{"id":537767,"date":"2023-06-13T21:30:10","date_gmt":"2023-06-13T21:30:10","guid":{"rendered":"https:\/\/ktsl888.com\/?p=537767"},"modified":"2024-06-11T08:04:42","modified_gmt":"2024-06-11T08:04:42","slug":"binance-ceo-controversial-move-selling-bitcoin-to-save-bnb","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/","title":{"rendered":"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The ongoing crackdown by the US Securities and Exchange Commission (SEC) on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The SEC recently filed a lawsuit against Binance.US, which has resulted in a significant decline in the value of Binance Coin (BNB). BNB has dropped more than 23% in the last week alone, currently trading at $238.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-bears-set-their-sights-on-next-downside-target-if-1700-support-breaks\/\" target=\"_blank\" rel=\"noopener \">Ethereum Bears Set Their Sights On Next Downside Target If $1,700 Support Breaks<\/a><\/div>\n<h2><span style=\"font-weight: 400\">Binance CEO&#8217;s Bitcoin Sell-Off<\/span><\/h2>\n<p><span style=\"font-weight: 400\">As reported by <\/span><a href=\"https:\/\/ktsl888.com\/analysis\/bnb\/binance-coin-bnb-at-risk-200-million-liquidation-looms\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">NewsBTC<\/span><\/a><span style=\"font-weight: 400\">, BNB is facing a potentially catastrophic situation after an exploit on the Binance Smart Chain&#8217;s Binance Bridge. The exploit could liquidate $200 million on Venus Decentralized Autonomous Organization (DAO) if the BNB price drops to $220.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Given these developments, reports now suggest that Binance and its CEO, Changpeng Zao, sell spot Bitcoin (BTC) to prevent BNB from falling to $220. This move has been taken to defend against the liquidation of BNB at this key level, but it also capped the upside potential of Bitcoin.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The practice of selling spot Bitcoin to purchase BNB is known as a &#8220;liquidation waterfall,&#8221; it is a common tactic used by exchanges to protect their users from significant losses. As spot Bitcoin is sold off, BNB is purchased, which helps to defend the $220 liquidation level. However, this also puts a cap on the upside potential of Bitcoin as the selling pressure on Bitcoin increases.<\/span><\/p>\n<p><a href=\"https:\/\/twitter.com\/JW100x\/status\/02821891?s=20\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">According <\/span><\/a><span style=\"font-weight: 400\">to the crypto trader \u201cJW\u201d, Binance and CZ have been selling spot Bitcoin at an alarming rate to support BNB, as seen in the chart above, which has resulted in the decline of Bitcoin&#8217;s value. While this move may help defend against the liquidation of BNB, it can potentially negatively impact the wider cryptocurrency market.<\/span><\/p>\n<figure id=\"attachment_537769\" aria-describedby=\"caption-attachment-537769\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-537769\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/Fyg5t-5WYAUl8_O.jpg?resize=860%2C456\" alt=\"Binance\" width=\"860\" height=\"456\"><figcaption id=\"caption-attachment-537769\" class=\"wp-caption-text\">Binance&#8217;s Bitcoin sell-off heatmap. Source: <a href=\"https:\/\/twitter.com\/JW100x\/status\/02821891?s=20\" target=\"_blank\" rel=\"noopener nofollow\">JW on Twitter.<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">In addition, despite positive economic news from the US, Bitcoin is struggling to break through its newly formed resistance at $26,400 and is currently trading at $25,800. The US Consumer Price Index indicates that the country&#8217;s inflation is slowing down, creating a more \u201crelaxed\u201d economic environment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, concerns over regulatory crackdowns and alleged selling pressure from Binance and its CEO are mounting, resulting in selling pressure preventing the largest cryptocurrency from continuing its bullish trend.<\/span><\/p>\n<h3><span style=\"font-weight: 400\">Bitcoin Analyst Anticipates Drop To $24,000<\/span><\/h3>\n<p><a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/53838599?s=20\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">According <\/span><\/a><span style=\"font-weight: 400\">to cryptocurrency analyst Michael Van de Poppe, Bitcoin is currently facing a crucial resistance level at $26,400 and has been unable to break through it. As a result, Van de Poppe expects the markets to drop into the Federal Open Market Committee (FOMC) meeting, which is scheduled for tomorrow.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Van de Poppe&#8217;s analysis suggests that Bitcoin&#8217;s price may experience some downward pressure in the short term. However, he also sees this as an opportunity for traders to buy into the market at a lower price point.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/shiba-inu\/whale-accumulates-1-5-trillion-shib-sparking-surge\/\" target=\"_blank\" rel=\"noopener \">Crypto Frenzy: Whale Accumulates 1.5 Trillion SHIB, Sparking Surge In Price<\/a><\/div>\n<p><span style=\"font-weight: 400\">The area around $24,500-$25,000 is a significant support level, and if Bitcoin&#8217;s price drops to this mark, it could present an attractive buying opportunity for investors.<\/span><\/p>\n<figure style=\"width: 1813px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/o0goO1Es\/\" alt=\"Binance\" width=\"1813\" height=\"858\"><figcaption class=\"wp-caption-text\">Bitcoin continues its sideways price action after a failed attempt to breach the $26,400 resistance on the 1-day chart. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/7W2R5XTA\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Featured image from iStock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The ongoing crackdown by the US Securities and Exchange Commission (SEC) on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0 The SEC recently filed a lawsuit against Binance.US, which has resulted in a significant decline in the value of Binance Coin (BNB). BNB has dropped more than 23% in the last week alone, currently trading at $238. Related Reading: Ethereum Bears Set Their Sights On Next Downside Target If $1,700 Support Breaks Binance CEO&#8217;s Bitcoin Sell-Off As reported by NewsBTC, BNB is facing a potentially catastrophic situation after an exploit on the Binance Smart Chain&#8217;s Binance Bridge. The exploit could liquidate $200 million on Venus Decentralized Autonomous Organization (DAO) if the BNB price drops to $220. Given these developments, reports now suggest that Binance and its CEO, Changpeng Zao, sell spot Bitcoin (BTC) to prevent BNB from falling to $220. This move has been taken to defend against the liquidation of BNB at this key level, but it also capped the upside potential of Bitcoin. The practice of selling spot Bitcoin to purchase BNB is known as a &#8220;liquidation waterfall,&#8221; it is a common tactic used by exchanges to protect their users from significant losses. As spot Bitcoin is sold off, BNB is purchased, which helps to defend the $220 liquidation level. However, this also puts a cap on the upside potential of Bitcoin as the selling pressure on Bitcoin increases. According to the crypto trader \u201cJW\u201d, Binance and CZ have been selling spot Bitcoin at an alarming rate to support BNB, as seen in the chart above, which has resulted in the decline of Bitcoin&#8217;s value. While this move may help defend against the liquidation of BNB, it can potentially negatively impact the wider cryptocurrency market. In addition, despite positive economic news from the US, Bitcoin is struggling to break through its newly formed resistance at $26,400 and is currently trading at $25,800. The US Consumer Price Index indicates that the country&#8217;s inflation is slowing down, creating a more \u201crelaxed\u201d economic environment.\u00a0 However, concerns over regulatory crackdowns and alleged selling pressure from Binance and its CEO are mounting, resulting in selling pressure preventing the largest cryptocurrency from continuing its bullish trend. Bitcoin Analyst Anticipates Drop To $24,000 According to cryptocurrency analyst Michael Van de Poppe, Bitcoin is currently facing a crucial resistance level at $26,400 and has been unable to break through it. As a result, Van de Poppe expects the markets to drop into the Federal Open Market Committee (FOMC) meeting, which is scheduled for tomorrow.\u00a0 Van de Poppe&#8217;s analysis suggests that Bitcoin&#8217;s price may experience some downward pressure in the short term. However, he also sees this as an opportunity for traders to buy into the market at a lower price point.\u00a0 Related Reading: Crypto Frenzy: Whale Accumulates 1.5 Trillion SHIB, Sparking Surge In Price The area around $24,500-$25,000 is a significant support level, and if Bitcoin&#8217;s price drops to this mark, it could present an attractive buying opportunity for investors. Featured image from iStock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":537768,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[10768,86864,428,679,78790],"class_list":["post-537767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance","tag-binance-coin-bnb","tag-bitcoin","tag-bitcoin-price","tag-btcusdt"],"acf":[],"yoast_head":"\n<title>Binance CEO Controversial Move: Selling Bitcoin To Save BNB?<\/title>\n<meta name=\"description\" content=\"The ongoing crackdown by the US SEC on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?\" \/>\n<meta property=\"og:description\" content=\"The ongoing crackdown by the US SEC on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-13T21:30:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:04:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301\" \/>\n\t<meta property=\"og:image:width\" content=\"2304\" \/>\n\t<meta property=\"og:image:height\" content=\"1301\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?\",\"datePublished\":\"2023-06-13T21:30:10+00:00\",\"dateModified\":\"2024-06-11T08:04:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/\"},\"wordCount\":561,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301\",\"keywords\":[\"Binance\",\"Binance Coin (BNB)\",\"bitcoin\",\"bitcoin price\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/\",\"url\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/\",\"name\":\"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301\",\"datePublished\":\"2023-06-13T21:30:10+00:00\",\"dateModified\":\"2024-06-11T08:04:42+00:00\",\"description\":\"The ongoing crackdown by the US SEC on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301\",\"width\":2304,\"height\":1301,\"caption\":\"Bull and bear, symbols of stock market trends. Hand-drawn editable vector illustration with elements as separate objects.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/ktsl888.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?","description":"The ongoing crackdown by the US SEC on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/","og_locale":"en_US","og_type":"article","og_title":"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?","og_description":"The ongoing crackdown by the US SEC on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0","og_url":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-06-13T21:30:10+00:00","article_modified_time":"2024-06-11T08:04:42+00:00","og_image":[{"width":2304,"height":1301,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?","datePublished":"2023-06-13T21:30:10+00:00","dateModified":"2024-06-11T08:04:42+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/"},"wordCount":561,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301","keywords":["Binance","Binance Coin (BNB)","bitcoin","bitcoin price","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/","url":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/","name":"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301","datePublished":"2023-06-13T21:30:10+00:00","dateModified":"2024-06-11T08:04:42+00:00","description":"The ongoing crackdown by the US SEC on the crypto industry has taken a toll on one of the largest exchanges in the market, Binance.\u00a0","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301","width":2304,"height":1301,"caption":"Bull and bear, symbols of stock market trends. Hand-drawn editable vector illustration with elements as separate objects."},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/ktsl888.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?","url":"http:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["binance","binance coin (bnb)","bitcoin","bitcoin price","btcusdt"],"dateCreated":"2023-06-13T21:30:10Z","datePublished":"2023-06-13T21:30:10Z","dateModified":"2024-06-11T08:04:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Binance CEO Controversial Move: Selling Bitcoin To Save BNB?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/binance-ceo-controversial-move-selling-bitcoin-to-save-bnb\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/iStock-186295282-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/iStock-186295282-1.jpg?fit=2304%2C1301\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"binance\",\"binance coin (bnb)\",\"bitcoin\",\"bitcoin price\",\"btcusdt\"],\"dateCreated\":\"2023-06-13T21:30:10Z\",\"datePublished\":\"2023-06-13T21:30:10Z\",\"dateModified\":\"2024-06-11T08:04:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/06\/iStock-186295282-1.jpg?fit=2304%2C1301","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/537767"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=537767"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/537767\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/537768"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=537767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=537767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=537767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}