Binance Founder CZ Advocates Bitcoin Accumulation Amid Record Highs, Views Pullbacks as Buying Opportunities
Binance founder Changpeng Zhao (CZ) has reiterated his long-term bullish outlook on Bitcoin, even as the cryptocurrency reached unprecedented heights, surpassing $120,000. In a tweet on July 11, CZ emphasized that market volatility presents prime opportunities for accumulation, suggesting that the current rally still harbors dips worth capitalizing on. His comments come amid growing institutional interest and macroeconomic factors bolstering Bitcoin's reputation as a hedge against inflation. CZ's stance underscores the enduring potential of Bitcoin, reinforcing the narrative that short-term pullbacks are merely entry points in a broader upward trajectory.
CZ Urges Bitcoin Accumulation Despite Record Highs, Sees Pullbacks as Entry Points
Binance founder Changpeng Zhao reaffirmed his long-term bullish stance on Bitcoin even as the cryptocurrency surged past $120,000 to fresh all-time highs. In a July 11 tweet, CZ framed market volatility as an accumulation opportunity, stating "we are still in one [a dip] now" despite the rally.
Institutional demand and macroeconomic tailwinds continue to drive Bitcoin's legitimacy as an inflation hedge. CZ's comments highlight a strategic shift among crypto veterans—where price corrections are no longer feared but welcomed as buying opportunities in an asset with fixed supply.
The market momentum coincides with growing political acceptance and participation from major financial players. This institutional embrace contrasts with earlier cycles dominated by retail speculation, suggesting Bitcoin's maturation as a macro asset.
Binance Introduces Bonding Curve Feature for Token Launches, Diverging from Pump.fun Model
Binance Wallet unveiled a new token generation model utilizing bonding curves—a mechanism popularized by Solana's Pump.fun. Unlike its decentralized counterpart, Binance's implementation requires project applications for token launches, emphasizing curation over permissionless creation.
The feature, developed with Four.meme, will debut its first token this Wednesday. This contrasts sharply with Pump.fun's daily volume of 10,000+ tokens, where any user can mint assets after minimal onboarding. Binance's approach signals a strategic pivot toward institutional-grade tokenization infrastructure.
Altcoins Show Bullish Momentum as BlockDAG, Aptos, and VeChain Lead Gains
The crypto market is witnessing a resurgence in mid-2025, with altcoins like Aptos and VeChain breaking key resistance levels. Aptos surged 9% in a single day, while VeChain posted a 7.25% gain, signaling strong technical momentum. Both assets are benefiting from growing ecosystem support and bullish chart patterns.
BlockDAG (BDAG) is emerging as the standout performer, attracting investors with its $0.0016 GLOBAL LAUNCH offer and potential for 3,025% returns. The project has already raised $338.5 million, cementing its position as a top choice for long-term growth. VeChain's breakout above $0.022 could pave the way for a 40% rally, with analysts eyeing $0.032 as the next target.
Binance Marks 8th Anniversary with $125 Trillion in Trading Volume and 280 Million Users
Binance, the world's largest cryptocurrency exchange by trading volume, has processed over $125 trillion in digital asset transactions since its 2017 launch. CEO Richard Teng highlighted the platform's dominance, noting a 41% share of global spot trading and 95% control of the decentralized wallet segment with built-in trading features.
The exchange averages 217 million daily spot and futures trades in 2024, while its ecosystem services show remarkable growth. Binance Earn has generated $50 billion in user returns, with Pay processing $230 billion across 300 million transactions. From 2022-2024, the platform saved users $1.75 billion in remittance fees.
Institutional adoption is accelerating, with VIP registrations up 116% and institutional clients growing 97% this year. New products like Fund Accounts and Binance Wealth signal continued expansion beyond Core trading services.
BNB Surges Past $700 with Strong Technicals, $1,000 Target in Sight
Binance Coin (BNB) has breached the $700 resistance level with conviction, trading at $705 amid robust volume and bullish technical indicators. Analysts identify a multi-month breakout structure targeting $1,000, fueled by a combination of RSI momentum, MACD confirmation, and institutional-grade chart patterns.
The rally gained traction after BNB/USDT cleared a key accumulation zone NEAR $684 on Binance's perpetual futures market. Traders executed disciplined breakout strategies, taking partial profits at $699 while maintaining exposure for the $720 resistance test. Market participation metrics show unusually high volume during the ascent, validating the move's sustainability.
Chart specialists highlight the psychological significance of reclaiming early-2024 price levels. The current setup mirrors historical precedents where BNB achieved parabolic advances following compressed consolidation periods. Derivatives data reveals growing institutional interest, with open interest and funding rates supporting continuation patterns.
Uniswap Price Reverses Trend Amid Whale Bet: Is a 100% UNI Rally Imminent?
Uniswap (UNI) is gaining momentum after months of stagnation, fueled by a $25.5 million whale withdrawal from Binance and rising network activity. The token has broken out of a long-term wedge pattern, with Fibonacci targets suggesting a potential rally to $22.27.
A newly created wallet withdrew 2.78 million UNI from Binance on July 14, signaling accumulation for long-term holding. The same entity had previously withdrawn $3.5 million in Compound (COMP), indicating strategic positioning in DeFi tokens. Exchange outflows of this magnitude typically reduce immediate selling pressure.
Network metrics reinforce the bullish case. Active Uniswap wallets and total UNI holders show steady growth, according to Santiment data. The combination of supply consolidation and increasing adoption creates fundamental support for price appreciation.
