The possibility of a pardon for the former CEO of FTX is increasing.

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Changpeng Zhao's Pardon Inspires Hope

Sam Bankman-Fried, the former CEO of FTX, sees a possibility of presidential pardon after Changpeng Zhao, the founder of Binance, was pardoned by Donald Trump.

Market Movements

Bitcoin has risen by 2.7% to approximately $110,700. Ethereum is trading around $3,850. These movements occur with expectations of a significant breakthrough.

Gold Prices Are Rising

Gold prices have increased by nearly 50% this year. This rise is supported by geopolitical tensions and demand from central banks. It is anticipated that the price of gold could reach $4,400 by 2026.

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Sam Bankman-Fried, Changpeng Zhao, Bitcoin, Ethereum, gold prices