Will $BNB return to 700?

Changpeng Zhao (CZ), the founder of Binance, will be released from a California prison on September 29, 2024. Good or bad?

Will CZ's release be a turning point for Binance, and will BNB holders 🚀BNB is not only a tradable token, it can also reduce transaction fees and participate in new token sales on the Binance platform.

Emotional aspect. Good

In the cryptocurrency market, emotions are sometimes as important as facts. CZ's release may boost investor confidence. Historically, when important leaders return to a company, it often boosts investor confidence. For example, when Steve Jobs returned to Apple in 1997, he helped the company turn around.

Legally. Bad

Binance's biggest problem at the moment is still the legal dilemma. The company is facing lawsuits from US government agencies. These lawsuits accuse Binance of violating laws regarding stock exchange operations and anti-money laundering. Binance is gradually withdrawing from countries with strict regulation and focusing on regions with a more relaxed regulatory environment. For example, they are expanding their business in Indonesia and the Middle East, where crypto regulations are relatively loose or still being developed. #新币挖矿CATI #特朗普哈里斯辩论未提及加密货币 #比特币年底能否突破10万美元？

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