DeFi Daily News，February 22nd, 2021
1. In the evening of February 21, the “Economic Information Network” column of CCTV-2 (CCTV Finance Channel) reported on Bitcoin. According to reports, Bitcoin prices have continued to rise recently. On February 19, the size of the Bitcoin market exceeded US$1 trillion; on the 20th, the price of Bitcoin once exceeded US$57,000, setting a new historical record again. So far, compared with the low of more than $3,800 in March last year, the price of Bitcoin has risen by more than 1,300% in less than a year. In addition, it is also mentioned that as the price of Bitcoin continues to rise, more and more companies have begun to publicly announce the allocation of Bitcoin as an asset. Institutional analysis stated that Tesla made nearly $1 billion in book profits through Bitcoin last month, exceeding the proceeds from the sale of electric vehicles last year.
2. On February 21, according to Purpose Investments official website data, its Bitcoin ETF went online on February 18, and its assets under management exceeded US$400 million in just three days. According to data from the Purpose website, this figure highlights the rapid development of the ETF since it began trading on the Toronto Stock Exchange.
3. According to the BlockBeats news, on February 21, the DEX aggregator 1inch.exchange tweeted that in less than 3 weeks, the transaction volume increased by another 5 billion US dollars, and the total transaction volume of the 1inch aggregator successfully exceeded 20 billion US dollars (the latest data from Dune Analytics shows 20181575099 USD). 2021 may be truly named the “Year of DeFi”.
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