Altcoin News Daily Official TheBitTimes.com

Democrat Senator Elizabeth Warren has won the Massachusetts senate seat, beating Republican rival and pro-crypto candidate John Deaton in a landslide victory. Associated Press data shows that Warren secured 74% of the 145,000 votes that were counted.  Elizabeth Warren Enters Her Third Term As Senator Deaton , a well-known crypto lawyer who advocated for XRP holders in Ripple’s battle with the US Securities and Exchange Commission (SEC), had the backing of several crypto elites. This resulted in him securing $2 million in funding from Gemini founders the Winklevoss twins and Ripple. Despite the backing from major crypto players, Deaton was considered a longshot against Warren, who held the seat in the US senate since 2013. She also maintained a comfortable 20 to 30 percentage point lead in the polls prior to the official vote count. Thank you, Massachusetts! I’m deeply grateful that you’ve decided to send me back to the Senate. Together, we’ll keep up...

A Saturday news broadcast on X and YouTube by BitcoinNews.com claimed that the fifth largest economy in the world has adopted bitcoin. It had not. The livestream headline and much of its commentary dangled the inference that California had somehow just ‘adopted’ bitcoin as other governments like El Salvador had ‘adopted’ bitcoin. Many were fooled. The broadcast misleadingly suggested that an obscure announcement by the City of Santa Monica meant that the entire State of California – which is the world’s fifth largest economy by some metrics – had ‘adopted’ bitcoin. Read more: Fake news again! This time it’s Kamala Harris and ‘unrealized crypto gains’ No, it did not. California did not change any policy regarding bitcoin over the weekend. What actually happened is that on July 10, one city in California opened an office in partnership with a non-profit foundation. That office is called the Santa Monica Bitcoin Office. The city allocated $0 to its budget. Screenshot of the announc...