Binance CEO’s Happiness Day Tweet Sparks Crypto Frenzy 🌞

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Binance CEO’s Happiness Day Tweet Sparks Crypto Frenzy 🌞

Binance CEO’s Happiness Day Tweet Sparks Crypto Frenzy 🌞

Richard Teng, the newly-minted CEO of Binance after CZ stepped down in November 2023, decided to brighten everyone’s day with a tweet. Of course, in the crypto world, “brighten everyone’s day” can translate to “potentially sending people into a bullish frenzy.”

The Binance boss has been working hard to create the digital equivalent of a motivational poster—except it’s less about kittens and more about green candles. 🌟

Teng Channels International Day of Happiness

Apparently, the crypto world and the International Day of Happiness collided in a tweetstorm. Richard Teng, in full CEO mode, congratulated his millions of followers on this cheerful occasion and revealed his vision of a future powered by crypto. Because if there’s anything that screams “happiness,” it’s decentralized finance and blockchain technology… or so he says.

Teng encouraged the community to keep building a paradise of positivity, growth, and financial well-being, which, if we’re honest, sounds a bit like marketing copy for a self-help book titled “Ethereal Riches.” But hey, if sarcasm could move markets, we’d all be millionaires.

He expressed his joy in being part of Binance’s global community and its mission to empower people everywhere. Honestly, empowering people globally must be easier now that the world wide web exists (not to mention GIFs).

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 crypto community responded with an enthusiastic wave of comments, though one suspects at least some of them were written while silently muttering, “Please moon already, Bitcoin.” Meanwhile, outside the realm of digital coins, March 20 is better known as the Spring Equinox—a day when people celebrate balance rather than volatile price charts.

The Fed Fuels Crypto Optimism (Orchestrated Happiness?)

Speaking of happiness, Federal Reserve Chairman Jerome Powell chimed in with his decision on March 19 to keep interest rates steady at 4.25%-4.50%. Essentially, he dialed down the monetary Scrooge routine, promising to slow down quantitative tightening come April. Naturally, the crypto markets interpreted this as a metaphorical “Sale at Gucci” and things got a bit animated.

Bitcoin, everyone’s favorite digital gold (and frequent meme star), printed an hour-long green candle big enough to make Michelangelo proud. By Wednesday, BTC had risen 3.2%, hopping from $84,190 to an eyebrow-raising $86,880. Over two days, it pulled a 6.74% jump like an overeager trampoline artist at a carnival. However, this excitement wasn’t without its usual pullback drama—Bitcoin dropped by almost 2%, because hey, it’s legally obligated to be unpredictable. At last glance, BTC sat at $85,455, probably waiting for someone to give it a pep talk.

Not to be outshined, XRP waltzed onto center stage backed by Ripple CEO Brad Garlinghouse, who proudly declared that the SEC’s legal battle against Ripple was officially over. The crypto world’s collective gasp powered a 15% surge in XRP’s price, because nothing says “bullish sentiment” like an announcement stamped “Finally, done with lawsuits.”

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2025-03-20 18:08