Democratic sweep of Congress forces crypto industry to rethink Washington strategy
After two years of a pro-crypto, pro-innovation climate in Washington, the digital asset industry faces a sharp political jolt.
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The Block Articles
Updated 3 min ago · 5 articles from The Block
Bitcoin rebounds past $80,000 as markets shrug off midterms and Binance hack
Bitcoin rose 3.5% to $80,500 and ether jumped 6% after Democrats won Congress, while Bitwise says the Binance hack had limited market impact.
French Hill’s race still too close to call as House flips, changing the direction of crypto legislation
As of Wednesday afternoon, House Financial Services Committee Chair French Hill's race for reelection is too close to call.
Former Sen. Sherrod Brown defeats Jon Husted, dealing a blow to crypto PAC Fairshake
Former Democratic Sen. Sherrod Brown is taking back his spot in the Senate, leaving crypto political action committee Fairshake with the bag.
Prediction markets bet on Democratic sweep of House, Senate in midterm elections
Ahead of polls closing across the U.S., bettors on prediction markes are increasingly pricing in Democrats taking both the House and Senate.