Barry Moore's win with over 12 million USD from Fairshake is a clear signal: crypto isn't just a tech story anymore; it's become a real political powerhouse in the U.S.
This hefty spending during the election season helped get a crypto supporter into the Senate, strengthening the lobbying corridor for more crypto-friendly policies. This move reduces long-term regulatory risks for the entire market.
But trading is a different ball game. This news is macro-level, not a signal to FOMO right away. The market was already pricing in this trend. What we really need to keep an eye on are the midterm elections in November and the specific regulations that follow.
A solid step forward for the industry, but risk management is priority number one.
#Bitcoin #Crypto #Chinhtri #Regulation #DYOR
This hefty spending during the election season helped get a crypto supporter into the Senate, strengthening the lobbying corridor for more crypto-friendly policies. This move reduces long-term regulatory risks for the entire market.
But trading is a different ball game. This news is macro-level, not a signal to FOMO right away. The market was already pricing in this trend. What we really need to keep an eye on are the midterm elections in November and the specific regulations that follow.
A solid step forward for the industry, but risk management is priority number one.
#Bitcoin #Crypto #Chinhtri #Regulation #DYOR