Trump-Linked Website Is Selling 'Bitcoin Sneakers;' Tether Reports Record Net Profits This Year

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Trump-Linked Website Is Selling 'Bitcoin Sneakers;' Tether Reports Record Net Profits This Year
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'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Trump-linked website is offering several ranges of bitcoin-themed sneakers with prices as high as $500 a pair. Plus, the Federal Reserve has kept its benchmark fed funds rate range unchanged at 5.25%-5.50% and Tether reported a 'record' $5.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as a Trump-linked website is offering several ranges of bitcoin-themed sneakers with prices as high as $500 a pair. Plus, the Federal Reserve has kept its benchmark fed funds rate range unchanged at 5.25%-5.50% and Tether reported a "record" $5.2 billion of net profits in the first half of 2024 as USDT’s market cap surged to new all-time highs.

A Trump linked website is selling crypto sneakers and tether reported record profits. You're watching coin desk daily. I'm your host, Jen Sani presidential candidate Donald Trump has already shown his support for Bitcoin, but he reiterated the message with a new line of merch. A Trump linked website is offering several ranges of Bitcoin themed sneakers with prices as high as $500 a pair. There are just 1000 pairs of the bright orange version and they've already sold out.

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