CryptoUpdated×6•Originally published 7 May 2026•Updated 10 May 2026•
1 min read

CZ Discusses Bitcoin Cycles with Cathie Wood Following Exoneration from 2025 Flash Crash

Portraits of Changpeng Zhao and Cathie Wood flanking a glowing Bitcoin coin amidst legal documents on an orange background.

Key Facts

1The Binance founder stated that BNB Chain is the optimal payments rail for automated transactions between AI agents.
2CZ noted that U.S. crypto policies are improving.

Binance founder Changpeng Zhao (CZ) recently engaged in a high-profile discussion with Cathie Wood regarding Bitcoin market cycles and the aftermath of the October 2025 flash crash. The conversation highlighted critical gaps in global finance, with Binance data revealing that 1.3 billion adults lack basic financial services and 4.7 billion lack access to credit. Zhao noted that emerging-market users are increasingly treating crypto exchanges as banking alternatives, a trend driven by the lack of deposit interest for 1.4 billion savers worldwide. Cathie Wood emphasized that institutional interest remains robust, with firms utilizing market pullbacks to accumulate assets as Bitcoin targets the $88,000 level. This functional shift toward decentralized banking comes as Zhao’s exoneration from the 2025 crash provides a psychological boost to the sector. Investors are now focused on how Trump administration policies and the BNB Chain ecosystem will address these global financial exclusions while driving market growth.