- Binance’s CEO isn’t fazed by the crypto winter; he says bitcoin isn’t dead yet.
- Ripple’s CEO supports CZ’s claims and highlights the industry’s resilience during adverse times.
Recently, Chinese-Canadian business mogul and Binance CEO, CZ, calmed down speculations that Bitcoin is dead. CZ said the current crypto winter hadn’t reduced the active participation of Bitcoin community members. Instead, CZ reiterated that the leading digital asset remains active and alive.
He added that it would remain so for the foreseeable future regardless of naysayers and macroeconomic market conditions. On Sunday, CZ tweeted, “Bitcoin isn’t dead; we are still here.” His tweet is a reference to the current dip in the crypto space, which has negatively impacted the prices of digital assets.
Also, his tweet was to calm the fud (fear, uncertainty, and doubt) surrounding the crypto market following the recent collapse of the FTX crypto exchange.
#bitcoin is not dead. We are still here.
— CZ