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Donald Trump is reportedly considering granting a presidential pardon to Binance founder Changpeng “CZ” Zhao. According to the White House rumors, Senior aides are said to be divided over the move. There are debates about potential backlash from regulators and lawmakers who view CZ’s conviction as a landmark case in financial crime enforcement.Sponsored CZ’s Sentencing and Legal HistoryIf granted, the pardon would effectively clear Zhao’s federal conviction despite his having already served his sentence. Zhao, the former CEO of Binance, pleaded guilty in 2023 to violating the Bank Secrecy Act for failing to maintain an adequate anti-money-laundering program.  SCOOP: People close to…

The cryptocurrency market, a landscape famed for its volatility and rapid innovation, operates on a rhythm dictated by the dominance of Bitcoin and the subsequent explosion of Altcoins. This pattern is proof that the market still moves to BTC’s beat, positioning it as the unseen conductor of this vast digital sector. How Bitcoin Dominance Peaks Before Altcoin Euphoria In an X post, Swissblock has mentioned that the Bitcoin and Altcoin cycle continues to indicate that the crypto market remains firmly anchored to BTC dominance. Despite the rise of narratives and market behavior, the market is now approaching the full BTC…

ZEC is the top gainer in the past week, while BNB flipped XRP. It was another eventful week in the cryptocurrency markets, as two of the leaders managed to break into uncharted territory before staging a minor pullback. But first, let’s rewind the clocks to the previous week, which marked the beginning of October, often referred to as Uptober in the digital asset community. BTC had already recovered some of the mid-September losses, but only doubled down and surged to $120,000 for the first time since August. On Friday alone, it went from $120,000 to $124,000 but failed to…

Binance data shows that Bitcoin’s emotional index is climbing sharply. Bitcoin (BTC) pulled back on Friday as traders locked in profits following its surge to fresh record highs earlier this week. Despite this, market fear appears to be fading fast, as evidenced by Binance’s data, which shows Bitcoin’s emotional strength turning positive. This could also mean that investors may be gearing up for another rally. BTC Emotional Strength Hits Positive Territory Investor sentiment toward BTC is showing a decisive turnaround, according to fresh data from Binance, the world’s largest and most liquid cryptocurrency exchange. Since the start of October,…

The liquidations are up to $250 million in just an hour. Bitcoin’s price took a turn for the worse over the past hour or so after US President Donald Trump threatened China with a new set of tariffs. The POTUS said that Beijing is being “very hostile,” and said he always felt that they were lying. PRESIDENT TRUMP’S STATEMENT ON CHINA JUST NOW: 1. China is “becoming very hostile” and controlling rare earths 2. “Always felt that China is lying, and now, as usual, I have been proven right” 3. China is “holding the world captive” in a “monopoly…

XRP is showing signs of a powerful bullish resurgence as both price action and momentum indicators move in perfect harmony. Recent analysis reveals that the price and Relative Strength Index (RSI) are trending upward together, a strong signal of renewed investor confidence and sustained buying pressure. With this alignment fueling optimism, XRP is orchestrating a steady climb toward the key $4 level. XRP’s Strength Amplifies With Unified Uptrend EGRAG CRYPTO, in a recent update, revealed that XRP is showing strong bullish signs when viewed from a macro perspective, as both the price and the RSI are trending upward. This coordinated…

Pi Coin price has been trapped in a steady downtrend for weeks, making lower lows almost every few days. Even in the last 24 hours, it slipped another 3.3%, keeping traders cautious as it hovered near $0.22.But this familiar slide might soon be challenged. Several technical and on-chain indicators now suggest that PI could finally attempt a short-term recovery — one that could lift the price by at least 13%. And for Pi, that “13” might just be the turning point that changes its short-term luck.Sponsored SponsoredSelling Pressure Weakens as Divergences AlignThe first signs of change come from the Money…

Some analysts view the current correction as an opportunity. The cryptocurrency market, which marked a new record earlier this week when the total capitalization hit $4.4 trillion, is in a free-fall state after the US President Donald Trump issued a warning against China. Ethereum is among the poorest performers on a daily scale, losing nearly 6% of value. ETH has broken below $4,100, and it’s on its way to $4,000 for the first time in a few weeks. Its weekly losses are up to 10.6%, according to CoinGecko data. Similar losses are evident from other larger-cap alts such as…

Illegal crypto mining operations in Russia are causing the country to lose 10 million rubles, or $122 million, a year from uncollected taxes. Despite legalizing the sector last year, underground crypto operations are skirting the federal tax authority.Sponsored SponsoredTax Evasion and Hidden Mining HubsHundreds of millions of dollars in taxes are evading Moscow’s grasp due to unreported income from illegal crypto mining.Despite Russia legalizing crypto mining in August last year, many informal mining operations continue evading the federal tax authority. This widespread tax evasion reportedly costs the country over $122 million in missing tax revenue.According to reports from local Russian outlets,…

Crypto commentator Zach Rector argues that XRP’s months-long malaise is nearing a turning point, contending that selling pressure has largely run its course and that a fresh wave of institutional demand is lining up on the other side of the ledger. “XRP sellers are exhausted,” Rector said in a video analysis published late on October 9, adding that “the downside action and the consolidation that we’ve seen over the past few months is coming to an end and the suits are now getting ready to sell it with slideshow presentations.” Reasons To Be Bullish On XRP Rector’s central thesis is…