Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, crypto money is flowing into US state political races with PACs building on 2024 successes. A Danish central bank staff paper revealed that only 4% of the nation’s citizens own crypto, far below other European countries and Jameson Lopp and five co-authors have proposed a new Bitcoin Improvement Proposal that looks to freeze dormant Bitcoin, including Satoshi’s stash.
Another political action committee (PAC) aligned with the cryptocurrency industry announced its endorsement for a candidate in Ohio’s Senate race, signaling a move that could mirror the 2024 US election.
In a Wednesday notice, Sentinel Action Fund, a group that claims to be the “only conservative Super PAC advancing pro-crypto candidates and supporting pro-crypto innovation,” said it would be supporting Republican Jon Husted in this year’s race to represent Ohio in the US Senate.
