US Securities and Exchange Commission official Michael Selig has announced his nomination by President Donald Trump to chair the Commodity Futures Trading Commission. The move, focused on shaping crypto policies, requires Senate confirmation but is a confirmed shift in US regulatory leadership. This nomination adds a new dimension to the market outlook and the Solana price prediction. Nevertheless, a new presale project, DeepSnitch AI, is getting all the attention, with over $474,000 raised. It has already delivered nearly 38% paper gains to those who entered early. Now, the accumulation is massive for a project that is still in its stage 2.
Trump nominates Michael Selig to lead CFTC
Michael Selig and White House crypto adviser David Sacks confirmed reports of the nomination. Selig, currently serving at the SEC, is President Trump’s choice to lead the CFTC, potentially succeeding acting Chair Caroline Pham. His nomination aligns with the administration’s stated goal of establishing the US as a global “crypto capital,” a sentiment Selig reiterated in his announcement. The nomination process faces potential hurdles. At the time of the announcement, the nomination had not yet appeared in official congressional records or White House communications. Furthermore, the US government is currently in its fifth week of a shutdown due to disagreements over a funding bill. While the Senate can still pass legislation during a shutdown, the immediate priority for lawmakers will likely be resolving the funding impasse. Selig’s potential appointment is important for the crypto industry. His background at the SEC and stated alignment with making the US crypto-friendly suggest he could bring a specific perspective to the CFTC. His leadership could influence how rules are interpreted and enforced.
3 trending coins this week: DeepSnitch presale accumulation frenzy continues
DeepSnitch AI: Heavy accumulation signals major potential
The DeepSnitch AI presale is showing unmistakable signs of heavy accumulation. The project has moved past $474,000 raised, with the token price now at $0.02073. Furthermore, the presale is still in stage 2 and has already raised this amount. There are 13 more stages to go, and every countdown means more gains for those who enter early. Many are already accumulating, as many won’t want to take chances on what they consider the next crypto to explode. DeepSnitch AI perfectly closes the gap between meme coin hype and essential AI utility, making it a crossover project. It has the viral potential needed to get massive attention, but it’s backed by AI agents that serve the average crypto user. The latest dev update is proof of execution: SnitchFeed, the project’s intelligence layer, has officially moved from prototype to deployment within its internal environment. Real-time alerts and sentiment flows are now live, showing tangible progress. It’s built to give retail traders the edge they’ve been missing by tracking whale movements to close the information gap. Its utility is bear-proof, and its AI scam filter provides crucial protection. Fully audited for security, DeepSnitch AI is ticking all the boxes. This heavy accumulation phase is happening for a reason. Investors see a super rare opportunity in a project perfectly positioned for the next bull run.
Solana price prediction
The Solana price prediction 2025 is influenced by progress in global adoption through regulated investment products. Bitwise’s Solana Staking ETF has secured NYSE listing certification and is expected to launch imminently. Simultaneously, ChinaAMC debuted the world’s first spot Solana ETF in Hong Kong, providing investors in the region with direct, regulated access to SOL. These ETF launches are major milestones that could increase institutional capital.
However, the ecosystem also faces internal debates. Solana co-founder Anatoly Yakovenko recently challenged the security and decentralization claims of Ethereum Layer 2 networks, highlighting potential vulnerabilities. On the adoption front, Circle minted an additional 250 million USDC on Solana, improving stablecoin liquidity. While the SOL price has seen modest gains, the Solana price prediction points to further gains in the future.
Polkadot market update
Polkadot continues to improve its use cases, notably joining Unity Nodes to help power a decentralized telecom edge network. This integration showcases the platform’s ability to support infrastructure projects beyond typical DeFi applications. Despite this positive development, DOT’s price has underperformed both the global crypto market and its smart contract platform peers over the last week. Its 14-day RSI remains neutral, suggesting a lack of strong momentum. The price prediction indicates a potential slight drop by November.
The bottom line
Michael Selig’s nomination is positive for the crypto industry. In simple terms, the United States moving forward towards a crypto-friendly environment is great, especially for projects like DeepSnitch AI. It has the hype, the meme energy, the utility, and it is transparent with all processes. DeepSnitch AI is meant for those who are looking to increase their gains by 100x or above. The same way it is for those who want to use its tools to get better opportunities in the market. If you don’t want to miss this, visit the official DeepSnitch AI website and secure your position.
