CZ believes the \u201cjourney has just started\u201d for BTC, DeFi, and cryptocurrency.Changpeng \u201cCZ\u201d Zha, founder and CEO of Binance, frequently tops the list of top people in crypto and blockchain. As the founder of what became the largest exchange in the world in 180 days, said to command 25% of the market share in transactions, with just under $500 million in trading volume as of early 2019, CZ has a perspective that few can claim.CZ is clearly bullish on Bitcoin and at the head of the charge on crypto with Binance, OKCoin, and his DeFi projects. It seems to CZ, the meteoric run on Bitcoin, and even the subsequent dips, were to be expected.We interviewed CZ as part of a report on Bitcoin outlook for 2021 and would like to share his responses in total (with some editing for length) here. These responses are from January 15th, so do not refer to any subsequent actions in the crypto market.Where do you see BTC going in 2021?The industry\u2019s development of 2020 has formed a new foundation for further growth. The slew of institutional investors making public their acquisitions, combined with the DeFi boom over last summer, raised public awareness and helped BTC break new records this early in the year.The macroeconomic conditions we saw last year, partly compounded by the pandemic, will continue to pressure more institutional investors to pursue ways to hedge against inflation. Whether it is for trading or treasury management, institutional investors will consider BTC inevitably, so we think a steady upward trend for the rest of the year would be justified.\u201cAltcoin Season\u201d \u2014 has this happened but not as dramatically? Do you expect it to happen for ETH or anyone else?Right after its third-halving in May last year, BTC had very little movement, and subsequently, the market\u2026<\/p>","protected":false},"excerpt":{"rendered":"
CZ believes the \u201cjourney has just started\u201d for BTC, DeFi, and cryptocurrency.Changpeng \u201cCZ\u201d Zha, founder and CEO of Binance, frequently tops the list of top people [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3372"}],"collection":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/comments?post=3372"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/posts\/3372\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/media?parent=3372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/categories?post=3372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/es\/wp-json\/wp\/v2\/tags?post=3372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}