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CZ Responds to New Book Manuscript Being "Free Publicity," Namesake Meme Coin Freedom of Money Surges to $8 Million

2 hours ago

On February 28th, GMGN monitoring (via this link) reported that a meme coin on BSC surged over 5,000% in one hour. It hit a peak market cap of $8 million, has since retraced to $5.5 million, and recorded a 24-hour trading volume of $8.8 million. The rally was sparked by Binance founder CZ’s response to *The New York Times*, where he referenced “Freedom of Money” as his upcoming book’s title—providing free publicity for the draft and driving buzz around its impending release. Notably, CZ later addressed a user’s question about whether the book’s Chinese title remains “Binance Life,” stating: “That’s the current plan, but subject to change.”
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Bitdeer has sold all 166 BTC mined this week, totaling approximately $10.96 million.

February 28 Bitdeer (BTDR), the Bitcoin mining firm led by Wu Jihan, mined 166 BTC and sold the exact same amount in the week ending February 27, totaling roughly $10.96 million. The company’s BTC balance remains at 0. On February 22, Bitdeer announced it had liquidated all its own BTC holdings, and all newly mined BTC was also sold. Wu Jihan later noted: “A current 0 BTC holding does not mean this will be the case going forward.”

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Due to the continued rise in spot silver price, the largest on-chain silver short recently reduced their position by $4.4 million

As of February 28, HyperInsight monitoring shows spot silver prices have continued to climb this month, breaking above $94 overnight and into this morning. The whale address (0x8af)—which has held a silver short position since January 28—now faces unrealized losses of $1.28 million, with a loss ratio of 85%. Currently, the address holds approximately $10.47 million in short positions on SILVER (Silver Mapping Contract), with an average entry price of $83.1 and a liquidation price of $105. It’s the largest on-chain silver bear. Sources note the address once held significant unrealized profits after opening the position last month, but recent price gains have flipped it to a loss. Over the past 5 days, it has closed roughly $4.4 million of its position.

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Cryptocurrency Startup Funding Sees $883 Million Influx in February, a Slight 13% Decrease From the Same Period Last Year

February 28 – Crypto startups raised a total of $883 million in February, despite a market downturn, marking a slight 13% drop from the same period last year. Among them, Flying Tulip (FT) – a new project from DeFi architect Andre Cronje that billed itself as “rug pull-proof” – secured $206 million in funding. However, shortly after launch, FT’s on-chain price fell below its listing price of $0.1, undermining its marketing claims of being “rug pull-proof” and offering principal protection. Social commerce platform Whop received a $200 million investment from Tether, pushing its valuation to $16 billion. Anchorage Digital, the first federally chartered digital asset bank in the U.S., closed a $1 billion funding round, lifting its valuation to $4.2 billion. Stablecoins, artificial intelligence, and institutional tools have emerged as key investment hotspots for 2026.

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Yesterday the US Ethereum Spot ETF saw a net outflow of $43 million

On February 28, per Farside data, U.S. Ethereum spot ETFs posted a net outflow of $43 million yesterday—snapping a three-day streak of net inflows. Notably, BNY Mellon’s ETHA accounted for the entire $43 million outflow, with all other ETFs registering no net flows.

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Yesterday the US Bitcoin Spot ETF saw a net outflow of $27.5 million

On February 28, per Farside monitoring data, U.S. Bitcoin spot ETFs saw a net outflow of $27.5 million yesterday, ending three straight days of net inflows. Of those, Belay IBIT recorded a net outflow of $32.7 million, while BTCO posted a net inflow of $3.3 million.

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Established Japanese Company Daito Co., Ltd. Announces Plan to Purchase Up to $6.4 Million in Bitcoin

On February 28, 147-year-old Japanese firm Datong Limited announced it will purchase up to 1 billion yen (≈$6.4 million) in Bitcoin as an inflation and yen depreciation hedge.

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