Bitcoin Today News: Trump Pardons CZ, EU Sanctions Russian Encryption Exchange; BTC Consolidation Preparing to Take Off

After a week dominated by policy and regulatory headlines, global crypto market sentiment is stabilizing. The news of U.S. President Donald Trump's pardon of mainstream CEX founder CZ is seen as an important signal of the U.S. softening its stance on crypto assets. Meanwhile, the European Union has launched its 19th round of sanctions, directly banning Russian crypto exchanges and ruble-backed stablecoin A7A5 for the first time. Driven by multiple geopolitical and regulatory events, Bitcoin's price is consolidating around $109,000, with the market waiting for a breakthrough at the key level of $115,000.

Trump Pardons CZ: US Crypto Policy May Face Significant Turnaround

US President Trump granted a pardon to mainstream CEX founder CZ after 11 months of legal and political struggles, an act described by Trump as ending the Biden administration's 'war on Crypto Assets.'

· Background and Purpose of the Pardon: CZ was previously sentenced to four months in prison for a mainstream exchange's acknowledgment of violating U.S. anti-money laundering laws, and has now been released. The White House stated that this pardon aims to “restore fairness in crypto policy” and address politically motivated prosecutions. The market generally believes that this move is a result of the mainstream exchange providing technical and lobbying support for Trump's crypto venture World Liberty Financial.

· Market Sentiment Boosted: This announcement immediately boosted market sentiment, with Bitcoin rising by 2.5%. Investors interpreted it as a signal that Trump would relax regulations on Crypto Assets in his anticipated policy reforms, also providing the possibility for the mainstream CEX to return to the US market.

EU Tightens Sanctions: First Ban on Russian Crypto Exchanges and Ruble Stablecoin

As part of the 19th round of sanctions against Russia, the EU has taken direct measures in the field of encryption for the first time, banning Russian crypto exchanges and restricting the distribution of crypto payment software within the EU, while specifically banning the ruble-backed stablecoin A7A5.

· Specific targets of sanctions: EU officials claim that A7A5 stablecoin is used to fund Russia's war efforts and evade sanctions. Additionally, the EU has placed banks and oil traders from the UAE, Hong Kong, Kyrgyzstan, and Tajikistan on its watchlist to combat actions that assist in evading sanctions.

· Strengthening the Neutral Narrative of Bitcoin: This global regulatory tightening has prompted investors to shift their funds towards decentralized, non-state assets, triggering a new wave of attention to the neutrality of Bitcoin, which in turn pushed Bitcoin up by 0.8%.

Hardware Wallet Upgrade: Trezor and Ledger Launch Next-Generation Security Solutions

To meet the growing demand for secure storage and long-term self-custody among users, the two major hardware wallet manufacturers Trezor and Ledger have both released new models for 2025, focusing on enhanced security and improved user experience.

· Ledger Nano Gen5: Priced at 179 USD, equipped with a larger screen and Bluetooth support, and introduces a new Ledger Multisig security protocol designed by senior professionals from Apple, aimed at improving transaction verification and overall user experience.

· Trezor Safe 7: Priced at 249 euros, this is the company's first quantum-ready wallet, equipped with dual security chips, wireless charging, and future-proof encryption technology to withstand security threats posed by quantum computing. Both companies have committed to continuing to support older models through firmware updates. The launch of the new product has boosted market confidence in secure storage solutions, leading to a 1.2% increase in Bitcoin.

Bitcoin Technical Analysis: Symmetrical Triangle Consolidation, Is a Breakthrough of $115,000 Imminent?

Bitcoin (BTC/USD) is currently trading around 109,576 USD, with the price forming a symmetrical triangle on the 4-hour chart. Both bulls and bears are in a tug-of-war, which usually indicates that a breakout is imminent after a period of volatility compression.

(Source: TradingView)

Consolidation Structure and Support Resistance: The chart shows that Bitcoin has formed a series of higher lows around $107,350, suggesting stable accumulation at the support level. However, repeated resistance near $111,750 indicates that selling pressure still exists. The 20-EMA and 50-EMA remain flat, reinforcing the current neutral stance. The RSI is at the balance point of 51, leaving room for the price to move in either direction.

Trading Strategies and Key Price Levels:

· Bullish Scenario: If Bitcoin breaks through 111,750 USD, traders can expect the price to reach 115,900 USD, with the possibility of extending to 120,000 USD, confirming new bullish momentum.

· Bearish Scenario: If the price closes below $107,350, the technical setup fails, potentially exposing deeper support at $104,500 and $101,100.

Operating Recommendations:

· Buy Zone: Confirm breakout at 111,800 USD.

· Target price: 115,900 USD and 120,000 USD.

· Stop loss price: below 109,000 USD.

For new traders, it is advisable to wait for a clear breakout candlestick chart confirmed by trading volume—preferably a bullish engulfing pattern that breaks through resistance, or a bearish breakout with long wicks, to avoid risks.

Conclusion

Trump's pardon of CZ and the EU's sanctions on Russian crypto have created a complex emotional landscape in the global regulatory dynamics of “tightening and loosening”. The former symbolizes a potential shift in future U.S. policy towards being crypto-friendly, while the latter highlights the value of Bitcoin as a decentralized neutral asset. Against the backdrop of security upgrades in Trezor and Ledger hardware wallets that further enhance user confidence, Bitcoin is at the end of a symmetrical triangle consolidation, and the market is building energy to decide the direction of the next significant volatility.

Disclaimer: This article is for informational purposes only and does not constitute any investment advice. The encryption market is highly volatile, and investors should make cautious decisions.