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Crypto Super PAC to Pour $5M Into Barry Moore’s Senate Bid: Report

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Crypto Breaking News

Defend American Jobs, an affiliate of the crypto-focused Fairshake PAC, is planning a $5 million push to back Alabama Senate candidate Barry Moore, according to Bloomberg. The five-week campaign, set to roll out on broadcast television and the Fox News Channel, includes a Trump endorsement as part of its messaging. The reporting cites a Fairshake statement, underscoring how crypto-aligned political committees are leaning into federal races to shape policy considerations around digital assets. The move arrives amid a broader pattern of crypto-adjacent fundraising that has become a defining feature of contemporary U.S. politics, with parties and PACs leveraging media buys to influence voters on regulatory and market issues.

Key takeaways

  • Crypto-linked PACs are deploying large ad buys (millions) across major TV outlets to influence voters in Senate races where crypto policy is a live issue.
  • Fairshake is backed by notable crypto industry players, signaling the depth of corporate interest behind crypto-friendly political campaigns.
  • Barry Moore has a documented history of crypto-friendly positions, including past committee work and public statements endorsing a pro-crypto stance.
  • Past fundraising cycles show substantial crypto-related spending, with tens of millions directed toward pro-crypto candidates and policies.

Tickers mentioned: $BTC, $COIN

Sentiment: Neutral

Price impact: Neutral. The article centers on political fundraising rather than immediate market responses.

Trading idea (Not Financial Advice): Hold. Monitor policy developments and campaign activity for potential long-term crypto-market implications.

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Market context: The episode illustrates how regulatory debates and macro-fund flows intersect with political campaigns, as crypto-friendly narratives gain traction in a climate of heightened attention to digital assets and related policy clarity.

Why it matters

The funding activity highlights a strategic approach by crypto interests to influence policy at a national level. Fairshake’s $5 million expenditure, backed by high-profile crypto affiliates, shows how political spending can be concentrated around candidates perceived as sympathetic to favorable regulatory treatment. The push also underscores how partisan environments can amplify crypto policy debates, potentially shaping how lawmakers address innovation, market structure, and consumer protections in the years ahead.

Barry Moore’s profile in this narrative is notable. Elected to the U.S. House in 2020, Moore served on the Agriculture Committee and has been associated with discussions around responsible crypto regulation, including the Digital Asset Market Clarity Act. His public statements have aligned with a view of digital assets as integral to the state’s and the nation’s economic future. A December post on X appeared to reflect support for Trump’s crypto position and executive actions, reinforcing the broader pattern of crypto-leaning rhetoric among certain Republican lawmakers.

Observers point to independent assessments that rate Moore as strongly supportive of crypto, based on a track record of statements and policy positions. This kind of labeling—when aggregated by advocacy groups—helps investors and voters gauge which candidates might push for clearer rules, more predictable tax treatment, and policies that foster blockchain innovation. However, the policy landscape remains unsettled, with regulators and lawmakers weighing a range of approaches to digital assets and market infrastructure. The Alabama polling data cited in local coverage suggests a demographic segment receptive to pro-crypto messaging, even as battles over specifics persist.

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What to watch next

  • Watch the five-week ad schedule for Moore’s campaign, including potential follow-ups on Fox News and other broadcast outlets.
  • Monitor any new statements from Fairshake or its affiliates about policy positions, as the fundraising narrative evolves ahead of the primary and general election.
  • Track regulatory developments in Washington related to digital assets that could influence campaign messaging and voter concerns.
  • Observe polling updates in Alabama and other states where crypto-leaning politicians are contesting elections, as shifts could alter fundraising dynamics.

Sources & verification

  • Bloomberg Government reporting on Fairshake’s $5 million Alabama Senate primary ad buy and Trump endorsement.
  • The Fairshake statement cited by Bloomberg outlining support for Barry Moore and the five-week media push.
  • References to Fairshake’s backing by Coinbase and Ripple Labs and the broader crypto-aligned PAC ecosystem.
  • Historical spending by crypto-related PACs, including a figure around $130 million in the 2024 elections.
  • Alabama Daily News poll data showing initial voter preferences for Moore and Marshall in a February snapshot.

Crypto influence in Alabama politics and the midterms

Defend American Jobs’ $5 million commitment to back Barry Moore illustrates how crypto-aligned fundraising seeks to shape policy conversations ahead of the midterms. The campaign’s five-week plan, anchored in television and cable advertising, reflects a broader strategy: deploy high-impact media in key markets to foreground a crypto-friendly economic narrative. The Bloomberg report underscores that Fairshake’s approach includes support from a constellation of industry players, and it notes that the PAC’s actions are part of a wider effort to elevate crypto policy in electoral debates. The involvement of a presidential figure in the messaging—Donald Trump—also signals the high-level salience of digital-asset policy among partisans and donors as they map out policy priorities for the coming years.

Beyond the Alabama race, the story speaks to the persistence of crypto-asset policy as a political issue. Fairshake’s public positioning, supported by industry backers, demonstrates how corporate resources are deployed to influence voters’ perceptions of digital assets, market structure, and regulatory clarity. The fact that Fairshake is described as one of the most prominent crypto-related PACs—backed by major players—highlights the scale of financial flows that can accompany policy debates. As crypto advocates argue for clearer rules and more predictable frameworks, lawmakers who express supportive positions could become central figures in shaping the regulatory environment that will govern innovation, exchanges, and the broader ecosystem.

Barry Moore’s record and public statements contribute to a broader pattern in which certain members of Congress articulate a forward-looking view of crypto as economic infrastructure rather than a niche technology. From his early congressional tenure to his more recent statements, Moore has tied his messaging to the idea that crypto is part of Alabama’s—and America’s—future. The X post from December, implying alignment with Trump’s stance on crypto, reinforces this posture in a political climate where party alignment and donor influence can translate into policy signals with real-world implications for the industry’s growth and regulatory trajectory. In parallel, local polling indicates a receptivity to pro-crypto messaging among Republican voters, suggesting that fundraising narratives could gain traction as campaigns scale their outreach ahead of primary and general elections.

What to watch next

  • Track the continuation of Moore’s ad campaigns as the five-week window unfolds, including potential interviews and discussions on crypto policy among campaign surrogates.
  • Watch for further disclosures from Fairshake and its industry partners regarding policy positions and voting records that align with crypto-friendly approaches.
  • Follow regulatory developments at the federal level that could influence campaign messaging, such as discussions around tax treatment, market structure, and consumer protections for digital assets.

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Crypto World

Stablecoins Expansion into UAE Banking System

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Key Insights

  • Ripple and Zand link RLUSD and AEDZ to support regulated stablecoin payments and custody in the UAE.
  • The partnership focuses on XRPL-based issuance, liquidity, and compliance-led banking integration.
  • The move supports the UAE digital economy strategy and institutional blockchain adoption.

Ripple and Zand Bank Strengthen Blockchain Banking Ties

Ripple has also increased its collaboration with Zand Bank in the UAE to enable a regulated infrastructure of stablecoins. According to reports shared on X, the collaboration connects Ripple’s US dollar stablecoin, RLUSD, with Zand’s dirham-backed AEDZ token. Both assets will operate within a compliant banking framework.

The partnership builds on a payment agreement signed in 2024 as it now shifts focus to custody, issuance, and liquidity. Ripple and Zand aim to bring blockchain-based settlement into institutional finance rather than trading activity.

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How Will Stablecoins Integrate Into Regulated Banking

The companies plan to integrate RLUSD into Zand Bank’s regulated digital asset custody platform. This measure will enable institutions to hold and operate the stablecoins within the jurisdiction of the UAE. The partners will also evaluate the direct liquidity channels between RLUSD and AEDZ.

Zand Bank has confirmed plans to issue AEDZ on the XRP Ledger. XRPL offers fast settlement, low fees, and a consensus-based design. These features support payment efficiency while meeting regulatory expectations. Zand states that AEDZ remains fully backed by dirham reserves with regular attestations.

Why Does the XRP Ledger Matter for This Initiative

The project relies on the Ripple blockchain as its technical basis. XRPL allows settling in almost no time and issuing tokens without incurring excessive costs of operations. These facilities are applicable to bank level payment and depository services.

Ripple continues to position XRPL as a settlement layer for institutions and Zand partnership aligns with this strategy. It supports real-world use cases such as:

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  • Cross-border payments
  • Treasury management
  • Asset tokenization within a controlled environment

What Does This Mean for the UAE Digital Economy

Zand Bank is one of the UAE’s first fully digitized licensed banks. Ripple opened more branches in the region by forming custody and security dealings. Collectively, they endeavor to offer infrastructure that can help enable banks and corporations to adopt a compliant blockchain.

This growth marks the shift where regulated institutions are now leveraging stablecoins as financial instruments and not speculative assets. It is also an indication of even greater adoption of blockchain systems in conventional banking systems.

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Spot Bitcoin ETFs Post $166M Inflows Despite Market Dip

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Spot Bitcoin ETFs Post $166M Inflows Despite Market Dip

Update (Feb. 11, 10:00 am UTC): This article has been updated to correct the reported number of shares.

US spot Bitcoin exchange-traded funds (ETFs) extended their inflow streak to three sessions, with this week’s gains nearly offsetting last week’s outflows.

Spot Bitcoin (BTC) ETFs recorded $166.6 million in inflows on Tuesday, bringing total inflows this week to $311.6 million, according to data from SoSoValue.

Last week, the funds saw net outflows of $318 million, marking three consecutive weeks of losses totaling more than $3 billion.

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Weekly flows in US spot Bitcoin ETFs in 2026. Source: SoSoValue

Bitcoin ETF momentum has picked up in recent sessions, despite BTC price declining 13% over the past seven days and briefly slipping below $68,000 on Tuesday, according to CoinGecko.

Earlier this week, analysts observed signs of a potential trend shift across crypto exchange-traded products, noting a slowdown in the pace of selling.

Goldman trims Bitcoin ETF exposure, adds XRP and Solana ETFs

US investment bank Goldman Sachs reported yesterday that it trimmed its Bitcoin ETF exposure in the fourth quarter of 2025, according to a Form 13F filing with the Securities and Exchange Commission.

The bank specifically reduced holdings in BlackRock’s iShares Bitcoin Trust ETF (IBIT), cutting shares outstanding by 39%, from around 34 million in Q3 to 20.7 million in Q4, worth around $1 billion.

Cryptocurrencies, Goldman Sachs, XRP, Shares, Solana, Ethereum ETF, Bitcoin ETF, ETF
Goldman Sachs’ holdings of iShares Bitcoin Trust ETF (IBIT) in Q4 2025. Source: SEC

It also decreased stakes in other Bitcoin funds and companies, including Fidelity Wise Origin Bitcoin (FBTC) and Bitcoin Depot, and reduced its Ether (ETH) ETF positions.

At the same time, Goldman Sachs disclosed its first-ever positions in XRP (XRP) and Solana (SOL) ETFs, acquiring 6.95 million shares of XRP ETFs, worth $152 million, and 8.24 million shares of Solana ETFs, valued at $104 million.

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Related: Bernstein calls Bitcoin sell-off ‘weakest bear case’ on record, keeps $150K 2026 target

According to SoSoValue data, spot altcoin ETFs saw modest inflows Tuesday, with Ether funds adding around $14 million, while XRP and Solana ETFs gained $3.3 million and $8.4 million, respectively.

On Thursday, Eric Balchunas, senior ETF analyst at Bloomberg, noted that the majority of Bitcoin ETF investors had held their positions despite the recent downturn, estimating that only about 6% of total assets exited the funds even as Bitcoin prices fell sharply.

He added that, although BlackRock’s IBIT saw its assets drop to $60 billion from a peak of $100 billion, the fund could remain at this level for years while still holding the record as the “all-time-fastest ETF to reach $60 billion.”

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Magazine: Bitcoin difficulty plunges, Buterin sells off Ethereum: Hodler’s Digest, Feb. 1 – 7