Former Binance CEO CZ predicts Bitcoin will “go to the moon,” citing utility and nation-state adoption potential. Last week, Bitcoin surged to a new all-time high of $103,650. However, the momentum quickly waned as bearish activity drove the price downward. Over the last 24 hours, Bitcoin’s value fell 1.3% to $98,978, though it remains up 4.19% over the past week. Amid this volatility, notable industry figures, including Changpeng Zhao, the former CEO of Binance, and MicroStrategy’s Michael Saylor, have weighed in on Bitcoin’s future trajectory. Bitcoin as the Future of Money During a recent discussion, Zhao addressed Bitcoin’s evolving role, emphasizing its utility beyond an investment a
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