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In a recent AMA livestream on Binance Square, Binance co-founder and former CEO Changpeng Zhao (CZ) shared wide-ranging views on Bitcoin’s long-term outlook, altcoin season, meme coins, trading risks, and the evolving role of social platforms in crypto.Below is a full recap of the key takeaways.1. CZ Warns Against Launching Meme Coins Based on His X or Binance Square PostsCZ cautioned users against using social media posts from him or Yi He as justification to launch meme coins.He said such projects have an extremely low success rate, with unclear origins and high failure risk, and advised users not to assume endorsement based on casual mentions or posts.2. Beginners Should Start Small and Avoid FuturesCZ emphasized that crypto beginners should start with small capital, focusing on learning before scaling up.He strongly advised newcomers not to begin with futures or options, recommending gradual exposure instead of leverage-driven trading.3. Altcoin Season Is “Definitely Coming”According to CZ, altcoin season will arrive eventually, though the exact timing, duration, and which tokens will benefit remain unpredictable.He stressed that altcoin cycles are complex and cannot be precisely forecast.4. BNB Ecosystem Is Stable and Has Long-Term PotentialCZ described the BNB ecosystem as large, stable, and supported by many active builders.He expressed confidence in BNB’s long-term potential, highlighting continued development across the ecosystem.5. Prediction Markets Are Still Early and IlliquidOn prediction markets, CZ noted that the sector remains very early-stage, with few market makers.He said platforms like Polymarket reportedly rely on just one or two market makers, with most activity still centered on sports-related markets.6. Bitcoin Will Reach $200,000 — Timing Is the Only UnknownCZ reiterated a bold long-term view:Bitcoin will “definitely” reach $200,000, with uncertainty only around when, not if.He framed this as a conviction rather than a short-term prediction.7. Genuine Meme Coins Must Have Historical or Cultural MeaningCZ said truly valuable meme coins should have historical significance or strong narrative relevance.He estimated that over 90% of meme coins fail, warning early investors about high risk and stressing personal responsibility for investment decisions.8. Binance Square vs. X: Different FoundationsCZ explained that Binance Square and X operate on fundamentally different models.He expressed skepticism that X could easily enable crypto trading due to KYC challenges, noting that most Binance Square users have already completed identity verification.9. CZ Hopes Meme Coins Continue Growing — From a Builder’s PerspectiveWhile stating he no longer relies on meme coins to “get rich overnight,” CZ said he hopes meme coins continue gaining popularity.From a builder’s standpoint, he said his focus is on creating better, smoother tools for users rather than speculation.

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.65T, up by 0.25% over the last 24 hours.Bitcoin (BTC) has been trading between $106,103 and $108,213 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $107,725, down by 0.62%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include MLN, TOWNS, and C, up by 54%, 17%, and 16%, respectively.Top stories of the day:U.S. Government Expands Bitcoin Reserves Following Asset SeizureBitcoin Shows Potential for Rebound Amid Gold's PullbackGold's Share in Global Reserves Rises as Dollar DeclinesGrayscale Report Highlights Solana Blockchain's Market LeadershipJapan Considers Regulatory Changes for Banks Holding CryptocurrencyCoinglass: Cryptocurrency Market Shows Bearish Sentiment Amid Negative Funding Rates Bitcoin's Fair Value and Market Cycles: Insights from Analyst MurphyNFT Market Sees 5% Growth in Weekly Trading VolumeHong Kong Finance Chief Highlights Growing Impact of Digital Assets Federal Reserve's October Rate Cut Likely at 25 Basis PointsMarket movers:ETH: $3853.6 (-0.81%)BNB: $1069.27 (-3.75%)XRP: $2.3193 (-1.77%)SOL: $183.48 (-1.50%)DOGE: $0.18619 (-0.82%)TRX: $0.3143 (+0.32%)ADA: $0.6229 (-1.92%)WBTC: $106146.4 (-0.68%)WLFI: $0.1275 (-3.12%)LINK: $16.55 (-1.95%)

According to PANews, Barclays has revised its forecast for the Federal Open Market Committee (FOMC) following the release of a disappointing non-farm employment report last Friday. The financial institution now anticipates that the FOMC will implement three interest rate cuts this year, each by 25 basis points. Additionally, Barclays expects two more rate reductions in March and June of 2026.