Hey everyone, you're watching Coin Desk Daily. I'm your host, Jen Sanassi.

A statue of Binance founder, CZ in Washington, D.C., became the center of a meme coin

frenzy after the CZ statue of tokens dramatic pump and dump. The token surged 27,000% in a single day, reaching a high of 17.5 cents and

racking up $1.2 billion in trading volume before crashing back to nearly zero. Zau called the

token a quick buck scheme and said he doesn't appreciate being used for profit, telling

followers don't buy the meme. Over 1,100 holders are still left with the

nearly worthless token, leading to speculation it may have been a honeypot scam, preventing

users from selling. Zau was recently pardoned by President Trump after serving four months in prison

for violating the Bank Secrecy Act. Utility or privacy. The transparency of traditional blockchains forces a

difficult choice. Break free from this limitation with midnight. Just like the internet made information

global, stable coins are making money global and bridge, a stripe company is powering that shift.

Looking for a faster, cheaper way to move money worldwide, Owl Ting listed on the NASDAQ as Owls is building the rails for stable coin payments.

Bitcoin is trading near the $113,000 range as traders waited for the FOMC to conclude its

meeting today with Chair Jerome Powell's press conference this afternoon.

According to the CME Fed Watch tool traders are anticipating a 99.9% chance that the central bank will cut its benchmark rate by 25 basis points.

Another key macro catalyst is a potential trade deal between the U.S. and China. China's president Xi Jinping will meet U.S. President Donald Trump as a deal nears a conclusion.

An agreement is likely to boost U.S. equities and Bitcoin,

as the largest crypto by market cap, is positively correlated with the U.S. stock market.

And Heather Morgan, also known as Rosal Khan, was released early from prison. Upon her release,

the rapper who was sentenced in the BitFinex hacking case posted on social media,

thanking President Trump for shortening

her 18-month sentence. However, a White House official told CoinDusk that President Trump was not

...