TradingGainTradingGainNEWS
đź“Š Data â–ľ
Chart AnalysisMarked-up charts with key levels Market TodayWhy crypto is up or down today LiquidationsLongs vs shorts liquidated, 24h Funding & Open InterestCrowded longs and shorts Footprint ChartFree live order flow, bid/ask & delta FOMC & CPI CalendarNext Fed decision countdown
Get the appApp
Loading live prices…
↑ New stories · tap to refresh
News/Regulation
Regulationâ—Ź Neutral

Winklevoss-Backed Crypto PAC Spends $81K on Texas Senate Ads

TradingGain NewsroomTradingGain Newsroom··22 Oct 2026, 19:29 UTC

A political action committee started by the Gemini co-founders, the Winklevoss twins, has bought $81K in ads for the Texas Senate race. It is one of the committee's first moves into Texas, after crypto-aligned PACs had already stepped up spending in Ohio. For traders, this shows the crypto industry is putting money into politics, which can shape future crypto rules.

Why it matters

  • The committee was launched by the co-founders of crypto exchange Gemini.
  • Crypto-aligned PACs have increased their spending in Ohio.
  • The $81K ad buy shows the industry is backing candidates in more states.

What to watch next

Watch for further PAC spending announcements and the outcome of the Texas Senate race, since they could signal the industry's political influence on future crypto regulation.

This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗
Winklevoss-Backed Crypto PAC Spends $81K on Texas Senate Ads
Story card · share it on your status or channel⬇ Download image

More stories

All news →
Regulationâ—Ź Neutral

Court Ruling Lets Israel Send Alleged Nomad Bridge Hacker to US

Israel has extradited an alleged exploiter of the Nomad bridge to the United States over a $2.8 million theft. Israel's Supreme Court ruled that taking advantage of a coding flaw can count as computer intrusion, even if the software allowed the transaction. For traders, this suggests courts may treat bridge exploits as crimes, not just technical glitches.

Decrypt ↗
Regulationâ—Ź Neutral

Kalshi faces 13 felony charges in Utah over a $10 sports bet

An agent alleges he confirmed Utah was eligible before trading and paying a fee, and that this led to 13 felony charges against Kalshi. The CFTC is disputing whether the state has authority to act. The case may shape how prediction platforms are regulated, which can affect trader sentiment in related markets.

CryptoSlate ↗
Otherâ–Ľ Bearishâ—Ź Important

Record $6.4B Binance Hack Overshadows Hyperliquid's U.S. Perps Opening

Binance suffered a hack reported at $6.4 billion, which is described as the largest in crypto history. The same day, Hyperliquid opened the door to a fully regulated perpetual futures offering in the U.S. Traders may see the hack as a reminder of exchange security risk, even as the Hyperliquid news points to wider regulated access.

HYPEDecrypt ↗
Market Dataâ–Ľ Bearishâ—Ź Important

INTW falls 49.8% in 24 hours on heavy volume

INTW is one of the biggest movers among the most traded coins today, down 49.8% to $9.01 with $244.0M traded in 24 hours. Moves this large usually come with big swings in both directions, so manage risk carefully.

INTWLive chart →

TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.