Who Really Drives Crypto? Binance CEO Names Key Factor

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. In a recent tweet, Binance CEO Richard Teng names a key factor that drives crypto. Crypto is not just driven by its underlying technology but by a bigger factor: people. Advertisement In the past, the discussion around cryptocurrency has often tilted toward the technology and prices, with conversations surrounding speed, scalability and increase in prices. But according to Teng, the real engine behind crypto is the people, and he added that builders, traders, educators and regulators all play a role. "Crypto is powered by people.Builders, traders, educators, and regulators all play a role," Teng wrote in a tweet. HOT Stories Schiff Claims Banking Lobby Crushed Crypto XRP Needs This Breakout for $2 Run, Bitcoin (BTC) Trendline Shows Price's Future, Shiba Inu (SHIB) Hunts for 100 EMA: Crypto Market Review Crypto is powered by people! Builders, traders, educators, and regulators all play a role. Together, we’re building a financial system that works for everyone. Advertisement — Richard Teng (@_RichardTeng) March 26, 2026 In his tweet, the Binance CEO outlined the various entities shaping the crypto industry far more than its technology. Teng implies that the crypto industry at its current advancement, flourishes because of the people in it. You Might Also Like Mon, 06/02/2025 - 13:47 Binance CEO Sends out Key Message to Crypto Community: Details By Tomiwabold Olajide In a recent announcement, Binance announced that Ethereum (ETH) soft staking is now supported on the platform. After the addition of Ethereum (ETH), Binance Soft Staking now supports a total of 19 tokens, including ETH, BNB, SOL, ADA, TRX, TON, SUI, NEAR, APT, POL, ALGO, IOTA, AXS, EGLD, THETA, DASH, STRK, S and BABY. Advertisement Crypto market maturing The market is maturing, according to Binance 's recent report; DeFi and infra remain the backbone, but AI is emerging as a serious contender. You Might Also Like Tue, 03/24/2026 - 10:26 Binance to Terminate Margin Support for XRP/BNB and 14 Other Major Altcoin Pairs This Week By Gamza Khanzadaev Wall Street firm Bernstein noted that the cryptocurrency's market structure has matured, with a shift from retail speculation to institutional ownership, making downturns less disorderly and potentially extending the current cycle. Bernstein points to a concentration of ownership among long-term holders and the increasing role of ETFs as sources of stability for Bitcoin, challenging fears that its four-year cycle might have peaked in 2025. The Wall Street firm believes that Bitcoin might have likely reached a floor and could rise to $150,000 by the end of 2026, being reshaped by a steady shift toward institutional ownership and financing. #Richard Teng #Cryptocurrency #Binance #Bitcoin