The presidential battle between Joe Biden and Donald Trump may be coming to an end.
According to a report by Newsmax, current US president Joe Biden has agreed to step down as a democratic presidential nominee.
Newsmax cite multiple sources from the Democrats party for this information and it is still not confirmed.
According to the sources this will happen as early as this weekend and the speech is reportedly already being drafted.
Joe Biden will most likely continue working as president of the United States until his mandate ends.
Apparently he will not endorse vice president Kamala Harris as his successor.
This story is still developing.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.
Ethereum co-founder Vitalik Buterin has voiced concerns over the rise of zero-knowledge (ZK) digital identity projects, specifically warning that systems like World — formerly Worldcoin and backed by OpenAI’s Sam Altman — could undermine pseudonymity in the digital world.