Despite a crypto crash that has seen Bitcoin tumble over 70% from $69,000 to its current value of around $20,000, Binance CEO Changpeng ‘CZ’ Zhao argued that cryptocurrency is “probably the only stable thing in this very dynamic environment.” Speaking on stage at Web Summit in Lisbon, Zhao argued that while crypto prices are volatile, “if you look at the technology, if if you look at the fundamentals of cryptocurrencies, limited supply, nothing has changed.” He added that, “It has been the most stable thing, technology-wise, in this turmoil situation. ...
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