Binance CEO Richard Teng says Bitcoin will continue its record rally and rise above $80,000 as institutional investors pour more money into cryptocurrency-backed exchange-traded funds. A Bitcoin ETF launched in the United States earlier this year has attracted institutional investors and new capital flows, Teng said at an event in Bangkok on Sunday, adding that "we are just getting started." Teng said he earlier estimated that Bitcoin would end the year at around $80,000, but now believes it ...
