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Best crypto to buy now as SEC scraps Biden era proposed crypto rules
- The US SEC has rescinded a series of proposed rules introduced under the previous administration.
- Bitcoin Pepe's presale has raised over $14 million in its ongoing presale.
- Bitcoin dropped closer to $100,000 after Israel launched airstrikes on Iran, heightening geopolitical tensions.
- Bitcoin fell 2.8% to $103,053 within 90 minutes post-Israel's responsibility for the strikes.
- The SEC withdrawing Biden-era proposed rules could impact crypto regulation positively.
- Scrapped proposals include measures on crypto custody and exchange oversight.
- President Donald Trump's push for regulatory rollbacks is evident.
- Regulatory clarity is predicted to benefit altcoins and meme coins like Bitcoin Pepe.
- Altcoin markets may see a transition from pure speculation to utility-driven narratives.
- Projects like Bitcoin Pepe aim to merge meme culture with technical innovation.
- Bitcoin Pepe, with a defined roadmap, has raised significant funding in its presale.
- The project focuses on infrastructure and aims for a listing announcement on June 17.
- Improved regulations could enhance investor confidence in meme coins and altcoins.
- Market sentiment may start rewarding substance over hype in digital assets.
- Bitcoin Pepe combines cultural relevance with technical development for potential success.
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