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Binance co-founder and former CEO Changpeng Zhao denied rumors that the cryptocurrency exchange is up for sale.

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“Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao said on Feb. 17 on X. “As a shareholder, Binance is not for sale.”

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“Some lowly self-perceived competitor in Asia fudding about Binance (CEX) for sale,” Zhao said on Feb. 17 on X. “As a shareholder, Binance is not for sale.”

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Binance co-founder and former CEO Changpeng Zhao denied rumors that the cryptocurrency exchange is up for sale.

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In the past trading week, Bitcoin ETP inflows tumbled around 19% from inflows during the previous week, totaling $407 million.

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Despite losing to Ether in weekly inflows, Bitcoin continues to lead overall with year-to-date inflows of nearly $6 billion — 505% higher than Ether’s YTD total.

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Despite losing to Ether in weekly inflows, Bitcoin continues to lead overall with year-to-date inflows of nearly $6 billion — 505% higher than Ether’s YTD total.

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In the past trading week, Bitcoin ETP inflows tumbled around 19% from inflows during the previous week, totaling $407 million.

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Based on its correlation with the global liquidity index, Bitcoin’s right-hand side (RHS), which marks the lowest bid price someone is willing to sell the currency for, should peak near $110,000 in January before falling below $70,000 by February.

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Based on its correlation with the global liquidity index, Bitcoin’s right-hand side (RHS), which marks the lowest bid price someone is willing to sell the currency for, should peak near $110,000 in January before falling below $70,000 by February.

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Bitcoin is set for a “local top” above $110,000 in January before an “interim peak in liquidity” may lead to a deeper correction, according to Raoul Pal, founder and CEO of Global Macro Investor. Pal shared his analysis in a Nov. 29 X post.

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The year 2024 will be remembered as a landmark chapter in crypto history. From surging mainstream demand for Bitcoin-regulated financial products to an expected crypto-friendly White House, the Web3 industry has made significant strides despite facing notable challenges along the way.

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If you have never heard about it, make a note of this word: tokenization. It refers to the art of turning traditional assets into tokens, making them tradable, even in small fractions.

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According to data from RWA.xyz, the total value of tokenized assets now stands at nearly $13.9 billion, a 67% jump from $8.3 billion in January.

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One of the advancements in this field is undoubtedly the emergence of zero-knowledge (ZK) proofs, a technology that allows a human to prove themselves without revealing any personal information. Startups developing this technology include Worldcoin, ONCHAINID and RisedID, to name a few.

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Community-driven energy services, online storage and internet connectivity are already a reality through decentralized physical infrastructure networks, or DePINs.

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“It is the only Web3 vertical generating revenue and fundamentals with zero correlation to the crypto market, delivering real-world value,” Álvaro Gracia, partner at Borderless, told Cointelegraph.

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According to He, not only investors but also large holders of BTC, such as MicroStrategy, are looking for additional sources of revenue through the fusion of Bitcoin and decentralized finance.

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The figures reflect a recovery from 2023 when crypto firms received $10.1 billion in VC funding. However, the industry is still far behind its 2021 peak, when crypto startups secured $32.4 billion.

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Venture capital funding into blockchain-based startups reached $13.6 billion in 2024, according to data from the DeFi Report. This amount represents 4.9% of the total $279 billion in venture capital investments for the year.

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