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KuCoin Research Monthly Report: Crypto Investment Sees 113 Crypto Projects Funded Amid 28.19% Funding Dip, Spotlight on Early-Stage Tech

VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin Research, the dedicated research arm of KuCoin, a top 5 global cryptocurrency exchange, has released its

Investment dynamics in January showed an interesting pattern, with an increase in the number of projects securing funding, despite a general decline in the scale of financing. This reflects a strategic, albeit cautious, investment approach, focusing particularly on emerging and promising sectors like ZK, Layer2, and LSD.

The Federal Reserve’s choice to maintain steady interest rates during the month underscored the resilience of the U.S. economy, although the elusive inflation target signaled cautious optimism among investors, affecting expectations for future rate cuts. Additionally, the Ethereum Virtual Machine (EVM) ecosystem experienced a resurgence, evidenced by a series of airdrops and new token launches that revitalized interest in platforms such as Solana and the MEME market, notwithstanding challenges faced by the Manuscript ecosystem.

The report further highlights a surge in stablecoin activity, particularly the record issuance of USDT and the noteworthy shift in Binance LaunchPool’s support strategy, moving from TUSD to FDUSD. This trend underscores the evolving preferences and strategies within the stablecoin sector.

The regulatory landscape also shaped the month’s market dynamics, with the SEC’s proactive stance on Bitcoin ETFs contrasting sharply with South Korea’s conservative approach and Hong Kong’s active efforts to facilitate Bitcoin spot ETF listings. These developments highlight the diverse and evolving regulatory perspectives on cryptocurrencies globally.

KuCoin Research’s comprehensive analysis provides stakeholders with crucial insights into the cryptocurrency market’s latest trends, investment patterns, and regulatory developments, offering a solid foundation for informed decision-making.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 800 digital assets and currently provides Spot trading, Margin trading, P2P Fiat trading, Futures trading, Staking, and Lending to its 30 million users in more than 200 countries and regions. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards. Learn more at https://www.kucoin.com/.

About KuCoin Research

KuCoin Research is a leading provider of research and analysis in the cryptocurrency industry. With a team of experienced analysts and researchers, KuCoin Research aims to deliver high-quality insights and reports to empower investors and industry professionals.

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