DeFi Daily News,February 19th, 2021

1. Bitcoin hovers around $52,000 as markets wait and see whether the current price level will be held in the next few weeks. Bitcoin (BTC) trading around $52,124.59 as of 21:00 UTC (4 p.m. ET). Slipping 0.32% over the previous 24 hours, which trading range was between $50,941.99-$52,621.84.

2. On February 18, according to OKLink data from OKLink, as of 15:00 today, the top ten Bitcoin addresses holding a total of 901,900 BTC, accounting for 4.84% of the current Bitcoin supply, an increase of 0.02% from the previous month. The top 1,000 Bitcoin addresses held a total of 6,209,400 BTC, accounting for 33.33% of the current Bitcoin supply, an increase of 0.05% from the previous month.

3. According to BlockBeats news, on February 19th, Radicle, a fully decentralized code base, announced that it had raised $12 million in funding to integrate its peer-to-peer network with Ethereum, and launched the governance token RAD. This round of financing was led by NFX and Galaxy, with participation from Placeholder, Electric Capital and ParaFi Capital; in addition, some individual investors such as Naval Ravikant, Balaji Srinivasan and Meltem Demirors also participated. It is worth noting that this is the company’s first investment in cryptocurrency since Libra co-founder Morgan Beller left Facebook to join NFX in September 2020.

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