Changpeng Zhao, widely recognized as CZ in the cryptocurrency community, has taken to X (formerly Twitter) to issue an important advisory to his 9 million followers amidst Bitcoin's recent price surge. In his tweet, CZ emphasized the importance of being on the right side of history as the flagship cryptocurrency continues to make headlines.
CZ's reminder is particularly timely, as Bitcoin recently soared to new heights. He referenced a post from November 1, 2023, where he discussed the potential of Bitcoin as a “better form of money that could benefit billions.” He cautioned the crypto community that being on the wrong side of this revolution would not be a legacy anyone would want to leave behind.
In his November 15 tweet, CZ reiterated the importance of understanding and supporting the broader vision of cryptocurrency's role in the global financial system.
"Be on the right side of history."
— CZ 🔶 BNB (@cz_binance) November 15, 2024
This message comes as Bitcoin regains the $90,000 mark following a recent surge. Bitcoin had reached an all-time high (ATH) of $93,434 on November 13, before experiencing a slight 5.7% drop. This price increase coincided with recent political developments in the United States and a 25-basis-point interest rate cut by the Federal Reserve—the second such rate cut this year.
In response to the ATH, CZ cautioned the community that Bitcoin's price would continue to experience volatility. He emphasized the importance of managing risk, resisting the temptation of excessive greed, and diversifying investments rather than "putting all their eggs in one basket."
Pennsylvania Introduces Bill to Establish Strategic Bitcoin Reserve
In another major development, lawmakers in Pennsylvania have introduced a groundbreaking bill aimed at allowing the state treasury to hold Bitcoin on its balance sheet. This initiative marks a significant step toward broader institutional adoption of Bitcoin as a store of value.
The bill, introduced on November 14, 2024, would allocate 10% of Pennsylvania's $7 billion state budget to Bitcoin. This proposal is part of a growing movement to integrate Bitcoin into public finance. Notably, this idea was first championed by U.S. Senator Cynthia Lummis of Wyoming, who proposed a national-level strategy in July to purchase Bitcoin with federal funds.
The Pennsylvania initiative is the first of its kind, with the state treasury potentially purchasing up to 200,000 BTC per year over the next five years. This strategic reserve would ultimately see Pennsylvania acquire up to 1 million $BTC , or approximately 5% of Bitcoin’s total maximum supply of 21 million coins.
This move underscores Bitcoin's increasing recognition as a legitimate store of value, aligning with broader institutional and governmental interest in diversifying their financial portfolios with digital assets.
Conclusion
As the price of Bitcoin continues to rise, both institutional and individual players in the crypto space must carefully consider the implications of these market movements. CZ’s warning to "control greed" and "manage risks" serves as a timely reminder in an increasingly volatile market. Meanwhile, Pennsylvania's bold move toward a Bitcoin reserve could set a precedent for other states and countries to explore similar strategies in the future.
#BitcoinTherapist #CZBİNANCE #BinanceSquareFamily #BTC☀ #Binance240MUsers

As Bitcoin achieves unprecedented levels, nearing historic peaks, Changpeng Zhao, the visionary behind Binance and its former CEO, has shared key insights to guide investors through the complexities of the current market landscape. Emphasizing patience and sound strategy, Zhao revisited his famous advice from 2021: "If you can't hold, you can't thrive," reinforcing the critical importance of adopting a long-term investment approach and maintaining disciplined risk management. With Bitcoin breaking past $76,000 and notable altcoins such as ETH, SOL, and ADA experiencing significant upward momentum, Zhao urges investors to proceed with careful consideration:

1. Brace for Market Fluctuations: The crypto market is notoriously volatile. Investors should be ready for both gains and unexpected downturns, understanding that market swings are part of the investment journey.

2. Implement Risk Control: Only allocate funds that you are prepared to lose. A well-diversified portfolio helps mitigate risks and smooth out potential losses.

3. Keep Emotions in Check: Greed and excitement can lead to poor decision-making. Zhao advises maintaining a level-headed approach, especially when faced with sudden price surges or steep declines.

4. Think Before You Act: Avoid snap decisions based on market hype. Staying invested for the long haul often yields better returns than trying to time the market perfectly.

5. Commit to the Long-Term Perspective: Zhao hinted at promising future growth, suggesting that this current surge might only be an early phase of a larger market evolution.

With the crypto market cap hovering around $2.4 trillion, Zhao’s strategic advice serves as a reminder for investors to remain disciplined and grounded. His guidance underscores the importance of careful planning, patience, and a focus on sustained growth during periods of market excitement.

#CZBİNANCE #czprison #AltCoinSeason #Trump47thPresident #EthereumWhitepaper

#Binance founder Changpeng Zhao, also known as CZ, recently revealed on his educational focus for Giggle Academy. His new endeavor targets countries with low literacy rates. The platform will serve regions like Chad and Mali, where children lack access to quality education.
CZ highlighted the need for educational resources in underserved nations. Through Giggle Academy, he aims to bring essential skills and knowledge to young learners in these areas.
#GiggleAcademy Focus on Low Literacy Countries
On November 9, Binance founder Changpeng Zhao expressed his focus on education for underserved regions. He responded to a post highlighting top literacy-ranking countries by noting his interest in supporting those at the “bottom of the list.” A user then shared data showing Chad, Mali, and South Sudan as some of the areas with the lowest literacy rates, which CZ highlighted as key targets for Giggle Academy.
With Giggle Academy, Zhao aims to provide free, foundational knowledge using AI and blockchain technology. His platform will serve children in regions lacking access to quality education, offering essential skills that foster financial independence and self-reliance. The gamified, engaging lessons are specifically designed to reach young learners in remote, low-resource areas.
By launching this initiative, CZ reaffirms his commitment to making education accessible where it’s needed most. His vision for Giggle Academy aligns with his philosophy of using technology for impactful change, seeking to empower underserved communities and bridge educational gaps.
Binance Founder’s Caution as Bitcoin Hits All-Time High
Changpeng Zhao recently released after serving four months in a U.S. jail, has sparked speculation about his future in the crypto industry. His release has led to significant discussions, especially regarding his potential sale of his stake in Binance.
Bitcoin is currently trading at $76,325, marking a 10% increase in just the past week and a 25% rise over the last month. This surge has caught the attention of investors and traders, sparking conversations about further price movements. With Bitcoin reaching new all time heights, many are looking to capitalize on the momentum. However, Zhao has urged caution, highlighting the importance of responsible decision-making in the face of such rapid price changes.
@CZ
#AltCoinSeason #CZBİNANCE #EthereumRally