TRUMP PARDONS CZ, BTC BACK OVER $110K, A16Z’s STATE OF CRYPTO 2025
Crypto majors are inexperienced and rebounding. BTC is up 1% at $110,800, ETH is up 2% at $3,940, BNB is up 2% at $1,120, and SOL is up 1% at $191. MYX (+14%), VIRTUAL (+13%), ZEC (+11%), and WLFI (+11%) led the highest movers. Shares and crypto flipped inexperienced yesterday forward of the October thirtieth assembly between Trump and Xi in South Korea. JPMorgan introduced plans to permit institutional purchasers to make use of Bitcoin and ETH as collateral for loans. Trump pardoned Binance founder Changpeng “CZ” Zhao. An alleged “Trump insider” whale closed a $200 million Bitcoin brief and booked contemporary income, bringing its lifetime whole to over $100 million on Hyperliquid. Revolut received a MiCA license in Cyprus and hinted {that a} stablecoin could possibly be subsequent. Ledger launched its new Nano Gen 5 pockets, that includes a redesign from Apple designer Susan Kare. Trezor launched the “quantum-ready” Secure 7 {hardware} pockets.