According to statistics from Dede Think Tank, as of 12:00 on April 14, 2024, there are 13,837 currencies in the global digital currency market. The total market value is $2,380,107,105,348 (about $2380.1 billion). This week, the total market value of digital currencies fell by about $335.2 billion compared to last week, a drop of about 12.34%.

The global mainstream digital currency market fell across the board last week

According to statistics from Dede Think Tank, as of 12:00 on April 14, 2024, the mainstream digital currency market was down across the board last week.

Among them, the price of BTC fell from $69,432.55 to $63,987.91, a drop of about 7.84%;

The price of ETH fell from $3,398.08 to $3,041.20, a drop of about 10.50%;

The price of BNB fell from $589.12 to $555.43, a drop of about 5.72%;

The LTC price fell from $103.95 to $77.19, a drop of about 25.74%;

The DOT price fell from $8.65 to $6.55, a drop of about 24.28%.

The SOL price dropped from $181.20 to $140.32, a drop of about 22.56%.

This week, the overall market value of the top 30 digital currencies increased by 1.40% compared to last week.

According to statistics from Dede Think Tank, as of 12:00 on April 14, 2024, there are 13,837 currencies in the global digital currency market. The total market value is $2,380,107,105,348 (about $2380.1 billion). This week, the total market value of digital currencies fell by about $335.2 billion compared to last week, a drop of about 12.34%.

The total market value of the top 30 digital currencies is $2,123,240,170,691 (approximately US$212.32 billion), accounting for approximately 89.21% of the total market value of all digital currencies, an increase of 1.40% compared to last week.

BTC ranked first in market value this week, at approximately $1,259.4 billion, accounting for 59.32% of the total market value of the TOP30, up 1.14% from last week.

Ranked second is ETH, with a market value of approximately US$365.2 billion this week. The TOP30 total market value accounts for 17.20%, down 0.18% from last week.

USDT ranked third with a market value of approximately US$107.4 billion this week. Its TOP30 market value accounted for 5.06%, up 0.51% 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 78.18%, and the second largest sector is stable currency, accounting for 7.02%. 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 1,054 Bitcoin blocks were mined this week. Among them, there were 4 empty blocks, accounting for 0.38%. The average mining fee and block reward accounted for 8.35%. This week, the top 10 Bitcoin mining pools accounted for 93.37% of the total share. The specific mining pool share distribution is as follows:

Weekly News Review

Industry Progress

  • Atomicals Protocol: Split plan has entered the testing phase

  • Nervos co-founder Cipher Wang: Found a token called RGB++ Protocol, which has nothing to do with the team

  • Report: Ethereum and Polygon attracted the most new users in the first quarter of this year

  • Charles Hoskinson refutes doubts and mentions two major upgrades of Cardano

  • Peer-to-peer order book protocol Saturn to launch Saturn V4, support Rune token trading, etc.

  • Binance will add USDT/CZK trading pair on Spot&Convert

  • Vitalik: ZK-SNARKs, MPC, FHE, etc. are inefficient and need to achieve real-time proof

Investment and Financing

  • Canada to invest $1.76 billion to support AI companies and research institutions

  • Hashkey Group plans to conduct A+ or B round of financing this year, and the amount may be higher than the previous round.

  • SocialFi project Young Protocol completes Pre-Seed round of financing with a valuation of US$8 million, led by Eureka Meta Capital

  • Crypto investment firm Arete Capital plans to raise $20 million for its first fund

  • NEAR Foundation launches Infrastructure Committee to allocate $4 million to support infrastructure projects

  • Web3 beauty startup Kiki World completes $7 million seed round, with participation from a16z Crypto and others

  • Zoth receives $2.5 million in seed funding led by Blockchain Founders Fund

One-week policy review

  • Chainalysis appoints former IRS-Criminal Investigation director to its top executive

  • US Treasury seeks more sanctions powers against crypto exchanges

  • South Korean financial authorities: Selling illegally obtained virtual assets is considered "illegal transactions" and may be investigated

  • New Zealand Business Minister: We should support the development of the cryptocurrency industry

  • Australia's ASIC appeals Finder Wallet defeat

  • Paraguay reconsiders Bitcoin mining ban, may sell excess electricity from a hydroelectric power station to miners

  • South Africa issues first crypto licenses, Luno and Zignaly are first to pass

Investment Calendar

April 8 (Monday)

  • Vitalik will give a keynote speech in Hong Kong on April 9

April 9 (Tuesday)

  • Vitalik: EIP-4844 lays the foundation for future expansion through DAS (Data Availability Sampling). A complete DAS can accommodate 128 blobs

April 10 (Wednesday)

  • Binance enters Hurun's "2024 Global Unicorn Ranking" TOP10, ranking ninth

April 11 (Thursday)

  • HashKey Capital's No. 9 license has been approved by the Hong Kong Securities and Futures Commission to upgrade and will be able to provide virtual asset fund products and services to retail investors

April 12 (Friday)

  • SBF appeals its conviction and sentence

April 13 (Saturday)

  • FTX/Alameda liquidation address deposited 2,500 ETH into Coinbase before the drop

April 14 (Sunday)

  • CME Fed Watch: The probability of the Fed keeping interest rates unchanged in May is 94.1%