CZ: Will not return to Binance, the two CEOs are very capable! Also predicts that Bitcoin will enter a super cycle this year.

CryptoCity
TRUMP3,63%
BOX0,67%
BNB0,98%

Binance founder Zhao Changpeng (CZ) has explicitly stated that he has no intention of returning to the company and praised the capabilities of the current team. He is optimistic about the shift in US government policies and predicts that Bitcoin will break the four-year halving cycle in 2026, ushering in a super cycle.

CZ explicitly states: No plans to return to Binance

After US President Trump pardoned Binance co-founder Zhao Changpeng (CZ), there were multiple rumors that he would retake control of Binance. However, CZ recently clarified in an interview with CNBC’s Squawk Box that he has no plans to rejoin Binance, despite previous restrictions being fully lifted.

CZ admitted that in November 2023, he pleaded guilty to anti-money laundering compliance issues and resigned as CEO, subsequently serving four months in prison, which forced him to leave the company he co-founded. This was indeed a painful experience for him at the time.

But after some time of reflection, he believes this is a good opportunity for him to step down after seven years at the helm. CZ emphasized that he currently sees no need to go back, nor does he think returning would be a good idea. He believes the opportunity should be left to other strong leaders to grow.

CZ claims Binance is a passive shareholder and praises the capable leadership of the two CEOs

Regarding Binance’s performance after his departure, CZ pointed out that current CEO Richard Teng and Co-CEO He Yi are very capable. Under their leadership, Binance’s development pace has never slowed, and all growth indicators are excellent.

According to an open letter released by Binance management in December last year, the platform’s global user count has surpassed 300 million, with an astonishing annual total trading volume reaching $34 trillion.

CZ describes his current role as merely a very passive shareholder. He humorously states that the current team does not need a backseat driver who meddles from behind.

If he has any suggestions, he usually chooses to post directly on X (formerly Twitter) to give advice, rather than getting involved in specific company decisions.

Related reports:
Binance launches dual-CEO system! Richard Teng and He Yi team up to aim for 1 billion users

CZ predicts Bitcoin will enter a super cycle this year

When discussing the future trend of the cryptocurrency market, CZ said that although he cannot precisely predict short-term prices, looking five to ten years ahead, the market upward trend is quite clear.

He further expressed a strong feeling that Bitcoin will experience a super cycle in this year (2026).

CZ explained that previously, Bitcoin followed a four-year halving bull-bear cycle, but he has observed significant changes in the overall environment this year.

With the US government adopting a highly supportive stance toward cryptocurrencies, along with many other countries following suit, Bitcoin is expected to break the four-year cycle pattern supported by strong fundamentals.

Additionally, he also revealed that he is currently spending a lot of time consulting with governments worldwide on cryptocurrency regulation and asset tokenization, and he is optimistic that these policy shifts will bring unprecedented opportunities to the industry.

Further reading:
Kyrgyzstan partners with CZ! National stablecoin KGST launched, crypto reserves will include BNB

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Price predictions 4/3: BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA, BCH, LINK

Key points: Buyers are attempting to maintain BTC above the $66,500 level, but several analysts believe that the $60,000 level may crack. Some major altcoins risk breaking below their immediate support levels, signaling that bears remain in control. Buyers are attempting to push an

Cointelegraph13h ago

Upload private, explicit videos as a “nude-lending” cryptocurrency loan? “Hero Loan” targets people cornered with no way out—if they default, they upload OnlyFans.

A product that combines cryptocurrency, adult content, and a high-risk lending mechanism has recently sparked heated discussion in crypto circles and on social platforms. The project, named “Hero Loan,” promotes the slogan “unsecured loans,” but requires users to upload private videos as a condition, and ties default risk to an adult-platform monetization mechanism—prompting many netizens to describe it as “an encrypted version of loan-sharking/porn lending.” The project even uses “If you think this won’t get used, it just means you haven’t reached rock bottom yet” as its promotional tagline, clearly targeting users with high risk and extreme capital pressure. However, shortly after it was exposed, one netizen said they had sent a video but didn’t receive any money; a KOL also responded that the project appears to have rug-pulled. But honestly, a private video is only worth 60 bucks—that’s just too brutal. “Hero Loan” targets people with nowhere left to go According to information on the official website, the product runs on BNB Chain and is positioned for “people who have nowhere left to go—

ChainNewsAbmedia04-03 13:35

BNB Drops Below $591 Amid Rising Global Tensions

Key Insights: BNB extended its three-week decline below $591 as geopolitical tensions reduced risk appetite and pushed investors toward safer assets globally. Derivatives data showed a long-to-short ratio near monthly lows, reflecting growing bearish sentiment and expectations of further

CryptoFrontNews04-03 07:06
Comment
0/400
No comments