BinanceCEO
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The crypto industry may be approaching its first billion users, says Binance CEO @Richard Teng
With 240M+ users already on board, #Binance is among the platforms preparing for this next wave of adoption.
#BinanceCEO #cryptoadoption
With 240M+ users already on board, #Binance is among the platforms preparing for this next wave of adoption.
#BinanceCEO #cryptoadoption
please increase the copiers limit.
I'm getting too many requests to copy.. please expedite the request. 2 days already. no action from Customer care.
#BinanceCEO
I'm getting too many requests to copy.. please expedite the request. 2 days already. no action from Customer care.
#BinanceCEO
My Futures Portfolio
399 / 400
Minimum 10USDT
Copy trader have earned in last 7 days
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$173686.93
Win Rate
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profit sharing and caring:
unusually delayed.. quite disappointing #binance
#BTC #BinanceCEO $BTC
The $40,000 battle 💁🏻
After a brief period of accumulation, $BTC managed to break through the next support level and enter a consolidation near the upper interest channel boundary.
The next level is a major psychological resistance of $40,000, holding substantial liquidity. Judging by the order book, we can expect high volumes of delayed buy orders triggered upon breaking through this level.
🐄 Another strong bullish marker is the recent establishment of a new 1Y high.
With relatively low volumes over the weekend, chances are that we will see a move above $40,000 at the beginning of the workweek.
The $40,000 battle 💁🏻
After a brief period of accumulation, $BTC managed to break through the next support level and enter a consolidation near the upper interest channel boundary.
The next level is a major psychological resistance of $40,000, holding substantial liquidity. Judging by the order book, we can expect high volumes of delayed buy orders triggered upon breaking through this level.
🐄 Another strong bullish marker is the recent establishment of a new 1Y high.
With relatively low volumes over the weekend, chances are that we will see a move above $40,000 at the beginning of the workweek.
LIVE
TopCryptoNews
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⚡️Everything that happened with Binance and CZ in the last 24 hours:
🔻CZ admitted that it did not prevent money laundering by terrorist organizations, and also did not comply with sanctions against Russian citizens.
🔻The head of the exchange agreed to resign and pay a fine of $50 million.
🔻The new director will be Richard Teng (previously he led Binance in all regions except the USA)
🔻Binance will pay $1 billion in fines immediately and $3.3 billion over 15 months.
🔻All Binance transactions will be monitored by the US authorities for the next 5 years.
🔻CZ was released from custody on bail of $175 million and was even allowed to return to the OAU and await trial there, scheduled for February 23, 2024.
🔻In 24 hours, almost $3 billion was withdrawn from Binance, but there is still $56 billion left.
🤔The outflow of funds is large, but the exchange resisted. Who do you think will be top 1 now? Okex? Revival of FTX? 🌚
#cz_binance #TopCryptoNews #CZ
🔻CZ admitted that it did not prevent money laundering by terrorist organizations, and also did not comply with sanctions against Russian citizens.
🔻The head of the exchange agreed to resign and pay a fine of $50 million.
🔻The new director will be Richard Teng (previously he led Binance in all regions except the USA)
🔻Binance will pay $1 billion in fines immediately and $3.3 billion over 15 months.
🔻All Binance transactions will be monitored by the US authorities for the next 5 years.
🔻CZ was released from custody on bail of $175 million and was even allowed to return to the OAU and await trial there, scheduled for February 23, 2024.
🔻In 24 hours, almost $3 billion was withdrawn from Binance, but there is still $56 billion left.
🤔The outflow of funds is large, but the exchange resisted. Who do you think will be top 1 now? Okex? Revival of FTX? 🌚
#cz_binance #TopCryptoNews #CZ
Binance Grapples with Substantial Withdrawals Amid Resignation Controversy and U.S. Legal Charges
Withdrawal Surge at Binance: Following recent news, Binance is witnessing a significant surge in withdrawal requests.Investor Anxiety Spurs Withdrawals: Concerned about the company's future, investors are rushing to pull their funds out of Binance.Binance's Reassurance: Despite the withdrawals, Binance has assured its users of its continued operational status and the availability of ample reserves to cover all withdrawal requests.BNB Token's Decline: Binance's native token, BNB, has experienced a sharp decline, wiping out the gains it made in the previous day.Institutional Shift to Other Exchanges: There are indications that institutional investors and brokers might be relocating their funds to alternative exchanges, hinting at a potential decline in confidence towards Binance.
Binance, renowned as the world's largest crypto exchange based on trading volume, faced a precarious situation yesterday as it confronted multiple criminal charges directed at both the exchange itself and its CEO, Changpeng Zhao.
Reports surfaced detailing an agreement between Binance's founder and CEO, Changpeng 'CZ' Zhao, to step down as part of a landmark settlement with US authorities.
Earlier this year, the US Department of Justice accused Binance of operating an "illegal money laundering venture," leading to Binance's decision to completely withdraw from the US market.
Let’s delve into the investor response to this unfolding news.
Substantial Withdrawals Rattle Binance Similar to the pattern observed with FTX during its financial instability, a surge of Binance users hurriedly withdrew their funds and cryptocurrencies from the exchange following the breaking news.
Based on a recent tweet from the head of research at 21.co, Binance witnessed net outflows totaling approximately $2.2 billion USD within the last day.
This significant outflow, far beyond the norm, reflects investors' rapid withdrawal due to prevailing apprehension.
Despite efforts by Binance to reassure its users of continued operations, the exchange still holds reserves amounting to about $67 billion in tokens and stablecoins.
Binance's Financial Flows Data from Dune Analytics corroborates these developments, indicating that while the exchange experienced an outflow of $2.88 billion over the last 24 hours, it also recorded inflows of about $1.85 billion.
BNB and Others Endure Losses Ironically, BNB initially showcased bullish behavior, gaining around 10% at the outset. However, within the last day, the cryptocurrency plummeted by 10%, erasing the gains made previously.
Data from Dune Analytics reveals that BNB witnessed the most significant deposits and withdrawals within the past 24 hours, closely followed by popular tokens such as USDT, ETH, and BTC.
Notably, substantial movements of funds were initiated by addresses linked to institutional investors and brokers like Crypto.com and Wintermute Trading.
Substantial Inflows and Outflows on Binance The situation for Binance may not bode well if these entities are transferring their funds to alternative exchanges or platforms for arbitrage or liquidity purposes.
Disclaimer: While Voice of Crypto aims for accuracy and timeliness, it cannot be held liable for any missing facts or inaccuracies. Cryptocurrencies represent highly volatile financial assets; hence, conducting thorough research is advised before making any financial decisions.
#Binance #BinanceCEO #binanceczresign #BinanceSquareTalks #crypto2023
$BNB
Binance, renowned as the world's largest crypto exchange based on trading volume, faced a precarious situation yesterday as it confronted multiple criminal charges directed at both the exchange itself and its CEO, Changpeng Zhao.
Reports surfaced detailing an agreement between Binance's founder and CEO, Changpeng 'CZ' Zhao, to step down as part of a landmark settlement with US authorities.
Earlier this year, the US Department of Justice accused Binance of operating an "illegal money laundering venture," leading to Binance's decision to completely withdraw from the US market.
Let’s delve into the investor response to this unfolding news.
Substantial Withdrawals Rattle Binance Similar to the pattern observed with FTX during its financial instability, a surge of Binance users hurriedly withdrew their funds and cryptocurrencies from the exchange following the breaking news.
Based on a recent tweet from the head of research at 21.co, Binance witnessed net outflows totaling approximately $2.2 billion USD within the last day.
This significant outflow, far beyond the norm, reflects investors' rapid withdrawal due to prevailing apprehension.
Despite efforts by Binance to reassure its users of continued operations, the exchange still holds reserves amounting to about $67 billion in tokens and stablecoins.
Binance's Financial Flows Data from Dune Analytics corroborates these developments, indicating that while the exchange experienced an outflow of $2.88 billion over the last 24 hours, it also recorded inflows of about $1.85 billion.
BNB and Others Endure Losses Ironically, BNB initially showcased bullish behavior, gaining around 10% at the outset. However, within the last day, the cryptocurrency plummeted by 10%, erasing the gains made previously.
Data from Dune Analytics reveals that BNB witnessed the most significant deposits and withdrawals within the past 24 hours, closely followed by popular tokens such as USDT, ETH, and BTC.
Notably, substantial movements of funds were initiated by addresses linked to institutional investors and brokers like Crypto.com and Wintermute Trading.
Substantial Inflows and Outflows on Binance The situation for Binance may not bode well if these entities are transferring their funds to alternative exchanges or platforms for arbitrage or liquidity purposes.
Disclaimer: While Voice of Crypto aims for accuracy and timeliness, it cannot be held liable for any missing facts or inaccuracies. Cryptocurrencies represent highly volatile financial assets; hence, conducting thorough research is advised before making any financial decisions.
#Binance #BinanceCEO #binanceczresign #BinanceSquareTalks #crypto2023
$BNB
Binance Futures Excites Traders with JTO Listing Offering 50x Leverage! 🌟📈
Binance Futures, one of the leading cryptocurrency derivatives platforms, has set the stage for excitement among traders with its latest announcement: the listing of JTO paired with a remarkable 50x leverage option.
The revelation of JTO's listing on Binance Futures, coupled with the enticing leverage of 50x, has sent ripples of anticipation throughout the crypto trading community. This move reflects Binance's commitment to expanding its offerings and providing diverse opportunities for traders seeking exposure to a wide range of cryptocurrencies.
JTO's addition to the Binance Futures platform signifies the growing prominence of this digital asset within the cryptocurrency landscape. This listing offers traders the chance to engage in leveraged trading, amplifying their potential gains – an opportunity that often garners significant interest in the trading community.
The introduction of 50x leverage for JTO on Binance Futures elevates the excitement surrounding this listing. Leverage trading enables users to magnify their positions, amplifying both potential profits and risks, making it an attractive option for experienced traders looking to capitalize on market movements.
Binance's strategic move aligns with its vision of catering to the evolving needs of traders by providing access to a diverse selection of cryptocurrencies paired with leveraged trading options.
However, it's essential to note that while leverage can amplify potential gains, it also intensifies the exposure to market fluctuations, increasing the risk factor associated with trading. Traders engaging in leveraged positions should exercise caution and implement risk management strategies to navigate the volatility inherent in the crypto markets.
🚀💼
#BinanceTrends #BitcoinEducation #BinanceCEO
Binance Futures, one of the leading cryptocurrency derivatives platforms, has set the stage for excitement among traders with its latest announcement: the listing of JTO paired with a remarkable 50x leverage option.
The revelation of JTO's listing on Binance Futures, coupled with the enticing leverage of 50x, has sent ripples of anticipation throughout the crypto trading community. This move reflects Binance's commitment to expanding its offerings and providing diverse opportunities for traders seeking exposure to a wide range of cryptocurrencies.
JTO's addition to the Binance Futures platform signifies the growing prominence of this digital asset within the cryptocurrency landscape. This listing offers traders the chance to engage in leveraged trading, amplifying their potential gains – an opportunity that often garners significant interest in the trading community.
The introduction of 50x leverage for JTO on Binance Futures elevates the excitement surrounding this listing. Leverage trading enables users to magnify their positions, amplifying both potential profits and risks, making it an attractive option for experienced traders looking to capitalize on market movements.
Binance's strategic move aligns with its vision of catering to the evolving needs of traders by providing access to a diverse selection of cryptocurrencies paired with leveraged trading options.
However, it's essential to note that while leverage can amplify potential gains, it also intensifies the exposure to market fluctuations, increasing the risk factor associated with trading. Traders engaging in leveraged positions should exercise caution and implement risk management strategies to navigate the volatility inherent in the crypto markets.
🚀💼
#BinanceTrends #BitcoinEducation #BinanceCEO
Trading is total.
You have:
1) Emotion control
- Patience
- Discipline
- Confidence
2) Strategy
- Planning
- System execution
- Risk management
3) World behavior
- Supply & Demand
- Fear & Greed
- News & Control
If you can overcome the trading learning curve, you can do anything.
#BTC #fomc #BinanceTournament #etf #BinanceCEO
You have:
1) Emotion control
- Patience
- Discipline
- Confidence
2) Strategy
- Planning
- System execution
- Risk management
3) World behavior
- Supply & Demand
- Fear & Greed
- News & Control
If you can overcome the trading learning curve, you can do anything.
#BTC #fomc #BinanceTournament #etf #BinanceCEO
#cz outplayed US authorities by leaving #BinanceCEO position
📌Such stance is voiced by the analyst Cole Garner. According to him, the main threat to CZ used to be SEC and DOJ. While paying $4B fine and standing down from CEO chair, CZ managed to:
- become free of the formal responsibility for Binance and extradition risks;
- move behind the curtains of the company while remaining "free".
"He *was* facing a life constrained by extradition risk. Now he can go anywhere", states Garner. He then adds:
"The most hilarious part: with the biggest threat to the bull now neutralized, Binance is positioned better than anyone to profit off the bull".
$BNB
📌Such stance is voiced by the analyst Cole Garner. According to him, the main threat to CZ used to be SEC and DOJ. While paying $4B fine and standing down from CEO chair, CZ managed to:
- become free of the formal responsibility for Binance and extradition risks;
- move behind the curtains of the company while remaining "free".
"He *was* facing a life constrained by extradition risk. Now he can go anywhere", states Garner. He then adds:
"The most hilarious part: with the biggest threat to the bull now neutralized, Binance is positioned better than anyone to profit off the bull".
$BNB
Fiat Currency's Impact on Global Crime Exceeds Crypto by 100-Fold, Says Binance CEO
The CEO of Binance, one of the world's leading cryptocurrency exchanges, recently emphasized the significant role of fiat currencies in global criminal activities, highlighting that their impact surpasses that of cryptocurrencies by a staggering 100-fold.
In a compelling statement, the CEO shed light on a prevalent misconception regarding the relationship between digital currencies and unlawful activities. While cryptocurrencies have often been associated with illicit transactions, the CEO's perspective offers a contrasting view, suggesting that traditional fiat currencies bear a far greater responsibility in facilitating criminal endeavors on a global scale.
The debate surrounding the role of cryptocurrencies in criminal activities has been a persistent topic, with critics often pointing fingers at digital assets for their potential use in illegal transactions. However, the Binance CEO's assertion brings attention to the relatively minimal impact of cryptocurrencies compared to their fiat counterparts in facilitating various forms of global crime.
The CEO's remarks provoke deeper scrutiny into the dynamics of financial crime, urging a reevaluation of the conventional narratives that predominantly vilify digital currencies. While acknowledging the potential risks associated with cryptocurrencies, the emphasis on the overwhelming role of fiat currencies in unlawful activities signifies a shift in perspective.
Fiat currencies, due to their widespread adoption and usage across various sectors, have long been utilized as the primary medium for criminal transactions. Their anonymity, coupled with the vast global circulation, has inadvertently provided a conducive environment for money laundering, illicit trades, and other unlawful endeavors.
#BinanceCEO #BinanceSquareAnalysis
The CEO of Binance, one of the world's leading cryptocurrency exchanges, recently emphasized the significant role of fiat currencies in global criminal activities, highlighting that their impact surpasses that of cryptocurrencies by a staggering 100-fold.
In a compelling statement, the CEO shed light on a prevalent misconception regarding the relationship between digital currencies and unlawful activities. While cryptocurrencies have often been associated with illicit transactions, the CEO's perspective offers a contrasting view, suggesting that traditional fiat currencies bear a far greater responsibility in facilitating criminal endeavors on a global scale.
The debate surrounding the role of cryptocurrencies in criminal activities has been a persistent topic, with critics often pointing fingers at digital assets for their potential use in illegal transactions. However, the Binance CEO's assertion brings attention to the relatively minimal impact of cryptocurrencies compared to their fiat counterparts in facilitating various forms of global crime.
The CEO's remarks provoke deeper scrutiny into the dynamics of financial crime, urging a reevaluation of the conventional narratives that predominantly vilify digital currencies. While acknowledging the potential risks associated with cryptocurrencies, the emphasis on the overwhelming role of fiat currencies in unlawful activities signifies a shift in perspective.
Fiat currencies, due to their widespread adoption and usage across various sectors, have long been utilized as the primary medium for criminal transactions. Their anonymity, coupled with the vast global circulation, has inadvertently provided a conducive environment for money laundering, illicit trades, and other unlawful endeavors.
#BinanceCEO #BinanceSquareAnalysis
The referral is on for melodytouch1 !
let's keep preaching to the world for registration !
More members I most bring to binance
#BinanceCEO
let's keep preaching to the world for registration !
More members I most bring to binance
#BinanceCEO
🚀 *Binance: Powering Your Crypto Journey with Diversity and Stability*
Discover the unparalleled advantages of trading on Binance, a global cryptocurrency exchange that combines a diverse range of offerings with a commitment to stability.
1. *Extensive Cryptocurrency Portfolio* : Binance supports over 500+ cryptocurrencies, providing a vast array of investment opportunities for users.
2. *Efficient Transactions with High Liquidity*: Benefit from Binance's high trading volume, ensuring quick and competitive transactions for buying and selling cryptocurrencies.
3. *Low Fees and Exclusive Discounts*: Enjoy some of the industry's lowest fees (as low as 0.1%) and additional discounts by holding Binance Coin (BNB), including 0% fees on Bitcoin (BTC) trading.
4. *Robust Security Features*: Binance prioritizes user security with advanced measures such as two-factor authentication, anti-phishing protocols, and secure asset storage.
5. *User-Friendly Interface for All*: Navigate with ease on Binance's user-friendly interface designed to cater to both beginners and experienced traders.
🌐 *Binance and Stablecoins: Bridging the Gap to Efficiency*
Embrace stability and efficiency in your crypto journey with Binance's support for stablecoins, recognized as an "efficient fiat gateway into crypto."
💡 *Benefits of Stablecoins on Binance:*
- *Certainty in Conversion Rates*: Stablecoins eliminate confusion around conversion rates, providing users with the certainty they desire.
- *Cost Efficiency*: Transactions involving stablecoins often have minimal to no fees, eliminating costs associated with wire transfers during fiat-to-crypto conversions.
- *Mainstream Adoption Catalyst*: Binance sees stablecoins as a key driver for mainstream adoption, addressing concerns about the volatility of other cryptocurrencies.
#BinanceTournament #BinanceCEO #BinanceSquareAnalysis #BNB🔥 $BNB $BTC $ETH
Discover the unparalleled advantages of trading on Binance, a global cryptocurrency exchange that combines a diverse range of offerings with a commitment to stability.
1. *Extensive Cryptocurrency Portfolio* : Binance supports over 500+ cryptocurrencies, providing a vast array of investment opportunities for users.
2. *Efficient Transactions with High Liquidity*: Benefit from Binance's high trading volume, ensuring quick and competitive transactions for buying and selling cryptocurrencies.
3. *Low Fees and Exclusive Discounts*: Enjoy some of the industry's lowest fees (as low as 0.1%) and additional discounts by holding Binance Coin (BNB), including 0% fees on Bitcoin (BTC) trading.
4. *Robust Security Features*: Binance prioritizes user security with advanced measures such as two-factor authentication, anti-phishing protocols, and secure asset storage.
5. *User-Friendly Interface for All*: Navigate with ease on Binance's user-friendly interface designed to cater to both beginners and experienced traders.
🌐 *Binance and Stablecoins: Bridging the Gap to Efficiency*
Embrace stability and efficiency in your crypto journey with Binance's support for stablecoins, recognized as an "efficient fiat gateway into crypto."
💡 *Benefits of Stablecoins on Binance:*
- *Certainty in Conversion Rates*: Stablecoins eliminate confusion around conversion rates, providing users with the certainty they desire.
- *Cost Efficiency*: Transactions involving stablecoins often have minimal to no fees, eliminating costs associated with wire transfers during fiat-to-crypto conversions.
- *Mainstream Adoption Catalyst*: Binance sees stablecoins as a key driver for mainstream adoption, addressing concerns about the volatility of other cryptocurrencies.
#BinanceTournament #BinanceCEO #BinanceSquareAnalysis #BNB🔥 $BNB $BTC $ETH
ATTENTION EVERYONE HERE IN BINANCE WORLD📊
Bitcoin (BTC) price again reached an all-time high in 2021, as values exceeded over 65,000 USD in November 2021.
So now my question is will bitcoin rise 📊back to $65,000 as it was in November 2021..Comment your answers below let’s see how it goes
#BinanceTournament #Peterbrandt #BTC #BinanceCEO #binannce
Bitcoin (BTC) price again reached an all-time high in 2021, as values exceeded over 65,000 USD in November 2021.
So now my question is will bitcoin rise 📊back to $65,000 as it was in November 2021..Comment your answers below let’s see how it goes
#BinanceTournament #Peterbrandt #BTC #BinanceCEO #binannce
hey#BinanceCEO
LIVE
Binance News
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OpenAI and Former Google CEO Eric Schmidt Launch $10 Million Grant Program for AI Research
According to Foresight News, OpenAI has announced a collaboration with former Google CEO Eric Schmidt to launch a $10 million grant program called 'Superalignment Fast Grants'. The program aims to support technical research on the consistency and safety of superhuman artificial intelligence systems, including weak-to-strong generalization, interpretability, and scalable supervision. The initiative will provide funding ranging from $100,000 to $2 million for academic laboratories, non-profit organizations, and individual researchers.
Bitcoin Whale Rockets to 72nd Position in Just 14 Days, Accumulating 10,000+ BTC Amid ETF Excitement
In a mere two weeks, a significant Bitcoin whale surged to the 72nd rank, amassing over 10,000 BTC amidst the fervor surrounding Exchange-Traded Fund (ETF) discussions. This rapid ascent in holdings by a single entity within the Bitcoin market sparks intrigue and prompts an exploration of the implications tied to such substantial accumulation amid the buzz surrounding ETFs. Analyzing this phenomenon unveils potential insights into the whale's motivations and the broader impacts on Bitcoin's ecosystem and market sentiment.
#ETFTrends
#BinanceCEO
#BTC
In a mere two weeks, a significant Bitcoin whale surged to the 72nd rank, amassing over 10,000 BTC amidst the fervor surrounding Exchange-Traded Fund (ETF) discussions. This rapid ascent in holdings by a single entity within the Bitcoin market sparks intrigue and prompts an exploration of the implications tied to such substantial accumulation amid the buzz surrounding ETFs. Analyzing this phenomenon unveils potential insights into the whale's motivations and the broader impacts on Bitcoin's ecosystem and market sentiment.
#ETFTrends
#BinanceCEO
#BTC
Binance New CEO - Richard Teng
Congratulations 🎉
#RichardTeng #BinanceCEO #BinanceNewCEO #Binance #CEO $BTC $ETH $BNB
Congratulations 🎉
#RichardTeng #BinanceCEO #BinanceNewCEO #Binance #CEO $BTC $ETH $BNB
Binance CEO Counters Jamie Dimon's Critique of Crypto in Senate Testimony
The ongoing debate over the future of cryptocurrency took center stage in a recent Senate hearing as Binance CEO, Changpeng Zhao, vigorously challenged the negative stance on crypto put forward by Jamie Dimon, the CEO of JPMorgan Chase.
Dimon, a long-standing critic of cryptocurrencies, has repeatedly expressed skepticism about their viability and sustainability. However, Zhao used the Senate hearing as an opportunity to refute Dimon's assertions and advocate for the positive impact and potential of digital currencies.
During the hearing, Zhao pointed out several misconceptions about cryptocurrencies, emphasizing their role in fostering financial inclusion, innovation, and the democratization of finance. He highlighted the transformative power of blockchain technology, the backbone of cryptocurrencies, and its ability to revolutionize various industries beyond finance.
In response to Dimon's concerns about the lack of regulatory oversight and potential risks associated with cryptocurrencies, Zhao advocated for a balanced approach that combines innovation with responsible regulation. He stressed the importance of creating a regulatory framework that promotes innovation while ensuring consumer protection and market integrity.
Moreover, Zhao highlighted Binance's commitment to compliance and efforts to work collaboratively with regulators worldwide. He underscored the need for collaboration between industry players and regulators to create a conducive environment that fosters innovation while mitigating potential risks.
The clash of perspectives between Dimon and Zhao reflects the ongoing debate within the financial and regulatory spheres regarding the future of cryptocurrencies. While Dimon remains cautious about the risks associated with digital currencies, Zhao's testimony sought to dispel misconceptions and promote a more optimistic view of their potential benefits.
#BinanceTournament #BinanceCEO
The ongoing debate over the future of cryptocurrency took center stage in a recent Senate hearing as Binance CEO, Changpeng Zhao, vigorously challenged the negative stance on crypto put forward by Jamie Dimon, the CEO of JPMorgan Chase.
Dimon, a long-standing critic of cryptocurrencies, has repeatedly expressed skepticism about their viability and sustainability. However, Zhao used the Senate hearing as an opportunity to refute Dimon's assertions and advocate for the positive impact and potential of digital currencies.
During the hearing, Zhao pointed out several misconceptions about cryptocurrencies, emphasizing their role in fostering financial inclusion, innovation, and the democratization of finance. He highlighted the transformative power of blockchain technology, the backbone of cryptocurrencies, and its ability to revolutionize various industries beyond finance.
In response to Dimon's concerns about the lack of regulatory oversight and potential risks associated with cryptocurrencies, Zhao advocated for a balanced approach that combines innovation with responsible regulation. He stressed the importance of creating a regulatory framework that promotes innovation while ensuring consumer protection and market integrity.
Moreover, Zhao highlighted Binance's commitment to compliance and efforts to work collaboratively with regulators worldwide. He underscored the need for collaboration between industry players and regulators to create a conducive environment that fosters innovation while mitigating potential risks.
The clash of perspectives between Dimon and Zhao reflects the ongoing debate within the financial and regulatory spheres regarding the future of cryptocurrencies. While Dimon remains cautious about the risks associated with digital currencies, Zhao's testimony sought to dispel misconceptions and promote a more optimistic view of their potential benefits.
#BinanceTournament #BinanceCEO
BNB A Promising Resurgence After Leadership Transitions
Dezember 9 In the aftermath of CZ's departure and Richard Teng assuming leadership, Binance Coin (BNB) is experiencing a notable upswing, bringing positive news for liquidity across various smart chain projects. The burning question now is whether BNB will surpass the psychological $300 mark in December, with optimistic speculations pointing towards a potential climb to $400 in the near future.As of the latest update, BNB is trading at approximately $239, with today's peak reaching $245.5. Recent positive market movements have not only helped regain a positive trend but have also signaled a decrease in volatility following the CZ news, fostering expectations of a sustained upward trajectory in the coming weeks.These developments are both appreciated and necessary, considering the capital outflow on both Binance Exchange and the Binance Smart Chain over the past 24 months. For the first time in months, there is a resurgence of positive sentiments within the Binance Smart Chain community. The question remains: Can the smart chain reclaim the heights seen just 25 months ago, or is a different direction on the horizon?While current circumstances may suggest a potential market share loss for Binance Exchange in the months ahead, the Binance Smart Chain appears poised for recovery, indicating a renewed effort to capture market shares at the on-chain level. The year 2023 has been marked by significant events, and observers are eagerly anticipating Binance's strategic moves across all its branches in the upcoming halving year. The excitement builds as the question arises: Will we witness a new hype on the Binance Smart Chain? The timing seems opportune for a resurgence, potentially surpassing the glories of the past.#BinanceCEO #BinanceTrends #CryptoNews #CryptoNews🔒📰🚫 #binanceczresign $BNB