Well, well, well… looks like New York’s grand crypto dreams just hit a pothole-right in the middle of Fifth Avenue. Mayor Eric Adams, the guy who wanted Bitcoin to replace hot dogs as NYC’s signature street food, has officially bailed on his reelection bid. 🚀💥
In a dramatic X video (because nothing says “I’m serious” like posting on social media), Adams blamed his financial woes-thanks to that pesky bribery case and the city being, you know, stingy with funds. Classic.
“Despite all that we have achieved-which, let’s be honest, is debatable-I can’t keep pretending this campaign isn’t a sinking ship,” he said, probably while staring wistfully at a framed photo of himself shaking hands with a Bitcoin ATM. “The media won’t stop speculating, and the campaign finance board won’t stop hoarding cash like it’s a GameStop stock. So, yeah. I’m out.”
Adams rode into office in 2022 on a wave of “public safety” promises (and let’s face it, New Yorkers were desperate for anyone who wasn’t actively setting trash cans on fire). He did lower crime-unless you count his own scandals, which, let’s be real, were basically a side hustle.
“This isn’t the end of my public service,” he insisted, which I assume means he’ll pivot to hosting a crypto-themed talk show called Adams & Coins. “I’ll still fight for this city!” (Translation: He’ll still tweet about Bitcoin while avoiding subpoenas.)
Only in America. Only in New York.
Thank you for making my story a reality.– Eric Adams (@ericadamsfornyc) September 28, 2025
The Big Apple’s Bitcoin Advocate (Until He Wasn’t) 🍏➡️📉
Back in May, Adams was practically doing backflips for crypto, declaring NYC “open for business” (unless that business was paying taxes or not being sketchy). He even promised a “digital advisory council” to make New York the “crypto capital of the globe.” Bold words for a guy whose own capital was evaporating faster than a meme coin.
“Tokenization is here!” he proclaimed, probably while handing out NFTs of his face. He pushed for a Bitcoin bond (because what’s riskier than NYC finances? Crypto-backed NYC finances) and tried to kill the BitLicense program-which, shocker, got shot down for being “legally dubious and fiscally irresponsible.” Who saw that coming? 🙄
Who’s Next? (Spoiler: Not a Crypto Bro) 🤷
Adams was polling fourth (ouch), losing to a democratic socialist (double ouch) who may or may not hate crypto. Zohran Mamdani hasn’t clarified his stance, but let’s just say Wall Street’s sweating harder than a tourist in Times Square.
Then there’s Andrew Cuomo, lurking in second place like a guy who still thinks “NFT advisor” is a real job. He’s got a mixed crypto record-which, in politics, means he’ll say whatever gets him votes (and maybe a consulting fee).
Mamdani leads Cuomo by a landslide (84.6% to 14.4%, per Polymarket), so unless Cuomo pulls a miracle-or buys enough votes with Dogecoin-NYC’s crypto future is looking… interesting. Election’s Nov. 4, 2025. Adams stays mayor until Jan. 1, 2026-just enough time to mint his own farewell coin. 🪙
Read More
- US Government’s Wild Plan: Tariffs for Bitcoin? You Won’t Believe This! 💰🚀
- Gold Rate Forecast
- JPY KRW PREDICTION
- CNY JPY PREDICTION
- BONK PREDICTION. BONK cryptocurrency
- Brent Oil Forecast
- STX PREDICTION. STX cryptocurrency
- HBAR PREDICTION. HBAR cryptocurrency
- Silver Rate Forecast
- Japan’s Real Estate Market Just Met Blockchain and Said, “Let’s Make it Weird!”
2025-09-29 06:49