Binance CEO CZ, who has made a name for himself with every statement he has made in recent days, is making very effective statements on the market.
Every statement of the CEO of Binance, who played a major role in the emergence of the FTX crisis, is carefully followed.
CZ, who took the lead on Twitter again today, used the following statements about the industry:
Some (including me) say the recent events will “set the industry back a few years”. But when you think about it, it’s natural. With progress, there will be failures. The same happened in 2008 in traditional finance, which has been regulated for over 70 years. The sector will quickly recover and strengthen.
Some (including me) say this will “set the industry back a few years.” But thinking about it, this is natural. There will be failures with progress. Happened in regulated TradFi in 2008, after 70+ years of development. The industry will recover quickly, and become stronger.
— CZ 🔶 Binance (@cz_binance) November 23, 2022
After this statement, a 1 percent increase was seen in Bitcoin, which started the day with an increase, and BTC rose to the level of $ 16,660.
After this announcement, the most notable rise was in BNB, Binance’s coin. BNB rose 7 percent a few minutes after the announcement.
For exclusive news, analytics and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android and iOS Start live price tracking right now by downloading our apps!