4️⃣ The pardon reinforces the “crypto-friendly administration” narrative — a catalyst for renewed investor confidence and capital inflows into the broader digital-asset market.
On October 23, U.S. President Donald Trump issued a full pardon to Changpeng ‘CZ’ Zhao, founder of Binance, the world’s largest cryptocurrency exchange.
It’s another pro-crypto decision from an administration set on positioning the US at the forefront of the global crypto economy.
For context, CZ had pleaded guilty in late 2023 to failing to maintain an adequate anti-money-laundering program at Binance and served a four-month federal prison sentence.
Binance also settled major regulatory action by paying approximately $4.3B in penalties.
WIth CZ and top crypto exchange Binance now back on good terms with the US legal system, which cryptocurrencies are poised to benefit? We explain below the potential of $HYPER, $MAXI, and of course $BNB.
With the recent pardon, Binance might resume greater operations in the U.S. That’s because the platform was required to exit the US market as part of CZ’s original settlement agreement with the US Department of Justice – along with his resignation as Binance CEO.
But with the pardon, it’s a new day for both Binance and CZ. Over on Polymarket, traders have already opened a line on if and when CZ will return to Binance.
Following the news, Bitcoin and Ethereum registered modest gains, both up roughly 1.5% in the past 24 hours. BNB showed stronger momentum, up nearly 5% soon after the announcement.
The best cryptos to buy now stand to benefit from the continued positive crypto outlook, so don’t miss the chance to take a closer look at these projects.
Bitcoin Hyper ($HYPER) positions itself as a Layer-2 (L2) solution built to extend and enhance Bitcoin’s utility.
By offering complex smart-contract capability, faster transaction throughput and reduced fees, Hyper expands what Bitcoin can do. It’s all possible thanks to a Solana Virtual Machine integration, which turns the L2 into a Web3 compatible side chain for $BTC holders.
It’s a natural upgrade to the original Bitcoin L1, enabling cross-chain interaction by using a Bitcoin Canonical Bridge to mint wrapped $BTC on the Hyper chain.
Bitcoin’s base layer is reliable but slow; Bitcoin Hyper delivers the next generation Bitcoin experience.
Investors have jumped on the chance to be part of Bitcoin’s future, pouring nearly $25M into the project so far. To join them, learn how to buy Bitcoin Hyper. Tokens are currently available for $0.013165.
Check $HYPER’s presale for the latest details.
Did you know the dog-themed meme coin market cap is nearly $40B? Maxi Doge knows – and it intends to add to that total with the biggest doge-coin of them all.
Maxi Doge ($MAXI) is all about getting pumped, both in the gym and even more importantly on the charts.
The $MAXI token builds around a strong branding narrative of gym-bro and high-leverage trading culture, aiming to ride the next wave of meme-token enthusiasm.
This is as pure a meme coin as they come.
The presale has already raised $3.7M+, and community momentum is hot as $MAXI’s next-gen meme coin is out to surpass Dogecoin’s pump on the chart.
The tokenomics assign a full 40% to project exposure, with an additional 25% Maxi Fund reserved for only the biggest and best marketing opportunities.
Visit the Maxi Doge presale today.
BNB ($BNB) is the native utility and governance token of the BNB Chain ecosystem, and a utility token giving holder incentives on the Binance exchange.
Over time, $BNB has grown beyond Binance itself to be the 4th-largest crypto by market cap, behind only Bitcoin, Ethereum, and Tether’s USDT.
The token sees consistent trading volume in the billions, and mostly green charts across the board.
BNB Chain (BSC), the project’s proprietary blockchain, is designed as a high-performance, EVM-compatible network supporting DeFi, NFTs, GameFi, Web3 dApps and real-world assets. Here, the BNB token serves multiple roles:
$BNB has become one of the more core infrastructure tokens in crypto alongside Binance’s position atop the crypto exchange rankings, reaching a new ATH of $1,370 less than two weeks ago, on October 13.
Get $BNB on Binance for added trading perks.
As always, do your own research. This isn’t financial advice and crypto remains a high-risk market.
