CRYPTOSTORY 530· AUGUST 7, 2026

A super PAC backed by a crypto billionaire ousted Trump-endorsed Rep. Andy Ogles in Tennessee

A super PAC, which is a political committee that can raise unlimited outside money for elections without coordinating directly with campaigns, spent roughly $2 million to defeat Republican Rep. Andy Ogles in a Tennessee primary on…

NDNewsDialy Desk2 MIN READ

SOURCE

foxnews.com

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XRP falls 7.1% in a week as oil and inflation push toward a Fed rate hike

The short version: XRP ($XRP) has dropped 7.1% in seven days, and the cause is a Federal Reserve rate hike bet. A rate hike is a decision by the U.S. central bank to raise the cost of borrowing across the economy, and traders on Polymarket…

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Standard Chartered puts fivefold target on SKY token, projects $0.325 by end-2028

A fivefold gain by the end of 2028 is what one of the world's major banks projects for a cryptocurrency token, following its decision to formally initiate coverage of the project behind it.

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Bitcoin and ether rise after inflation split leaves the Fed's rate path unchanged

When inflation figures land, the number the market watches most closely is not always the one that headlines lead with. Headline inflation captures every price change in the economy, energy costs included. Core inflation, by contrast…

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