Table content
\# Binance Chief Executive Officer Underscores Irrevocable Core Aspects for Binance: Particulars
Author’s Note: The opinions articulated by our writers belong solely to them and do not mirror the perspectives of U.Today. Financial and marketplace data featured on U.Today serves exclusively educational intentions. U.Today disclaims liability for any monetary setbacks endured while dealing in cryptocurrencies. It is advisable to seek advice from a financial professional and conduct your own investigation before engaging in any investment endeavors. We are confident that all content is precise as of the publication date, but some promotions mentioned may have expired.
Binance’s Chief Executive Officer, Richard Teng, succeeded Changpeng Zhao (CZ) in the leadership role in November of 2023, and has communicated a vital announcement to the Binance collective via a recent post on X.
## Teng Unveils Secret to Binance Administration
This announcement pertains to the elements that have enabled Binance to rise to the forefront of the market and sustain its dominant stance among various cryptocurrency platforms.
The emphasis here is on Binance preserving functionality under any circumstances: “Operational robustness is indispensable.” Toncoin (TON) Value Forecast for March 26th
He further stated that the Binance group is active constantly, as “each moment is crucial within the digital currency domain.”
> Operational robustness is indispensable.
> Our group is active constantly to guarantee uninterrupted service because we recognize that each moment is crucial within the digital currency domain.
> — Richard Teng (@_RichardTeng) March 6, 2025
Binance’s spot trading volume within the last day amounted to $23,424,841,778, accompanied by 13,610,667 visits weekly. Bybit came next, recording a spot trading volume of $3,133,076,380 within the last day and 4,139,632 visits weekly.
## Previous Binance Head Reflects on Bitcoin Instability
Binance co-creator and previous Chief Executive Officer Changpeng Zhao (CZ) remarked on the notable instability that Bitcoin and the broader digital currency market are presently undergoing on social platforms on Wednesday.
At the time of publication, Bitcoin is being exchanged for $91,310, a decrease from $92,800 earlier in the day.
Changpeng Zhao, the Chief Executive Officer of Binance, also gave his thoughts on the current digital currency collapse, observing that the main characteristic shared by all the cryptocurrency millionaires he is acquainted with is that they did not impulsively sell during significant price declines. He jested that those who did were digital currency billionaires who diminished their wealth to millions.
CZ further stated that while anticipating 10-year cycles in digital currency is comparatively straightforward, forecasting price fluctuations for the next day is challenging.
On Wednesday, Bitcoin, the most prominent digital currency globally, increased almost 9% to $91,435 at one juncture in a 24-hour timeframe before receding to $88,380.
