{"id":548773,"date":"2023-08-25T01:00:02","date_gmt":"2023-08-25T01:00:02","guid":{"rendered":"https:\/\/ktsl888.com\/?p=548773"},"modified":"2024-06-11T08:14:25","modified_gmt":"2024-06-11T08:14:25","slug":"cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/","title":{"rendered":"CZ Breaks Silence, Refutes Binance’s Bitcoin Dumping Allegations To Safeguard BNB"},"content":{"rendered":"

In <\/span>response <\/span><\/a>to mounting speculation and accusations circulating within the crypto community, Binance CEO Changpeng Zhao (CZ) has addressed allegations of a significant sell-off of Bitcoin (BTC) by Binance. These allegations have been linked to a 7% BTC price drop.\u00a0<\/span><\/p>\n

CZ took to Twitter to respond, reposting a <\/span>thread <\/span><\/a>by a user named ZkHopium, who provided a detailed analysis debunking the claims and highlighting the fundamental basis of the situation.<\/span><\/p>\n

Related Reading: Shiba Inu Burn Tracker Unveils SHIB Association, What Is It About?<\/a><\/div>\n

CZ Debunks Allegations Of Bitcoin Dumping<\/span><\/h2>\n

The thread by ZkHopium sheds light on the events surrounding the Binance Coin (BNB) liquidation on Venus Protocol. It explains that the exploit occurred on October 6th, 2022, on the Binance Smart Chain (BSC), creating 2 million BNB.\u00a0<\/span><\/p>\n

Of this amount, 900,000 BNB were deposited on Venus Protocol to borrow approximately $150 million worth of USDT and USDC. In response, the BNB chain burned more than 2 million BNB, equivalent to around $550 million at the time, effectively removing these tokens from circulation.<\/span><\/p>\n

To facilitate the liquidation process, Venus Protocol passed a governance proposal, designating BNB Chain as the sole liquidator for the loan. BNB Chain then funded the liquidator’s wallet with 30 million BUSD in December 2022, an additional 30 million USDT in June 2023, and another 30 million USDT on August 21, 2023.<\/span><\/p>\n

The liquidation mechanism of Venus Protocol involves a collateral factor or liquidation threshold. When triggered, liquidators can gradually liquidate up to 50% of the collateral, receiving an additional 10% worth of liquidated collateral as fees.\u00a0<\/span><\/p>\n

ZkHopium’s analysis highlights several significant factors that make this case unique. Firstly, only one liquidator is not incentivized to engage in market dumping. Secondly, the liquidations are performed manually, without the involvement of bots front-running the process.\u00a0<\/span><\/p>\n

Lastly, given the substantial loan size, the liquidation tranches are expected to be much lower than the 50% threshold.<\/span><\/p>\n

Addressing the allegations, CZ expressed his appreciation for the detailed research presented by ZkHopium and emphasized the \u201cinsignificance\u201d of a $30 million liquidation’s impact on Bitcoin\u2019s price.\u00a0<\/span><\/p>\n

CZ stated that Binance does not issue BTC and that most rewards are given in BNB. He highlighted that the alleged fear of a significant BTC price impact is unfounded, as $30 million represents less than 0.001% of BTC’s daily trading volume.<\/span><\/p>\n

\"Bitcoin\"
BNB’s uptrend on the daily chart recovered higher levels after dropping to the $204 line. Source: BNBSUDT on TradingView.com<\/a><\/figcaption><\/figure>\n

At the time of writing, BNB is trading at $217, as the chart above indicates. However, it has experienced a marginal decline of 0.2% over the past 24 hours.<\/span><\/p>\n

BTC Hovers Around $26,000 Amid Minor Dip<\/span><\/h2>\n

The largest cryptocurrency in the market by market cap, Bitcoin, currently valued at $26,000, has remained relatively stagnant, experiencing a decline of 2.4% after briefly touching the $26,700 mark.\u00a0<\/span><\/p>\n

Despite the current low levels of volatility, Keith Alan, co-founder of the research and analysis firm Material Indicators, has <\/span>noted <\/span><\/a>the following regarding the market situation:\u00a0<\/span><\/p>\n

Economic reports released this morning did not significantly impact volatility; however, they will contribute to the narrative influenced by Jerome Powell’s upcoming speech at Jackson Hole on Friday.<\/span><\/p><\/blockquote>\n

As anticipation builds for Federal Reserve Chairman Jerome Powell’s comments at the Jackson Hole Symposium, the Bitcoin market is beginning to show signs of increased activity. <\/span><\/p>\n

Keith Alan suggests that the economic reports, although not immediately affecting volatility, will shape Powell’s narrative during his speech.\u00a0<\/span><\/p>\n

Related Reading: Algorand Stuck At Bearish Price Level \u2013 Can Bulls Reverse Path?<\/a><\/div>\n

This anticipation will likely lead to heightened volatility as the BTC market approaches the weekend. Traders and investors are bracing themselves for potential market fluctuations as Powell’s speech unfolds, with the expectation that his statements could significantly impact the cryptocurrency market.<\/span><\/p>\n

\"Bitcoin\"
BTC back to its formed range between $26,000 and $26,200 after briefly touching the $26,700 line. Source: BTCUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from iStock, chart from TradingView.com<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

In response to mounting speculation and accusations circulating within the crypto community, Binance CEO Changpeng Zhao (CZ) has addressed allegations of a significant sell-off of Bitcoin (BTC) by Binance. These allegations have been linked to a 7% BTC price drop.\u00a0 CZ took to Twitter to respond, reposting a thread by a user named ZkHopium, who provided a detailed analysis debunking the claims and highlighting the fundamental basis of the situation. Related Reading: Shiba Inu Burn Tracker Unveils SHIB Association, What Is It About? CZ Debunks Allegations Of Bitcoin Dumping The thread by ZkHopium sheds light on the events surrounding the Binance Coin (BNB) liquidation on Venus Protocol. It explains that the exploit occurred on October 6th, 2022, on the Binance Smart Chain (BSC), creating 2 million BNB.\u00a0 Of this amount, 900,000 BNB were deposited on Venus Protocol to borrow approximately $150 million worth of USDT and USDC. In response, the BNB chain burned more than 2 million BNB, equivalent to around $550 million at the time, effectively removing these tokens from circulation. To facilitate the liquidation process, Venus Protocol passed a governance proposal, designating BNB Chain as the sole liquidator for the loan. BNB Chain then funded the liquidator’s wallet with 30 million BUSD in December 2022, an additional 30 million USDT in June 2023, and another 30 million USDT on August 21, 2023. The liquidation mechanism of Venus Protocol involves a collateral factor or liquidation threshold. When triggered, liquidators can gradually liquidate up to 50% of the collateral, receiving an additional 10% worth of liquidated collateral as fees.\u00a0 ZkHopium’s analysis highlights several significant factors that make this case unique. Firstly, only one liquidator is not incentivized to engage in market dumping. Secondly, the liquidations are performed manually, without the involvement of bots front-running the process.\u00a0 Lastly, given the substantial loan size, the liquidation tranches are expected to be much lower than the 50% threshold. Addressing the allegations, CZ expressed his appreciation for the detailed research presented by ZkHopium and emphasized the \u201cinsignificance\u201d of a $30 million liquidation’s impact on Bitcoin\u2019s price.\u00a0 CZ stated that Binance does not issue BTC and that most rewards are given in BNB. He highlighted that the alleged fear of a significant BTC price impact is unfounded, as $30 million represents less than 0.001% of BTC’s daily trading volume. At the time of writing, BNB is trading at $217, as the chart above indicates. However, it has experienced a marginal decline of 0.2% over the past 24 hours. BTC Hovers Around $26,000 Amid Minor Dip The largest cryptocurrency in the market by market cap, Bitcoin, currently valued at $26,000, has remained relatively stagnant, experiencing a decline of 2.4% after briefly touching the $26,700 mark.\u00a0 Despite the current low levels of volatility, Keith Alan, co-founder of the research and analysis firm Material Indicators, has noted the following regarding the market situation:\u00a0 Economic reports released this morning did not significantly impact volatility; however, they will contribute to the narrative influenced by Jerome Powell’s upcoming speech at Jackson Hole on Friday. As anticipation builds for Federal Reserve Chairman Jerome Powell’s comments at the Jackson Hole Symposium, the Bitcoin market is beginning to show signs of increased activity. Keith Alan suggests that the economic reports, although not immediately affecting volatility, will shape Powell’s narrative during his speech.\u00a0 Related Reading: Algorand Stuck At Bearish Price Level \u2013 Can Bulls Reverse Path? This anticipation will likely lead to heightened volatility as the BTC market approaches the weekend. Traders and investors are bracing themselves for potential market fluctuations as Powell’s speech unfolds, with the expectation that his statements could significantly impact the cryptocurrency market. Featured image from iStock, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":548775,"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":[86230,428,656,679,78790],"class_list":["post-548773","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-binance-ceo","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btcusdt"],"acf":[],"yoast_head":"\nCZ Breaks Silence, Refutes Binance's Bitcoin Dumping Allegations To Safeguard BNB<\/title>\n<meta name=\"description\" content=\"In response to mounting speculation, Binance CEO CZ has addressed allegations of sell-off of Bitcoin (BTC) by Binance.\" \/>\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\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CZ Breaks Silence, Refutes Binance's Bitcoin Dumping Allegations To Safeguard BNB\" \/>\n<meta property=\"og:description\" content=\"In response to mounting speculation, Binance CEO CZ has addressed allegations of sell-off of Bitcoin (BTC) by Binance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-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=\"2023-08-25T01:00:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T08:14:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"682\" \/>\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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"CZ Breaks Silence, Refutes Binance’s Bitcoin Dumping Allegations To Safeguard BNB\",\"datePublished\":\"2023-08-25T01:00:02+00:00\",\"dateModified\":\"2024-06-11T08:14:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/\"},\"wordCount\":653,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682\",\"keywords\":[\"Binance CEO\",\"bitcoin\",\"Bitcoin news\",\"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\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/\",\"url\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/\",\"name\":\"CZ Breaks Silence, Refutes Binance's Bitcoin Dumping Allegations To Safeguard BNB\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682\",\"datePublished\":\"2023-08-25T01:00:02+00:00\",\"dateModified\":\"2024-06-11T08:14:25+00:00\",\"description\":\"In response to mounting speculation, Binance CEO CZ has addressed allegations of sell-off of Bitcoin (BTC) by Binance.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682\",\"width\":1024,\"height\":682,\"caption\":\"Bitcoin trading concept. Mobile phone application for cryptocurrency. Buy and sell new virtual money. Money dollars background, financial investment\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CZ Breaks Silence, Refutes Binance’s Bitcoin Dumping Allegations To Safeguard BNB\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & 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":"CZ Breaks Silence, Refutes Binance's Bitcoin Dumping Allegations To Safeguard BNB","description":"In response to mounting speculation, Binance CEO CZ has addressed allegations of sell-off of Bitcoin (BTC) by Binance.","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\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/","og_locale":"en_US","og_type":"article","og_title":"CZ Breaks Silence, Refutes Binance's Bitcoin Dumping Allegations To Safeguard BNB","og_description":"In response to mounting speculation, Binance CEO CZ has addressed allegations of sell-off of Bitcoin (BTC) by Binance.","og_url":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-08-25T01:00:02+00:00","article_modified_time":"2024-06-11T08:14:25+00:00","og_image":[{"width":1024,"height":682,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682","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":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"CZ Breaks Silence, Refutes Binance’s Bitcoin Dumping Allegations To Safeguard BNB","datePublished":"2023-08-25T01:00:02+00:00","dateModified":"2024-06-11T08:14:25+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/"},"wordCount":653,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682","keywords":["Binance CEO","bitcoin","Bitcoin news","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\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/","url":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/","name":"CZ Breaks Silence, Refutes Binance's Bitcoin Dumping Allegations To Safeguard BNB","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682","datePublished":"2023-08-25T01:00:02+00:00","dateModified":"2024-06-11T08:14:25+00:00","description":"In response to mounting speculation, Binance CEO CZ has addressed allegations of sell-off of Bitcoin (BTC) by Binance.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682","width":1024,"height":682,"caption":"Bitcoin trading concept. Mobile phone application for cryptocurrency. Buy and sell new virtual money. Money dollars background, financial investment"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"CZ Breaks Silence, Refutes Binance’s Bitcoin Dumping Allegations To Safeguard BNB"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & 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":"CZ Breaks Silence, Refutes Binance’s Bitcoin Dumping Allegations To Safeguard BNB","url":"http:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682"},"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 ceo","bitcoin","bitcoin news","bitcoin price","btcusdt"],"dateCreated":"2023-08-25T01:00:02Z","datePublished":"2023-08-25T01:00:02Z","dateModified":"2024-06-11T08:14:25Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"CZ Breaks Silence, Refutes Binance’s Bitcoin Dumping Allegations To Safeguard BNB\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/cz-breaks-silence-refutes-binances-bitcoin-dumping-allegations-to-safeguard-bnb\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Downloader.la-64e7bd85e0ddc.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682\"},\"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 ceo\",\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btcusdt\"],\"dateCreated\":\"2023-08-25T01:00:02Z\",\"datePublished\":\"2023-08-25T01:00:02Z\",\"dateModified\":\"2024-06-11T08:14:25Z\"}<\/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\/08\/Downloader.la-64e7bd85e0ddc.jpg?fit=1024%2C682","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/548773"}],"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=548773"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/548773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/548775"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=548773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=548773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=548773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}