Dear users:

Thank you for your continuous support and trust to HT.

Today is 4th of Lunar January. Known as the day of the goat, it stands for an auspicious beginning of a new year. Good luck to all of our users and may everything beautiful and best be with you and your family. We have integrated HT related information for your review. 

 

I. HT Data and Events Calendar

1. Data of HT

In January, 2021, HTX burnt 10.9702 million HT (about 58.1652 million USDT), which has increased by 116.2% compared to December, 2020. As of February 15, 2021, the number of burnt HT combined has reached 250,007,000 HT.

The HT deflation rate of the month is 4.01%. 【Calculation Function: HT deflation rate =（10.9702 million HT burnt amount * (15%/20%)）/ previous period's total quantity in circulation 205,037,400 HT】

Aggregate HT Circulation Amount: 249,992,000 HT

Current HT Circulation Amount: 196,809,000 HT

HT month-on-month user growth: 7.88% higher than that in December, 2020

For more information about HTX HT, click: https://www.huobitoken.com/

Please refer HT burning scheme of HTX to the following:

The Results For HT Token Burn Program Community Vote

Announcement on the Continuation of “Monthly” Burn of HT

2. Events Calendar of HT

①As of February 5, 2021, the HTX ECO Chain (Heco) has deployed 60 DApps, over 1.84 million non-zero addresses and $1.385 billion main assets locked. Heco now occupies 1st place among global public chains regarding locked main assets, active users, and development progress.

②As of February 5, 2021, HTX has launched 15 new coin staking and 10 DeFi liquidity mining and have locked a total of 115 million HT and distributed $8.2 million worth of USDT to HT campaign participants.

3. Institutional Coverage

①TokenInsight: On February 3, TokenInsight data showed that the platform token rose by an average of 32% in January, the market value of HT reached $1.336 billion, an all time high, and the price of HT increased by 56.52% in January 2021.

②ChainsMap: On January 13, 2021, according to the on-chain data monitoring system of ChainsMap, Chains Guard Technology, there emerged a trend of bitcoin backflow for HTX in December, tracking a monthly net inflow of over 10,000 bitcoins, which doubled from the previous month.

③TokenInsight: On January 21, TokenInsight released the 2020 Digital Asset Derivatives Exchange Industry Research Report. The annual trading volume of HTX DM exceeded $2.24 trillion, which ranks first in the world.

 (Note: The above data is published independently by third-party research institutions, and HTX only quotes third-party data, and HTX is not legally accountable for the third-party data.)

 

II. Business Development of HTX

1. HTX has listed ten new assets including BADGER and MATIC in January 2021.

2. Musk interacted with HTX on Twitter. On February 4, Tesla CEO Elon Musk released multiple tweets about DOGE. He first released a picture with the meaning of "to da moon", which was followed by a comment of Doge. Later, Musk interacted with the Dogecoin campaign on HTX's official Twitter, saying “The most entertaining outcome is the most likely”.

3. On January 26, the “Wealth Management” sector of HTX was upgraded. It now mainly includes Flexible Earnings and Fixed Earnings. In the Flexible Earnings sector, HTX Earnings, a brand-new product was launched. The previous services like Savings, Locking and Mining, Pool Savings, and ETH2.0 will all be migrated to HTX Earnings.

4. On Feb 3, HTX launched Grid Trading on its website, and opened trading for BTC/USDT, ETH/USDT, and HT/USDT. This strategic tool will soon be supported on HTX App.

5. In order to reduce the transaction costs for users, HTX Futures has decided to temporarily extend the promotion period of USDT-margined swaps transaction fee to February 28, 2021 (GMT+8), allowing users to enjoy the most favorable rate in the industry.

 

III. Media Coverage

1. Xinhua News Agency: Du Jun: Blockchain is expected to become an “accelerator” for the transformation and upgrading of financial and other business formats

On February 3, Xinhua News Agency reported that nowadays more and more institutions are participating in and taking blockchain as an important breakthrough for independent innovation of core technologies. Industry experts believe that blockchain technology is expected to accelerate the transformation and upgrading of many business formats such as the financial industry, which will better serve the real economy. "Blockchain technology is of great significance to the development of traditional finance and the promotion of global digitalization." Du Jun, an industry expert and co-founder of HTX, pointed out.

2. ChainDD: HTX CEO Seven: Looking back after a few years, you may miss the era of violent burning of HT

According to a report by ChainDD on February 2, HTX CEO Seven answered several questions which received much attention about HT in the community. He said that in 2021, HT is expected to usher in the best "golden cycle" in history, and market forces will accelerate the correction of the HT market price. We would like to congratulate the long-term HT supporters that things have finally worked out. But more importantly, we’d like to thank you for staying with us over the years.

3. PANews: HTX was awarded the title of "The Most Popular Public Chain of the Year" and "The Public Chain with the Best Quoted Depth of the Year"

On January 21, HTX was awarded the title of "The Most Popular Public Chain of the Year" and "The Public Chain with the Best Quoted Depth of the Year" in the PARTY (PANews’ Retrospect of The Year) event organized by PANews.

Thank you HTX Fellows, see you next month. 

HTX
February 15, 2021