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Binance Coin BNB$1,116.07 gained 3.3% in the last 24-hour period to trade at $1,126, outpacing broader crypto markets afterU.S. President Donald Trump issued a pardon for Changpeng Zhao, co-founder and former CEO of Binance.Zhao pleaded guilty in November 2023 to violating the Bank Secrecy Act and agreed to step down from the exchange he founded. The attempt to imprison him for three years drew criticism across the crypto industry, and ultimately Zhao served four months.In a statement, White House Press Secretary Karoline Leavitt characterized the prosecution under President Biden as a “war on cryptocurrency.”“We believe CZ’s pardon is more than…

Cryptocurrencies including Bitcoin, Ethereum, BNB, Solana, and XRP traded higher and then pared gains. Sentiment improved with the release of the US Consumer Price Index (CPI) report, but prices failed to rally. Analysts say the CPI data makes a Federal Reserve rate cut on October 29 “highly probable”. Major cryptocurrencies including Bitcoin, Ethereum, BNB, Solana, and XRP have maintained steady prices despite Wall Street’s robust reaction to a key economic data release.  As such, the cryptocurrency market was largely muted on Friday October 24, 2025, with an initial price spike following the release of the US Consumer Price Index (CPI)…

Enjoyed this article? Share it with your friends! 10x Research has reported a large movement of funds from alternative cryptocurrencies into Bitcoin BTC $111,630.27 and crypto treasury companies. Their analysis shows that around $800 billion, mostly from individual investors, has been pulled from the altcoin industry and redirected elsewhere.In a blog post published on October 24, 10x Research stated that trading activity, market enthusiasm, and investor confidence have largely left altcoins. Their data shows that this shift has been steady and continues to favor Bitcoin. Did you know? Want to get smarter & wealthier with crypto? Subscribe – We publish…

Wall Street bank JPMorgan (JPM) upgraded Coinbase (COIN) to “overweight” from “neutral” and raised its price target to $404, citing new monetization opportunities and reduced risks that make the crypto exchange appear more attractive compared to its peers. The shares were about 4% higher in early trading, around $332.The bank highlighted two key catalysts: a potential Base token and enhanced USDC payouts.JPMorgan analysts said that Coinbase is exploring a token for Base, its Layer 2 blockchain launched in August 2023, which has grown into one of the largest in the ecosystem. A token could allow Coinbase to capture more of…

Ethereum is struggling to push above the $4,000 level, as market sentiment remains uncertain and volatility keeps investors cautious. Despite several attempts, bulls have failed to sustain momentum, suggesting hesitation at key resistance levels. However, new on-chain data is drawing attention to potentially large-scale liquidity moves that could influence Ethereum’s next direction. Related Reading According to Lookonchain, an Ethereum OG holding 736,316 ETH (worth approximately $2.89 billion) recently deposited $500 million USDT into the vaults launched by ConcreteXYZ and Stable, just before their official announcement. This has sparked significant curiosity across the crypto community, as the transaction appears strategically timed…

Google has announced a major scientific milestone, revealing that its quantum research division, Google Quantum AI, has achieved the world’s first verifiable quantum supremacy with a next-generation processor called “Willow.” Today in @Nature, we published a breakthrough demonstration of verifiable quantum advantage using a measurement known as out-of-time-order correlator (OTOC), or Quantum Echoes. Performed on our Willow chip, it paves a path toward real-world applications → https://t.co/kZyomrKPSx pic.twitter.com/ybKyhJF6e5 — Google Quantum AI (@GoogleQuantumAI) October 22, 2025 The 105-qubit Willow processor completed a complex simulation in just two hours, a task that would take the world’s fastest supercomputer 3.2 years to…

Caroline Bishop Oct 24, 2025 21:21 ENDRA Life Sciences has initiated a crypto treasury strategy, investing $3 million in HYPE tokens following a $4.9 million private placement led by institutional and crypto investors. ENDRA Life Sciences, a medical technology firm based in Ann Arbor, has taken a significant step into the digital asset space by acquiring $3 million in HYPE tokens. This move marks the cornerstone of its newly established crypto treasury strategy, according to CoinMarketCap. Strategic Financial Moves The acquisition of HYPE tokens follows the successful closure of a private investment in…

President Trump reportedly tapped Michael Selig to be the CFTC’s next Chair. The previous nominee, Brian Quintenz, was recently dropped after pressure from the Winklevoss twins.Selig has been an SEC employee and aide to Paul Atkins, so he could steer the two Commissions towards closer collaboration. However, it’s hard to make any further predictions about his ideas on policy.Selig for CFTC ChairIn recent months, things have been pretty chaotic at the CFTC. One of the US’s top financial regulators has been reduced to one Commissioner, with outgoing members warning of a “financial Wild West.” Sponsored SponsoredMeanwhile, the Acting Chair has…

In crypto news, markets are singing over the fact that former Binance chief Changpeng Zhao (CZ) received a crypto pardon, a decision following Arthur Hayes’ earlier reprieve, all while the Bitcoin price surges past $111,500 today. The timing brought questions as to whether Trump’s recent moves are part of a larger effort to lift the crypto sentiment ahead of key economic data. Following the news, Bitcoin price bumped by more than 1% in the past 24 hours, pushing the total crypto market cap to roughly $3.85 trillion today. Apart from the pardon, analysts think that the rebound may be linked…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3686.33, up 2.1% (+75.87) since 4 p.m. ET on Thursday.Nineteen of 20 assets are trading higher.Leaders: BCH (+4.0%) and HBAR (+3.5%).Laggards: APT (-0.8%) and BTC (+1.0%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.