Search





Search





NewsStocks

Crypto Daily | BNB Rises to $1,140 As Binance Founder Zhao Wins Trump Pardon in Latest Clemency

TigerOct 24, 2025 6:08 AM

View all comments（0）



Crypto Daily is our column tracking crypto market trends, offering timely insights and valuable updates to keep you informed.

Crypto News

Bitcoin(BTC) Surpasses $111,000 with a 2.1% Increase in 24 Hours

Bitcoin has crossed the $111,000 benchmark and is now trading at $111,200, with a narrowed 2.1% increase in 24 hours.

Ethereum(ETH) Rises to $4,000 with a 3.2% Increase in 24 Hours

Ethereum has crossed the $4,000 benchmark and is now trading at $3,971, with a narrowed 3.2% increase in 24 hours.

BNB Rises to $1,140 with a 3.6% Increase in 24 Hours

BNB has crossed the $1,140 benchmark and is now trading at $1,138, with a narrowed 3.6% increase in 24 hours.

Binance Founder Zhao Wins Trump Pardon in Latest Clemency

Binance co-founder Changpeng Zhao has received a pardon from Donald Trump, one of the biggest moves yet by the president to fully embrace the crypto industry and give legal reprieves to some of its most prominent people.

The move marks the latest act of clemency the White House has granted to a crypto entrepreneur, underscoring how the Trump administration has positioned itself as a friend of the industry and how the president’s family has enriched itself from it. Binance assisted one of its family ventures with the launch of its stablecoin, which could yield tens of millions of dollars a year.

Ark Invest Expands Global Market Innovation with Quantum Solutions Investment

Ark Invest's founder and CEO, Cathie Wood, announced on the X platform that the company has invested in Japan-based Ethereum treasury firm Quantum Solutions. This move aims to further expand innovative channels in global capital markets. Additionally, Quantum Solutions CEO Francis B. Zhou revealed plans to continue increasing their Ethereum holdings after acquiring 2,365 ETH.

Dormant Bitcoin Wallet Activated After 14 Years

A Bitcoin wallet that had been inactive for over 14 years was recently activated. The wallet contains 4,000 BTC, valued at approximately $442 million. These Bitcoins were originally worth $67,724 back in 2011. The activation of such long-dormant wallets often attracts attention due to the significant increase in value over time.

Bitcoin Spot ETF Flow

The overall net inflow of the US Bitcoin spot ETF on Thursday was $20.33 million. The total net asset value of Bitcoin spot ETFs is $149.43 billion, and the ETF net asset ratio (market value compared to total Bitcoin market value) is 6.84%.

The Bitcoin spot ETF with the highest net inflow on Oct. 23 was iShares Bitcoin Trust ETF, with a net inflow of $107.78 million. Followed by Bitwise Bitcoin ETF, with a net inflow of 17.41 million, according to SoSoValue.

SoSoValue

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

US Stocks Mixed as Dow Drops 160 Points; Tech Stocks Lead, Meta Rises 4.5%

The top leaders of China and the U.S. met in the United States, alongside reports that U.S.-Iran negotiations were seeking to reopen the Strait of Hormuz. U.S. stocks recovered part of their losses, with technology stocks leading the gains. At the close, the Dow Jones Industrial Average fell 0.31% to 51,349.98; the Nasdaq Composite Index rose 0.01% to 26,939.37; and the S&P 500 Index dipped 0.02% to 7,704.13.

Meta Stock Forecast: Muse Monetization Path Is Key as JPMorgan Raises Price Target to $920; Can Stock Hit Record High?

On September 24, Eastern Time, Meta Platforms (META) reached an intraday price of $777.89, hitting a nearly one-year high. Following the Meta Connect event, JPMorgan raised its price target on the company from $820 to $920 while maintaining an Overweight rating. The core reason is that the monetization path for Muse is becoming increasingly clear, leaving the bank more optimistic about Meta's growth potential beyond advertising.

Oracle Tumbles 7% as Project Jupiter Data Center Force Majeure Notice Sparks Delay Concerns

On September 24, Oracle (ORCL) fell as much as 5% in pre-market trading and dropped over 7% after the market opened. Sparking market concerns was a force majeure notice issued by the company regarding Project Jupiter, a large-scale data center in New Mexico. Investors' focus is shifting from massive AI orders to delivery timelines and capital recovery. According to Bloomberg, Oracle has sent a formal notice to developer Stack Infrastructure, seeking to delay payments if the project fails to become operational as planned in 2028. This move does not imply exiting its position as the primary tenant, nor does it mean a payment waiver has been granted. Oracle maintained that the project is proceeding according to schedule, but did not specifically address the notice itself.

Meta Connect 2026 New Product Roundup: Muse Integrated Into AI Glasses, Can It Drive Meta Revenue Growth?

TradingKey - At the Connect 2026 conference held from September 23 to 24, Meta (META) unveiled the Ray-Ban Meta Audio, third-generation Ray-Ban Meta, and Meta VR Glasses, while upgrading the Meta Ray-Ban Display. The company also announced the integration of its personal AI agent, Muse, into its AI glasses, expanding its product scope from mobile phones and social apps to wearable devices.

The Week Ahead: US-China Summit in Washington, Costco Earnings and Fed Rate Path in Focus

TradingKey - During the week of September 21 to 25, Eastern Time, the US stock market will focus on the meeting between Chinese and US leaders, the Federal Reserve's policy outlook, and economic data such as US new home sales and durable goods orders.

Featured Tools