Kaysims

As global markets—crypto included—face mounting volatility, Binance CEO Richard Teng addressed growing concerns during the CEO Connect: April Edition AMA on Binance Square, emphasizing stability, long-term thinking, and Binance’s unwavering commitment to its users.Crypto Market Volatility: A Test of Trust and ResilienceIn response to a question on recent turbulence across the digital asset landscape, Teng acknowledged the heightened market tension, referencing key incidents like the MANTRA issue, the KiloEX DEX exploit, and AWS-related service interruptions that impacted several crypto exchanges.“It’s been quite a turbulent time for crypto recently — even the past week has been quite eventful,” Teng said. “Despite these challenges in the industry, Binance remains a reliable and sturdy force you can count on.”Binance Reinforces “Flight to Quality” as Traders Seek Safe HavensTeng reiterated the traditional finance principle of “flight to quality”, which sees investors flock to trusted, high-liquidity venues during uncertain times—a phenomenon that continues to play out clearly in crypto.“What’s notable in crypto is just how clearly and consistently this effect plays out for Binance. We’re extremely touched and honored by this trust,” he said.Binance's continued dominance in spot and derivatives markets serves as a testament to that trust, with retail and institutional users alike choosing the platform for its liquidity depth, security standards, and operational resilience.Market Cycles: Spring Always Follows Crypto WinterFor users discouraged by recent red candles and downtrends, Teng shared a message of perspective:“Crypto is a lot like seasons — bull markets bloom beautifully like spring, but sooner or later, winter comes. Understanding these market cycles is your first step to thriving in the long run.”His message emphasised that while short-term price action can be volatile, long-term strategic engagement with digital assets and blockchain utility yields the most sustainable rewards.Long-Term Commitment: “Binance Will Be Here Through Every Season”Teng closed the AMA segment by reaffirming Binance’s long-term mission:“At Binance, we’re here to support you through every season, making sure you have the tools, information, and security you need to navigate the market with confidence.”He encouraged users to embrace patience, safeguard assets, and recognise the broader value of digital currencies beyond price speculation.

According to BlockBeats, data from Coinglass reveals that OM faced liquidations totaling $28.61 million in the past hour. Of this amount, long positions accounted for approximately $28.14 million, while short positions saw liquidations of around $470,000.

According to BlockBeats, data from Coinglass reveals that OM faced liquidations totaling $28.61 million in the past hour. Of this amount, long positions accounted for approximately $28.14 million, while short positions saw liquidations of around $470,000.

According to Odaily, Robert Kiyosaki, author of 'Rich Dad Poor Dad,' has stated on social media that the largest stock market crash he predicted in his book 'Rich Dad's Prophecy' has arrived. He claims the current economy has entered a recession and may fall into a depression. Kiyosaki advises investors to focus on non-Wall Street assets, particularly physical gold, silver, and Bitcoin.

Kiyosaki highlights that after the collapse of paper asset markets, the Federal Reserve and the Treasury Department might resort to extensive money printing, which would lead to an increase in the value of gold, silver, and Bitcoin. He emphasizes that the rise in these asset prices actually reflects a decline in the value of the dollar, resulting in higher prices for essentials such as food, housing, and energy, indicating inflation.

I received hundreds of messages through Reachme.io, which I find incredibly helpful. However, many don't know how to communicate effectively with busy, impatient people like me. Here are some tips.
1. State your ask in the first sentence.
Start by clearly stating your request, like seeking investment, so I know what to focus on immediately. Don’t start with an intro, background, description, and only make an ask in the end. I won’t know what to read for.
2. Make your ask explicit. 
Many add vague asks like “would like your support” or “collaboration.” I wouldn’t know what you want. But if you say, “we are raising $500k at a $5m valuation,” it’s clear.
3. Make it concise.
Long messages are easy but show an unorganized mind. Short, concise writing is harder but easier for the reader.
4. Ask precise questions. 
Avoid broad questions like "What do you think about the crypto industry?" I address those in media interviews, so searching online for answers is better. Open-ended questions are tough to answer repeatedly.
5. Don’t waste money.
I won’t tell you which coin to buy.I won’t evaluate a project for you.I won’t interact with your meme coin just because you asked.I won’t jump on a call.I won’t give you crypto. I donate in bulk, but I can’t verify that you aren't a scammer individually.I won’t follow you just because you asked. It may come naturally.
6. If you want to recommend a project to me, you can write concisely why it is good, I will read it.
7. I would greatly appreciate any valuable feedback you may give me, and I will even pay you back.
8. I am looking for builders who can build. I am looking for talent.