Former Binance CEO Changpeng Zhao, popularly known as CZ, is a Chinese‑Canadian entrepreneur who co‑founded Binance and served as its CEO until late 2023. Under his stewardship, Binance grew from a small startup into the world’s largest cryptocurrency exchange by trading volume, handling over $76 billion in daily transactions.
CZ remains an outspoken voice in crypto, predicting that the total market cap could hit $5 trillion by 2025 and that Bitcoin itself may reach between $500,000 and $1 million in this cycle. Below, we explore who the former Binance CEO Changpeng Zhao is, his leadership at Binance, and present a Bitcoin price prediction chart for 2025 and beyond according to CZ.
Changpeng Zhao (CZ) was born in Lianyungang, Jiangsu province, China, in 1977 and immigrated to Canada as a teenager. He earned a bachelor’s degree in computer science from McGill University in Montreal, laying the technical foundation for his later ventures. After graduation, CZ built matching‑engine software for a Tokyo Stock Exchange contractor and then spent four years at Bloomberg Tradebook developing futures‑trading systems.
By 2017, CZ leveraged this background to launch Binance, quickly scaling the platform through aggressive marketing, deep liquidity pools, and a referral‑driven growth model. His personal net worth peaked at nearly $95.9 billion in 2023, making him the second‑richest Canadian at the time. In November 2023, CZ stepped down as Binance CEO and pleaded guilty to U.S. anti‑money‑laundering charges, receiving a four‑month sentence and a $4.3 billion penalty.
Under CZ’s vision, Binance went live in July 2017 with a simple mission: to remove barriers between cryptocurrencies and users worldwide. Within six months, Binance handled over $1 billion in daily trading, and by early 2018, it was the top global exchange by volume. As Binance CEO CZ emphasized a “customer‑first” culture, fast listings, 24/7 support, and ultra‑low fees, which fueled hyper‑growth and user loyalty.
As Binance CEO Changpeng Zhao pioneered token launches (ICOs) on Binance Launchpad, introduced Binance Smart Chain for DeFi, and rolled out fiat on‑ramps in over 100 countries. He guided Binance through regulatory headwinds by establishing local entities in Malta, Singapore, and the U.S., balancing compliance with agility. Even after stepping down, CZ’s strategic blueprints—such as cross‑chain bridges and educational initiatives—continue to shape the platform’s roadmap.
Beyond Binance, CZ forecasts that the total cryptocurrency market cap could surge to $5 trillion by the end of 2025, driven by institutional adoption and spot‑Bitcoin ETFs. He believes decentralized finance (DeFi) and Web3 applications will add trillions in value, mirroring the early internet’s tax‑free transactions. CZ’s stance is that wider regulatory clarity will unlock trillions in dormant capital, accelerating crypto’s integration into traditional finance.
Recently, Changpeng Zhao became the Strategic Adviser to the Pakistan Crypto Council. As part of his advisory role, Zhao will work closely with government entities to support regulation, infrastructure development, education, and mass adoption of crypto technologies in the country. CZ also recently collaborated with Kyrgyzstan’s National Investment Agency and joined the country’s National Crypto Committee. He actively advises governments on crypto frameworks and blockchain technology.
The Bitcoin price prediction chart as per former Binance CEO Changpeng Zhao, is highly bullish. CZ believes that Bitcoin will hit $500,000 or $1M this bull cycle. As the original Binance CEO Changpeng Zhao has immense crypto market experience to make such informed predictions.
As the co-founder of the world’s biggest cryptocurrency exchange, CZ has suggested that Bitcoin will break new heights soon. In recent interviews, CZ has predicted Bitcoin may reach between $500,000 and $1 million, citing growing institutional demand and macro‑hedging trends. He argues that as more asset managers launch spot‑Bitcoin ETFs, liquidity inflows will drive price momentum past previous ATH levels. CZ also notes that macro stresses—like inflation and geopolitical turmoil—make Bitcoin an attractive store of value, further supporting his high‑end forecasts.
Interpreting the Bitcoin price prediction chart according to bullish industry experts:
The ex-Binance chief’s visionary leadership at Binance has brought it to the position it holds today in equity markets as the leading crypto exchange. People take his predictions seriously, and he has also made a Bitcoin price prediction chart before that BTC would hit $1Million before crashing to $985,000; however, he did not place a timeline for it. He expects the BTC market cap to hit $5 trillion by the end of 2025, and he also believes the Bitcoin bull run will extend beyond 2025.
About the Author: Sarah Zimmerman is a seasoned crypto and Web3 news writer passionate about uncovering the latest developments in the digital asset space. With years of hands-on experience covering blockchain innovations, cryptocurrency trends, and decentralized technologies, she strives to deliver insightful and balanced news that empowers her readers. Her work is dedicated to demystifying complex topics and keeping you informed about the ever-evolving world of technology.