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🔥💥Binance CEO Richard Teng Sees 2024 as ‘Landmark’ Year for Crypto Platform Binance's comeback is imminent, and CEO #RichardTeng is predicting massive growth for the platform and the cryptocurrency industry, calling 2024 a "turning point" for the market. Major events are happening in today's crypto industry, including the much-anticipated regulatory clarity and increased adoption of cryptocurrency by various institutions that are keeping a close eye on the digital asset community. Additionally, the grand launch of Bitcoin exchange-traded funds (ETFs) and the upcoming launch of Ethereum will also play a role in crypto adoption. Binance CEO Richard Teng Sees 2024 as a 'Turning Point' According to Bloomberg, Binance CEO Richard Teng sees great promise in today's cryptocurrency market, calling 2024 a 'turning point' amid the industry's recovery after several years of decline since 2022. #binance #BNB #CZBinance

🔥💥Binance CEO Richard Teng Sees 2024 as ‘Landmark’ Year for Crypto Platform

Binance's comeback is imminent, and CEO #RichardTeng is predicting massive growth for the platform and the cryptocurrency industry, calling 2024 a "turning point" for the market.

Major events are happening in today's crypto industry, including the much-anticipated regulatory clarity and increased adoption of cryptocurrency by various institutions that are keeping a close eye on the digital asset community.

Additionally, the grand launch of Bitcoin exchange-traded funds (ETFs) and the upcoming launch of Ethereum will also play a role in crypto adoption.

Binance CEO Richard Teng Sees 2024 as a 'Turning Point'

According to Bloomberg, Binance CEO Richard Teng sees great promise in today's cryptocurrency market, calling 2024 a 'turning point' amid the industry's recovery after several years of decline since 2022.

#binance #BNB #CZBinance

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🔥💥'Much Higher Than $80,000' – Binance CEO Reveals Bull Market Predictions, Says 2025 To Be Even Better for Crypto 👀💪 #Binance CEO Richard Teng reveals his latest crypto predictions as Bitcoin (#BTC ) hovers in the mid-$60,000s. In a new interview on the Bankless YouTube channel, Teng predicts Bitcoin will surpass $80,000 by the end of the year. The forecast for 2025 is that Bitcoin and other digital assets will have a better year than 2024 due to improving macroeconomic conditions. He also says that the approval of exchange-traded funds (ETFs) for Bitcoin and approved portions of ETFs for Ethereum (ETH) earlier this year could bring more liquidity from traditional financial institutions to crypto markets, pushing bull markets even higher. . “I think 2025 is shaping up to be a better year for the crypto industry overall than 2024 because the overall macroeconomic situation will be much better. It probably includes a rate cut by the end of this year. There will be a much better macroeconomic environment, a much more enlightened interest rate environment. So I think all of this will push crypto prices even higher in 2025. So my baseline prediction by the end of 2023 was $80,000 (for Bitcoin by the end of 2024)… but if it wasn't predicted, it was strong strong girls from institutions after the launch of the [Bitcoin] ETF. I didn't expect the ETF to be approved so quickly, this early in the year. My prediction for ETF replication was probably 2024 or even 2025. That's why I changed my [Bitcoin] forecast. Its price for the end of this year is much higher than $80,000. I'll give you the price, but over the years it's been much higher than the base price and I think it's developing into a much better year next year than this year. This is my opinion. #bitcoin #RichardTeng
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😱🫨'Delist' rumors for altcoins created panic: Statement from the authorities Rumors spreading in #SouthKorea , one of the most important markets for #altcoins , caused people to panic and sell. Many changes turned out to be unfounded. In South Korea, one of the most important markets for altcoins, unfounded "#delisting " rumors caused panic among the images. According to local media reports, it is claimed that regulators will examine 600 cryptocurrencies distributed on exchanges on a quarterly basis, starting from the month of publication, and will suspend the trading of cryptocurrencies that meet the criteria. On the other hand, the statement from the South Korean regulator FSS says: "FSS only supervises crypto exchange operators and their assets are directly examined." It has been said. It was claimed that, in addition to the rumors spread among investors, some delistings were clarified and that these were published in a list as "entities that could be delisted in June". Although it was confirmed by both the manager and the stock exchange that none of these lists existed, prices could not be prevented from falling due to panic selling. Women are scheduled to be elected on July 19 An unnamed stock exchange official said, “It is not much different from the previous ones in terms of buying and selling support. We do not intend to cause harm by hiding, such as mass delisting. "Such lists have been distributed in relevant communities many times in the past, but most were inaccurate." aforementioned. The real source of fears is the Virtual Asset Users Protection Law, which will be on the agenda in the coming months. The law, which is planned to be enacted by women on July 19, requires exchanges in countries such as Upbit, Bithumb, Coinone and Korbit to operate within certain rules. South Korea has a large share especially in altcoins in recent months. While the country's largest exchange, Upbit, entered the top 5 among global exchanges, the Korean Won became the most traded currency in April, along with the dollar, #BTC and other cryptocurrencies.
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