Bitcoin ally Sen. Cynthia Lummis won’t seek reelection in 2026, saying she lacks the stamina for another term but will use her remaining time to advance key crypto bills.
Summary
- Lummis announced on X that she will not run again, saying Wyoming has been her priority but she no longer has the energy for another six‑year term.
- The “Bitcoin senator” stresses that her pro‑crypto stance is unchanged and that she will focus on moving major digital asset legislation to Trump’s desk by 2026.
- Crypto figures including White House AI and crypto czar David Sacks and entrepreneur Mario Nawfal praised her record, while critics speculated about political motives.
Senator Cynthia Lummis, a prominent U.S. advocate for cryptocurrency legislation, announced she will not seek reelection next year, according to a statement posted on social media platform X.
🚨 CONFIRMED: Senator Lummis signals the U.S. crypto Market Structure Bill is nearing the finish line. pic.twitter.com/MGhIltWlf4
— The Crypto Times (@CryptoTimes_io) December 20, 2025
“It’s an incredible honor to represent Wyoming in the U.S. Senate, and throughout my time here, Wyoming has been my one-and-only priority,” Lummis wrote in the statement.
The Wyoming Republican explained that her decision does not reflect a change in her pro-cryptocurrency stance. Lummis stated that recent demanding legislative sessions have demonstrated she no longer has the energy required for another term.
Senator Lummis echoes crypto support
“I am a devout legislator, but I feel like a sprinter in a marathon. The energy required doesn’t match up,” she wrote.
Lummis expressed gratitude for President Donald Trump’s support and stated she plans to focus her efforts on advancing key legislation to the president’s desk in 2026, according to her statement.
White House AI and crypto czar David Sacks responded to the announcement, stating that Lummis has been a strong ally on cryptocurrency policy and that he was sorry to see her departure.
Mario Nawfal, founder and CEO of the International Blockchain Consulting Group, expressed gratitude to Lummis for her service and support of Bitcoin. “You made a difference,” Nawfal wrote.
Some observers raised questions regarding Lummis’ decision. Singer-songwriter Bill Madden shared a video suggesting possible reasons behind her announcement, asserting that Lummis’ choice reflects her distancing herself from what he described as the “authoritarian pedophile and his lawless regime,” a reference to President Trump.
Another commentator suggested that Lummis’ decision might be linked to the release of the Epstein files and a purported connection to the Bitcoin Foundation, while acknowledging this could be coincidental.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
South Korea Police Agency Sets First-Ever Dark Coin Management Guidelines, Virtual Assets Compressed by Approximately 54.5 Billion Korean Won Over Past 5 Years
Korea's National Police Agency completes draft virtual asset management directive, first time including dark coin management and clarifying software wallet solutions. Over the past 5 years, virtual assets worth approximately 54.5 billion won have been seized, with police planning to select private custodian institutions. Experts recommend establishing a government-led custody system.
GateNews24m ago
BTC falls below 75000 USDT, intraday decline of 0.16%
Gate News reports that on March 17, Bitcoin fell below the 75,000 USDT level, currently trading at 74,994.01 USDT, with an intraday decline of 0.16%.
GateNews27m ago
Liquid Capital Founder Yi Lihua: Going All-In on Rebound, BTC Rebound to $85,000-$90,000 is a Reasonable Range
Liquid Capital founder Yi Lihua stated that he is preparing a new fund and adopting a full-position strategy to capitalize on rebounds, believing that BTC rebounding to $85,000 and $90,000 is reasonable. He shared his experience of over a decade in the crypto industry, emphasizing the importance of maintaining a positive mindset and conducting oneself with integrity.
GateNews46m ago
Slippage: The Most Underestimated Profit Killer in Trading
Author: CryptoPunk
Many crypto traders have experienced the same disappointment: strategies that appear stable and profitable in backtests quickly see their returns shrink when actually deployed, sometimes turning from profit into loss. The issue is often not "misjudging the direction," but underestimating trading costs, especially slippage.
In crypto markets where bull and bear phases switch more rapidly, volatility is more intense, and order books are more fragmented, slippage is not a trivial decimal point—it is the real threshold that determines whether a strategy can survive. A deviation of just 2 or 3 basis points can, in high-turnover strategies, completely wipe out the theoretical alpha.
Based on long-term backtests of BTC/USDT and ETH/USDT, this article aims to answer a very practical question: to what extent does slippage erode strategy returns, and which strategies are most likely to be killed by slippage?
1. Introduction: Why Slippage
PANews51m ago