Elizabeth Warren wins in Massachusetts against the crypto-friendly John Deaton

Elizabeth Warren received almost 75% of the votes for the Massachusetts Senate seat, winning against the crypto-friendly candidate John Deaton. The Democrat Warren is preparing to begin her third consecutive term. 

Elizabeth Warren: schiacciante victory against the crypto-friendly John Deaton in Massachusetts

According to the reported data by Associated Press, it seems that Elizabeth Warren achieved a landslide victory against the crypto-friendly John Deaton.

In practice, the democratic candidate would have obtained almost 75% of the votes for the Massachusetts Senate seat. 

This result leads Senator Warren to prepare for her third term in the U.S. Senate. In fact, Warren has held a seat in the United States Senate since 2013 and had a 20-30 point advantage in most polls, even before the official vote count.

In any case, the crypto-friendly candidate John Deaton seemed to be that valid alternative for those voters who support crypto. 

Not only that, recently, Elon Musk and the CEO of Coinbase, Brian Armstrong, had shared their thoughts on X, namely that of replacing Warren precisely with Deaton.

Elizabeth Warren wins the Senate seat in Massachusetts against all the crypto supporters

The re-election of Democratic Senator Elizabeth Warren is a victory not only against John Deaton, but also against all crypto supporters. 

In fact, Warren is the most active senator in opposing the development of the crypto market in the USA. 

On the other hand, John Deaton has emerged as the defense attorney for Ripple (XRP), in its endless case against the Securities and Exchange Commission (SEC). 

Only last February of this year, John Deaton ran for the US Senate seat in Massachusetts, laying the groundwork for a potential showdown against Warren.

Not only that, last July, the crypto company Ripple, intervened in the electoral campaign, donating even a million dollars to support Deaton and thus trying to unseat Warren. Also, the Winklevoss twins of the crypto-exchange Gemini contributed with a donation of 1 million dollars in favor of Deaton.

All these efforts did not succeed in unseating Warren, who secured the third term in the US Senate, with 11 electoral college votes assured to Kamala Harris.

The victory of Donald Trump as the new President USA 2024

At the moment, Donald Trump seems to be the winner of the 2024 USA presidential elections. At the same time, the price of Bitcoin (BTC) has recorded a new ATH above $75,000.

And so, while at the Massachusetts level the crypto-friendly does not win, at the level of USA 2024 Presidency, instead, dominating the scene will be the most pro-crypto candidate ever seen before. 

Now, it will follow that the representatives of the SEC, such as its current Chairman Gary Gensler, will be replaced after January 2025 by a new, more crypto-friendly one. 

Here, therefore, the bitcoiners also respond with enthusiasm, driving up the price of the leader of the crypto by more than 8%, exceeding $75,000. 

Source: https://en.cryptonomist.ch/2024/11/06/elizabeth-warren-wins-in-massachusetts-against-the-crypto-friendly-john-deaton/