Binance CEO CZ: ‘Bitcoin Moving Up So Slowly, Feels Like A Stablecoin’

Binance CEO CZ: ‘Bitcoin Moving Up So Slowly, Feels Like A Stablecoin’
фото показано с : zycrypto.com

2020-8-21 13:01

Bitcoin has been in the headlines of late, and for good reasons. The top crypto has been showing serious signs of a gargantuan price spike. In fact, Bitcoin has already gained close to thrice its early-year value. In March 2020, the coin was trading at around $4,100. Today, it’s going for close to $12,000. However, one particular influential person thinks Bitcoin is moving up very slowly.

According to Binance CEO Changpeng Zhao (CZ), Bitcoin’s slow movement makes it appear like it’s a Stablecoin, although its returns for the year have been great. CZ made his sentiments known in a recent Twitter post.

I don't know about you, but #bitcoin feels like a stable coin to me. It's moving up so slowly.

It only moved from $4100 in March to $11800 now.

Every time it moved up, I get used to the new price in like 30 seconds, and starts to wish it will go higher…

— CZ Binance (@cz_binance) August 20, 2020 Ultra-Bullish Sentiment

From a critical point of view, CZ’s statement comes off as super-bullish for Bitcoin. In his opinion, the coin’s new price when it moves up gets quickly normalized, giving off the vibe that the crypto’s value is expected to keep rising.

The Binance CEO isn’t the only person who thinks Bitcoin is headed to the moon. Numerous other big shots have shared their bullish sentiments in the recent past, with some expecting the crypto to one day be worth over a million dollars.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69791.36 (+0.07%)
Объем 24H $13.028b
Изменеия 24h: 0.46 %, 7d: 3.59 %
Cегодня L: $69187.9 - H: $69791.36
Капитализация $1375.593b Rank 1
Цена в час новости $ 11729.91 (494.99%)

bitcoin spike gargantuan showing serious signs price

Источник: zycrypto.com

bitcoin spike → Результатов: 126


Bitcoin Crossing $9,500 Could Lead to a “Major Spike”: Analyst Explains Why

Since falling as low as $8,180 on Monday, the day of the halving, Bitcoin has mounted a strong comeback that culminated in a move to $8,900 on Wednesday morning. Although this near 10% bounce from the lows has been impressive, traders believe that BTC could undergo a “major spike” should the ever-important $9,500 level be taken as support by bulls.

2020-5-13 15:00


0x Project Continues Appreciation Week After Coinbase Listing

0x Project, ZRX, became the sixth project listed to Coinbase Pro last week. It was one of the few cryptocurrencies which performed well given last weeks drop. However, it seems like the spike on Monday has spurred investors and traders to want to buy more of this asset with three consecutive days of increases on […] 0x Project Continues Appreciation Week After Coinbase Listing was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-10-18 17:13


Litecoin Will Fly If It Makes The Most Of Social Media

The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.

2018-10-10 16:30


Фото:

Bitcoin Price Watch: Currency No Longer Flirting with Hellish Means

Well, after all the hype and hoopla stemming from bitcoin’s $100 spike roughly 24 hours ago, it appears we’ve been fooled once again. Bitcoin is back down to the $6,500 range, suggesting that the currency has truly found comfort in this area over the past few weeks and isn’t as eager to move as we […] The post Bitcoin Price Watch: Currency No Longer Flirting with Hellish Means appeared first on NullTX.

2018-10-9 20:19


Google, Amazon, Bank of America, Mastercard, IBM and Microsoft Blockchain Patents are Piling Up

Top Big Tech Companies Working On Blockchain The blockchain technology that drives cryptocurrencies has been among the most significant news items in the past three years. With the explosive price spike of Bitcoin last year, the cryptocurrency markets have become the center of financial attention in many parts of the world. But the underlying technology […]

2018-9-21 19:35


Фото:

Voyager Gears Up for Growing Institutional Clientele, Launches New Business Line Called Voyager Institutional

The recent market upheavals did not seem to dampen institutional investor interest in the cryptocurrency industry. With the anticipated spike in demand for crypto assets, crypto firms have been busy lately in gearing up their operations for their growing list of institutional clientele.

2018-9-20 13:40


Фото:

Pump It! BitMEX Maintenance Sparks 1-Minute $300 Bitcoin Price Spike

Bitcoin prices gained $300 in less than one minute August 22 in a leap the cryptocurrency community is broadly attributing to Hong Kong trading platform BitMEX going offline. Bitcoin Hits $6750 In Record Time Data from various price trackers confirms Bitcoin’s increase to $6750 occurred almost simultaneous as BitMEX began a period of scheduled maintenance.

2018-8-22 12:45


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin Price Turns Green: Poised for a Major Upswing

Bitcoin price started a fresh increase above the $70,000 resistance. BTC is showing positive signs and might rise further above the $72,000 resistance in the near term. Bitcoin started a decent increase above the $69,500 and $70,000 resistance levels.

Bitcoin Price Gains Momentum: Bullish Surge Ahead?

Bitcoin price found support at $67,000 and started a fresh increase. BTC climbed above $69,500 and might continue to rise in the near term. Bitcoin started a decent increase above the $68,500 and $69,500 resistance levels.