Ex-Binance CEO 'CZ' Shares Key Insight as Crypto Market Recovers

Cover image courtesy of U.Today

As the crypto market exhibits signs of recovery, Binance's founder and former CEO, Changpeng (CZ) Zhao, has taken to Twitter to share timely and insightful advice for the crypto community.

CZ's tweet arrives as the market appears to be rebounding following a significant sell-off on Monday, which resulted in over $700 million in liquidations within 24 hours. Speculations surrounding the potential end of the Federal Reserve's window for interest rate cuts triggered a sell-off across various markets, including cryptocurrencies.

On Monday, Bitcoin briefly dipped below $90,000, marking a 5% decrease since the start of 2025 before experiencing a rebound. As of today, the world's leading cryptocurrency by market capitalization has reached a record high of $108,316. The majority of cryptocurrencies also experienced losses but have since partially recovered.

At the time of writing, Bitcoin has gained 5.43% over the past 24 hours, reaching a price of $96,605. Within the same timeframe, several other cryptocurrencies, such as XRP, Cardano, Dogecoin, and Shiba Inu, have seen gains ranging from 6% to 10%.

CZ's message encourages crypto enthusiasts to take decisive action now, despite missed opportunities in the past, suggesting that another promising opportunity may be presenting itself.

"Have you ever thought to yourself, 'I wish I had... bought bitcoins early, bought the dip, held and learned about crypto early, ignored FUD.' But when the opportunity presents itself again, will you act? Today is earlier than all the days to come," the Binance founder tweeted.

This statement highlights the common regret among crypto enthusiasts who missed key opportunities, such as purchasing Bitcoin at lower prices or holding during bearish markets. CZ's tweet serves as a reminder that despite past mistakes or missed chances, there is always another opportunity to capitalize.

Institutional adoption on the rise

In a significant development, Intesa Sanpaolo SpA has made its first spot Bitcoin purchase. The largest banking group in Italy has acquired approximately one million euros ($1 million) worth of Bitcoin, marking its entry into the asset class.

This move aligns with the growing trend of major financial institutions exploring cryptocurrencies and the various market structures surrounding them.

BlackRock, the world's largest asset management company, has accumulated $51 billion in assets in the spot Bitcoin ETF it established a year ago. Additionally, the company is advocating for the use of its money-market digital coin as collateral for crypto derivatives trading.