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Tom Brady just signaled the end of an era for crypto with a quiet change of his Twitter profile photo. Brady switched his profile photo from the "laser eyes" meme, which symbolized bullishness in Bitcoin. Social media profiles with "laser eyes" grew in popularity among cryptocurrency believers last year as a way for them to symbolically show bullishness in crypto, particularly in Bitcoin. Bitcoin is currently trading at $16,000, its lowest level in two years, and most original laser eye photos have now disappeared from Twitter. Brady was one of the final holdouts with a "laser eyes" photo; many noteworthy people quietly switched away from the meme as cryptocurrency prices crashed this year.
WASHINGTON — Senate Minority Leader Mitch McConnell is facing a brewing challenge to his position as the top Republican in the Senate. Going into the midterm elections Tuesday, McConnell appeared to have a firm grasp on the leader's job and Republicans appeared poised to take control of the Senate. Asked in January what his agenda would be if Republicans took control of the Senate, McConnell deflected. Don’t disenfranchise @HerschelWalker.”A Rubio adviser said the senator is concerned McConnell has not laid out a vision for the future. “The Senate Republican Conference must change the way it operates — regardless of the outcome of the still-pending elections," the letter states.
The midterm elections are next week, and some investors are closely watching the outcome for an idea of how the next Congress's lawmakers will approach cryptocurrency over the following two years. Lawmakers and regulatory agencies have scrambled to sharpen their understanding of the fledgling sector, while the industry itself has beefed up its lobbying. There's a good chance the midterm elections will hardly dent the price action in the days that follow. They say the midterm elections and the new shape of Congress could affect how the legislative process unfolds. While the bear market has dominated headlines this year, the drumbeat for crypto regulation has gotten much louder, providing some comfort to members of the crypto industry.
WASHINGTON — The Senate on Thursday approved a sweeping expansion of health care and disability benefits for Iraq and Afghanistan veterans in response to concerns about their exposure to toxic burn pits. The House in March approved similar legislation that would have cost more than $320 billion over 10 years. And, it would extend Agent Orange presumptions to veterans who served in Thailand, Cambodia, Laos, Guam and American Samoa. But lawmakers said that stories from constituents tell a different and more definitive tale, and they are reluctant to wait for an irrefutable link between veterans’ maladies and their exposure to toxic burn pits. The Senate version trimmed some of the costs early on by phasing in certain benefit enhancements.
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