Changpeng Zhao news

Founder and CEO of Binance.

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Changpeng Zhao: $16,000 for BTC Is Coming Soon

$16,000 seems to be a popular number amongst bitcoin price predictors. Recently, Live Bitcoin News reported on a source that claimed bitcoin could potentially reach that number by the time November began. Sadly, this prediction didn’t come true, but that’s not stopping Changpeng Zhao – CEO of Binance, arguably the world’s largest and most popular cryptocurrency exchange – from touting $16,000 as a figure that will arrive “soon.” Changpeng Zhao – $16,000 Is On Its Way The prediction that stated BTC could potentially reach $16,000 by the end of October is known as the 4chan prophecy. Naturally, the prediction failed to enter reality. Bitcoin was improving, no doubt. The currency had spent the last 30 days traveling through the doldrums hitting the $8,100 mark following the dismal introduction of Bakkt. It later fell into the mid-$7,000 following the anticipation of Mark Zuckerberg’s testimony before a Senate committee regarding Facebook’s plans for Libra and the financial space. However, Bakkt ultimately began to pick up, hitting the $2 million trading mark within weeks of its official debut. In addition, Chinese president Xi Jinping later announced that he would be pushing blockchain innovation within China, stating that the technology was important in helping China’s economy and infrastructure to recover. But while bitcoin was certainly showing improvement, it only hit the $10,000 during the final weekend of October. From there, the currency began to slink back into the mid-$9,000 region and was experiencing trouble with present resistance levels. Thus, $16,000 was a bit much for bitcoin to hit so quickly. Nevertheless, Zhao does believe that the number will not be hard to reach, and that bitcoin is likely to do so sooner than most of us are probably anticipating. Responding to a tweet issued by the Crypto Monk the acknowledges the failure of the 4chan prophecy, Zhao explained: Lol, price predictions are easy. It’s just hard to be right about the timing. We will see $16K soon-ish. 1.4 billion people are working on it as we speak. What’s interesting is that all the previous predictions offered by “4chan” have proven correct. They first emerged online in January 2019 by an anonymous poster who claimed specific jumps and/or prices for bitcoin in the months of April and July of this year. Both came true, so many were waiting with bated breath and hoping that October wouldn’t slow things down. What Are the Specifics? Zhao’s tweet is certainly positive, but it does raise a lot of new questions. What does he mean when he says “1.4 billion people” are working on it? Is he referring to a pump-and-dump scheme? Is he talking about China’s population, which will apparently pave the way for new blockchain schemes and startups? Either way, bitcoin appears to be maintaining its present momentum, hovering at around $9,300 at press time. The post Changpeng Zhao: $16,000 for BTC Is Coming Soon appeared first on Live Bitcoin News.
Live Bitcoin News

Binance CEO Changpeng Zhao to Speak at Turkish Summit Alongside Gov’t Bigwigs

Binance CEO Changpeng Zhao to Speak at Turkish Summit Alongside Gov’t Bigwigs Changpeng Zhao, CEO of major cryptocurrency exchange Binance, will be speaking at the Turkish Capital Markets Summit 2019. On Nov. 1, Cointelegraph Turkish reported that Zhao, also known as CZ within the crypto community, will be going to Turkey to attend and speak […] Cet article Binance CEO Changpeng Zhao to Speak at Turkish Summit Alongside Gov’t Bigwigs est apparu en premier sur Bitcoin Central.
Bitcoin Central

Binance CEO Changpeng Zhao Says Bitcoin At $16,000 Is In Sight

Bullish or bearish, one of the most expected parts of the crypto industry is the sheer number of predictions that pour in pretty much every minute. With Bitcoin being the largest asset with unmatched market dominance, Bitcoin predictions are usually the most frequent and are almost always bullish. While these predictions come from several market analysts, there are a few key industry people who aren’t always keen to make them. However, Binance CEO Changpeng “CZ” Zhao has recently come out to fight the good fight for the king coin. In a recent tweet, CZ declared that even though no one can be accurate about when Bitcoin will hit $16k. His tweet was in direct response to another, who mocked a price prediction that put Bitcoin at $16,000 by the end of October. According to CZ: “Price predictions are easy. It’s just hard to be right about the timing. We will see $16k soon-ish. 1.4 billion people working on it as we speak.” A few days ago, an anonymous post from 4Chan seemed to make the rounds on the internet, with a pretty bullish forecast for Bitcoin. Posted back in January this year, it contained Bitcoin prices from April 2019 through to November 2020, including a prediction that Bitcoin will end October at $16,000. Shortly after Bitcoin’s recent surge, the post began to circulate with people wondering whether or not there really should be something to watch out for. However, October has now ended with Bitcoin Just a little above $9,100, and nowhere near $16k Regardless, people have called out CZ and accused him of price prediction, something he recently spoke up against. Very recently when TRON’s TRX spiked and became the 10th largest cryptocurrency in the market, TRON founder Justin Sun took to Twitter to “predict” TRX finishing the year at 4th position, a tweet CZ rebuked, eventually causing Sun to delete the tweet. CZ has always been bullish about Bitcoin, even making more pro-Bitcoin proclamations than he does for Binance’s native BNB. Time alone will definitively tell what lies in Bitcoin’s future. The post Binance CEO Changpeng Zhao Says Bitcoin At $16,000 Is In Sight appeared first on ZyCrypto.
ZyCrypto

Binance’s Changpeng Zhao Declares Russia as a Key Market

Binance CEO, Changpeng Zhao believes Russia is a key market for the exchange. The cryptocurrency big whale revealed during his visit to the Radisson hotel in central Moscow on October 21, 2019. Zhao Speaks About Russia’s Relevance to Binance It was the CEO’s first visit to Russia and his popularity in the crypto world cameRead MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\
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Quotes, Week 24 ’18

Brad Garlinghouse, Jay Clayton, Martin Mühleise, Changpeng Zhao, and Jimmy Wales speaking on cryptocurrency and blockchain issues.

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NEO, VeChain Shoots Up As China Warms Up To Blockchain

Cryptos with links to China are seeing huge leaps as the rest of the market remains relatively quiet, thanks to some recent events that suggest that the Chinese government might be finally ready to open the doors for cryptos. It’s notable that some time back, China banned all crypto-related activities in the country, prompting various exchanges in the country like Binance to leave. A recent announcement by the Chinese president seems to have fueled a rather serious price surge for cryptos like VeChain and NEO. Granted, the two cryptos have been known to have strong links to China. China’s President publicly endorsed Blockchain development in the country, at the 18th collective study of the Political Bureau of the Central Committee held in China, President Xi Jinping delivered a speech to the members of the Political Bureau of the CPC Central Committee where he broadly stressed the importance of Blockchain as an independent innovation for technological breakthrough that must be developed in order to speed up its technological use case in the country. China Will Invest In Blockchain In a new report, it’s revealed that China is planning to invest around $2 billion in blockchain projects within the country over the next few years. This announcement caused a ripple effect, with almost the entire crypto market feeling the push. NEO gained by over 50% while VeChain has seen a cool 100% upsurge since Xi spoke. While the rest of the market also reacted positively to the news, the surge wasn’t as intense as that seen with NEO and VeChain. On average, the rest of the market managed to only gain around 17% following Xi’s pro-blockchain announcement. However, it’s still agreeable that the announcement has been very well received in the industry. In fact, following the news, Binance has expressed interest in opening up a branch in the Chinese capital, Beijing.  Chinese Media Publishing Crypto And Blockchain Content  Besides the Chinese government supporting the blockchain technology, the media, too, seems to have developed some love for cryptos. A state-owned media outlet has been publishing crypto and blockchain-related content in an effort to educate members of the public about them. In fact, one of the publications was entirely dedicated to Bitcoin and occupied the outlet’s front page.  The post NEO, VeChain Shoots Up As China Warms Up To Blockchain appeared first on ZyCrypto.
ZyCrypto

Alibaba to Reward Free Bitcoin Through Shopping App Lolli

The pace of development of the crypto sector has been nothing short of breathtaking over the past few years, and now, free Bitcoin rewards are even becoming a real thing. In a new development that would come as a massive boost for Bitcoin and the crypto space in general, Chinese e-commerce behemoth Alibaba has now got involved in the space. The company has created a partnership with Lolli, a shopping rewards app, and by way of that partnership, Alibaba shoppers can claim 5% of their rewards in the form of Bitcoin. Major Details In ... ﾿ Read The Full Article On CryptoCurrencyNews.com Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges. All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
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NEO Spikes 100% Thanks to China’s Surprising Blockchain PivotNEO Spikes 100% Thanks to China's Surprising Blockchain Pivot

NEO has surged 100% over the past few weeks. The bullish sentiment behind this cryptocurrency rally seems to be related to China’s decision to embrace blockchain technology. One trader says NEO may have a bright forecast. NEO, one of China’s most prominent blockchain projects, has been on a roll since Chinese President Xi Jinping announced […] The post NEO Spikes 100% Thanks to China’s Surprising Blockchain Pivot appeared first on CCN.com China's blockchain pivot has launched NEO, a cryptocurrency nicknamed the "Chinese Ethereum," to a phenomenal 100% rally.
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Ant Financial of Alibaba Opens Up Blockchain Testing for Small and Medium-Sized Businesses

The fintech Alibaba Group firm Ant Financial is in tests for a blockchain network meant to help small and medium businesses. Its senior director for technology and business innovation Jieli Li has spoken at the Wuzhen World Blockchain Summit. He said that the technology for the Ant Blockchain Open Alliance should be live soon, three […]
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