Changpeng Zhao (CZ), the co-founder of Binance and former CEO of the world’s largest cryptocurrency exchange, is reportedly aligning himself with President Donald Trump’s policy initiatives following his recent release from a four-month jail sentence. This shift comes as Zhao seeks to navigate the complexities of his situation in the US in light of his legal challenges, including a formal application for a presidential pardon after serving time for violations related to anti-money laundering laws (AML). Will CZ’s Strategy Result? As reported by Crypto in America, Zhao’s foundation, Giggle Academy, has partnered with American Legion Charities to donate $2 million to create a permanent scholarship for the children of fallen and disabled US service members. Per the report, this initiative is particularly timely, coinciding with Trump’s renewed focus on artificial intelligence (AI) and blockchain technology. Related Reading: Is $1 Dogecoin ‚Inevitable‘? Analyst Cites Perfect Storm Of Factors Zhaos’ scholarship program aims to empower students by providing grants of up to $20,000 and features an annual competition that encourages participants to address pressing societal issues with innovative solutions. This aligns with the Trump administration’s broader objectives, which include bolstering America’s position as a global leader in technology and cryptocurrency while supporting veterans and their families. Recently, the president’s administration approved an $832 billion defense funding bill that includes pay raises and enhanced benefits for service members, further underscoring this commitment. Former Binance CEO’s Pardon Application Gains Traction Industry insiders view Zhao’s “philanthropic initiative” as potentially strategic, suggesting that it could be an attempt to gain favor with the president. “CZ knows what he’s doing,” remarked a crypto executive familiar with the landscape. The executive, who chose to remain anonymous when responding to Crypto in America’s inquiries, further stated: For the US to maintain its status as the crypto capital of the world, it needs strong leadership from its top exchanges and entrepreneurs. Moreover, we need a skilled workforce to drive the future economy. Related Reading: Crypto Founder Reveals What Will Drive Ethereum Price To $10,000 Adding to Binance’s former CEO complex situation in the country, recent speculation has emerged regarding his chances of receiving a presidential pardon. CZ has topped crypto-betting platform Polymarket’s leaderboard as the individual most likely to be pardoned by President Donald Trump in 2025, according to recent polls. This narrative gained momentum after Zhao confirmed on a podcast that he had formally applied for a pardon. This came after a tumultuous year in which he faced significant legal hurdles, leading him to leave Binance and relinquish any role in its operations. When writing, the exchange’s native token Binance Coin (BNB) trades at $782, a gap of over 3% from its current record high of $809 reached two days ago. Featured image from CNBC, chart from TradingView.com
Bitcoin’s old four-year rhythm has been upended, according to CryptoQuant CEO Ki Young Ju. He argued on Thursday that the crypto’s cycle is no longer in existence, driven out by big players stepping in. Related Reading: PEPE Sparks Google Frenzy With 300% Surge In Search Interest His latest comments follow a public rethink after he called a market top just a few months ago and got it wrong. Institutional Buyers Rewrite Rules Based on reports, Bitcoin Spot ETFs and corporate treasuries are changing the game. In the first half of the year, treasury companies bought twice as much BTC as the ETFs did. That shows how deep pockets can fill the gap when veteran whales move out. Short sells and panic dumps used to knock prices hard. Now, a growing pool of steady institutional demand comes in right behind those exits. It’s a shift that could reshape Bitcoin’s usual peaks and valleys. #Bitcoin cycle theory is dead. My predictions were based on it—buy when whales accumulate, sell when retail joins. But that pattern no longer holds. Last cycle, whales sold to retail. This time, old whales sell to new long-term whales. Institutional adoption is bigger than we… — Ki Young Ju (@ki_young_ju) July 24, 2025 Ki Young Ju first sounded the alarm in March, when Bitcoin hovered around $83,000. At that time, every on-chain metric pointed down. The bull score hit multi-year lows. BBMC indicators and the MVRV ratio flashed red warnings. Whale liquidations piled up, and many saw a bear market beginning. Market Indicators Flash Early Warnings Support levels stood strong after an April retest. Those same bears had to eat their words when Bitcoin bounced back. By May, prices broke past the January high and surged to $112,000. This month, BTC even hit $123,000 before taking a breather. That quick turnaround forced Young Ju to admit he was wrong—and to thank investors for showing him the mistake. He now says the old cycle theory no longer applies, since institutional players don’t follow the same playbook as retail buyers. Public companies like MicroStrategy (now Strategy) and other treasury-focused firms have become major holders. They treat Bitcoin as a reserve asset. Related Reading: The US Is A Bitcoin Whale—Arkham Clarifies BTC Holdings After Brief Panic ETFs Big Appetite Meanwhile, spot ETFs keep buying almost daily. That dual demand has built a solid floor under prices and given big whales less sway. Retail investors may still buy late and sell early. But now their moves are cushioned by far larger, long-term stakes. Experts See A New Phase Major voices in crypto echo this view. Michael Saylor has declared that the bear market era is no longer here. JAN3 chief executive officer Samson Mow and Binance CEO CZ even project that this cycle could take Bitcoin all the way to $1 million. Other big names in the industry, like ‘Rich Dad Poo Dad’ author Robert Kiyosaki, believe so as well. Those bullish calls come from people who back institutional growth over hype-driven swings. They see big money as a stabilizer rather than a speculator. Featured image from Meta, chart from TradingView
Changpeng Zhao, founder and former CEO of Binance, has urged companies adopting Bitcoin as a treasury asset to fully understand the risks involved with the top crypto. In a June 3 post on X, Zhao acknowledged that risk is an unavoidable part of doing business, but emphasized the importance of assessing and managing it properly. According […]
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Changpeng Zhao, founder and former CEO of Binance, has pushed back against a recent Wall Street Journal (WSJ) article that claims he is acting as a “fixer” for World Liberty Financial (WLFI), a DeFi venture linked to the Donald Trump family. The WSJ report alleged that Zhao facilitated international introductions for WLFI, including engagements in […]
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Binance has asked a US court to dismiss FTX’s $1.76 billion lawsuit, arguing that the case lacks jurisdiction and relies on unsupported allegations. The motion follows FTX’s attempt to claw back funds and blame Binance and its former CEO, Changpeng Zhao, for contributing to its collapse. However, Binance has rejected these claims, calling them speculative […]
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Changpeng Zhao submitted the request weeks ago, citing media reports and after pardons other influential figures in the crypto space were pardoned.
Changpeng Zhao, the founder of Binance, has confirmed that his legal team has submitted a formal request for a presidential pardon from the US government. In a May 5 podcast interview with Farokh Sarmad of Rug Radio, Zhao stated that the decision followed increased media speculation about his potential pursuit of clemency. According to him: […]
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World Liberty Financial (WLFI), the crypto project backed by the Donald Trump family, is accelerating its international expansion plans amid meetings with industry expert Changpeng Zhao, the founder and former CEO of Binance. On April 27, WLFI founders Zach Witkoff, Zak Folkman, and Chase Hero held a high-profile meeting with Zhao in Abu Dhabi. According […]
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Changpeng Zhao has dismissed a Wall Street Journal (WSJ) report suggesting he is discussing an investment deal with the family of US President Donald Trump in Binance.US, the American division of the global Binance crypto exchange. On March 13, Zhao took to X to refute the claims, calling the article an attempt to undermine both […]
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A former cryptocurrency exchange executive remarked that Bitcoin is an inescapable reality, a statement that stirred a discussion within the crypto community. The comment made by the former CEO of Binance, Changpeng Zhao, was a reaction to the report that another American state sought to establish a local version of US President Donald Trump’s proposed Strategic Bitcoin Reserve. Related Reading: 10x Dogecoin: The ‘Secret Window’ You Need To Know, According To This Analyst Bitcoin Reserve Bill The proposal to create a US Strategic Bitcoin Reserve is gaining momentum as several US states passed legislation that seeks to establish a localized version of a BTC reserve and build their crypto portfolio. Satoshi Action Fund posted on its X account that Montana’s proposed House Bill No. 420 which seeks to create a localized Bitcoin reserve has been passed. “Strategic Bitcoin Reserve legislation in Montana passes out of committee and moves onto a House floor vote,” Satoshi Action Fund said. Representative Curtis Schomer sponsored the BTC-related bill. “Montana becomes the 4th state to pass SBR out of committee. Utah, Oklahoma, Arizona, and Montana,” Dennis Porter, CEO and Co-Founder at Satoshi Action Fund, noted on his social media post. ‘No Escape’ With this development, CZ posted his thoughts on the Montana legislation, implying that Bitcoin has become an unavoidable reality while saying, “There is no other choice.” countries or individuals. There is no escape… It’s like, you can’t not use the internet (or money). ????♂️ — CZ ???? BNB (@cz_binance) February 19, 2025 “You can buy bitcoins after the US government is done buying, or before,” CZ said in a post, indicating that buying the firstborn cryptocurrency is inescapable and that it is no longer a debate whether to buy or not but rather when investors should make a purchase. A crypto trader agrees with CZ’s opinion that no one can avoid BTC. “Front-run the biggest buyer in history, or wait until there’s nothing left. The choice isn’t if—it’s when.” The trader added that those late in adopting BTC will have to pay the premium for not making the move earlier. “Countries or individuals. There is no escape… It’s like, you can’t not use the internet (or money),” CZ replies to a crypto streamer who said that other countries are also thinking in the same way Montana did in creating a Bitcoin reserve. BNB Donation In a separate post, CZ emphasized the significance of crypto donations to help other individuals during disasters. The ex-Binance executive shared that his previous donation was returned to him with additional crypto, describing it as something unexpected. Earlier, CZ gave away 150 BNB worth $100,000 to crypto investors who lost their money in a pump-and-dump scheme related to the LIBRA coin, a digital asset that was briefly promoted by Argentina’s president, Javier Milei. Related Reading: Bitcoin Ready For ‘Take Off’—Analyst Reveals Key Signals CZ said that he sent the BNB to a university student, who added $50,000 of his own money to aid the victims. He believes that the student might have earned decent profits on BNB and decided to return the crypto to CZ with a bigger value. Featured image from Finans, chart from TradingView
Changpeng Zhao (CZ), the former Binance CEO, is under scrutiny following the emergence of multiple memecoins named after his dog, Broccoli. On Feb. 13, Zhao revealed his Belgian Malinois dog’s name and photo after multiple requests from community members. While Zhao assured that he would not launch a Broccoli-themed token himself, he hinted at trading […]
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Binance founder Changpeng Zhao, also known as “CZ,” has taken the crypto market by storm after sharing his dog’s name and picture. The announcement sparked the launch of multiple tokens inspired by the pet and was further fueled by BNB Chain’s memecoin launchpad’s name-guessing contest. Related Reading: BNB Flips Solana’s Market Cap Amid Market Retrace – Breakout To $700 Coming? CZ Sparks Memecoin Frenzy On Wednesday, Changpeng Zhao acknowledged the cycle’s memecoin frenzy after an X user asked if he had a dog. The Binance founder revealed he had “not a Shiba Inu, but a Belgian Malinois,” which resulted in the crypto community asking for the name and picture of his dog. CZ inquired about how it would work if he shared the information, asking if people would create memecoins based on the dog, how investors would know which one is the “official” token, and if it even mattered. He joked he would mull whether to “respect his privacy, or dox the dog for the cause,” sparking massive speculation about an official memecoin launch. On Thursday, CZ shared on X that he would officially share his dog’s picture and name at 8:00 PM Dubai time, or 4:00 PM UTC, sending investors into a frenzy over the upcoming post. Community members launched several tokens with the possible names of CZ’s four-legged companion, some reaching up to $60 million in market capitalization. Arkham noted that the two frontrunner tokens on the BNB chain, BROWNIE, and PERRY, significantly surged on Thursday morning. Remarkably, an investor made over $1 million with less than a $12,000 initial in 12 hours. Four.Meme Kicks-Off Token Event BNB Chain’s token launchpad, Four.Meme joined the frenzy, announcing a “CZ Dog Name Meme Token Betting Event.” According to the X post, the tokens with the same then-unknown name of CZ’s dog would be part of a competition. The tokens created today before 4:00 PM UTC would be eligible to participate and “become the next big meme.” The announcement detailed: 30 minutes after CZ’s post, the highest market cap token on Four.Meme wins! The winner’s token will have its tokens in LP revenue regularly burned by Four.Meme! At 4:12 UTC, the Binance founder shared a picture with his dog, Broccoli. The dog was named after the vegetable because he wanted “a name that started with B and has some green in it.” CZ wrote that he and Broccoli bonded over their difficulty socializing, adding that the dog helped him get a “good break” from the “intense negotiations with the DOJ back then.” He also stated that he never imagined his pet would be part of the blockchain ecosystem, adding that there’s “never a dull day in crypto.” Broccoli Immortalized In The Blockchain CZ clarified that he was “just posting” his dog’s pictures and name and not issuing a memecoin himself. He considered it was up to the community whether to launch a token. The BNB foundation “may provide rewards for the top memes on the BNB Chain, giving LP support or other rewards,” but the details are still being discussed. After the “Pet reveal,” the tokens guessing Broccoli’s name plummeted, with the leading memecoin falling from a $22 million market cap to less than $1 million in less than a minute. Related Reading: Bitcoin Finds Price Stability: Reclaiming $101,000 Depends On This Level Meanwhile, the creation of memecoins inspired by CZ pet’s real name spiked, with several BNB Chain and Solana-based tokens flooding DexScreener’s feed. At the time of writing, CZ’s Dog (BROCCOLI), launched a minute after Zhao’s post, has become the largest gainer. The memecoin reached a $300 million market capitalization minutes after being created and is currently trading at $0.0745, with a $75 million market cap. The winning token of the Four.Meme contest is yet to be announced. Featured Image from Unsplash.com, Chart from TradingView.com
The newly launched crypto task force could help " facilitate the potential resolution of this case," the court filing said.
YZI Labs, the rebranded Binance Labs, led a $16 million funding round into token airdrop startup Sign.
Binance Labs has officially rebranded as YZi Labs and expanded its investment scope to include artificial intelligence (AI) and biotechnology, according to a Jan. 23 statement shared with CryptoSlate. YZi Labs aims to foster groundbreaking projects in Web3, AI, and biotech while identifying potential synergies across these sectors. The firm hopes to drive meaningful innovation […]
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The former venture capital arm of Binance will become the family office of CZ and Binance co-founder Yi He, Bloomberg reported.
The former venture capital arm of Binance will become the family office of CZ and Binance co-founder YI He, Bloomberg reported.
Malaysia is reportedly exploring cryptocurrency regulations after its prime minister held discussions with Abu Dhabi leaders and Binance founder Changpeng Zhao.
The Supreme Court has denied a petition to review a lower court decision that securities laws applied to Binance.
Binance Labs has announced a major rebranding initiative alongside an expanded investment strategy for the coming year. In a Dec. 31 statement, the company stated that its investments over the past year were equally split between infrastructure and application-focused initiatives. It supported projects across DeFi, AI, the Bitcoin ecosystem, gaming, and emerging technologies like restaking […]
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The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market.
The former Binance CEO said that the Chinese government's lack of transparency overall made it difficult to predict any crypto policies.
In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in a form more acceptable to the court.
The US commodities regulator recovered $12.7 billion in the FTX case, which was the “largest recovery for victims and sanctions in CFTC history.”
The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities.
Former Binance CEO Changpeng Zhao has hinted at his willingness to receive a pardon from President-elect Donald Trump. In a Dec. 2 post on X, Zhao said that while he has no plans to return as Binance’s CEO, he would welcome such a gesture from the President. He stated: “No wish to be CEO again. […]
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Binance founder Changpeng Zhao has shared concerns over the growing hype surrounding memecoins while urging to develop more utility-driven tokens. In a Nov. 26 post on X (formerly Twitter), Zhao acknowledged the popularity of memes but expressed unease over their current direction, describing them as “a little weird.” According to him, most memecoins lack real-world […]
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Changpeng Zhao urges the crypto world to prioritize real blockchain solutions over memecoins, highlighting the shift in market dynamics.
The social media account of a well-known educational platform was reportedly targeted in a cyberattack, leading to its unauthorized compromise. Related Reading: Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval Giggle Academy founder Changpeng Zhao told followers of Giggle Academy to be cautious in dealing with their X account, confirming that their […]
The estate of bankrupt crypto exchange FTX filed a lawsuit against Binance and its former CEO, Changpeng Zhao, for alleged fraudulent transfers and starting a campaign to “destroy” its competitor. The $1.8 billion legal action follows another 23 lawsuits filed last Friday to claw back part of the ill-spent funds. Related Reading: Cardano Founder Reveals […]