When Working with Cryptocurrencies

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Ripple Drops Another $25M Into Crypto PAC to Sway 2026 Congressional Races

Fairshake will have a whopping $103 million to spend on the next U.S. congressional election — so far — thanks to another $25 million just promised from Ripple Labs.

This latest contribution puts the political action committee in a powerful position to repeat its successes from this year’s elections, in which dozens of its favored pro-crypto candidates won their races.

Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%

A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department’s earlier effort to directly sanction crypto mixing service Tornado Cash.

The court found that the government didn’t have the proper tools to include the actual technology underpinning the service as a sanctioned entity.

Tornado Cash’s native token, TORN, rocketed up by over 500% in the hours following the ruling.

Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk

The U.S. Treasury Department’s researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate.

The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans, the Office of Financial Research found, but the delinquency rates on the debt have been low.

This cohort of the population is still worth watching for emerging risks if the markets take a turn, the paper noted.

This Hedge Fund Now Has a 1,000x Profit on Bitcoin

Pantera Capital Management, which launched its Bitcoin Fund in July 2013, has seen a 1,000-fold increase with returns of over 132,118%.

The hedge fund started buying bitcoin back when one token cost $74.

Pantera CEO Dan Morehead believes that the cryptocurrency could be worth $740,000 by April 2028.