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Time Details
2025-06-16
16:04
Binance CEO Richard Teng Highlights Blockchain Tools for Empowering Global Economies: Impact on Crypto Trading Volatility

According to Richard Teng (@_RichardTeng), CEO of Binance, the focus of their mission is to develop blockchain tools that empower individuals, businesses, and economies, aiming to create long-term value rather than merely trading market volatility (Source: Twitter, June 16, 2025). For crypto traders, this strategic direction suggests a potential shift toward more utility-driven blockchain projects and away from short-term speculative trading. Such a move could influence market sentiment and long-term investment strategies in cryptocurrencies like BTC and ETH as value creation becomes a core narrative in the sector.

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