According to statistics from Dede Think Tank, as of 12:00 on January 21, 2024, there are 12,331 currencies in the global digital currency market. The total market value is $1,723,632,921,220 (about $172.36 billion). This week, the total market value of digital currencies fell by about $37.5 billion compared to last week, a drop of about 2.13%.

The global mainstream digital currency market fell overall last week

According to statistics from Dede Think Tank, as of 12:00 on January 21, 2024, the mainstream digital currency market was generally downward last week.

Among them, the price of BTC fell from $42,978.01 to $41,769.50, a drop of about 2.81%;

The price of ETH fell from $2,549.06 to $2,478.41, a drop of about 2.77%;

BNB price increased from $304.76 to $319.27, an increase of about 4.76%;

The LTC price fell from $71.92 to $71.30, a drop of about 0.86%;

The DOT price fell from $7.64 to $6.92, a drop of about 9.42%.

The SOL price dropped from $97.86 to $93.56, a drop of about 4.39%.

This week, the overall market value of the top 30 digital currencies fell by 0.28% compared to last week.

According to statistics from Dede Think Tank, as of 12:00 on January 21, 2024, there are 12,331 currencies in the global digital currency market. The total market value is $1,723,632,921,220 (about $172.36 billion). This week, the total market value of digital currencies fell by about $37.5 billion compared to last week, a drop of about 2.13%.

The total market value of the top 30 digital currencies is $1,501,400,443,593 (approximately US$150.14 billion), accounting for approximately 87.11% of the total market value of all digital currencies, down 0.28% from last week.

BTC ranked first in market value this week, at approximately $818.9 billion, accounting for 54.54% of the total market value of the TOP30, down 0.11% from last week.

Ranked second is ETH, with a market value of approximately US$297.8 billion this week. The TOP30 total market value accounts for 19.84%, down 0.04% from last week.

Ranked third is USDT, with a market value of approximately US$94.9 billion this week. The TOP30 total market value accounts for 6.32%, up 0.16% from last week.

The overall fluctuation of the cryptocurrency ranking in the TOP 30 is small. The distribution of specific cryptocurrency proportions is shown in the figure below:

This week, the top 30 digital currencies by market value are divided into public chains, platform coins, stablecoins, tokens, DeFi and other fields.

The largest sector is public chain, accounting for 76.84%, and the second largest sector is stable currency, accounting for 8.39%. The distribution of the top 30 digital currency sectors is shown in the figure below:

There was no significant fluctuation in the share of Bitcoin mining pools this week

According to statistics from Dede Think Tank, a total of 908 Bitcoin blocks were mined this week. Among them, there were 3 empty blocks, accounting for 0.33%. The average mining fee and block reward accounted for 13.60%. This week, the share of the top 10 Bitcoin mining pools accounted for 97.25% of the total share. The specific share distribution of mining pools is as follows:

Weekly News Review

Industry Progress

  • SlowMist founder: Hardware wallets purchased from unofficial channels are prone to tampering, and new devices must be activated when used for the first time

  • Layer1 blockchain AirDAO launches a vote on the percentage of AMB recycling and destruction

  • UN warns: Tether is increasingly favored by money launderers

  • OpenAI removes clause that prohibited its technology from being used for military purposes

  • Do Kwon appeals new Montenegrin High Court decision upholding extradition request

  • Circle: Asia Pacific accounts for 29% of global digital currency value

  • Circle CEO: US lawmakers are ‘very likely’ to approve a stablecoin bill in 2024

Investment and Financing

  • HashKey Group Completes Nearly $100 Million Series A Financing, with Pre-Investment Valuation Exceeding $1.2 Billion

  • Farcaster Ecosystem Project Wield Completes Pre-Seed Round of Financing of Over 1 Million USD, Led by Lemniscap

  • Web3 data analysis company 0xScope completes $5 million in financing

  • Blockchain finance company Canza Finance completes $2.3 million strategic financing, led by Polychain

  • Bitget announced that it will invest $10 million to support women's charity projects

  • Inception Capital Closes $30 Million First Fund

  • Web3 payment platform Fetcch completes $1.5 million Pre-Seed round of financing, led by Hashkey Capital and others

One-week policy review

  • South Korea's financial sector plans to formulate regulatory rules for virtual asset mixers

  • Former Turkish Central Bank Governor Murat Uysal Joins CoinTR Board of Directors

  • The South Korean government will review the plan to tax virtual assets originally scheduled to start in January next year

  • Egypt plans to issue central bank digital currency, e-pound, in 2030

  • Indian central bank governor: Cryptocurrency is risky, blockchain technology needs capitalization

  • South Korea's financial authorities will introduce a "review suspension system" for virtual asset operators to report

  • Indonesian cryptocurrency exchange trading volume to drop 60% by 2023

Investment Calendar

January 15 (Monday)

  • Vanguard: Will no longer provide cryptocurrency product trading services including Bitcoin futures ETFs

January 16 (Tuesday)

  • OKX Web3 Wallet DEX section is now fully connected to FacetSwap

January 17 (Wednesday)

  • Binance Launches 45th Project AltLayer (ALT)

January 18 (Thursday)

  • Monetary Authority of Singapore: Bitcoin spot ETFs cannot be listed in Singapore

January 19 (Friday)

  • ARK Invest bought $14.97 million of ARK 21Shares Bitcoin Spot ETF yesterday

January 20 (Saturday)

  • Musk denies rumor that xAI has received $500 million investment commitment

January 21 (Sunday)

  • /