Rep. Maxine Waters Blasts Trump Pardon of Binance Founder

💡 DMK Insight

Trump’s pardon of Binance’s Zhao is shaking up the crypto space, and here’s why you should care: Political ties to crypto are under the microscope, which could lead to regulatory changes that impact trading strategies. If scrutiny increases, we might see volatility in major cryptocurrencies like Bitcoin and Ethereum as traders react to potential policy shifts. Keep an eye on how this affects market sentiment—if traders start to fear tighter regulations, we could see a sell-off. On the flip side, if Zhao’s pardon is seen as a positive signal for the industry, it might bolster confidence and lead to a rally. Watch for key resistance levels around recent highs; if Bitcoin can break above those, it could signal a bullish trend. For now, monitor the news cycle closely. Political developments can change the landscape quickly, and being ahead of the curve could give you an edge. Look for any statements from regulatory bodies or market reactions in the coming days to gauge sentiment and adjust your positions accordingly.