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Stock impact report

XRP Leads Gains on Ripple Moves, Bitcoin Holds $111K as ‘Uptober' Dud Heads for Last Week [Yahoo! Finance]

CEA Industries Inc. (BNC) 
Company Research Source: Yahoo! Finance
Ether (ETH) rose 3.5% to $3,970, BNB and Solana (SOL) rose more than 3% while XRP jumped 4.5% to lead gains among majors. Cardano's ADA was unchanged while Tron's TRX fell 5%, leading losses among majors. Traders seem willing to pick at strength again, particularly in tokens with clearer catalysts a week after a $19 billion liquidation event wiped off risk-taking behaviour among market participants.BNB's 5 rally this week followed renewed optimism around Binance's prospects after founder Changpeng Zhao received a pardon from U.S. president Donald Trump, with some traders reading it as the end of an overhang that's weighed on the token since late 2023. “This is a massive moment for the industry,” said David Namdar, CEO of CEA Industries, which holds one of the largest BNB treasuries. “We believe CZ's pardon is more than an inflection point for him personally, but also for BNB and potentially for Binance, paving the way for greater access to the U.S. market.” Solana, meanwhile, c Show less Read more
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