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People close to Changpeng Zhao, the former CEO of Binance better known as ‘CZ,’ say discussions are intensifying inside the Trump White House over whether to issue a presidential pardon for the embattled crypto executive, according to reporting from Charles Gasparino, a Senior Correspondent at FOX Business.  Zhao, once among the most influential figures in the digital asset world, served time following a plea deal with the U.S. Department of Justice in 2023 that included a money-laundering conviction and $4.3 billion in fines for Binance.  But according to several sources familiar with the matter, many within Trump’s inner circle now…

Bitcoin’s rejection from the $125K liquidity pocket has initiated a healthy pullback toward the $120K region. The move appears corrective rather than impulsive, with strong confluence support aligning around the 100-day moving average and the prior breakout structure. Technical Analysis By Shayan The Daily Chart On the daily timeframe, BTC was rejected from the $125K–$126K liquidity zone, which coincides with the prior swing high and a key resistance cluster. The reaction has led to a retracement toward the $117K–$120K support range, an area reinforced by the intersection of the ascending trendline, the 100-day MA, and key Fibonacci retracement levels. A…

Online prediction market Kalshi has raised more than $300 million at a $5 billion valuation as prediction markets move into the financial mainstream, according to a report by the New York Times on Friday.The company will now allow users in over 140 countries to place bets, marking its first major international expansion, the article said.Kalshi projects $50 billion in annualized trading volume this year, up from $300 million last year, and now holds more than 60% of global market share, surpassing rival Polymarket.The funding round was led by major investors including Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG, and Coinbase Ventures,…

Bitcoin trades near $121.6K, testing major resistance at $126K. Analysts watch for a breakout or correction as futures open interest stays high. Bitcoin is trading near $121,600 after reaching a new all-time high above $126,000 earlier this week. The asset has slowed and is now moving sideways just below a major diagonal resistance that has capped the price for several months. Analysts are watching to see whether Bitcoin can break through or if it will be rejected once again. Meanwhile, the market is holding near a key level while open interest remains high in the futures market. Bitcoin Struggles…

Bitcoin price dropped to the $108,000 range today as escalating U.S.-China trade tensions and tariff talks sent shockwaves through global markets.  President Donald Trump posted on Truth Social today that China has announced “aggressive” and “unprecedented” export controls on nearly all products, affecting all countries starting November 1, 2025. In response, Trump said the U.S. will impose a 100% tariff on Chinese goods and enforce export controls on critical software from the same date. Bitcoin price dumped as a result of the news, dumping from roughly $117,000 in early afternoon to below $108,000. At the time of writing, the bitcoin…

October got off to a hot start, but the historically strong month for Bitcoin and crypto prices—called “Uptober” by many investors—hit a roadblock Friday thanks to President Trump’s trade war. And now prices are falling fast as liquidations pile up.More than $1 billion worth of crypto positions have been liquidated over the last 24 hours, per data from CoinGlass, as crypto prices plunge alongside stocks following Trump’s Friday morning declaration that “massive” tariffs against China are in the works.Bitcoin plunged from a price above $122,000 Friday morning to about $116,200 recently, down 4% on the day, while Ethereum has fallen…

In brief Major banks including Banco Santander, Citi, Bank of America, and Deutsche Bank are exploring a “1:1 reserve-backed form of digital money.” The banks said in a statement that the potential product would be pegged to G7 currencies. A number of companies and banks worldwide are interested in issuing stablecoins. A group of international banks have said they are working together to explore issuing a stablecoin product. The banks—Banco Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, MUFG Bank Ltd, TD Bank Group, and UBS—said Friday that the digital token would be pegged to G7 currencies,…

A tightening U.S. power grid is driving bitcoin BTC$113,244.11 miners and AI developers into closer alignment, according to Wall Street broker Bernstein. Soaring demand from AI and digital workloads has made grid access one of the biggest constraints on new data center growth, with interconnection timelines stretching to seven years in some regions, the broker said in a report on Friday.Miners, who secured large renewable power contracts years ago, now control more than 14 gigawatts (GW) of capacity and offer AI providers a shortcut to scale, analysts led by Gautam Chhugani wrote.Sites owned by IREN (IREN) and Riot Platforms (RIOT)…

Dogecoin’s structure “is still trying to turn around,” according to a market technician More Crypto Online who argues that both the higher-time-frame and intraday counts now permit a constructive path toward $0.60—provided a handful of support and breakout thresholds hold. In a new video, the analyst describes a market that is “printing higher highs and higher lows,” but cautions that the advance is “choppy, slow… boring and very fragile,” language that underscores how conditional the bullish setup remains. Dogecoin Breakout Loading On the daily chart, the crux of the thesis is the integrity of August’s corrective low, labeled as the…

Swan Bitcoin CEO Cory Klippsten said Bitcoin’s price volatility may not be over after the cryptocurrency briefly fell to $102,000 on Friday, following US President Donald Trump’s announcement of a 100% tariff on Chinese imports.“If the broader risk-off mood holds, Bitcoin can get dragged around a bit before it finds support and starts to decouple again,” Klippsten told Cointelegraph on Friday.Klippsten said that Bitcoiners should expect some turbulence over the coming days. “Macro-driven dips like this usually wash out leveraged traders and weak hands, then reset positioning for the next leg up,” Klippsten said. $8 billion wiped out in crypto marketOver…