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BNB Price Pumps 5% As Donald Trump Defends Changpeng Zhao Pardon

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The price of BNB has pumped over 5% in the last 24 hours as US President Donald Trump defends his pardon for Binance founder Changpeng Zhao (CZ). Following the latest gain, BNB trades at $1,141.14 as of 1:00 a.m. EST, according to data from CoinMarketCap.  BNB price (Source: CoinMarketCap ) The altcoin is now more than 13% in the green on the monthly time frame, but is over 16% down from the all-time high (ATH) of $1,370.55 that was set on Oct. 13.  Trump Pardons Binance’s CZ After “A Lot Of People” Said He Wasn’t Guilty CZ pleaded guilty in November 2023 to one count of failing to implement an adequate Anti-Money Laundering (AML) program at Binance, and for violating the Bank Secrecy Act. He was also fined $50 million, and Binance agreed to pay $4.3 billion as part of a settlement.  As part of the plea, CZ also agreed to step down from his role at the time as Binance’s CEO. Then, in April 2024, CZ was sentenced to four months in ...

Tether, MicroStrategy bought billions, yet bitcoin keeps falling

With the price of bitcoin down 10% and global crypto markets losing half a trillion dollars since the start of the year, investors are questioning the mainstream narrative that institutional demand would drive up the price of bitcoin. This year, giant companies like Tether, MicroStrategy, and Blackrock have been gobbling up tens of thousands of bitcoin, yet their efforts have not stopped its declining price. Once upon a time, tether (USDT) supposedly pumped the price of bitcoin. In years past, according to researchers like John Griffin and Amin Shams, the minting of the world’s most popular, intermittently backed, stablecoin empowered market manipulators to induce demand for bitcoin. Despite the uncertainty of this theory, the idea of Tether’s power has remained popular. Similarly, institutional demand was supposed to propel bitcoin to new heights . “The institutions are coming” meme dominated discussions among many bitcoin investors over the years who predict...

Crypto trader just lost $3 million on Official TRUMP

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Despite being seen as the pro-crypto candidate of the 2024 election, thus far, Donald Trump’s second presidency has had its fair share of controversies regarding the cryptocurrency market. Perhaps the most significant of these was the launch of Official TRUMP (Trump), the president’s very own meme coin. Released on January 17, just days before the inauguration, TRUMP quickly skyrocketed, reaching an all-time high (ATH) price of $44.28 per token on January 21, as well as a market capitalization of roughly $14.7 billion. The frenzy was short-lived. By the end of January, Official TRUMP was changing hands at a price of $24.05, and has been on a steady downward trajectory ever since. At press time on March 28, the president’s meme coin was trading at a price of $10.18. Picks for you Crypto market erases $100 billion in 24 hours ...

Sam Bankman-Fried's Parents Seek Pardon From President Trump

Sam Bankman-Fried’s parents are reportedly seeking a Presidential pardon for him from Donald Trump, a Bloomberg report says. Stanford Law School Professors Joseph Bankman and Barbara Fried reportedly had meetings in recent weeks with lawyers and other figures considered to be in Trump’s orbit about clemency for their son, Bloomberg reports. JUST IN: Sam Bankman-Fried's parents explore seeking a pardon from President Trump for their son, Bloomberg reports. pic.twitter.com/FMVUpaEOUf — Watcher.Guru (@WatcherGuru) January 30, 2025 The founder of the collapsed FTX exchange was convicted last fall and is serving a 25-year sentence in prison. FTX’s collapse is one of the biggest controversies in the history of the digital asset sector. Bankman-Fried was convicted by a jury on seven counts of fraud in 2023. Specifically, those charges include his thievery of customer assets when running the cryptocurrency exchange, and his deceit with the firm’s investors and creditors. Altogether...

Trump’s World Liberty Fi just bought these 2 cryptos

World Liberty Financial (WLFI), a decentralized finance platform reportedly backed by Donald Trump and his family, has captured attention with a series of high-profile cryptocurrency purchases.  Just hours before Trump’s inauguration, WLFI made headlines for acquiring over $109 million in digital assets across six cryptocurrencies in a single day.  Among the standout transactions was the purchase of 177.26 Wrapped Bitcoin (WBTC), worth approximately $18.8 million. WBTC, a Bitcoin derivative token designed to operate natively on the Ethereum (ETH) blockchain, has become increasingly popular for bridging Bitcoin’s liquidity into decentralized finance ecosystems.  Picks for you ChatGPT says Silver price will hit this target in 2025 17 hours ago ...

Trump-endorsed World Liberty Financial buys Justin Sun tokens

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World Liberty Financial (WLF), the Donald Trump-endorsed and Justin Sun-advised cryptocurrency project, has been diversifying the holdings in its multisignature wallet. Donald Trump Jr. noted on X that WLF has recently acquired millions in ether, AAVE, LINK, and Ethena, as well as Sun-founded TRON, and Sun-advised Wrapped Bitcoin.  Sun, for his part, has been reposting posts about these purchases and claimed that he believes that if he has “made any money in cryptocurrency, all credit goes to President Trump.” World Liberty Financial has acquired millions in ETH, AAVE, LINK, Ethena, TRON, and Wrapped Bitcoin. Read more: VIDEO: Trump’s World Liberty Financial explained in 2 minutes Looking at token holdings with a value greater than $1 million the largest holding is ETH, which if you combine the native token, staked ether, and Wrapped Ether, totals over $215 million . There is also over $7 million worth of Sun-founded TRX tokens.  There are ...

If you put $1,000 in Donald Trump’s crypto portfolio at the start of 2024, here’s your return now

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United States President-elect Donald Trump is among the prominent global leaders with a substantial holding of cryptocurrencies, standing out as an influential player in the digital assets space. Notably, Trump has emerged as a darling of the sector despite initially objecting to the value of cryptocurrencies. As of January 12, his cryptocurrency portfolio featured over 50 different assets. Trump’s cryptocurrency holdings  Indeed, Trump’s cryptocurrency collection is dominated by about 70% meme coins, mostly emanating from gifts, Ethereum (ETH) from NFT sales, and direct investments in Ethereum and Wrapped Ethereum, enhanced by his political and business projects. Picks for you Legendary trader sets Bitcoin next high target after possible dump 3 hours ago ...

XRP Price Prediction: As Top Ripple Executives Meet Donald Trump, Partners With Chainlink And SLAP Jumps 27% Ahead Of Airdrop

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The XRP price dropped 5% in the last 24 hours to trade at $2.29 as of 00:58 a.m. EST on trading volume that surged 78% to $7.5 billion. This comes as top Ripple executives met with President-elect Donald Trump. Ripple CEO Brad Garlinghouse shared a picture of the firm’s senior executives with Trump, saying, “Great dinner with Donald Trump and Stuart Alderoty. Strong start to 2025!” Great dinner last night with @realDonaldTrump & @s_alderoty. Strong start to 2025! pic.twitter.com/UjM6lahUG4 — Brad Garlinghouse (@bgarlinghouse) January 8, 2025 The dinner comes on the eve of a crucial SEC vs. Ripple case deadline. The SEC is expected to file its appeal-related opening brief by January 15 if it plans to challenge the Programmatic sales of the XRP ruling.  In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP did not satisfy the third prong of the Howey Test. Meanwhile, Ripple and Chainlink have announced a strategic alliance to inc...

De-Dollarization To End: Russia US Meet To Rekindle New Reforms?

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Russia, being an active part of the BRICS ecosystem, is now adopting a new stance. In a new clip, Russian PM Vladimir Putin can be seen expressing his desire to meet US President Donald Trump to discuss future proceedings. In another clip, Donald Trump was noted making a similar promise, adding that he wanted to meet Putin and discuss ending the ongoing war crisis. The conversation may span a variety of new topics, including the rising US dollar de-dollarization. Is the phenomenon of US Dollar derailment finally coming to a long halt? Also Read: Shiba Inu: Here’s What SHIB’s Immediate Price Target Is? Putin Says No Issues In Meeting US President Trump Source: CNN In a new clip online, Russian PM Putin was noted expressing his openness to meeting with US President Donald Trump. Russian President Putin says he is open to a meeting or summit with US President-elect Trump at any time. pic.twitter.com/h4yPeAVQg7 — BRICS News (@BRICSinfo) December 22, 2024 At the same time, Donald Trump was...

Bitcoin Breaks $100K For The First Time In History After Donald Trump Nominates Pro-Crypto Paul Atkins For SEC Chair

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Crypto market leader Bitcoin (BTC) zoomed past the psychological $100K mark for the first time in history after US President-elect Donald Trump nominated pro-crypto Paul Atkins to replace Gary Gensler as the new Chair of the Securities and Exchange Commission (SEC). BTC pumped more than 9% in the last 24 hours to trade at $102,104.55 as of 1:10 a.m. EST. This added to the crypto king’s weekly gain and boosted Bitcoin’s market cap to above $2 trillion. Trump Nominates Atkins As Gensler’s Replacement Incoming US President Trump announced in a Dec. 4 post on Truth Social that he has nominated Atkins to replace SEC Chair Gensler as the agency’s chief. In the post, Trump noted Atkins’ former role as an SEC commissioner, adding that he “strongly advocated for transparency and protecting investors,” during his time at the regulator. This nomination of a pro-crypto SEC Chair follows the promises made by Trump earlier this year at the Bitcoin 2024 ...

Donald Trump's Tax Plan To Exempt 93M Americans From Income Taxes

Donald Trump’s tax reform plan could exempt roughly 93.2 million Americans, or just under half of the U.S. electorate, from part of their income taxes. The Republican nominee has proposed eliminating taxes on tips and Social Security benefits. Trump also said he would think about exemptions for firefighters, police, and military personnel, according to CNBC. JUST IN: Donald Trump's tax plans could exempt 93 million Americans from income taxes, CNBC reports. — Watcher.Guru (@WatcherGuru) October 21, 2024 Trump plans to transition away from the income tax system and replace it with the revenue he expects to generate from his hardline tariff proposals. His tariffs would cause American companies to pay extra for imports. He pledged to impose a 20% universal tariff on all imports from all countries. This includes a specific 60% rate for Chinese imports. “In the old days when we were smart, when we were a smart country, in the 1890s and all, this is when the country was relatively the ...

Donald Trump’s Ethereum Wallet Holds $2.8M, Statement Shows

A new financial statement reveals that former United States President Donald Trump owns over $2.8 million in an Ethereum wallet. 🇺🇸 Former President Trump holds $2.8 million #Ethereum, updated financial records reveal. — Watcher.Guru (@WatcherGuru) August 16, 2023 The Citizens for Responsibility and Ethics in Washington nonprofit (CREW) shared the statements this week. These show that Trump made over $4.8 million from licensing fees tied to nonfungible token (NFT) collections using his image. In addition, Trump netted around $7.6 million from his crypto-related ventures. In a filing back in April, Trump’s Ethereum Wallet held between $250,000 and $500,000 in ETH. Now, it appears that that wallet has become significantly larger in ETH volume. The news comes as the former president is facing another indictment in Georgia this week, which charges him with conspiring to interfere with the 2020 election. Donald Trump ’s Ethereum holdin...