Richard Teng Engages BNB Community

Richard Teng, appointed Binance CEO after CZ’s resignation in November 2023, connected with the BNB community through a bullish tweet today.

Celebrating International Day of Happiness

Teng congratulated his millions of followers on the International Day of Happiness, sharing optimistic thoughts about a crypto-powered future. He encouraged the community to build prosperity, emphasizing Binance’s mission of global empowerment.

> “Today is the International Day of Happiness! 🌞
> Let’s continue building a world filled with positivity, growth, and financial well-being.
> Happy to be part of a community that’s working towards empowering people globally! 💪”
> — Richard Teng (@_RichardTeng) March 20, 2025

The community responded positively, offering enthusiastic support and congratulations.

Bullish Fed Decision Boosts Crypto Markets

On March 19, Federal Reserve Chairman Jerome Powell announced a decision that bolstered bullish sentiment in the crypto market. The Fed plans to maintain interest rates at 4.25%-4.50% and will slow down quantitative tightening in April, aiming for careful liquidity management.

Following this announcement, Bitcoin showed significant gains, increasing by 3.2% from $84,190 to $86,880 and totaling a 6.74% rise over two days. However, a slight pullback of about 2% occurred, with Bitcoin trading at $85,455 at press time.

Additionally, Ripple CEO Brad Garlinghouse revealed that the SEC had dropped its appeal against Ripple, resulting in a 15% surge in XRP prices, marking another positive development in the market.