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CZ 🔶 Binance (Twitter)

RT @binance: Celebrate #InternationalDogDay with #Binance for a chance to win your share of $1,500 in #BNB!

To enter:
🔸 Repost
🔸 Follow @Binance
🔸 Share a photo or video of your dog with Binance elements using #BinanceDog

T&Cs apply ➡️ binance.com/en/survey/e59ec9…
‌CZ 🔶 Binance (Twitter)

RT @binance: Introducing MirrorX, the only institutional off-exchange settlement solution integrated with #Binance.

MirrorX allows @BinanceVIP clients to keep their assets in @CeffuGlobal's independent custody when accessing the Binance exchange.

Learn how ⤵️
‌Best Twitter threads of the day – August 30th
Cryptopolitan (RSS)

Top crypto price predictions for the 2024–2025 bull run

Grayscale made the whole market green!

Analysts are calling for imminent #Bitcoin ETF approval.

This will cause over $𝟭𝟬𝗧 of new money to flow into Bitcoin and #Crypto

A thread on top crypto price predictions for the 2024–2025 bull run 🧵

(Like & Retweet) pic.twitter.com/ld7Ql5Druv

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

Before we start, I want you to bookmark this thread for the CT culture so that you can come back in the future and see how these predictions went.

In the last bull run, the total crypto market cap topped at $3T and I expect this number to go at least 3x by the next bull run.

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

In this thread, I have assumed a few things.

– Bitcoin will still be no. 1 with around 35%–40% dominance at the peak, and ETH will still be the no.2

– Legacy coins and meme coins would no longer be in the top 20.

So let's start 👇

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

1️⃣ Bitcoin (#BTC)

Bitcoin halving has always started a new bull run, and this time it would be the same.

A spot ETF approval is highly likely before the halving, and this would cause institutions to rush towards Bitcoin.

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

In the last bull run, BTC topped at $69k, and I expect it to go 2x–3x from there because of lengthening cycles and diminishing returns.

At its peak, Bitcoin would have a market cap of around $3.5-$4 trillion, which comes to a price of $175,000 – $200,000/ BTC.

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

2️⃣ Ethereum (#ETH)

Ethereum is the leader in the altcoin space, and this will continue to happen.

Ethereum has the highest TVL, the most number of DApps are on it, and it has the most number of developers too.

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

I expect its MCap to hit around $1.5T–$2T, which comes to a price of $14,000 – $18,000/ ETH.

Also, multiple ETF futures ETFs would be there, and I expect a spot ETH ETF approval could also happen at the market peak.

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

3️⃣ Binance (#BNB)

BNB is the native token of the world's largest crypto exchange, and it also works as a fuel for BNB Chain, which has a TVL of over $4 billion.

It is also used for trading discounts and Launchpad participation on the Binance exchange, and it's deflationary too.

— Sjuul | AltCryptoGems (@AltCryptoGems) August 30, 2023

3️⃣ Binance (#BNB)

BNB is the native token of the world's largest crypto exchange, and it also works as a fuel for BNB Chain, which has a TVL of over $4 billion.

It is also used for trading d...

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‌Binance’s CZ stands firm amid regulatory challenges
Cryptopolitan (RSS)

Binance CEO Changpeng Zhao, known as CZ, remains resolute in the face of regulatory scrutiny and negative media attention directed at his cryptocurrency exchange. Instead of being deterred by recent challenges, he views them as an opportunity for Binance to showcase its credibility amidst what he refers to as “FUD” (Fear, Uncertainty, and Doubt). During a recent Twitter Spaces event, CZ took a stand against critics who have attempted to draw parallels between Binance and FTX, a cryptocurrency exchange operated by his former rival Sam Bankman-Fried.

CZ counters critics amid regulatory scrutiny

FTX has faced legal troubles, and CZ believes that critics are trying to cast Binance in a similar light. Despite the barrage of FUD, CZ asserts that Binance has demonstrated its strength by maintaining a substantial user base and market share. According to CZ, Binance has evolved into a more robust company today than it was two years ago. He also asserts that Binance is well ahead of the curve in terms of regulatory compliance. CZ’s defense stands in contrast to the allegations made by the U.S. Securities and Exchange Commission (SEC), which filed a lawsuit against Binance on June 5.

In the SEC’s complaint, it is alleged that millions of company funds were transferred between entities owned by CZ in what the agency deems a wash trading scheme. The SEC further accuses Binance of operating as an unlicensed securities exchange and conducting illegal operations in the United States. The SEC is not the sole regulatory authority targeting Binance. On March 27, the U.S. Commodities and Futures Trading Commission filed a lawsuit against Binance, alleging violations of U.S. trading and derivatives rules. Binance also faces legal scrutiny in Canada, Australia, and France for suspected regulatory violations.

Binance CEO predicts positive change on the horizon

Despite the lawsuits and their impact on Binance, CZ remains optimistic about the broader regulatory landscape for cryptocurrencies worldwide. He believes that positive regulatory developments are occurring in several countries, including France, Hong Kong, and Japan. In the United States, CZ pointed to recent court decisions favoring Ripple Labs and asset manager Grayscale as encouraging signs for the industry. CZ expressed his view that involving the courts in resolving regulatory questions might be unnecessary and suggested that more communication with U.S. officials could lead to more favorable regulatory approaches.

He acknowledged the current lack of clarity in crypto regulations and the emphasis on enforcement actions, including the lawsuits against Binance, but expressed hope that improved communication and collaboration could pave the way for better regulatory frameworks. Despite the challenges, CZ’s unwavering confidence in Binance’s position in the cryptocurrency industry underscores his determination to weather the storm of regulatory scrutiny. As the crypto landscape continues to evolve, the outcome of these legal battles and the broader regulatory developments will undoubtedly shape the future of Binance and the crypto market as a whole.
CZ 🔶 Binance (Twitter)

Fast, scaleable, and super-low fees.

Let's build real world applications that require billions of messages/events per day. #BNB
‌CZ 🔶 Binance (Twitter)

Over a million people use #BNB Chain every day.
CZ 🔶 Binance (Twitter)

RT @binance: Explore #Binance, learn about crypto, and earn rewards.

Get involved in our Quest To Earn challenge today to earn up to $60 in #BNB

More details here 👉 binance.com/en/activity/miss…
CZ 🔶 Binance (Twitter)

Just saw the interns launched a 4 photoshop contest…

We’ll give 1 #BNB to 10 of our favorite edits of this photo.

Use #Bin4nce when you share it so they can find them 😂
CZ 🔶 Binance (Twitter)

Who designed this bike? If we can find the original creator (of the image), I will give him some #BNB.

Don't know why, I kinda like it. 😂
CZ 🔶 Binance (Twitter)

RT @binance: #Binance completes the 25th Quarterly #BNB Burn!

🔥 2.14m #BNB has been burned 🔥
CZ 🔶 Binance (Twitter)

Our thoughts and prayers go out to Mexico 🙏

#Binance to issue up to $100 in #BNB to users impacted by Hurricane “Otis” in Acapulco, Mexico.

» binance.com/en/blog/all/bina…
‌CZ 🔶 Binance (Twitter)

RT @binance: Start using our brand new #Binance Web3 Wallet to win your share of $2000 in #BNB

Here’s how:
🔸 Retweet
🔸 Follow @binance
🔸 Share your feedback of the Web3 Wallet using #BinanceWallet

We’ll pick 10 of the best to win!

Bonus points if you include a screenshot 📱
‌CZ 🔶 Binance (Twitter)

Created your #Binance Web3 Wallet yet?

Let us know your feedback, so we can keep improving🙏

Use #BinanceWallet when you share your thoughts and you can win some #BNB.
Dogecoin Price Prediction: Will DOGE Rally As Addresses With A Balance Surpass 5M
CoinGape (RSS)

Dogecoin price prediction: Altcoins have over the last couple of months de-correlated from Bitcoin based on fundamental data from research firm Kaiko. While XRP and Binance (BNB) posted the largest drop in the correlation index, Dogecoin (DOGE) and Cardano (ADA) remained mostly correlated.

#Bitcoin has de-correlated with #Altcoins in the last 60 days!$XRP and #BNB have registered the largest drop in correlation.

While $DOGE and ...

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🚨 Binance hit by $6.3 billion hack linked to North Korea

Binance has confirmed a massive security breach resulting in the theft of approximately $6.3 billion in assets. The exchange has paused all withdrawals for 48 hours while it revamps its security systems. Deposits remain operational.

Chainalysis, TRM Labs, and the FBI have linked the attack to the North Korean hacking group TraderTraitor. Investigators found that funds were commingled with a previous Bitget exploit via THORChain, suggesting the same state-sponsored actor is responsible.

The breach reportedly started through a compromised DevOps engineer’s laptop, allowing attackers to manipulate the exchange's transaction-signing infrastructure. Binance stated there is no evidence that wallet private keys were leaked.

#Binance #CryptoHack #NorthKorea #BNB