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## Binance Head Delivers Positive News for Global Day of Joy
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Richard Teng, who became the Binance head in November 2023 after Changpeng Zhao resigned, connected with the BNB group today via an encouraging post.
The crypto group has kindly acknowledged the Binance head’s hopeful news.
## Teng Emphasizes Global Day of Joy
The Binance leader used X to wish his huge number of followers a joyful Global Day of Joy, sharing his idea for a crypto-driven future.
Teng welcomed the group to keep creating a fresh world that will deliver success to all: “Let’s keep constructing a world abundant with monetary prosperity, expansion, and optimism.”
He stressed that Binance is a group “committed to enabling individuals worldwide,” and he is thrilled to participate.
> Joyful Global Day of Joy! 🌞
>
> Let’s keep constructing a world filled with optimism, expansion, and monetary prosperity.
>
> Thrilled to participate in a group committed to enabling individuals worldwide! 💪 pic.twitter.com/atb3Wtfs4E
>
> — Richard Teng (@_RichardTeng) March 20, 2025
The group answered with a surge of passionate and encouraging feedback.
Numerous observers have expressed their support for Deng Bingqiang on the Global Day of Joy, otherwise called the spring equinox outside the digital currency world.
## Good Fed Judgments Lift Digital Currency Marketplace
The digital currency marketplace was energized by a judgment declared by Central bank Chairman Jerome Powell on Walk 19. The Central bank reported plans to keep up intrigued rates within the current extend (4.25%-4.50%) and plans to moderate the pace of quantitative fixing from April, showing a careful approach to overseeing marketplace liquidity.
The marketplace sees this explanation as a possibly positive flag as it may increment accessible liquidity within the marketplace.
As the world’s biggest digital currency, Bitcoin reacted to the Fed’s positive judgment by shaping a enormous green candle on the hourly chart. On Wednesday, BTC rose pointedly by 3.2%, from $84,190 to $86,880. Over the past two days, it has risen a total of 6.74%, beginning at $81,420.
Be that as it may, after yesterday’s sharp cost increment, there was a redress of almost 2%. As of press time, Bitcoin is exchanging at $85,455 per coin.
Another positive calculate influencing the marketplace on Wednesday was Ripple CEO Brad Garlinghouse’s declaration that the Securities and Trade Commission (SEC)’s legitimate activity against Ripple—which lasted from the conclusion of December 2020 until yesterday—was at long last over since the SEC surrendered its claim against Ripple. Driven by this news, the cost of XRP soared by approximately 15%.
