Binance Founder CZ’s Bold Bitcoin Prediction: $1 Million Target This Cycle

Former Binance CEO Changpeng "CZ" Zhao has made his most bullish Bitcoin prediction yet, forecasting a potential surge to between $500,000 and $1 million in the current market cycle. Speaking exclusively at Token 2049 in Abu Dhabi, CZ highlighted structural shifts propelling Bitcoin into its ’institutional phase’ as key drivers for this unprecedented growth.

Binance Founder CZ Predicts Bitcoin Could Reach $1 Million This Cycle

Changpeng "CZ" Zhao, former CEO of Binance, has voiced his most bullish Bitcoin prediction to date, suggesting the cryptocurrency could surge to between $500,000 and $1 million this cycle. Speaking exclusively to Farokh Sarmad on Faroq Radio during Token 2049 in Abu Dhabi, Zhao cited structural shifts driving Bitcoin into its "institutional phase."

Fresh from a four-month U.S. prison sentence, Zhao highlighted three key drivers creating a "reflexive loop" of adoption and price appreciation. While acknowledging the difficulty of pinpointing a market top, his forecast marks a significant escalation from mainstream price targets.

Top Crypto for 2025: BlockDAG, BNB, DOGE & AVAX Poised for Major Moves

The cryptocurrency market is entering a new phase of growth, shifting focus from short-term trends to long-term potential. Investors are eyeing assets with strong fundamentals, market momentum, and early-stage pricing advantages. Among the standout contenders, Binance Coin (BNB) remains a cornerstone of one of the largest crypto ecosystems, while Dogecoin (DOGE) continues to captivate retail investors with its blend of enthusiasm and accessibility.

Avalanche (AVAX) is showing technical breakout potential, but BlockDAG (BDAG) is stealing the spotlight with its presale priced at $0.0019, offering significant upside. These tokens are emerging as leaders for the next bull cycle, combining utility, community support, and strategic positioning.

U.S. Senate Ethics Uproar: Will Trump’s $2B UAE Stablecoin Stall Crypto Bills?

Senators Elizabeth Warren and Jeff Merkley are demanding an ethics review of former President Donald Trump’s $2 billion stablecoin venture, World Liberty Financial (WLF), linked to UAE investment through Binance. The deal has raised concerns about foreign influence and potential constitutional violations, with lawmakers warning it could delay critical crypto legislation until 2025.

The controversy centers on whether the USD1 stablecoin could become a conduit for foreign interference. A May 5 Senate letter highlights "a staggering conflict of interest," intensifying scrutiny over the intersection of political ties and cryptocurrency markets.

VanEck Files for First-Ever US BNB ETF

Asset management giant VanEck has submitted a groundbreaking filing with the U.S. Securities and Exchange Commission to launch the first exchange-traded fund tracking Binance Coin’s performance. The proposed spot BNB ETF would hold the native token of BNB Chain, with optional staking through approved providers.

This move represents a significant milestone in institutional crypto adoption, mirroring the structure of existing Bitcoin and Ethereum ETFs. Approval would grant traditional investors exposure to BNB without the complexities of direct custody—potentially opening new capital flows to the Binance ecosystem.

Bitcoin Quietly Positions Itself as Safe Haven Amid U.S. Economic Uncertainty

Bitcoin is gaining traction as a potential SAFE haven asset as U.S. economic instability reaches record highs. Declining inflows to Binance suggest reduced sell pressure, signaling growing long-term investor confidence.

The cryptocurrency’s resilience stands out as traditional markets waver. With institutional interest simmering, Bitcoin appears to be coiling for its next major breakout—potentially redefining its role in the global flight to safety narrative.

Binance Survey Reveals Strong Cybersecurity Practices Among Asian Users

Over 80% of Binance users in Asia are employing robust cybersecurity measures, according to a recent survey. The findings highlight user education as the most effective tool to capitalize on the growing emphasis on security. Exchange-led scam simulations emerge as a promising solution to democratize anti-fraud knowledge.

Cryptocurrency phishing scams are escalating, with technical safeguards proving insufficient against sophisticated attacks. A recent $330 million Bitcoin heist, executed through social engineering, underscores the urgency for users to take proactive control of wallet security. Binance’s survey provides a snapshot of current user attitudes toward these threats.

Two-factor authentication (2FA) adoption is a clear bright spot, though gaps remain in community preparedness. The exchange emphasized the unambiguous benefits of 2FA while calling for broader awareness campaigns to address vulnerabilities.