​​KuCoin will list Ren (REN) and Loopring (LRC) on February 3rd. REN/USDT and LRC/USDT Trading will go live at 10:00 AM on Feb 3 (UTC).

​​DAOventures (DVG) will have a public sale on Polkastarter on February 18. A robo-advisor and automated money manager platform will offer $100K allocation of DVG tokens at $0.225 per token. The startup will enter the market on the same day with $430k initial circulating supply.

​​Top 20 most discussed cryptocurrencies on Twitter in January 2021. In the chart below you can find a share of mentions of each coin. Top 150 coins by market cap were analyzed.

​​Performance of the tokens that entered the market in 2021. Only tokens first time listed in 2021 were analyzed. Not all tokens are included.

​​Ethereum futures open interest shoots up nearly 40% overnight, hits a record total of $5.4 billion.

​​📈Market Overview

Bitcoin continues its upward movement. The price increased by +4.12%. At the moment, the price is above $38,000. The local peak, which was formed on January 29 after Elon Musk's tweet, is still $500 away.

According to Michelle, three coins from the Top-10 have updated ATH over the past day. Among them, Ethereum - $1690, Polkadot - $21.48, Chainlink - $25.93.

Market capitalization: $1.19T (+5.52%)
The BTC dominance: 59.64% (-1.31%)
Fear & Greed Index: 80 (Extreme Greed)

​​For the past few days, Grayscale investors added more Ethereum than Bitcoin.

Grayscale $ETH trust now holds $5 billion worth of Ethereum, 2.6% of the total supply.

​​The Latest Breaking News 📣

#1 Visa Partners with Black-Centered Bank for Crypto API Pilot - link

#2 China’s Central Bank Is Partnering With SWIFT on a New Joint Venture — link

#3 Saylor, MicroStrategy Offer Playbook for Corporate Bitcoin Adoption at Annual Summit — link

#4 PayPal is investing in a new business unit focused on crypto and digital currencies — link

#5 Retail interest soars as ‘Buy Crypto’ Google searches explode to new ATHs — link

#6 Tezos records highest number of contract calls in January with several dApps set to launch — link

​​FTX Listed Linear Finance

Linear Finance (LINA) is now available on FTX Exchange. Trading is opened for Spot and Futures markets.

​​Umbrella Network Partnered with YOP Finance

Umbrella Network, a community-owned Layer 2 Oracle solution for the DeFi market, partnered with YOP Finance, a yield-optimization platform & protocol.

​​Total Value Locked in DeFi Hit New ATH🚀

Total value locked across the spectrum of smart contracts, protocols and DApps built on Ethereum hit a new ATH of $32.10B.

Since the February of 2020 TVL in DeFi has surged by +3032%

​​Spike in Ethereum funding in 2020, indicating a bullish bias. Arbitrage opportunities between Bitfinex and other exchanges.

​​Prometeus will start PROM staking program with 1,000 PROM daily reward pool. The staking program will be available from Feb 5 till May 5 on Prometeus platform. Stake lock-up period: 90 days. Reward vesting period: 45 days.

​​KuCoin will list Klever (KLV) and BOSAGORA (BOA) on February 5th. BOA/USDT, KLV/USDT and KLV/BTC trading pairs will go live at 10:00 AM on Feb 5 (UTC).

​​OptionRoom (ROOM) token metrics. The startup will have two public fundraising rounds tomorrow on Polkastarter and Bounce Certified. ROOM will enter the market with initial market capitalization of $315k on February 5.

​​Terraform Labs has introduced its investment arm, Terraform Capital. The fund focused on Terra ecosystem will initially be seeded with $10 million. To be considered, projects must incorporate Terra assets, LUNA, TerraUSD, mAssets, or any of Terra’s other interchain stablecoins.

​​Yearn Finance's (YFI) DAI v1 vault got exploited. $2.8M drained. According the recent tweet from Yearn developer “the vault lost $11M. Deposits into strategies disabled for v1 DAI, TUSD, USDC, USDT vaults while we investigate”.

​​Top 20 most discussed new coins on Twitter in January 2021. In the chart below you can find a share of mentions of each coin. Only coins first time listed in 2020-2021 were analyzed.

​​Ethereum breaks $1,700 less than a week after passing $1.5k. Ethereum transaction fee has skyrocketed as well.

​​Tether has frozen 1.7M USDt that has been stolen as part of the hack of Yearn DAI v1 vault. Tether can freeze and reverse transactions for USDT issued on the Ethereum and TRON blockchains. Tether has recently reversed several failed DeFi transactions and frozen stolen funds from KuCoin.

​​The Latest Breaking News 📣

#1 $14 Million Gone in Yearn Finance exploit - link

#2 Robinhood reportedly allowing instant deposits for crypto purchases again as DOGE surges — link

#3 Bitcoin poised to form Golden Cross that could extend 2021 rally — link

#4 Following GameStop, South Korea Financial Regulator extends ban on short sales — link

#5 EY to extend enterprise blockchain to China on ‘localized’ Ethereum via BSN - link

#6 Bitcoin price could move to $50,000 as gold Falters, says Bloomberg analyst - link