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🚀 Exchanges are turning up the heat!🔥

It's almost the weekend, Geckos!   Deltec, a Bahamas-based bank that's responsible for holding stablecoin, Tether's (USDT) reserve revealed that it has a large position in bitcoin (BTC).   Chief Investment Officer of Deltec, Hugo Rogers shared they bought BTC at the price range of $9,300 and they're happy about the returns so far.    Currently, USDT has a circulating supply of $24.3 billion and Tether claimed that for every USDT circulating is fully backed with an equivalent of a U.S. dollar in their reserves.    In today's news, Coinbase offers new ways to list more coins, decentralized exchanges volume is growing rapidly, and Gemini is planning to go public.   Read on!

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Sponsored There are a few crypto trading apps on the market right now, but almost none of them provide the types of features that eToro does. Price charts, stats, news, and more; plus, you get access to 16 of the world's most popular cryptocurrencies. For everything you need to trade and trade well, go for eToro. Discover why millions use eToro to trade crypto. Join today.    75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Coinbase Is Looking For More   Coinbase just introduced Asset Hub, a feature that allows any asset issuer to apply for their coins to be listed in the reputable cryptocurrency platform.    Coinbase currently supports trading for over 40 crypto assets on its exchange and Coinbase Custody supports over 90 crypto assets.   Applications through Asset Hub will be evaluated thoroughly and the approved coin listings will have access to over 35 million verified users on its platform.    CoinDesk DEX Volume Growing To New Records   Decentralized Exchange (DEX) volume is on track to set a new record for surpassing its previous all-time trading volume.    DEXs like Uniswap and Curve Finance have already transacted more than $27 billion in volume so far in January, inching closer to its highest volume of $29 billion back in September 2020.   Uniswap and SushiSwap are the two largest DEXs by volume, capturing approximately 45% and 22% of total trade volume respectively.    DeCrypt Gemini Exchange Going Public Gemini, a cryptocurrency exchange founded by the The Winklevoss twins stated they may consider taking the firm public soon.    To drive more attention to the platform, Gemini will be launching a credit card which offers up to 3% back in BTC or other cryptocurrencies on every purchase made.   The twins have been long-time supporters and holders of BTC. They are known for picking legal battles with Mark Zuckerberg for taking their idea for Facebook Inc.   CoinDesk

Hey there, Geckos!   Our 2020 Yearly Crypto Report is here!   It was certainly an adventurous journey for the crypto space as we began to see more institutional investors trickling in. We also experienced the rise of Decentralized Finance (DeFi) in the summer which introduced billion-dollar protocols including Uniswap, Curve,  Synthetix, and more. And let's not forget the bountiful airdrops from Uniswap, 1Inch, and The Graph!   Here are our 5 key crypto-highlights for 2020:   The top-30 crypto market cap saw a 308% growth The 2020 - 2021 Bitcoin bull run appears to mimic 2016-2017 trajectory DeFi ended the year with an all-time high market cap of $20.4 billion Trading volume of CEXs and DEXs grew by $403 billion  Bitcoin Perpetual Swap hit $3.5 trillion in volume as Bitcoin price recorded new ATH   Read our report here! Fiat-Pegged Cryptocurrency Certain cryptocurrencies are pegged to an underlying asset, such as the USD Coin (USDC), which is a stablecoin by Coinbase. A USDC token is issued for every $1 kept in Coinbases' reserve. A pegged cryptocurrency can be pegged to any asset and then issued on a blockchain. As long as the cryptocurrency can be redeemed for the underlying asset, it can be considered as a pegged cryptocurrency.   Learn about other Crypto terms here Weekend Reads 📖 Macaque monkeys can spot expensive items to steal             The biggest things humans could build        Removing space junk The covert race for an artificial sun and unlimited energy        Here are the top trending coins for this week! Read more on CoinGecko

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