location:Best Online Casino - Play Now With Willbet >willbet Football game online >【Wunderino Login】What's Next for Bitcoin? Binance CEO Shares Market Prediction

【Wunderino Login】What's Next for Bitcoin? Binance CEO Shares Market Prediction

【Wunderino Login】What's Next for Bitcoin? Binance CEO Shares Market Prediction
Binance CEO's statement might be Wunderino Loginnot only market prediction but also warning Advertisement What's Next for Bitcoin? Binance CEO Shares Market Prediction

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Binance CEO Richard Teng recently tweeted a prediction about Bitcoin, the first and largest cryptocurrency by market capitalization. Teng anticipates "upward momentum" for Bitcoin, urging both countries and corporations to act now or "risk paying a premium later."

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In a tweet posted to his official X account, Teng stated, "Countries and corporations that buy Bitcoin early will benefit from the upward momentum. Those who delay adoption risk paying a premium later."

Teng's comments come at a time when Bitcoin is gaining traction, with rising institutional demand and growing interest from sovereign wealth funds and nation-states. However, recently, the Bitcoin price has been largely weighed down by macroeconomic concerns, dropping nearly 21% from its all-time high of $109,114 attained in January this year.

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Teng's tweet serves not only as a market prediction but also as a warning: early movers stand to gain the most, while those who delay may risk buying at a much higher cost.

Institutional interest continues to grow

As previously reported by UToday, Bitwise data shows that corporations currently own about 688,000 Bitcoins, or 3.28% of BTC's total supply, which is capped at 21 million coins.

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Strategy remains the clear leader, outperforming other major corporations by a substantial margin.

Last week, Michael Saylor's Strategy purchased an additional $285.8 million in Bitcoin. From April 7 to April 13, Strategy purchased 3,459 Bitcoin at an average price of around $82,618. According to Bloomberg data, the corporation spent $7.79 billion on Bitcoin in the first quarter. Strategy reported nine purchases in the same period.

At press time, Bitcoin was up 0.71% in the last 24 hours to $85,816.