CandleFocus Bitcoin and BNB see gains up to 3% as CZ makes first tweet post-release
2024-09-28
Author: Content Editor
Former Binance CEO Changpeng Zhao (CZ) made his return to social media after serving a four-month sentence for AML program failures at Binance. His tweet coincided with a significant market uptick for Bitcoin and Binance Coin (BNB), with both cryptocurrencies seeing a 3% increase in price. Analysts predict a strong bull rally in Q4 2024, citing Bitcoin's surge above $65,000 and increased interest in altcoin speculation. Despite his legal troubles, CZ's return to social media was met with positive engagement, indicating continued interest in his perspective and influence in the crypto sector. CZ remains a significant shareholder in Binance, holding approximately 64% of the total BNB supply.
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