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Polymarket bettors have now tipped a 12% chance that former FTX CEO Sam Bankman-Fried will be pardoned this year, after Binance CEO Changpeng “CZ” Zhao was let off the hook this week. Polymarket odds for “Who will Trump pardon in 2025” saw SBF’s odds rise from 5.6% to 12% in 12 hours, with more than $6.5 million worth of bets placed in that market, including $302,090 for the convicted crypto fraudster.Another market on whether SBF will be “Released from custody in 2025” rose from 4.3% to 19.1% before falling back to 15.5%. While SBF has filed an appeal to reduce his…

In brief Predictors on Myriad are leaning bullish while crypto majors range. Odds have swung back in favor of Bitcoin reaching $120K before $100K, and ETH hitting $4,500 before $3,100. With just two teams left, odds for the Los Angeles Dodgers to win the World Series have hit 70%. Crypto traders are undecided about which way the market is headed, as the top assets continue to range following recent, record-breaking liquidations. But some of the top markets on Myriad—which seek predictions about the next stops for Bitcoin and Ethereum—are swinging back into bullish territory, suggesting predictors are less uneasy than they…

US President Donald Trump’s pardon of Binance founder Changpeng Zhao marks the second major act of clemency toward a prominent crypto figure since he took office. And it has been less than a year.This latest development has sparked speculation over whether Sam Bankman-Fried could be next.Applause, Alarm, and a Surge in SpeculationThe news of Trump’s pardoning of Changpeng Zhao (CZ) today has caused various reactions, ranging from applause to alarm. While some crypto community members welcomed the news, critics raised red flags about potential conflicts of interest.Sponsored SponsoredWhat’s clear is that Trump’s latest pardon has sparked speculation about who might…

In brief A statue of a shark named “Bitcoinius Maximus” was unveiled last week. The art appeared at Bitcoin Alpha in Santa Monica. Bitcoin’s spirit has been portrayed through various animals. New York’s Charging Bull has boasted sharp horns near Wall Street for decades, but across the country, Bitcoin got its own mascot baring hundreds of razor-sharp teeth last week.At the Bitcoin Alpha “unconference” in Santa Monica, California, entrepreneurs unveiled an art piece recognizing Bitcoin’s spirit with a great white shark suspended in a glass box. The sculpture glowed under orange lights throughout the two-day gathering, serving as backdrop for dozens…

Bitcoin is trading around $109,000, holding in what analysts at QCP Capital call a “narrow-range equilibrium” ahead of Friday’s U.S. Consumer Price Index (CPI) release — one of the few data points unaffected by the ongoing U.S. government shutdown. QCP described the CPI as a “singular anchor” for policy expectations, with a soft 0.2% increase potentially boosting risk assets and improving liquidity sentiment. Until then, markets remain frozen in place, caught between cautious optimism and profit-taking. Bitcoin has drifted lower since hitting a record high above $126,000 on Oct. 6, shedding momentum as traders digest mixed macro signals.  “The bull…

Coinbase, a leading US-based crypto exchange, has extended trading support for two new altcoins: aPriori (APR) and Meteora (MET).The listing highlights Coinbase’s ongoing efforts to expand its range of crypto assets in an increasingly competitive market. However, the move comes as MET faces heightened scrutiny following its recent airdrop and an ongoing lawsuit involving the project’s founder.Sponsored SponsoredNew Listings: Coinbase Launches APR and MET TradingAccording to Coinbase Markets, trading for APR and MET officially began on October 23. Both tokens are now live on Coinbase.com, the Coinbase mobile app, and Coinbase Advanced. Meanwhile, institutional investors can access them directly through…

XRP trades higher in controlled range-bound action as institutional participation supports accumulation above the $2.38 zone, even as derivatives data point to declining speculative interest.News BackgroundXRP advanced modestly during Tuesday’s session, trading between $2.38 and $2.41 while maintaining a narrow $0.05 band. The cryptocurrency continued consolidating above key support despite broader uncertainty, with multiple intraday rejections near $2.43 resistance highlighting capped momentum.Trading volumes reached 79.86 million — roughly 94% above the 24-hour average — during a midday support retest, confirming institutional presence. That spike coincided with a rebound from the $2.38 base, suggesting accumulation behavior from larger holders as retail…

Ledger, the most popular cryptocurrency hardware wallet company and one of the oldest in the industry, just announced its latest, most advanced security device, the Ledger Nano™ Gen5. Taking the capabilities of previous Ledger devices to the next level, the Gen5 also reaches a surprisingly low price compared to its predecessors.  Ledger has sold over “8 million devices in 165 countries, across over 10 languages, more than 100 financial institutions and commercial brands,” according to a press release shared with Bitcoin Magazine. The company claims “over 20% of the world’s crypto assets are secured by Ledger. “ Check out the…

In brief Beyond Meat stock has dropped sharply from its Wednesday high, which came after it surged by 1,435% over six days. A prominent BYND trader believes this is just a healthy retrace after “mass hysteria” pumped the BYND stock. However, some analysts believe the hype will fade and the stock will return to its previous price. Emerging meme stock Beyond Meat has dropped from its Wednesday high in its first test after skyrocketing more than 1,000%. Investors are attempting to turn the stock into a buzzy trend akin to 2021’s GameStop mania, but for some, its daily decline has…

In brief Canada’s FINTRAC imposed a record C$176.9 million penalty on Cryptomus. Investigators found 2,593 AML breaches, including 7,557 unreported Iran-linked transfers. The firm operated without Canadian staff, with communications traced to Uzbekistan and Spain. Canada’s financial intelligence agency has imposed a record $126 million (Canadian $176.9 million) fine on cryptocurrency platform Cryptomus for several anti-money laundering breaches, citing failures to report thousands of suspicious transactions linked to child exploitation, ransomware, and sanctions evasion.The Vancouver-based firm, registered federally as Xeltox Enterprises Ltd. and operating as Cryptomus, failed to file more than a thousand suspicious transaction reports and over 1,500 large-value…