Trump Denies Personal Ties to Binance’s CZ Despite Controversial Pardon, Defends Pro-Crypto Position
Former President Donald Trump has publicly denied any personal acquaintance with Binance co-founder Changpeng Zhao (CZ) during a recent CBS 60 Minutes interview, despite having granted him clemency in October. Trump framed the pardon as an act of resistance against what he described as a "Biden witch hunt" targeting the cryptocurrency industry. This move has come under scrutiny following reports of a $2 billion Binance stablecoin deal connected to Trump-affiliated ventures. Trump emphasized his sons' involvement in cryptocurrency operations, reinforcing his pro-crypto stance. The situation highlights the ongoing tension between regulatory actions and the crypto industry's growth, with Binance at the center of political and financial discussions.
Trump Denies Knowing Binance's CZ Despite Pardon, Defends Crypto Stance
Former President Donald TRUMP claimed no personal acquaintance with Binance co-founder Changpeng Zhao during a CBS 60 Minutes interview, despite granting him clemency in October. The pardon, which Trump framed as resistance against what he called a "Biden witch hunt" on crypto, has drawn scrutiny amid reports of a $2 billion Binance stablecoin deal linked to Trump-affiliated ventures.
Trump emphasized his sons' operational independence in cryptocurrency ventures, distancing their activities from his political agenda. His comments reinforced a pro-crypto narrative aimed at maintaining U.S. dominance over China in digital asset innovation. Market observers note the juxtaposition of political rhetoric and Binance's regulatory challenges—the exchange remains a pivotal liquidity hub despite ongoing legal pressures.
BlockchainFX Presale Draws Comparisons to Early Binance Coin (BNB) Opportunity
Investors are flocking to BlockchainFX (BFX), a next-generation multi-asset trading platform, as its presale nears its $11 million soft cap. The project has raised over $10.63 million from 16,300 participants at $0.029 per token, with a planned launch price of $0.05. Analysts suggest $1 post-launch potential based on platform utility.
The enthusiasm mirrors Binance Coin's 2017 trajectory when BNB traded for cents before reaching hundreds of dollars. BlockchainFX aims to unify crypto, stocks, and forex trading under one ecosystem, creating what supporters believe could be the next major exchange token opportunity.
Presale momentum indicates growing institutional interest in multi-chain trading solutions. The project's rapid fundraising suggests traders are seeking alternatives to established exchange tokens before broader market recognition.
BullZilla Emerges as Top Crypto Contender Amid BNB Rally and WLFI Volatility
Binance Coin (BNB) shows bullish momentum as analysts project a breakout toward $1,200, fueled by growing demand and positive market sentiment. Meanwhile, World Liberty Financial (WLFI) experiences an 8.61% dip, drawing attention with its innovative features despite short-term volatility.
BullZilla captures investor interest with aggressive tokenomics and presale opportunities, positioning itself as a high-potential project alongside established players like ethereum and Solana. Its staking incentives and community growth mirror patterns seen in early-stage successes of now-dominant cryptocurrencies.
The market exhibits classic bull run behavior, where traders amplify minor gains while strategically positioning in projects with strong fundamentals. This dynamic creates asymmetric opportunities for early adopters before mainstream capital enters.
Dash Price Surges 66% Amid Market Frenzy, Eyes $160
Dash has delivered its most explosive rally in years, soaring 66.6% in 24 hours and outpacing the broader cryptocurrency market. The privacy-focused coin's market capitalization surged 64% to $1.8 billion, while trading volume jumped 40%. Weekly gains stand at a staggering 194%.
Three catalysts fueled the rally: sector-wide momentum in privacy coins, bullish ecosystem developments, and a technical breakout ending a 968-day downtrend. A $13 million short squeeze intensified the move, with bears absorbing heavy liquidations as price breached $140. Binance emerged as the primary battleground, recording $1.10 billion in volume during the frenzy.
Current price action shows Dash trading at $144.22, up 63.83% on the day. Market data reveals $7.26 million in total liquidations, with short positions accounting for $6.03 million of the damage. The most concentrated pain occurred over 12 hours, where $4.48 million in short positions were wiped out.
