Binance has spun off Binance Labs, a $10 billion venture capital unit.

Bitcoin mining difficulty has increased to T 83.95, which is a record high.

Spot Bitcoin ETFs saw significant inflows of nearly $500 million on February 12, according to a Bloomberg report.

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Bitcoin reached the $50,000 level for the first time since December 2021, supported by strong ETF inflows and signs of institutional accumulation last week.

After plunging 64% in 2022, Bitcoin has tripled in value since the beginning of last year. In fact, Bitcoin is now below its all-time high of nearly $69,000 set in November 2021.

$BTC
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A whale transferred more than 13 million dollars of Ripple to the exchange
Ripple, the 6th largest cryptocurrency by market capitalization, has seen whales of activity in the past 24 hours, with an unknown wallet transferring a total of 25.82 million Ripples to Binance, the world's largest cryptocurrency exchange by trading volume.

According to Whale Alert, this whale attracted attention by transferring 13.5 million dollars of Ripple to Binance, and many consider it to be the sale of capital. Generally, when whales transfer money from their wallets to the exchange, it is for the purpose of selling.

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✔️ Important news of the crypto market in the past week:

⚫ Meta is considering approving the Bitcoin ETF ad on the platform

⚫ Trump plans to fire Federal Reserve Chairman Powell if elected

⚫ Hackers violated the rules systems of Google, Tik Tok and Meta

⚫ SEC forced Ripple to release financial information and reports
⚫ Solana team identified the definite problem of this network

⚫ The SEC has intensified its supervision of digital currency traders

SEC Delays Decision on ETH ETF

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Sentiment reports that the cryptocurrency market has rebounded sharply after recent losses, with Bitcoin reaching $46.3k for the first time since January 11.

$BTC

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An Australian court has ruled that crypto yield products require a financial services license, but pass through products in DeFi may not, underscoring the importance of marketing and regulatory compliance for cryptocurrency businesses. .

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Solana engineers have determined the reason for the network outage.

While the team did not say what caused the network congestion, it has released new validation software that includes a patch to fix the problem that stopped the network.

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• The trading volume of Bitcoin ETFs exceeded 30 billion dollars.

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What will be the price of bitcoin on halving in april 2024?

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Hong Kong will approve the first Bitcoin ETF in the next 90 days.

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Bitcoin 280,000 dollars?

Edwards, one of the top figures in crypto, points out that if the period after the Bitcoin halving in 2024 is similar to the period in 2020, the value of this digital currency could potentially reach $280,000 next year.
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The recent XRP hack of Ripple co-founder Chris Larsen has sent shockwaves through the crypto community and the XRP army. In the latest news, the Binance exchange has announced its strategic move to help Ripple recover the stolen amount by blocking approximately $4.2 million of stolen XRP.

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According to research, (KYC) data of Binance customers is being sold on the dark web.

Binance has denied any data breach and said user accounts are secure.

✔️ Important news of the crypto market in the past week:

CFTC warns about artificial intelligence scams

Finnish authorities traced Monroe's involvement in the hacking case

FTX sells digital currencies to customers for reimbursement

Google Allowed Bitcoin and Crypto ETF Ads

Liechtenstein Enables Crypto for Government Services

Javier Maile of Argentina wants to eliminate the crypto tax

Larsen's Ripple Personal XRP Accounts Hacked

Genesis has agreed to settle a US SEC lawsuit over its lending project

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The market survey shows the Saudi trend:
Investors predict that Bitcoin will cross $69,000 after the halving.
Saudi?
Descendant?
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#MyFirstSquarePost Hello, Binance Square!