What happened?
A golden statue of Binance founder Changpeng Zhao was unveiled in Washington after President Trump pardoned him. It was anonymously funded by four people, cost about $50,000, and was 3D printed from dense foam over roughly four weeks. CZ had previously pleaded guilty and paid a $4.3 billion penalty related to money-laundering facilitation through Binance.
Who does this affect?
This mainly affects Binance, BNB holders, and broader crypto investors watching regulatory shifts in the U.S. It also matters for policymakers and market participants who see the pardon as a signal about U.S. crypto policy direction. Projects tied to Binance and early-stage tokens may get more attention as U.S. access and sentiment shift.
Why does this matter?
The pardon and statue helped fuel bullish sentiment while BNB hit a new all-time high and posted strong year-to-date gains. Price action looks constructive with BNB trading above the 200-day EMA and a key support near $1,190, suggesting a possible move toward $1,300 if buyers hold. If Binance can expand further in the U.S. and investor confidence keeps rising, more capital could flow into BNB and altcoins, lifting demand for presales like $HYPER and boosting the broader crypto market.