Thursday, December 8

© Reuters. Bitcoin, Ethereum, Dogecoin Rebound After Binance’s CZ Declares ‘Industry Recovery Funds’ To Ease FTX Ripple Effects

Benzinga – Binance CEO Changpeng “CZ” Zhao’s latest announcement on Twitter has triggered a rebound in the prices of (CRYPTO: BTC), (CRYPTO: ETH) and other cryptocurrencies.

What Happened: CZ said he’s forming an “industry recovery fund” to support “strong” companies and projects that are struggling with liquidity in the aftermath of the collapse of FTX, saying he would reveal more details soon.

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