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- **Binance Boss Unleashes Bold Bitcoin Statement, Equates BTC to Virtual Wealth**
- **Teng: Bitcoin Represents Modern Gold**
- > Bitcoin mirrors virtual gold, a valuable asset to hold. > > Not monetary guidance
- — Richard Teng (@_RichardTeng) March 7, 2025
- **Bitcoin Aiming for $120,000 in March? Max Keiser Suggests It**
**Binance Boss Unleashes Bold Bitcoin Statement, Equates BTC to Virtual Wealth**
*Note: The writer’s opinions are personal and don’t represent U.Today’s viewpoint. Cryptocurrency trading carries risks, so conduct due diligence and seek advice from a monetary professional before investing. Details are correct at the time of release, but offers may lapse.*
Richard Teng, the fresh chief at Binance after CZ’s departure, recently posted an eloquent message on X concerning Bitcoin. He’s emphasizing Bitcoin’s unique attributes – its resilience in the marketplace.
**Teng: Bitcoin Represents Modern Gold**
Reacting to a remark on X, Teng described Bitcoin as “limited” and a “protection against rising prices.” He posted that Bitcoin resembles “virtual gold, a valuable asset to possess,” yet included the typical “not monetary guidance” warning.
> Bitcoin mirrors virtual gold, a valuable asset to hold. > > Not monetary guidance
— Richard Teng (@_RichardTeng) March 7, 2025
This declaration surfaces as reports circulate about President Trump possibly establishing a calculated Bitcoin fund for the United States. Following a decrease from $92,780, Bitcoin’s worth increased by 4%, from $85,550 to $89,000 at the moment of reporting.
**Bitcoin Aiming for $120,000 in Toncoin (TON) Value Forecast for March 26th? Max Keiser Suggests It**
Prominent individuals within the digital currency sphere are offering their perspectives after the executive decree by Donald Trump to form a tactical Bitcoin stockpile. Changpeng Zhao (CZ), the originator of Binance, voiced his excitement on social media, declaring, “The United States is currently in possession of Bitcoin!”
The Bitcoin consultant for Nayib Bukele is displaying even greater optimism, forecasting that the value of Bitcoin will rapidly exceed $100,000 in the immediate aftermath of the decree and subsequently hit $120,000 later in the current month.
The Tactical Bitcoin Stockpile (TBS) involves the United States administration procuring a total of one million Bitcoins throughout the upcoming four years, which equates to an average of 250,000 BTC each year during Trump’s tenure as president.
Upon being prompted to decipher the Bitcoin emblem ₿, Grok AI verified that it signifies Bitcoin, emphasizing its incorporation into Unicode 10.0.0 on June 20, 2017, together with symbols like the dollar and the euro, thereby underscoring Bitcoin’s standing as a broadly acknowledged form of currency. The authorized X account belonging to Binance also disseminated a succinct message showcasing the Bitcoin emblem ₿.
