From the future of crypto according to the CEO of Binance to new adoption for Ethereum, here’s a look at some of the stories breaking in the world of crypto.
Binance CEO Changpeng Zhao is bullish on the future of Bitcoin and crypto.
In a new YouTube interview with Forkast News, Zhao says he expects the industry and price of the speculative crypto market to grow 1,000 times.
“I forecast there will be a thousand blockchains and a million tokens. So that’s why we are very focused on the token market, and hopefully, we will be a big player. We will remain to be a relevant player when that happens… the industry is going to get 1,000 times bigger for sure. And so will the price, I think.”
As for the future of his company, Zhao says his focus overall is to ensure he builds a thriving ecosystem around Binance Coin (BNB).
“I think the future is the currency. It’s the BNB value that we want to drive. So we’re building everything for BNB. It’s all about adding more utility to BNB. I think this is the thing we can do really well, we can add a lot of value to projects. We can bring a lot of value to users, and we can bring a lot of value to this industry, which will then make ourselves bigger.”
Zhao is also welcoming Facebook’s entry into the space, along with its massive user base.
“I think I am the inclusive guy. I think in this industry where we promote freedom, we should have the tolerance or the acceptance for anybody to come in, because that is freedom. So, I always welcome any company,