Democrats Mock Crypto Crash, Face Backlash From Industry Leaders

The Democratic Party’s official social media account ignited a firestorm within the cryptocurrency industry this week after posting a ‘yikes’ message alongside a graphic mocking market losses. The post, which coincided with Bitcoin plunging 8% and over $2.6 billion in positions being liquidated in 24 hours, drew sharp rebukes from executives and policy advocates who accused the party of partisan insensitivity toward widespread investor pain. The backlash underscores the growing political risks for Democrats as they navigate digital asset policy ahead of midterm elections.

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Bitcoiners Split Over Trump After ICE Shooting Sparks Rights Debate

The fatal shooting of legal observer Alex Pretti by Border Patrol agents has exposed a critical fault line in the cryptocurrency industry’s political alignment. While the sector has largely rallied behind President Donald Trump’s pro-crypto agenda, his administration’s response to the Minneapolis incident is prompting prominent Bitcoin advocates to publicly condemn what they see as an assault on constitutional liberties. This clash tests the libertarian bedrock of digital assets against the industry’s pragmatic embrace of political power, revealing a partnership built more on convenience than conviction.

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Crypto Rewards Debate: Banks vs. Stablecoins & China’s Digital Yuan

A high-stakes regulatory clash over cryptocurrency rewards is unfolding in the U.S. Senate, with Coinbase’s top policy executive warning that proposed restrictions could undermine the dollar’s global standing. As lawmakers debate the CLARITY Act, a fierce battle centers on protecting the GENIUS Act’s stablecoin provisions, which banks are lobbying to curtail. Critics argue this opposition is less about financial stability and more about shielding nearly $400 billion in annual revenue from new competition, a move that could inadvertently accelerate China’s digital yuan ambitions.

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Pro-Crypto Lawyer John Deaton Challenges Sen. Markey in Massachusetts

Republican attorney John Deaton has launched his second bid for the U.S. Senate in Massachusetts, this time challenging Democratic incumbent Ed Markey in the 2026 mid-term elections. The pro-crypto lawyer, who previously lost to Elizabeth Warren by a significant margin, is dramatically shifting his campaign focus from cryptocurrency advocacy to economic issues affecting working families, though he continues to accept campaign donations in multiple digital assets including Bitcoin, Ethereum, and various altcoins.

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Pro-Crypto Lawyer Deaton Challenges Sen. Markey in 2026

Pro-XRP attorney John Deaton has launched his second U.S. Senate campaign, this time targeting Democratic Senator Ed Markey in Massachusetts’ 2026 election. The Republican candidate, who gained national attention during his unsuccessful 2024 challenge against Elizabeth Warren, is running with diminished focus on cryptocurrency policy despite accepting crypto donations including Bitcoin, Ethereum, Solana, XRP, and meme coins. His campaign faces significant hurdles in the traditionally Democratic state, where he lost to Warren by nearly 20 percentage points in his previous bid.

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John Deaton Announces 2026 Senate Bid Against Ed Markey

Crypto advocate and attorney John Deaton has officially launched his second campaign for US Senate, this time targeting Democratic incumbent Ed Markey in the 2026 Massachusetts election. The XRP-focused lawyer, who previously challenged Senator Elizabeth Warren in 2024 and lost by approximately 700,000 votes, announced his renewed political ambitions at a Worcester event, declaring “I’m winning this time.” Deaton’s campaign announcement emphasized cost-of-living issues and his personal background while signaling continued political engagement from the digital assets community in federal policymaking.

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XRP Army’s Role in Ripple’s SEC Victory Revealed

The XRP Army, a community of cryptocurrency supporters, played a crucial role in Ripple’s legal victory against the SEC according to lawyer John Deaton. Federal judge Analisa Torres cited thousands of affidavits submitted by XRP holders in her 2023 split ruling, which determined that XRP sales on public exchanges did not violate securities laws while institutional sales did. The legal battle, which began in 2020, finally concluded in August when both parties dropped their appeals. Community members demonstrated diverse XRP usage cases, including as payment for goods and services, helping establish that XRP wasn’t necessarily purchased with profit expectations from Ripple’s efforts. This case sets a significant precedent for cryptocurrency regulation and community involvement in legal proceedings.

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Litecoin Mocks XRP as ‘Unwanted’ in Crypto Clash

The cryptocurrency community witnessed renewed tensions as Litecoin’s official social media account publicly mocked Ripple’s XRP token as ‘unwanted,’ prompting immediate pushback from analysts and traders who pointed to XRP’s #3 global market cap ranking as contradictory evidence. Analyst CrediBULL Crypto dismissed the criticism as ‘silly and nonsensical,’ noting that market participants ‘vote with their dollars’ and XRP’s $168.4 billion market capitalization overwhelmingly surpasses Litecoin’s $8.6 billion. The incident exposes persistent fault lines in crypto, with XRP often described as ‘the most hated by institutions, most loved by retail.’ Despite Litecoin’s strong fundamentals including 300 million transactions processed in 2025 and growing institutional interest through PayPal and Venmo integrations, XRP maintains a significantly larger market presence and valuation dominance within the digital asset landscape.

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XRP Army’s Role in Ripple’s SEC Victory Affirmed

Prominent crypto attorney John Deaton has emphatically stated that the XRP tokenholder community was instrumental in securing Ripple Labs’ favorable outcome in its prolonged legal battle with the SEC. The securities regulator sued Ripple in 2020, alleging the company sold XRP as an unregistered security. Judge Analisa Torres’ 2023 ruling that only some token sales constituted securities offerings paved the way for the case’s final resolution in August 2024, when both parties agreed to drop appeals. Deaton, representing thousands of XRP holders, argues their organized advocacy and legal participation created a tipping point that influenced the case’s trajectory and ultimate settlement.

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XRP Community Impact in SEC vs Ripple Case Revealed

The SEC vs Ripple case saw unprecedented community involvement with over 75,000 XRP holders submitting statements and affidavits through attorney John Deaton’s coordination. Judge Torres specifically referenced these community submissions in her decision, including Deaton’s amicus brief and holder affidavits. Ripple’s Deputy General Counsel confirmed the community’s role in the legal strategy, which culminated in a $50 million settlement recently approved by the Second Circuit. While XRP trades at $2.85 with mixed short-term performance, the case sets a precedent for crypto community influence in regulatory battles. The focus now shifts to whether legal clarity will translate into increased utility and adoption for XRP.

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BlackRock Denies XRP ETF Plans Amid Market Speculation

BlackRock has clarified it has no immediate plans to file for an XRP ETF, despite widespread speculation fueled by the pending resolution of the Ripple-SEC lawsuit. The asset manager, which already offers Bitcoin and Ethereum ETFs, intends to stick with these two major cryptocurrencies for now. Analysts like Nate Geraci and Eric Balchunas have debated the strategic implications, with Geraci calling the decision a potential mistake given the $1 billion demand for futures-based XRP funds. Pro-XRP lawyer John Deaton remains optimistic, predicting BlackRock will file within a year. Meanwhile, Bloomberg analysts estimate a 95% chance of SEC approval for pending XRP ETFs this year, which could give early filers a competitive edge. XRP’s price currently hovers around $3.26, reflecting a slight dip.

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VivoPower to Buy $100M Ripple Stake After SEC Waiver

VivoPower International PLC has announced a $100 million investment in Ripple shares and XRP tokens, positioning itself as the first publicly listed US company to offer shareholders exposure to both. The deal includes acquiring Ripple shares at a discount and holding 211 million XRP tokens, valued at $696 million. VivoPower has partnered with BitGo and Nasdaq Private Market LLC for custody and transaction support. The move follows an SEC waiver that lifted Ripple’s ‘bad actor’ designation, stemming from a 2020 lawsuit settlement. CEO Kevin Chin highlighted the strategy’s alignment with long-term treasury diversification and shareholder value. Quarterly audits will ensure transparency in the holdings.

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