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Official Trump (TRUMP) plunged 17% to $1.33, while World Liberty Financial (WLFI) fell more than 7% following Democratic gains in the US midterm elections, according to CoinMarketCap data cited by Cointelegraph.
Democrats were projected to control both chambers after flipping Senate seats and more than a dozen House seats, according to a report by CoinDesk.
The cryptocurrency industry has committed approximately $63 million to oppose former US Senator Sherrod Brown’s Ohio Senate campaign, according to a report by CoinDesk.
Stand With Crypto endorsed a bipartisan slate of candidates in Senate and House races Wednesday, according to Bloomberg Government.
US Senator John Curtis has requested the Senate Judiciary Committee subpoena Donald Trump Jr. and Hunter Biden over their digital asset promotions and foreign business ties.
Stand With Crypto will add senators’ Clarity Act votes to its public scorecards ahead of November’s midterm elections.
BitMEX co-founder Ben Delo gave Reform UK £4 million across two donations in April 2026.
Fairshake has entered the final stage of the 2026 US election cycle with $122 million available for campaign spending.
Fairshake affiliates spent more than $1.5 million on four US races after a supported candidate lost in Michigan.
Protect Progress spent more than $2 million opposing Democrat Oliver Gilbert in Florida’s 24th congressional district.
Crypto-backed political action committees recorded a mix of victories and defeats in primary races across Florida, Alaska and Wyoming.
A crypto-backed political action committee spent money in a Michigan Democratic congressional primary, extending the industry's involvement in the 2026 US election cycle.
