A spokesperson for Fairshake said the PAC was “keeping [its] foot on the gas” after its success in the 2024 US elections. Source: https://cointelegraph.com/news/crypto-influencing-us-midterms-fairshake-pac?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
The Real Strategic Reserve? Crypto Super PAC Fairshake Raises $116 Million for 2026 Elections
Fairshake, the pro-crypto super PAC that dominated November’s U.S. elections and reshaped American digital assets policy, announced Thursday that it has already raised over $116 million to spend on the 2026 midterms. The donations include those from the usual suspects, such as Andreessen Horowitz, Coinbase, and Ripple—the corporations that principally bankrolled Fairshake’s $300 million blitz in 2024. However, other notable…
Danny Ryan’s return? Ethereum wallets say yes
Wallets holding $159 million in ETH have informally voted Danny Ryan, an Ethereum researcher, to be the next leader of the Ethereum Foundation. Source: https://cointelegraph.com/news/eth-wallets-vote-danny-ryan-ethereum-foundation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Interest in Bitcoin-backed loans returns: Will TradFi join this time?
The Bitcoin-backed loans market is expected to grow fivefold in the coming years. Cointelegraph explores the nuts and bolts of the niche industry. Source: https://cointelegraph.com/news/interest-in-bitcoin-backed-loans-returns-will-trad-fi-join-this-time?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs Gain $92 Million While Ethereum ETFs Experience $4.82 Million Outflow
The market momentum for bitcoin ETFs continued after a sluggish start to the week, with Wednesday’s inflow hitting $92 million. Bitcoin ETFs Attract $92 Million in Fresh Inflows On Wednesday, Jan. 29, bitcoin exchange-traded funds (ETFs) experienced a net inflow of $92.09 million, according to data from Sosovalue. This marks a continuation of positive momentum […] Source: https://news.bitcoin.com/bitcoin-etfs-gain-92-million-while-ethereum-etfs-experience-4-82-million-outflow/
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase. Source: https://cointelegraph.com/news/norway-sovereign-wealth-fund-indirect-bitcoin-exposure-k33?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin mining hashrate set to slow down — Here’s why
After a tough 2024 for the Bitcoin mining industry, mining companies might finally get some relief as competition might slowly cool down. Source: https://cointelegraph.com/news/bitcoin-mining-hashrate-set-slow-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Here’s why DeepSeek crashed your Bitcoin and crypto
DeepSeek may have “nothing to do” with crypto, but its sudden entrance on the scene affected crypto prices. Source: https://cointelegraph.com/news/deepseek-crash-bitcoin-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
XRP's 50% rally outperforms crypto market in January — Is $4 the next stop?
XRP decoupled from the crypto market after positive regulatory developments for Ripple Labs reinforced investors’ bullish conviction in the altcoin. Source: https://cointelegraph.com/news/xrp-s-50-rally-outperforms-crypto-market-in-january-is-4-the-next-stop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
El Salvador Rushes to Approve Bitcoin Law Amendment to Comply With IMF Loan Terms
El Salvador has voted to scale back its radically pro-Bitcoin legislation after agreeing to a deal with the International Monetary Fund (IMF) in December 2024, Reuters reports. The deal involved El Salvador making a basket of financial reforms in exchange for a $1.4 billion loan from the IMF’s Extended Fund Facility (EFF) to fund the government’s reform agenda. In December…