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      CZ: A National Crypto Reserve Should Be Over 50% Bitcoin and 10-20% EthereumIn a Bitcoin Asia...

      CZ: A National Crypto Reserve Should Be Over 50% Bitcoin and 10-20% EthereumIn a Bitcoin Asia fireside chat published by Bitcoin Magazine on Aug. 28, 2026, Binance founder CZ cz_binance proposed that countries allocating crypto reserves take the top five cryptocurrencies by market cap and allocate strictly by market cap, leaving Bitcoin at 50-something percent and Ethereum at 10-20%. The real reason not to go all-in on Bitcoin, he argued, is not a lack of confidence in it but that an industry with only Bitcoin would grow much slower, and other blockchains' innovation actually helps Bitcoin grow. Bitcoin will likely serve as the global reserve currency for a very long time, CZ said.

      Source: Wu Blockchain
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud