Lu's "CCTV" report on cryptocurrency sparked discussion! Changpeng Zhao metaphor is a "bull market catalyst"

This article is machine translated
Show original
Let Binance CEO Changpeng Zhao (CZ) call it a "significant development", suggesting that this may be a catalyst for the cryptocurrency bull market.

Zhao Changpeng tweeted yesterday (24th) night that "CCTV" mentioned cryptocurrencies in its news broadcast and attached a link to the video. There has been a lot of discussion in the Chinese currency community.

Changpeng Zhao pointed out that in the past, as long as there were similar reports, it would usually lead to a bull market, but later he stated that he was "not providing investment advice", nor did he say that the past alone could predict the future.

The above-mentioned post immediately attracted netizens to comment: "When there are Chinese people involved, it is not necessarily a bull market, but when there is no Chinese participation, it is definitely not a bull market." Regarding this point, Zhao Changpeng also admitted that he "has no way to refute it."

Compared with Hong Kong, China has always been indifferent to cryptocurrencies. In 2017, it ordered a "ban on cryptocurrency transactions" and has not promoted cryptocurrencies since then. Now "CCTV", which is the policy mouthpiece of the authorities, is also paying attention to cryptocurrencies in Hong Kong The regulatory trend has been interpreted by industry insiders as: China intends to relax the ban on cryptocurrencies.

However, the original "CCTV" news clip shared by Zhao Changpeng has been deleted for some reason, and the page only shows "Sorry, it may be due to the Internet or there is no such page, please try later", but some community members have already backed up the video. Therefore, it is still widely circulated on Twitter.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments