Yesterday, the current president of the United States, Joe Biden, withdrew from the 2024 presidential race.
After announcing that he won’t go after re-election, Biden proclaimed his endorsment of vice-president Kamala Harris running in his stead.
Biden’s withdrawal was not unexpected, given the democrats’ opinion that he is most likely not fit to continue the election.
At first there were rumours that Biden will not endorse Harris, but in the end she ended up “taking up the torch”.
Harris delivered her remarks at an event celebrating the NCAA championship teams from the 2023-2024 season.
She says that Joe Biden is already recovering since he was recently diagnosed with Covid. She also stated that Biden has done more than any other president.
While she praised Biden’s achievements during his term, she didn’t comment on her endorsment.
President Biden’s withdrawal from the Democratic nomination race has caused significant disruption within his party and in media coverage, but has had minimal impact on Donald Trump’s election prospects.
According to the crypto-based prediction market Polymarket, the odds of Trump winning the election stand at 65%, a slight decrease of 1% since Biden’s announcement.
Similarly, the prediction market PredictIt has adjusted Trump’s odds from 64% on Saturday to 60% on Monday morning.
Watch the livestream here:
In a bold move to reshape the future of ApeCoin, Yuga Labs has introduced a proposal that would dissolve the existing ApeCoin DAO and replace it with a streamlined management body called ApeCo.
The U.S. economy may be closer to a downturn than many realize, according to Jay Bryson, chief economist at Wells Fargo.
Circle’s arrival on the New York Stock Exchange sent shockwaves through the market, and Cathie Wood’s ARK Invest wasted no time jumping in.
WazirX’s bid to restructure and compensate victims of a $230 million hack has been rejected by the Singapore High Court, putting the exchange’s recovery roadmap in limbo.