BNB
by BSCN
January 15, 2023
CZ took to Twitter to deride Cramer's recent advice on crypto.
Binance CEO, Changpeng Zhao (CZ), took to Twitter on January 14 to call out well-known CNBC talking head Jim Cramer for recent comments about crypto.
The catalyst of CZ’s troll on Twitter came when bitcoin overcame $21,000 on January 13 for the first time since November 2022. Cramer, a popular crypto skeptic, told his audience to get out of crypto on January 9 when bitcoin was hovering around $16-17k. Binance CEO saw this as a nice opportunity to remind the industry of his New Year’s Resolutions: ‘Rule #4: Ignore FUD.’
This is just too accurate now. Cramer posted this on Jan 9, the day before Bitcoin went from 16k to 20k.
— CZ 🔶 Binance (@cz_binance) January 14, 2023
Please continue to FUD crypto! 🙏 https://t.co/pDkk1BnfAr
CZ derided Cramer's prediction as crypto markets made him eat his words again. The popular professional money manager is constantly mocked for his anti-crypto stance and following the inverse strategy of Cramer is often joked about as a more successful endeavor than if you follow his guidance.
The crypto market again surpassed $1 trillion in market capitalization (market cap) this week, according to CoinGecko. The industry has floundered in the doldrums for much of 2022, but initial signs in 2023 are positive. The recent push of the industry appears to be a move back toward the medium that could continue to make Cramer eat his words.
Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.
Website | Twitter | Discord | Telegram |
Latest News
4h : 27m ago
Ondo Finance’s New Blockchain: What is Ondo Chain
4h : 57m ago
Everything You Need to Know About Analog's Official Launch
5h : 57m ago
Telegram Meets AI Agents: TheOpenLayer Partners with NPC Team
7h : 42m ago
Donald Trump-Backed World Liberty Financial Plans to Create "Strategic Reserve"
9h : 12m ago
When Will Pi Launch Open Network Mainnet?
9h : 27m ago
Cboe BZX Files for Multiple Spot XRP ETFs with SEC: What You Need to Know
February 6, 2025
Wow Earn Teams Up with Phoenix Group, Singapore Airlines, and Singapore Tourism Board to Revolutionize Cruise Tourism Through Web3 Integration
February 6, 2025
New BNB Chain Memecoin Surges After CZ Post: “Not An Endorsement”