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Search resuls for: "Binance's Changpeng Zhao"


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☆ These are the boldest bitcoin predictions for 2024 — one calls for a 1,000% rally to $500,000
  + stars: | 2024-01-01 | by ( Arjun Kharpal Ryan Browne | Arjun Kharpal | Ryan Browne | ) www.cnbc.com   time to read: +9 min
Meanwhile, there is growing excitement that the U.S. Securities and Exchange Commission will approve the first ever bitcoin ETF, after years of opposition. With all of this excitement comes some quite bold predictions about bitcoin's price. "No rationale for that prediction," Mobius said, except that a bitcoin ETF looks likely and "that has heightened interest" in the cryptocurrency. Yang attributes the anticipated price rise to a bitcoin ETF being approved, leading to higher institutional investment in bitcoin, as well as May 2024's bitcoin halving, which would result in the bitcoin supply being constrained. Alexander told CNBC that during the first quarter of 2024, bitcoin will trade within the $40,000 to $55,000 range, owing to "professional traders creating volatility."
Persons: Filip Radwanski, Bitcoin, bitcoin, FTX, Sam Bankman, Fried, Binance's Changpeng Zhao, Mark Mobius, Mobius, Yang, Luna, James Butterfill, Butterfill, Antoni Trenchev, Trenchev, Carol Alexander, Alexander, Coinbase, Matrixport Organizations: Getty, CNBC, Department of Justice, U.S, U.S . Securities, Exchange, Chartered, University of Sussex, Exchange Commission, SEC, Fidelity, Blackrock, Federal Reserve Locations: U.S, bitcoin, Blackrock
☆ Heroes to zeroes in 12 months: How the two biggest crypto billionaire CEOs proved the critics right
  + stars: | 2023-12-30 | by ( Mackenzie Sigalos | ) www.cnbc.com   time to read: +12 min
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. Meanwhile, Solana is nearly 10x higher in the last 12 months, and bitcoin miner Marathon Digital has also skyrocketed. That same year, Bankman-Fried earned street cred in crypto circles for his bitcoin arbitrage trading strategy, dubbed the Kimchi swap. The relationship between Zhao and Bankman-Fried began to sour a few months after they met. In Nov. 2022, a fight between Bankman-Fried and CZ on Twitter, now known as X, pulled the mask off the scheme.
Persons: Sam Bankman, Zhao Changpeng, Bitcoin, Solana, Binance's, Zhao, FTX's Sam Bankman, Fried, JPMorgan Chase, Jamie Dimon, bitcoin, Bill Gates, Warren Buffett, Elizabeth Warren, execs, Renato Mariotti, Michael Lewis, Sam, gunning, Lewis, SBF, Binance, FTX, Goldman Sachs, General Merrick Garland, Garland, Amr Alfiky Organizations: Marathon, JPMorgan, Microsoft, Capitol, Department of Justice, U.S . Justice Department's Securities, Commodities, CZ, Alameda Research, Formula, Democratic, Twitter, Emergency Economic, U.S ., Futures Trading Commission, Treasury Department, Securities, Exchange Commission, Justice Department, DOJ, Reuters Locations: Hong Kong, Singapore, Bankman, FTX, Miami, Washington, Alameda, U.S, New York City
☆ Binance's Changpeng Zhao to step down as part of $4.3 billion DOJ settlement: CNBC Crypto World
  + stars: | 2023-11-21 | by ( Talia Kaplan | Jordan Smith | Kaan Oguz | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBinance's Changpeng Zhao to step down as part of $4.3 billion DOJ settlement: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Kevin Worth, CEO of CoinDesk, discusses Bullish's acquisition of the crypto news outlet.
Persons: Zhao, explainers, Kevin Worth Organizations: CNBC Crypto, CNBC
☆ Binance CEO says support for free speech is reason he invested in Twitter
  + stars: | 2022-11-01 | by ( Catarina Demony Sergio Goncalves | Catarina Demony | Sergio Goncalves | ) www.reuters.com   time to read: +2 min
"Number one is that we want to be extremely supportive of free speech," Zhao said at the opening event of Europe's largest tech conference, the Web Summit, in Lisbon, adding that Twitter is "where people express their opinions". "It is an important free speech platform - that's the number one reason," he added. Binance said last week it is creating a team to work on how blockchain and crypto could be helpful to Twitter. "I'm a heavy Twitter user," Zhao said, adding Binance planned to be a long-term investor in the platform. Asked about other ideas Musk has for the platform, Zhao said: "Elon Musk is a very hard guy to predict."
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