SEC will classify Ether as security, deny spot Ether ETFs — Michael Saylor

Warren has amassed nearly 75% of the votes for the Massachusetts seat, setting her up for a third term in the United States Senate.

The crypto industry is watching Senate races in Ohio, Montana, Pennsylvania, Wisconsin, and Massachusetts — all seen as key to getting pro-crypto lawmakers into office.

Bitcoin miners could be squeezed out by deep-pocketed tech giants that can outbid them for prime power sources.