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Anchorage and Chainlink-founded PAC Releases Initial Endorsement List for the 2026 Midterm Elections

44 minutes ago

MAY 21 – The bipartisan hybrid political action committee (PAC) Blockchain Leadership Fund, co-founded by Anchorage Digital and Chainlink in March of this year, announced its first slate of endorsements for the 2026 U.S. midterm elections, revealing it will issue campaign donations to multiple congressional candidates from both the Republican and Democratic parties. The endorsed candidates include Senate hopefuls Barry Moore, Kurt Alme, Jon Husted, and Angie Craig, plus House candidates Houston Gaines, Jim Kingston, Jon Bonck, Adrian Boafo, Christian Menefee, and Don Davis. The races span key states across the country: Alabama, Montana, Ohio, Minnesota, Georgia, Texas, Maryland, and North Carolina. The PAC noted it will continue vetting candidates and expand its support to include competitive races at the federal, state, and local levels moving forward.
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May 21st saw on-chain HYPE long and short positions ride a wild rollercoaster, fueled by the token’s ongoing surge. As of press time: The largest HYPE short, held by wallet loracle.hl, is currently carrying an unrealized loss of $25.9 million. The trader shorted 1.82 million HYPE tokens (worth $108 million) at an average price of $45.1, while the token’s latest liquidation price stands at $68.8. On the flip side, the largest HYPE long position is now sitting on an unrealized gain of $28.64 million. This trader went long with 1.38 million HYPE tokens (valued at $82 million) back in November, entering at $38.6 and holding the position for seven months.

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