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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 price may recover up to 21% over the coming seven days if October’s historical trends hold, an economist suggests.“Drops of more than 5% in October are exceedingly rare. This has happened only 4 times in the past 10 years,” economist Timothy Peterson said in an X post on Friday.’He said those instances occurred in October 2017, 2018, 2019, and 2021. In the week following each drop, Bitcoin (BTC) rebounded by 16% in 2017, 4% in 2018, and 21% in 2019. The only exception was 2021, when the crypto asset fell a further 3%. October is often dubbed “Uptober” for…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Shiba Inu has maintained steady momentum in recent days, trading at approximately $0.00001197 after bouncing from its weekly lows near $0.00001180. Shiba Inu’s recent bounce follows a period of increased activity that saw Bitcoin reach new all-time highs this week. Although SHIB’s price action is relatively quiet compared to other cryptocurrencies, it is forming a structure on the daily candlestick timeframe chart that could soon lead to an explosive rally. Technical analysis of Shiba Inu on the TradingView platform shows that the meme coin is about to…
Algorand Foundation, the non-profit organization that’s looking after the development of Algorand’s (ALGO) blockchain, just unveiled a crucial expansion move. In collaboration with Pera Card, a MasterCard-like debit card payment solution, this will reduce the need to convert crypto to fiat currencies in order to spend it in-shop.Algorand Card Adds Three EU Countries, USA Next Up?Instead, Algorand’s debit card uses the Circle USD (USDC) stablecoin, which is regulated both in the United States (USA) and the European Union (EU). Already available in the United Kingdom (UK), Italy, Germany, Spain, New Zealand, now this USDC-powered debit card is adding Poland, Portugal…
Cosmo Jiang has overseen more than 20 deals for Pantera Capital.Running a successful crypto treasury firm typically boils down to one thing, he told DL News.The digital asset treasury trend peaked this summer.Cosmo Jiang knows a thing or two about public companies pivoting to crypto.After more than 20 deals and over $500 million deployed, Pantera Capital’s general partner identified what separates the successes from the pack.And it revolves primarily around knowing your audience.“A lot of people in crypto don’t realise that the whole name of the ball game in equities is you have to appeal to equity investors,” Jiang told…
Despite DeFi’s maturity, its lending markets still exhibit significant inefficiencies. You deposit your crypto into a massive pool, and a borrower takes it out. That works, sure, but the interest rate spread – the difference between what you earn as a lender and what the borrower pays – often reaches a huge amount. It is an issue of capital efficiency, and for years, we just accepted it.Morpho is an innovative optimization layer built right on top of established protocols, ready to make your idle assets work smarter, not just harder.What is Morpho?What is Morpho?Simply put, Morpho is the non-custodial lending…
This week, a noticeable dip in crypto market activity has pushed several assets into decline, while others have mostly traded sideways amid fading momentum. With sentiment turning cautious, large investors, known as crypto whales, are selectively accumulating some assets whose dips offer a strategic buying opportunity. Sponsored World Liberty Financial (WLFI)Donald Trump-linked WLFI has emerged as one of the standout tokens that has drawn whale attention this week. The altcoin’s value has dipped 12% in the past seven days, creating what some whales view as a buy signal. According to Nansen, large investors holding more than $1 million worth of WLFI tokens have increased…
Artificial intelligence (AI) is evolving beyond chatbots and copilots, and the next frontier of this fast-developing industry is a world of AI agents.These autonomous digital actors can browse the web, negotiate contracts, make payments, and collaborate with other machines.The market supporting this shift is immense, with data from Statista projecting the global AI sector to surpass $1 trillion by 2031. Notably, the report suggests that a significant market share would be dedicated to agentic systems capable of independent decision-making.Yet one question dominates the conversation: How will millions of these autonomous agents trust, verify, and transact with each other?While technological firms…
The crypto analytics platform CoinGlass confirmed that it was the victim of a sophisticated proxy attack, which temporarily disrupted access to its website and services.Sponsored SponsoredLarge-Scale Proxy AttackAccording to a public statement from the company, the attack involved a “large-scale proxy strike” aimed at the firm’s infrastructure. While CoinGlass says the disruption was temporary, some users across regions reported that the platform was inaccessible or extremely slow for a period.CoinGlass stated: We were targeted by a large-scale proxy attack earlier today, which temporarily affected website access. The issue has been resolved — our website is now fully accessible. Thank you…
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…
