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 <h2 id="jim-cramer-comments-on-binance-and-ceo-cz">Jim Cramer Comments on Binance and CEO CZ</h2> 
 <p>During a discussion on September 5, Jim Cramer talked about Binance, BNB coin, and CEO CZ. He asserts that despite Binance being under regulatory pressure and other hurdles, CZ has tried to provide proof and prevented FUD.</p>  
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 <blockquote> 
  <p>“They proved collateral, not reserves, but CZ looks like a good guy. I’m bullish here, loading up on their tokens. Way oversold!”</p> 
 </blockquote> 
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 <p>The statement spread like fire in the crypto community, with everyone wondering whether “inverse Cramer” will impact <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>, <a rel="noopener noreferrer nofollow" title="BNB" href="https://thebittimes.com/tag/bnb.html">BNB</a>, or CZ in any way. <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> and CZ are already facing regulatory heat and a lawsuit from the U.S. Securities and Exchange Commission (SEC). In fact, the SEC seeks a court order on filing a secret document in the lawsuit.</p>  
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 <p>In June, Binance warned Jim Cramer after he compared the exchange with the bankrupt exchange FTX. He also urged investors to take their crypto off Binance.</p> 
 <p>CoinGape Media earlier reported that <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> to introduce changes to the zero-fee Bitcoin trading program regarding BTC/TUSD spot and margin pairs from September 7. This may trigger a crypto market selloff. Crypto trading volumes fell 90% after the termination of zero-fee trading for USDT by <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> in March.</p> 
 <h2 id="will-bnb-price-fall">Will BNB Price Fall?</h2>  
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 <p>BNB price currently trades near major support, continuing to trade under pressure. If the support is lost, BNB can drop down to $100 as there is no significant support level.</p> 
 <p>In fact, <a rel="noopener noreferrer nofollow" title="BNB" href="https://thebittimes.com/tag/bnb.html">BNB</a> started falling after the comment by <a rel="noopener noreferrer nofollow" title="Jim Cramer" href="https://thebittimes.com/tag/jim-cramer.html">Jim Cramer</a>. Traders are actively watching over the impact of Cramer on the crypto market.</p> 
 <p><a rel="noopener noreferrer nofollow" title="BNB" href="https://thebittimes.com/tag/bnb.html">BNB</a> price trades at $215, up nearly 0.50% in the last 24 hours. The trading volume has increased slightly by 6% in the past 24 hours.</p> 
 <p><strong>Also Read:</strong></p> 
 <ul> 
  <li>Massive Jump In LUNC And LUNA Trading Volumes Ahead Terra Classic Core Upgrade</li> 
  <li>G20 Presidency Puts Global Crypto Regulatory Framework On The Table</li> 
  <li>Dogecoin Community Supports Elon Musk And X In Fight Against ADL</li> 
 </ul> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/jim-cramer-bullish-on-binance-and-bnb-trouble-for-ceo-cz-tbt61579.html">https://thebittimes.com/jim-cramer-bullish-on-binance-and-bnb-trouble-for-ceo-cz-tbt61579.html</a></p>

Jim Cramer Bullish On Binance And BNB, Trouble For CEO CZ?

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