US

Risks Are Skewed to a Weaker Nonfarm Payrolls Print, ING Says
A weak report will likely bolster Fed rate-cut expectations and potentially support risk assets, including bitcoin.

Biden Dropout Chances Rise to 68% After Covid Diagnosis
President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.

Democrats Have Made a 'Horrific Mistake' on Crypto, Says SkyBridge Capital’s Anthony Scaramucci
The former White House Communications Director under President Trump spoke in an exclusive interview with CoinDesk’s Jennifer Sanasie.

Market Maker Flowdesk Doubled Down on the U.S. as Things Looked Bleak. Now That Bet Is Paying Off
Flowdesk's CEO made a contrarian bet on the U.S. while the SEC was waging war on crypto. Fast forward a year, and the country has bitcoin ETFs, ether ETFs are imminent and pro-crypto legislation is before the Senate.

Trump Odds on Polymarket Hit Another All-Time High After Vance VP Pick
With a millennial running mate, the former president now has a 72% chance of retaking the White House, traders on the crypto-based prediction market are signaling.

Kraken Co-Founder Jesse Powell Donates $1M, Mostly Ether, to Donald Trump
Powell said he is supporting the only major pro-crypto party candidate.

SEC Ends Probe Into Consensys, Won't Sue Over Ethereum
The U.S. regulator closed its investigation into "Ethereum 2.0," Consensys said.

Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012
The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.

FTX Victims View Bankruptcy Process as 'Second Act of Theft,' File to Recover $8B in Forfeited Assets
Attorneys for the victims said the bankruptcy process has left FTX customers feeling "aggrieved and robbed."

White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports
CFTC Commissioners Christy Goldsmith Romero and Kristin Johnson are reportedly set to be nominated to key roles.

