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Binance Founder: Bitcoin Could Hit $1 Million as Central Banks Accumulate BTC

BitcoinWorld LogoBitcoinWorld20h ago

Binance Founder: Bitcoin Could Hit $1 Million as Central Banks Accumulate BTC - BitcoinWorld

Quick Summary:

Binance founder and former CEO Changpeng Zhao (CZ) has suggested that Bitcoin (BTC) could reach $1 million, citing increasing global accumulation by central banks.

CZ shared a Financial Times report via X, which revealed that the Czech Central Bank governor is considering a $7 billion Bitcoin purchase.

While Bitcoin at $1M seems extreme, historical trends show that global accumulation can drive exponential price growth.

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Article Details

Author / Journalist: Editor Team

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 12:51:12 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 25632577

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About BitcoinWorld

BitcoinWorld Logo

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 32 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #121

Publisher Details

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The story "Binance Founder: Bitcoin Could Hit $1 Million as Central Banks Accumulate BTC" was covered 20 hours ago by BitcoinWorld, a news publisher based in India.

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It's most recent story was published 10 hours ago.

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  • News ID: #25632577
  • URL: https://chronographically.beamstart.com/news/binance-founder-bitcoin-could-hit-17382423452214

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