Binance Founder CZ Encourages Crypto Holders While Wells Fargo Buys Bitcoin

Last week Wells Fargo begun to amass Bitcoin (CRYPTO: BTC) in substantial amounts. This development has elicited reactions from the cryptocurrency community, including a response from Changpeng Zhao, the founder of Binance.

Wells Fargo’s decision to purchase large quantities of Bitcoin comes at a time of increasing uncertainty in the wider cryptocurrency market.

In response to this move, Changpeng Zhao, Binance’s founder, has called on traders to remain resilient.