[LIVE] Crypto News Today, October 24 – BNB Rallies After CZ Pardon, BTC Price Reclaims $110K and Everyone Is Waiting for CPI Data: Is Uptober Finally Here?! Best Crypto to Buy

BNB's price is on the rise, recently reclaiming the $1,100 support level, thanks to positive market sentiment and the recent pardon of Binance founder Changpeng Zhao. Currently trading at around $1,125, BNB has seen a 2.54% increase in the last 24 hours and a notable 7.79% rise overall. This momentum is significant as it reflects a broader recovery in the cryptocurrency market, which could signal a potential uptrend for BNB and investor confidence.

Bitcoin has shown resilience by bouncing off the $107,000 support level, but analysts predict that it will encounter strong resistance between $112,000 and $116,000. This situation raises questions about whether any altcoins might take the lead in the market. Understanding these price movements is crucial for investors as they navigate the volatile cryptocurrency landscape.

The price of Pi Network has dropped significantly, reaching a record low of $0.2052, which is over 90% lower than its peak earlier this year. This decline comes despite recent developments in the ecosystem and KYC initiatives, raising concerns among investors about the future of the token. Understanding these fluctuations is crucial for anyone involved in cryptocurrency, as they can indicate broader market trends and investor sentiment.

Donald Trump's recent pardon of former Binance chief CZ has sparked significant backlash, with many critics labeling the move as 'disgusting.' This controversy raises important questions about the intersection of politics and the cryptocurrency industry, especially as it comes amid ongoing discussions about regulatory frameworks and ethical standards in crypto dealings. The implications of such pardons could influence public trust in both political figures and the evolving crypto landscape.

Bitcoin is currently hovering just above the $110,000 mark, but recent fluctuations have created a sense of uncertainty among investors. This has led to a significant movement of assets, particularly among Bitcoin whales, who are transferring their holdings to exchanges like Binance. This trend is noteworthy as it reflects the shifting dynamics in the cryptocurrency market, highlighting how major players react to volatility and potentially influencing future price movements.

Donald Trump's recent pardon of Binance founder CZ has sparked renewed optimism in the cryptocurrency market, leading to an 8% increase in BNB's value within just 24 hours. This positive momentum is further supported by Grok AI's prediction that BNB could soar to between $900 and $1,000 by mid-2025, provided there is continued policy clarity and Binance retains its market share. This news is significant as it not only boosts investor confidence in BNB but also signals a potential rally across other altcoins, making it an exciting time for crypto enthusiasts.

Bitcoin has surged past $111,000 following the latest Consumer Price Index (CPI) data, which indicates a cooling inflation trend. This is significant as it reflects growing investor confidence in cryptocurrencies amid a stabilizing economy. The positive CPI results suggest that inflationary pressures may be easing, potentially leading to a more favorable environment for digital assets like Bitcoin. As more investors look to capitalize on this momentum, the cryptocurrency market could see further growth.

Tesla has reported an impressive $80 million profit from its bitcoin holdings in the third quarter of 2025. This significant gain not only boosts the value of Tesla's cryptocurrency assets but also highlights the company's strategic investment in digital currencies. Despite the profit, Tesla's cash position remains unchanged as they have not sold any of their bitcoin. Holding onto 11,509 BTC, Tesla's move reflects confidence in the future of cryptocurrency, making it a noteworthy development in the tech and finance sectors.

Ripple is strategically positioning itself to dominate the Asian payments market by leveraging the XRP Ledger. A recent post by Stellar Rippler highlights how the company is preparing for an anticipated surge in financial activity in the region. This move is significant as it could reshape the landscape of digital payments in Asia, making transactions faster and more efficient, which is crucial for businesses and consumers alike.

The price of HBAR is currently facing challenges, struggling to maintain above the $0.20 mark after a significant rejection. With trading volume declining, analysts are concerned about the potential for further drops, possibly testing the $0.12 support level. This situation is crucial for investors as it indicates ongoing weakness in the market, which could affect future trading strategies and investor confidence.

BNB's price is on the rise, recently reclaiming the $1,100 support level, thanks to positive market sentiment and the recent pardon of Binance founder Changpeng Zhao. Currently trading at around $1,125, BNB has seen a 2.54% increase in the last 24 hours and a notable 7.79% rise overall. This momentum is significant as it reflects a broader recovery in the cryptocurrency market, which could signal a potential uptrend for BNB and investor confidence.

Bitcoin has shown resilience by bouncing off the $107,000 support level, but analysts predict that it will encounter strong resistance between $112,000 and $116,000. This situation raises questions about whether any altcoins might take the lead in the market. Understanding these price movements is crucial for investors as they navigate the volatile cryptocurrency landscape.

Stablecoin adoption is on the rise in Brazil as individuals and businesses look to take advantage of a favorable tax environment. This trend is significant as it highlights the growing acceptance of digital currencies in mainstream finance, providing users with more options for transactions and savings. As Brazil navigates its regulatory landscape, the increased use of stablecoins could lead to greater financial inclusion and innovation in the country's economy.

Dogecoin's annual inflation rate of 3.49% is often misunderstood as a flaw, but analysts clarify that it's a deliberate feature designed to ensure the cryptocurrency's long-term stability. This intentional inflation helps maintain a steady supply, which is crucial for the network's sustainability. Understanding this aspect of Dogecoin can shift perceptions and highlight its potential as more than just a meme coin.