DeFi Daily News,February 18th, 2021

ONEROOT
2 min readFeb 18, 2021

1. Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) trading around $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.16% over the previous 24 hours, which trading range was between $48,430.80-$52,536.47. BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians.
2. According to the ChainNews, Coinbase, the largest cryptocurrency trading platform in the United States, has a share price of US$303 on the Nasdaq Private Market. Based on 254 million shares in circulation, Coinbase’s valuation has risen to US$77 billion. As previously reported, Coinbase has chosen to list directly on the Nasdaq, before entering the Nasdaq private equity market to provide shareholders with a secondary stock market.
3. According to BlockBeats news, on February 18th, the Ethereum lossless lottery project PoolTogether published an article introducing the governance token “POOL”. The token address is: 0x0cEC1A9154Ff802e7934Fc916Ed7Ca50bDE6844e; the total number of tokens is 10,000,000, of which 80.04% of the tokens are allocated to the community, 12.44% is allocated to consultants and employees (locked for one year), and 7.52% is allocated for investors (locked for one year) . In addition, the team decided to airdrop 14% of the total amount, or 1.4 million tokens, to users (including V1, V2, V3) before January 14, 2021. There are 17,072 addresses that can be applied for, and it is currently open for collection. In the future, PoolTogether will distribute 5% of tokens to users within 14 weeks from February 17th.
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