Huobi Research is a blockchain industry think tank affiliated with Huobi Global. Our weekly reports provide the latest data on market activity, project developments and critical events. For this week’s update, check out our overview and full report below.
Feb 14th – 20th Overview
Crypto market analysis: The overall cryptocurrency market cap was $1.787 trillion this week, down 4.89% from last week, with BTC and ETH market cap are 42.58% and 18.73% respectively. BTC market cap market cap decreased slightly, ETH market cap market cap rose slightly.
Market review: Total value locked (TVL) is $ 196.96 billion, with Terra performed well last week. TVL in layer 2: total value locked (TVL) is $5.88 billion, 1.11% lower than last week.
Projects review: Sperax (SPA), NEO and Osmosis (OSMO) are the top three gainers among top 100 market cap projects. New projects such as Project Galaxy, Axelar, Gamium, Engines of Fury and Ark Rivals
are worthy of attention.
Weekly Breaking News: The mainstream project of OpenSea hackers made more than 4.16 million US dollars and stole hundreds of NFTs, including 37 Akuzi, 4 boring apes, etc.
Investment and Financing News: There were a total of 28 investment and financing deals this week , with a total value of over $0.43 billion. Decentralized wireless network operator Helium (HNT) has completed a $200 million Series D at a $1.2 billion valuation
For full details and data, download the report here