📈Market Overview
Bitcoin is trading relatively flat at $23,421. The world’s largest digital asset is up 1.12% in the last 24 hours. Meanwhile, Ethereum is up 2.36% to $1,637. The latest move marked a modest comeback after a grim week for risk assets, with US equities suffering thanks to above-expected inflation data.
The Top-10 cryptocurrencies are traded in different directions: Ethereum +2.36%, BNB +0.98%, XRPL -0.59%.
Market capitalization: $1.14T (+1.52%)
The BTC dominance: 39.64% (-0.37%)
Fear & Greed Index: 50 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Ternoa (CAPS) +66.4%
Stacks (STX) +26.6%
Step.app (FITFI) +23.4%
👉 Top Losers
MEVerse (MEV) -14.4%
ArchLoot (ALT) -12.1%
STP Network (STPT) -11.9%
BTC Futures
Aggregated Volume — $29.2B
Aggregated Open Interest — $9.16B
👉 Derivatives Market Analytics
📈Market Overview
Bitcoin threatened to ditch $23,000 as support on Feb. 25 as an ongoing price correction strengthened into the weekend. A point of optimism meanwhile came in the form of Bitcoin network fundamentals, with difficulty increasing 9.95% in its latest automated readjustment — the biggest since mid-January.
The Top-10 cryptocurrencies are traded in green zone: OKB +3.1%, BNB +0.8%, Polygon +0.3%.
Market capitalization: $1.13T (+0.87%)
The BTC dominance: 39.66% (-0.18%)
Fear & Greed Index: 51 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Moonwell Artemis (WELL) +91.7%
ParagonsDAO (PDT) +29.5%
RSK Infrastructure Framework (RIF) +25.4%
👉 Top Losers
SODA Coin (SOC) -16.1%
Aion (AION) -15.7%
Hop Protocol (HOP) -13.5%
BTC Futures
Aggregated Volume — $18.1B
Aggregated Open Interest — $9.2B
👉 Derivatives Market Analytics
📈Market Overview
Strong inflation data has pulled Bitcoin and select altcoins below their immediate support levels, signaling a few days of corrective action. A drop in the cryptocurrency markets may start a discussion that the rally in January may have been a bull trap. However, the price action in Bitcoin and several altcoins shows that a bottoming formation may have begun. The next dip may form a higher low before attempting a move higher.
The Top-10 cryptocurrencies are traded in red zone: Polygon -6.1%, Cardano -4.2%, OKB -3.7%.
Market capitalization: $1.12T (-2.81%)
The BTC dominance: 39.62% (-0.56%)
Fear & Greed Index: 52 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Moonwell Artemis (WELL) +42.1%
Hop Protocol (HOP) +34.2%
Unbound Finance (UNB) +33.5%
👉 Top Losers
Taki (TAKI) -37.9%
DappRadar (RADAR) -31.2%
LeisureMeta (LM) -22.7%
BTC Futures
Aggregated Volume — $40.9B
Aggregated Open Interest — $9.4B
👉 Derivatives Market Analytics
The Latest Breaking News 📣
- Coinbase will launch a Layer 2 Ethereum Network called Base
- MetaMask Bridges launches support for L2 networks Arbitrum and Optimism
- Ark Invest adds another $13 million worth of COIN
- SEC objects to Binance.US’ $1B Voyager deal
- Web3 music streaming platform Audius integrates TikTok
👉 https://cryptorank.io/news
Towns has closed a $25.5M Series A round led by A16z crypto, with participation from Benchmark and Framework. The startup is building a protocol and app that aims to enable better digital town squares.
👉https://cryptorank.io/ico/towns
👉https://cryptorank.io/funding-rounds
Coinbase will Launch a Layer 2 Ethereum Network Called Base
Coinbase has introduced Base, a trial version of its new Ethereum Layer 2 network, at the ETHDenver conference. The network will not have its own dedicated token, and to support its development, Coinbase will also launch the Base Ecosystem Fund which invests in and supports early stage projects building on Base.
👉 https://www.coindesk.com//tech/2023/02/23/coinbase-launches-layer-2-blockchain-base-to-provide-onramp-for-ethereum-solana-and-others/
DeFi Total Value Locked Soars 37% Since the Beginning of 2023
Since the beginning of the year, the total value locked (TVL) in DeFi has surged by 37%, growing from $68.2B to $93.9B. This increase in TVL spans across a range of smart contracts, protocols, and DApps built on all chains.
👉 https://cryptorank.io/categories/defi
📈Market Overview
Bitcoin faced yet another rejection at $25,211, which may have tempted the short-term bulls to give up and book profits. In an uptrend, buyers try to protect the 20-day EMA and then the 50-day simple moving average ($21,772).
The Top-10 cryptocurrencies are traded in green zone: OKB +7.1%, Polygon +3.2%, BNB +1.8%.
Market capitalization: $1.18T (+1.68%)
The BTC dominance: 39.96% (-0.45%)
Fear & Greed Index: 56 (Greed)
https://cryptorank.io/heatmaps
👉 Top Gainers
Sperax (SPA) +57.5%
Velo (VELO) +52.3%
DappRadar (RADAR) +41.5%
👉 Top Losers
BinaryX (BNX) -21.2%
DAFI Protocol (DAFI) -19.3%
Tap (XTP) -18.1%
BTC Futures
Aggregated Volume — $41.4B
Aggregated Open Interest — $9.4B
👉 Derivatives Market Analytics
60% Extra Staking Yields with Stader BNB
Mint exclusive NFTs and earn boosted BNB staking yields up to 60%. Staking window ends on 28 Feb 2023, 1400 UTC.
👉 https://twitter.com/stader_bnb/status/1626579719918604289
Top 10 Game-fi Startup Funding Rounds Recently Added on CryptoRank
Mino Games leads, followed by Yield Guild Games, Azra Games, and Strider. For more insights, visit Funding Rounds page.
👉https://cryptorank.io/funding-rounds
📈Market Overview
Bitcoin sees fresh $25K rejection as pre-Wall Street volatility returns, matched six-month highs on Feb. 21 as the latest attempt to flip $25,000 to support failed.
The Top-10 cryptocurrencies are traded in red zone: OKB -7.9%, Polygon -7.4%, Cardano -4.2%.
Market capitalization: $1.16T (-2.93%)
The BTC dominance: 39.98% (-0.54%)
Fear & Greed Index: 59 (Greed)
https://cryptorank.io/heatmaps
👉 Top Gainers
RSK Infrastructure Framework (RIF) +73.4%
DappRadar (RADAR) +59.2%
Function X (FX) +41.6%
👉 Top Losers
BoringDAO (BORING) -48.3%
IRIS Network (IRIS) -36.8%
CherrySwap (CHE) -34.7%
BTC Futures
Aggregated Volume — $48.9B
Aggregated Open Interest — $9.4B
👉 Derivatives Market Analytics
Chaos Labs has raised $20 million in seed funding, led by PayPal Ventures and Galaxy Digital, for its decentralized finance worst-case scenario simulation platform.
👉 https://cryptorank.io/ico/chaos-labs
Perpetual DEXs have become increasingly popular in recent months, and by analyzing metrics such as TVL and treasury, we can better understand the growth and long-term potential of these platforms.
GMX has a TVL of over $1.1 billion and offers trading with up to 50x leverage, making it a popular platform for advanced traders. dYdX, on the other hand, has a TVL of over $392M.
With the CryptoRank.io portfolio tracker, you have the ability to investigate the treasury of the top perp DEXs.
GMX $652M
dYdX $101M
Vela Exchange $24.1M
Mummy Finance $14.7M
Level Finance $7.4M
Metavault.Trade $6.7M
Mycelium $5.6M
👉 https://cryptorank.io/tags/perpetuals
The Latest Breaking News 📣
- Hong Kong plans to lift ban on retail crypto trading
- Crypto hedge fund Galois Capital shuts down after losing $40M to FTX
- FTX Japan to resume crypto and fiat withdrawals
- Animoca Brands invests in EthSign to back its new product TokenTable
- Huobi, Gate, OKX and others have applied for licenses of Hong Kong exchanges
👉 https://cryptorank.io/news
📈 Top 10 Gainers Among Perpetual DEXs in The Last 30 Days
$LVL +566%
$EDE +509%
$PALM +294%
$MMY +222%
$FOREX +166%
$MVX +157%
$KWENTA +131%
$GNS +101%
$DERI +101%
$FST +84%
👉https://cryptorank.io/tags/perpetuals
Top 10 Fundraising Rounds This Week
Towns leads, followed by Beldex, Chaos Labs, and Kratos Studios. For more insights, visit Funding Rounds page.
👉https://cryptorank.io/funding-rounds
7 token sales were conducted last week with a total of $13.93M raised. It is worth noting that fundraising via ICO/IEO/IDO is at the lowest level since 2021.
Follow the links for even more insights
👉https://cryptorank.io/ico-analytics
👉https://cryptorank.io/fundraising-platforms
Crypto fundraising has become a buzzworthy topic in the crypto community as more and more investors pour money into promising projects. However, recent data shows a decrease in fundraising activity compared to previous quarters.
In this blog post, we’ll take a deep dive into the state of crypto fundraising and explore the trends, challenges, and opportunities that are shaping this rapidly evolving landscape.
👉https://news.cryptorank.io/the-state-of-crypto-funding/
📈Market Overview
Bitcoin 16% price gain between Feb. 13 and Feb. 16 practically extinguished the bears' expectation for a monthly options expiry below $21,500. As a result of the abrupt rally, these bearish bets are unlikely to pay off, especially since the expiry occurs on Feb. 24. However, bulls were not counting on the strong price rejection at $25,200 on Feb. 21, and this reduces their odds of securing a $480 million profit in this month’s BTC options expiry.
The Top-10 cryptocurrencies are traded in red zone: Polygon -3.6%, Cardano -2.3%, XRPL -2.1%.
Market capitalization: $1.16T (-1.24%)
The BTC dominance: 39.70% (-1.02%)
Fear & Greed Index: 53 (Neutral)
https://cryptorank.io/heatmaps
👉 Top Gainers
Oddz Finance (ODDZ) +96.2%
Sonne Finance (SONNE) +78.6%
Taki (TAKI) +70.5%
👉 Top Losers
Defactor (FACTR) -41.9%
Camelot Token (GRAIL) -23.2%
DappRadar (RADAR) -22.4%
BTC Futures
Aggregated Volume — $40.9B
Aggregated Open Interest — $9.4B
👉 Derivatives Market Analytics
Carbon is Integrating Pi Network into its Web3 Browser
Carbon is currently integrating the PiNetwork into its top-rated web3 browser, utilizing the Pi SDK to integrate Pi Currency, the Pi Platform, and the PiWallet.
👉https://twitter.com/trycarbonio/status/1628328345296306178
Venture capitalists are continuing to focus on early-stage funding rounds, with a combined total of $622M USD raised in Q4 for pre-seed and seed rounds. On the other hand, later-stage rounds like Series A, B, C, and D tend to have fewer successful projects and bigger total capital raised. However, as the crypto market expands and higher-quality projects emerge, we may see a shift towards more funding in post-seed rounds.
👉 https://cryptorank.io/funding-analytics
The Latest Breaking News 📣
- Uniswap has announced buyers can purchase NFTs with any ERC20 token
- Arbitrum surpasses Ethereum mainnet in daily transactions
- Ethereum Shanghai upgrade scheduled on testnet for Feb 28
- Google Cloud to become validator on Tezos Network
- Spotify is testing token-enabled music playlists
👉 https://cryptorank.io/news
TipLink, a crypto payments platform built on the Solana blockchain, has closed a seed funding. Sequoia Capital and Multicoin Capital co-led the round, with Solana Ventures, Circle Ventures, Paxos, Asymmetric, Big Brain Holdings and others.
👉 https://cryptorank.io/ico/tiplink
👉https://cryptorank.io/funding-rounds
⚡️Arbitrum Surpasses Ethereum Mainnet in Daily Transactions: Sets Record High
Arbitrum saw a record high of 1.10M transactions on February 21, surpassing Ethereum mainnet by 1.08M transactions. In comparison, Optimism had around 180,000.
One possibility is that more users are turning to layer-2 solutions like Arbitrum to avoid high gas fees and network congestion on Ethereum mainnet. Another factor could be the growing popularity of DeFi applications, which are known for their high transaction volume.
👉 https://cryptorank.io/blockchains
The Latest Breaking News 📣
- Mastercard to allow crypto payments in Web3 via USDC settlements
- Ankr partners with Microsoft to offer enterprise node services
- Polygon Labs cuts staff by 20% in consolidation
- Bosch and Fetch.AI launch $100M foundation to fuel Web3 adoption
- Blur to airdrop $300M in extra tokens to 'Loyal' NFT traders
👉 https://cryptorank.io/news
Polyhedra Network, a Web3 infrastructure startup, raised $10 million in a funding round co-led by Binance Labs and Polychain Capital, with participation from Animoca Brands and Dao5. The company uses zero-knowledge (ZK) proof technology to develop various infrastructure offerings.
👉 https://cryptorank.io/ico/polyhedra-network
Bitget Launches Hong Kong Zone on Spot Market
Bitget has announced it’s latest addition to the spot trading zones, Hong Kong Zone. With more than 20 listed projects included $CFX ,$MDT and new $OAX, $COCOS.
👉https://www.bitget.com/en/support/articles/12560603777222
Tracking the Funding of Top Blockchain Ecosystems
Ethereum projects received the most funding with $7.76B in total and 191 fundraising rounds over 2022. This is followed by BNB Chain with $2B, Polygon $1B and Solana $873M.
👉 https://cryptorank.io/funding-analytics
📈Market Overview
Bitcoin’s upward momentum can continue, according to Asian stablecoin demand and the BTC futures premium, bulls ignore recent regulatory FUD by aiming to flip $25K to support.
The Top-10 cryptocurrencies are traded in different directions: Polygon -1.1%, XRPL +2.4%, OKB +1.5%.
Market capitalization: $1.21T (+1.75%)
The BTC dominance: 40.02% (+0.27%)
Fear & Greed Index: 60 (Greed)
https://cryptorank.io/heatmaps
👉 Top Gainers
Relay Token (RELAY) +140%
BoringDAO (BORING) +138%
CherrySwap (CHE) +107%
👉 Top Losers
Aion (AION) -18.8%
XMON (XMON) -16.6%
TrueFi (TRU) -14.1%
BTC Futures
Aggregated Volume — $36.5B
Aggregated Open Interest — $9.7B
👉 Derivatives Market Analytics
Top 10 Fundraising Rounds Last Week
Taurus leads, followed by GrainChain, Superplastic, and Monad. For more insights, visit Funding Rounds page.
👉https://cryptorank.io/funding-rounds