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World Cup Predictions: 100,000 USDT DailyStop Lawmakers From Predicting': GOP Bill Targets Congress Betting on Kalshi and Polymarket A New Line Between Lawmaking and Betting Rep. Bryan Steil (R-Wis.),

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Stop Lawmakers From Predicting': GOP Bill Targets Congress Betting on Kalshi and Polymarket

A New Line Between Lawmaking and Betting

Rep. Bryan Steil (R-Wis.), chairman of the Committee on House Administration, unveiled the measure recently, framing it as a basic ethics guardrail. “It is inappropriate for members of Congress to trade on the outcomes of elections or public policy,” Steil said. The bill targets a fast-growing corner of the market where users can wager real money on whether a specific government policy, government action or political outcome will happen.

Under the legislation, House members, their spouses and their dependent children would be prohibited from placing such bets. Crucially, the ban is narrow, covering wagers on political and policy events (including anything that came to a lawmaker’s attention through their congressional service) while still permitting bets on unrelated events such as sports.

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Violators stand to face a penalty of at least $2,000 or 10% of the trade’s value, whichever is higher, and would have to forfeit any net profits from the wager. Lawmakers would also be barred from using office funds or campaign money to pay those penalties, closing an obvious loophole.

The proposal arrives amidst notable political backing, with House Speaker Mike Johnson and President Donald Trump both supporting the measure. The move mirrors a step the Senate took earlier this year, when it adopted a rule barring senators and their staff from betting on prediction markets.

A Market Under Mounting Scrutiny

The bill comes into the fore as prediction markets have continued to face pressure on multiple fronts. Most recently, Bitcoin.com News reported that the House Oversight Committee, led by Rep. James Comer, launched a probe into Polymarket and Kalshi over insider-trading safeguards, with Comer calling the space a “wild west” where “there are no rules.”

The platforms have also drawn s

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World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX Challenge1$ Margin TradeXRP Still Favors Lower Prices as Elliott Wave Suggests Correction Not Over $XRP may face more downs

XRP Still Favors Lower Prices as Elliott Wave Suggests Correction Not Over


$XRP may face more downside despite posting modest gains over the past 24 hours.

A recent Elliott Wave breakdown suggests the $XRP corrective phase has not yet finished. According to CoinMarketCap data, $XRP is trading at $1.14, up 2.07% over the last day. However, the broader trend remains weak. $XRP is down 17% over the past month and has lost 37.67% since the start of the year.

Elliott Wave Signals Further Weakness

Notably, the Elliott Wave analysis suggests $XRP remains trapped in a corrective structure. Based on the examination, lower prices could come before a meaningful recovery begins.

The Elliott Wave count shows $XRP breaking below a descending trendline. The current move may represent the final stage of a five-wave correction. Downside targets are based on Fibonacci retracement levels.

The first major support level sits near the 50% Fibonacci retracement at $0.9859. A move to that level would represent a decline of about 13.5% from the current price.

If selling pressure continues, $XRP could fall toward the 61.8% retracement at $0.7367. That would amount to a drop of roughly 35.4%.

The analysis also outlined a worst-case scenario near the 78.6% retracement level at $0.4865. Reaching that target would mean a decline of nearly 57.3% from current levels.

XRP Still Favors Lower Prices as Elliott Wave Sugg

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 TL;DR
 Woetoe says the ETH/BTC ratio is near 0.027, back around early-2023 levels.
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Bitcoin's Wyckoff Accumulation is unfolding. Accumulation: Feb-May 2026. Manipulation: Q3 2026. Distribution: Q4 2026 - Q1 2027. Where we are: The shake-out before the rally. The phase that scares weak hands out. The phase that smart money waits for. Target after Manipulation: $150K+. Patience pays.

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Tom Lee Responds to Concerns Over Ethereum's Funding Crisis: Probability is Zero, Funds are in Place

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