From Cointelegraph

March 31, 2025 4:58:00 pm:

Two Republican candidates in Florida congressional special elections received $1.5 million in media support from a crypto-backed PAC. Democrats Valimont and Weil raised more funds than their opponents. If Democrats win the Florida seats, the House majority would narrow. Crypto-related legislation, including stablecoin regulation, is being considered in Congress. Fairshake PAC plans to continue supporting pro-crypto candidates in future elections. Major firms like Coinbase and Ripple Labs donated tens of millions to the PAC.

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1. Bitcoin reaches new all-time high of $60,000, driven by increased institutional adoption and interest from retail investors. The cryptocurrency market cap now exceeds $1 trillion, with Bitcoin dominating over 60% of the market share.

2. Ethereum’s price surges to over $2,000 as the network continues to see record levels of activity. DeFi projects and the upcoming Ethereum 2.0 upgrade are fueling investor optimism about the future potential of the platform.

3. Tesla announces that it will now accept Bitcoin as payment for its products, a move that further validates the cryptocurrency as a mainstream form of payment. The electric car company also reveals that it has invested $1.5 billion in Bitcoin.

4. NFTs (non-fungible tokens) are gaining popularity in the art world, with digital artist Beeple selling a piece for $6.6 million at auction. The unique nature of NFTs and their ability to authenticate digital artwork are attracting collectors and investors alike.: Crypto PAC-supported candidates make a final push to Florida voters