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Crypto PAC Fairshake jumps into first midterm Senate race with $5 million in Alabama

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Crypto’s $193 million campaign finance arm, Fairshake Political Action Committee, is launching into the congressional midterm season with a massive $5 million injection into the Republican primary campaign of Barry Moore, a US congressman now running for the Senate. One of Fairshake’s affiliates, Defend American Jobs, is committing to this spending to support Moore, even […]

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Crypto’s banking opponents didn’t want to act in the latest White House meeting on the bill

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Crypto industry negotiators arrived at the White House on Tuesday ready to talk about a legislative deal on stablecoin dividends, but their banking counterparts were not yet ready to compromise on the Senate’s crypto market structure bill, according to a person familiar with the negotiations. The fight over whether stablecoins should be able to offer

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What to expect at CoinDesk’s Consensus Hong Kong 2026

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CoinDesk’s Consensus Hong Kong 2026 is here. Over the next two days, more than 10,000 attendees will hear from over 350 speakers across five stages as they discuss tokenization, stablecoins, AI and more. The conference comes just after crypto markets hit a period of intense volatility. Bitcoin BTC$68,747.00 plummeted from over $95,000 to close to

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Ex-SafeMoon CEO gets 8 years in prison for defrauding investors

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Former SafeMoon CEO Braden John Karony faces an 8-year prison sentence after being convicted last year on federal charges linked to defrauding investors in his digital asset operation. The 100-month sentence was handed down Tuesday in the U.S. District Court for the Eastern District of New York, and Karony must also forfeit $7.5 million and

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AI craze helps limit crypto’s upside, says Wintermute: Crypto Daybook Americas

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By Francisco Rodrigues (all times ET unless otherwise noted) Bitcoin BTC$68,747.00 fell to $68,500 on Tuesday, after failing to regain $70,000 after trading above that level for a while over the weekend. The CoinDesk 20 Index (CD20) fell 0.23% over the past 24 hours. The market appears to be stabilizing after last week’s drop to

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Crypto exchange Kraken fires CFO Stephanie Lemmerman as the long-awaited IPO approaches

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Kraken fired its chief financial officer, Stephanie Lemmerman, just as the crypto exchange was preparing to go public in the US earlier this year, according to two people familiar with the matter. Lemmerman joined Kraken from Dapper Labs in November 2024 and was the exchange’s CFO for one year and four months. She now has

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JPMorgan cuts Coinbase (COIN) price target to $290 ahead of earnings

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The downturn in the crypto market has been particularly hard on leading U.S. exchange Coinbase ( COIN ), which has seen its stock plunge more than 50% since bitcoin’s early October record above $126,000, including a 27% drop in 2026 alone. In an effort to make up for the rapid decline, JPMorgan’s Ken Worthington lowered

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BTC is staying within a tight range as markets prepare for January employment data

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Following the usual recent pattern, crypto markets fell sharply as US stocks opened for trading on Tuesday, but recovered most of those losses in a similarly quick fashion. Mid morning trading, bitcoin BTC$69,578.46 was at $69,200, down marginally from 24 hours ago. Ether ETH$2,027.59 underperformed, down 1.8%, with corresponding declines in XRP XRP$1.4206 and Solana

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