Crypto and blockchain leaders have raised over $78 million to support the election of pro-crypto candidates

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Texas Congressional Runner Hops Crypto Wave With BTC Holding – Crypto News

Published

1 year ago

March 28, 2024

Dripp

The US 2024 elections are just around the corner and candidates are gearing up for their campaigns. As the decision date comes closer, crypto investors are also watching closely to assess the trajectory of future policies and regulations. The impact of crypto voters in the upcoming US 2024 elections is growing. In the last development in the same suit, a Texas congressional candidate has revealed their fair share of crypto holdings.

Texas Congressional Candidate Declares BTC, ETH Holdings

According to Investing.com reports, Texas congressional candidate Girish Altekar has a strong interest in cryptocurrency. As of the filing deadline, Altekar, a Libertarian candidate for Texas District 37 U.S. House seat, possessed three other cryptocurrencies in addition to Bitcoin. Altekar declared that he possessed $50K–$100K in Bitcoin, $1K–$15K in Cardano, $1K–$15K in Ethereum, and $15–$50K in Solana.

US 2024 Election Sees Heightened Crypto Voter Interest

It should be obvious by now that advocates of cryptocurrencies want better laws and more openness from lawmakers about their comprehension and approval. Katie Porter’s loss in the Senate serves as an excellent illustration of this. It is connected that Schiff defeated Congresswoman Katie Porter in the California Senate Primary and that Porter chose to support Senator Elizabeth Warren’s anti-crypto stance, as CoinGape previously revealed. People have been backing John Deaton to increase the number of bitcoin players involved in US politics ever since he announced he would be running against Elizabeth Warren for the US Senate seat. Rumors that Senator Elizabeth Warren would face opposition to her Senate candidacy prompted her to galvanize her support network.

According to Forbes, one in five Americans currently owns digital assets. Fifty-two million people, that is. The amount is large enough to have a major impact on the outcome of the US presidential election. Therefore, any government wishing to win an election would probably need to win over Bitcoin enthusiasts.

Trump VS Biden: Who Has Better Chances in US 2024 Elections?

At present, Republican Donald Trump has been surpassed by President Joe Biden in six of the seven critical swing states, and he has done it decisively in at least two of them. The results of a regular Bloomberg News/Morning Consult survey show that the Democrat’s status is at its highest point. Following a State of the Union address that electrified Democrats and seemed to ease concerns about Biden’s age, there has been a tilt toward the president. It follows five months of Trump leads that have been mainly steady.

As elections approach closer, it would be interesting to see which side crypto market enthusiasts choose and what new policies are enacted by government members.