Binance CEO CZ More Bullish On Bitcoin, Here's Why
Binance CZ On Bitcoin Utility Bitcoin ’s utility has been growing over the years as more merchants and service providers accept Bitcoin as a form of payment. Additionally, there has been an increase in Bitcoin futures and options, lending platforms, and decentralized finance (DeFi) applications. The SEC’s approval of the Volatility Shares 2x Bitcoin Strategy ETF (BITX) increases Bitcoin ’s utility as an investment asset is expanding. advertisement CZ took to twitter saying- Bitcoin price fluctuates. Its utility is steadily increasing. Amidst the positive developments, CoinGape reported allegations that emerged concerning Binance and its CEO, CZ around the sale of spot Bitcoin in a “liquidation waterfall” strategy which he later refuted. Recently, Binance announced its progress on integrating the Bitcoin Lightning Network for faster deposits and withdrawals. Read More… Recommended Articles ...