China's state crypto television sent a big deal, says the CEO of Binance
China's state crypto television sent a big deal, says the CEO of Binance
- Changpeng Zhao, CEO von Binance, says China's state cryptocurrency transmission on television is "a big thing".
- He points out that the previous reporting in relation to cryptocurrencies was historically optimistic.
- his comments came when the Bitcoin Prize had difficulties on Wednesday.
Changpeng Zhao, CEO von Binance, popularly known as CZ, says that the broadcast of a crypto segment by China in the state broadcaster China Central Television is "a big thing" and that such programs were previously climbed with a subsequent increase in crypto prices.
According to CZ, the program "in Chinese -speaking communities is a stir" when you consider that the reporting on Bitcoin has led to an increase in crypto prices.
"It is a big business." In the Chinese -speaking communities there is a lot of hustle and bustle, "he said tweeted on Wednesday. " in the past led reports like this to bull runs ."
, however, he found that his comments did not mean that " past predicts the future ." The CEO of Binance, one of the world's greatest crypto supporters, added to a disclaimer that his statements were not financial advice.
Bitcoin features in Chinese television program
, however, it should be remembered that China Bitcoin (again) banned Bitcoin.
as highlighted here on Tuesday, the Bitcoin price rose briefly and reached the resistance area of $ 27,500 when Hong Kong announced that private investors can buy and act Bitcoin and Ethereum on regulated stock exchanges from 1 June.
experts welcomed the announcement of the Hong Kong Securities and Futures Commission (SFC) as a potential turning point for the introduction of cryptocurrencies. With the framework, Hong Kong wants to position itself as a leading crypto and blockchain center and at the same time offer guidelines and rules that aim at better protection of consumers.
Bitcoin has shown no significant response to the latest China-related news and struggled on Wednesday (as of 1:50 p.m. ET) to stay over $ 26,000. According to the data from Coingecko, BTC was $ 26,300, which corresponds to a decline of 3.2 % in the last 24 hours.
Source: Coinlist.me
Kommentare (0)