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🌙 RFK JR Drops Out and Endorses Trump

Robert F. Kennedy Jr. drops his White House bid to support Trump, altering political dynamics.

Author

Mike Gavela
August 23, 2024

Crypto Roundup - August 23

In a surprising turn, Robert F. Kennedy Jr. has ended his bid for the White House, choosing instead to support Donald Trump's campaign, potentially reshaping the political landscape with his endorsement. Meanwhile, the crypto market is seeing positive momentum as both Bitcoin and Ethereum experience a rally following hints from Federal Reserve Chair Jerome Powell about potential rate cuts. On the technology front, Sony has made a significant move into the blockchain space by launching a Web3 division and a Layer 2 network, signaling the company's commitment to advancing decentralized technologies.

Top Stories:

  • Robert F. Kennedy Jr. drops his White House bid to support Trump, altering political dynamics.

  • Bitcoin and Ethereum rally as Federal Reserve hints at possible rate cuts.

  • Sony unveils Web3 division and a Layer 2 network, marking a major step into blockchain.

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TOP STORIES

Crypto Friendly RFK Jr. Drops White House Hunt, Will Lend Kennedy Name to Trump

Robert Kennedy, a high-profile fan of digital assets, has joined forces with the Republican against Kamala Harris, giving Donald Trump an immediate bump in political prediction odds.

www.coindesk.com/policy/2024/08/23/crypto-friendly-rfk-jr-drops-white-house-hunt-will-lend-kennedy-name-to-trump

Bitcoin and Ethereum Rally as Fed Chair Hints at Imminent Rate Cuts - "The Defiant"

Over $6 million has been wagered on Polymarket on potential outcomes of the Federal Reserve's September interest rate decision.

thedefiant.io/news/markets/bitcoin-and-ethereum-rally-as-fed-chair-hints-at-imminent-rate-cuts

Sony Unveils Web3 Division and Layer 2 Network - "The Defiant"

Sony is teaming up with Startale Labs, the team behind Astar, to develop and Ethereum Layer 2.

thedefiant.io/news/blockchains/sony-unveils-web3-division-and-layer-2-network

FUNDRAISING

OTHER HEADLINES

Aave Token Has Beaten the Market With a 45% Price Surge. Here's Why

AAVE has outperformed every other top 100 cryptocurrency by market value in the past four weeks.

www.coindesk.com/markets/2024/08/23/aave-token-has-beaten-the-market-with-a-45-price-surge-heres-why

Here’s how Avalanche exchange Trader Joe is targeting the $42bn memecoin market

DEX protocol Trader Joe will add a memecoin generator in its next platform upgrade to rival Pumpdotfun and Sunpumpdotmeme.

www.dlnews.com/articles/defi/trader-joe-dex-to-launch-token-mill-memecoin-generator

Former Kansas Bank CEO Gets 24 Years in Jail After Falling for ‘Pig Butchering’ Scam - "The Defiant"

Shan Hanes embezzled $47 million and lost it all to a common crypto scam.

thedefiant.io/news/people/former-kansas-bank-ceo-gets-24-years-in-jail-after-falling-for-pig-butchering-scam

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