With the US midterms happening today, the editorial team at Crypto Lists are looking at why they’ve become an increasing part of the online chatter around cryptocurrencies.

Unless you’ve been living under a rock, you can’t help but notice the political climate heats up in the run-up to the midterm elections. You may not be able to ignore the constant political commercials, whether watching T.V, listening to the radio, or browsing the internet, even if your mailbox isn’t flooded with innumerable fliers about the various candidates.

Crypto PAC’s introduction to the political scene

The Crypto Freedom PAC’s introduction to the political scene marked the beginning of the group’s efforts to inject its own unique brand of politics into the ongoing discourse. Specifically, it has worked to advance crypto-friendly politicians who can safeguard their ideal crypto future.

Reports from Bitcoin Magazine suggest that the White House is actively working on expanding cryptocurrency regulation. In particular, the White House has produced a study on the environmental effects of Bitcoin (BTC) mining and has advocated for the prohibition of the proof-of-work method, a central tenet of the Bitcoin economy. The Crypto Freedom PAC actively engages in the political process to ensure that crypto-friendly candidates are elected to office. If the PAC is successful, the Bitcoin market may be better able to withstand the proposed rules.

Theoretically, crypto-friendly senators in government would benefit your investment portfolio. After all, legislation is subject to revision. The long-term prospects of cryptocurrencies as an investment option may be bolstered if someone on Capitol Hill is interested in shielding the cryptocurrency markets from intruding legislation.

Rating: 9.17/10
Supply: 76,310,896,640 / 32,297,366,522
Release date: June 10, 2014

Description: Buy Tether, the biggest stablecoin in the world and pegged to the US dollar.

Risk warning: Trading, buying or selling crypto currencies is extremely risky and not for everyone. Do not risk money that you could not afford to loose.


Platforms backing pro-crypto candidates

Pro-crypto trade organization, the Crypto Council for Innovation, which represents Fidelity and Gemini, reported statistics last Wednesday reportedly showing that 1 in 7 voters “hold crypto and declare that they’re open to voting for pro-crypto candidates.” The cryptocurrency exchange Coinbase, which has over 100 million users worldwide, has started its voter registration effort and is grading candidates based on their openness to crypto concerns. Meanwhile, an increasing number of candidates for public office are taking Bitcoin payments to highlight their positivity toward the crypto space.

All of this is done with the hope that one day a sizable proportion of people will cast ballots for and donate to candidates who favor the growth and use of cryptocurrency. To be clear, it’s still early on. People behind the massive effort to register and turn out crypto voters told Recode that the approaching elections are only a dry run but that the ultimate objective is to create a voting bloc that is ready to vote in the direction of the crypto business.

Voters may opt for pro-crypto candidates

Numerous topics, such as abortion, gun control, free and fair elections, the economy (including crypto), and so on, have pushed many people to the polls, which has put the future majority power in the House of Representatives and the Senate in threat. The results of a 2,029-person poll conducted by The Harris Poll between October 6 and 11 indicate that 38% of prospective midterm voters will consider a candidate’s views on cryptocurrency regulation when casting their ballot. With 87% of Democrats and 76% of Republicans wanting clarification from the U.S. government, the study conducted by Grayscale Investments reveals that cryptocurrency regulation is a bipartisan concern.

Numerous candidates for both the Democratic and Republican parties have expressed both support for and opposition to cryptocurrencies, and there are representatives of both parties in the Congressional Blockchain Caucus. Morning Consult reported late last year that almost equal numbers of Democrats and Republicans prefer fewer controls on crypto. Pro-cryptocurrency groups have conducted similar polls with similar results.

According to a recent Morning Consult study commissioned by Haun Ventures, “Web3 voters” in New Hampshire, Nevada, Ohio, and Pennsylvania tilt slightly Democratic. Web3 is a phrase used by some to refer to technology such as cryptocurrency and the blockchain.

Wrapping it up

If voters vote for pro-crypto candidates and secure the seats, the tough crypto regulations will surely be friendlier. Better regulations mean a potential growth of crypto prices, making digital currencies profitable investments for those interested.


Get Binance.US


Rating: 9.5/10
Number of instruments: 309+ instruments

Description: Sign up to one of the best and most easy-to-use crypto platforms in the United States!

Risk warning: Trading, buying or selling crypto currencies is extremely risky and not for everyone. Do not risk money that you could not afford to loose.


Tether Newsflash
    Tether swaps Solana for EthereumTether swaps Solana for Ethereum
    Saturday, 19 Nov 2022 10:20 am
    Tether has announced a $1bn USDT swap, moving a massive amount of coins from the Solana network over to Ethereum. This on-chain swap (which are used to move USDT from one blockchain to another) has likely been prompted by the ongoing issues surrounding Solana in the wake of the FTX and Alameda meltdown. But with ambitious plans ahead, Crypto Lists isn't writing off SOL just yet. If you want to get involved when the prices are super low, then Sign up for MEXC Global he...
    Read the full newsflash


    USDT and USDC on Solana back on trackUSDT and USDC on Solana back on track
    Thursday, 17 Nov 2022 11:24 pm
    While Binance is under investigation and is 'a walking time bomb' according to Nouriel Roubini, CZ made sure that USDT and USDC transactions over the Solana network on Binance were temporarily suspended for three hours, between 12:05 and 15:05. Crypto Lists speculate that the downtime was due to some trading tick size adjustments, something that OKX did two days ago. Circle, the organisation behind USDC, was quick to...
    Read the full newsflash


    USDT and other stablecoins begin to settleUSDT and other stablecoins begin to settle
    Friday, 11 Nov 2022 4:43 am
    Due to the commotion with FTX, lots of stablecoins depegged slightly, but the volatility seems to have settled somewhat. Markets have recovered slightly since the events of Tuesday and Wednesday, with a 5% gain in market cap overall.Time will tell whether we're set for another fluctuation. USDT and others remain good options for those wishing to wait to enter the market when prices are suitably low. If you want to begin your journey into crypto, you can Sign up for eToro here...
    Read the full newsflash


    Tether launching GBP-pegged stablecoin GBPT in JulyTether launching GBP-pegged stablecoin GBPT in July
    Wednesday, 22 Jun 2022 12:26 pm
    Just a few days after Circle announcing the release of EUROC, Tether counters with launching a sterling based stablecoin. Similar to USDT, the name for the upcoming release will be GBPT and it is pegged 1:1 against the British pound. In early July you can expect to be able to spread your exchange rate risk with having GBPT in your crypto wallet. Sites such as Kucoin (review) will have it and you can sign-up for a free Kucoin account here...
    Read the full newsflash


    Kucoin release Luna 2.0 futures: LUNA/USDTKucoin release Luna 2.0 futures: LUNA/USDT
    Tuesday, 31 May 2022 5:45 pm
    For those into leverage trading, that is now possible with Luna 2.0 and Tether (USDT) through Kucoin (review). You can set the leverage between 1x (so no leverage) up to 20x. You can go both long and short in Luna 2.0 and if setting a take profit and stop-loss, it's simple to handle the position. Kucoin shows the amount of long and short positions, that varies constantly. While writing this - 60% are long in LUNA and 40% are short. Keen on trying? Sign-up for Kucoin today and give...
    Read the full newsflash

Recent crypto sites
Recent crypto coins
CryptoLists.com
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top