BTC $83,174.57 -1.44%
ETH $2,670.82 -0.16%
BNB $759.60 -2.23%
XRP $1.48 -2.10%
SOL $117.50 -3.21%
TRX $0.3356 +0.71%
DOGE $0.0927 -3.25%
ADA $0.2430 -3.66%
BCH $307.06 -7.30%
LINK $15.06 +8.21%
HYPE $86.69 -5.08%
AAVE $145.71 -4.95%
SUI $1.13 -8.91%
XLM $0.2248 +4.80%
ZEC $1,457.07 -8.13%
AAPL $338.58 -0.39%
AMZN $246.56 -1.12%
GOOGL $342.62 -0.29%
MSFT $510.72 -1.18%
META $717.90 -4.05%
NVDA $229.46 +2.21%
TSLA $358.38 -3.91%
SNDK $1,713.91 -3.39%
INTC $116.10 -6.01%
SPCX $146.03 -2.30%
MU $1,055.08 -3.13%
AMD $609.16 -3.38%
BTC $83,174.57 -1.44%
ETH $2,670.82 -0.16%
BNB $759.60 -2.23%
XRP $1.48 -2.10%
SOL $117.50 -3.21%
TRX $0.3356 +0.71%
DOGE $0.0927 -3.25%
ADA $0.2430 -3.66%
BCH $307.06 -7.30%
LINK $15.06 +8.21%
HYPE $86.69 -5.08%
AAVE $145.71 -4.95%
SUI $1.13 -8.91%
XLM $0.2248 +4.80%
ZEC $1,457.07 -8.13%
AAPL $338.58 -0.39%
AMZN $246.56 -1.12%
GOOGL $342.62 -0.29%
MSFT $510.72 -1.18%
META $717.90 -4.05%
NVDA $229.46 +2.21%
TSLA $358.38 -3.91%
SNDK $1,713.91 -3.39%
INTC $116.10 -6.01%
SPCX $146.03 -2.30%
MU $1,055.08 -3.13%
AMD $609.16 -3.38%

influence

All
Article
Flash

Zhao Changpeng: There is no ability to influence the price of the cryptocurrency market; posting and the timing of positive news are purely coincidental

Binance founder Zhao Changpeng stated during the podcast "When Shift Happens" that he remains bullish on Bitcoin but denies having the ability to influence the price of the entire crypto market. Previously, on August 19, when Bitcoin was around the $60,000 range, Zhao Changpeng posted that if one wants their future self to thank today's decisions in two years, immediate action is needed. This post was interpreted by the market as a hint to buy Bitcoin, and in the following days, the crypto market rose by about 20%.Zhao Changpeng responded that he does not have the ability to drive the entire market price. He stated that he has always been bullish on the crypto industry, and almost all of his posts have a bullish tendency, posting 5 to 10 times a day, so it is not surprising that one of his posts coincidentally appeared before positive news.Zhao Changpeng mentioned that about 5 hours after the post was published, Trump gave a relatively positive speech about the crypto industry, mentioning the push for Hyperliquid to enter the U.S. market, but he did not know the content of the speech in advance. He emphasized that if he had any information that could affect the market, he would not post about it. Therefore, the post and the subsequent market rise were merely a coincidence in timing.Regarding the Bitcoin cycle, Zhao Changpeng stated that the crypto market has roughly followed a four-year cycle to date. At that time, some speculated that Bitcoin might bottom out in October, but he believes there is no need to wait until October to express a bullish view.

Zhao Changpeng: The correction in the cryptocurrency market is influenced by the diversion of funds to AI, geopolitical situations, and cyclical factors

According to CoinDesk, Binance founder Zhao Changpeng stated that the significant decline in the crypto market in the first half of 2026 does not have a single cause. Geopolitical tensions, investors shifting funds to AI, and the typical four-year cycle of crypto may collectively lead to the continued decline of Bitcoin and other crypto assets. Bitcoin reached a historical high of over $126,000 last October and has since fallen by about 50%. At the beginning of this year, Bitcoin opened near $89,000, briefly rose to just above $96,000, and then dropped to around $60,000.In the long term, the crypto industry will continue to develop, and the demand for fintech will increase as the number of transactions continues to rise, so they are not concerned about the industry itself or short-term price fluctuations. They stated that emerging industries like AI are absorbing "hot money" from the crypto sector, but in the long run, this could be a positive factor. When discussing prediction markets, Zhao Changpeng mentioned that the rapid growth of prediction markets as tools for price discovery and liquidity is a good thing for the public.Regarding regulation, Zhao Changpeng stated that separate bills like the U.S. Clarity Act are important but more tactical matters that will not determine the long-term growth of the crypto industry. He hopes the Clarity Act can pass and believes that if U.S. legislation is delayed, other countries may take the lead in advancing rule-making.Zhao Changpeng also mentioned that if the U.S. Democratic Party regains control of at least one chamber of Congress after the midterm elections, there may be a review of Trump's support for the crypto industry and his pardons for crypto executives. Zhao Changpeng stated he "has nothing to hide" and is willing to cooperate if relevant parties seek information. When discussing political influence, Zhao Changpeng said he tries to stay away from U.S. politics but believes that any anti-crypto individuals may now lose a significant number of votes.
app_icon
ChainCatcher Building the Web3 world with innovations.