In this episode of the Crypto Daily Download, we dive into the latest developments in the cryptocurrency world. Discover how the crypto political action committee, Fairshake, has raised an impressive $193 million, positioning itself to influence the upcoming Congressional midterms. We discuss their bipartisan approach and the role of sister PACs. Learn about Fidelity Investments’ launch of the Fidelity Digital Dollar (FID), a stablecoin issued by Fidelity Digital Assets National Association. Hear insights from Michael O’Reilly on the potential of stablecoins as foundational payment and settlement instruments. We cover the recent decline in Coinbase shares and the company’s response to emerging threats from quantum computing with the establishment of a high-level advisory board. Get the latest on Strive Asset Management’s significant Bitcoin acquisition, pushing their holdings to nearly 13,000 BTC, and their impressive quarter-to-date Bitcoin yield. Jane King with the latest from the NYSE.
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The Crypto Political Action Committee Fairshake amassed $193 million by the end of last year, positioning itself to play a major role in congressional midterms.
The Senate Agriculture Committee is expected to debate and consider proposed amendments to its version of the bill today.
Now, the total from Fair Shake shared with CNBC ahead of the January 31st reporting deadline includes.
Race for Fair Shake, which gives to candidates of both parties, as well as its sister PACs, the Democrat Focused Protect Progress, and Republican Focused Defend American Jobs.
Well, Fidelity Investments is launching its own stablecoin.
The Fidelity Digital dollar, or the FID, will be issued by Fidelity Digital Assets National Association, a national trust bank that received conditional approval to operate from the US Office of the Comptroller.
Of the currency in December, Mike O'Reilly, president of Fidelity Digital Assets, told Bloomberg they believe stablecoins have the potential to serve as foundational payment in settlement instruments.
While Coinbase shares fell nearly 50% from their July 2025 peak as Bitcoin retreated and momentum shifted to precious metals.
Coinbase launched a high-level advisory board to address quantum computing threats to Bitcoin.
Cryptography.
Bernstein still holds a $440 target, implying a 106% upside.
The firm cites expanding tokenization and prediction market opportunities.
Strive Asset Management acquired another 333 Bitcoin, pushing its holdings to nearly more than 13,000 Bitcoin, worth about $1.1 billion.
The firm now sits inside the top 10 publicly traded holders of BTC.
The firm reported a quarter to date Bitcoin yield of just over 21%, a metric reflecting growth in Bitcoin exposure per common share, and that is the latest crypto daily download headlines.