
{"id":87350,"date":"2025-08-11T07:27:34","date_gmt":"2025-08-11T07:27:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=87350"},"modified":"2025-08-11T07:27:34","modified_gmt":"2025-08-11T07:27:34","slug":"can-bnb-catch-up-with-ethereum-changpeng-zhao-seeks-presidential-pardon-from-trump","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=87350","title":{"rendered":"Can BNB Catch Up With Ethereum? Changpeng Zhao Seeks Presidential Pardon From Trump"},"content":{"rendered":"<p><span>BNB crypto is inching closer to $1,000, rising steadily alongside Ethereum, which is trading above $4,300. Currently, BNB USD is a top performer, securing its position in the top 10 most valuable cryptos. <\/span><\/p>\n<p><span>According to <a class=\"general-link\" href=\"https:\/\/www.coingecko.com\/en\/coins\/bnb\" target=\"_blank\" rel=\"noopener\">Coingecko<\/a>, BNB ranks fifth, trailing XRP and USDT. BNB has surged nearly 10% in the past week and is likely to extend gains if Ethereum continues rallying.<\/span><\/p>\n<h2><span>Will BNB Crypto Rally to $1,000?<\/span><\/h2>\n<p><span>From the daily chart, <span class=\"cpp-widget-coin cpp-widget-99btc\">BNB <span>\u25b20.82%<\/span><\/span> is trading near all-time highs of $861. After a dip in early August, the coin rebounded strongly, mirroring Ethereum\u2019s gains.<\/span><\/p>\n<p><span><\/span><\/p>\n<div class=\"cpp-crypto-chart cpp-crypto-chart-99btc cpp-crypto-chart-bnb\">\n<div class=\"cpp-chart-top-section\">\n<div class=\"cpp-chart-info-section\">\n<div class=\"cpp-chart-logo\"><\/div>\n<div class=\"cpp-chart-coin-details\">\n<div class=\"cpp-chart-labels-row\">\n<div class=\"cpp-chart-coin-name\">Binance Coin<\/div>\n<div class=\"cpp-chart-price-info\">Price<\/div>\n<div class=\"cpp-chart-market-cap\">Market Cap<\/div>\n<\/div>\n<div class=\"cpp-chart-values-row\">\n<div class=\"cpp-chart-coin-symbol\">BNB<\/div>\n<div class=\"cpp-chart-price\"><\/div>\n<div class=\"cpp-chart-market-cap-value\">$119.43B<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"cpp-chart-selectors cpp-chart-selectors-99btc\"><span class=\"cpp-chart-selector\">24h<\/span><span class=\"cpp-chart-selector\">7d<\/span><span class=\"cpp-chart-selector\">30d<\/span><span class=\"cpp-chart-selector\">1y<\/span><span class=\"cpp-chart-selector\">All time<\/span><\/div>\n<\/div>\n<\/div>\n<p><\/p>\n<p><span>If bulls maintain momentum from last week, BNB could surge past $870 and reach $1,000 in a buy trend continuation, confirming the breakout above December 2024 highs printed in late July 2025.<\/span><\/p>\n<p><strong><span>DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\"><span>The 12+ Hottest Crypto Presales to Buy Right Now<\/span><\/a><\/strong><\/p>\n<p><span>According to Coinglass data, traders are preparing for this possibility. Binance has seen over $43 million in net inflows over the past week alone. <\/span><\/p>\n<p><span>There has been a steady inflow in the spot BNB market since August 6, suggesting traders are keen on HODLing. During this time, prices rose from $755 to current levels, emerging as one of the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">best cryptos to buy<\/a>.<\/span><\/p>\n\n<p><strong><span>(<a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/BNB\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><span>)<\/span><\/strong><\/p>\n<p><span>Beyond trader accumulation, institutions are gaining exposure to BNB. Firms like Nano Labs and <a class=\"general-link\" href=\"https:\/\/ir.windtreetx.com\/news-releases\/news-release-details\/windtree-therapeutics-announces-520-million-new-funding-amplify\" target=\"_blank\" rel=\"noopener\">Windtree Therapeutics<\/a> collectively control over $600 billion worth of BNB. <\/span><\/p>\n<p><span>This inflow remains despite the U.S. SEC approving only spot crypto ETFs tracking Bitcoin and Ethereum. Nonetheless, institutional backing of BNB is a major boost for prices and may even boost capital inflow to some of the <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coin-icos\/\" target=\"_blank\" rel=\"noopener\">best meme coin ICOs<\/a>.<\/span><\/p>\n<p><strong><span>DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"noopener\"><span>20+ Next Crypto to Explode in 2025<\/span><\/a><\/strong><span>\u00a0<\/span><\/p>\n<h2><span>Will Trump Pardon Changpeng Zhao of Binance?<\/span><\/h2>\n<p><span>Investors are closely monitoring developments in the United States. Recent reports indicate that Changpeng Zhao, the founder of Binance, is seeking a presidential pardon from Donald Trump. <\/span><\/p>\n<p><span>In late 2023, the U.S. Department of Justice fined Binance $4.3 billion for securities law violations, charged Zhao $50 million, and sentenced him to four months in prison. He was released in September 2024.<\/span><\/p>\n\n<p><span>A year after his release, Zhao is mounting a clemency campaign. According to <\/span><a class=\"general-link\" href=\"https:\/\/www.nytimes.com\/2025\/08\/09\/us\/politics\/changpeng-zhao-pardon-trump.html\" target=\"_blank\" rel=\"noopener\"><span>reports<\/span><\/a><span>, the White House has received pardon applications from both Zhao and Binance, which are still under review.<\/span><\/p>\n<p><span>It remains unclear whether Zhao will receive a pardon. Zhao has publicly praised the Trump administration for supporting crypto on multiple occasions. Meanwhile, Binance has cultivated a strong business relationship with World Liberty Financial, a DeFi platform linked to the Trump family. Although unverified, claims <\/span><a class=\"general-link\" href=\"https:\/\/www.bloomberg.com\/news\/features\/2025-07-11\/trump-s-crypto-link-with-binance-raises-conflict-of-interest-questions\" target=\"_blank\" rel=\"noopener\"><span>suggest<\/span><\/a><span> Binance wrote the USD1 smart contracts and facilitated a $2 billion transaction, with 90% of USD1 still held in Binance-controlled wallets.<\/span><\/p>\n<p><span>However, if Zhao receives a pardon, Trump and the White House should brace for controversy. Democrats are concerned that a pardon could enable Binance to reward World Liberty Financial with additional business, indirectly benefiting Trump.<\/span><\/p>\n<p><strong><span>DISCOVER: <\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/high-risk-high-reward-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>9+ Best High-Risk, High-Reward Crypto to Buy in 2025<\/span><\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">BNB Crypto Tracks Ethereum, Will Trump Pardon Binance Founder?<\/h2>\n<p>         <span>BNB crypto swinging higher, targets July 2025 highs<\/span><span>\u00a0<\/span>    <\/p>\n<p>         <span>Will BNB USD soar to $1,000, mirroring Ethereum\u2019s strong performance?<\/span><span>\u00a0<\/span>    <\/p>\n<p>         <span>Institutions, including Nano Labs and WindTree Therapeutics, are buying BNB<\/span><span>\u00a0<\/span>    <\/p>\n<p>         <span>Changpeng Zhao and Binance seek Trump\u2019s clemency<\/span><span>\u00a0<\/span>    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/can-bnb-catch-up-with-ethereum-changpeng-zhao-seeks-presidential-pardon-from-trump\/\">Can BNB Catch Up With Ethereum? Changpeng Zhao Seeks Presidential Pardon From Trump<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>BNB crypto is inching closer to $1,000, rising steadily alongside Ethereum, which is trading above $4,300. Currently, BNB USD is a top performer, securing its position in the top 10 most valuable cryptos. According to Coingecko, BNB ranks fifth, trailing XRP and USDT. BNB has surged nearly 10% in the past week and is likely [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":87351,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87350","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87350"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=87350"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/87350\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/87351"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=87350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=87350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=87350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}