With Trump to End Debanking

Feb 06, 2025 at 07:10 pm

Senator Elizabeth Warren, an anti-crypto skeptic, made a sharp U-turn on her crypto views at a hearing on Wednesday. She said that she wants to work

Senator Elizabeth Warren Makes a Sharp U-turn on Her Crypto Views, Wants to Work With Trump to End Debanking

Senator Elizabeth Warren, a known anti-crypto skeptic, made a surprising U-turn on her crypto views at a hearing on Wednesday. She stated that she wants to work with Trump to put an end to debanking by financial institutions.

Debanking is a practice where banks and other financial institutions sever ties with businesses that have any involvement in crypto.

For instance, as per Marc Andreessen, co-founder of Andreessen Horowitz (a venture capital firm), 30 of his clients were deboarded in the last four years. ‘My guess is we’ll find Elizabeth Warren’s fingerprints all over it.’

However, with Biden no longer in the White House, it seems Sen. Warren has decided to go with the flow.

The crypto community didn’t expect this massive shift. Nonetheless, it’s certainly a massive positive for the overall crypto business landscape amidst the ongoing tariff war.

The Tariff Effect on Crypto

Trump’s imposition of tariffs on imports from Canada and China pushed the crypto market into a $2B liquidation. Fear loomed large on the street as Bitcoin dipped below the $92K mark.

Tariffs on specialized hardware important for mining can put small miners out of business in the wake of increasing costs.

At the same time, a tariff war can lead to sudden dips and rises in the markets, increasing volatility. The situation can also lead to tighter regulations and compliance issues, which may hinder growth.

As traditional and crypto markets face the tariff brunt, investors may look to park funds in decentralized finance (DeFi) assets to overcome regulations by resorting to peer-to-peer transactions.

One of the major beneficiaries of the DeFi growth will be the best altcoins and meme coins. One such meme coin is Wall Street Pepe ($WEPE).

What Is $WEPE And Why Is It a Top Altcoin?

Wall Street Pepe ($WEPE) is the best crypto presale of 2025. A highly sought-after meme coin carrying forward the legacy of the famous frog meme, $WEPE looks to put small investors right on par with the institutional players as far as crypto profitability is concerned.

For too long, the markets have been dominated by a group of whales with exclusive access to insider information. However, $WEPE looks to change this.

This way, retailers like you and me will be able to make informed investment decisions.

Even whales can’t stay away from $WEPE. For instance, a crypto whale bought $200K worth of $WEPE in a single transaction on 16th December.

Wall Street Pepe calls its token holders the $WEPE army – a private group where investors can share knowledge, collaborate, and brainstorm new investment ideas.

Folks can even share their successful trading strategies with the community and get impressive rewards in return. This means there’s enough incentive for the group to flourish as a whole.

Speaking of creating and nurturing a community, $WEPE already has 43K followers on X and an active Telegram group.

Your Last Chance to Buy $WEPE

$WEPE has been among the most successful presales so far. It has already raised a whopping $70M, which is only behind $PEPU right now ($73M).

It’s also worth noting that $PEPU made a high of $0.075184, generating a massive 800% return for early investors. Seeing $WEPE’s journey so far, it could easily follow $PEPU’s path and turn out to be the next 100x meme coin.

$WEPE is in the last 10 days of its presale, but the tokens may sell out well before the deadline, given that the project is nearing its funding goal. This leaves you with very little time to hop on the $WEPE journey.

To buy it, head over to its official $WEPE presale page. Then, connect your crypto wallet (we recommend Best Wallet) and make sure you have enough ETH, BNB or USDT in your wallet to fund the transaction.

Next, choose the number of $WEPE you want to buy and approve the transaction from your wallet. As simple as it gets!

For more info, check out our step-by-step guide on how to buy $WEPE.

However, despite everything pointing one way, the crypto markets are more than capable of pulling out an Uno reverse. They can be volatile and are subject to market risks.

So, it’s important to do your own research before investing your hard-earned money in crypto. Also, this article shouldn’t be considered as a substitute for financial advice.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Feb 07, 2025