【Willbet Online Casino Games | Play Casino Online】What's Next for Bitcoin? Binance CEO Shares Market Prediction

Binance CEO's statement might be Willbet Online Casino Games | Play Casino Onlinenot only market prediction but also warning Advertisement

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Binance CEO Richard Teng recently tweeted a prediction about Bitcoin, the first and largest cryptocurrency by market capitalization. Teng anticipates "upward momentum" for Bitcoin, urging both countries and corporations to act now or "risk paying a premium later."

Advertisement

In a tweet posted to his official X account, Teng stated, "Countries and corporations that buy Bitcoin early will benefit from the upward momentum. Those who delay adoption risk paying a premium later."

Countries and corporations that buy #Bitcoin early will benefit from the upward momentum.

Those who delay adoption risk paying a premium later.

— Richard Teng (@_RichardTeng) April 15, 2025

Teng's comments come at a time when Bitcoin is gaining traction, with rising institutional demand and growing interest from sovereign wealth funds and nation-states. However, recently, the Bitcoin price has been largely weighed down by macroeconomic concerns, dropping nearly 21% from its all-time high of $109,114 attained in January this year.

Advertisement

Related Wed, 03/26/2025 - 10:33 Binance CEO Exposes Popular Crypto Misconception — Here's Reason Tomiwabold Olajide

HOT Stories Bitcoin Breakout Euphoria Thrashed by Legendary Trader Peter Brandt $150,361,090 XRP Mystery Stuns Community, Here's What's Really Behind It Bitcoin to Behave Similarly to Gold for Next Few Thousand Years: US Government’s Top Crypto Executive Breaking: KuCoin Issues Statement Following Massive Outage

Teng's tweet serves not only as a market prediction but also as a warning: early movers stand to gain the most, while those who delay may risk buying at a much higher cost.

Institutional interest continues to grow

As previously reported by UToday, Bitwise data shows that corporations currently own about 688,000 Bitcoins, or 3.28% of BTC's total supply, which is capped at 21 million coins.

Related Fri, 03/07/2025 - 12:28 Binance CEO Makes Important Bitcoin Statement, Likening BTC to Treasure Yuri Molchan

Strategy remains the clear leader, outperforming other major corporations by a substantial margin.

Last week, Michael Saylor's Strategy purchased an additional $285.8 million in Bitcoin. From April 7 to April 13, Strategy purchased 3,459 Bitcoin at an average price of around $82,618. According to Bloomberg data, the corporation spent $7.79 billion on Bitcoin in the first quarter. Strategy reported nine purchases in the same period.

At press time, Bitcoin was up 0.71% in the last 24 hours to $85,816. 

praise!（281）