The post Elizabeth Peng Appointed as COO of Celo Foundation to Drive Vision 2030 appeared on BitcoinEthereumNews.com. Caroline Bishop Aug 20, 2025 12:49 Elizabeth Peng has been promoted to Chief Operating Officer of the Celo Foundation to lead Vision 2030, aiming for growth in the Celo blockchain ecosystem. Elizabeth Peng’s New Role In a strategic move to drive its ambitious Vision 2030, the Celo Foundation has appointed Elizabeth Peng as its new Chief Operating Officer (COO). According to the Celo Foundation, Peng will oversee the execution of the organization’s agenda to expand the onchain economy and enhance the adoption of the Celo blockchain platform. Peng’s Journey at Celo Elizabeth Peng joined the Celo Foundation in May 2022 as Head of Communications. She brought with her a wealth of experience from her tenure in journalism, strategic consulting, and sustainability sectors. Since her arrival, Peng has played a pivotal role in elevating Celo’s narrative on a global scale, building connections with communities and partners aligned with Celo’s mission to foster global prosperity. In July 2023, Peng transitioned to Head of Marketing and Communications, where she was instrumental in Celo’s strategic positioning during its transition from an EVM-compatible Layer 1 blockchain to an Ethereum Layer 2 solution. Her leadership has been crucial in enhancing Celo’s voice within the broader crypto ecosystem, emphasizing real-world adoption, stable assets, and the core values of the Foundation. Vision 2030 and Future Prospects As COO, Peng will now manage the Foundation’s day-to-day operations, supporting its expanding network of builders, partners, and community members. Her leadership is expected to be pivotal as the Foundation seeks to scale its positive impact use cases and further integrate within the Ethereum community. Rene Reinsberg, President of the Celo Foundation and Co-Founder of Celo, expressed confidence in Peng’s capabilities, stating, “Her ability to combine strategic vision with operational discipline makes her the… The post Elizabeth Peng Appointed as COO of Celo Foundation to Drive Vision 2030 appeared on BitcoinEthereumNews.com. Caroline Bishop Aug 20, 2025 12:49 Elizabeth Peng has been promoted to Chief Operating Officer of the Celo Foundation to lead Vision 2030, aiming for growth in the Celo blockchain ecosystem. Elizabeth Peng’s New Role In a strategic move to drive its ambitious Vision 2030, the Celo Foundation has appointed Elizabeth Peng as its new Chief Operating Officer (COO). According to the Celo Foundation, Peng will oversee the execution of the organization’s agenda to expand the onchain economy and enhance the adoption of the Celo blockchain platform. Peng’s Journey at Celo Elizabeth Peng joined the Celo Foundation in May 2022 as Head of Communications. She brought with her a wealth of experience from her tenure in journalism, strategic consulting, and sustainability sectors. Since her arrival, Peng has played a pivotal role in elevating Celo’s narrative on a global scale, building connections with communities and partners aligned with Celo’s mission to foster global prosperity. In July 2023, Peng transitioned to Head of Marketing and Communications, where she was instrumental in Celo’s strategic positioning during its transition from an EVM-compatible Layer 1 blockchain to an Ethereum Layer 2 solution. Her leadership has been crucial in enhancing Celo’s voice within the broader crypto ecosystem, emphasizing real-world adoption, stable assets, and the core values of the Foundation. Vision 2030 and Future Prospects As COO, Peng will now manage the Foundation’s day-to-day operations, supporting its expanding network of builders, partners, and community members. Her leadership is expected to be pivotal as the Foundation seeks to scale its positive impact use cases and further integrate within the Ethereum community. Rene Reinsberg, President of the Celo Foundation and Co-Founder of Celo, expressed confidence in Peng’s capabilities, stating, “Her ability to combine strategic vision with operational discipline makes her the…

        Highlights:  The BNB price is down 2% to $1111.46, despite the trading volume spiking 26%. The BNB on-chain demand has slipped, with the open interest plummeting 3% showing a drop in demand.  The technical outlook shows a tight tug-of-war, with the bulls attempting to overcome resistance zones.   The BNB price is down 2% today, to trade at $1111.46. Despite the plunge, the daily trading volume has soared 26% showing increased market activity among traders. However, BNB Chain has seen declining network activity, with the open interest plummeting, signaling a drop in demand.  On Chain Demand on BNB Cools Off The BNB Chain is in a state of cooldown of network activity, which indicates low on-chain demand. In most instances, when a network fails to ensure large volumes or revenues, it means that there is low demand or outflows to other networks.  BNB DeFi Data: DeFiLlama According to DeFiLlama data, the volume of the Decentralized Exchanges (DEXs) is down to at least $2.12 billion in comparison to the high of $6.313 billion on October 8, which also means low on-chain liquidity.  On the other hand, Coinglass data shows that the volume of BNB has grown by 3.97% to reach $4.95 billion. However, the open interest in BNB futures has dropped by 3.36% to reach $1.74 billion. This reduction in open interest is an indication of a conservative stance by investors since the number of new positions being opened is low. This could be an indication that investors are not so sure about the short-term price outlook. BNB Derivatives Data: CoinGlass Meanwhile, the long-to-short ratio is sitting at 0.9091. This shows that the traders are undecided on BNB price’s next move, as it sits below 1.  BNB Price Moves Into Consolidation The chart displays the BNB/USD price action on a 4-hour timeframe, with the token currently hovering around $1111.46. The 50-day Simple Moving Average (SMA) is at $1113, while the 200-day SMA sits at $1129, cushioning the bulls against upside movement. The price has mostly been trending below both SMAs, indicating that the bears are having the upper hand.  The BNB trading volume is up, soaring 26%, signaling the momentum is real. On the 4-hour chart, BNB is trading within a consolidation channel. In such a case, this pattern may act as an accumulation period, giving the bulls hind wings to break above resistance zones.  BNB/USD 4-hour chart: TradingView Zooming in, the Relative Strength Index (RSI) sits at 44.15, below the 50 level. This shows weakening momentum in the BNB market, and might lead to the RSI plunging to the oversold region if the bulls don’t regain control. In the short term, the BNB price could move up to $1113 resistance and flip it into support. A close above this zone will see the bulls target $1126 resistance, giving the bulls strength to reclaim the $1230 mark.  Conversely, if the resistance zones prove too strong, a dip towards $1012 could be plausible. In such a case, this could be a prime buy zone for the risk-takers. In the long term, if the token keeps the hype alive, the bulls may reclaim the $1375 high or higher.    eToro Platform    Best Crypto Exchange   Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users    9.9   Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.