Bitcoin News Update: Trump's CZ Clemency Fuels WLFI Rally, Warren Raises Concerns Over Political Misconduct
- Trump's pardon of Binance's Zhao sparks 15% WLFI token surge, breaking months-long consolidation amid heightened trading volume. - WLFI's $3.5B market cap outperforms Bitcoin/Ethereum by 8x, fueled by Trump's crypto agenda and Binance's prior USD1 stablecoin partnership. - Senator Warren condemns pardon as "corruption," citing Zhao's financial ties to Trump's stablecoin venture and potential conflicts of interest. - Zhao denies allegations, framing pardon as Biden administration "war on crypto," while Bi
World Liberty Financial's (WLFI) native token jumped more than 15% within a single day after U.S. President Donald Trump issued a controversial pardon for Changpeng Zhao, the former CEO of Binance. This move has ignited discussions around the influence of politics and regulatory approaches in the cryptocurrency sector, as reported by
The pardon, made public on October 23, 2025, was described by
Market experts observed that WLFI’s price increase outperformed leading cryptocurrencies such as
The political fallout from the pardon has sparked strong backlash. Senator Elizabeth Warren denounced the action as “corruption,” pointing to Zhao’s previous financial involvement with Trump’s stablecoin initiative. “If Congress does not stop this kind of corruption, it owns it,” Warren posted on social media, raising alarms about possible conflicts of interest. Detractors claim that Binance’s use of World Liberty Financial’s USD1 stablecoin in a 2024 agreement with Abu Dhabi-based MGX established a “transactional relationship” that may have swayed Trump’s decision.
Zhao, meanwhile, rejected Warren’s accusations, asserting that she had “misrepresented” his legal situation and accused her of using a “war on crypto” narrative to rationalize the pardon. Binance, which added WLFI to its listings in September, has since distanced itself from the token, though public support from its leadership for Zhao’s return has fueled optimism about the future of U.S. crypto policy should Trump return to office.
WLFI’s rally highlights the growing impact of political events on cryptocurrency markets. As Trump’s pro-crypto stance gains momentum, tokens linked to his associates or projects are attracting renewed investor attention. Nonetheless, the pardon has also increased scrutiny of the relationship between political power and digital asset ventures, with lawmakers and regulators expected to face mounting calls to address potential conflicts of interest.
---
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Rise of CFTC-Regulated Clean Energy Trading Platforms and Their Influence on the Liquidity of Renewable Assets
- CFTC's 2025 approval of CleanTrade as a SEF marked a regulatory milestone, addressing fragmentation and boosting clean energy liquidity. - Institutional clean energy investments surged to $125T by 2032, driven by ESG mandates and platforms like CleanTrade offering real-time analytics and risk tools. - Q3 2025 saw $75B in U.S. clean energy investment, highlighting growing demand for renewables despite Q2 volatility in manufacturing sectors. - CFTC's regulatory flexibility, including no-action relief for S
Zcash Halving 2025: Impact on Cryptocurrency Market Trends
- Zcash's 2025 halving reduced block rewards to 1.5625 ZEC, triggering a 950% price surge to $589 amid ZIP 1015 scarcity mechanisms. - Institutional adoption accelerated, with Grayscale acquiring 5% supply and Cypherpunk committing $100M, mirroring Bitcoin's post-halving trends. - Speculative trading drove $1.11B in Zcash futures open interest, causing 24% 24-hour price swings as retail investors chased scarcity-driven gains. - Hybrid consensus and optional privacy features differentiate Zcash from Bitcoin
ICP Network's Rapid Expansion and Increasing Institutional Embrace: Key Strategic Considerations for Long-Term Investors in Web3 Infrastructure
- ICP's 2025 growth stems from Fission/Chain Fusion upgrades enabling Bitcoin-Ethereum interoperability and Caffeine AI's no-code dApp platform attracting 2,000+ developers. - Institutional adoption surged with $1.14B TVL, Microsoft-Google partnerships, and first ICP ETP via Copper-DFINITY collaboration expanding institutional access. - Despite $4.71 price peak in November 2025, 10%+ volatility highlights risks, though 11,500 TPS capacity and $357M daily trading volume signal infrastructure strength. - Lon
New Prospects in STEM Learning and Career Advancement: Sustained Institutional Commitment to Academic Initiatives Fueling Tomorrow’s Innovation
- Global STEM education is accelerating as AI and engineering drive economic transformation, with 2025 government initiatives expanding AI-focused programs and workforce development. - U.S. universities report 114.4% growth in AI bachelor's enrollments, supported by corporate partnerships and $25M+ in tech industry investments for AI labs and teacher training. - EdTech's AI-powered platforms, valued at $5.3B in 2025, are projected to reach $98.1B by 2034, with startups like MagicSchool AI securing $45M in
Trending news
MoreCrypto prices
More
