U.Today – Weekend Crypto News Highlights

Former Binance CEO CZ Breaks Silence Following Release from Prison

Following his recent release from prison, former Binance CEO Changpeng Zhao (CZ) published his first lengthy post on X platform, sharing impressions of his first days of freedom and future plans. CZ expressed admiration for food and the luxury of having “more than one piece of fruit” per day. He thanked the crypto community for their support during his darkest moments. CZ mentioned the need for rest before mapping out his next steps, including updates on his educational initiative, Giggle Academy, which he says is doing well, and a book he is completing, which has taken more time than expected.

Michael Saylor’s Epic 99% Bitcoin Prediction Stuns Crypto Community

In a recent post, Michael Saylor, co-founder of MicroStrategy and a vocal Bitcoin advocate, made a bold prediction that 99% of Bitcoin will be mined by January 2, 2035. Currently, about 94.1% of Bitcoin’s total supply of 21 million has been mined, leaving around 1.24 million BTC to be created. Saylor’s forecast suggests increased mining activity over the next decade, potentially leading to price surges as scarcity develops. This shift would require miners to adapt to the diminishing rewards associated with generating new blocks.

XRP Price Breaks Key Level That May Initiate Ultra Bullish Mode

On Sunday, September 29, XRP crossed above the critical 200-day moving average, indicating strong bullish sentiment among traders. This upward movement, a result of an 8.47% increase, lifted XRP’s price from $0.5871 to $0.638, with analysts projecting further gains. Despite a slight market pullback, XRP’s performance might suggest that investors are anticipating news that could positively impact its price. The token also surpassed a key dynamic resistance level essential for its historical price movements, indicating potential for further growth. Currently, XRP is trading at $0.623, down 3.61% over the last 24 hours, according to CoinMarketCap.

This article was originally published on U.Today.