Binance Founder Predicts Bitcoin Supercycle in 2026
- Changpeng “CZ” Zhao forecasts a Bitcoin supercycle in 2026, citing a pro-crypto stance by the U.S. government.
- Zhao did not specify a price target but believes prices will be higher in the next five to ten years.
- He denied any connections between Binance and President Trump regarding his recent pardon.
- Abu Dhabi’s MGX invested $2 billion in Binance using USD1 stablecoin linked to Trump’s World Liberty Financial.
- Zhao was sentenced to four months for money laundering violations and released two days early after serving his sentence.
Zhao predicts a significant rise in Bitcoin’s value by leveraging favorable governmental attitudes towards cryptocurrencies, despite not setting a specific price target. His comments come amid scrutiny over alleged links with President Trump, which he firmly denies.
The investment from MGX and Zhao’s previous legal issues add context to his predictions for Bitcoin‘s future growth trajectory as he emphasizes no direct ties with Trump.(Source)
