Core Insights - BNB, the native token of BNB chain, reached an all-time high of $955.36 on September 17, 2025, before slightly declining to around $953.31, driven by discussions between Binance Holdings Ltd. and the U.S. Department of Justice regarding the potential removal of a key condition from a $4.3 billion settlement [1][4][6] Group 1: BNB Price Movement - The recent surge in BNB's price is attributed to bullish signals indicated by the MACD chart, showing a bullish crossover and strengthening momentum [2][3] - The MACD analysis revealed rising green histogram bars, suggesting that BNB's rally could continue [2] Group 2: Legal and Compliance Context - In November 2023, Binance settled charges with the DOJ, Treasury Department, and CFTC for $4.3 billion due to accusations of inadequate anti-money laundering programs and other violations [4][5] - As part of the settlement, Binance was required to maintain oversight from two independent compliance monitors, one for the DOJ and one for FinCEN [5] - Ongoing discussions are taking place regarding the potential termination of the monitorship, although no final decision has been made by the DOJ [6] Group 3: Speculation on Leadership and Pardon - There is speculation regarding a potential presidential pardon for Binance's founder and former CEO Changpeng Zhao, with a reported 58% chance according to betting markets [7]
BNB hits shockingly high after new update
Yahoo Finance·2025-09-17 00:08