Crypto-Backed Super PAC Launches Midterm Election Endorsements Push
Tether’s top government affairs official is now running one of the most well-funded political operations in the crypto world. Jesse Spiro, who serves as head of government affairs for the stablecoin giant, was named chair of Fellowship PAC earlier this month — a crypto-aligned super PAC that says it has more than $100 million ready […]
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Stand With Crypto, an advocacy group backed by crypto exchange Coinbase (COIN), has unveiled its first endorsements for the upcoming midterm elections in the United States and unveiled a new online voter hub aimed at mobilizing pro-crypto voters. Stand With Crypto Builds Voter Tools In a Thursday press release, the organization said it will back […]
Ohio’s midterm election in November will feature a Democrat and Donald Trump-backed Republican who are both friendly to the crypto industry. JD Vance has won the Ohio Republican Senate primary election, making him the GOP’s candidate in the highly anticipated Senate race against Democrat Tim Ryan in which both parties are trotting out crypto-friendly candidates.The Guardian reported that Vance may have been pushed to victory on Tuesday by a last-minute endorsement from former President Donald Trump on Apr. 23, helping him beat out presumed front-runner, the former state treasurer Josh....
Despite trading more than 40% below its all-time high, with $70,000 serving as a short-term support level, Bitcoin (BTC) may be poised for a repeat pattern that could lead to a 54% increase following this year’s US midterm elections. New research from cryptocurrency exchange Binance suggests that, historically, the aftermath of midterm elections has been positive for both the Bitcoin price and the S&P 500. Will Bitcoin Follow Historical Patterns? The research shows that since 1939, the S&P 500 has reported no negative returns in the 12 months following midterm elections, averaging....
Every few years, a chart pattern resurfaces in the Bitcoin market that commands serious attention because it has repeated itself with near-mechanical consistency across every major US midterm election cycle since Bitcoin first started trading. Bitcoin’s price history shows that these election-year corrections often happen near the end of major bull cycles before eventually giving way to another powerful expansion phase. Now, with the 2026 midterm cycle underway and Bitcoin already more than 50% off its all-time high, the coming months could include both a deeper correction and a much....
Following a successful showing in 2024 US elections, the cryptocurrency industry is significantly increasing its political spending in preparation for the 2026 midterms. A number of super political action committees (PACs) focused on crypto are pooling together a major $263 million war chest, according to Bloomberg. Fairshake Leads With $141 Million The legislative victories with […]