iBNB

Changpeng Zhao (CZ), former CEO of Binance, has made a comeback in the public domain after being <a href="https://cryptotale.org/binance-founder-changpeng-zhao-freed-after-4-month-sentence/" rel="noopener noreferrer nofollow">released</a> from prison in September. Binance was fined $50 million, and CZ had to step down as CEO owing to noncompliance with US AML and KYC norms. Since then, he has slowly come back to social networks. This has brought back into the limelight the possibility that Binance Coin (BNB) could be affected by his appearance at <a href="https://www.binance.com/en/support/announcement/binance-blockchain-week-dubai-2024-ticket-prices-are-now-300-usd-excluding-vat-13140de27d9f4b57bccf18e7c83a7fa2" rel="noopener noreferrer nofollow">Binance Blockchain Week</a> in Dubai.BNB Price SurgeWhen CZ posted on social media for the first time after being released from prison, BNB’s price surged significantly. The token surged from $606.25 to $616.53 which was its highest point in the month. However, that spike was temporary, and BNB has been trading in the red zone in the past few days, following the overall trend of the crypto market at the beginning of the month.Related: <a href="https://cryptotale.org/binance-launches-pre-market-trading-for-scrolls-scr-token/" rel="noopener noreferrer nofollow">https://cryptotale.org/binance-launches-pre-market-trading-for-scrolls-scr-token/</a>However, BNB has also indicated some volatility and has recently been making a comeback. In the last seven days alone, the token has been on the rise, with a 2.44% increase, and as of press time, it is trading at <a href="https://coinmarketcap.com/currencies/bnb/" rel="noopener noreferrer nofollow">$567.83</a>. BNB’s capitalization is $82.79 billion, and its daily turnover is $1.63 billion.<a href="https://cryptotale.org/czs-return-sparks-bnb-volatility-ahead-of-blockchain-week/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

CZ's Return Sparks BNB Volatility Ahead of Blockchain Week

CryptoTale

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