Binance CEO CZ Says ‘Crypto is not going away’, Pays Lawyer in Bitcoin Even in Bear Market

2018-11-20 17:24

Despite the hardened times, the bearish market has created for traders, the CEO of the world’s largest cryptocurrency according to data from Coinmarketcap rankings, has tweeted to his 247,000 followers, assuring them that Bitcoin is here to stay.

Urging users to look beyond the moment and sustain an elaborate mindset towards the value and significance of this digital breakthrough, Zhao Changpeng (CZ) can be quoted saying; “Crypto is not going away”.

The tweet which has now garnered over 1,614 likes and 295 retweets proves two things ; either cryptocurrency traders and investors strongly believe in CZ’s message, or they are trying to reaffirm their need for cryptocurrency to hold still, whilst hoping beyond hope that their intent becomes the desired reality.

Some users have recently revealed that they are only invested in cryptocurrency because they’ve come too far to quit and not because Bitcoin might experience another bullish run anytime soon.

For CZ, the deal has fully been sealed, in fact, the CEO went on to reveal that he successfully convinced his lawyer to accept payment in Bitcoin. A very bold move coming from CZ, as he overlooked the current market status and asked his lawyer to ditch fiat for fees in Bitcoin.

His tweet read ;

“Just converted one more of our lawyers to take $btc for fees, even on a day like this.”

Fans have shown support and respect towards CZ’s decision to stand by cryptocurrency, especially considering the fact that he would have promoted Binance’s own BNB in place of Bitcoin. One user who was curious to know what was behind his choice remarked ; “I’m surprised not $bnb”.

CZ quickly responded to the user, explaining that he had advised his lawyer to accept both Bitcoin and $Bnb, but seeing that the lawyer is new to the cryptocurrency scene, CZ noted that he will need to comprehend the basics of the cryptocurrency space.

In his words ;

“we advised him to take both, always BTC first to learn about basic crypto.”

The post Binance CEO CZ Says ‘Crypto is not going away’, Pays Lawyer in Bitcoin Even in Bear Market appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66879.95 (-0.05%)
Объем 24H $27.093b
Изменеия 24h: 1.77 %, 7d: 9.81 %
Cегодня L: $66739 - H: $67036.39
Капитализация $1317.525b Rank 1
Цена в час новости $ 4465.59 (1397.67%)

market bitcoin ceo even bear binance crypto

Источник: zycrypto.com

market bitcoin → Результатов: 126


Bitcoin’s (BTC) Bullish Patterns Emerge: Is a Market Super Cycle on the Horizon? Pay Attention to These Metrics

Bitcoin’s trading pattern lately reveals a consistent sideways movement, with fluctuations between $60,000 and $72,000. This trend, as highlighted by top cryptocurrency analyst Doctor Profit via a tweet on X, mirrors historical market behaviors that have typically preceded significant price increases.

2024-4-29 09:30


Ethena’s (ENA) Crucial Role In Bitcoin Bull Market: Expert Identifies Critical Factors For Sustainable Growth

The recent volatility in the Bitcoin (BTC) price and its struggle to consolidate above the $70,000 mark has raised questions about the sustainability of its ongoing bull run. However, market expert Charles Edwards, co-founder of Capriole Invest, believes that the decentralized finance (DeFi) protocol Ethena Labs (ENA) could significantly extend and boost Bitcoin’s bull market to new heights.

2024-4-10 03:00


Фото:

Option2Trade Remain Market Favorites With Ether As Bitcoin Reaches All-Time Highs

As Bitcoin (BTC) reaches all-time highs, setting the stage for further market growth, Ethereum (ETH) and Option2Trade (O2T) continue to shine as market favourites. Their sustained popularity amidst Bitcoin’s (BTC) milestone achievements highlights the multifaceted nature of the cryptocurrency market, where diversity, innovation, and community involvement are just as crucial for success. Ethereum’s (ETH) role […]

2024-3-13 19:33


Фото:

Bitcoin consolidating above $62k as bull market indicators start flashing

The crypto market has entered March with its foot firmly on the accelerator despite showing signs of a slight slowdown from its recent rapid ascent. Bitcoin (BTC) has continued to hover around the $62,000 mark, showcasing a resilient stance amid varying market sentiments after its remarkable rally past the $60,000 threshold to a high of […] The post Bitcoin consolidating above $62k as bull market indicators start flashing appeared first on CryptoSlate.

2024-3-3 18:32


Фото:

Bitcoin already in fifth bull market, to reach $125,000 by December 2024 – Matrixport

Bitcoin’s (BTC) price is expected to rally to as high as $125,000 by the end of 2024, crypto services provider Matrixport said in an Oct. 26 note shared with CryptoSlate. This prediction is based on the institution’s belief that the market has entered the fifth phase of Bitcoin’s bull market, primarily driven by “the expectations of […] The post Bitcoin already in fifth bull market, to reach $125,000 by December 2024 – Matrixport appeared first on CryptoSlate.

2023-10-26 15:10


Bitcoin Dominance Returns Above 50% As Altcoins Encounter Resistance

With a market valuation of almost $520 billion and a current price of $26,690, Bitcoin has reclaimed the limelight. It now accounts for more than half of the entire cryptocurrency market. This turning point is important because it occurs at a time when many alternative cryptocurrencies are stagnating or declining. It’s worth noting, though, that […]

2023-9-19 10:30


Фото:

Bitcoin Price Supported By Thin $40 Million Bid Pool, But For How Long?

In the ongoing market turbulence on higher timeframes, Bitcoin (BTC) is at a crucial juncture as a great consolidation phase persists. Research and analysis firm Material Indicators closely monitored the recent weekly candle close/open, paying particular attention to two key factors: the trend line and the 21-day, 21-week, and 21-month moving averages (MA) – all of which are currently influential in shaping market dynamics.

2023-8-15 02:00


Bitcoin Cash price moved to a bear market: Buy the dip?

Bitcoin Cash price has moved to a bear market after falling by 22%. The coin has more short-term downside as it moves from the overbought zone. Some investors believe this is a good time to dollar cost average (DCA) Bitcoin Cash price has moved into a bear market as investors start taking profits after the […] The post Bitcoin Cash price moved to a bear market: Buy the dip? appeared first on CoinJournal.

2023-7-6 19:08


Bitcoin dominance surging amid changing market dynamics and regulatory crackdown

Key Takeaways Bitcoin dominance measures the ratio of the Bitcoin market cap to the cumulative cryptocurrency sector market cap It is currently at 58%, the highest mark since April 2021 Market dynamics are changing as institutions consider Bitcoin, while rest of crypto market still struggles amid tight monetary policy environment Regulatory clampdown has also declared […] The post Bitcoin dominance surging amid changing market dynamics and regulatory crackdown appeared first on CoinJournal.

2023-7-1 17:37


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

China Crypto Crackdown? Sources Say Binance Shanghai Office Raided by Police

Malta-based cryptocurrency exchange Binance’s Shanghai office has abruptly closed its doors, several sources close to the matter told the Block. According to the sources, the exchange’s Shanghai office was recently raided by local police where many of Binance’s executives and as many as 100 employees work.