CZ Binance Says Crypto Bear Market Will be Over Soon!
June 10, 2026
AI Summary
5 min readCZ Binance, the founder of the world’s largest crypto exchange, tweeted a message of reassurance to the market: “Bitcoin won’t be dead for too long. Don’t panic.” The statement came as Bitcoin hit historic oversold levels on the daily chart, with the RSI deep in the red and sentiment in extreme fear. Host Tony Edward noted that while headlines from figures like Jim Kramer declare Bitcoin dead, the extreme fear and capitulation among retail traders historically set the stage for a strong counter-trend move. He cautioned that this does not mean a pump tomorrow or next week, but that the conditions—oversold RSI, exhausted sellers, and extreme fear—are aligning for a reversal, possibly by July. Edward acknowledged the “sell in May and go away” adage but noted that recent years have broken that pattern due to tariffs and other macro volatility. He emphasized that he is not calling for new all-time highs, but a significant counter-trend move.
Morpho Raises $175 Million for On-Chain Credit Infrastructure
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What you'll learn
- 1 (01:19) **CZ Binance Predicts Bear Market End Soon** - Binance founder tweets "Bitcoin won't be dead for too long" amid extreme fear and oversold conditions
- 2 (03:09) **Morpho Raises $175M for On-Chain Credit** - Paradigm, A16Z, and Ribbit Capital back lending protocol with $11B in deposits
- 3 (04:34) **Japan's Three Largest Banks Plan Joint Stablecoin** - MUFG, MSBC, and Mizuho target issuance by fiscal 2026
- 4 (07:55) **Chainlink Partners with FIFA World Cup** - Official prediction market partner enabling instant payouts for billions of fans
- 5 (08:26) **Trad.fi Targets $650M in On-Chain Private Credit** - Using AI evaluation for equipment financing in manufacturing, solar, and industrial sectors
- 6 (10:26) **US Crypto Tax Bills Face Lawmaker Concerns** - House Ways and Means Committee examines proposals, Democrats raise concerns about deferred taxation of mined assets
- 7 (11:50) **Tokenized Stocks Could Unlock $5 Trillion Market** - Securitize CEO Carlos Domingo argues on-chain stocks and ETFs far larger than current $30B tokenized asset sector
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Guests on this episode
Show Notes
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⏰ Time Stamps ⏰
00:00 Intro
00:24 CZ Binance bitcoin crypto
02:17 Morpho raises $175M onchain lending
03:39 Japan's Largest banks stablecoin
07:00 FIFA Chainlink
07:31 TradFi AI Onchain Credit
09:11 Crypto Tax legislation
10:35 Securitize $5 Trillion tokenized assets
12:17 Wall Street on Blockchain
13:42 UK Crypto ETNs
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