The crypto market is expecting BNB’s price to rise significantly over the next few weeks, after US president Donald Trump pardoned Binance co-founder Changpeng “CZ” Zhao.
Zhao pleaded guilty in November 2023 to one count of failing to implement an adequate Anti-Money Laundering (AML) program at Binance, violating the Bank Secrecy Act.
BNB is priced at a reasonable price.BNBThe Wall Street Journal published a report that the Wall Street Journal had reported that Trump pardoned Zhao was appointed after the company’s and Zhao’s months-long lobbying.
Trump just pardoned CZ. “Now we continue.” $BNB Crypto trader Xeer: “Szn only” said In a Thursday post.
BNB’s recent growth has led to speculation about altcoins
World Liberty Financial, the native coin of Trump’s son’s cryptocurrency company, posted an increase of 14% since the news announcement. according CoinMarketCap.
Price surges have fueled speculation that this enthusiasm may extend to the entire crypto market.
RR2Capital co-founder Richard Seiler said Post the X after an announcement. “Crypto could do with a catalyst right now…That may very well have been it.”
BNB is a company that has recently been of interest to the public Treasury
Galaxy is another crypto trading platform. said, “BNB now, altcoins next?”
Related: Despite gov’t shutdown, crypto market structure bill ‘90% there’ — Coinbase CEO
BNB has been listed by Coinbase and Robinhood this week. Publicly traded companies have also begun to accumulate BNB as part of their Treasury holdings.
Shares of the biotech company Applied DNA rose on Wednesday. Sciences jumped over 50% During the day’s trading, the company announced the purchase of 4,908 BNB Tokens worth approximately $5.3 Million.
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Source: cointelegraph.com
