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BTC $69,478.63 -0.57%
ETH $2,029.53 +0.40%
BNB $645.03 +0.45%
XRP $1.42 -4.56%
SOL $81.67 -4.53%
TRX $0.2795 -0.47%
DOGE $0.0974 -3.83%
ADA $0.2735 -4.22%
BCH $454.34 +0.38%
LINK $8.64 -2.97%
HYPE $28.98 -1.81%
AAVE $122.61 -3.42%
SUI $0.9138 -6.63%
XLM $0.1605 -4.62%
ZEC $260.31 -8.86%

did

CZ responds to FUD: Binance did not sell $1 billion worth of Bitcoin, the SAFU fund will gradually buy Bitcoin over the next 30 days

CZ issued a response stating that over the past two days, some rather imaginative FUD has been observed, and he clarified each point:Regarding a circulating Polymarket screenshot that asked, "Will someone throw something at CZ's face during the crypto event in 2026," CZ stated that this event does not exist on Polymarket or any prediction market, and there is no so-called $7 million trading volume; the related screenshot is fabricated.On the claim that "CZ canceled the super cycle," CZ bluntly said this is an overinterpretation. He only mentioned that he is "not as confident as before."Concerning the rumor that "Binance sold $1 billion in Bitcoin," CZ clarified that it was Binance users who sold, not Binance itself. Changes in Binance wallet balances typically occur only when users withdraw funds; many users still keep their assets on Binance as a wallet after trading.Additionally, in response to the doubts about the SAFU fund not buying BTC, CZ stated that Binance has clearly mentioned it will complete the conversion within 30 days, suggesting that Binance's initial plan might be to gradually complete the purchases within these 30 days; then, close to the end of the 30 days, or on a weekly basis, transfer the funds to the corresponding addresses. Of course, it is impossible to see them buying through DEX. Considering Bitcoin's market cap of about $1.7 trillion, the impact of buying $1 billion in Bitcoin in batches over 30 days on the Bitcoin price and whether it enhances market confidence is left for the market to judge.

Rick Rieder, a leading candidate for the Federal Reserve Chair, manages BlackRock's $2.4 trillion in assets and is regarded as the person who understands the bond market best in the United States

According to Fortune, in the past two weeks, Rick Rieder's odds of becoming the next Federal Reserve Chair on Polymarket have surged to nearly 50%, clearly leading over the second-ranked Kevin Warsh (29%) and the third-ranked Christopher Waller (6%). Rieder's career has been almost entirely on the front lines of the global bond market, working as a trader and asset manager, deeply involved in the market, interpreting and profiting from central bank policy signals. Simply put, no one understands the bond market better than Rick Rieder. And in Trump's policy decision-making, nothing is more important than "whether the bond market is up or down."Currently, Rieder is responsible for BlackRock's global fixed income business, managing up to $2.4 trillion, which accounts for about one-sixth of the $14 trillion in assets under management at the world's largest asset management firm. A former CEO who worked with Rieder described him as "extremely personable" and stated that Rieder "has a very good understanding of how the market operates and is able to maintain independent judgment."If Rieder takes over as Federal Reserve Chair in May, he will face extremely daunting challenges. His stance on the federal funds rate has long been clear and is more aligned with Trump's camp. In an interview with CNBC on January 12, Rieder stated, "The Fed needs to lower rates to 3% (currently 3.50%--3.75%), which I believe is closer to a balanced level." The problem is that the Fed is currently implementing two policies that could potentially raise inflation. In mid-December last year, the central bank reversed its previous quantitative tightening (QT) policy. Additionally, the Fed is also reducing the amount of reserves that banks must hold at the central bank.
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