Crypto
Shadowy crypto companies think they can buy Arizona votes. So far, it’s working
Voters, beware: Crypto companies are throwing big money into elections in Arizona and other states in hopes of quashing any opposition to their industry.
Who is running in Arizona’s nine congressional district races?
Arizona has nine seats in the U.S. House of Representatives up for grabs in the 2024 election. Here’s what voters need to know for November elections.
Cryptocurrency advocates threw around some serious cash in Arizona’s primary election.
While their success at influencing outcomes is debatable, their commitment to being political players is not.
Crypto corporations have pumped an estimated $120 million into federal election races this year, primarily through nonpartisan super political action committees (PACs) devoted to electing pro-crypto candidates and defeating crypto skeptics.
All indications point to more of the same in the general election, and beyond.
Crypto backers gave Shah an ‘F’ rating
In Arizona, that likely will start with the Congressional District 1 race. In the primary, Protect Progress, one of three super PACs funded by crypto interests, spent more than $400,000 to support former White House aide and one-time Democratic state chair Andrei Cherny.
Cherny lost.
But crypto supporters were as much backing Cherny as they were opposing Amish Shah, who emerged victorious.
The advocacy group Stand With Crypto gave Shah, an ER physician and former state lawmaker, an F rating as “strongly against cryto.”
Shah faces incumbent David Schweikert, a Republican, in one of the most competitive congressional races nationally. The Cook Political Report rates it a toss-up.
Shah’s grassroots campaign: Helped him win over big money
Crypto interests might have spent more in the CD 1 primary, but Cherny and Shah were locked in a six-person field.
They poured even more money into District 3
In Congressional District 3, Protect Progress directed nearly $1.4 million in outside spending to support Yassamin Ansari, who won a narrow race against Raquel Terán.
Ansari is the odds-on favorite to capture the seat vacated by Ruben Gallego in a district where Democrats enjoy a 30 percentage point lead over Republicans in registered voters.
It’s plausible that crypto super PACs will also be active in the Congressional District 6 race between first-term U.S. Rep. Juan Ciscomani, a Republican whom Stand With Crypto considers a strong supporter, and Democrat Kirsten Engel. The advocacy group has not given a rating on Engel.
Cook Political Report also has the CD 6 contest as a toss-up.
We won’t get the quarterly look at spending in the general election for a few weeks, but there’s no reason to believe crypto will turn off the spigot any time soon.
Crypto is using the cash to influence legislation
The crypto sector’s emergence as election influencers comes at a precarious time. Major crypto companies have been sued by federal regulators over trading practices and handling of customer assets, which have implications for the sector.
Flush with money from an upswing in crypto prices, advocates are seeking to install politicians who would help pass legislation that’ll settle the debate over how crypto should be classified and which regulatory rules should apply.
According to the consumer advocacy group Public Citizen, crypto spending accounts for nearly half of all corporate money contributed during this year’s election.
The crypto-backed super PAC Fairshake has spent $10 million on ads attacking progressive Katie Porter, who’s in a runoff with U.S. Rep. Adam Schiff for the U.S. Senate.
Porter has raised questions about the energy required to “mine,” or create, cryptocurrency and its relationship to climate change.
Arizona Legislature seems the next likely target
Crypto advocates point to the defeat of New York U.S. Rep. Jamaal Bowman in the Democratic primary — Fairshake spent $2 million to take down Bowman — as a force that politicians must reckon with.
A more open question is if and when crypto may look to wield similar influence in Arizona’s state legislative races.
There has been a host of bills intended to help expand or encourage adoption of cryptocurrency, including allowing Arizonans to pay state fines and taxes using the currency and directing the state retirement system to look into investing in digital assets.
Some have gotten floor votes, and a few have been enacted.
The negative ratings that triggered the heavy spending for the opponents of Shah and Terán were based, in fact, on their opposition to as few as a single crypto-related bill.
This political spending reflects the existential threat that crypto naysayers and skeptics represent for a digital currency sector that’s still trying to find its footing.
Which means voters have extra cause to be wary of attack ads leading up to Nov. 5.
Reach Abe Kwok at akwok@azcentral.com. On X, formerly Twitter: @abekwok.
Crypto
The Cryptocurrency News Everyone Missed: Pepeto Crosses $9 Million While PEPE and Chainlink Wait for a Catalyst
Consensus Miami just opened with more than 20,000 leaders in crypto, finance and policy filling the convention center, and the CLARITY Act stablecoin yield compromise reached its final text this month. The cryptocurrency news cycle is stacking events faster than most traders can follow, and the $629 million that poured into Bitcoin ETFs in a single session proves that conviction is climbing. Because Pepeto’s https://pepetoswap.com presale crossed $9 million while the spotlight stayed on BTC, the wallets loading into the entry are betting on a Binance listing that could outperform everything the conference discusses.
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Cryptocurrency News: Consensus Miami Opens as CLARITY Act Advances
Consensus Miami 2026 began this week at the Miami Beach Convention Center with more than 20,000 attendees from across crypto, finance and regulation according to Yahoo Finance. The event lands as Bitcoin holds above $80,500 and the CLARITY Act stablecoin yield text cleared its final Senate compromise according to CoinDesk. The agenda covers institutional adoption, tokenization and exchange oversight, and the cryptocurrency news from this week could shape the second half of 2026 for altcoins and presales.
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Where Pepeto, PEPE and Chainlink Stand in May’s Crypto Rotation
Pepeto
While Consensus Miami debates the future of regulation and PEPE and Chainlink wait for catalysts, Pepeto’s https://pepetoswap.com coming Binance listing sits at the center of the cryptocurrency news that most traders have not noticed yet. The data supports the attention: more than $9 million flowed into the presale at $0.0000001864 while the broader market dropped, a community of early believers doubled down during that drawdown, and traders expect returns between 100x and 300x once the marketplace opens for live trading. Every fact in that sequence points to one thing: this is where the real money is moving.
Because PepetoSwap runs zero fee trades across every token on the marketplace, small positions hold their value instead of getting chipped away by costs. The risk scorer reviews every contract before any token enters a wallet, so buyers filter out bad projects before they cost a cent. Every line of code behind the Pepeto marketplace cleared a SolidProof audit, and staking at 175% APY pays holders while they wait for the event that changes everything.
For traders tired of cryptocurrency news that moves prices without creating new entries, those tools turn headlines into action. The presale ends once the listing hits, and with traders targeting 100x to 300x from the current entry, the upside from Pepeto overshadows what PEPE or LINK can generate from their current levels.
https://youtu.be/wR3oOlNJj64?si=V7Ekv4mK69tQvNtI
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PEPE
PEPE trades at $0.0000040 according to CoinMarketCap, sitting just above its 100 day EMA with a 7% gain over the past day. The token needs to clear $0.0000050 to confirm a fresh rally, but even a run to the 200 day average delivers limited gains compared to what a presale entry can multiply into after a single listing event.
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Chainlink
Chainlink holds at $9,47 according to CoinMarketCap, supported by its role connecting real world data to smart contracts. LINK gained ground in April but still trades well below its 2021 high of $52, and even a push to $15 from here delivers a 63% return over months, which the cryptocurrency news cycle barely registers when presale entries multiply faster from a single event.
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Conclusion
The cryptocurrency news this week stacks Consensus Miami, CLARITY Act progress, and a BTC rally past $80,500, but none of those headlines include the presale that quietly built the strongest case in the market. PEPE and Chainlink will ride the wave, but for returns that change a wallet, the debate about which entry leads was settled by the $9 million that already flowed in. Pepeto arrives with a full marketplace, risk scoring tools, and a cofounder whose first project at zero products reached a market cap most tokens dream about, which means more tools logically reaches more. The cryptocurrency news confirms the setup, and entering the Pepeto official website now turns that into a position before the listing draws the line between wallets that acted and everyone who reads about it after.
Click To Visit Pepeto Website To Enter The Presale: https://pepetoswap.com
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FAQs
What does Consensus Miami mean for crypto?
The event brings 20,000 leaders together during a BTC rally, and cryptocurrency news from this week could shape regulation for the rest of 2026.
How does the CLARITY Act affect traders?
The stablecoin yield compromise clears a path for regulated returns, boosting confidence and adding stability for presale entries.
Why are wallets loading into Pepeto right now?
More than $9 million entered during fear, the marketplace runs with zero fees, and the Pepeto official website shows a Binance listing approaching.
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Disclaimer:
The information shared in this article is for informational use only and does not constitute financial advice. Cryptocurrency investments are subject to extreme volatility and carry significant risk, including the loss of principal. Always conduct your own research or consult a licensed financial advisor before investing.
Contact: Dani Bonocci
Website: https://www.tokenwire.io
Phone: +971586738991
SOURCE: Pepeto
Press release distribution
This release was published on openPR.
Crypto
DTCC Tokenization Draws 50+ Firms for Live Securities Testing
Key Takeaways:
- DTCC plans July live trades before an October rollout for tokenized securities markets.
- Participation includes over 50 firms across banking, custody, trading, and digital asset sectors.
- DTC supports the effort with over $114 trillion in assets held across its custody system.
DTCC Tokenization Service Moves Toward Live Production
The Depository Trust & Clearing Corporation (DTCC), a leading American financial market infrastructure company, announced on May 4, 2026, that its tokenization service will move into limited live production trades in July before a planned October launch. The schedule gives banks, asset managers, brokers, exchanges, and digital asset firms a defined path to test tokenized securities through DTC’s infrastructure.
DTCC is building the service with input from more than 50 firms across traditional finance and digital asset markets. The effort is focused on real-world assets already custodied by The Depository Trust Company (DTC), rather than assets created outside existing market plumbing. Tokenized versions are expected to carry the same entitlements, investor protections, and ownership rights as securities held in traditional form. The first eligible assets fall within a defined liquid universe, including Russell 1000 constituents, major index-tracking exchange-traded fund (ETF) products, and U.S. Treasury bills, bonds, and notes. Frank La Salla, DTCC President and CEO, said:
“Our vision is coming to fruition: launching our tokenization service and successfully bridging TradFi and DeFi. We believe tokenization will significantly change how markets work and operate, bringing new levels of liquidity, transparency and efficiency to investors.”
Institutional Working Group Tests Market Infrastructure
DTC’s custody base gives the project its institutional scale, with more than $114 trillion in assets held across the depository. DTCC said the service is being developed to support production workflows and allow tokenized assets to operate across multiple chains. The work includes proving technical and operational processes before wider release. Regulatory clearance also frames the rollout. In December 2025, the U.S. Securities and Exchange Commission (SEC) issued a No-Action Letter allowing DTC to provide a defined tokenization service to DTC Participants and their clients for three years.
The working group’s roster shows how broadly the project reaches across market infrastructure, trading, custody, asset management, and crypto services. Participants in the DTCC Industry Working Group include Alpaca, Anchorage Digital, Apex Clearing Corporation, Backpack, Bank of America, BetaNXT, Bitgo Bank & Trust, N.A., Bitwave, Blackrock, BNP Paribas, Broadridge, Charles Schwab, Circle, Citadel Securities, Citi, Digital Asset, DriveWealth, DRW, EDX Markets LLC, Fireblocks, FIS, Fi-Tek, Franklin Templeton, Goldman Sachs, Hilltop Securities Inc., HSBC, Interchange Clearing, Invesco, Jefferies, J.P. Morgan, Lloyds Bank, Marex, Mirae Asset Securities (USA) Inc., Morgan Stanley, Nasdaq, NYSE Group, Inc., Ondo Finance, Payward, Principal Bank, Raymond James, RBC, Ripple Prime, Robinhood Markets, Inc., RQD*Clearing LLC, SEI, State Street, StoneX, Talos, TD Securities USA LLC, Tel-Aviv Stock Exchange, Tradestation Securities, Inc., Tradeweb, UBS, Velocity Clearing, LLC, Virtu Financial, Vision Financial Markets, and Wells Fargo.
The planned launch extends DTCC’s role from post-trade processing into tokenized market infrastructure, while keeping custody, rights, and controls tied to established systems. The phased schedule gives participating firms time to test interoperability, operational readiness, and market workflows before October. Brian Steele, DTCC Managing Director, President, Clearing & Securities Services, said:
“DTC’s tokenization service is designed to provide systemic scale where deep liquidity already lives.”
For DTCC, the initiative brings tokenization closer to live securities markets through a controlled, institution-led rollout.
Crypto
Bitcoin, XRP Flat, While Ethereum, Dogecoin Spike After Trump’s ‘Project Freedom’ Announcement: Why This
Cryptocurrency markets held steady as stock futures jumped Sunday, driven by fresh developments in the U.S.–Iran conflict following President Donald Trump’s “Project Freedom” announcement.
Overnight Spike For Crypto Market
Bitcoin picked up momentum late in the evening, climbing to an intraday high of $79,400 as bulls set their sights on a breakout above $80,000.
Ethereum also gained but faced resistance from the bears at $2,250. Dogecoin was up over 3.70% in the last 24 hours.
Over $160 million was liquidated in the past 24 hours, predominantly in short positions, according to Coinglass data.
Open interest in Bitcoin futures rose 1.80% over the last 24 hours to $58.44 billion. However, both retail and whale traders on Binance derivatives continued to lean bearish on the asset.
“Fear” sentiment prevailed in the market, according to the Crypto Fear & Greed Index.
Top Gainers (24 Hours)
The global cryptocurrency market capitalization stood at $2.57 trillion, up 0.29% over the last 24 hours.
Stocks Futures Rise
Stock futures ticked higher overnight on Sunday. The Dow Jones Industrial Average Futures rose 21 points, or 0.03%, as of 8:49 p.m. EDT. Futures tied to the S&P 500 gained 0.09%, while Nasdaq 100 Futures added 0.14%.
Trump announced on Truth Social a new initiative called “Project Freedom,” aimed at helping ships and crews from non-involved countries “safely” navigate out of the Strait of Hormuz.
“If, in any way, this Humanitarian process is interfered with, that interference will, unfortunately, have to be dealt with forcefully,” Trump added.
On Saturday, Trump said he is reviewing a new Iranian proposal to end the conflict, but cast doubt on whether it would be acceptable.
Is Bitcoin Bottom In?
Ali Martinez, a widely followed cryptocurrency commentator on X, highlighted Bitcoin’s nearly decade-long ascending trendline, with every touch preceding a “massive expansion” historically.
“With Bitcoin recently dipping to $65,000, it has held above this trendline again, suggesting the bottom could be in,” the analyst said.
Michaël van de Poppe, another prominent cryptocurrency commentator on X, describes Bitcoin’s drop to $60,000 in February as one of its “strongest” corrections ever.
“In that light, it came relatively close to the 200-Week MA and that’s where the price of Bitcoin stalls quite often,” Van De Poppe said. “That means: we can easily run to $92,000-$95,000 without any breakdown of the bear market trend, and we can easily start a bull market from here.”
Photo courtesy: Shutterstock
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