PANews reported on May 12 that Richard Teng, CEO of Binance, wrote on the X platform: "Against the backdrop of global economic uncertainty, Bitcoin remains a flagship crypto asset and a resilient means of storing value. With the adoption of institutional investors, Bitcoin is expected to play a more important role as a hedging tool and digital gold in a diversified portfolio."
Binance CEO: Adoption by institutional investors will strengthen Bitcoin’s “digital gold” and hedging attributes
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