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Author: CryptoPress

Democratic Pushback Intensifies Against Trump’s Pardon of Binance Founder CZ

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Symbolic Resolution: Senators Elizabeth Warren and Adam Schiff plan to introduce a Senate measure denouncing Trump’s pardon of Binance founder Changpeng “CZ” Zhao over national security and conflict concerns.Trading Ban Proposal: Rep. Ro Khanna seeks to prohibit elected officials, including the president and family, from crypto and stock trading, citing the pardon as evidence of corruption.Market Reaction: Trump-linked...

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Crypto Weekly Roundup – Navigating Tariffs, Liquidations, and Rebound Signals

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The cryptocurrency market entered a brutal reset this week, capping a volatile October with a flash crash that exposed deep leverage vulnerabilities while underscoring resilient institutional demand. Bitcoin’s plunge from a record $126,223 on Oct 6 to below $110,000 by Oct 12 marked the sector’s sharpest correction since early 2024, driven by macroeconomic tremors rather than internal crypto catalysts. Yet, as prices clawed back...

Bitcoin, Crypto market, Cryptocurrencies

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Weekly Crypto Roundup – Turbulence, Tariffs, Liquidations, and the Road to Recovery

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The cryptocurrency market kicked off October 2025 on a euphoric high, with Bitcoin shattering records above $126,000, fueled by the “debasement trade” as investors fled fiat amid ballooning global debts and political instability. Gold mirrored the surge past $4,000, underscoring a broader shift toward hard assets. Yet, this bull run abruptly halted on October 10 when President Trump’s announcement of 100% tariffs on China...

Bitcoin, Crypto market, Cryptocurrencies, News

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Bitcoin Surges Past $116K on Sticky Inflation and Weakening Jobs Data

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Bitcoin (BTC) pushed past $116,000 on Friday, marking a roughly 4% gain over the past week amid mixed U.S. economic signals. The cryptocurrency approached a key CME futures gap near $117,300, with spot prices hitting $116,800 on exchanges like Bitstamp. Headline consumer price index (CPI) data released Thursday showed a 0.4% month-over-month increase, surpassing the 0.3% forecast and underscoring persistent inflationary pressures....

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Worldcoin

Worldcoin

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What Is Worldcoin? In a world increasingly dominated by artificial intelligence (AI), the line between human and bot is blurring. This digital identity crisis poses significant threats to online systems, from social media to financial networks. Worldcoin, a project co-founded by OpenAI CEO Sam Altman, aims to solve this problem by creating a decentralized, privacy-preserving digital identity system and a global financial network. This...

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