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

Host Jennifer Sanasie breaks down the news in the crypto industry from bitcoin-themed sneakers listed on a Trump-linked website to Tether's "record" net profits in the first half of 2024.

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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" $5.2 billion of net profits in the first half of 2024 as USDT’s market cap surged to new all-time highs.

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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

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