Crypto News Today – July 19th, 2024
Welcome to “Crypto News Today,” your daily summary of the Crypto Industry.
Jamie Dimon for Treasury Secretary?
Reports suggest that JPMorgan Chase CEO Jamie Dimon could be a contender for the role of Treasury Secretary if former President Donald Trump returns to office. Dimon’s potential appointment is speculated to signal a significant shift in economic policy. Please read all about it on the TDR Website!
Bitcoin’s Bullish Sentiment Declines
The bullish sentiment for Bitcoin has experienced a significant drop, according to recent market analyses. Experts point to macroeconomic factors and regulatory uncertainties as key reasons for this decline in investor confidence.
Polymarket Predicts Kamala Harris as Leading Democratic Nominee
Prediction market platform Polymarket shows Vice President Kamala Harris overtaking President Joe Biden as the favored Democratic nominee for the 2024 election. This switch follows increased speculation about Biden’s potential withdrawal from the race.
Trump Considering a US Bitcoin Strategic Reserve?
Rumors are circulating that Donald Trump may propose the creation of a US Bitcoin Strategic Reserve if he wins the presidency in 2024. This controversial development could position Bitcoin as a national asset, stirring significant debate.
WazirX Under Scrutiny for Suspicious Withdrawals
Crypto exchange WazirX has reported $230 million in suspicious withdrawals, with a substantial $100 million in SHIB tokens. Authorities are investigating the nature of these transactions amid concerns of potential fraud.
Kraken Pays Dave Portnoy in Bitcoin Sponsorship Deal
Crypto exchange Kraken has paid Barstool Sports founder Dave Portnoy in Bitcoin as part of a new sponsorship deal. This partnership highlights the growing trend of cryptocurrency payments in mainstream sponsorships.
Biden’s Dropout Chances Increase Post-COVID Diagnosis
President Joe Biden’s chances of dropping out of the 2024 election have risen to 68% following his recent COVID-19 diagnosis. This development has intensified discussions about potential Democratic candidates.
Mt. Gox Creditors Face Failed Login Attempts Amid Repayments
Creditors of the defunct Mt. Gox exchange are experiencing failed login attempts during the ongoing repayment process. These issues have raised security concerns among the creditors seeking to recover their lost funds.
Anthony Scaramucci Discusses Trump, Gensler, and Bad Press
SkyBridge Capital’s Anthony Scaramucci has shared his views on Donald Trump, SEC Chair Gary Gensler, and recent negative press coverage. Scaramucci’s insights provide a unique perspective on the current crypto regulatory landscape.
Read more crypto news on the TDR Website!
