1/ 📅 Important Date: On September 29, 2024, Changpeng Zhao, known as CZ, the founder of Binance, will be released. CZ spent four months in prison after being charged with violating US securities laws.
2/ 🚀 Positive outlook: Many in the crypto community expect the release of CZ to boost the prices of Bitcoin and other cryptocurrencies. October is traditionally a strong month for the market.
3/ 📈 Past Performance: Over the years, Bitcoin has seen notable increases in October and November, generating optimism among traders ahead of the “Christmas break” in December.
4/ ⚖️ Legal Challenges: After the ruling, CZ resigned as CEO of Binance. The US Department of Justice also imposed a large fine on the company.
5/ 👨🎓 New Projects: Before entering prison, CZ expressed interest in launching educational initiatives such as the “Gigle Academy,” which aims to teach underprivileged children about finance and blockchain technology.
6/ 📊 BNB Coin Performance: As the CZ release date approaches, BNB Coin has seen a significant rise, as it is currently trading at $610, indicating that it may break the previous resistance level.
7/ 🔮 Future Predictions: If the momentum continues, BNB may surpass the $620 level. If this happens, the coin may break the $686 level.
8/ 🗣️ Final message: The release of CZ is an exciting time for both the founder and the community. With October approaching and a lot of optimism, it will be interesting to see how things will develop in the crypto world.
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