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Cryptocurrency News Today – July 19, 2024

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Welcome to “Crypto News Today”, your daily digest of the cryptocurrency industry.

Jamie Dimon running for Treasury Secretary?

Reports suggest that JPMorgan Chase CEO Jamie Dimon could be a contender for Treasury Secretary if former President Donald Trump returns to office. Dimon’s potential nomination is speculated to signal a significant shift in economic policy. To learn more, visit the TDR website!

Bitcoin Bullish Sentiment Diminishes

Bullish sentiment for Bitcoin has taken a significant hit, according to recent market analysis. Experts point to macroeconomic factors and regulatory uncertainty as key reasons for this decline in investor confidence.

Polymarket Predicts Kamala Harris to Be Democratic Frontrunner

Forecasting platform Polymarket shows Vice President Kamala Harris overtaking President Joe Biden as the Democratic frontrunner for the 2024 election. The shift follows growing speculation that Biden may drop out of the race.

Is Trump Considering a Strategic Bitcoin Reserve in the US?

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, sparking significant debate.

WazirX Under Investigation For Suspicious Withdrawals

Cryptocurrency exchange WazirX has reported $230 million in suspicious withdrawals, with a substantial amount of $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

Cryptocurrency exchange Kraken has paid Barstool Sports founder Dave Portnoy in Bitcoin as part of a new sponsorship deal. The partnership highlights the growing trend of cryptocurrency payments in traditional sponsorships.

Biden’s Dropout Odds Increase Post-COVID Diagnosis

The odds of President Joe Biden withdrawing from the 2024 election have risen to 68% following his recent diagnosis of COVID-19. The development has intensified discussions about potential Democratic nominees.

Mt. Gox Creditors Face Failed Login Attempts During Refunds

Creditors of the defunct Mt. Gox exchange are experiencing failed login attempts during the ongoing refund process. These issues have raised security concerns among creditors seeking to recover lost funds.

Anthony Scaramucci on Trump, Gensler and Bad Press

SkyBridge Capital’s Anthony Scaramucci shares his thoughts on Donald Trump, SEC Chairman Gary Gensler, and recent negative media coverage. Scaramucci’s insights provide a unique perspective on the current cryptocurrency regulatory landscape.

Read more cryptocurrency news on the TDR website!

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