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Trump
Donald Trump-Themed DJT Token Slumps 90%
Trump-themed DJT token, issued by Martin Shkreli dove 90%. The token plummeted after a single wallet sold $2 million worth in one transaction reducing its market cap to $3 million from $55 million. Martin Shkreli claimed he and Barron Trump created the token but denied that he held any tokens or keys. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%
A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly.

Kamala Harris Can't 'Cede Crypto to Trump'; Bybit Withdraws Services From France
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the Official Monetary and Financial Institutions Forum says that Harris cannot afford to "cede crypto to Trump." Plus, the U.S. added 114,000 jobs in the month of July, and crypto exchange Bybit said it will withdraw its services from France in response to regulations in the country.

Kamala Harris Can't Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank
"Kamala Harris must lay out her own agenda for cryptoassets or she risks ceding the ground entirely to the Republicans," said the commentary from OMFIF’s Digital Monetary Institute.

Donald Trump Site Lists Limited-Edition 'Bitcoin Sneakers' for as Much as $500 a Pair
The most expensive bright orange, high-top sneakers are already sold out and being relisted on eBay for as high as $2,500.

Bitcoin's Future Could be Tied to the Outcome of the U.S. Election: Jefferies
Trump’s policy shift towards crypto is very recent, but it may impact the price of bitcoin in the near term depending on who wins the U.S. election in November, the report said.

Polymarket Whales Favor Trump as Election Betting Surges Past $400M
Traders also are skeptical about China 'unbanning' bitcoin

Is Donald Trump Insulating Bitcoin’s Price From the Tech Stock Slide?
With bitcoin steady and tech stocks tanking, is this BTC’s decoupling moment? If so, former president Trump may be the reason, says CoinDesk’s senior analyst George Kaloudis.

Any Near-Term Rebound in Crypto Market Likely to Be Temporary: JPMorgan
The bitcoin price is currently too high versus its production cost and relative to its volatility-adjusted comparison to gold, the report said.

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.
