Bitcoin price action favored bulls as the weekly close neared, with BTC nearing $113,000 ahead of a key week for the Federal Reserve. Key points: Bitcoin brings upside volatility into the weekly close with a charge through $112,000 resistance. Traders hope for new local highs next as the BTC price recovery continues. Read more
CZ’s pardon by Trump followed a lobbying push that included $450,000 to Trump-linked lobbyists and $290,000 to former SEC chair contender Teresa Goody Guillén. Former Binance CEO Changpeng “CZ” Zhao’s pardon by US President Donald Trump came after an extensive and expensive lobbying campaign in Washington. Zhao, who served a four-month prison sentence last year for violating US Anti-Money Laundering (AML) laws, benefited from a months-long effort by Binance and its legal team to win over key figures in Trump’s orbit, according to a Sunday report by Politico. In late September, Binance hired Ches McDowell, a close associate of Donald Trump Jr., and his North Carolina-based firm Checkmate Government Relations to lobby the White House and Treasury Department on “executive relief,” the report claimed. Read more
Coinbase CEO Brian Armstrong said onchain fundraising could make capital formation “more efficient, fair, and transparent.” Coinbase CEO Brian Armstrong has outlined an ambitious plan to move every stage of a startup’s journey, from incorporation to fundraising and public trading, onto the blockchain. Speaking on the TBPN podcast, Armstrong described his vision for an onchain lifecycle where founders could incorporate their startups, raise seed rounds, receive instant capital in USDC (USDC) and eventually go public through tokenized equity. “You can imagine this whole life cycle coming onchain,” he said, adding that such a shift could “increase the number of companies who go raise capital and get started out there in the world.” Read more
Bitcoin’s price chart resembling the soybean market around 50 years ago, BitMEX’s Arthur Hayes makes big Bitcoin call: Hodler’s Digest The anonymous crypto trader who supposedly made millions shorting the crypto market before US President Donald Trumps tariff announcement appears to have profited again by betting that Trump would pardon the founder of Binance. Onchain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng CZ Zhao sometime in 2025. The crypto trader had already been suspected in crypto circles of having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts, just hours before Trumps tariff announcement sent prices falling. Read more
Bitcoin’s price chart resembling the soybean market around 50 years ago, BitMEX’s Arthur Hayes makes big Bitcoin call: Hodler’s Digest The anonymous crypto trader who supposedly made millions shorting the crypto market before US President Donald Trumps tariff announcement appears to have profited again by betting that Trump would pardon the founder of Binance. Onchain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng CZ Zhao sometime in 2025. The crypto trader had already been suspected in crypto circles of having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts, just hours before Trumps tariff announcement sent prices falling. Read more
Bitcoin’s price chart resembling the soybean market around 50 years ago, BitMEX’s Arthur Hayes makes big Bitcoin call: Hodler’s Digest The anonymous crypto trader who supposedly made millions shorting the crypto market before US President Donald Trumps tariff announcement appears to have profited again by betting that Trump would pardon the founder of Binance. Onchain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng CZ Zhao sometime in 2025. The crypto trader had already been suspected in crypto circles of having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts, just hours before Trumps tariff announcement sent prices falling. Read more
Bitcoin’s price chart resembling the soybean market around 50 years ago, BitMEX’s Arthur Hayes makes big Bitcoin call: Hodler’s Digest The anonymous crypto trader who supposedly made millions shorting the crypto market before US President Donald Trumps tariff announcement appears to have profited again by betting that Trump would pardon the founder of Binance. Onchain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng CZ Zhao sometime in 2025. The crypto trader had already been suspected in crypto circles of having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts, just hours before Trumps tariff announcement sent prices falling. Read more