"We have a lot more meme coins. But guess what? For something to be valuable, you only need one other person to want to buy it," Changpeng Zhao said.
Binance co-founder Yi He shared her stance on crypto regulation, meme coins, women in leadership, and remote work in an interview with Insider.
Binance will cease offering futures, options, margin, and leveraged trading in South Africa. Users have until January 6 to close their positions.
Bitcoin-backed investment products saw a third straight week of inflows last week, at the expense of ether and altcoins.
JPMorgan's Nikolaos Panigirtzoglou questioned whether the hype around altcoins such as cardano's ada is justified by their likely uptake.
"Binance.US is just going to do what Coinbase did," Zhao told The Information in a Zoom interview published Wednesday.
Dogecoin was the worst-performing major cryptocurrency on Tuesday, as the buzz around the meme token collapsed.
Sichuan authorities have ordered bitcoin miners to "clean up and terminate" their operations, according to media reports.
An expert said she is unsure whether this signals a continuing upward trend, but she does know one thing: "Musk is responsible."
Other cryptocurrencies are also in the green Thursday, and experts say they are bullish that the market may be stabilizing after a vicious rout.