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Trump Claims He 'Doesn't Know' Who CZ Is Despite Presidential Pardon
President Trump told CBS News that he doesn't know who Binance founder Changpeng 'CZ' Zhao is, despite granting him a pardon. The U.S. President also said that Zhao "was treated really badly by the Biden administration," describing the former Binance CEO as a "victim of weaponization by government." CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
"We're a Tweet Away from a 15% Dump:" CEO on Crypto's Fragility
In today's Markets Outlook, CoinDesk's Jennifer Sanasie and Andy Baehr sit down with Inversion CEO Santiago Roel Santos to discuss why despite significant institutional inflows, the crypto market remains highly volatile. Plus, he argues that the industry must pivot from speculation to utility by integrating invisible blockchain tech into unsexy, traditional businesses to achieve widespread adoption and regulatory comfort.
AAVE Drops Despite RWA DeFi Momentum
Aave's token price is tumbling, shedding over 16% this week despite its institutional real-world asset (RWA) arm, Horizon, surging past $450 million. In today's "Chart of the Day," presented by Crypto.com, CoinDesk's Jennifer Sanasie breaks down the technical breakdown and market forces driving this unexpected correction.
Sam Bankman Fried Says 'FTX Was Never Insolvent'
Sam Bankman-Fried claims FTX was never insolvent and blames bankruptcy lawyers for the company's collapse. The X post is an effort from Bankman-Fried’s broader campaign to reframe his conviction and win political sympathy. Will he be pardoned by the President? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
What You Missed at the Stellar Meridian Conference
The sold-out Stellar Meridian conference brought together developers, enterprises and global institutions to discuss the future of money. Here are three major announcements and breakthroughs you missed from the event in Rio de Janeiro. Watch sessions from Stellar Meridian: https://meridian.stellar.org/sessions Read more: https://www.coindesk.com/sponsored-content/what-you-missed-at-the-stellar-meridian-conference https://stellar.org/blog/foundation-news/the-blueprint-at-meridian-2025
Trump Lowers China Tariffs After Meeting With Xi
President Donald Trump said U.S. tariffs on China would be lowered to 47% from 57% after meeting with his Chinese counterpart Xi Jinping on Wednesday. Trump also said the rare earths issue has been settled and there would be no more roadblocks on them. How did bitcoin react to the trade deal and Fed decisions?
Why XRP's Price Slid on 658% Higher Volume
XRP just saw a sharp rejection at a critical resistance level, fueled by massive trading volume and whale selling. CoinDesk's Jennifer Sanasie breaks down the data to show why a deeper pullback could be next for the token in today's "Chart of the Day," presented by Crypto.com.
What's Driving the $300 Billion Stablecoin Explosion?
The stablecoin market just hit a massive $300 billion milestone. In today's "Chart of the Day," presented by Crypto.com, Josh de Vos explores what's behind this benchmark and unpacks CoinDesk's latest Stablecoin & CBDCs report.
'Czstatue' Token Crashes 99% After Binance Founder Disowns It
A statue of Changpeng “CZ” Zhao in Washington, D.C. became the center of a memecoin frenzy after the “czstatue” token surged 27,000% in a day before collapsing. Zhao said he doesn’t appreciate being used for profit, telling followers “don’t buy the meme.” CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
