Bitcoin 
$86,989.86 It is at $92 thousand and at the time of writing, cryptocurrencies are counting the minutes until the US market opening. Meta is rising today as Metaverse announced it will cut spending, which is supportive for the stock market. It’s extremely painful for the Metaverse story. On the other hand, CZ made important statements at Binance Blockchain Week.
Binance, CZ and Trump
The world’s most powerful cryptocurrency exchange in terms of volume Binance most investors with altcoins He helped her meet him. Although the team used the gray areas very well in an environment where there were no crypto regulations, they opened a clean page afterward, but contributed greatly to crypto’s rise to where it is today.
CZ touched upon some important issues in his statements today, in summary:
- Changpeng Zhao thinks holding Bitcoin is one of the best strategies and outperforms startups by 99%.
- CZ emphasized that he has no cooperation with the Trump family.
- CZ said he does not believe Binance should return to daily operations and that BNB He stated that he also contributed to the development of the blockchain ecosystem.
So, after Trump’s pardon, CZ is not returning to the stock market. Instead, Yi He will serve in the same role alongside CZ’s replacement CEO. Although he did not return to the Binance exchange, CZ returned to cryptocurrencies.
Although he hinted that he would focus on the education platform after being released from prison and would not show as much interest in crypto as before, today he talks about cryptocurrencies more than the education platform. CZ is someone who is loved and respected in this field, so it is good that he turned to crypto. Especially what he did during the launch of Aster was exactly reminiscent of the old days. Zhao, who openly supported ASTER, helped it multiply its price. Of course, this support also increased the on-chain mobility of the BSC ecosystem.
Aster Coin
ready topic to Aster While we’re at it, let’s take a quick look at what’s going on. First of all, it is not as popular as it used to be and the price has fallen to levels it has not seen in 27 days this month. The altcoin, which regained the $ 1 threshold after bottoming at $ 0.88, may test the resistances of $ 1.15 and $ 1.28. The $1.39 and $1.58 highs must be surpassed for the new ATH.
What is the situation on the on-chain side? Total Value Locked (TVL) has fallen from a peak of over $2 billion to $1.35 billion and is recovering well for now. Liquidity and Fee revenues have weakened, but the decline does not continue.
on-chain It may be considered positive that the decline has stopped, but we are far from the exciting figures of the launch days. (Source: Definition Data)
