Not endorsed by Donald Trump, Senator John Thune defeated the Elon Musk-supported Senator Rick Scott to become the new Senate majority leader.
Senate news
Bitcoin’s ability to reach and hold the $100,000 level will be influenced by the upcoming $11.8 billion options expiry.
With Republicans soon to have a majority in the US Senate, Cynthia Lummis said she plans to have lawmakers pass a bill to “build a strategic Bitcoin reserve.”
The Republican-led Senate is poised to bring clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.
Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.
The Defend American Jobs political action committee has spent more than $40 million on media buys supporting businessman Bernie Moreno’s Senate run.