Former U.S. President *Donald Trump* has officially *pardoned Binance founder Changpeng Zhao (CZ)*, according to a report by the Wall Street Journal citing sources familiar with the matter.
The decision comes after *months of CZ’s support efforts* for a crypto company tied to the Trump family. Trump reportedly expressed sympathy for claims that CZ was politically targeted by the Biden administration’s war on crypto.
*White House press secretary Karoline Leavitt* confirmed the pardon, stating: > "President Trump exercised his constitutional authority to pardon Mr. Zhao, who was targeted under the Biden administration’s anti-crypto crackdown."
Leavitt also declared: > "The Biden administration’s war on crypto is over."
CZ, a Canadian entrepreneur born in China, had pleaded guilty to money laundering charges in 2023, stepped down as CEO, and served a 4-month sentence ending in September 2024.
Former U.S. President *Donald Trump* has stated that he would *strike a new trade deal with China*, signaling a potential end to ongoing tariff tensions.
🟢 *What does this mean for the markets?* If such a trade deal is made, it would likely include the *removal of tariffs*, which could significantly *boost global economic sentiment*.
📈 *Why is this GIGA BULLISH for Bitcoin and crypto?* - A de-escalation in U.S.-China trade tensions could lead to *increased liquidity* and *investor confidence*. - *Global markets tend to rally* when geopolitical risks decrease. - *Crypto, particularly Bitcoin ($BTC )*, often reacts positively to macroeconomic optimism.
🌍 A more stable global trade environment = *more capital flow* into risk-on assets like crypto.
Let’s talk a bit about the $SHARDS token. After reviewing it in detail, I’ve noticed that $SHARDS currently has a very low market cap (~1.3M). This positions it as a potential candidate for growth, especially under the *Alpha* category.
The circulating supply is around 400 million $SHARDS. Based on its current price and market cap, it seems well-positioned for upward movement. The token was created on September 4th, indicating that it’s a fairly recent project — a factor that can positively influence its short-term momentum.
Looking at the chart, SHARDS has broken out of a sideways movement and made a bullish move upward. This kind of price action is often a key indicator of a potential breakout.
I personally invested a small portion of my capital into $SHARDS, based on my own risk tolerance. Considering all these factors, I believe it has the potential to do a *10x* in the future..
**This is not financial advice. Always do your own research before investing.**
Kadena has officially announced that it is *ceasing all business activity and active maintenance* of the Kadena blockchain effective immediately.
Due to unfavorable market conditions, the team can no longer support or promote the project. A small group will remain temporarily to manage the transition and wind-down process.
However, the *Kadena blockchain will continue to operate*, as it is a decentralized, proof-of-work network maintained by independent miners. The KDA token and smart contracts will also remain active, with:
- ⛏ Over 566M KDA to be distributed as mining rewards until 2139 - 🔐 83.7M KDA unlocking gradually until November 2029
The team will release a new binary soon to ensure uninterrupted network operation and is encouraging all node operators to upgrade.
This marks a major shift, as Kadena moves toward full community governance and maintenance.
Solana's Price Movement Hints at a Major Breakout—Can SOL Skyrocket?
Solana (SOL) has seen a significant price correction over the past two months, driven by growing concerns about its ecosystem. After hitting a yearly high of $295.52, SOL retraced to $112, wiping out approximately $71 billion in market capitalization.
One of the key factors behind this decline is the increasing association of the Solana network with meme coins. According to CoinGecko, the market value of all Solana-based meme coins has dropped from over $25 billion at the beginning of the year to just $7.7 billion. The rise in rug-pull scams involving these assets has further fueled investor skepticism.
From a technical standpoint, Solana's price chart is now forming a rare pattern that could indicate a significant upward movement. Analysts suggest that if this pattern plays out, SOL might experience a potential surge of up to 270%, pushing its price toward the $400 mark. However, given the high volatility of the crypto market, investors should conduct thorough research and manage risks accordingly.
TRUMP is currently trading at 11.959, showing strong bullish momentum. However, for the price to continue its upward movement, key resistance levels must be broken.
Entry Point: - Buying opportunity between 11.800 - 12.000.
Stop Loss: - If the price closes below 10.900, a stop-loss should be applied.
If the price continues its bullish trend and breaks above 13.000, it could gain strong momentum. However, breaking below support levels could lead to further downside risk.