🔥 Major Crypto Headlines
1. Trump Pardons Binance Founder Changpeng Zhao (CZ)
President Donald Trump has granted a full pardon to Changpeng Zhao, the founder of Binance, who had been convicted on charges related to cryptocurrency fraud. This move has sparked significant reactions within the crypto community, with many speculating about CZ's potential return to the industry.
2. Bitcoin Price Surpasses $111,000
Bitcoin's price has risen above $111,000, marking a significant increase. This surge is attributed to various factors, including institutional investments and positive market sentiment.
3. Ethereum Foundation Transfers $654 Million in ETH
The Ethereum Foundation has moved 160,000 ETH, valued at approximately $654 million, to a wallet previously used for selling Ethereum. This transfer has raised questions about the Foundation's intentions and its potential impact on ETH's price.
4. Cathie Wood's Solmate Stock Soars 50%
Solmate, a Solana-focused treasury firm backed by Cathie Wood's ARK Invest, has seen its stock price increase by 50% following the announcement of plans for a validator center and an aggressive M&A strategy. This move has attracted significant attention from investors.
5. Ethereum Price Nears $4,000
Ethereum's price has approached the $4,000 mark, driven by increased trading activity and reduced liquidations. The total market capitalization has risen to $3.83 trillion, indicating a strong bullish trend in the crypto market.
