Changpeng Zhao (CZ), the former CEO of Binance and a prominent figure in the cryptocurrency world, recently shared a lighthearted remark about the growing memecoin trend sparked by the launch of Donald Trump’s $TRUMP token.
Responding to followers speculating about the possibility of a “CZ Coin,” Zhao stated there are no plans for such a project.
However, he joked that with the TRUMP memecoin reaching a fully diluted market cap of $71 billion, it wouldn’t be surprising if more world leaders considered creating their own tokens.
Zhao also addressed the various CZ-themed memecoins circulating in the market, clarifying that none of them have any affiliation with him.
Meanwhile, Donald Trump’s involvement in the cryptocurrency space has extended beyond memecoins. Through his World Liberty Financial project, Trump recently purchased over $32 million worth of Ethereum.
With his inauguration as U.S. President set for tomorrow, many in the crypto community are speculating that he may announce significant plans or policies related to digital assets during his first day in office.
California is pushing forward a legislative plan that could redefine how the state handles inactive crypto holdings.
Circle, the company behind the USDC stablecoin, has raised more than $1.1 billion in a highly anticipated IPO, outperforming its earlier fundraising targets.
Steve Eisman, the famed investor known for forecasting the 2008 housing collapse, is sounding the alarm—not on overvalued tech stocks or interest rates, but on the escalating risk of global trade disputes.
Kevin Hassett, head of the National Economic Council in Trump’s second term, has revealed a multi-million-dollar investment in crypto exchange Coinbase—prompting concerns over potential conflicts of interest in Washington.