The potential lifting of outdated reporting thresholds for financial institutions under a foundational US Anti-Money Laundering (AML) framework could significantly reduce regulatory burdens for crypto companies. This development arrives as a bullish signal amidst a pause in crypto's regulatory progress, largely attributed to a lengthy government shutdown.
Concurrently, retail traders are actively seeking affordable cryptocurrencies to capitalize on anticipated market rallies in the fourth quarter. While Shiba Inu price predictions remain a popular discussion point, a considerable number of traders are expressing interest in presale projects like DeepSnitch AI due to their perceived higher upside potential.
DeepSnitch AI, currently in its early presale stage, is on track to raise $500,000 if its current momentum is sustained.
The Expected Impact of STREAMLINE on the Crypto Market
Senator Tim Scott, Chair of the Senate Banking Committee, has spearheaded the introduction of the STREAMLINE Act, co-sponsored by a group of US senators. This proposed legislation aims to increase the reporting threshold mandated by the Bank Secrecy Act.
The Bank Secrecy Act, originally enacted in 1970, obliges financial institutions to cooperate with federal authorities in identifying and preventing financial crimes, including money laundering. The proposed STREAMLINE Act seeks to update these regulations by raising the reporting threshold for certain transactions from $10,000 to $30,000. Additionally, it proposes increasing the Suspicious Activity Report (SAR) threshold from $2,000 to $3,000, and another threshold from $5,000 to $10,000. To ensure continued relevance, the Treasury Department would be tasked with adjusting these amounts every five years to account for inflation.
Given that US-based exchanges are currently required to adhere to the existing Bank Secrecy Act, the STREAMLINE Act proposal is expected to foster greater regulatory clarity and alleviate compliance burdens for these entities.
In parallel, lawmakers are demonstrating increased collaboration with leaders in the cryptocurrency space, which further propels regulatory advancements for the sector. For instance, Senate Democrats recently convened with prominent figures from the crypto industry to discuss the US Market Structure Bill. This bill is designed to establish a unified federal legal framework for cryptocurrency regulation.
The meeting, which took place on October 22, included several senators, such as Senator Kirsten Gillibrand, alongside experts from major crypto companies including Coinbase, Kraken, Chainlink, and Circle.
While these legislative and policy developments may have direct implications for crypto traders, the prospect of a clearer regulatory landscape is widely viewed as a positive development for the market. Such clarity could facilitate broader mainstream adoption of cryptocurrencies. As retail traders anticipate increased liquidity entering the market, many are simultaneously increasing their exposure to more affordable crypto assets.
Best 3 Affordable Crypto Coins
1. DeepSnitch AI Price Prediction: The Rare 100x Gem?
Despite being a relatively new presale project, launched less than three months ago, DeepSnitch AI is already generating significant buzz. With approximately $450,000 raised so far, investors are expressing enthusiasm not only for the projected 100x upside potential but also for the project's sophisticated AI utility.
The core concept behind DeepSnitch AI is to empower retail traders by providing them with an informational edge comparable to that of whales, insiders, and influencers who often capitalize on market movements due to early access to information. DeepSnitch aims to achieve this through an AI-driven analytics suite, featuring a dashboard powered by five distinct AI agents. These agents will analyze various aspects of the market.
In addition to tracking whale movements, identifying high-potential coins, and monitoring market sentiment, DeepSnitch will implement an advanced alert system. This system is designed to promptly notify users of potential risks, including scams, rug pulls, insider trading activities, or FUD (Fear, Uncertainty, and Doubt) storms.
The project's broad appeal, stemming from its practical utility for a wide range of traders, suggests that DeepSnitch AI could leverage its AI capabilities to achieve significant market prominence.
Furthermore, the project is notable for its strategy of bridging different sectors. The AI agents are being designed as unique meme characters, which could contribute to DeepSnitch AI's instant recognizability. The project has also allocated 30% of the total DSNT supply for marketing initiatives, which could potentially drive its value parabolically.
The current price of DSNT is set at $0.01992, offering one of the most accessible entry points into the AI-focused cryptocurrency market. When combined with its core utility and meme appeal, DSNT is positioned as a presale token with substantial upside potential.
Early investors are expressing confidence that DeepSnitch AI could experience gains exceeding 100x upon its listing on exchanges. This potential for significant returns, where a $500 investment could theoretically grow to $50,000, is a primary driver behind the strong interest from traders.
2. Shiba Inu Price Prediction: Will Shiba Inu Price in 2025 Reach New Heights?
As of October 20, Shiba Inu (SHIB) was trading around $0.00000989, according to CoinMarketCap.
Analysts acknowledge that the Shiba Inu price in 2025 has fallen short of earlier expectations. However, there is optimism for a potential reversal, as SHIB is currently trading above the critical $0.00000900 support level.
A noticeable falling wedge pattern on the price chart is also identified as a strong technical indicator suggesting a potential uptrend. The convergence of the trendlines within this pattern could signify a rapid easing of selling pressure.
A successful breakout above the uptrend line could lead to SHIB surging to $0.00001150. Sustaining this upward momentum might significantly influence the SHIB forecast, potentially pushing the upper target to $0.00002350.
While the short-term SHIB coin prediction suggests a possibility of a breakout, the overall upside potential might not be as substantial compared to emerging presale projects.
3. Dogecoin Price Prediction: How Far Can DOGE Go in Q4?
According to CoinMarketCap, DOGE has recently dipped to the upper $0.1900 area.
Although a price drop below the critical $0.2000 level might suggest a breakdown, some analysts believe a short-term rally is still possible. Technical indicators point towards a potential surge to the $0.2300 resistance level. If this level can be converted into support, it could fuel further upward momentum.
Other analysts, while maintaining a cautious outlook, suggest that if selling pressure continues to decrease, DOGE could potentially reach $0.23 and subsequently advance towards $0.29.
Conversely, if the price closes below $0.18, DOGE might experience a decline, potentially falling to as low as $0.1400.
Conclusion
A more accommodating institutional framework for cryptocurrencies in the United States is likely to usher in a new era for the market. As traders anticipate significant rallies, the Shiba Inu price prediction may signal an impending uptrend, which would be positive news for SHIB holders.
However, many established meme coins have substantial market capitalizations, which could potentially limit their near-term upside potential.
For potentially explosive gains, presale opportunities often present the most compelling prospects. DeepSnitch AI is rapidly establishing itself, building a reputation as a potential 100x moonshot. The opportunity to significantly multiply even a small investment attracts new traders looking for exciting and potentially lucrative ventures.
And in the current market, few areas are as exciting as artificial intelligence.
Participating in the DeepSnitch AI presale offers a rare opportunity for substantial returns.
FAQs:
1. What is the STREAMLINE Act, and how does it affect crypto?
The STREAMLINE Act, introduced by Senator Tim Scott, proposes increasing the financial reporting thresholds under the Bank Secrecy Act. By modernizing these regulations, it aims to reduce compliance burdens for crypto companies.
2. What is the current Shiba Inu price prediction for 2025?
Analysts predict that Shiba Inu (SHIB) could rebound from its current support level of approximately $0.00000900 and potentially target $0.00002350 in 2025, contingent on an improvement in market sentiment and the influx of new liquidity into the crypto sector.
3. Why are investors switching from Shiba Inu to DeepSnitch AI?
While Shiba Inu remains a prominent meme coin, DeepSnitch AI presents a greater potential for upside as an early-stage presale project. Its AI-powered trading suite, capable of identifying whale activities, scams, and market sentiment shifts, has already attracted nearly $500,000 in early investments.