The Latest Breaking News 📣
— Starknet will airdrop STRK tokens on February 20
— Ether options open interest on CME on track to hit fresh all-time high
— Crypto gaming platform PlayDapp loses $290M worth of tokens in two exploits
— Ripple plans to acquire digital asset platform Standard Custody
— Peter Thiel’s Founders Fund invested $200 million in bitcoin and ether last year
👉 https://cryptorank.io/news
📈Market Overview
Bitcoin trades below $50K. The top-10 cryptos are traded in red zone:
Avalanche -3.44%
Cardano -1.11%
Solana -1.09%
Market capitalization: $1.95T (-0.48%)
The BTC dominance: 50.02% (-0.32%)
Fear & Greed Index: 74 (Greed)
👉 Top Gainers
Selfkey (KEY) +47.7%
WEN (WEN) +45.3%
Stronghold Token (SHX) +41.7%
👉 Today's Token Unlocks
The Sandbox (SAND): $84.71M
Alethea AI (ALI): $5.98M
Optimism (OP): $3.96M
👉 Recent Funding Round
Analog $16M funding round led by Tribe Capital
FORDEFI $10M Seed round led by Electric Capital
Watches $1.9M Pre Seed round led by Lemniscap
BTC Futures
Aggregated Volume — $73.1B
Aggregated Open Interest — $14.2B
👉 Derivatives Market Analytics
Account Abstraction Projects Landscape
Account abstraction (AA) is one of the most intriguing developments in crypto over the past year. Account abstraction was released on the Ethereum mainnet almost a year ago, and it is believed to be the feature that will drive mass adoption of the cryptocurrency.
Learn more about Account Abstraction and how it changes the crypto world in our latest article!
👉 https://cryptorank.io/insights/research/account-abstraction-path-to-mass-adoption
The Latest Breaking News 📣
— Bitcoin hits $50,000 as BlackRock leads best ETF launch in 30 years
— Spot Bitcoin ETFs saw $1.1 billion of inflows last week
— Franklin Templeton takes initial step for spot Ethereum ETF with new SEC filing
— Ethereum mainnet Dencun upgrade will go live on 13 March 2024
— New York expands fraud case against DCG to $3 Billion
👉 https://cryptorank.io/news
JUST IN: Bitcoin Hits $50,000 🚀
BTC is up 3.5% today 🔥
👉 https://cryptorank.io/price/bitcoin
Key Crypto Events This Week 🚀
Discover the week's most pivotal moments in crypto with CryptoRank!
- 12 Feb: Metis launches 2nd Season of the incentive testnet. Details.
- 12 Feb: Arbitrum Rush Program starts February 12 at 1 PM UTC and will last till March 31 Details.
- 12 Feb: Pixel on Binance launchpool, listing will be live on 19th February.
- 13 Feb: Avalanche introduces Durango upgrade on the Fuji testnet.
- 13 Feb: The U.S. releases January 2024 CPI data.
- 14 Feb: Mint free NFTs from Rainbow to receive 250 Rainbow Points.
- 15 Feb: The end of Do Kwon's detention.
- 15 Feb: Dusk Network launches Node running and tracking on Incentivized Testnet.
- 16 Feb: Drift Protocol's 8x Points Boost incentive contest ends.
- 16 Feb: Prove that you're not a robot in Meme by this date.
- 16 Feb: You can mint OAT from Argent for reviews till 16th February.
- 17 Feb: Claim Polygon zkEVM NFT; the deadline is 21st February.
- 18 Feb: $51M $MANTA Token Unlock.
Did we miss anything? Reply in comments to let others know! 🔥
Don't miss out on the daily activities in our Community Chat
👉 /channel/CryptoRankEn
Crypto News Weekly Recap #189 📣
— Bitcoin ETFs hit $10B milestone just one month after approval
— Ethereum gas fees hit 8-month high amid ERC-404 craze
— SEC delays another Ethereum ETF application
— Ethiopia’s cheap electricity is attracting Chinese mining companies
— Ethereum NFT volume approaching yearly high as Pudgy Penguins eye #2 spot
— CME trading volume reached highest in 3 years after Bitcoin ETF approval
— Solana experienced first outage in almost a year
— Genesis seeks approval to sell $1.6B in $BTC, $ETH, and $ETC held in Grayscale
👉 https://cryptorank.io/news
Top 10 Gainers of the Week 📈
Orange $ORNJ +414%
Shapeshift FOX Token $FOX +190%
Stronghold Token $SHX +146%
Cellframe $CELL +133%
SPACE ID $ID +127%
MANTRA $OM +98%
cheqd $CHEQ +87%
GAMEE $GMEE +78%
Syntropy $NOIA +72%
Numbers Protocol $NUM +68%
👉 https://cryptorank.io/performance
Top 7 Token Unlocks of the Upcoming Week
The following tokens with the largest unlock amount will be unlocked next week:
Aptos - $228.07M
Sei - $87.78M
The Sandbox - $85.39M
Uniswap - $55.34M
Manta Network - $40.28M
Lido DAO - $23.64M
ApeCoin - $21.99M
👉 https://cryptorank.io/token-unlock
How to Market Play Token Unlocks? 🔓
Have you ever tried to predict the token price movement based on the upcoming unlock? It may not be as easy as it looks 🤔
Vesting schedules are usually public, meaning that unlocks are expected by the market, creating an opportunity for more complex market play in event trading.
As a result, some token unlocks can become bullish events as a result of market manipulations and short squeezes. But is it possible to anticipate this? Let's find out in our latest article:
👉 https://cryptorank.io/insights/research/how-to-market-play-token-unlocks
Maximize Your Trading Experience by Using Token Unlocks on CryptoRank 👉 https://cryptorank.io/token-unlock
❗️Crypto Market Recap: January 2024
🤔 What happened in January?
- Spot Bitcoin ETFs were approved, but BTC closed the month in the red zone.
- The token sales market is on the rise, almost $61M was raised across 128 token sales.
- Several major projects have been launched, including $MANTA, $ALT, and $ONDO.
For more insights on January's crypto market performance, read our detailed recap:
👉 https://cryptorank.io/insights/reports/crypto-market-recap-january-2024
📈Market Overview
Bitcoin trades above $46K. The top-10 cryptos are traded in green zone:
Cardano +5.04%
Solana +4.19%
Bitcoin +3.85%
Market capitalization: $1.83T (+2.70%)
The BTC dominance: 49.61% (+1.17%)
Fear & Greed Index: 72 (Greed)
👉 Top Gainers
Gamer Arena (GAU) +170%
Orange (ORNJ) +126%
DevvE (DEVVE) +77%
👉 Today's Token Unlocks
GMT (GMT): $25.89M
DAO Maker (DAO): $22.56M
Optimism (OP): $3.54M
👉 Recent Funding Round
Superform $6.5M seed round led by Polychain Ventures
Omega $6M funding round with participation from Blockchain.com and Borderless Capital
Flood $5.2M Seed round led by Bain Capital Crypto and Archetype Ventures
BTC Futures
Aggregated Volume — $63.6B
Aggregated Open Interest — $13.1B
👉 Derivatives Market Analytics
Top 10 Most Popular Projects on Solana
Jupiter Exchange 1.28M
Raydium 522K
Magic Eden 189K
MeanFi 182K
marginfi 172K
Sol Incinerator 110K
Kamino Finance 81K
Wormhole 72K
Jito 68K
Drift Protocol 64K
👉 https://cryptorank.io/tags/solana-ecosystem
The Latest Breaking News 📣
— Ether tops $2.4K as Cathie Wood's Ark, 21Shares amend Spot ETH ETF filing
— Ethereum's Dencun upgrade reaches final ‘Holesky’ testnet
— CME trading volume reached highest in 3 years after Bitcoin ETF approval
— Wormhole announces airdrop and 4-year tokenomics plan
— Frax Finance launches Fraxtal, its new Layer 2
👉 https://cryptorank.io/news
Top 15 DeFi Projects by 30D Active Users
PancakeSwap - 1.69M
Jupiter - 1.26M
SyncSwap - 922K
Uniswap - 871K
Stargate - 738K
Raydium - 519K
L2Pass - 393K
Odos - 385K
Maverick Protocol - 291K
1inch - 282K
WOOFI - 275K
Mute - 273K
Jumper - 255K
0x Protocol - 251K
Wormhole - 217K
👉 https://cryptorank.io/categories/defi
Starknet Will Airdrop STRK Tokens on February 20
The total distribution amount exceeds 700 million STRK, and approximately 1.297 million wallets are eligible to claim it, including early users of ecosystem dapps, networks Contributors, Ethereum builders and open source developers.
Check your eligibility
👉https://provisions.starknet.io/
Top 7 Non-EVM Blockchains By 30D DEX Trading Volume
Solana $145B
Thorchain $18.7B
Sui $16.4B
Cardano $13.1B
MultiversX $11.4B
Bitcoin $11.2B
Osmosis $9.2B
👉https://cryptorank.io/categories/chain
Bitcoin is currently the 10th largest asset in the world by capitalization, with an estimated capitalization approaching $1 trillion.
Since October 2023, financial markets have entered a phase of active growth. The S&P index has grown by 18% since the end of October, and Bitcoin, as a more volatile asset, has grown by more than 60% during the same time. This increase has elevated its capitalization relative to other asset classes.
📈Market Overview
Bitcoin trades above $50K. The top-10 cryptos are traded in green zone:
Solana +7.95%
Ethereum +6.25%
Avalanche +6.17%
Market capitalization: $1.96T (+3.96%)
The BTC dominance: 50.20% (-0.14%)
Fear & Greed Index: 79 (Extreme Greed)
👉 Top Gainers
Nervos Network (CKB) +60.5%
NADA Protocol Token (NADA) +51.4%
WEN (WEN) +45.1%
👉 Today's Token Unlocks
Games For A Living (GFAL): $6.74M
Sweat Economy (SWEAT): $6.65M
Optimism (OP): $3.94M
👉 Recent Funding Round
Truflation $6M funding round led by Laser Digital and Red Beard Ventures
The Mystery Society $3M Seed round led by Shima Capital
Hydro Protocol funding round with participation from Quantstamp and SkyVision Capital
BTC Futures
Aggregated Volume — $82.2B
Aggregated Open Interest — $14.7B
👉 Derivatives Market Analytics
Bitcoin Crosses $49,000, Reaches Highest Level Since December 2021
Bitcoin price has recently crossed an important milestone and reaching a new YTD high of $49,140.
Will BTC break $50K this week? Share your thoughts in the comments
👉 https://cryptorank.io/price/bitcoin
Top 15 Projects by 30D Revenue
Maker - $13.9M
Lido - $7.1M
AAVE - $5.7M
MetaMask - $5.0M
PancakeSwap - $3.8M
GMX - $3.4M
Maestro - $2.9M
dYdX - $2.8M
Raydium - $2.4M
OpenSea - $2.3M
Curve Finance - $1.9M
Gains Network - $1.8M
Banana Gun - $1.7M
Venus - $1.4M
Uniswap Labs - $1.3M
👉 https://cryptorank.io/performance
📈Market Overview
Bitcoin trades above $48K. The top-10 cryptos are traded in red zone:
Cardano -4.65%
Avalanche -4.45%
Solana -3.21%
Market capitalization: $1.88T (-0.97%)
The BTC dominance: 50.27% (+0.69%)
Fear & Greed Index: 70 (Greed)
👉 Top Gainers
Gamer Arena (GAU) +96.7%
Numbers Protocol (NUM) +80.2%
Nosana (NOS) +38%
👉 Today's Token Unlocks
Aptos (APT): $222.38M
Oasys (OAS): $20.58M
Boba Network (BOBA): $5.94M
👉 Recent Funding Round
YogaPetz $6.5M funding round with participation from Animoca Brands and Soul Capital
Pixels $4.8M strategic round with participation from Fenbushi Capital and Framework Ventures
Unisat Pre Series A round with participation from OKX Ventures and ABCDE
BTC Futures
Aggregated Volume — $41.2B
Aggregated Open Interest — $13.8B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin trades above $48K. The top-10 cryptos are traded in green zone:
Cardano +4.85%
Avalanche +3.38%
Bitcoin +1.95%
Market capitalization: $1.90T (+1.41%)
The BTC dominance: 49.93% (+0.42%)
Fear & Greed Index: 71 (Greed)
👉 Top Gainers
NADA Protocol Token (NADA) +102%
DevvE (DEVVE) +81.7%
SwftCoin (SWFTC) +55.2%
👉 Today's Token Unlocks
Internet Computer (ICP): $42.9M
Magic Square (SQR): $25.54M
Optimism (OP): $3.82M
👉 Recent Funding Round
YogaPetz $6.5M funding round with participation from Animoca Brands and Soul Capital
Pixels $4.8M strategic round with participation from Fenbushi Capital and Framework Ventures
Unisat Pre Series A round with participation from OKX Ventures and ABCDE
BTC Futures
Aggregated Volume — $44.2B
Aggregated Open Interest — $13.6B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin trades above $47K. The top-10 cryptos are traded in green zone:
Avalanche +9.63%
Solana +4.92%
Bitcoin +2.40%
Market capitalization: $1.87T (+2.30%)
The BTC dominance: 49.71% (+0.17%)
Fear & Greed Index: 74 (Greed)
👉 Top Gainers
FIO Protocol (FIO) +79.3%
Victoria VR (VR) +76%
Restake Finance (RSTK) +66.8%
👉 Today's Token Unlocks
Cheelee (CHEEL): $196.85M
ChainGPT (CGPT): $9.97M
SIPHER (SIPHER): $9.18M
👉 Recent Funding Round
YogaPetz $6.5M funding round with participation from Animoca Brands and Soul Capital
Pixels $4.8M strategic round with participation from Fenbushi Capital and Framework Ventures
Unisat Pre Series A round with participation from OKX Ventures and ABCDE
BTC Futures
Aggregated Volume — $84.5B
Aggregated Open Interest — $12.9B
👉 Derivatives Market Analytics
Top 10 Cosmos Interchains by 7D TVL Growth
Celestia +349%
dYdX +85.8%
Archway +39.1%
MVC +34.2%
Stargaze +26.7%
Thorchain +17.5%
XPLA +16.6%
Injective +12.3%
Carbon +11.7%
Neutron +11.3%
👉 https://cryptorank.io/tags/cosmos-ecosystem
The Latest Breaking News 📣
— Bitcoin сrosses $46K as year of 'long' begins, easing ETF selloff
— Grayscale to see billions more bleed out of Bitcoin ETF as BlackRock and Fidelity gain edge
— Hong Kong launches consultation on regulatory proposals for OTC virtual asset trading
— Do Kwon granted appeal by Montenegro court, extradition revoked
— Prometheum, the only U.S.-registered crypto platform, picks Ether as Its first product
👉 https://cryptorank.io/news
💰 Crypto Fundraising Recap, January 2024
❗️ The fundraising activity dramatically decreased in January compared to the two previous months in terms of the money raised. However, despite the January’s decline, there is no reason to believe that the uptrend has ended.
Key Takeaways:
🔹 In January there were few huge rounds, therefore the amount of funds raised has decreased compared to December and November.
🔹 A total of 121 deals worth $579 million were closed, with the highest funding amounts going to CeFi ($250M) and Blockchain Service ($98M) startups.
🔹 The average size of a funding round is about $1-3 millions in January.
🔹 Bitcoin ecosystem and blockchain interoperability startups are in the focus of venture capital.
For more insights and a detailed analysis of January's investment trends, read our fresh Crypto Fundraising Recap.
👉 https://cryptorank.io/insights/reports/crypto-fundraising-report-jan-24
EigenLayer Surpasses $4.7B in Total Value Locked
EigenLayer's TVL has more than doubled since the last deposit window opened on February 5, showing an increase of almost 120%.
The restaking protocol EigenLayer currently accounts for 13% of total Liquid Staking TVL, which is amounts to $36.4 billion. Meanwhile, the liquid restaking protocols account for almost half of EigenLayer's TVL, reaching $2.46 billion. The leading LRT protocols are:
- ether.fi $853M
- Puffer Finance $590M
- Kelp DAO $343M
- Renzo $245M
- Eigenpie $221M
👉 https://cryptorank.io/tags/liquid-staking
📈Market Overview
Bitcoin trades below $45K. The top-10 cryptos are traded in green zone:
Solana +5.20%
Cardano +4.38%
BNB +3.76%
Market capitalization: $1.78T (+2.91%)
The BTC dominance: 49.05% (+0.52%)
Fear & Greed Index: 66 (Greed)
👉 Top Gainers
Pandora (PANDORA) +134%
BitTorrent (new) (BTT) +44%
Goldfinch (GFI) +35.6%
👉 Today's Token Unlocks
Ethereum Name Service (ENS): $30.55M
Hypercycle (HYPC): $25.8M
Optimism (OP): $3.58M
👉 Recent Funding Round
Omega $6M funding round with participation from Blockchain.com and Borderless Capital
LightLink $4.5M seed round with participation from JellyC and Block3 Ventures
GLIF $4.5M Seed round led by Multichain Capital
BTC Futures
Aggregated Volume — $54.1B
Aggregated Open Interest — $12.6B
👉 Derivatives Market Analytics
💎 ERC-404: New Narrative on Horizon
The world recently saw a new token standard, ERC-404, which combines fungible (ERC-20) and non-fungible (ERC-721) tokens, and it looks like it's going to be the next big thing in the crypto space!
How Does ERC-404 Works?
The easiest way is to describe it using an example. The first project to use the ERC-404 standard was Pandora, which has an issue of 10,000 tokens and 10,000 NFTs. Each holder of a fungible token also receives an NFT associated with the fungible token. Each time a user buys or sells $PANDORA, the NFT is minted or burned.
So far, Pandora and other ERC-404 tokens have seen huge gains over the past few days and keep growing. It also fits nicely into the current narrative of meme tokens. Follow them on CryptoRank to track their performance!
Pros and Cons of ERC-404
ERC-404 is designed to solve one of the key problems of NFTs, their liquidity, meaning it could be a game-changing solution for the NFT market.
While the new token standard is attracting a lot of attention, it has one significant drawback: ERC-404 is unaudited, which means it may have significant vulnerabilities. Be careful and DYOR!
On CryptoRank you can find all relevant info about ERC-404 projects in our new tag. The tag is updated regularly, stay tuned for updates!
👉 https://cryptorank.io/tags/erc404